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Updated 2026-05-13 16:30
The IMF won’t let Venezuela access its share of new SDRs
Venezuela in theory would be among the biggest recipients of $650bn in SDR aid the IMF is planning to give to countries.
Russia to expel 10 US diplomats in response to US sanctions
Moscow says it will also place eight US officials on a sanctions list and restrict US NGO activity in Russia.
Biden, Suga meet at White House, Taiwan statement expected
Suga is the first foreign leader to visit the US since Biden took office, underscoring US emphasis on the Indo-Pacific.
For Erodgan’s Istanbul Canal project, critics see few winners
The controversial canal would be the jewel in the crown of megaprojects launched under the Turkish president's watch.
Raul Castro to step down as head of Cuba’s Communist party
Move marks the first time in 62 years that Cuba will not have a leader that is named Castro.
Indianapolis shooting: Families await news, investigation ongoing
Law enforcement says too early to assign motive in the shooting that killed at least eight people.
Crypto watershed, Amtrak Joe, China GDP and a $1.36m pixel
We gather the numbers to know from the week’s biggest economic news stories so you can impress your friends.
Biden administration to invest $1.7bn to fight COVID-19 variants
Money will go to genomic sequencing, research centres for genomic epidemiology and a national bioinformatics network.
Ukraine may seek nuclear weapons if left out of NATO: Diplomat
Kyiv's ambassador to Germany calls on the transatlantic security alliance to grant Ukraine long-sought membership.
J&J pitched vaccine makers industrywide probe on blood clots: WSJ
Only AstraZeneca accepted Johnson & Johnson’s pitch, while Pfizer and Moderna declined, sources told the WSJ.
Russia to close parts of Black Sea near Crimea for six months
Ukraine and the EU condemn Russia's decision to restrict the navigation of foreign military and official ships.
US slaps visa bans on Ugandans linked to disputed polls
Secretary of State Antony Blinken says Uganda's election process was 'neither free nor fair'.
Armenia’s PM faced mass protests. Why is he still leading polls?
While blamed for defeat in the Nagorno-Karabakh conflict, Pashinyan has mended ties with Putin and could regain trust.
Turkey bans crypto payments and Bitcoin feels the pain
Bitcoin fell more than 4% after Turkey's central bank banned the use of cryptocurrencies to pay for goods and services.
South Africa is putting profit before Yemeni lives
The South African state has abandoned its commitment to human rights to profit from weapons deals.
Tens of thousands flee attacks on northeast Nigerian town: UN
UN says tens of thousands have fled a series of attacks this week by an armed group on the town of Damasak, Borno state.
Most Cyprus passports issued in investment scheme were ‘illegal’
Between 2013 and 2019, probe finds that thousands of passports issued to rich foreigners were handed out illegally.
At least 21 people die after boat sinks off Tunisia
Officials say search operation ongoing after boat, that left Tunisia on Thursday, sank on the way to Lampedusa.
Thousands of Palestinians attend Friday prayers at al-Aqsa mosque
Thousands of Palestinians offer prayers on the first Friday of Ramadan at Al-Aqsa mosque compound in East Jerusalem.
US-funded broadcaster asks European court to block Russian fines
Moscow has moved to penalise Radio Free Europe/Radio Liberty for failing to label its reports with 'foreign agent' tag.
Pakistan cabinet shake-up sees 4th finance minister in two years
Prime Minister Imran Khan shakes up his economic team in his sixth cabinet reshuffle since assuming power in 2018.
Pakistan police file ‘blasphemy’ case against feminist marchers
Organisers of the annual Aurat Aazdi march on International Women's Day condemn allegations as 'baseless and false'.
US senators call on Biden to back COVID vaccine patent waiver
Relaxing intellectual property rules would allow more countries to quickly manufacture vaccines, proponents argue.
Prince Philip’s car is now a Sri Lankan royal artefact
The Duke of Edinburgh was a car aficionado who bought the 1935 Standard Nine for 12 pounds when he was based in Colombo.
India’s COVID vaccine maker urges Biden to lift exports embargo
Serum Institute of India, world's biggest vaccine maker, says US embargo on export of raw materials hurting production.
The climate crisis: Is capitalism the problem?
Author Naomi Klein and politician Kshama Sawant discuss why global mass movements are key to tackling climate change.
Germany’s Merkel pushes for widening of powers as COVID surges
Chancellor Merkel says gov't must be able to impose 'emergency brake' restrictions on regions with high infection rates.
Iran starts enriching uranium at 60%, its highest level ever
Announcement is likely to raise tensions as Iran negotiates with world powers to revive the 2015 nuclear agreement.
Reckoning with Foucault’s alleged sexual abuse of boys in Tunisia
We need to address the reports about the French philosopher's predatory behaviour in Tunisia.
Pakistan temporarily blocks social media over potential protests
Government orders hours-long shutdown of social media and instant messaging platforms after days of violent protests.
What are the Benin bronzes, and why are they so controversial?
In 1897, British soldiers looted the sculptures, which now remain in Western museums and collections.
Opponents of Myanmar coup announce unity government
Win Myint designated as president, deposed leader Aung San Suu Kyi named as state counsellor.
India: Vaccine exclusion fears over digital ID, face recognition
Millions at risk of missing vaccines as Indian state pilots facial recognition technology at inoculation centres.
US-China tech decoupling: IMF warns of global GDP crunch
Technological fragmentation could lead to losses of about 5 percent of global GDP, IMF research shows.
From Germany to Ireland, a fresh push to return the Benin bronzes
As a decolonisation movement sweeps across Europe, there are efforts to return art looted by British soldiers in 1897.
Israeli army says it targeted ‘Hamas military sites’ in Gaza
Israel claims it targeted 'weapons manufacturing site', while Palestinian media say agricultural lands also attacked.
Turkey’s Erdogan, Pakistani PM talk before Afghan peace summit
Imran Khan reaffirms Islamabad's commitment to Afghan peace process before key talks in Turkey later this month.
Brexit pain for UK financial hub is just beginning: Study
About 7,400 jobs and $1.4 trillion in assets have moved or could move to EU from London, New Financial study finds.
Pfizer CEO: Third vaccine dose ‘likely’ needed within 12 months
Researchers currently do not know how long vaccines provide protection against the coronavirus.
California student body demands ban on caste-based discrimination
'Historic' California State University student association resolution wants caste added to anti-discrimination policy.
Duterte urged to confront Chinese ‘bullying’ in South China Sea
Manila urged to shore up its exclusive economic zone in the South China Sea by building structures within its waters.
Indianapolis: At least eight dead in shooting at FedEx site
Police say gunman killed himself after shooting in which several others were wounded.
China posts record economic growth after plunge 12 months ago
But quarterly comparison shows slowing momentum, with analysts forecasting levelling off in construction and exports.
India reports another record daily rise in COVID infections
India reports 217,353 cases over the last 24 hours - the eighth record daily increase in nine days.
Veteran Hong Kong democracy politicians in court for sentencing
Group faces as many as five years in prison over 'illegal assembly' charges stemming from protests in August 2019.
Lula clear to take on Bolsonaro as Brazil court upholds ruling
The next presidential election is set for October 2022 and the devastating toll of COVID-19 is likely to be a key issue.
Canada-US asylum seeker agreement upheld by court
Appeals court sides with the Canadian government, which is defending the agreement to turn back asylum seekers.
Reparations for US slave descendants gains momentum
Congress is considering a commission to study impact of slavery and racism and to recommend potential compensation.
Chicago releases video of officer shooting 13-year-old Latino boy
Video shows Adam Toledo raise his hands before officer fires one shot; police say a gun was recovered from the scene.
Dow breaks past 34,000, S&P 500 hits week’s second record high
It was the second time this week the S&P 500 registered a new best close and the Dow surpassed its previous closing.
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