The Philadelphia Federal Reserve Bank President Patrick Harker said that he expects inflation to reach 2% target by the end of 2017. Therefore, he supports two more interest rate hikes during this year.
Rodrigo Duterte, the President of the Philippines, said on Friday that it will no longer buy used American weapons and will look for new equipment in Russia and China.
According to quarterly report prepared by the International Atomic Energy Agency, Iran has fully complied with its obligations under the nuclear deal. However, it risks to exceed the limit of heavy water reserves.
Li Keqiang said that China objects to North Korea's nuclear tests and is ready to support any new sanctions proposed by the United Nations.
Eric Schneiderman, the Attorney General of New York, said that the he has evidence that Exxon deceived its investors with respect to assessment of risks of climate change.
On Friday, Moldova's President Igor Dodon stated that his country could not join the European Union as bloc's unstable situation caused by the Brexit questioned the integration benefits.
Aeroflot stated on Friday that the Russian new domestically-built MS-21 passenger aircraft could become a serious competitor to industry's leaders Airbus and Boeing.
On Friday, the UK PM Theresa May announced that her Party's member Craig Mackinlay would stay as a candidate for the national vote despite misuse of funds in the 2015 election.
The Prime Minister of India Narendra Modi stated on Friday that India would stay committed to the Paris climate accord.
The Lebanon Interior Minister Nohad Machnouk stated on Friday that the government needs no less than six months to prepare for the Parliamentary Election to hold it under a new legislation.
Germany's industrial gases company Linde won a contract for supplying Russia's NKNK new olefin factory and agreed for a strategic collaboration with the firm's parent the TAIF Group.
The CEO of the Italian Enel Francesco Starace urged Sberbank to undertake the sail of the Reftinskaya coal power factory in Russia, aiming to close the deal in 2017.
According to Telegraph, the UK Prime Minister Theresa May might replace the current Finance Minister Philip Hammond with Amber Rudd, in case the government gains a landslide victory in June 8 election.
Eurostat reported that producer prices in the 19-member bloc held steady in April, following the preceding month's fall of 0.3% and falling behind expectations for a 0.2% increase.
Markit reported on Friday that its PMI for the UK construction sector came in at 56.0 for May, up from the prior month's 53.2, whereas analysts anticipated a decrease to 52.7.
Chinese authorities investigated a Japan's citizen for harming the national security on the back of a similar case held in May over six Japanese were examined on illegal activity suspicion.
On Friday, the German Minister of Environment Barbara Hendricks affirmed that the rest of the Paris climate accord countries would manage to fulfil it without the United States.
The CEOs of Walt Disney and Tesla Robert Iger and Elon Musk announced about their decision to quit Donald Trump's advisory councils after the President decision to withdraw the US from the Paris climate deal.
According to Russian Deputy PM Arkady Dvorkovich, Russia will not change its decision to join the 2015 Paris climate accord despite the US withdrawal from the pact.
The City of Dreams Manila's casino resort owner vowed on Friday to increase security of his complex after a gunman's attack left 36 people dead.
On Friday, the Greek police started clearing out an improvised migrant camp that was settled in the old Athens airport more than a year ago.
No less than 36 people are reported to be dead in Manila's casino as a gunman set fire to gambling tables that led the majority of visitors to suffocation, while several people had gunshot wounds.
The ex-FBI Chief James Comey is eager to testify before the US Senate panel next Thursday over the investigation in Russian alleged meddling in the 2016 US election.
Japanese core consumer prices climbed 0.2% in May, following the preceding month's drop of 0.1%, the Bank of Japan reported on Friday.