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Red Cross Federation Chief Stepping Down

The head of the Red Cross federation, the world's largest humanitarian network, is stepping down, a spokesman confirmed Thursday, following a row in Italy surrounding the Rome Pride event.

60 Bn Euros Pledged To Help Ukraine Rebuild

Foreign donors have pledged 60 billion euros ($66 billion) of new financial support for Ukraine, the UK said Thursday, as an international conference aimed at funding the war-ravaged country's reconstruction closed.

Titan Sub: What Is A 'Catastrophic Implosion'?

A "catastrophic implosion," such as that believed to have destroyed the Titan submersible, would have happened with incredible force and speed given the crushing water pressure on the floor of the ocean.

Turkey Hikes Interest Rate In Erdogan Policy U-turn

Turkey on Thursday pivoted away from years of unconventional economics promoted by President Recep Tayyip Erdogan as the central bank nearly doubled its key interest rate to fight inflation and steady the troubled lira.

Iran Top Diplomat In Kuwait On Third Leg Of Gulf Tour

Iran's top diplomat arrived in Kuwait Wednesday, the third leg of a Gulf tour that saw him hold "constructive" talks with his Omani counterpart in Muscat earlier in the day. It came a day after Tehran held discussions in Doha on its nuclear programme with Qatari and European Union officials, the latest in a flurry of diplomatic moves by the Islamic republic as it seeks to reduce its isolation, improve its economy and project strength.

Paris Climate Summit Seeks Global Finance Reform

Dozens of global leaders will gather in Paris Thursday for a summit to tease out a new consensus on international economic reforms to help debt-burdened developing countries face a growing onslaught of challenges, particularly climate change.

How Climate Change Fuels Extreme Heat

Heatwaves across Asia and beyond have already broken records this year, while the arrival of the El Nino climate phenomenon will mean even more extreme temperatures.

Turkey Set To Pivot To Orthodoxy With Rate Hike

Turkey was widely expected Thursday to pivot away from years of unconventional economics promoted by President Recep Tayyip Erdogan and dramatically raise interest rates to fight inflation and steady the troubled lira.

Spat At UN Rights Council Over Open-ended Israel Probe

The United States, on behalf of 27 countries, condemned Tuesday the open-ended nature of the UN investigation into alleged human rights violations in the Israeli-Palestinian conflict, and the "disproportionate" attention on Israel.

Search For Missing Titanic Sub Like 'Going Into Space'

Rescuers trying to find the orca-sized submersible that vanished on its way to visit the wreck of the Titanic are facing a gargantuan task that will test the limits of technical know-how -- with only a very slight chance of success, experts say.

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