German chancellorFriedrich Merz announces that Germany will resume direct negotiations with Iran to support a ceasefire between Iran and the U.S., with talks planned in Islamabad, Pakistan, involving a German delegation.
The OECD reports that official development assistance from its member states declined by 23.1 percent in real terms to US$174.3 billion, marking the largest recorded annual decrease, with the reduction largely driven by cuts from the United States.
Venezuela's National Assembly approves a reform of mining laws that allows greater private investment in the country's mineral sector, with the bill advancing to constitutional review. The measure forms part of broader economic changes aimed at increasing foreign participation in natural resource industries.
Isar Aerospace's "Onward and Upward" mission, which had been due to launch from Andøya Space port in Andøya, Norway, is postponed for a third time due to a possible leak.