live Donald Trump to roll out 'Board of Peace' in Davos
U.S. President Donald Trump unveiled the charter of his proposed "Board of Peace" in Davos, an initiative that expanded well beyond its original goal ...
Mongolian Prime Minister Luvsannamsrain Oyun-Erdene has stepped down after losing a vote of confidence in parliament, following weeks of public protests over corruption allegations involving him and his family.
The State Great Khural announced Tuesday that Oyun-Erdene was deemed to have resigned after lawmakers failed to pass a draft resolution on the confidence vote. Only 44 of 82 lawmakers backed him—well below the 64-vote threshold required.
He will stay on as caretaker prime minister until a successor is appointed within 30 days.
Oyun-Erdene, who took office in January 2021 and was re-elected in July 2024, addressed parliament after the result, saying it had been an honor to serve the country through challenges like the pandemic, war, and rising tariffs. He acknowledged that he had focused heavily on major infrastructure and resource development projects, but admitted he paid "too little attention to social and political issues."
The protests, which erupted in mid-May in the capital Ulaanbaatar, centered on reports of lavish spending by Oyun-Erdene's son and broader allegations of corruption at the top levels of government.
In a statement posted on the parliament’s website, Oyun-Erdene thanked citizens and youth for voicing concerns about transparency but said he regretted that their views had been “used as a political pretext causing instability.” He insisted he remained committed to fighting corruption.
During his time in office, Oyun-Erdene pushed for 14 large-scale projects in the mineral-rich country, including mineral processing plants, dams, power stations, and major water infrastructure.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
U.S. President Donald Trump said Washington would “work something out” with NATO allies on Tuesday, defending his approach to the alliance while renewing his push for U.S. control of Greenland amid rising tensions with Europe.
At the World Economic Forum’s “Defining Eurasia’s Economic Identity” panel on 20 January 2026, leaders from Azerbaijan, Armenia and Serbia discussed how the South Caucasus and wider Eurasian region can strengthen economic ties, peace and geopolitical stability amid shifting global influence.
The European Union has proposed new restrictions on exports of drone and missile-related technology to Iran, while preparing additional sanctions in response to what it described as Tehran’s "brutal suppression" of protesters.
Türkiye is closely monitoring developments in Syria and considers the country’s unity and territorial integrity vital for regional stability, President Recep Tayyip Erdoğan told President Donald Trump during a phone call on Tuesday, according to Türkiye’s Communications Directorate.
U.S. President Donald Trump unveiled the charter of his proposed "Board of Peace" in Davos, an initiative that expanded well beyond its original goal of overseeing the Gaza ceasefire.
The stark, frozen beauty of the Arctic has become the unlikely stage for a high-stakes diplomatic standoff that threatens to dismantle the transatlantic security architecture.
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NATO Secretary General Mark Rutte says the status of Greenland did not arise in his talks with U.S. President Donald Trump, as Trump stepped back from tariff threats and ruled out using force to take control of the territory.
Venezuelan oil exports under a flagship $2 billion supply deal with the U.S. reached about 7.8 million barrels on Wednesday, vessel-tracking data and documents from state-run PDVSA showed.
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