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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3,570 total articles

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…

EU-wide migration overhaul takes effect amid uneven preparedness and rights concerns

EU-wide migration overhaul takes effect amid uneven preparedness and rights concerns

A comprehensive reform of European Union asylum and migration rules, agreed in 2024 and implemented after a two-year transition, comes into force across the 27-member bloc. The package tightens border management, speeds case processing, expands digital tracking, and seeks greater returns of failed asylum seekers. While leaders praise its balance of…

Ukraine Official Warns AI Integration Will Reshape Warfighting Over Coming Years

Ukraine Official Warns AI Integration Will Reshape Warfighting Over Coming Years

A senior Ukrainian defence official says artificial intelligence is already reshaping combat in Ukraine and predicts a broader shift as AI systems are integrated into weapons and command networks. The defence ministry's AI research centre seeks to unify data and weapons systems to speed battlefield decisions, while foreign companies and allies supp…

U.S. Travel Ban on Albania Opposition Chief Reportedly Lifted

U.S. Travel Ban on Albania Opposition Chief Reportedly Lifted

Former Albanian president and prime minister Sali Berisha announced that the United States has lifted a travel ban imposed in 2021 that barred him and his immediate family from entering the U.S. The State Department said it issued waivers for several 7031(c) designations from the previous administration, without identifying the beneficiaries. The c…

Trump Kicks Off High-Profile Sports Campaign with UFC Matches on White House Lawn

Trump Kicks Off High-Profile Sports Campaign with UFC Matches on White House Lawn

President Donald Trump is staging a sequence of prominent sporting events in Washington, D.C., beginning with Ultimate Fighting Championship bouts on the South Lawn of the White House. The UFC fights, timed to coincide with Flag Day and the president's 80th birthday, are part of a broader Freedom 250 slate that also includes an IndyCar race around …

Family Identifies Teen Killed in Kenya Protest Against U.S. Ebola Quarantine Site

Family Identifies Teen Killed in Kenya Protest Against U.S. Ebola Quarantine Site

A 17-year-old student, Sylvester Muigai, was killed during protests in Nanyuki over a proposed U.S. quarantine facility for people exposed to Ebola. His grandmother says police informed the family the fatal injury was caused by a tear-gas canister, while eyewitnesses and reporters noted a large head wound. The proposed 50-bed center at Laikipia Air…