U.S., Russia plan truce to cement Putin’s Ukraine gains — Bloomberg
According to Bloomberg News, the United States and Russia are working toward an agreement aimed at halting the war in Ukraine by formalizing Russia’...
NATO member states have reached a consensus on a landmark defence spending target of 5% of GDP by 2035, paving the way for a formal announcement at the alliance’s upcoming summit in The Hague.
NATO diplomats confirmed on Sunday that all 32 member nations have approved a joint statement establishing a new goal for defence and security-related expenditure. The agreement follows extensive negotiations, with Spain previously voicing concerns over the scale of the proposed increase. However, a consensus was ultimately reached ahead of the high-level summit set to begin on Wednesday.
The statement, which remains unofficial until it is endorsed by NATO leaders, including U.S. President Donald Trump, represents a significant shift in the alliance’s defence posture. Currently, NATO’s formal target is set at 2% of GDP, a benchmark many members have struggled to meet. The proposed 5% goal signals a robust response to growing global security threats and aims to bolster the alliance’s collective deterrence capabilities.
According to diplomatic sources, the new target is not expected to be immediately binding but will serve as a guiding objective for long-term defence planning. The text reportedly calls for a gradual and "sustainable path" toward the 2035 goal, with flexibility for national economic conditions.
The decision comes amid heightened tensions in Europe and renewed pressure from the United States for greater burden-sharing within the alliance. President Trump has repeatedly urged NATO allies to step up their defence commitments, a stance he is expected to reiterate during his address in The Hague.
The summit is also likely to feature discussions on NATO’s strategic posture, the ongoing conflict in Eastern Europe, cybersecurity coordination, and emerging threats in the Indo-Pacific region.
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.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
According to Bloomberg News, the United States and Russia are working toward an agreement aimed at halting the war in Ukraine by formalizing Russia’s occupation of territories seized during its invasion.
A fire broke out at Cordoba’s historic mosque-cathedral on the night of 8 August but was swiftly extinguished, preventing damage to one of Spain’s most treasured architectural landmarks.
The Canadian government announced Friday it will join key allies in reducing the price cap on Russian seaborne crude oil in response to Moscow’s ongoing war in Ukraine.
Washington, D.C., will see its federal security funding reduced by $20 million this year under a Trump administration plan, despite the president’s repeated claims that crime in the capital is spiraling.
U.S. President Donald Trump personally welcomed Azerbaijan’s President Ilham Aliyev at the White House today, ahead of a historic peace signing ceremony. The meeting sets the stage for a U.S.-brokered framework aiming to stabilize relations in the South Caucasus.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment