live U.S. launches new strikes on Iran as Tehran targets Kuwait and Bahrain
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuw...
The Trump administration has announced a $60 billion reduction in global assistance, cutting over 90% of USAID contracts and reshaping U.S. foreign aid policy. The move has sparked legal challenges and raised concerns about the future of U.S. international support.
The Trump administration has announced it is eliminating over 90% of the U.S. Agency for International Development’s (USAID) foreign aid contracts, cutting $60 billion in global assistance.
The cuts, outlined in internal memos and federal court filings, signal a dramatic shift in U.S. foreign aid policy, reducing support for international development and humanitarian efforts.
The administration justifies the cuts by citing the need to eliminate “significant waste” and inefficiencies within foreign assistance programs. This move is part of a broader effort to overhaul how the U.S. delivers foreign aid through USAID and the State Department.
President Trump and ally Elon Musk have led efforts to reduce government spending, targeting USAID projects as part of their strategy. On January 20, Trump ordered a 90-day review of foreign assistance programs, which led to an immediate freeze in funding and the shutdown of thousands of U.S.-funded projects worldwide.
The cuts have sparked legal challenges from nonprofits and contractors who rely on USAID funding. As terminations continue, the future of U.S. foreign assistance remains uncertain, with advocates questioning the impact on global stability and U.S. diplomatic influence.
The U.S. says it has launched strikes on Iran after alleged attacks on three commercial vessels in the Strait of Hormuz. Washington described the action as a response to threats against civilian shipping and a breach of the ceasefire.
U.S. President Donald Trump said on Wednesday that the memorandum of understanding signed with Iran to end the conflict was "over", adding he did not want to engage with Tehran, calling the Iranian leadership "sick people".
NATO leaders are unveiling multi-billion-dollar arms deals in Ankara as President Donald Trump joins the summit, highlighting Europe's increased defence spending amid tensions over Russia and Iran, and following years of U.S. criticism of the alliance.
Mark Rutte, Secretary General of NATO, has described fresh U.S. strikes on Iran as "absolutely necessary," in remarks at the start of the second day of the alliance's sumit in the Turkish capital Ankara.
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China's technology sector is producing billion-dollar startups at its fastest pace in nearly five years, with artificial intelligence and robotics driving a new wave of investment that is reshaping the country's innovation economy.
Russia launched another wave of missile and drone attacks across Ukraine on Wednesday, killing at least nine people and underscoring Kyiv's growing concerns over dwindling supplies of U.S.-made air-defence interceptors.
U.S. President Donald Trump has informed Syrian President Ahmed al-Sharaa that he intends to remove Syria from the United States' list of state sponsors of terrorism, a move that could pave the way for greater foreign investment and deeper economic engagement with Washington.
Mark Rutte, Secretary General of NATO, has described fresh U.S. strikes on Iran as "absolutely necessary," in remarks at the start of the second day of the alliance's sumit in the Turkish capital Ankara.
U.S. President Donald Trump has said the United States will grant Ukraine a licence to produce Patriot interceptor missiles, a potentially significant step that could help Kyiv strengthen its air defences against Russia.
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