U.S. posts $27 billion budget surplus in June amid rising customs revenue
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs colle...
Severe drought in Syria this year is threatening about 75% of local wheat crops, the UN’s Food and Agriculture Organization (FAO) warns, risking food shortages for millions.
Toni Ettel, FAO’s representative in Syria, told Reuters that the agency expects a wheat shortfall of 2.7 million tonnes this year — enough to feed 16.3 million people for a year.
For years, under President Bashar al-Assad, Syria relied on wheat imports from Russia to support bread subsidies during droughts. But after Assad was ousted, Moscow stopped wheat shipments, citing uncertainty about Syria’s new government.
Farmers like Asaad Ezzeldin in Aleppo have seen their crops fail due to lack of rain and irrigation. The agriculture sector is already weakened after 13 years of war and heavy bombing.
In a surprise move, U.S. President Donald Trump announced last week plans to lift all sanctions on Syria, with some relief expected soon. This could help Syria’s agriculture recover by allowing funds for irrigation and rebuilding infrastructure, Ettel said.
Following this move The EU has also officially announced the lifting of its broad economic sanctions on Syria, aiming to support the country’s reconstruction and recovery.
The removal of sanctions on Syria is seen as a turning point, offering hope for progress in key sectors like agriculture. With restrictions lifted, Syrian farmers may soon gain access to vital resources such as irrigation technology, fuel, and investment—essential for rebuilding after years of war and drought. While targeted sanctions tied to the Assad regime and security risks remain, the broader move signals international support for Syria’s recovery and political transition.
Syria’s new government has long pushed to remove sanctions that isolated its economy, making it heavily dependent on Russia and Iran.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
Norway could soon receive a major boost to its airborne defence, as Washington signals readiness to expand military cooperation through a new high-value arms deal.
A British man accused of running a $100 million fake wine loan scam pleaded not guilty in New York, denying claims that he sold investors a vintage collection that didn’t exist. The high-stakes fraud allegedly duped victims with promises of rare bottles and big returns.
The U.S. is set to support Lebanon’s military readiness with a $100 million deal to sustain A-29 Super Tucano aircraft, enhancing the Lebanese Armed Forces’ ability to uphold the recent ceasefire in southern Lebanon.
The U.S. unexpectedly recorded a $27 billion budget surplus in June, reversing last year’s deficit. This improvement reflects stronger customs collections and significant cuts in education spending amid ongoing fiscal challenges.
Cameroon prepares for presidential elections on October 12 amid rising political tensions and declared candidates challenging long-time leader Paul Biya’s rule.
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