China’s resale home prices fall faster in June, signalling continued property market distress
China’s resale home prices fell at an accelerated pace in June, deepening concerns about the country’s ailing property market and underscoring the...
Germany will increase its military personnel by up to 60,000 troops as part of efforts to meet new NATO force and readiness targets, Defence Minister Boris Pistorius announced Friday, citing the country’s responsibility as Europe's largest economy.
Speaking ahead of a NATO defence ministers’ meeting in Brussels, Pistorius said the Bundeswehr will require between 50,000 and 60,000 additional active soldiers, bringing Germany’s total armed forces to approximately 250,000 to 260,000 troops.
"We are stepping up to our responsibility as Europe's largest economy," Pistorius told reporters, underscoring Germany’s commitment to bolstering collective defence capabilities.
The decision follows NATO’s internal assessment of capability gaps in the alliance's deterrence and defence posture, which identified major shortfalls across a range of areas — from combat-ready ground formations and long-range strike capabilities to ammunition reserves and secure communications infrastructure.
Due to the classified nature of the targets, NATO Secretary General Mark Rutte provided only general details. "We have to invest in our air defence systems, long-range missiles, manoeuvrable land-formations, and command and control systems — all of this has to happen," Rutte said, adding that significant financial investment would be required.
The move marks a significant step in Germany's ongoing efforts to rebuild military capacity following decades of underinvestment. It also aligns with NATO’s broader strategy to enhance readiness in response to evolving security challenges across Europe and beyond.
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 U.S. Department of Justice and FBI on Monday announced an arrest and indictments related to North Korea’s 'IT worker' program, through which North Koreans secured remote tech jobs at more than a 100 U.S. companies to steal money and data globally.
As the Dalai Lama turns 90, the question of his successor is drawing global attention — not just spiritually, but a deeply political one for China, India, and the U.S.
Azerbaijan's Interior Ministry has dismantled two criminal groups in Baku, detaining Russian nationals suspected of trafficking drugs from Iran and conducting cyber fraud operations.
German prosecutors have arrested a Danish citizen suspected of spying for Iran, reportedly gathering intelligence on Jewish individuals and sites in Berlin.
Billionaire Elon Musk has vowed to form a new political party if Donald Trump’s massive spending bill is passed by Congress, slamming it as evidence of a “one-party country.”
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