Türkiye’s trade minister says talks in U.S. boost path toward $100B trade target
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral tr...
The government of Bangladesh has ordered tax and customs officials to immediately end a two-day nationwide strike that has paralysed tax operations, including customs services at the country’s key trade gateway, Chittagong Port.
In an official statement, the interim government warned that failure to return to work would prompt “strict measures” to safeguard national interests and economic stability, though no specifics were provided. Authorities emphasised that import and export activities must continue without disruption and classified all National Board of Revenue (NBR) positions as essential services.
The strike follows a May 12 government directive dissolving the NBR and replacing it with new revenue divisions aimed at modernising operations, eliminating redundancies, and increasing efficiency. However, many employees view the reforms as a threat to job security and institutional autonomy. They are calling for changes to the restructuring plan and demanding the resignation of the NBR chairman. A complete shutdown began Saturday to press these demands.
Business leaders have expressed alarm, cautioning that a prolonged standoff could destabilise supply chains, hinder tax collection, and further erode investor confidence in an already fragile economic climate.
The protests add to mounting challenges for the transitional administration of Muhammad Yunus, who took office after widespread student protests forced former Prime Minister Sheikh Hasina to flee to India.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Lebanon is prepared to demarcate its border with Syria, President Joseph Aoun said on Friday, while noting that the dispute over the Shebaa Farms could be addressed at a later stage.
Greek farmers blocked the Port of Thessaloniki on Friday as part of nationwide protests demanding delayed European Union subsidies and compensation for rising production costs and livestock losses.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
ussian President Vladimir Putin described Moscow’s relations with Baghdad as historically strong and unbroken during a meeting with Iraqi President Abdul Latif Rashid in Turkmenistan.
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