Azerbaijan seeks bigger global investment role ahead of Baku forum
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan Inter...
The European Commission has announced its 18th sanctions package targeting Russia, focusing on cutting Moscow’s energy revenues and limiting its military capabilities.
On Tuesday, European Commission President Ursula von der Leyen unveiled the latest, 18th set of sanctions against Russia in response to its invasion of Ukraine. The new measures aim to restrict Russia’s energy income and military industry by banning transactions related to the Nord Stream gas pipelines and targeting banks involved in evading sanctions. Additionally, the Commission proposed lowering the G7 price cap on Russian crude oil from $60 to $45 per barrel. The package also includes expanding the list of vessels in Russia’s shadow fleet and oil trading firms under scrutiny. EU member states will begin discussions on this proposal this week.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Nigeria’s anti-drug agency says it has dismantled a methamphetamine production syndicate in what officials describe as the country’s largest drugs seizure of its kind.
After many years, reams of regulatory paperwork and a well-timed presidential visit, Tesla has finally launched its Full Self-Driving (FSD) system in China, the world’s largest electric vehicle market and one in which competitors have been rapidly advancing their autonomous driving capabilities.
Activists from a Gaza-bound flotilla detained by Israel at sea have been released from prison and are expected to be deported to Türkiye, officials confirmed on Thursday.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
Russia pledged support for Cuba on Thursday after the U.S. indicted former Cuban president Raúl Castro on murder charges linked to the 1996 downing of exile planes, escalating tensions between Washington and Havana.
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