Oct 05 Watch 5:26 News Wrap: OPEC drastically cuts oil production to boost sagging prices In our news wrap Wednesday, OPEC is drastically cutting oil production by two million barrels a day to boost sagging prices, Russian President Putin signed documents today to annex four regions of Ukraine as the Russian military is losing its… Continue watching
Oct 05 Watch 6:26 American citizen detained in Iran for six years flies out of country for surgery By Amna Nawaz Baquer Namazi, an American citizen and former U.N. official wrongfully held in Iran for more than six years, has been allowed to travel abroad to seek medical treatment. His son has been released from prison on a temporary furlough but… Continue watching
Oct 05 EU agrees on price cap for Russian oil over Ukraine war By Samuel Petrequin, Associated Press European Union countries agreed Wednesday to impose a price cap on Russian oil and other new sanctions after Moscow illegally annexed four regions in Ukraine amid its monthslong war, EU officials said. Continue reading
Oct 05 Climate change made global summer droughts 20 times more likely By Drew Costley, Associated Press Widespread drought that dried up large parts of Europe, the United States and China this past summer was made 20 times more likely by climate change, according to a new study. Continue reading
Oct 05 Prolonged drought brings famine and fear to Somalia By Cara Anna, Associated Press Somalia is in the midst of the worst drought anyone there can remember. More than 1 million have fled. A rare famine declaration could be made within weeks. Climate change and fallout from the war in Ukraine are in part… Continue reading
Oct 05 Asian Development Bank to provide $2.5 billion to flood-ravaged Pakistan By Munir Ahmed, Associated Press Pakistan's Finance Ministry says the Asian Development Bank will provide $2.5 billion in aid to the impoverished flood-affected country, where climate-induced deluges of rain have killed nearly 1,700 people since-mid- June. Continue reading
Oct 05 South Korea suffers malfunction in missile test response to North Korea, panics local residents By Kim Tong-Hyung, Associated Press A malfunctioning South Korean ballistic missile blew up as it plowed into the ground during a drill with the United States that was a reprisal for North Korea’s launch a day earlier of a weapon that flew over Japan and… Continue reading
Oct 05 Putin finalizes annexation of Ukrainian regions as Russian forces struggle to maintain control By Adam Schreck, Associated Press In a defiant move, the Kremlin on Wednesday held the door open for further land grabs in Ukraine. Continue reading
Oct 05 OPEC+ makes sharp production cut to boost prices; gasoline costs may rise By David McHugh, Associated Press The OPEC+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices. Continue reading
Oct 04 Haiti reaches a breaking point as the economy tanks and violence soars By Evens Sanon, Dánica Coto, Associated Press Daily life in Haiti began to spin out of control last month just hours after Prime Minister Ariel Henry said fuel subsidies would be eliminated, causing prices to double. Continue reading