Trump slams Fed over interest rates, says US should borrow at ‘1% or better’
U.S. President Donald Trump on Monday sharply criticised the Federal Reserve, claiming America should be paying ultra-low interest rates similar to Ja...
In its flagship 2025 Global Outlook report, released at the WFP's Rome headquarters, the agency said that at least 343 million people across 74 countries are currently facing acute food insecurity, marking a 10% increase compared to last year.
Some 16.9 billion U.S. dollars will be needed to help people in the world who need the most urgent humanitarian food assistance in 2025, the United Nations World Food Program (WFP) said on Friday 23 November.
In its flagship 2025 Global Outlook report, released at the WFP's Rome headquarters, the agency said that at least 343 million people across 74 countries are currently facing acute food insecurity, marking a 10% increase compared to last year.
The country contexts in which WFP operates are becoming more complex, making reaching people in need more difficult and costly, says the report.
The shortfalls in funding raised in 2024 have already forced the WFP to scale back its activities this year, often leaving some of the most vulnerable behind, according to the report.
The report projects that in 2025, approximately 16.9 billion U.S. dollars will be needed to provide assistance to 123 million people in hunger.
WFP Executive Director Cindy McCain stressed that global humanitarian needs are rising, fueled by devastating conflicts, more frequent climate disasters, and extensive economic turmoil, demanding financial and diplomatic support from the international community.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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