Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth...
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has issued a stark warning regarding the rapidly deteriorating humanitarian situation in Afghanistan.
According to a recent statement, 14.8 million people in the country are currently facing food insecurity, with 3.1 million of them experiencing emergency-level conditions.
With the arrival of Ramadan, the situation has become even more dire, with millions of Afghans now uncertain about where their next meal will come from. OCHA has underscored the urgent need for $1.09 billion to provide life-saving humanitarian assistance to the Afghan population. However, the international response has been severely lacking, with only $9.9 million secured to date, a mere fraction of the required amount.
The humanitarian crisis has been further compounded by the political and economic instability that followed the Taliban’s return to power in August 2021. In November 2024, OCHA reported that 23.7 million people, including 9.2 million children, remain in need of humanitarian assistance. Despite OCHA’s appeal for $3.1 billion in humanitarian funding for 2024, only $1.15 billion were received, a significant shortfall that severely hampered relief efforts.
Compounding the challenges, the United States, one of the largest contributors of humanitarian aid to Afghanistan, has suspended all foreign aid since the new U.S. President took office in January 2025. This decision has had a devastating impact on humanitarian operations, as U.S. funding has historically been critical in supporting food, healthcare and education programs.
Recently, U.S. President Donald Trump linked the resumption of aid to Afghanistan to the return of military equipment left in the country following the withdrawal of U.S. forces. The Taliban, however, has refused to comply with this demand, creating a stalemate that further delays the delivery of much needed assistance.
The suspension of U.S. aid, coupled with the lack of contributions from other donors, has left humanitarian organizations struggling to address the overwhelming needs of the Afghan people. The situation remains dire, with millions at risk of starvation and without access to basic necessities, underscoring the urgent need for increased international support and funding.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
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At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Georgian Prime Minister Irakli Kobakhidze said during a press briefing in Adjara that some non-governmental organisations (NGOs) have engaged in anti-state activities and attempted to instigate revolutionary processes with the support of foreign funding.
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Türkiye’s largest technology festival, TEKNOFEST 2025, opened in İstanbul on Wednesday. The five-day event is organised by the Türkiye Technology Team (T3) Foundation in cooperation with the Ministry of Industry and Technology.
Georgia has officially closed one of the last remaining chapters of its post-Soviet financial history: the repayment of its longstanding debt to Russia.
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