F-35 fighter jet crashes near California base
An F-35 fighter jet went down near Naval Air Station Lemoore in central California, the U.S. Navy confirmed on Wednesday....
Türkiye’s current account balance registered a deficit of $7.8 billion in April, according to data released Monday by the Central Bank of the Republic of Türkiye (CBRT), marking a wider-than-expected shortfall amid a sharp goods trade imbalance.
The goods segment recorded a substantial $9.89 billion deficit, while the services sector provided some relief with a net inflow of $3.9 billion, the CBRT reported.
Excluding gold and energy, the current account showed a more moderate deficit of $1.94 billion for the month.
The figure exceeded market expectations. A survey conducted by Anadolu Agency last week projected the April deficit at $7.08 billion.
The data also showed net outflows of $268 million in direct investment during April, reflecting subdued investor sentiment in the face of ongoing macroeconomic adjustments and global uncertainty.
April’s current account performance follows a series of economic reforms aimed at narrowing Türkiye’s external imbalances. However, persistent import demand—especially for energy and intermediate goods—continues to weigh on the trade balance.
Economists will be closely monitoring upcoming figures to assess whether Türkiye can meet its medium-term goal of reducing the current account gap, which remains a key challenge for financial stability and currency resilience.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
An F-35 fighter jet went down near Naval Air Station Lemoore in central California, the U.S. Navy confirmed on Wednesday.
President Donald Trump announced on 30 July, 2025, that the United States and South Korea have reached a "full and complete trade deal" that establishes a 15% tariff on South Korean exports while securing $450 billion in combined investments and energy purchases from Seoul.
The U.S. and Pakistan have reached an agreement that includes reduced tariffs for Pakistan and a partnership in which the U.S. will assist in developing the country’s oil reserves, officials from both sides announced.
The U.S. will impose a 15% tariff on imports from South Korea under a new trade deal that also includes a $350bn (about £264bn) South Korean investment in the U.S., President Donald Trump has announced.
Canada plans to recognize the State of Palestine at the UN General Assembly in September, Prime Minister Mark Carney announced Wednesday, joining France and the UK in ramping up pressure on Israel.
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