European stocks fall as Trump tariff threats rattle markets
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
The United Nations' World Food Programme, which gets much of its funding from the United States, is closing its southern African bureau due to funding constraints, the agency said on Monday.
WFP gets nearly half of its donations in a typical year from the United States, which is slashing foreign aid contracts around the world as part of President Donald Trump's "America First" agenda.
Regional spokesperson Tomson Phiri said that the agency would consolidate its eastern and southern African operations and run both from Nairobi.
He told Reuters it would not affect country operations in Southern Africa, where WFP is supporting millions of people affected by drought.
"The goal is to stretch every dollar and target maximum resources to our frontline teams," said Phiri.
He declined to comment on whether the decision was directly related to Trump's aid cuts, saying only that "the donor funding outlook has become more constrained".
Trump's administration is cutting more than 90% of the U.S. Agency for International Development's foreign aid contracts and over $58 billion in overall U.S. assistance around the world.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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