News

Breakthrough in Baku delivers $1.3tn “Baku Finance Goal”

COP29 climate finance deal clinched, what are countries saying?

Countries weigh in as COP29 climate summit extends into overtime

Delegates at COP29 in Baku push for consensus on climate finance targets, with calls for urgent action to address the global climate crisis as negotiations intensify.

Croatian Short-Term Rental Owners Protest Tax Increases Amid Government Efforts to Address Housing Crisis

Short-term rental owners in Croatia protested against proposed tax hikes, claiming the measures unfairly target low-income earners and threaten their livelihoods. The government argues the changes aim to tackle a housing crisis driven by tourism demand.

Hungary, Poland warn of rising risks from Ukraine war

Hungary and Poland warn of escalating risks in the Ukraine war as Russia lowers its nuclear threshold and launches missile strikes, signalling a critical phase in the conflict.

EXCLUSIVE: COP29 Negotiations Teetering on the Brink of Collapse

First group of China's 41st Antarctic expedition team arrives at Qinling Station

China’s 41st Antarctic expedition team has reached Qinling Station, the nation’s fifth research base, to restore power, build infrastructure, and study climate change impacts on the Antarctic ecosystem, marking a key milestone in the country’s polar exploration efforts.

IMF Approves Third Review of Sri Lanka's $2.9bn Bailout

The IMF has approved the third review of Sri Lanka's $2.9 billion bailout, releasing $333 million in funding. While signs of economic recovery emerge, the country still faces critical debt restructuring challenges to move forward with the programme.

Wealthy countries back raising COP29 climate deal to $300 billion, sources said

Wealthy nations at COP29 have agreed to raise the global climate finance target to $300 billion annually by 2035, after a previous $250 billion proposal was rejected by developing countries. Negotiations continue as a new draft is awaited.

U.S. and Fiji initiate talks on expanding military ties

The U.S. and Fiji begin talks to strengthen military ties, with a new agreement and $4.9 million pledge for Fiji's defence.

North Korea condemns US military drills with South Korea and Japan

North Korea has condemned recent U.S.-South Korea-Japan military drills, warning of immediate action to counter provocations. Pyongyang accused the allies of escalating tensions on the Korean Peninsula, vowing to pre-emptively control risks if necessary.

Sean "P Diddy" Combs stays in jail as judge weighs bail

Following a two-hour hearing in Manhattan federal court, Judge Arun Subramanian stated he would make a decision "promptly." Combs has been held at the Brooklyn Metropolitan Detention Center for 10 weeks.

Wall Street closes higher after business activity data

All three major indexes posted weekly gains, as investors took comfort from data pointing to robust economic activity in the world's biggest economy.

First session of Georgia’s new parliament scheduled for 25 November

The ruling Dream party has vowed to proceed with the session despite widespread boycotts by opposition groups and ongoing constitutional disputes.

Caravaggio Portrait Showcasing to the Public in Rome

Unseen for over 60 years, a rare Caravaggio portrait is on public display in Rome for the first time. Depicting Monsignor Maffeo Barberini, and later Pope Urban VIII, the painting showcases Caravaggio’s dramatic 'chiaroscuro' technique.