Sterling, yen dragged by fiscal and political worries
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
Türkiye supports NATO's new 5% defence spending target and says it has already surpassed the previous 2% benchmark, according to a Turkish defense ministry source.
A Turkish defense ministry source said on Thursday that Türkiye fully backs NATO’s recent decision to raise its defence spending goal to 5% of GDP by 2035.
The source noted that Türkiye already exceeds the previous 2% target and remains one of the alliance’s top five contributors in terms of operations and missions.
NATO allies adopted the new goal at the recent summit, citing ongoing security threats from Russia and the importance of reinforcing civil and military resilience.
The updated pledge includes allocating at least 3.5% of GDP to core defence spending and 1.5% to related infrastructure.
Türkiye, NATO’s second-largest army, has reportedly met all alliance capability requirements and continues to invest in domestic defense industries.
These efforts include the development of unmanned systems, hypersonic weapons, missile systems, and a nationwide "Steel Dome" air defense network. Plans are also underway for next-generation carriers, frigates, and tanks.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment