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Bulgarian President calls for sharp increase in defence investment

Sofia, May 6 (IANS) Bulgarian President Rumen Radev on Tuesday called for a boost to defence investment, in order to modernise the country’s armed forces. Speaking at the traditional Army Day parade in the capital Sofia, Radev announced: “Today we finally said goodbye to the illusion that membership in defence alliances without developing our own […]

India to drop tariffs to ‘nothing’, says Trump

Washington, May 6 (IANS) US President Donald Trump on Tuesday said India has dropped — or it will — its tariffs on imports from the US to “nothing”. He shared no details on goods and sectors affected. The US and India have been negotiating a trade deal that Trump administration officials have said could be […]

Merz elected German Chancellor in second-round Bundestag vote

Berlin, May 6 (IANS) Friedrich Merz from the Christian Democratic Union (CDU) was elected German Chancellor on Tuesday afternoon’s second-round Bundestag voting. In the first round, Merz failed to secure a required majority in the parliament. A total of 325 members of Germany’s Bundestag, the country’s lower house of parliament, voted for Merz, surpassing the […]