Financial contributions from migrants remain substantial, and remittances are projected to reach $905 billion, including $685 billion to low and middle-income countries, says the new World Migration Report. Restricting migration does not stop people from moving. It often pushes them into more dangerous...
A hantavirus-hit Dutch cruise ship is reportedly sailing to Spain's Canary Islands to medically evacuate two crew members to make sure that they receive urgent medical care. A third person who had contact with the diseased German passenger will also be evacuated, media reports say. Hantavirus victims...
A U.S.-led resolution to defend freedom of navigation in the Strait of Hormuz is set to be introduced for voting in UN Security Councilin the coming days. Secretary of State Marco Rubio said on Tuesday that at President Donald Trump's direction, the United States, alongside its Gulf partners Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar, drafted the resolution. The draft res
In an apparent response to President Donald Trump's move to suspend "Project Freedom" citing progress in diplomatic talks with Iran to end the Middle East war, oil prices fell sharply Wednesday. Brent crude fell below the $100 mark, and was trading below $98 a barrel after falling by nearly 11 percent while the US-traded WTI dropped by 11.42 percent to $90. Even this is 40 percent higher than th
President Donald Trump says he is suspending 'Project Freedom," an operation he announced to guide stranded ships through the Strait of Hormuz, citing progress in diplomatic talks with Iran to end the Middle East war. However, in announcing the pause on social media, Trump vowed to maintain the U.S. blockade of Iranian ports. He did not give any detail to substantiate his claims of progress in pe
The White House says the Trump Administration's Most-Favored-Nation (MFN) drug pricing policy framework to address the major differences in drug prices and contributions to the pharmaceutical innovation enterprise across developed countries is expected to generate $529 billion in domestic savings in the next 10 years across all markets. The Trump Administration has so far reached voluntary MFN pr
The European Union and Armenia held their first ever Summit in Yerevan, reinforcing cooperation in the areas of connectivity, security and defense, economic development and people-to-people contacts. European Commission President Ursula von der Leyen said: "This first EU-Armenia Summit elevates our...
US Secretary of State Marco Rubio will meet with Pope Leo this week. Announcing his visit, the State Department said Rubio will travel to Rome for a three-day tour beginning Wednesday to advance bilateral relations with Italy and the Vatican. Secretary Rubio will meet with Holy See leadership to discuss the situation in the Middle East and mutual interests in the Western Hemisphere, it added.
An outbreak of deadly hantavirus aboard a cruise ship in the Atlantic Ocean has triggered an international public health response. The World Health Organization said it is coordinating evacuations and risk assessments following the death of three people and multiple suspected infections on board ...
Amid claims and counter-claims of strikes and confrontations in the Strait of Hormuz between Iran and the United States, UN maritime officials continue to urge vessels to exercise "maximum caution". "We are aware of the reports but do not have further details. We continue to urge ships to practice...
The fragile ceasefire in the Middle East appears to have shaken as both the U.S., Iranian military fired shots in the Strait of Hormuz Monday. Iran claimed that it had hit a US naval vessel, preventing it from entering the Strait, but the US denied there had been any strike. U.S. military said guided-missile destroyers, more than 100 land and sea-based aircraft, multi-domain unmanned platforms,
A new UNESCO report marking World Press Freedom Day highlights a sustained global decline in freedom of expression, alongside rising pressure on journalists and media institutions. The UN agency's World Trends in Freedom of Expression report, covering the period from January 2022 to November 2025,...
Three people have died and three others are ill following suspected cases of hantavirus infection on a cruise ship in the Atlantic, the World Health Organization reported. WHO noted that one case of the rodent-borne disease has been confirmed so far and there are five additional suspected cases. WHO...
Ukraine carried out multiple counter attacks on Russian targets Sunday after deadly Russian air raids on Ukrainian cities. At least 10 people were reportedly killed and dozens of others injured in Russian drone and missile attacks in Kherson, Odesa, Donetsk, Zaporizhzhia and Sumy at the weekend. A high-rise residential complex in Moscow was hit in a rare overnight Ukrainian drone attack in the h
Iran has warned of serious consequences to US military's plan to guide stranded ships through the Strait of Hormuz. Major General Ali Abdollahi, the head of Iran's central command, warned, "Any foreign armed force, especially, the aggressive US army," which tries to enter the Strait, will be attacked. "Any American interference" in the vital trade route would be "considered a violation of the c
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.