Myanmar: Military strikes persist amid earthquake response efforts

This article is published in association with United Nations. Military operations continue in Myanmar despite ceasefires declared after the recent earthquake that killed more than 3,600 people, the UN human rights office, OHCHR, said on Friday.  “At a moment when the sole focus should be on ensuring humanitarian aid gets to disaster zones, the military is […]

Sudan war: ‘Darkest chapters’ ahead as Darfur massacre claims over 100 lives

This article is published in association with United Nations. As Sudan’s devastating war enters its third year, UN rights investigators are warning that its “darkest chapters” may still lie ahead, following the massacre of more than 100 people at displacement camps in Darfur over the weekend. The latest attacks, which began on 11 April, saw Rapid […]

World News in Brief: Gaza aid crisis worsens, South Sudan clashes, Ecuador oil spill update

This article is published in association with United Nations. The humanitarian situation in Gaza is now likely the worst it has been in the 18 months since the outbreak of hostilities, the UN relief coordination office, OCHA, reported on Monday.   “It has now been a month and a half since any supplies were last allowed through […]

Emerging Markets Face a Perfect Storm 

This article is published in association with IMF. Kanan Mammadov Emerging economies are bracing for what could become a new sovereign debt crisis. Developing countries are set to pay a record $400 billion in external debt service in 2024 (World Economic Forum), a burden that threatens to divert resources from crucial development needs. From 2020 to 2023, there were 15 […]

How Rising Geopolitical Risks Weigh on Asset Prices 

This article is published in association with IMF. Salih Fendoglu, Mahvash S. Qureshi, Felix Suntheim Heightened tensions can hurt stock markets, raise government borrowing costs, and pose risks to financial stability Global geopolitical risks remain elevated, raising concerns about their potential impact on economic and financial stability. Shocks such as wars, diplomatic tensions, or terrorism can disrupt cross-border trade […]

Israeli attack puts Gaza City hospital out of service

This article is published in association with United Nations. A Gaza City hospital has been put out of action by an Israeli strike at the weekend, while a child patient with reported head trauma died while being evacuated, the UN World Health Organization (WHO) said on Monday. “Al Ahli Hospital is out of service,” WHO spokesperson Dr Margaret […]

Kosovo receives €500 000 grant from EIB Global to revamp the Palace of Youth and Sports in Prishtina

This article is published in association with European Investment Bank. Thanks to a €500 000 cooperation agreement signed between the European Investment Bank (EIB Global), Republic of Kosovo*’s Ministry of Culture, Youth and Sport and the Local Public Enterprise “Pallati i Rinisë”, the EU bank will provide technical assistance for the reconstruction, conservation and restauration of the […]

Spain: EIB and Iberdrola sign two loans totalling €108 million for investments in energy storage infrastructure in Extremadura

This article is published in association with European Investment Bank. The European Investment Bank (EIB) has signed two green loans with Iberdrola totalling €108 million – a €50 million loan using own funds and a €58 million loan with funds from the Regional Resilience Fund (FRA). The operation aims to improve the pumping capacity of the Valdecañas hydroelectric complex, […]

EIB Group approves new financing for European security, transport, energy, water and deep-tech as well as support for Ukrainian firms

This article is brought to you in association with the European Parliament.This article is published in association with European Investment Bank. The Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF), meeting this week, approved new financing to support economic prosperity and resilience, boost innovation and EU’s strategic autonomy in new technologies, and deepen global partnership. “The EIB Group is responding […]

Thousands of Gaza patients waiting for urgent medical evacuation

This article is published in association with United Nations. The Israeli bombardment of Al-Ahli, a Gaza City hospital, has put even more pressure on the remaining health facilities in the occupied Palestinian territory, where the delivery of aid and movement of humanitarian workers is highly restricted by the Israeli authorities. On Monday, World Health Organisation (WHO) […]

Countries reach historic deal to cut shipping emissions

This article is published in association with United Nations. After years of intense negotiations, countries on Friday reached a landmark deal to cut greenhouse gas emissions from global shipping, setting mandatory fuel standards and introducing an industry-wide carbon pricing mechanism. The framework – agreed during the just-concluded meeting of the UN International Maritime Organization (IMO) Marine Environment Protection Committee – aims for […]

Commission approves preliminary assessment of Belgium’s €909 million second payment request under the Recovery and Resilience Facility

Commission proposes to support over 250 dismissed workers in Belgium with €1.6 millionThis article is brought to you in association with the European Commission. Today, the Commission has endorsed a positive preliminary assessment of Belgium’s second payment request for €909 million under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU. After reviewing the payment request submitted on 25 July 2024, the Commission has initially determined that Belgium has successfully […]

EU boosts humanitarian aid for Greater Horn of Africa and West and Central Africa

This article is brought to you in association with the European Commission. People affected by humanitarian crises in the Greater Horn of Africa and in West and Central Africa will receive €258 million in EU humanitarian aid from the Commission to address their urgent needs. In the Greater Horn of Africa, €107.5 million will be used […]

Commission announces multiannual programme for Palestinian recovery and resilience worth up to €1.6 billion

This article is brought to you in association with the European Commission. Today, at the occasion of the first ever High-Level Political Dialogue between the European Union and the Palestinian Authority, the Commission is proposing a multiannual Comprehensive Support Programme worth up to €1.6 billion, to foster Palestinian recovery and resilience. With this Programme, the EU reiterates its […]

EU pauses countermeasures against US tariffs to allow space for negotiations

This article is brought to you in association with the European Commission. The European Union has paused its countermeasures on unjustified US trade tariffs to allow time and space for EU-US negotiations.  The pause was first announced by EU Commission President Ursula von der Leyen last week, and takes legal effect tomorrow.  The decision – which puts on […]

Landmark agreement towards achieving net-zero emissions from global shipping by 2050

Sweden: EIB invests €77,5 million to deepen Port of Gothenburg for next-generation shipsThis article is brought to you in association with the European Commission. The European Commission welcomes today’s agreement at the International Maritime Organisation (IMO), as a meaningful step towards achieving net-zero greenhouse gas (GHG) emissions from global shipping by 2050. This is a historic deal in the fight against climate change, marking a significant advancement in reducing the environmental impact […]

US tariffs move could see three per cent fall in global trade, says top UN economist

This article is published in association with United Nations. Global trade could shrink by three per cent as a result of the United States’ new tariff measures which in the longer term could reshape and boost as-yet untapped regional commercial links, a top UN economist confirmed on Friday. “There will be shifting, I think, in supply […]

AXIAN Telecom receives US$ 100 million investment from EIB Global for mobile broadband network expansion in Madagascar and Tanzania

This article is published in association with European Investment Bank. The European Investment Bank (EIB Global) today announced a financing package of US$ 100 million to AXIAN Telecom to support the expansion of its mobile broadband network infrastructure across Madagascar and Tanzania. The project will expand 4G mobile broadband network infrastructure across the two countries as well as […]

Syria’s political transition at risk due to Israeli military action, Security Council hears

This article is published in association with United Nations. Recent military actions by Israel are undermining Syria’s political transition and the chances of a new security pact between the two countries, a senior UN official told the Security Council on Thursday.  “Syria’s opportunity to stabilise after 14 years of conflict must be supported and protected, for […]

Sudan faces unprecedented hunger and displacement as war enters third year

This article is published in association with United Nations. The conflict in Sudan has become one of the worst humanitarian crises of the 21st century, leaving millions of women, children and displaced families suffering from violence, food insecurity and the collapse of essential services. As the war enters its third year, UN humanitarians warn that immediate […]

Moving towards healthier soils in Europe

This article is brought to you in association with the European Commission.This article is brought to you in association with the European Commission. The Commission welcomes the provisional political agreement reached today between the European Parliament and the Council on the Commission’s proposal for a Soil Monitoring and Resilience Directive. The Soil Monitoring Law will put the EU on a pathway to healthy soils for the benefit […]

EU and UAE agree to launch free trade talks

This article is brought to you in association with the European Commission. Today, President von der Leyen held a cordial phone call with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates. During their discussion, they agreed to launch negotiations on a free trade agreement. This marks a positive step forward […]

Statement by President von der Leyen on US tariffs

This article is published in association with United Nations.This article is brought to you in association with the European Commission. I welcome President Trump’s announcement to pause reciprocal tariffs. It’s an important step towards stabilising the global economy. Clear, predictable conditions are essential for trade and supply chains to function. Tariffs are taxes that only hurt businesses and consumers. That’s why I’ve consistently advocated […]

Spare developing countries from new US tariffs: UN trade chief

This article is published in association with United Nations. As governments and global markets struggle to deal with the deep concerns and disruptions caused by volatility overtrade tariffs, Rebeca Grynspan, the head of the UN trade and development agency (UNCTAD), told UN News on Thursday that the poorest countries – whose activities have a negligible effect […]

Toy safety: deal on new measures to protect children’s health

This article is brought to you in association with the European Parliament. The agreed draft legislation comes in response to a number of emerging challenges, such as risks relating to digital toys and the surge in online shopping. On Thursday evening, Parliament and Council negotiators reached a provisional agreement on new EU toy safety rules to […]

Bombardment, deprivation and displacement continue in Gaza

This article is published in association with United Nations. Hostilities across the Gaza Strip continue to take a devastating toll on the population, with daily reports of Israeli strikes killing and injuring many civilians, UN aid coordination office OCHA said on Thursday.  OCHA said dozens of people, including at least eight children, were killed in Gaza City […]

Albania: €90 million EU financial package for Durrës – Rrogozhina railway upgrade

This article is published in association with European Investment Bank.This article is published in association with European Investment Bank. During High Representative for Foreign Affairs and Security Policy and European Commission Vice-President Kaja Kallas’ official visit to Albania, an EU financial package worth €90.5 million for the reconstruction of the Durrës – Rrogozhina railway section was signed by the European Investment Bank (EIB Global) and the […]

EBRD and UniCredit sign their first synthetic securitisation in Romania

This article is published in association with European Investment Bank. The European Bank for Reconstruction and Development (EBRD) is advancing the broader use of innovative financial instruments in Romania by signing a synthetic securitisation deal with UniCredit Bank S.A. (UniCredit Bank). It is the EBRD’s first capital relief transaction in Romania and UniCredit Bank’s first synthetic […]

Netherlands: EIB Group and ABN AMRO to make over €1 billion available for Dutch businesses

Commission greenlights Netherlands' third payment request for €551 million under NextGenerationEUThis article is published in association with European Investment Bank. EIB Group and ABN AMRO sign synthetic securitisation agreement, enabling €1.2 billion in new lending for Dutch businesses, part of the new funding is earmarked for sustainable SMEs. ABN AMRO Bank has entered into a risk sharing agreement with the EIB Group – consisting of the […]

World News in Brief: East Jerusalem schools told to close, Guterres saddened by Santo Domingo deaths, DR Congo and Haiti updates

This article is published in association with United Nations. Six schools run by the UN Palestine refugee agency (UNRWA) in East Jerusalem have been issued “illegal closure orders” after being forcibly entered by Israeli security forces, according to the agency’s head Philippe Lazzarini. The schools were told they must close within 30 days. Mr. Lazzarini said […]

MEPs and Ukrainian parliamentarians discuss shaping a common European future

This article is brought to you in association with the European Parliament. Meeting on Tuesday, leading members of the European Parliament and of the Ukrainian Verkhovna Rada signalled their strong support for Ukraine’s EU accession process. At their second meeting, held remotely on Tuesday, European Parliament and Verkhovna Rada parliamentary committee chairs, MEPs and Ukrainian parliamentarians […]

Soil monitoring: deal with Council on new EU law with better support for farmers

This article is brought to you in association with the European Parliament. The informal agreement between EU co-legislators will ensure soil is monitored in all EU countries and farmers get better support to improve soil health. On Wednesday evening, Parliament and Council negotiators reached a provisional political agreement on the Commission’s proposal for a soil monitoring […]

Commission sets course for Europe’s AI leadership with an ambitious AI Continent Action Plan

This article is published in association with European Investment Bank.This article is brought to you in association with the European Commission. To become a global leader in artificial intelligence (AI) is the objective of the AI Continent Action Plan launched today. As set out by President von der Leyen at the AI Action Summit in February 2025 in Paris, this ambitious initiative is set to […]
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