News in brief
The World Bank has approved a $400 million financing package to support Ethiopia’s efforts to provide clean and reliable electricity to nearly six million people. The funding is part of the Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) Program for Results (PforR), an......
The World Bank’s Board of Executive Directors has approved a second Development Policy Financing (DPF) operation for the Federal Republic of Somalia, amounting to $125 million. The grant will be provided by the International Development Association (IDA), the Bank’s fund for the world’s......
Israeli Prime Minister Benjamin Netanyahu is set to address the nation on Sunday regarding his controversial plan to seize control of Gaza City—a move approved by the security cabinet that has triggered fierce opposition both internally—from far-right coalition figures—and externally—from......
South Korea’s military has contracted by around 20% over the past six years, shrinking to approximately 450,000 active-duty personnel, according to a recent Defence Ministry report submitted to Democratic Party lawmaker Choo Mi‑ae . The decline stems from a 30% decrease in the number of 20‑year‑old......
During trade negotiations in Stockholm, the Chinese Foreign Ministry sharply rejected U.S. demands to halt purchases of Russian and Iranian oil, despite threats of imposing tariffs as high as 100%. Beijing emphasized that safeguarding its energy supply remains a matter of national sovereignty. China......
Ukrainian President Volodymyr Zelensky has firmly refused any territorial concessions to Russia as a condition for peace, ahead of the scheduled summit between U.S. President Donald Trump and Russian President Vladimir Putin in Alaska on August 15. This stance intensifies Kyiv’s concerns over......
The French government, led by Prime Minister François Bayrou, has announced a plan to save €2 to €2.5 billion annually between 2026 and 2029 through reforms to the unemployment insurance system. By 2030, the target is to achieve at least €4 billion in yearly savings, according to......
The Syrian government announced on Saturday that it will not participate in planned talks in Paris regarding the future integration of the country’s semi-autonomous Kurdish administration into the Syrian state. Damascus insists that any future negotiations must take place in the Syrian capital. This......
In the scenic town of Queenstown, New Zealand, Australian Prime Minister Anthony Albanese and his New Zealand counterpart Christopher Luxon met over the weekend to reinforce their countries’ historic partnership in a time of global instability. Despite the icy weather, their relationship appeared......
Ireland is facing a wave of racially motivated attacks that have unsettled immigrant communities, especially those of South Asian origin. In recent weeks, a series of violent incidents in both urban and rural areas have raised fears among immigrants and drawn attention from media abroad. In the Dublin......
Tensions continue to rise in Lebanon following the government's recent decision to disarm Hezbollah and all armed factions by the end of the year. On Saturday evening, multiple motorbike convoys were seen navigating the streets of Beirut’s southern suburbs, expressing their rejection of the......
The President of the European Council, Antonio Costa, strongly criticized Israel's plan for Gaza on Friday, warning that “such a decision” must have “consequences” for relations between the European Union and Israel. Costa, who leads the institution uniting the 27 heads of......
The Rwandan government has agreed to accept up to 250 migrants from the United States under a new deal with Washington, though specific details about who will be included remain unclear. This agreement follows previous deportations by the Trump administration to third countries, such as South Sudan......
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