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25 stories off the wire

Singapore’s core inflation holds steady at 1.4% in May
19d ago

Singapore’s core inflation holds steady at 1.4% in May

Singapore's core inflation remained at 1.4% in May. Higher prices for food, retail, and other goods were balanced by a decrease in services inflation. The Monetary Authority of Singapore and the Ministry of Trade and Industry reported these figures. While there was higher food as well as retail and other goods inflation, these were mostly offset by lower services inflation, said the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI).

Yen hovers near 40-year low against dollar
19d ago

Yen hovers near 40-year low against dollar

The Japanese yen traded near a 40-year low against the US dollar. It briefly touched 161.93 per dollar, close to the 1996 record. A discussion between Japan's Finance Minister and the US Treasury Secretary helped the yen recover slightly. Japanese Finance Minister Satsuki Katayama's conversation with US Treasury Secretary Scott Bessent on Monday helped the yen recover from a low of 161.93 per dollar, just short of the 161.96 level last seen in December 1996.

China sanctions US defense, rare earth firms in retaliation
20d ago

China sanctions US defense, rare earth firms in retaliation

China banned government departments from buying products from 46 US defense contractors. It also blacklisted 10 American companies from receiving Chinese dual-use exports. The Ministry of Finance announced the procurement ban. This action is a response to recent US sanctions. China hit back at Washington on Monday with a sweeping two-pronged retaliation, barring government departments from buying products from 46 US defense contractors and blacklisting 10 American companies from receiving Chinese dual-use exports.

Taliban Smashes Smartphones As Restrictions Deepen In Afghanistan
21d ago

Taliban Smashes Smartphones As Restrictions Deepen In Afghanistan

The Taliban has started restricting smartphone use among government employees in Afghanistan. Enforcement is uneven across the country. The Taliban has begun restricting the use of smartphones by government employees, although the order appears to be unevenly enforced across the country. In some areas, civilians' mobile devices have reportedly been targeted as well, sparking concern that the ban may eventually extend nationwide.

What Indonesia’s finance chief really brought back from Beijing
21d ago

What Indonesia’s finance chief really brought back from Beijing

Finance Minister Purbaya Yudhi Sadewa secured Chinese support for Indonesia's first sovereign Panda Bond during his Beijing visit. Discussions also covered expanding yuan-rupiah currency cooperation. The trip aimed to deepen financial ties and bolster investor confidence in Indonesia. When Finance Minister Purbaya Yudhi Sadewa landed in Beijing last week, the official agenda appeared straightforward: secure support for Indonesia’s first sovereign Panda Bond, deepen financial cooperation with China and strengthen investor confidence.

Issues of War and Peace Gain Top Billing in Armenia’s Election
40d ago

Issues of War and Peace Gain Top Billing in Armenia’s Election

Armenia will hold its first general election since 2021 on June 7. Foreign policy has dominated the campaign, raising questions about Yerevan's future external relations. Armenians will head to the polls on 7 June for the country’s first general election since 2021. In this Q&A, Crisis Group expert Joshua Kucera explains why foreign policy has dominated the campaign and what the results may mean for Yerevan’s external relations.

Tiny Djibouti, and Its Prime Real Estate
38d ago

Tiny Djibouti, and Its Prime Real Estate

Djibouti's history, politics, and efforts to navigate regional turmoil are discussed. The nation seeks to manage shifting alliances in the Horn of Africa and Red Sea. This week on The Horn, Alan speaks with Samson Abebe Bezabeh, Assistant Professor of African Studies at the University of Hong Kong, about Djibouti’s history, politics and efforts to navigate turmoil and shifting alliances in the Horn of Africa and the Red Sea.

A New Player in the Quest for a U.S.-Iran Breakthrough
38d ago

A New Player in the Quest for a U.S.-Iran Breakthrough

Pakistan began conveying proposals to end the U. S.-Iran war after bombings started on February 28. Islamabad perceives high stakes, undertaking the mediator role despite associated risks. Soon after the U. S. and Israel began bombing Iran on 28 February, Pakistan started conveying proposals for ending the war. The mediator’s mantle comes with risks, but Islamabad feels the stakes are high enough that it has persevered at the task.

A Budget for Global Turmoil: Peace, Conflict and the EU’s Funding Plans
37d ago

A Budget for Global Turmoil: Peace, Conflict and the EU’s Funding Plans

The European Union's next seven-year budget may reduce spending on conflict prevention and aid to fragile states. Experts discuss the potential consequences of these funding plans. The European Union’s next seven-year budget could put spending on conflict prevention and aid to fragile states at risk. In this Q&A, Crisis Group experts Lisa Musiol and Dylan Macchiarini Crosson explain the potential consequences.

Rubio Heads To Gulf As US Seeks To Cement Iran Framework, Allay Security Fears
20d ago

Rubio Heads To Gulf As US Seeks To Cement Iran Framework, Allay Security Fears

US Secretary of State Marco Rubio is visiting the UAE, Kuwait, and Bahrain. The trip follows the signing of a US-Iran peace framework agreement and aims to address regional security concerns. US Secretary of State Marco Rubio will travel to the United Arab Emirates, Kuwait, and Bahrain this week on his first official visit to the Gulf since the outbreak of the Iran war and just days after Washington and Tehran signed a framework agreement aimed at bring peace to the region.

‘Better future for Syria remains within reach,’ UN Security Council hears
20d ago

‘Better future for Syria remains within reach,’ UN Security Council hears

UN officials reported clear signs of progress in Syria after over a decade of crisis, but noted acute needs remain. Syria has emerged after more than a decade of crisis with “clear signs of progress”, but acute needs remain and efforts must boost support so the country can “move from survival towards recovery”, UN officials told the Security Council on Monday.

Global Ebola cases top 1,000 as UN races to reach DR Congo’s most vulnerable
20d ago

Global Ebola cases top 1,000 as UN races to reach DR Congo’s most vulnerable

Global confirmed Ebola cases reached 1,000. As global confirmed Ebola cases reach 1,000, nearly three million children and adolescents are at risk in the eastern part of the Democratic Republic of the Congo (DRC), while efforts increase to treat prisoners near the epicentre of the current outbreak, UN agencies warned on Monday.

Pope Leo urges action on hunger, humanitarian strain deepens in Gaza, families return to Lebanon
20d ago

Pope Leo urges action on hunger, humanitarian strain deepens in Gaza, families return to Lebanon

Pope Leo visited the World Food Programme headquarters in Rome. He urged the international community to renew its commitment to tackling hunger and malnutrition. He described access to adequate food as a fundamental human right. The humanitarian strain deepens in Gaza. Families are returning to Lebanon. Pope Leo called on the international community to renew its commitment to tackling hunger and malnutrition, describing access to adequate food as a “fundamental human right” during a visit to the World Food Programme (WFP) headquarters in Rome on Monday.

World at ‘perilous moment’ as leaders warn HIV gains are at risk
20d ago

World at ‘perilous moment’ as leaders warn HIV gains are at risk

World leaders warned that progress against HIV is slowing due to financial pressures and shrinking support. Four decades after AIDS first emerged as a global crisis, world leaders, advocates and community representatives gathered at UN Headquarters on Monday issued a stark warning: progress against HIV is slowing just as financial pressures and shrinking support threaten to reverse decades of gains.

Why Gaza’s genocide death toll is deliberately undercounted
20d ago

Why Gaza’s genocide death toll is deliberately undercounted

The source claims mainstream media undercounts civilian deaths in Gaza. The mainstream media has no problem guesstimating the deaths (500,000) from the Assad dictatorship’s civil war in Syria, nor the estimated deaths in the wars in Ukraine, Sudan or Iran. Somehow, media editors do not let their investigative reporters assess the extent of Israel’s mass murder of civilians in Gaza.

Vance Cites 'Good Progress' On Roadmap Toward Reaching Final Iran Deal
20d ago

Vance Cites 'Good Progress' On Roadmap Toward Reaching Final Iran Deal

Pakistani and Qatari mediators announced on June 22 that the US and Iran Pakistani and Qatari mediators said on June 22 that US-Iran negotiations have concluded, with the two warring sides agreeing on a framework toward reaching a final peace deal within 60 days, including the guarantee of safe passage through the Strait of Hormuz and an end to fighting in Lebanon.

Trump Threatens To Hit Iran 'Very Hard' Over Hezbollah 'Proxies'
21d ago

Trump Threatens To Hit Iran 'Very Hard' Over Hezbollah 'Proxies'

Delegations from the United States, Iran, Qatar, and Pakistan gathered on June Delegations from the United States, Iran, Qatar and Pakistan began gathering on June 21 at the Lake Lucerne Summit, launching what could become the most consequential diplomatic effort yet to stabilize the Middle East after weeks of war. Delegations Gather For US-Iran Summit Amid Fragile Regional Truce. High-level talks have begun between US Vice President JD Vance and Iranian representatives at the Burgenstock resort in Switzerland, launching what could become the most consequential diplomatic effort yet to stabilize the Middle East after near four months of war.

Sweat, tears and camaraderie as 20,000 runners take on world’s largest ultramarathon
21d ago

Sweat, tears and camaraderie as 20,000 runners take on world’s largest ultramarathon

Twenty thousand runners competed in the Comrades race in South Africa. For one day every June, South Africa’s searing racial inequality seems to melt away at Comrades raceIn the early morning dark, thousands of runners waited, jostling with anticipation. South Africa’s national anthem rang out. Then the haunting swell of Shosholoza, first sung by Zimbabwean migrant workers in South Africa’s goldmines.

Moscow Tries To Muzzle Strike Footage After Ukrainian Drones Hit Oil Refinery
20d ago

Moscow Tries To Muzzle Strike Footage After Ukrainian Drones Hit Oil Refinery

Ukrainian drones hit Moscow's main oil refinery, prompting Russian media to downplay the impact and call for a crackdown on videos of the attack. After recent Ukrainian drone strikes on Moscow’s main oil refinery, Russian media are downplaying the impact of the dramatic attacks. As Current Time's Andrey Cherkasov explains, authorities and pro-Kremlin pundits are calling for a crackdown on people who post videos of burning ruins online.

Far-right millionaire wins Colombia’s razor-tight presidential election
20d ago

Far-right millionaire wins Colombia’s razor-tight presidential election

Far-right lawyer Abelardo de la Espriella won Colombia's presidential election. He narrowly defeated leftwing senator Iván Cepeda. De la Espriella is a supporter of Donald Trump. Leftwing opponent alleges vote count irregularities after Trump-endorsed lawyer Abelardo de la Espriella secures narrow majorityThe Trump-admiring far-right millionaire lawyer and self-styled “outsider” Abelardo de la Espriella has won Colombia’s presidential runoff, defeating the leftwing senator Iván Cepeda. With 99.99% of ballots counted in the preliminary vote tally, De la Espriella had secured.

For One 21-Year-Old New Zealander, War In Ukraine Means A Chance To 'Fight For Freedom'
22d ago

For One 21-Year-Old New Zealander, War In Ukraine Means A Chance To 'Fight For Freedom'

A 21-year-old New Zealander joined Ukrainian forces in early 2023. He travelled from Wellington to enlist after watching Russia's invasion unfold. He received training and now fights on the front lines. He stated his motivation was to "fight for freedom. A soldier who goes by the call sign Kiwi was still a teenager in Wellington, New Zealand, when he saw Russia's full-scale invasion of Ukraine on the news in February 2022.

Canadian healthcare staff decry ‘cruel hoax’ after scam email promises paid day off
20d ago

Canadian healthcare staff decry ‘cruel hoax’ after scam email promises paid day off

Healthcare workers in Newfoundland and Labrador received a scam email promising a paid day off. The email, titled "June Holiday," was part of a cybersecurity test. Unions called the message a "cruel hoax" and "insensitive" to staff already facing burnout. The incident highlights ongoing concerns about working conditions in the province's healthcare system. Unions condemn ‘insensitive’ internal cybersecurity test sent to healthcare workers in Newfoundland and LabradorFor years, healthcare staff in the Canadian province of Newfoundland and Labrador have felt overworked and underappreciated.

Election of far-right leader raises fears for democracy in Colombia
20d ago

Election of far-right leader raises fears for democracy in Colombia

Abelardo de la Espriella, a supporter of Donald Trump, was elected in Colombia. His rhetoric includes vows to eliminate the left and execute criminals. This election has raised concerns about the country's democracy. Trump-admiring Abelardo de la Espriella has vowed to ‘disembowel’ the left and kill criminals like ‘rats and cockroaches’When more than 20 women accused a Colombian evangelical pastor in 2012 of sexually abusing them, the defendant’s lawyer sought to discredit the allegations by telling the court that they were “trepadoras” – a pejorative term meaning social climbers. He ultimately secured his clie.

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