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World Economy Apr 10, 2026

US Trump-era cuts trigger record 23% plunge in OECD development aid for 2025

Preliminary OECD data shows a historic 23% drop in global development assistance for 2025, driven l…
OECD preliminary figures reveal a 23% decline in international development assistance between 2024 and 2025, the steepest annual fall recorded since the organization began tracking aid.The United States was the primary catalyst, with its official development assistance slashing nearly 57% in 2025, a reduction that accounts for roughly three‑quarters of the overall drop.Total aid from the 34 DAC members fell from $214.6 billion to $174.3 billion. American contributions shrank from about $63 billion in 2024 to just under $29 billion the following year, according to the OECD.Other major donors—including Germany, the United Kingdom, Japan and France—also trimmed their budgets, and only eight DAC countries managed to meet or exceed their 2024 levels.The cuts arrive at a time of heightened global economic and food‑security uncertainty, exacerbated by the ongoing US‑Israeli conflict with Iran.OECD official Carsten Staur described the plunge as “deeply concerning,” urging donors to reverse the trend as humanitarian needs surge. Oxfam’s Development Finance Lead Didier Jacobs warned that wealthy governments are “turning their backs on millions of lives in the Global South” by cutting life‑saving aid while funding conflict.Academic research links the U.S. reductions to a rise in armed conflict across Africa, with the Center for Global Development estimating that the cuts could have caused between 500,000 and 1,000,000 excess deaths in 2025. A Lancet analysis warns that continuing the downward trajectory may result in **over 9.4 million additional deaths by 2030**.Under President Trump, the United States has dismantled the U.S. Agency for International Development (USAID) and pursued a handful of bilateral agreements with African nations that tie aid to mineral access and health data. Simultaneously, the administration is seeking a historic $1.5 trillion military budget for FY2027** and between **$80 billion and $200 billion** for the Iran‑Israel war effort.Analysts and NGOs are calling on DAC members to restore aid levels and reinforce the global humanitarian system, which they say faces its most serious crisis in decades.
#oecd #usaid #germany
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Politics Apr 09, 2026

Trump Vows Persistent US Military Presence Around Iran Amid Fragile Ceasefire and Rising Regional Tensions

President Donald Trump announced that U.S. forces will remain stationed around Iran until a "real a…
President Donald Trump declared on Truth Social that U.S. troops, aircraft and naval vessels will stay positioned around Iran until what he termed the "REAL AGREEMENT" is fully honored, warning that any failure by Tehran will trigger "bigger, better, and stronger" military action.Trump’s message, posted late Wednesday, underscores Washington’s demand that Iran abandon any nuclear weapons ambitions and guarantee safe passage through the strategically vital Strait of Hormuz. He added that U.S. forces are "loading up and resting, looking forward to its next conquest," a rhetoric that heightens concerns of a rapid escalation.The announcement follows a two‑week ceasefire brokered by Pakistan that paused six weeks of combat and briefly steadied global markets worried about disruptions to oil shipments through Hormuz. However, the truce remains precarious.Iranian semi‑official outlets ISNA and Tasnim released a chart suggesting the Islamic Revolutionary Guard Corps (IRGC) had laid sea mines in the strait, marking a "danger zone" that forced some vessels to navigate farther north near Larak Island. The chart, dated Feb. 28 to Apr. 9, leaves it unclear whether the mines have been cleared.On the ground in Tehran, public sentiment is deeply skeptical. One woman told Al Jazeera that any day without bloodshed would be "very good," while another dismissed the ceasefire as meaningless while Israel continues its bombardment of Lebanon. A third resident called the truce "a theatrical show" orchestrated by Trump.Negotiations are further complicated by Tehran’s rejection of a sweeping U.S. proposal. Iran insists on an end to Israeli attacks on Lebanon and the lifting of sanctions—conditions Washington has yet to accept.Despite the uncertainty, Iranian officials hinted at a diplomatic push: Ambassador Reza Amiri Moghadam announced on X that a delegation would arrive in Islamabad for talks based on ten Iranian‑proposed points, though he later deleted the post. Pakistan’s capital simultaneously announced two days of unannounced holidays, adding to the opacity.Israel has intensified its campaign in Lebanon, killing at least 182 people in a single day, which Tehran warns could render further negotiations "unreasonable" under the current circumstances.In Washington, opposition to the conflict is mounting. Senator Cory Booker announced that Democrats intend to invoke the War Powers Resolution to force a congressional vote, condemning Trump’s actions as "unauthorised" and "reckless war‑mongering" that the American public does not support.The convergence of U.S. military posturing, Iranian skepticism, Israeli escalation, and domestic political pressure creates a volatile environment where the fragile ceasefire could unravel, threatening regional security and global energy markets.
#Donald Trump #United States #Iran
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World Apr 09, 2026

Israel's Lebanon Bombing Sparks Global Condemnation After US-Iran Ceasefire

Israel's bombing of Lebanon, which killed over 200 people, has been widely condemned after a US-Ira…
Israel's devastating bombardment of Lebanon in the hours after a US-Iranian ceasefire was announced has been widely condemned amid global efforts to salvage the truce. The bombing, which killed more than 200 people, including strikes with heavy munitions on densely populated areas, drew outrage from the International Committee of the Red Cross and other international humanitarian organisations.Benjamin Netanyahu insisted Lebanon was not included in the Tuesday night ceasefire agreed by Donald Trump, and vowed the Israeli military would continue to strike Hezbollah targets “wherever necessary”. The Israeli prime minister said his forces had killed the secretary to Hezbollah’s leader, Naim Qassem.The US vice-president, JD Vance, backed Netanyahu, claiming the US had never agreed to the inclusion of Lebanon in the truce. However, Iran’s president, Masoud Pezeshkian, said that further Israeli strikes on Lebanon would render negotiations “meaningless”. Iran would not abandon the Lebanese people, he said.Pakistan, which led the efforts to broker a ceasefire after Trump threatened a civilisation-ending onslaught, has said Lebanon had been part of the agreement. Robert Malley, a former American envoy who led earlier US-Iranian negotiations, said: “I would trust the Pakistani mediator that Lebanon was included.The EU foreign policy chief, Kaja Kallas, said on Thursday: “Hezbollah dragged Lebanon into the war, but Israel’s right to defend itself does not justify inflicting such massive destruction.” France’s foreign minister, Jean-Noël Barrot, condemned the Israeli strikes as “unacceptable” and his British counterpart, Yvette Cooper, described them as “deeply damaging”, adding that failure to include Lebanon in the ceasefire would “destabilise the whole region”.
#israel #lebanon #hezbollah
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Politics Apr 08, 2026

Norwegian Nobel Committee Decries Russia’s Move to Label Nobel Laureate Memorial as Extremist

The Norwegian Nobel Committee condemned Russia’s attempt to brand the Nobel Peace Prize‑winning hum…
The Norwegian Nobel Committee, which awards the Nobel Peace Prize, has publicly condemned Moscow’s latest effort to label the human‑rights organisation Memorial as an "extremist organisation". Chairman Jørgen Watne Frydnes said the committee is "deeply alarmed" by the Russian authorities’ attempt to dismantle a co‑recipient of the 2022 Peace Prize. According to the statement released on Wednesday, Russia’s Supreme Court is set to review a petition from the Ministry of Justice that seeks to add Memorial to the nation’s list of “undesirable” entities. If approved, the designation would ban the group from operating within Russia and expose anyone associated with it to up to four years in prison and substantial fines. Memorial, already branded a “foreign agent” and ordered dissolved by the Supreme Court at the end of 2021, would see all of its activities criminalised under the new petition, Frydnes warned. He added that even sharing the organisation’s published material could lead to imprisonment. “To designate such an organisation as extremist is an affront to the fundamental values of human dignity and freedom of expression,” Frydnes asserted, urging Russian officials to withdraw the claim immediately and cease all harassment of Memorial and its members. Memorial shared the 2022 Nobel Peace Prize with Ukraine’s Centre for Civil Liberties and Belarusian activist Ales Bialiatski. Founded in 1987, Memorial specialises in documenting human‑rights violations across Russia and once operated a network of roughly 50 affiliated groups both inside and outside the country. Several of these affiliates continue their work from bases in Germany, France and Italy. Key figures from Memorial have faced criminal proceedings in Russia. Notably, activist Oleg Orlov, who was sentenced for speaking out against the war in Ukraine, was released in a 2024 prisoner exchange and now works abroad to continue documenting abuses. The committee’s statement concludes with a direct appeal: Russian authorities should immediately rescind the extremist label and halt any further intimidation of the organisation and its supporters.
#Norwegian Nobel Committee #Memorial #Russia
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Tv And Radio Apr 08, 2026

Stephen Fry’s Raw Honesty on ITV’s ‘The Assembly’ Sets New Standard for Celebrity Interviews

In a groundbreaking episode of ITV’s The Assembly, Stephen Fry confronts personal trauma and mental…
Stephen Fry opened his appearance on ITV’s The Assembly with a startling question: “You tried to kill yourself a couple of times. Are you happy to be alive now?” The boldness set the tone for a conversation that veered far from the usual celebrity‑friendly script.The programme distinguishes itself by placing a well‑known guest in front of a panel of young adults with neurodivergence or learning disabilities. Free from the conventional safeguards of mainstream talk shows, the panel asks questions that are simultaneously unconventional and deeply human, prompting guests to respond without the usual rehearsed veneer.For Fry, the format proved liberating. Known for translating complex ideas into accessible language, he used the platform to discuss suicidal ideation, likening the experience to the lingering memory of a broken limb—painful yet now distant. This candidness allowed him to reaffirm why he remains a cultural touchstone.One of the most memorable moments came when a participant asked, “I read that you are bipolar. One of my family has that. How can I help them?” Fry responded with a vivid analogy, describing bipolar disorder as a “rainstorm raging inside you—eventually the sun returns, and it’s the weather, not the person, that changes.” This explanation resonated as both compassionate and educational.The interview oscillated between gravitas and levity. Fry fielded whimsical queries such as “Can you help me meet Céline Dion?” and “How much have you spent on cocaine?” alongside the probing “Are you a top or a bottom?” The juxtaposition amplified the emotional weight of the serious topics.At one point, a young panelist named Luca chose not to ask a question, instead performing William Wordsworth’s poem “The World Is Too Much With Us” with theatrical flair—a rare blend of poetry and performance that underscored the show’s experimental spirit.Another highlight involved Jacob, a panel member who brandished a list of Fry’s past advertising gigs—Heineken, Twinings, Honda, and more—before delivering the punchline, “Is there anything you wouldn’t do for money?” The extended joke built a collective laugh that softened the subsequent, more probing inquiries.Critics have likened the show’s tone to a hybrid of Radio 4’s In the Psychiatrist’s Chair and the cheeky, irreverent style of classic British comedy interviews such as those with Dame Edna Everage or Mrs Merton, creating a unique space where vulnerability and humor coexist.The episode concluded with Nina Simone’s “I Wish I Knew How It Would Feel to Be Free” playing as Fry reflected on his experiences with antisemitism and bipolar disorder. Moved by the music, he rose and danced, offering a visual testament to the therapeutic power of the format.The Assembly aired on ITV1 and is now available for streaming on ITVX.
#fry #you #his
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Politics Apr 08, 2026

Pakistan Brokered Ceasefire Between US and Iran in Major Diplomatic Breakthrough

Pakistan successfully brokered a temporary ceasefire between the US and Iran, marking a significant…
Pakistan's diplomatic efforts have yielded a significant breakthrough, securing a temporary ceasefire between the US and Iran. The development comes after intense negotiations led by Pakistan's Prime Minister Shehbaz Sharif and Army Chief Asim Munir.The crisis had escalated to a point where Pakistan's government and military were deeply concerned about the potential consequences for the country's economy, defense, national security, and sectarian harmony. A defense pact with Saudi Arabia meant that if Riyadh entered the war, Pakistan would be drawn into it as well.Behind the scenes, Munir and Asim Malik, the country's head of army intelligence and national security adviser, played a crucial role in mediating the ceasefire. Munir's strong personal rapport with US President Donald Trump and his longstanding relationship with Iran's Revolutionary Guards were instrumental in brokering the deal.China emerged as a key player in the negotiations, with Pakistani officials claiming that Beijing directly encouraged Iran to accept a ceasefire, promising to act as a guarantor of Iran's safety in any talks. This included assurances that Iranian leaders would not be assassinated if they traveled for negotiations.The ceasefire deal was secured by 4am in Islamabad, with both the US and Iran agreeing to a temporary and fragile truce. Michael Kugelman, south Asia fellow at the Atlantic council, described it as Pakistan's 'biggest diplomatic win in years'.Pakistani officials have expressed concerns that Israel and the United Arab Emirates could still try to sabotage the peace process. However, the successful brokering of the ceasefire has been hailed as a 'shining moment' in Pakistan's history and a 'first step' towards peace.
#Pakistan #United States #Iran
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Business Apr 08, 2026

Close Brothers Shares Soar as UK Bank Absorbs £320m Car Finance Compensation

Close Brothers shares surged 17% after the UK bank announced it can 'comfortably absorb' a £320m co…
Shares of Close Brothers, a UK-based specialist lender, jumped 17% on Wednesday following the bank's announcement that it can easily absorb the cost of a £320m compensation bill related to the car finance scandal. The Financial Conduct Authority's (FCA) compensation scheme, finalized last week, aims to address the issue of drivers being overcharged for loans due to commission payments between lenders and car dealers.The bank expects to pay out approximately £320m in compensation, which is 'broadly similar' to previous estimates and only £26m more than the £294m already set aside. Close Brothers stated that this additional amount can be 'comfortably absorbed by existing capital resources,' ensuring the group remains well-positioned to continue its strategy.The FCA's compensation scheme estimates that victims will receive an average payout of £830. This development has provided relief to investors, especially after concerns were raised by short seller Viceroy Research, which suggested that Close Brothers might need to significantly increase its provision for car finance losses.In contrast, Close Brothers' rival, FirstRand, announced hours earlier that it would sell its UK operations, citing frustration with the FCA's compensation scheme, which it described as 'deeply flawed.' FirstRand stated it would need to raise an extra £510m to cover compensation costs, taking its total provisions to £750m, and potentially slash its earnings forecast and offload its UK business.
#Close Brothers #UK bank #car finance scandal
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Entertainment Apr 08, 2026

Original 1978 Cast Reunites to Revive Pina Bausch’s ‘Kontakthof’ at Sadler’s Wells

A veteran troupe of dancers, now in their seventies and eighties, reconvenes at Sadler’s Wells to p…
Arthur Rosenfeld, 73, and Meryl Tankard, 70, open the performance by introducing themselves as “sprightly old geezers,” setting a tone of candid humor that runs through the evening. The production, ‘Kontakthof – Echoes of 78,’ is a fresh staging of Pina Bausch’s iconic 1978 work, now re‑imagined by Australian choreographer Meryl Tankard. Unlike the 2010 London run that split the piece between teenagers and senior amateurs, this rendition features the eight surviving members of the original cast—all now in their late sixties to early eighties—performing the very roles they created half a century ago. A ninth dancer was absent due to illness. Their live movements are mirrored on a large screen by the black‑and‑white film of the 1978 performance, creating a visual palimpsest where past and present dance together. The choreography, set to 1930s dance‑hall songs, remains a wry commentary on courtship, power dynamics and consent. Tankard’s direction emphasizes the passage of time, allowing audiences to witness the same steps executed by bodies that have aged, yet retain a striking vitality. Dancers such as Josephine Ann Endicott, now in her seventies, glide across the stage in silk dresses, their frames more fragile but their confidence undiminished. Moments of poignancy arise when the film shows cast members who have since passed away. Onstage, John Giffin reaches for his late partner’s face, only to grasp empty air—a visual metaphor for loss that resonated deeply with the audience. Personal revelations punctuate the performance: Beatrice Libonati, 71, describes herself as “paranoid and a misanthrope,” while Tankard admits, “I wish I’d had children; I miss my mother every day,” underscoring the undercurrent of longing that runs through the piece. Beyond its narrative, the production offers a meditation on continuity. Bausch’s signature walking patterns—slow circles and linear traverses—are repeated, suggesting that despite changing bodies, the human species continues to tread familiar social routes. The music, unchanged from the original, carries on until the final dancer pauses, symbolising the inevitable end of the dance of life. The show runs at Sadler’s Wells, London through 11 April, offering a rare glimpse into how art can bridge generations and celebrate the endurance of the human spirit.
#Pina Bausch #Sadler's Wells #Kontakthof
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Entertainment Apr 08, 2026

UK Bars Kanye West from Entering Over Anti‑Semitic and Nazi‑Glorifying Remarks, Cancels Wireless Festival

The British Home Office denied rapper Kanye West entry to the UK, citing his anti‑Semitic statement…
The UK Home Office has refused rapper Kanye West’s request to travel to Britain, stating that his presence would not be "conducive to the public good" after a wave of criticism over his anti‑Semitic comments and open admiration for Adolf Hitler.West, now performing under the name Ye, submitted a visa application on Monday for a headline slot at London’s Wireless Festival in July. The Home Office issued a denial on Tuesday, effectively barring him from entry.In response, the festival’s organisers announced the cancellation of the entire event and pledged to refund all ticket holders, underscoring the pressure from sponsors and politicians to distance the show from the controversial artist.Amid the controversy, West publicly offered to meet members of the British Jewish community, saying he wanted to demonstrate “unity, peace and love through music” and that “words aren’t enough – I’ll have to show change through my actions.”The backlash intensified after West released a track titled “Heil Hitler” and marketed a swastika‑bearing T‑shirt on his website, actions that have drawn widespread condemnation for glorifying Nazism.West has performed in the United States and Mexico City this year, but was barred from Australia in July 2023 for similar reasons. He later placed a full‑page apology in the Wall Street Journal, attributing his behavior to an untreated bipolar disorder.British government minister Wes Streeting dismissed the bipolar‑disorder explanation as “appalling,” while Prime Minister Keir Starmer called the decision to book West “deeply concerning” given his prior anti‑Semitic remarks and celebration of Nazism.The Campaign Against Antisemitism welcomed the Home Office’s move, stating that it “backed up its words with action” and affirmed that antisemitism has no place in the UK.West’s European tour continues to face resistance; the mayor of Marseille, France, publicly declared the rapper “not welcome” for a scheduled June concert.
#Kanye West #Wireless Festival #UK Home Office
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