Damaged vehicles are seen following an Israeli airstrike that targeted an apartment in Choueifat, south of Beirut, Lebanon, on May 28. File Photo Wael Hamzeh/EPA BEIRUT, Lebanon, June 16 (UPI) -- Lebanon's economy, shattered by the 2019 financial collapse, has suffered another major shock from the »»»

Secretary of Education Linda McMahon speaks at an education roundtable on June 11. The department announced Tuesday that it's moving four segments to other agencies. Photo by Daniel Heuer/UPI | License Photo June 16 (UPI) -- The Department of Education will shift two of its major departments, civil»»»

French department store BHV Marais will end its partnership with Shein after its operating company sold the landmark Paris outlet to a group of executives. The move follows months of controversy over the fast-fashion retailer’s presence in the store, including outcry over its environmental impact, »»»

In recent years, the rise of "China Travel" has turned medical tourism into an unexpected window through which foreign visitors can get a glimpse of China's development. Many foreign tourists are surprised when they find that, in China, they can get access to high-quality magnetic resonance imaging»»»

Ultra-pure silicon-28 is a key material for quantum microchips, essential for next-generation computing. Chinese researchers have produced silicon-28 with more than 99.99% isotopic purity for the first timeIt significantly reduces environmental quantum noise interference in quantum computingThe bre»»»

Yum Brands announced Tuesday it would sell Pizza Hut to a private equity firm. Stores in China will be owned by Yum China. File Photo by Stephen Shaver/UPI | License Photo June 16 (UPI) -- Yum Brands announced Tuesday that it plans to sell Pizza Hut to private equity firm LongRange Capital for abou»»»

CAIRO — Gold surged above $4,300 an ounce following the announcement of a US-Iran peace agreement, as investors rapidly reassessed the outlook for inflation, interest rates and global economic growth after months of geopolitical turmoil. The rally initially appeared counterintuitive. Traditionally,»»»

ISLAMABAD: Pakistan has played a key role in efforts to halt war between Iran and the United States, with Prime Minister Shehbaz Sharif announcing a deal and “immediate and permanent” end to military operations this week. Pakistan signaled it will continue to lay the groundwork for further talks, w»»»

MANILA: German President Frank-Walter Steinmeier said in the Philippines on Tuesday that Europe is worried over tensions in the disputed South China Sea where a major flare-out could endanger freedom of navigation as has happened in the Strait of Hormuz. In a joint appearance with Philippine Presid»»»

Sydney: The US military is planning a permanent war-ready weapons stockpile for its Marine Corps on Australia's southeast coast beyond the range of most Chinese missiles, tender documents show and officials confirmed to AFP. The development of the stockpile, a first for the Marine Corps in Australi»»»

Beijing, China: A 6.3-magnitude earthquake jolted Haixi Prefecture in northwest China's Qinghai Province at 506 p.m. Tuesday (Beijing Time), according to the China Earthquake Networks Center (CENC). The epicenter was monitored at 37.80 degrees north latitude and 95.56 degrees east longitude. The qu»»»

Nature and EnvironmentCharging ahead: EVs outpace growth predictionsGero RueterElectric cars are getting cheaper, more efficient and can travel farther than ever. China is driving the transition, but Europe and other countries are catching up fast. https://p.dw.com/p/5F7kvElectric vehicles charge a»»»

Kyrgyzstan’s Special Representative for Special Assignments, Bakyt Torobaev, spoke at the 7th Summit of Transnational Corporation Leaders, where he outlined the country’s large-scale economic reforms and invited the world’s largest companies to cooperate. In his speech, he noted that Kyrgyzstan — C»»»

NEW TAIPEI, Taiwan: Taiwan President Lai Ching-te said on Tuesday he would “not give up” on increasing defense spending, after the island’s opposition-majority parliament last month passed just two-thirds of a $40 billion supplementary budget. Taiwan’s government is prioritizing drones and other as»»»

Dubai: Central banks are expected to keep buying gold over the next year, with reserve managers increasingly treating the metal as a strategic asset during periods of crisis, geopolitical uncertainty and pressure on the US dollar, according to the World Gold Council. (Check latest UAE gold prices h»»»

BEIJING: China denounced on Tuesday European Union claims that Beijing had trained Russian troops sent to Ukraine as “pure slander,” after the bloc’s top diplomat became the latest to raise the issue. China has presented itself as a neutral party since Russia invaded Ukraine in 2022, although Kyiv’»»»

SYDNEY: The US military is planning a permanent war-ready weapons stockpile for its Marine Corps on Australia’s southeast coast beyond the range of most Chinese missiles, tender documents show and officials confirmed to AFP. The development of the stockpile, a first for the Marine Corps in Australi»»»

More than 96,000 visitors attended the 57th Watch and Jewellery Middle East Show in Sharjah, a 6 per cent increase from the previous edition, underscoring the continued strength of the regional luxury jewellery market and the UAE’s growing position as a trading hub for the industry. The five-day ex»»»

BEIJING: Chinese leader Xi Jinping pledged support on Tuesday for Myanmar in safeguarding its sovereignty, state media reported, as he met with President Min Aung Hlaing in Beijing. China is Myanmar’s most crucial ally and a rare enduring partner after Min Aung Hlaing’s 2021 coup ousted the elected»»»

SINGAPORE: Oil prices extended losses on ​Tuesday, as markets weighed prospects for a resumption of supply through the key Strait of Hormuz against shaky ‌physical market drivers and a lack of details from a preliminary deal to end the Iran war. By 09:31 a.m. Saudi time, Brent crude futures were do»»»

Los Angeles: A B-52 bomber crashed shortly after takeoff at a U.S. Air Force base in Southern California's Mojave Desert and burst into flames Monday, killing all eight people aboard, military officials said. Aerial footage showed virtually nothing left of the aircraft that went down around 11:20 a»»»

Special Representative of the President of Kyrgyzstan for Special Assignments, Bakyt Torobaev, participated in a business meeting with representatives of the business community of China’s Shandong Province as part of his working visit to China. He noted that Kyrgyzstan is interested in further stre»»»

Manila: A little-noticed ceremony in Central Luzon last month could signal one of the most significant shifts in the Philippines’ economic strategy in decades. On May 30, Jacob Helberg, the US Undersecretary of State for Economic Affairs, visited New Clark City to unveil a ceremonial marker for a p»»»

NEW YORK CITY: When the US and Iran signed a memorandum of understanding on June 14, ending more than three months of war and opening a 60-day negotiating window, the announcement was greeted with international relief. But many questions remain unanswered, central among them whether the economic re»»»

China wants to help Kazakhstan create a new “Dubai” on the Central Asian steppe. During a recent trade event in the Chinese city of Shenzhen, Chinese and Kazakh officials agreed in principle on 24 different projects to develop Alatau City, a futuristic urban centre intended to become a regional hub»»»

On June 17, the European Parliament is scheduled to vote on a draft report assessing progress made by Turkey last year towards EU accession. The document calls for the sanctioning of the country’s justice minister, Akin Gurlek. Prepare for a bit of noise. Political actors, who i»»»

The signing of the Islamabad Memorandum of Understanding (MoU) between the US and Iran on Monday has been welcomed by the international community after a devastating three-month war. The agreement was announced on June 14, President Donald Trump’s birthday, but the biggest beneficiary, experts say,»»»

Iranian President Masoud Pezeshkian said on Monday that the proper implementation of the memorandum of understanding reached with the United States could mark the beginning of “a new phase” for both Iran and the wider Middle East, as governments around the world welcomed the agreement and voiced ho»»»

US President Donald Trump has praised Russian President Vladimir Putin and Chinese leader Xi Jinping for their roles in bringing about a peace settlement with Iran. Moscow has repeatedly offered its mediation services and urged all sides to de-escalate. Trump made the remarks on Sunday in an interv»»»

Riot police in Geneva clashed with protesters on Sunday ahead of a Group of Seven summit in neighboring France. The violence disrupted a No-G7 demonstration which drew thousands. Geneva lies around 30 km from Evian-les-Bains, a French resort town on the shores of Lake Geneva where the 2026 G7 summi»»»

Beijing: China welcomed the announcement of an agreement on a memorandum of understanding (MoU) between the United States of America and Iran, which included a permanent ceasefire and the reopening of the Strait of Hormuz. "China hopes that the United States and Iran will sign the first-phase MoU o»»»

The memorandum of understanding between the United States and Iran was announced on the eve of the G7 summit in Evian-les-Bains, France, where leaders from some of the world’s wealthiest nations will begin meeting Monday. Gathered in the Alps through Wednesday, they will also discuss the war i»»»

Dubai: China has become the first country in the world to operate an underwater data centre powered by offshore wind, a milestone that could reshape how the global technology industry approaches one of its most pressing problems - cooling its servers without consuming vast amounts of energy and fre»»»

The two-day Impact’26 event in Poznan, Poland, brought together influential voices to debate the future of business, technology, and society. The numbers speak for themselves: over 7,000 participants, 650 speakers, 25 themed tracks, 9 stages, and a total of 94 hours of panel talks. At the opening, »»»

RIYADH: Saudi Arabia has signed six agreements and memorandums of understanding with Chinese entities and awarded housing projects worth more than SR1.9 billion ($506 million) in Riyadh and Dammam. The deals, announced during an official Saudi visit to China running from June 13 to 16, cover invest»»»

BusinessIranUS-Iran deal: When will oil prices fall?Srinivas MazumdaruA US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts and infrastructure recovers. https://p.dw.com/p/5FPQ»»»

Beijing: China's Ministry of Transport on Monday activated a Level-II emergency response for heavy rainfall, after the country's weather agency issued an orange alert, which is the second-highest in its four-tier warning system. From Monday afternoon to Tuesday afternoon, downpours are expected to »»»

GENEVA: Iran has executed at least 40 people, including 18 protesters, on “national security grounds” since the start of 2026, the United Nations said Monday. UN rights chief Volker Turk said he felt “deeply for the people in Iran, caught between war and cruel repression.” Since the start of the ye»»»

An earthquake was recorded in Issyk-Kul region, the Institute of Seismology reported. According to experts, the tremors occurred around 4 a.m. in China. The epicenter was located 143 kilometers southeast of Karakol city. The earthquake's intensity at its source was up to 3.0 on the Richter scale. N»»»

One of the largest projects in the history of Kyrgyzstan’s mining industry has officially begun in the highlands of Issyk-Kul region — the development of Togolok gold deposit. The project is considered strategically important for the country’s economy and, for the first time in independent Kyrgyzst»»»

Arab Finance: Ezz El Arab El Sewedy Industrial Investment Group signed an agreement with China-based ROX Motor to establish ROX Egypt to commence production of ROX's range-extended electric vehicles (REEVs) at the group's manufacturing facilities, according to a statement. The partnership marks a s»»»

Jiuquan: China on Monday launched a Lijian-1 Y14 carrier rocket with eight satellites onboard. The rocket blasted off at 1144 a.m. (Beijing Time) from a commercial space innovation pilot zone in northwest China and successfully sent its payload into the planned orbit. All the satellites onboard are»»»

Russian President Vladimir Putin, in a birthday message to Chinese President Xi Jinping, said that under Xi’s leadership China is achieving impressive results and strengthening its position on the global stage, according to an official Kremlin statement. The telegram also emphasized that both leade»»»

Beijing: The Qatar Free Zones Authority (QFZ) discussed investment opportunities and prospects for cooperation with GLP and Hidden Hill Capital in China, as part of its ongoing roadshow in the Republic of China. QFZ Chief Executive Officer, Sheikh Mohammed bin Hamad bin Faisal Al-Thani met with Co-»»»

BEIJING: ‌Myanmar’s Min Aung Hlaing arrived in Beijing on Monday for a five-day visit at the invitation of Chinese leader Xi Jinping, China’s state media reported, marking his ‌first trip ‌to the world’s ‌second-largest economy ⁠since being elected ⁠president. Min Aung Hlaing, 69, the former junta »»»

The United States and Iran have reached an interim deal aimed at ending the war and reopening the Strait of Hormuz. There are plans for a signing of the deal on Friday in Switzerland. However, previous announcements fell through, and what the deal contained remained in dispute Monday. Here's a time»»»

EVIAN-LES-BAINS: Leaders of the Group of Seven wealthy nations meet at ​a French lakeside resort on Monday shortly after the US and Iran said they had reached a preliminary deal to end their war. Discussing next steps on Iran will be one of several issues the global leaders will wrestle with during»»»

Paris: Iranian parliament speaker Mohammad Bagher Ghalibaf has emerged as the key negotiator and one of the most high-profile figures in the Islamic republic's leadership as it enters a new phase after the US-Israeli war. A pillar of the Iranian establishment for some three decades and one of its m»»»

In the twentieth century, oil was the resource that shaped the world. It fuelled economies, determined strategic alliances and transformed countries into global powers. Nations competed to secure access to it because they understood a simple reality: those who controlled the resources powering the »»»

You can’t argue with a man observing the obvious: We are living in unusually perilous times. In the Middle East, for instance, the Israeli-American infernal duo have been on a rampage of war, state terror, all-purpose devastation, and genocide that, as a bonus, has also brought the world economy to»»»