14 h. ago How did Spain come to be the only nation holding firm on its aid spending? | Ana Carbajosa

By refusing to slash funding to poorer nations, Spain became an outlier in the new world disorder. Next week it hosts a UN summit in Seville to prove itSpain swims against the tide. At a time when much of Europe is grappling with economic crises, caving in to populist anti-aid narratives and slashing development budgets, the country is increasing its financial support for the global south. Instead of planning future aid cuts, Spain has put ambitious goals for 2030 into law.Moreover, at a time when much of the world is looking inward and retreating from multilateralism, Spain will host a UN summit in Seville this month, the first of its kind in the global north. Dozens of heads of government, state and multilateral organisations will discuss how to finance development in a post-aid world, suffocated by military spending and unpayable debt in dozens of countries, particularly those in Africa. For the Spanish government, the forthcoming Seville summit is a clear political statement. Co...

Economics

14 h. ago How did Spain come to be one of the few nations holding firm on aid spending? | Ana Carbajosa

By refusing to slash funding to poorer nations, Spain became an outlier in the new world disorder. Next week it hosts a UN summit in Seville to prove itSpain swims against the tide. At a time when much of Europe is grappling with economic crises, caving in to populist anti-aid narratives and slashing development budgets, the country is increasing its financial support for the global south. Instead of planning future aid cuts, Spain has put ambitious goals for 2030 into law.Moreover, at a time when much of the world is looking inward and retreating from multilateralism, Spain will host a UN summit in Seville this month, the first of its kind in the global north. Dozens of heads of government, state and multilateral organisations will discuss how to finance development in a post-aid world, suffocated by military spending and unpayable debt in dozens of countries, particularly those in Africa. For the Spanish government, the forthcoming Seville summit is a clear political statement. Co...

Economics

19 h. ago Voices: The stakes could not be higher in this global aid crisis

Aid budgets are being slashed while military spending soars, and international cooperation is under unprecedented strain, writes UN chief Antonio Guterres. Now is the time to step up to help those in need

Events

7 d. ago UK weather maps turn red showing heat bomb hitting the country this weekend

UK weather maps from Ventusky turn a deep red this weekend as a heat bomb is set to smash eastern England as warm weather travels up from Spain - but it's not good news for the whole nation

Events

8 d. ago Investor Index 2025: confidence holds firm amidst tariffs and turbulence

Now in its sixth year, the Investor Index, is an annual in-depth survey of investor behaviours conducted among 1100 UK adults (18+) with a minimum of £10,000 invested. Conducted jointly by London-based communications agency AML Group and The Nursery Research & Planning, the study has established itself as a rigorous barometer of investor practices based on hard data.

Economics

1 week ago Voices: UK aid cuts are even harsher than they first appeared. And the scale is horrifying

Many of us hoped the worst damage could be avoided, writes Sarah Champion, chair of the International Development Select Committee – but the spending review has dashed that

Politics

1 week ago Growing proportion of aid budget to be spent on asylum hotels next year

Hotel accommodation for asylum-seekers strips money from the aid budget and threatens the health of people seeking safety, charities warn

Economics

2 w. ago Arsenal encounter fresh problem in Benjamin Sesko pursuit with RB Leipzig holding firm

Sesko has emerged as a top target for Arsenal this summer

Politics

2 w. ago Arsenal hold fresh Benjamin Sesko transfer talks but RB Leipzig holding firm on £70m price tag

Ollie Watkins and Viktor Gyokeres have also been considered by the Gunners

Economics

2 w. ago Home Office plans to spend £2.2bn of foreign aid on asylum support this year

International rules allow countries to count first-year costs of supporting refugees as overseas development assistance.

Economics

2 w. ago Labour struggling to slash 'unsustainable' foreign aid spending on asylum hotels, despite vow to end practice

The Government is spending £2.2 billion of overseas development funds to house migrants

Events

2 w. ago Labour is still spending £2.2bn a year of foreign aid on UK hotels for asylum seekers

Figures released by the Home Office show Labour only managed to reduce its spending on official development assistance between 2024/25 by around £1million.

Economics

3 w. ago Isaac del Toro holds firm in battle for pink jersey as Richard Carapaz threatens late Giro d’Italia twist

Nicolas Prodhomme claimed victory on stage 19 as Del Toro fought off Carapaz’s attack to maintain the race lead

Events

3 w. ago London market holds firm as reinsurance discipline shapes 2025 outlook: Berenberg

London market holds firm as reinsurance discipline shapes 2025 outlook: Berenberg  Reinsurance News

Economics

3 w. ago Federal Reserve issues rare statement asserting independence amid Trump pressure

Central bank emphasizes nonpartisan role in brief memo after chair Jerome Powell meets with US presidentCan Trump fire Federal Reserve chair Jerome Powell?The Federal Reserve issued a rare, strongly worded statement on Thursday after chair Jerome Powell spoke with Donald Trump at the White House Thursday morning, holding firm on the central bank’s independence amid pressure from Trump to lower interest rates.The three-paragraph statement emphasized the Fed’s independent, nonpartisan role in setting monetary policy based on economic data. Continue reading...

Politics