live U.S., Iran reach preliminary peace deal, Friday signing expected
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a pre...
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.”
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
U.S. and Iranian officials said they had agreed on a framework to end their war, halt the U.S. blockade of Iran and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Iran's nuclear program to further negotiations.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Spain has received around 900,000 applications from undocumented migrants seeking legal status under a government regularisation programme. The influx has far exceeded initial expectations, the Migration Ministry said on Monday.
A Ukrainian man has been found guilty of carrying out a series of arson attacks on properties linked to British Prime Minister Keir Starmer after being recruited by a mystery figure known only as "EL Money".
British lawmakers look set to revisit assisted dying in the new parliamentary session after Labour MP Lauren Edwards said she would reintroduce legislation that failed to complete its passage through Parliament earlier this year.
Israel expects to secure new contracts for its air and missile defence systems from European countries within weeks, as governments across the continent continue to strengthen their militaries amid security concerns linked to Russia's war in Ukraine.
U.S. President Donald Trump has threatened to impose 100% tariffs on French wine and champagne unless France removes its digital services tax on major American technology companies.
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