MUMBAI: Dalal Street investors are bracing for heightened volatility and a negative opening on Monday as the Iran-Israel conflict will compound turmoil in global markets. Traders would remain cautious and wait for cues to take a view about the market’s trend, they said. For one, any escalation of the conflict could have a direct impact
The U.N.’s humanitarian work with partners is more important and complex than ever — not just in terms of saving lives, but also stabilizing communities and countries. And what we do in Chad does matter to those in Chicago, Copenhagen or Canberra, even if it’s far. Within days of the Sudan conflict starting, for example,
US lawmakers moved Thursday toward prohibiting any further funding for the UN’s embattled agency for Palestinians, which Israel has sought to link to Hamas. President Joe Biden’s administration has already suspended funding for UNRWA — despite saying its work in war-ravaged Gaza was invaluable — after Israel alleged that several of its employees participated in
Life-saving food aid in Chad for hundreds of thousands of refugees from war-torn Sudan will grind to a halt in April without international funding, a United Nations agency warned Tuesday. The UN World Food Programme (WFP) is appealing for $242 million in donations to continue supporting 1.2 million Sudanese refugees, as the approaching rainy season threatens to
European Union foreign policy chief Josep Borrell warned on Sunday that moves to suspend the funding of UN Palestinian refugee agency UNRWA were extremely ill-advised. “Defunding UNRWA would be both disproportionate and dangerous,” Borrell said of the agency which is embroiled in controversy over the alleged involvement of employees in the October 7 attack by Hamas
The European Parliament on Thursday passed a resolution paving the way for possible legal action against the EU’s executive arm over the release of 10 billion euros ($11 billion) in frozen funds to Hungary. The European Commission unlocked the money for Budapest last month as Brussels looked to win Hungarian Prime Minister Viktor Orban’s backing