Global food prices rise to highest level since 2023, UN Food Agency says
Global food commodity prices rose in July to their highest level since January 2023, driven by higher cereal, sugar and vegetable oil prices, accordin...
Monsoon rains arrived in Kerala on May 24—eight days earlier than usual—marking the earliest onset in 16 years and offering hope for stronger crop yields and heatwave relief.
India’s southwest monsoon hit Kerala’s coast on May 24, the earliest arrival since 2009. This early onset—eight days ahead of the usual June 1 timeline—could bring a much-needed boost to the agricultural sector and relief from extreme heat. The monsoon, vital to India’s $4 trillion economy, supplies nearly 70% of the country's annual rainfall and supports nearly half of its unirrigated farmland.
It has already reached parts of Tamil Nadu, Karnataka, and Mizoram, and is expected to spread to more regions in the next few days. Experts say the early arrival, combined with surplus pre-monsoon rain, may allow earlier sowing and increased yields of key crops like rice, corn, and soybeans. The India Meteorological Department predicts above-average rainfall this year, marking the second consecutive year of strong monsoon performance.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
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U.S. President Donald Trump said negotiations to reopen the Strait of Hormuz are progressing and suggested an agreement with Iran could be reached “soon”.
U.S. President Donald Trump may have to accept concessions he previously opposed if he wants to secure a deal with Iran to reopen the Strait of Hormuz, according to analysts, as negotiators move closer to a temporary agreement.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
Global food commodity prices rose in July to their highest level since January 2023, driven by higher cereal, sugar and vegetable oil prices, according to the UN Food and Agriculture Organization (FAO).
Ukrainian President Volodymyr Zelenskyy said Ukraine is increasingly penetrating Russia's air-defence network, as both sides stepped up overnight strikes on energy, logistics and port infrastructure.
Türkiye has started restricting commercial ship traffic into the Black Sea due to the government's increasing concern about a surge in Russian and Ukrainian attacks on ships, Bloomberg News has reported, citing unnamed sources.
Taiwan’s cabinet is set to propose a 16 per cent annual increase in defence spending for 2027, taking the total above T$1 trillion ($31 billion) for the first time, according to the official Central News Agency.
Spain checked around 200 travellers arriving from Italy on the first day of reintroduced border controls, following a dispute between the two countries over irregular migration.
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