World

Global events and international developments affecting markets.

Reporting on international affairs, geopolitical developments, and global economic trends. This category connects world events to their potential impact on financial markets, trade flows, and investor risk perception.

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4,377 total articles

Drone Strike Near Russian Border Kills One as Authorities Report Mass Interceptions

Drone Strike Near Russian Border Kills One as Authorities Report Mass Interceptions

A drone strike in a village close to Russia's border in the Bryansk region killed one person and injured another, regional officials said. Russian defence bodies reported the interception of dozens to hundreds of drones over a 12-hour period, with differing tallies from regional and federal sources. Moscow officials said drones headed for the capit…

North Korea Decries U.S. Approval of Advanced Missiles for South Korea, Says KCNA

North Korea Decries U.S. Approval of Advanced Missiles for South Korea, Says KCNA

North Korea's foreign ministry publicly denounced a recent U.S. decision to approve the sale of advanced air-to-air missiles and related equipment to South Korea, saying the move will exacerbate tensions on the Korean peninsula. The statement, carried by state media KCNA, said U.S.-South Korea military cooperation is being systematically strengthen…

Moody's Keeps UAE at Aa2, Cites Strong Buffers Despite Hormuz Disruption

Moody's Keeps UAE at Aa2, Cites Strong Buffers Despite Hormuz Disruption

Moody's affirmed the United Arab Emirates' Aa2 long-term local and foreign currency issuer ratings and kept a stable outlook, despite the effective closure of the Strait of Hormuz since early March. The decision reflects the country's high per-capita income, diversified economy, solid institutions and very low federal debt, balanced against regiona…

S&P Upholds Iraq's B- Rating but Flags Negative Outlook Amid Major Oil Disruption

S&P Upholds Iraq's B- Rating but Flags Negative Outlook Amid Major Oil Disruption

S&P Global Ratings affirmed Iraq's long-term foreign- and local-currency sovereign rating at B- and its short-term rating at B, removing the long-term rating from CreditWatch negative. The agency left a negative outlook in place, citing a steep decline in oil production tied to the Middle East war and forecasting a deep GDP contraction in 2026 foll…

ILO approves first binding employment standards for gig economy workers

ILO approves first binding employment standards for gig economy workers

The International Labour Organization has adopted its first binding set of employment standards for platform-based workers, extending core labor rights and protections to those in ride-hailing, food delivery and e-commerce. The convention passed with overwhelming support and includes requirements on pay, safety, social protections, distinctions bas…

What the 2015 Iran Nuclear Deal Required — and What Has Changed

What the 2015 Iran Nuclear Deal Required — and What Has Changed

U.S. officials say a peace agreement to end the three-month-old war with Iran is nearing completion, though its terms remain undisclosed. The original 2015 nuclear agreement, the Joint Comprehensive Plan of Action (JCPOA), removed broad international sanctions in return for strict limits on Iran's nuclear activities. The United States exited the ac…

IMF and Ukraine Agree on Steps to Advance $8.1 Billion Program

IMF and Ukraine Agree on Steps to Advance $8.1 Billion Program

IMF staff and Ukrainian authorities have reached an agreement following a review of Ukraine's $8.1 billion loan arrangement. The understanding allows for a $690 million disbursement pending approval by the IMF's executive board. Ukraine met all of the program's quantitative performance criteria and indicative targets through the end of March, but t…

Civil Society Leaders Urge Global Backing for Two-State Path at Paris Meeting

Civil Society Leaders Urge Global Backing for Two-State Path at Paris Meeting

In Paris on June 12, Israeli and Palestinian civil society organizations, joined by foreign ministers and senior officials from many countries, appealed to the international community to preserve the two-state framework amid ongoing conflict. Marking one year since the U.N.-backed New York Declaration, the gathering concluded with an eight-point "C…

U.S. and Iran Said to Be Close to a Memorandum to End Standoff

U.S. and Iran Said to Be Close to a Memorandum to End Standoff

U.S. officials say negotiations with Iran have brought both sides close to a memorandum of understanding that would address a recent standoff. Washington anticipates signing the agreement within days, with terms that reportedly align with President Donald Trump’s core objectives and include reopening key shipping lanes and removing enriched uranium…

Peru Vote Review Underway as Contested Ballots Could Decide Tight Runoff

Peru Vote Review Underway as Contested Ballots Could Decide Tight Runoff

The initial tally in Peru's presidential runoff has concluded, but a protracted review of disputed polling-station results by the National Electoral Jury (JNE) is now in progress. With just over 1,000 votes separating the two contenders out of roughly 18 million ballots, more than 1,600 polling stations - representing about 400,000 votes - remain e…

British Man Sentenced Over Role in US Teen's Death Linked to Discord Video Call

British Man Sentenced Over Role in US Teen's Death Linked to Discord Video Call

A 21-year-old British man, Dylan Phelan, has been jailed after admitting he encouraged a vulnerable 21-year-old man in Louisiana to kill himself during a live video call. Prosecutors said the encouragement took place after months of contact on the Discord platform and was part of sustained targeting by an online group. The victim, Travis Dyer, died…

ILO Adopts First Binding Employment Standards for App-Based Gig Workers

ILO Adopts First Binding Employment Standards for App-Based Gig Workers

The International Labour Organization agreed on June 12 to introduce the first binding international employment standards for gig economy workers active in services such as ride-hailing, food delivery and e-commerce. The convention seeks to prevent platforms from classifying workers as independent contractors to avoid obligations on minimum wage, h…

Hezbollah Says It Expects Lebanon to Be Included in Any U.S.-Iran Deal

Hezbollah Says It Expects Lebanon to Be Included in Any U.S.-Iran Deal

A senior Hezbollah politician said the group is confident Iran will demand that any agreement with the United States address the situation in Lebanon, as mediators report progress toward a possible memorandum. Despite talks and several U.S.-announced ceasefires, combat in southern Lebanon and new Israeli airstrikes were reported on Friday.

Suspension of ICC Prosecutor Karim Khan Deepens Institutional Strains

Suspension of ICC Prosecutor Karim Khan Deepens Institutional Strains

The temporary removal of International Criminal Court lead prosecutor Karim Khan on allegations of sexual misconduct has exposed deep divisions among member states and set the stage for a protracted and potentially damaging political battle. A confidential U.N. inquiry found a factual basis for a complainant's account, while a separate legal review…