G7 set to discuss climbing oil prices, release of emergency reserves
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint r...
The Trump administration announced on Friday that it has canceled grants and contracts worth about $400 million to Columbia University, citing what it described as antisemitic harassment on and near the school’s New York City campus.
The announcement was made jointly by the departments of Justice, Education, Health and Human Services, and the General Services Administration.
According to the statement, the funding cuts are part of a broader effort to address antisemitic incidents linked to the campus environment. However, officials declined to specify which grants and contracts were affected or to provide details on the evidence supporting the allegations. The cuts are expected to come from over $5 billion in grants currently committed to Columbia, much of which supports healthcare and scientific research.
“The cancellation of these taxpayer funds is our strongest signal yet that the Federal Government is not going to be party to an educational institution like Columbia that does not protect Jewish students and staff,” said Leo Terrell, who leads the Justice Department’s antisemitism task force.
The decision is likely to face legal challenges, with civil rights groups arguing that the contract cancellations lack due process and constitute unconstitutional punishment for protected political speech. The New York Civil Liberties Union, for instance, described the move as “unconstitutional and unprecedented” and warned that it could have a chilling effect on academic freedom.
Columbia University has been a focal point of a pro-Palestinian and anti-Israel protest movement in recent years. Student groups have, at times, seized control of academic buildings and set up encampments on campus, demanding that the university cease investments in companies supporting Israel’s military occupation of Palestinian territories. The school has maintained that it is committed to combating antisemitism and other forms of prejudice on its campus while also defending its free speech rights.
In response to the announcement, Columbia issued a statement asserting its commitment to fulfilling its legal obligations and stated that staff are working with the federal government to restore its federal funding. The university did not indicate which specific grants or contracts were impacted.
Critics, including pro-Israel advocacy groups like J Street and civil rights organizations, have expressed concern that the funding cuts may serve as a broader attack on academic institutions and could force schools to overcorrect by stifling political speech. The administration’s move follows a series of high-profile disputes over campus protests and the boundaries of acceptable political expression in academic settings.
Trump says the United States "don’t need people that join wars after we’ve already won," targeting his criticism at UK Prime Minister Keir Starmer. Israel continues to fire missles at strategic sites in Iran and Gulf regions report more strikes from Iran.
Baku has completed its evacuation of staff from the Azerbaijan Consulate General in Tabriz, while most employees from the Azerbaijan Embassy in Tehran have also returned.
Tehran’s Mehrabad Airport came under attack in heavy airstrikes on early Saturday morning (7 March), Iranian news agencies reported.
U.S. President Donald Trump threatened further attacks on Iran on Saturday (7 March), while the United Arab Emirates and Saudi Arabia continued to shoot down missiles in their airspace. Meanwhile, Iran’s President Masoud Pezeshkian said Tehran would stop attacking its neighbours.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
The Group of Seven (G7) finance ministers will meet on Monday to discuss a global rise in oil prices and a joint release of oil from emergency reserves coordinated by the International Energy Agency, the Financial Times reports.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 9th of March, covering the latest developments you need to know.
Global oil prices have surged past $110 a barrel this Monday as fresh U.S.-Israeli strikes hit multiple targets, including oil depots. Stock markets fell on fears the conflict with Iran could disrupt shipments through the Strait of Hormuz, raising concerns over global energy supply.
The U.S. embassy in Oslo was hit by a loud explosion early on Sunday (8 March), causing minor damage but no injuries, in what may have been a deliberate attack linked to the crisis in the Middle East, Norwegian police said.
Russian attacks on Ukraine’s second largest city in the early hours of Saturday (7 March) killed 10 people, including two children. Kharkiv mayor, Ihor Terekov, said 10 residents died after a Russian ballistic missile hit a five storey apartment block in the city.
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