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McLaren's Australian driver Oscar Piastri won the Spanish Grand Prix, marking his fifth victory of the 2025 Formula 1 season.
UNICEF projects 20% drop in 2026 funding after US cuts
Reuters
UNICEF expects its 2026 budget to shrink by at least 20% compared to 2024, as global humanitarian funding faces steep cuts following aid reductions by U.S. President Donald Trump’s administration.
The United Nations Children’s Fund (UNICEF) had a budget of $8.9 billion in 2024 and estimates a slightly lower figure of $8.5 billion for 2025. However, the agency anticipates a significant drop in 2026, projecting a reduction of at least 20%, a spokesperson confirmed on Tuesday.
“The last few weeks have made clear that humanitarian and development organizations around the world, including many U.N. organizations, are in the midst of a global funding crisis. UNICEF has not been spared,” the spokesperson said.
Although UNICEF did not directly name the United States, Washington has historically been one of its largest donors. The projected decline follows President Trump’s recent move to slash international aid budgets, impacting numerous multilateral humanitarian programs.
UNICEF's projected funding shortfall could affect vital services for children worldwide, including immunizations, education initiatives, emergency relief, and nutrition programs. The organization is currently exploring alternative funding sources and urging the global community to step up support to prevent setbacks in child welfare and development goals.
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19 confirmed dead, 6 missing after quarry collapse in Indonesia's West Java
The death toll from a quarry collapse in Indonesia’s West Java province rose to 19, with six people still missing, officials said on Sunday.
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Ukraine’s peace proposal sets terms for ceasefire, security guarantees, and territorial talks
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U.S. expects Trump-Xi call to resolve mineral dispute amid trade tensions
U.S. Treasury Secretary Bessent said on Sunday that he expects President Donald Trump and Chinese President Xi Jinping to speak soon in an effort to resolve a growing dispute over critical minerals.
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Moscow within range if Germany sends Taurus missiles to Ukraine, raising stakes in war
As Germany considers providing long-range Taurus missiles to Ukraine, military experts warn the move could enable Kyiv to strike targets deep inside Russian territory, including Moscow — a shift that could escalate tensions and draw NATO closer to direct confrontation.
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