Attacks on ships in the Red Sea are disrupting global trade, impact predicted to last many months
The threat grows considerably the longer the war in Gaza drags on. Disruption to Red Sea trade lasting a year could surge goods inflation by up to 2%, Petersen says, piling on pain while the world already struggles with higher prices for groceries, rent and more. That also could mean even higher interest rates, which have weakened economies.
Ukraine says corrupt officials stole $40 million for arms purchase for the war with Russia
Security officials say that the current investigation dates back to August 2022, when officials signed a contract for artillery shells worth 1.5 billion hryvnias ($39.6 million) with arms firm Lviv Arsenal.
UN to consider criminal action against Palestinian agency workers, tells donors not to pause funding
Since the October 7 attacks, which killed 1,200 people in Israel, most of Gaza’s 2.3 million people have become reliant on the aid UNRWA provides, including about one million who have fled Israeli bombardments sheltering in its facilities.
Senior Biden official reveals US-engineered deal to pause war and free Israeli hostages is near
Israel Prime Minister Benjamin Netanyahu has repeatedly vowed to continue the offensive until complete victory over Hamas is achieved. Netanyahu has faced increasing pressure from the families of many hostages who are demanding a deal to win their loved ones’ release.
Africa Cup of Nations: Nigeria looks inspired after winger Lookman put two past Cameroon
Nigeria also had the ball in the net after nine minutes but it was ruled out after a VAR check. Central defender Semi Ojayi was deemed to be offside before snapping up a rebound from close range after Ondoa twice attempted to punch clear from a corner.
