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IMF staff reaches agreement with Ukraine on $690 million disbursement under aid program

12 June 2026 at 20:43
The International Monetary Fund (IMF) and Ukraine have reached a staff-level agreement on the first review of Kyiv's four-year Extended Fund Facility (EFF) program, potentially unlocking approximately $690 million in additional funding, the IMF announced on June 12.

World Bank Warns Iran War Is Slowing Global Growth

11 June 2026 at 14:30
The world economy is weakening as energy prices fuel a new bout of inflation.

© Arash Khamooshi/Polaris for The New York Times

An explosion after U.S.-Israeli airstrikes hit oil storage depots in Tehran. The war has tangled supply chains and caused oil, gas and fertilizer prices to gyrate for months.

Trump’s Board of Peace faces funding questions, trouble in Gaza

11 June 2026 at 11:00
President Trump’s highly publicized Board of Peace is facing new questions over the sources — and destinations — of its funding, even as its flagship project, the U.S. peace plan for Gaza, stalls in the face of numerous obstacles. At an inaugural signing ceremony for the board in February, Trump touted a U.S. pledge of…

Trump’s Board of Peace faces funding questions, trouble in Gaza

11 June 2026 at 11:00
President Trump’s highly publicized Board of Peace is facing new questions over the sources — and destinations — of its funding, even as its flagship project, the U.S. peace plan for Gaza, stalls in the face of numerous obstacles. At an inaugural signing ceremony for the board in February, Trump touted a U.S. pledge of…

Paving the Road to a New World Order

8 May 2025 at 17:38
Paving the road to new world orderby Jesse Smith H.G. Wells 1940 fiction book “The New World Order”, advocated that nation states join together to form a socialist and scientifically managed world government to achieve peace and prevent future world wars. For over a century, significant changes have taken place bringing the world closer to Wells’ imagined global governance structure where the authority and relevance of nation states is increasingly diminished. James Warburg, a German born, American banker and Council on Foreign Relations (CFR) member once boldly stated in 1950, that “we shall have world government whether or not you like it, by conquest or consent.” […]
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