live Houthi attacks target Riyadh as Iran sets conditions for reopening Strait of Hormuz
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are m...
As host of next year’s COP30 climate summit, Belem is unveiling an ambitious new model for sustainable growth — one that turns the Amazon’s natural abundance into livelihoods while keeping its forests standing.
In the heart of the Brazilian Amazon, the state of Pará is redefining what progress looks like. Instead of clearing land for cattle or mining, the region is investing in the production and global export of forest-based goods — from acai and Brazil nuts to herbs and natural oils — that generate income without destroying the environment.
At the centre of this effort is the newly inaugurated $56 million Bioeconomy and Innovation Park, located near Belem’s historic Ver-o-Peso market. The state-of-the-art facility provides laboratories, machinery, and training for local entrepreneurs developing foods, cosmetics, and other products sourced from the Amazon’s biodiversity.
Local businesses are already reaping the benefits. Artisanal herb producers and acai exporters have expanded their operations, creating jobs and supporting hundreds of families in the process. Among them is Chef Leonardo Souza, who said the park helped transform his small business into a growing enterprise.
“We managed to increase the number of families,” Souza said. “When I first entered the bioeconomy park, I saw a great opportunity for us to expand our production capacity.”
The results are striking. Acai prices have more than tripled, climbing from $3 to $11 per pot, while exports to Europe continue to grow. The park also supports coffee growers who combine organic farming with reforestation, helping smallholders earn a stable income while restoring degraded land.
Para Governor Helder Barbalho said the state’s approach reflects a broader vision — to transform the Amazon’s natural wealth into what he calls a “new economy.”
“We must reduce our dependence on extractive economies, on industries that emit greenhouse gases,” Barbalho said. “Our goal is to build low-emission economies that value living forests.”
As COP30 draws closer, Belem hopes to showcase this model as a tangible example of how developing nations can reconcile growth with conservation. By investing in sustainable industries rooted in the forest itself, Brazil aims to prove that the Amazon can be both protected and profitable — a living engine of prosperity for generations to come.
Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
German voters cast ballots on Sunday in two state elections that could add to the political pressure on Chancellor Friedrich Merz, as his government faces growing public frustration and a resurgent far right.
Iraq has returned restricted airspace across the western part of the country to civilian authorities, ending limits imposed for military operations against Islamic State since 2016, the Transport Ministry said.
Denmark and Greenland have moved to reassure the public that their sovereignty will remain intact under a new security agreement with the United States.
World leaders are set to gather at the United Nations General Assembly in New York for several days of high-level debate, with Iran, Ukraine, artificial intelligence (AI) and a range of global crises expected to dominate discussions this week.
Ed Sheeran has broken his silence on the controversy surrounding his U.S. tour, apologising for decisions made after rapper Macklemore was removed from the line-up over his public support for Palestine.
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