Sterling, yen dragged by fiscal and political worries
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
NATO defence ministers are set to meet in Brussels this week to tackle Donald Trump’s call for a major military spending boost, just weeks before the alliance’s key summit.
As NATO prepares for its summit in The Hague on June 24–25, defence ministers will gather in Brussels to negotiate a new investment plan that responds to U.S. President Donald Trump's demand that members spend 5% of GDP on defence. While the current NATO target is 2%, Trump’s push has sparked intense discussion among European allies, who see the demand as crucial to securing continued U.S. engagement in Europe.
NATO Secretary-General Mark Rutte has suggested a compromise—3.5% for core defence spending and 1.5% for broader security investments. However, member states remain divided over both the timeline and what qualifies as “security-related” expenditure. Disagreements persist, particularly over whether the 5% target should be met by 2030 or 2032, and how to define spending categories such as cyber and infrastructure.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
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