South Korea’s new president Lee Jae-myung wasted no time addressing economic concerns, launching his first cabinet meeting with an urgent focus on reviving the economy and supporting struggling households.
Just a day after taking office, President Lee Jae-myung chaired his first cabinet meeting, emphasizing the need for swift action on economic recovery—a key promise from his campaign. Lee enters office amid political upheaval following former president Yoon Suk Yeol’s brief imposition of martial law, which triggered his impeachment and public outrage.
Lee criticized the state of the presidential office, and pledged immediate stimulus spending of at least 30 trillion won ($22 billion) to counter sluggish growth. With South Korea’s economic forecast nearly halved this year, Lee and his nominated prime minister, Kim Min-seok, warn of a crisis deeper than the 1997 Asian financial crash. Meanwhile, unresolved issues with U.S. tariffs remain a looming challenge.
German Chancellor Friedrich Merz met with Turkish President Recep Tayyip Erdogan on Thursday in Ankara as both countries explored new pathways for bil...
Central Asia, the South Caucasus and Pakistan have received a significant boost in their fight against the impacts of climate change with the approval...
Ukraine has introduced nationwide restrictions on electricity use, enforcing eight-hour daily limits following severe damage to power infrastructure....
Iran’s Foreign Minister Abbas Araghchi said that Tehran is pursuing what he termed a policy of “provincial diplomacy” to promote Iran’s trade ...
Russia launched a wave of drone and missile strikes on Ukraine’s energy infrastructure overnight, prompting nationwide electricity restrictions and ...
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
President Donald Trump announced on Thursday that he has approved South Korea to build a nuclear-powered submarine, which will be constructed in the United States, during his ongoing trip to Asia.
U.S. President Donald Trump and Chinese President Xi Jinping will meet face-to-face tomorrow in Busan, South Korea, marking a pivotal moment in bilateral ties between the two major powers.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 29 October, covering the latest developments you need to know.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
The deadliest police operation in Brazil's history killed at least 132 people, officials said on Wednesday, after Rio de Janeiro residents lined a street with dozens of corpses collected overnight, a week ahead of global climate events in the city.
Centrist liberal party D66, led by 38-year-old Rob Jetten, has made sweeping gains in the Dutch election, emerging neck and neck with Geert Wilders’ far-right Freedom Party (PVV) in early results — a stunning reversal just two years after D66 ranked sixth.
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
German Chancellor Friedrich Merz met with Turkish President Recep Tayyip Erdogan on Thursday in Ankara as both countries explored new pathways for bilateral economic relations.
Ukraine has introduced nationwide restrictions on electricity use, enforcing eight-hour daily limits following severe damage to power infrastructure.
Russia launched a wave of drone and missile strikes on Ukraine’s energy infrastructure overnight, prompting nationwide electricity restrictions and killing one person in the city of Zaporizhzhia, officials said on Thursday.
Israeli forces crossed into southern Lebanon overnight, killing a municipal employee in a border town raid that prompted Lebanon’s president to order the army to confront any future incursions, state media said on Thursday.
APEC countries are close to agreeing a joint trade declaration at their annual summit in South Korea, the host’s foreign minister has said, following U.S. President Donald Trump’s early exit.
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