Thousands protest Bulgaria’s draft 2026 budget in Sofia
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest the government’s draft budget for 2026, the first to be prepared in eur...
UN Secretary-General António Guterres launched a fierce criticism of world leaders for failing to keep global warming below 1.5 degrees Celsius, as Brazil hosted a summit of global leaders ahead of the COP30 climate conference in the Amazonian city of Belém.
Scientists have confirmed that the world is on course to surpass the 1.5°C threshold around 2030, risking irreversible and catastrophic climate impacts.
“Too many corporations are making record profits from climate destruction, spending billions on lobbying, deceiving the public, and blocking progress,” Guterres said. “Too many leaders remain captive to these entrenched interests.”
He noted that countries collectively spend about $1 trillion a year subsidising fossil fuels. “We can choose to lead – or be led to ruin,” he warned.
Record heat and rising concern
The COP30 conference marks three decades since global climate negotiations first began. While nations have succeeded in slowing projected emissions growth, scientists warn that current efforts are still insufficient to prevent extreme levels of warming in the coming decades.
According to the World Meteorological Organization (WMO), this year is expected to rank as the second or third hottest on record, with average temperatures through August reaching 1.42°C above pre-industrial levels, following record heat in both 2023 and 2024.
“The alarming streak of exceptional temperatures continues,” said WMO Secretary-General Celeste Saulo.
Outside the still-unfinished conference venue, a small group of Indigenous people gathered, singing and calling for the protection of forests and their communities. Meanwhile, a flotilla carrying Indigenous leaders and activists along the Amazon Basin was delayed and is expected to arrive next week.
Key absences at the summit
During the two-day leaders’ summit on Thursday and Friday, around 150 heads of state, regional leaders, and international organisations are due to deliver speeches broadcast globally. However, leaders from four of the world’s five biggest polluters — China, the United States, India, and Russia — are notably absent, with only the European Union represented at the highest level.
The United States has chosen not to send any delegation at all. Instead, senior U.S. officials were in Greece on Thursday as energy giant ExxonMobil signed a new offshore gas exploration deal. Some analysts argued that Washington’s absence could enable a more balanced dialogue.
“Without the U.S. present, we can actually see a real multilateral conversation happening,” said Pedro Abramovay, Vice President of Programmes at Open Society Foundations and a former justice minister under Brazilian President Luiz Inácio Lula da Silva.
A new space for multilateralism
Lula held bilateral meetings on Thursday with UK Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Friedrich Merz, following talks the previous day with China’s vice premier and leaders from Finland and the European Union.
“In a moment when many people are proclaiming the death of multilateralism, I think there is a new space emerging — one that is not imposed from powerful countries onto poorer ones,” Abramovay said.
Brazil's climate funding push
Brazil hopes the World Leaders Summit will raise at least $10 billion towards its new Tropical Forest Forever Facility, part of a wider $125 billion goal to fund rainforest conservation and sustainable development.
China, Norway, and Germany were expected to announce contributions in Belém after Brazil made the first investment and Indonesia matched it. However, the United Kingdom — despite helping to design the fund’s framework — confirmed on Wednesday that it would not be providing financial support, a decision seen as an early setback for the initiative.
Venezuela says it has deployed a range of weapons, including decades-old Russian-made equipment, and plans to mount guerrilla-style resistance in the event of an air or ground assault particularly from the U.S.
U.S. President Donald Trump has told his advisers that he plans to speak directly with Venezuelan President Nicolas Maduro according to Axios, as Washington designated him as the head of a terrorist organisation on Monday. A claim Maduro denies.
Chinese President Xi Jinping has once again expressed strong support for Venezuelan President Nicolás Maduro, condemning foreign interference and criticising U.S. actions in the region.
The United States is preparing to launch a new phase of Venezuela-related operations in the coming days, four U.S. officials told Reuters, as the Trump administration escalates pressure on President Nicolas Maduro.
A major fire continues to rage at a warehouse in Southall, west London, sending thick plumes of black smoke into the sky hours after it first broke out.
Tunisian President Kais Saied summoned the European Union’s ambassador on Wednesday to express a “firmly toned protest” regarding a perceived breach of diplomatic protocol, the presidency said.
The International Monetary Fund (IMF) has reached a staff-level agreement with Ukraine to provide $8.2 billion over four years under a renewed Extended Fund Facility (EFF) programme.
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest the government’s draft budget for 2026, the first to be prepared in euros ahead of the country’s planned eurozone entry on 1 January 2026.
Former President Martin Vizcarra is sentenced to 14 years in prison after a Peruvian court found him guilty of accepting bribes while governor of the southern Moquegua region from 2011 to 2014.
U.S. President Donald Trump has announced that South Africa will not be invited to the 2026 G20 summit in Miami, the first time a member nation has been excluded in the forum’s two-decade history
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