Pakistan, China and Russia hold informal talks on Afghanistan in Doha
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan...
Thousands of Bulgarians took to the streets in Sofia and other major cities on Saturday to oppose the government’s plan to replace the lev with the euro, a key step in the country’s deeper integration into the European Union.
The new Bulgarian government, formed last month, has made eurozone membership a key priority, aiming to strengthen Bulgaria’s position in the EU. However, opposition parties and protesters want a national referendum before making such a major change.
“Revival Bulgaria has the will of the people, and that will now says clearly: we do not want the Bulgarian lev destroyed,” said Kostadin Kostadinov, leader of the Revival party. “We want to preserve Bulgaria’s freedom, and that’s why we demand a referendum.”
Bulgarian President Rumen Radev has also pushed for a referendum, citing concerns over inflation and the impact on vulnerable groups. He recently submitted a request to parliament to hold the vote, but the pro-EU majority rejected it, accusing Radev of acting under Russian influence.
Economic worries are heightened by recent reports that Bulgaria’s inflation is still too high for euro adoption, according to the European Central Bank. This delay has added to public anxiety over the timing and effects of joining the eurozone.
Currently, seven EU countries—including Bulgaria, Romania, and Poland—have not adopted the euro. While Denmark has an opt-out, the others are expected to join once they meet strict economic criteria.
Many Bulgarians, especially in rural areas, remain skeptical of the euro, fearing it will hurt their purchasing power and livelihoods.
As Bulgaria awaits Brussels’ decision expected in June, the debate over the lev versus the euro continues to shape the nation’s political and economic landscape.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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