THE HAGUE -- Dutch Prime Minister Dick Schoof announced the resignation of his government on Tuesday, saying that he will formally submit his resignation to the King.
The decision came after the far-right Party for Freedom (PVV) announced its withdrawal from the ruling coalition. (Netherlands-PM-Resignation)
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BRUSSELS -- The Eurozone's annual inflation rate for May stood at 1.9 percent, down from 2.2 percent in April, bringing inflation back below the European Central Bank's (ECB) target of 2 percent, according to a flash estimate published Tuesday by Eurostat.
Prices for food, alcohol, and tobacco rose by 3.3 percent year-on-year, up from 3 percent in April. The annual inflation rate for services reached 3.2 percent in May, down from 4 percent the previous month. (Eurozone-Inflation)
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PARIS -- Global GDP growth is projected to slow from 3.3 percent in 2024 to 2.9 percent this year and the next year, the Organization for Economic Cooperation and Development (OECD) said on Tuesday.
In its latest Economic Outlook, the OECD revised down its global growth forecast, citing a technical assumption that existing tariff rates as of mid-May will remain in place, despite ongoing legal disputes. (OECD-GDP-Growth)
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SEOUL -- Lee Jae-myung, presidential candidate of South Korea's majority liberal Democratic Party, would be elected the country's new president with certainty, local broadcaster JTBC and three terrestrial broadcasters said Tuesday.
With 40 percent of the votes counted at 11:41 p.m. local time (1441 GMT), Lee won 48.89 percent and his archrival Kim Moon-soo of the conservative People Power Party garnered 42.78 percent, according to the National Election Commission. (South Korea-Presidential Election)
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GAZA -- At least 24 Palestinians were killed and dozens injured early Tuesday by Israeli army fire while waiting for humanitarian aid in the southern Gaza city of Rafah, Gaza-based health authorities said.
Residents said the incident took place near the Al-Alam roundabout in western Rafah, where large crowds had gathered to receive aid amid ongoing hostilities and a worsening humanitarian crisis in the region. (Gaza Strip-Hamas-Israel)
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ABUJA -- With close to 200 confirmed fatalities, authorities in Nigeria's north-central Niger State are still searching for more than 1,000 people believed to have been swept away by devastating floods triggered by heavy rains over the past week.
The torrential downpours on Wednesday night wreaked havoc across Mokwa, a bustling market and farming town in Niger, submerging and washing away dozens of residential homes, some with occupants still inside, local officials said earlier. (Nigeria-Floods-Deaths)
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ULAN BATOR -- Mongolia's parliament speaker Dashzegve Amarbayasgalan said on Tuesday that since the State Great Khural, or the parliament, did not pass the draft resolution on the vote of confidence in the prime minister, Prime Minister Luvsannamsrai Oyun-Erdene was deemed to have resigned.
The Mongolian Constitution stipulates that if the draft resolution is not passed, the prime minister is deemed to have resigned and a new prime minister will be appointed within 30 days. (Mongolia-PM-StepDown) ■
