World Bank urges Azerbaijan to unlock tourism for long-term economic growth
Azerbaijan should unlock the full potential of its tourism sector to drive long-term economic growth, diversify its economy and create jobs as relianc...
The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
U.S. Senate Majority Leader John Thune announced that the chamber could begin working on a new sanctions bill against Russia later this month. It would impose harsh economic penalties, including 500% tariffs on nations purchasing Russian oil, gas, uranium, and other exports.
The bill also outlines secondary sanctions for countries doing business with Russia—specifically targeting nations like China and India, which together account for 70% of Russia’s international energy trade. While President Donald Trump's administration continues to pursue a diplomatic resolution to the conflict, Senate leaders say they’re prepared to escalate pressure if negotiations stall.
Thune emphasized the Senate’s readiness to support the president with legislative tools to bring Russia to the negotiating table. Although there’s no set timeline, he hinted the bill could move forward in the weeks leading up to the July 4 recess.
The U.S. says it has launched strikes on Iran after alleged attacks on three commercial vessels in the Strait of Hormuz. Washington described the action as a response to threats against civilian shipping and a breach of the ceasefire.
U.S. President Donald Trump said on Wednesday that the memorandum of understanding signed with Iran to end the conflict was "over", adding he did not want to engage with Tehran, calling the Iranian leadership "sick people".
Typhoon Bavi churned southeast of Taiwan in the Pacific Ocean on Thursday, its winds easing overnight to just shy of 200 kph (124 mph), as authorities urged residents to stock up on supplies and brace for what could be the most powerful typhoon since 2024.
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defence spending amid tensions over Russia and Iran, and following years of U.S. criticism of the alliance.
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuwait and Bahrain in the latest escalation to derail efforts to end the war.
China's technology sector is producing billion-dollar startups at its fastest pace in nearly five years, with artificial intelligence and robotics driving a new wave of investment that is reshaping the country's innovation economy.
Western Europe experienced its hottest June since records began in 2026, according to the Copernicus Climate Change Service (C3S). The record-breaking month brought extreme heat, widespread disruption and thousands of excess deaths across parts of the continent.
South Korea's Supreme Court has upheld former President Yoon Suk Yeol's seven-year prison sentence in a case linked to his 2024 attempt to impose martial law.
Germany has reached an agreement with the U.S. to purchase Tomahawk cruise missiles and deploy them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday.
Australia and India have finalised an agreement allowing Australian uranium exports for India's nuclear energy sector, expanding cooperation on clean energy, critical minerals and infrastructure as the two countries strengthen their strategic and economic partnership.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment