Rich-poor Split Could Tighten 'Grip Of Poverty': World Bank Chief
The new head of the World Bank said Tuesday that growing divides between rich and poor nations risked deepening poverty in the developing world, at a meeting of G20 finance ministers in India.
UN Hands Over Ship For Oil Transfer From Rusting Yemen Tanker
The United Nations on Monday handed over a vessel that will take on board oil from a decaying tanker in the Red Sea off war-torn Yemen, an operation aimed at averting an environmental catastrophe.
Millions Will 'Pay The Price' Of Russia's Grain Deal Exit: UN Chief
UN Secretary General Antonio Guterres said Monday that millions of people facing hunger will "pay the price" of Russia's decision to exit the Ukraine grain deal.
Collapse Of Ukraine Grain Deal To Have Medium-term Impact
The collapse of the Black Sea export corridor, which allowed the export of more than 32 million tonnes of Ukrainian grain over the past year, should have little immediate impact but over the medium term create market tension and push up food prices.
Israel Recognises Moroccan Sovereignty Over Western Sahara
Israel has decided to "recognise Morocco's sovereignty" over the disputed Western Sahara region, the royal office in Rabat announced Monday, citing a letter from the Israeli prime minister.
Biden Agrees To Meet Netanyahu In US, Easing Lengthy Tensions
President Joe Biden agreed Monday to meet with Israeli Prime Minister Benjamin Netanyahu later this year in the United States but declined, amid months of tension, to specify if this would be at the White House.
Building Collapse In Egypt Capital Kills Eight
Eight people including seven members of one family were killed in Cairo on Monday when a residential building in Egypt's capital collapsed, the public prosecution and state media said.
Commonwealth Games In Limbo As Australia Pulls Out As 2026 Host
The Australian state of Victoria pulled out of hosting the 2026 Commonwealth Games on Tuesday citing major cost blow-outs, leaving organisers fuming as they scrambled to keep the multi-sport event afloat.
Asian Markets Drop As China Growth Worries Offset Fed Rate Hopes
Most Asian markets sank Tuesday as further weakness in China's economy fuelled worries about the effects on global growth, overshadowing optimism that the United States is winning its battle against inflation and could avoid a recession.
Sudan Army Returns To Talks In Saudi As War Enters Fourth Month
Sudanese army representatives have returned to Jeddah in Saudi Arabia for talks with their paramilitary foes, a government source said Saturday as the war between rival generals entered its fourth month.
Global Debt Dominates G20 Finance Talks
G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.
Scorching Heatwaves Set To Break Records Around The Globe
Unforgiving heat scorched parts of the Northern Hemisphere on Monday, triggering health warnings and fanning wildfires in the latest stark reminder of the effects of global warming.
Japan PM In UAE To Pitch Green Technology Ahead Of COP28
Japanese Prime Minister Fumio Kishida arrived in the UAE on Monday to discuss cooperation on clean hydrogen, ammonia and recycled carbon fuels ahead of this year's UN climate talks in Dubai. Kishida flew in from Saudi Arabia, where he met de facto leader Crown Prince Mohammed bin Salman on Sunday. After talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi, he will head to Qatar on Tuesday. Japan relies almost entirely on imports for its crude oil, with Saudi Arabia, the UAE and Qatar accounting for the bulk of its supplies.
Azerbaijan, Armenia Hold Talks, Russia Proposes Moscow Summit
Azerbaijan and Armenia held a fresh round of EU-mediated peace talks Saturday, while Russia offered a summit in Moscow in a bid to reassert its lead role in the normalisation process. Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan met in Brussels for talks aimed at resolving their decades-long conflict for the control of Armenian-populated Karabakh. European Council President Charles Michel, who mediated the discussions, said the exchanges were "frank, honest and substantive".
Musk Says Twitter Has Lost Half Its Advertising Revenue
Twitter has lost roughly half of its advertising revenue, according to owner Elon Musk, since he bought the social media platform for $44 billion last October.
Lebanon Economic Crisis Means More Work For Craftsmen
Among meandering alleyways in the historic market of Lebanon's southern city of Sidon, cobblers and menders are doing brisk business, as an economic crisis revives demand for once-fading trades.
Iraq Honey Production At The Mercy Of Heat And Drought
An oppressive heat beats down on the central Iraqi province of Babylon, where drought and rising temperatures are hitting bees and honey production hard.
Dangerous Heatwaves Strike Globe As Wildfires Rage
Scorching weather gripped three continents on Sunday, whipping up wildfires and threatening to topple temperature records as the dire consequences of global warming take shape.
Turkey Quake Survivors' Latest Menace -- Dust
The excavator tore into the remnants of the damaged building in southeast Turkey, bringing it crashing down into a cloud of dust -- the latest menace facing survivors of the deadly February quake that ravaged the region.
Yellen Says Ukraine Aid Is The Best Boost For Global Economy
Redoubling support for war-stricken Ukraine is the "single best" way to aid the global economy, US Treasury Secretary Janet Yellen said Sunday, along with boosting emerging economies and tackling debt distress.
Heavy Rains, Flooding Leave 37 Dead In South Korea
Rescuers battled on Sunday to reach people trapped in a flooded tunnel in South Korea, where at least 37 people have died and nine are missing after heavy rains caused flooding and landslides.
Fears Over Syria's Proposed Control On Aid To Rebel-held Areas
The Syrian government recently announced it would allow aid to cross into rebel-held areas after a United Nations mechanism expired, sparking concerns from humanitarian groups.
Kyiv Reports 'Intensified' Combat As Putin Says Counteroffensive Failing
Ukraine on Sunday said fighting had "intensified" on the eastern front as Russian President Vladimir Putin deemed Kyiv's counteroffensive a failure.
Russia Seizes Shares Of Danone And Carlsberg Subsidiaries: Decree
Russia took control of shares belonging to French agribusiness Danone and Danish brewer Carlsberg, according to a decree published on Sunday.
Alcaraz's 'Dream' Wimbledon Can Signal Changing Of The Guard
Carlos Alcaraz believes his "dream" Wimbledon triumph against Novak Djokovic can signal a changing of the guard in men's tennis.
Libya Border Guards Rescue Migrants In Desert Near Tunisia
Libyan border guards have rescued dozens of migrants who have been left in the desert by Tunisian authorities without water and food, and their numbers are "rising", an officer said Sunday.
Sudan Refugees Face Soaring Rent Prices In Cairo
Sudanese refugee Mohannad had only been in Cairo a few weeks when his landlady told him he would have to pay triple the rent if he wanted to keep his apartment.
Messi Hailed As 'America's Number 10' As He Greets Rapturous Miami Fans
It rained on his parade, but Lionel Messi greeted his new Inter Miami fans and was hailed by the club's owner as "America's number 10" at a damp but celebratory unveiling event on Sunday.
Ukraine Grain Deal In Peril, Fierce Fighting In The East
The clock was ticking down Monday on the deal that allows Ukraine to export its grain via the Black Sea, with the agreement set to expire at midnight Istanbul time (2100 GMT).
China's Economy Grew 6.3% On-year In Second Quarter
China's economy grew 6.3 percent year on year in the second quarter, a figure that belies the country's slowing post-pandemic recovery and one that analysts warn is inflated given the low base of comparison with lockdown-wracked 2022.