Khankendi to host 17th ECO summit
Azerbaijan is an active member of the Economic Cooperation Organisation (ECO), and hosting the 17th ECO Summit in the country highlights its growing r...
Barnier will leave office having served the shortest prime ministerial term in modern French history
France plunged into political turmoil on Wednesday as Prime Minister Michel Barnier’s government fell to a no-confidence vote, marking the shortest prime ministerial tenure in the modern history of this country.
The far-right National Rally and the left-wing New Popular Front alliance united to oust Barnier after his government attempted to push through an austere budget aimed at curbing France’s soaring deficit.
MPs voted decisively to pass the no-confidence motion against Michel Barnier, just three months after he was appointed prime minister by President Emmanuel Macron.
The motion, tabled by opposition parties, came in response to Barnier’s controversial use of special powers to bypass parliamentary approval for his austerity budget. It is the first time a French government has been toppled by a no-confidence vote since 1962.
Wednesday’s vote required 288 MPs to support the motion for it to pass. In the end, 331 MPs voted in favor.
The unprecedented collapse has raised alarms over the stability of the eurozone’s second-largest economy.
Three sources told Reuters that President of France Emmanuel Macron aimed to install a new prime minister swiftly, with one saying he wanted to name a premier before a ceremony to reopen the Notre-Dame Cathedral on Saturday.
Any new prime minister would face the same challenges as Barnier in getting bills, including the 2025 budget, adopted by a divided parliament.
There can be no new parliamentary election before July.
Alternatively, Macron could ask Barnier and his ministers to stay on in a caretaker capacity while he takes time to identify a prime minister able to attract sufficient cross-party support to pass legislation.
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The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
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.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
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.
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