South Korea’s President Lee Jae-myung appoints Yeo Han-koo as chief trade negotiator amid ongoing tariff talks with the U.S., aiming to ease tensions and secure a swift deal.
South Korea’s newly elected President Lee Jae-myung has named former Trade Minister Yeo Han-koo as the country’s chief trade negotiator to manage crucial tariff discussions with the United States. Yeo, who served under the Moon Jae-in administration, takes the lead amid the ongoing efforts to resolve tariff disputes following the U.S. imposition of duties earlier this year. President Lee also appointed key figures in the finance and foreign ministries to strengthen economic and diplomatic ties. In a recent phone call, Lee and U.S. President Donald Trump agreed to work toward a quick resolution of the tariff issues. Meanwhile, Prime Minister nominee Kim Min-seok highlighted the importance of strong relations with the U.S. and Japan for economic recovery and trade negotiations.
Bank of Russia Governor Elvira Nabiullina stated that the central bank will consider cutting interest rates at its next meeting if the current economi...
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election....
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations...
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against...
Russian President Vladimir Putin told US President Donald Trump during a phone call that the peace negotiations held in Istanbul will remain bilateral...
Bank of Russia Governor Elvira Nabiullina stated that the central bank will consider cutting interest rates at its next meeting if the current economic trends continue.
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election.
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations.
Russian President Vladimir Putin told US President Donald Trump during a phone call that the peace negotiations held in Istanbul will remain bilateral, involving only representatives from Russia and Ukraine.
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.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election.
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations.
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