live Pakistan says U.S.-Iran MoU takes immediate effect
Pakistan announced Thursday that a landmark memorandum of understanding between the U.S. and Iran has entered into force with immediate effect, markin...
As the United Nations marks its 80th anniversary, it seeks efficiency improvements and budget cuts amid ongoing financial constraints.
UN Secretary-General António Guterres announced a renewed push to improve efficiency and reduce costs as the organization faces financial strains. He emphasized that the effort is unrelated to the U.S. government’s Department of Government Efficiency under President Donald Trump and Elon Musk.
“We are talking about completely different processes, methodologies, and objectives. This is a continuation and intensification of ongoing work,” Guterres said.
Financial Struggles and Reform Plans
The UN has faced a liquidity crisis for seven years due to delayed or incomplete payments from member states. The 2025 budget is $3.7 billion, but the U.S. owes $1.5 billion, and China now pays its dues later in the year. Only 75 out of 193 member states have fully paid their obligations.
To address the issue, Guterres formed the UN80 task force, led by Under-Secretary-General Guy Ryder, to focus on three key areas:
Efficiency Improvements – Identifying ways to optimize resources and streamline operations.
Mandate Review – Evaluating how well the UN is implementing directives from member states.
Structural Adjustments – Assessing potential long-term changes to improve effectiveness.
Global Uncertainty and UN's Role
Guterres acknowledged that financial challenges come amid growing global instability. He stressed that ensuring financial stability is crucial for the UN’s mission.
“The United Nations has never been more needed. Our values remain relevant, and the challenges are greater than ever,” he said.
The 80th anniversary serves as a moment for the UN to reassess its structure and financial sustainability while continuing its global efforts.
Donald Trump has said the U.S. will resume bombing Iran if Tehran doesn't "behave," at the sidelines of the G7 summit in France. Earlier, the U.S. President criticised Israel for its tactics against Hezbollah, saying it was unnecessary to bomb entire apartment buildings to tackle militants.
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to be made public and both countries said a permanent truce is yet to be negotiated.
Australia's weather bureau warned on Tuesday that an El Niño weather pattern has formed in the tropical Pacific and could intensify in the second half of 2026, becoming one of the strongest events recorded in seven decades.
Pakistan's heavy reliance on imported energy was laid bare by the U.S.-Iran conflict, which disrupted regional supplies, drove up costs and exposed vulnerabilities in the country's energy security. However, a proposed peace agreement now offers hope for economic relief.
A cyber extortion group has claimed it stole more than a terabyte of data from Danish pharmaceutical giant Novo Nordisk after the company allegedly refused to pay a $25 million ransom.
Brazilian President Luiz Inácio Lula da Silva has told U.S. President Donald Trump to "stay out" of Brazil's upcoming election, pushing back against comments made by the American leader about the country's political situation.
Russia and Ukraine exchanged new attacks overnight on Thursday. Missiles struck Kyiv while Ukrainian drones hit a major oil refinery in Moscow, just hours after Ukrainian President Volodymyr Zelenskyy held talks with U.S. President Donald Trump and European leaders on efforts to end the war.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 18 June, covering the latest developments you need to know.
UN Women chief Sima Bahous warned the United Nations Security Council on Wednesday that peace processes are more fragile and less effective when women are excluded from decision-making, as global conflict levels reach their highest point since the UN was founded.
Millions of people across 13 countries are expected to face worsening food insecurity between June and November 2026, according to a new report from the Food and Agriculture Organization (FAO) and the World Food Programme (WFP).
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