In neighbouring Chad, children make up 61 per cent of the 860,000 Sudanese refugees and a staggering 68 per cent of the 274,000 Chadian returnees – that’s over 700,000 young lives uprooted by violence. Chad, already one of the world’s poorest countries, has the fourth-highest child mortality rate in the world, despite significant progress in […]
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A six-year-old British boy has reportedly been caught up in a major international drug trafficking operation, after being detained alongside six adults at Mauritius’ main airport in connection with a £1.6 million cannabis smuggling plot. The group—comprised of six British nationals, one Romanian man, and the child—was stopped on Sunday at Sir Seewoosagur Ramgoolam International […]
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The Southeast Asian country has already raised close to $12 billion in thematic bonds, including blue bonds and Islamic investment instruments over the last seven years. These efforts have been supported by development partners, including the United Nations. Putut Hari Satyaka, is the Deputy Minister for Development Financing and Investment at Indonesia’s Ministry of National Development Planning […]
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Paris, 29 June 2025 – In a landmark meeting hosted by the Council of Europe Development Bank (CEB), the Heads of the world’s Multilateral Development Banks (MDBs) have pledged intensified joint action to tackle urgent global development challenges, committing to bold reforms and expanded impact. Amid increasing geopolitical and economic volatility, the Heads reaffirmed their […]
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France has offered to help make food distribution in Gaza safer, following mounting international outrage over the deaths of hundreds of civilians near aid centres in the war-torn territory. French Foreign Minister Jean-Noël Barrot said Paris—and Europe more broadly—“stands ready to contribute to the safety of food distribution” in Gaza. The proposal comes amid growing […]
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A relentless wave of natural disasters is hammering the Australian economy, compounding a global crisis that is far more costly than previously believed. New findings from the United Nations Office for Disaster Risk Reduction (UNDRR) reveal that global disaster-related losses are nearing US$2.3 trillion—more than 11 times earlier estimates. Financial losses from natural catastrophes have […]
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A wave of new bond exchange-traded funds (ETFs) is propelling a fresh surge of investment into China’s high-tech and artificial intelligence sectors, as money managers respond to a growing appetite for yield-bearing assets in the wake of deposit-rate cuts. Ten major Chinese asset managers—including E Fund Management, China Southern Asset Management, and Invesco Great Wall […]
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OMAHA, Neb. — 27 June 2025 — Billionaire investor Warren Buffett donated $6 billion worth of Berkshire Hathaway stock on Friday, marking his largest annual contribution since pledging to give away the majority of his fortune nearly 20 years ago. The donation includes approximately 13 million Class B shares of Berkshire Hathaway, distributed among five […]
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On Friday, Deputy Secretary-General Amina Mohammed launched a new report, Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing. She was joined by experts Mahmoud Mohieldin and Paolo Gentiloni, along with Rebeca Grynspan, Head of the UN Conference on Trade and Development (UNCTAD). A growing crisis “Borrowing is critical for development,” Ms. Mohammed said, […]
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June 28, 2025 – Atlanta, GA Nearly 400 flights were canceled at Hartsfield-Jackson Atlanta International Airport on Saturday following a night of severe weather that included strong thunderstorms and hail. According to data from FlightAware, one of the leading flight tracking platforms, both inbound and outbound flights were significantly affected, causing widespread disruptions to air […]
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