Afghan businesses seek new trade links at Iran construction expo
Afghan business representatives are seeking new trade and investment opportunities at Iran’s 26th International Building Industry Exhibition,...
Colombian President Gustavo Petro said on Thursday that a suspension of U.S. aid would make little difference to his country, although reductions in military assistance could have a tangible impact.
Over the weekend, U.S. President Donald Trump threatened to raise tariffs on Colombia and announced on Wednesday that all funding to the country had been halted.
Colombia was once among the largest recipients of U.S. assistance in the Western Hemisphere, but the flow of money has been abruptly cut this year following the closure of USAID, Washington’s humanitarian aid agency. Military cooperation, however, has so far continued.
“What happens if they take away aid? In my opinion, nothing,” Petro told reporters, noting that such funding often passes through U.S. agencies and largely benefits Americans.
He added, however, that losing U.S. military support would be more consequential.
“Now, in military aid we would have some problems,” he said, explaining that the loss of U.S. helicopters would have the most serious consequences.
The Trump administration has already “decertified” Colombia’s efforts to combat drug trafficking, opening the door to further cuts. Nonetheless, some U.S. military personnel remain stationed in the country, and both sides continue to share intelligence.
Petro has criticised the U.S. military’s strikes against vessels in the Caribbean, which have killed dozens of people and heightened regional tensions. The operations have also drawn condemnation from legal experts and human rights groups.
Trump, in turn, has labelled Petro an “illegal drug leader” and a “bad guy” — remarks the Colombian government has described as offensive.
In response, Petro has recalled his ambassador from Washington, though he met with the U.S. chargé d’affaires in Bogotá late on Sunday.
While Trump has not announced new tariffs beyond the existing 10 percent levy on Colombian goods, he said on Wednesday that he may take “serious action” against the country.
Petro argued that Trump is unlikely to impose tariffs on oil and coal, which together account for 60 percent of Colombia’s exports to the United States, and suggested that any impact on other industries could be offset by finding alternative markets.
Such tariff increases would reverse decades of U.S. policy that sought to make legitimate trade more appealing than the narcotics trade, and analysts warn that higher duties could ultimately strengthen drug trafficking networks.
Although his government continues to face challenges in asserting control over rebel and criminal strongholds, Petro said authorities had seized a record 2,800 metric tons of cocaine in three years, partly thanks to enhanced operations at Pacific ports used for smuggling via container ships.
He also reiterated his claim that Trump’s actions are politically motivated, intended to boost Colombia’s far right ahead of next year’s legislative and presidential elections.
U.S. President Donald Trump says Washington is not seeking an extension of its memorandum of understanding with Iran, claiming the U.S. already controls the Strait of Hormuz through its naval blockade.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Ukraine has targeted at least 20 Wildberries warehouses across Russia since 18 July, disrupting a major logistics network. Kyiv says the strikes aim to disrupt alleged military-linked supplies, while the attacks have caused billions of dollars in losses and wider economic pressure.
Türkiye on Wednesday rejected Israel’s justification for striking a Syrian airbase near its border, calling the claims “untenable” as tensions between the two countries rise over Syria.
Uzbekistan plans to open a logistics centre at Georgia’s port of Poti by 2027, with capacity to handle up to 500,000 tonnes of cargo a year, as Tashkent strengthens transport links through the South Caucasus.
The U.S. imposed sanctions on the International Criminal Court's (ICC) President Tomoko Akane and a senior trial lawyer at the court Abdoulaye Seye on Tuesday, Secretary of State Marco Rubio said.
Ukraine's parliament has approved Yevhenii Khmara as the country's new defence minister, cementing a key leadership change as Kyiv navigates wartime priorities and a broader government reorganisation.
Thai schools conducted active shooter drills on Wednesday (19 August), as authorities moved to strengthen security measures two weeks after a 14-year-old opened fire at a school and killed at least eight people.
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