live U.S. launches fresh Iran strikes as Tehran retaliates in Gulf
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuw...
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.”
The U.S. says it has launched strikes on Iran after alleged attacks on three commercial vessels in the Strait of Hormuz. Washington described the action as a response to threats against civilian shipping and a breach of the ceasefire.
U.S. President Donald Trump said on Wednesday that the memorandum of understanding signed with Iran to end the conflict was "over", adding he did not want to engage with Tehran, calling the Iranian leadership "sick people".
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defence spending amid tensions over Russia and Iran, and following years of U.S. criticism of the alliance.
Typhoon Bavi churned southeast of Taiwan in the Pacific Ocean on Thursday, its winds easing overnight to just shy of 200 kph (124 mph), as authorities urged residents to stock up on supplies and brace for what could be the most powerful typhoon since 2024.
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuwait and Bahrain in the latest escalation to derail efforts to end the war.
China's technology sector is producing billion-dollar startups at its fastest pace in nearly five years, with artificial intelligence and robotics driving a new wave of investment that is reshaping the country's innovation economy.
Western Europe experienced its hottest June since records began in 2026, according to the Copernicus Climate Change Service (C3S). The record-breaking month brought extreme heat, widespread disruption and thousands of excess deaths across parts of the continent.
South Korea's Supreme Court has upheld former President Yoon Suk Yeol's seven-year prison sentence in a case linked to his 2024 attempt to impose martial law.
Germany has reached an agreement with the U.S. to purchase Tomahawk cruise missiles and deploy them on German territory, Chancellor Friedrich Merz told lawmakers in Berlin on Thursday.
Australia and India have finalised an agreement allowing Australian uranium exports for India's nuclear energy sector, expanding cooperation on clean energy, critical minerals and infrastructure as the two countries strengthen their strategic and economic partnership.
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