live Iran, U.S. make competing claims over control of Strait of Hormuz
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over t...
UN Secretary-General António Guterres has unveiled a sharp reduction to the organisation’s 2026 regular budget, proposing a cut of $577 million and an 18% reduction in staffing, as the United Nations faces one of its most severe liquidity crises in years.
Presenting his plan to the General Assembly’s budget committee on Monday, Guterres said he intends to bring next year’s core budget down to $3.238 billion, a 15% decrease compared with 2025.
The proposal would see the UN’s staffing table fall to 11,594 posts, including Special Political Missions — a reduction of 2,681 positions.
Guterres said the changes would require one-off costs tied to staff separations, relocations, and temporary support in human resources, legal affairs, and the administration of justice to ensure the transition is managed “responsibly.”
He warned, however, that even sweeping cuts will not stabilise the UN’s financial situation unless member states settle their outstanding contributions.
“Liquidity remains fragile,” Guterres said, noting that the UN ended 2024 with $760 million in arrears, of which $709 million has still not been paid. In addition, the UN has yet to receive $877 million in 2025 dues, pushing total arrears to $1.586 billion.
Guterres repeated his call for member states to pay assessed contributions “in full and on time,” adding that the Secretariat is operating far below approved budget levels and has proposed temporarily suspending the return of credits to safeguard liquidity.
“It is difficult for us to return money that we never received,” he said, urging members to agree on a temporary mechanism that protects their rights while allowing refunds once the UN’s cash position improves.
The United States — which pays the maximum 22% of the regular budget — remains the largest contributor.
President Donald Trump has criticised the UN’s performance and signalled he wants to reduce U.S. funding, adding uncertainty to future budget negotiations.
The UN is marking its 80th anniversary this year, and Guterres has launched a reform effort, known as UN80, to streamline operations and reduce expenditure.
Peacekeeping, which is funded through a separate budget, is also under pressure. Senior officials warned in October that a lack of funds could force cuts to a quarter of peacekeeping personnel across nine missions.
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
Palestinian Authority President Mahmoud Abbas met Türkiye’s President Recep Tayyip Erdoğan on Wednesday for talks focused on Gaza, Palestinian statehood and regional security.
Taiwan staged military defence drills on Wednesday as China concluded joint naval exercises with Indonesia in waters east of the island.
Washington’s counter-narcotics push is expanding as Colombia’s new conservative government backs deeper security cooperation.
Meta said it had removed more than 750,000 Facebook and Instagram accounts suspected of belonging to Australians under 16, as the country’s internet regulator weighs enforcement action over its teen social media ban.
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