Oil prices hit four year high: Latest news on the Middle East conflict on 9 March
Global oil prices reached a four year high on Monday (9 March), surpassing $...
China announced a $500 million contribution to the WHO over five years, stepping in as the UN agency faces a funding shortfall after the U.S. cut support.
China will provide an additional $500 million to the World Health Organization (WHO) over the next five years, Chinese Vice Premier Liu Guozhong announced at the World Health Assembly in Geneva. The pledge comes as the UN health agency grapples with a budget crisis following the expected withdrawal of U.S. funding under the Trump administration.
"The world is now facing the impacts of unilateralism and power politics bringing major challenges to global health security," Liu said. "Multilateralism is a sure pass to addressing difficulties."
China’s commitment is expected to elevate it to the position of the WHO’s top state donor, replacing the United States, which has historically been the largest single contributor.
In response to its financial difficulties, the WHO has proposed a 21% reduction in its 2026–2027 budget, lowering it to $4.2 billion. The World Health Assembly is set to approve a new funding model that includes a 20% increase in mandatory membership fees from countries.
It remains unclear whether China's $500 million pledge includes its increased assessed contribution or is in addition to it. Nonetheless, the announcement was welcomed as a stabilizing gesture at a time when the WHO is seeking to preserve core programs in global health.
The WHO has emphasized the importance of predictable, long-term funding to maintain readiness for health emergencies and support health systems worldwide. China's new commitment is expected to play a critical role in filling the gap left by reduced U.S. contributions.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
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.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Entry and exit across the state border between Azerbaijan and Iran for all types of cargo vehicles, including those in transit, will resume on 9 March, according to a statement by the Cabinet of Ministers of Azerbaijan.
U.S. President Donald Trump and UK Prime Minister Keir Starmer spoke by phone on Sunday as tensions between Washington and Westminster deepened over the conflict involving Iran. The call came less than a day after Trump criticised Britain’s response to U.S. strikes on Iranian targets.
Norwegian police are searching for a suspect after an explosion at the U.S. embassy in Oslo on 8 March caused minor damage but no injuries, in what authorities say may have been a deliberate attack linked to the Middle East crisis.
An explosion damaged a synagogue in the Belgian city of Liège early on Monday (9 March) in what authorities said was an antisemitic attack that caused damage but no injuries.
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.
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