Google owner Alphabet to tap U.S. dollar, euro bond markets
Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue....
The U.N. agency responsible for providing humanitarian aid and support for displaced people has announced cuts in its 2026 budget due to financial constraints.
The agency plans to scale back its budget by nearly a fifth to $8.5 billion even as displacement continues to rise due to crises like the war in Sudan, a copy of its budget showed on Monday.
This means it will spend $8.5 billion as opposed to its budgeted $10.2 billion for the year 22025 due to financial constraints.
According to the UN, drastic cuts in foreign aid are becoming increasingly common among major donors in Europe and the United States, with a direct impact on the most vulnerable populations.
For example the United Kingdom, Belgium etc have all cut humanitarian spending while increasing military allocations.
At the end of June, less than 17% of the $46 billion needed to meet global humanitarian needs in 2025 had been received, according to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). This represents a 40% drop compared to the same period in 2024.
To cushion this, the agency plans to reduce posts by 25% or 3985 in the coming year. It will also close its regional bureau for Southern Africa effective 1st October.
Tom Fletcher, UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator says of the situation “The math is cruel, and the consequences are heartbreaking. Too many people will not get the support they need, but we will save as many lives as we can with the resources we are given.”
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
Russia has launched its new nuclear-powered submarine, the Khabarovsk, at the Sevmash shipyard in Severodvinsk, the Defence Ministry said Saturday.
A man and a woman were killed and several others injured in a shooting on the Greek island of Crete on Saturday, in what police officials described as a family vendetta, reviving memories of the island’s long and complex history of inter-family violence.
U.S. President Donald Trump said he does not believe the United States is going to war with Venezuela despite growing tensions, though he suggested President Nicolás Maduro’s time in power may be nearing its end.
The eastern Ukrainian city of Pokrovsk has emerged as a critical point in Russia’s campaign to seize the remaining Ukrainian-held parts of Donetsk, and its fate could shape the course of the conflict in the region.
Italian emergency services were battling on Monday to rescue a Romanian worker trapped for hours under rubble following the partial collapse of a medieval tower in central Rome, near the Colosseum.
Tanzania's President Samia Suluhu Hassan vowed on Monday to move on from deadly protests set off by last week's disputed election as she was sworn into office for her first elected term.
Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.
At least 37 people have died and five are missing after devastating floods and landslides hit central Vietnam, officials said Monday, as a new typhoon threatens to worsen the disaster.
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