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The United States will allow a core Iranian delegation to attend the United Nations General Assembly (UNGA) in New York City next week, despite the ongoing conflict between Washington and Tehran. A source familiar with the matter said the Iranian delegation will include President Masoud Pezeshkian, Foreign Minister Abbas Araghchi and essential staff members for the UNGA high-level week.&nbsp;“Consistent with our host country obligations, the core delegation from the Iranian regime will be able to attend UN General Assembly High Level Week,” the State Department spokesman said. The State Department official said the delegation will be significantly scaled down and subject to tighter travel restrictions and luxury import prohibitions ‘per our policy’. The 81st UNGA is set to take place amid continued military tensions between the United States and Iran, with uncertainty surrounding efforts to reopen the Strait of Hormuz and restart negotiations between Washington and Tehran.&nbsp;The disruption of the strategic waterway, through which roughly 20 per cent of global seaborne energy transit passes, has contributed to a sharp increase in global oil prices. US President Donald Trump has repeatedly said that the conflict with Iran is approaching an end. He has also said that his administration has held direct discussions with Iranian officials, although fighting continues in the wider region. Meanwhile, tensions have also intensified around the Bab al-Mandeb Strait, where Houthi forces have seized control and fighting has continued in Yemen involving the Saudi-led coalition.&nbsp;Also Read: <a href="https://www.wionews.com/world/i-have-a-big-decision-coming-up-trump-says-he-s-approaching-major-crossroad-in-iran-war-1789672655068">‘I have a big decision coming up’: Trump says he’s approaching major ‘crossroad’ in Iran war</a>&nbsp;The decision to allow Iranian officials to enter the United States for the UNGA comes as Washington has again barred Palestinian President Mahmoud Abbas and dozens of Palestinian Authority (PA) officials from attending the gathering in person. The Trump administration denied visas to Abbas and other PA officials for the second consecutive year. Last year, the visa restrictions meant that the Palestinian president addressed the UN General Assembly virtually instead of attending in person.&nbsp;The Palestinians will nevertheless be represented at the upcoming high-level UNGA session by diplomats who are already accredited to the United Nations. Without specifically naming Abbas, the State Department announced a wider visa ban affecting officials from the PA and Palestine Liberation Organization (PLO). Washington cited ‘their failure to reform, contrary to their commitments to the United States, and their ongoing activities that undermine the prospects for peace’, the statement said.&nbsp;In response, the Palestinian Ministry of Foreign Affairs and Expatriates said, “Punitive measures and restrictions imposed on Palestinian officials do not contribute to advancing peace or combating violence', the authority’s Ministry of Foreign Affairs and Expatriates said in a statement in response. “Rather, they weaken the Palestinian partner committed to a political solution and encourage forces working to undermine the two-state solution and impose the reality of occupation, settlement and annexation by force.”

US allows Iran’s President Pezeshkian and Foreign Minister Araghchi to attend UNGA as Palestinian officials face visa restrictions amid global crises

The United States will allow a core Iranian delegation to attend the United Nations General Assembly (UNGA) in New York City next week, despite the ongoing conflict between Washington and Tehran. A source familiar with the matter said the Iranian delegation will include President Masoud Pezeshkian, Foreign Minister Abbas Araghchi and essential staff members for the UNGA high-level week. “Consistent with our host country obligations, the core delegation from the Iranian regime will be able to attend UN General Assembly High Level Week,” the State Department spokesman said. The State Department official said the delegation will be significantly scaled down and subject to tighter travel restrictions and luxury import prohibitions ‘per our policy’. The 81st UNGA is set to take place amid continued military tensions between the United States and Iran, with uncertainty surrounding efforts to reopen the Strait of Hormuz and restart negotiations between Washington and Tehran. The disruption of the strategic waterway, through which roughly 20 per cent of global seaborne energy transit passes, has contributed to a sharp increase in global oil prices. US President Donald Trump has repeatedly said that the conflict with Iran is approaching an end. He has also said that his administration has held direct discussions with Iranian officials, although fighting continues in the wider region. Meanwhile, tensions have also intensified around the Bab al-Mandeb Strait, where Houthi forces have seized control and fighting has continued in Yemen involving the Saudi-led coalition. Also Read: ‘I have a big decision coming up’: Trump says he’s approaching major ‘crossroad’ in Iran war The decision to allow Iranian officials to enter the United States for the UNGA comes as Washington has again barred Palestinian President Mahmoud Abbas and dozens of Palestinian Authority (PA) officials from attending the gathering in person. The Trump administration denied visas to Abbas and other PA officials for the second consecutive year. Last year, the visa restrictions meant that the Palestinian president addressed the UN General Assembly virtually instead of attending in person. The Palestinians will nevertheless be represented at the upcoming high-level UNGA session by diplomats who are already accredited to the United Nations. Without specifically naming Abbas, the State Department announced a wider visa ban affecting officials from the PA and Palestine Liberation Organization (PLO). Washington cited ‘their failure to reform, contrary to their commitments to the United States, and their ongoing activities that undermine the prospects for peace’, the statement said. In response, the Palestinian Ministry of Foreign Affairs and Expatriates said, “Punitive measures and restrictions imposed on Palestinian officials do not contribute to advancing peace or combating violence', the authority’s Ministry of Foreign Affairs and Expatriates said in a statement in response. “Rather, they weaken the Palestinian partner committed to a political solution and encourage forces working to undermine the two-state solution and impose the reality of occupation, settlement and annexation by force.”

US allows a scaled-down Iranian delegation to attend UNGA 2026, while Palestinian officials face visa restrictions amid conflicts and global tensions

Pezeshkian, Araghchi set to attend UNGA 2026 in New York amid ongoing conflict as US-imposed travel curbs remain

After facing multiple attacks and sustaining damage during the Iran war and in Houthi attacks, Saudi Arabia will be upgrading its air force with the purchase of 48 F-35 Lightning II Joint Strike Fighter aircraft from the United States. According to the US State Department, the jets will cost the Saudis about $24.3 billion. The fighter jets built by Lockheed Martin are in common use by many US allies, including the UK, Italy, Netherlands, Australia, Canada and others.&nbsp;The F-35A variety jets will have a conventional takeoff as opposed to the F-35B, which can take off vertically.&nbsp;&nbsp;“The proposed sale will improve Saudi Arabia’s capability to deter current and future threats by strengthening its homeland defence and improving interoperability with US forces, and other regional and NATO forces,” the State Department said.&nbsp;Also Read: <a href="https://www.wionews.com/world/i-have-a-big-decision-coming-up-trump-says-he-s-approaching-major-crossroad-in-iran-war-1789672655068">‘I have a big decision coming up’: Trump says he’s approaching major ‘crossroad’ in Iran war</a>&nbsp;The F-35 Lightning II is one of the most common stealth fighters in the US arsenal, with hundreds being used across the Air Force, Marines and Navy. A record number of 191 F-35 fighters were delivered to the US in 2025, said Lockheed Martin.&nbsp;<h2>Sale supports foreign policy and national security objectives of US</h2>&nbsp;This proposed sale will support the foreign policy and national security objectives of the US by improving the security of a major non-NATO ally that is a force for political stability and economic progress in the Gulf region.The deal will augment Saudi Arabia’s operational aircraft and enhance its air-to-air, and air-to-ground self-defence capability.The state department said that the proposed sale of this equipment and support will not alter the military balance in the region.&nbsp;&nbsp;Saudi Arabia made a direct appeal for the jets in early 2025 to US President Donald Trump and has long been interested in Lockheed Martin's fighter.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/tata-trusts-chairman-noel-tata-calls-chandrasekaran-s-reappointment-illegal-rejects-tata-sons-listing-1789664770040">Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing</a>&nbsp;The estimated $24.3 billion sale would include 48 of the military aircraft and 49 ⁠Pratt &amp; Whitney engines along with communications equipment, spare parts and other support items.&nbsp;Washington weighs weapons sales to the Middle East in a way that ensures Israel maintains a “qualitative military edge”, thereby ensuring that Israel gets more advanced US weapons than regional Arab states.The F-35 is built with stealth technology that allows it to evade enemy detection and is considered the world’s most advanced fighter jet.&nbsp;&nbsp;<h2>Saudis aims to modernise its air force, counter regional threats</h2>&nbsp;Saudi Arabia is the largest customer for US arms and has been seeking the fighter jet for years as it looks to modernise its air force and counter regional threats, particularly from Iran.&nbsp;The Saudi Air Force flies a mix of fighter aircraft, including Boeing F-15s, European Tornados and Typhoons.&nbsp;Also Read: <a href="https://www.wionews.com/world/us-drone-firm-linked-to-trump-s-sons-signs-mou-with-pakistan-army-gets-initial-order-1789648161978">US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order</a>&nbsp;Trump has made arms sales to Saudi Arabia a priority since returning to office. In 2025, the United States agreed to sell the kingdom an arms package worth nearly $142 billion, which the White House called “the largest defence cooperation ⁠agreement” Washington has ever done.&nbsp;Saudi Arabia is pursuing ambitious economic and military modernisation plans under Crown Prince Mohammed bin Salman’s Vision 2030 agenda.&nbsp;&nbsp;<h2>US approves visas for Iranian representatives for UN General Assembly next week</h2>&nbsp;The Trump administration has approved visas for top Iranian officials, including the president and foreign minister, to attend the UN General Assembly high-level meeting in New York next week even as the two countries are locked in a stalemated war.The State Department said Thursday it had approved visas for Iran’s “core delegation” to participate in the UN meetings. The core delegation includes President Masoud Pezeshkian and Foreign Minister Abbas Araghchi.&nbsp;Also Read: <a href="https://www.wionews.com/world/china-urges-iran-to-rein-in-houthis-after-saudi-arabia-s-appeal-for-help-report-1789657903169">China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report</a>&nbsp;“Consistent with our host country obligations, the core delegation from the Iranian regime will be able to attend UN General Assembly High Level week. The delegation will be under travel restrictions and will face prohibitions on the purchase of luxury and other goods per our policy,” the statement said.&nbsp;<h2>Trump hails ‘major progress’ toward US Army base in Poland</h2>In a post on Truth Social, the president said there is “major progress” toward opening a US Army base in Poland.“GREAT NEWS! Thanks to the bold leadership of my friend, Karol Nawrocki, President of Poland, major progress is being made toward establishing a US Army base in Poland. If this happens, the location will be announced very soon. This will be a historic step for our Great US/Polish Alliance,” he wrote.

The deal will augment Saudi Arabia’s operational aircraft and enhance its air-to-air, and air-to-ground self-defence capability. This proposed sale will support the foreign policy and national security objectives of the US by improving the security of a major non-NATO ally.

After facing multiple attacks and sustaining damage during the Iran war and in Houthi attacks, Saudi Arabia will be upgrading its air force with the purchase of 48 F-35 Lightning II Joint Strike Fighter aircraft from the United States. According to the US State Department, the jets will cost the Saudis about $24.3 billion. The fighter jets built by Lockheed Martin are in common use by many US allies, including the UK, Italy, Netherlands, Australia, Canada and others. The F-35A variety jets will have a conventional takeoff as opposed to the F-35B, which can take off vertically. “The proposed sale will improve Saudi Arabia’s capability to deter current and future threats by strengthening its homeland defence and improving interoperability with US forces, and other regional and NATO forces,” the State Department said. Also Read: ‘I have a big decision coming up’: Trump says he’s approaching major ‘crossroad’ in Iran war The F-35 Lightning II is one of the most common stealth fighters in the US arsenal, with hundreds being used across the Air Force, Marines and Navy. A record number of 191 F-35 fighters were delivered to the US in 2025, said Lockheed Martin. Sale supports foreign policy and national security objectives of US This proposed sale will support the foreign policy and national security objectives of the US by improving the security of a major non-NATO ally that is a force for political stability and economic progress in the Gulf region. The deal will augment Saudi Arabia’s operational aircraft and enhance its air-to-air, and air-to-ground self-defence capability. The state department said that the proposed sale of this equipment and support will not alter the military balance in the region. Saudi Arabia made a direct appeal for the jets in early 2025 to US President Donald Trump and has long been interested in Lockheed Martin's fighter. Also Read: Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing The estimated $24.3 billion sale would include 48 of the military aircraft and 49 ⁠Pratt & Whitney engines along with communications equipment, spare parts and other support items. Washington weighs weapons sales to the Middle East in a way that ensures Israel maintains a “qualitative military edge”, thereby ensuring that Israel gets more advanced US weapons than regional Arab states. The F-35 is built with stealth technology that allows it to evade enemy detection and is considered the world’s most advanced fighter jet. Saudis aims to modernise its air force, counter regional threats Saudi Arabia is the largest customer for US arms and has been seeking the fighter jet for years as it looks to modernise its air force and counter regional threats, particularly from Iran. The Saudi Air Force flies a mix of fighter aircraft, including Boeing F-15s, European Tornados and Typhoons. Also Read: US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order Trump has made arms sales to Saudi Arabia a priority since returning to office. In 2025, the United States agreed to sell the kingdom an arms package worth nearly $142 billion, which the White House called “the largest defence cooperation ⁠agreement” Washington has ever done. Saudi Arabia is pursuing ambitious economic and military modernisation plans under Crown Prince Mohammed bin Salman’s Vision 2030 agenda. US approves visas for Iranian representatives for UN General Assembly next week The Trump administration has approved visas for top Iranian officials, including the president and foreign minister, to attend the UN General Assembly high-level meeting in New York next week even as the two countries are locked in a stalemated war. The State Department said Thursday it had approved visas for Iran’s “core delegation” to participate in the UN meetings. The core delegation includes President Masoud Pezeshkian and Foreign Minister Abbas Araghchi. Also Read: China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report “Consistent with our host country obligations, the core delegation from the Iranian regime will be able to attend UN General Assembly High Level week. The delegation will be under travel restrictions and will face prohibitions on the purchase of luxury and other goods per our policy,” the statement said. Trump hails ‘major progress’ toward US Army base in Poland In a post on Truth Social, the president said there is “major progress” toward opening a US Army base in Poland. “GREAT NEWS! Thanks to the bold leadership of my friend, Karol Nawrocki, President of Poland, major progress is being made toward establishing a US Army base in Poland. If this happens, the location will be announced very soon. This will be a historic step for our Great US/Polish Alliance,” he wrote.

The deal will augment Saudi Arabia’s operational aircraft and enhance its air-to-air, and air-to-ground self-defence capability. This proposed sale will support the foreign policy and national security objectives of the US by improving the security of a major non-NATO ally.

US to sell 48 F-35 Lightning fighter jets to Saudi Arabia, help it deter threats

President Donald Trump said on Thursday that he is approaching a critical juncture in the Iran war and has to take a decision on whether to restart massive attacks in an effort to bring the conflict to a close.“I have a big decision coming up. Do I want to go in and annihilate them [the Iranian regime] or do I not? It’s a big decision. Anything could happen with me,” Trump told Axios.&nbsp;Though the US president has made similar threats earlier, his comments come ahead of a planned meeting with leaders from six Gulf countries on the sidelines of the UN General Assembly in New York on Tuesday.The meeting would be crucial in charting the next phase of the war, including whether to intensify military action or make another push for diplomacy. If Trump wants to resume major combat operations, he would need agreement of support from his regional allies.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/tata-trusts-chairman-noel-tata-calls-chandrasekaran-s-reappointment-illegal-rejects-tata-sons-listing-1789664770040">Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing</a>&nbsp;Trump has been repeatedly saying in recent days that the war will end soon. However, some US officials warn that the conflict has settled into an unsustainable, neither-war-nor-peace stalemate, and they believe Trump could return to major combat operations after the midterms if a deal isn’t reached by then.&nbsp;Trump made it clear that he wants to use the meeting at the UN to hear directly from regional allies about the war’s next steps.“I want to find out where they are and how they are doing. We have been very protective of them,” Trump said.The Gulf countries which will be participating in the meting are Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait and Oman.Trump refused to commit, whether he will decide on the path forward before or after the midterms.&nbsp;In early August, Trump held off on resuming major combat operations after Saudi Arabia and Qatar expressed concern that Iran would bomb Saudi oil and gas facilities in retaliation.&nbsp;Also Read: <a href="https://www.wionews.com/world/china-urges-iran-to-rein-in-houthis-after-saudi-arabia-s-appeal-for-help-report-1789657903169">China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report</a>&nbsp;Trump then suspended negotiations with Tehran and launched a new economic sanctions campaign, while continuing a naval blockade on Iranian ports and focusing the US military on reopening the Strait of Hormuz and increasing oil flow to the global energy market.&nbsp;The US military has significantly increased oil and gas tanker transit through the strait, but the traffic is still below pre-war levels, and consequently oil prices remain high.Trump further told Axios that he is very satisfied that the naval blockade has prevented Iran from exporting its oil. “Not one ship has gone to Iran since we started. They tried and we blew them up,” he said.The president added that Iran is in direct contact with the US and that the Iranians still want to reach a deal.&nbsp;Also Read: <a href="https://www.wionews.com/world/us-drone-firm-linked-to-trump-s-sons-signs-mou-with-pakistan-army-gets-initial-order-1789648161978">US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order</a>&nbsp;US officials say Trump and Secretary of Defence Pete Hegseth have ordered the military to maintain its level of forces in the Middle East until the end of the year and be ready for a potential return to full-scale combat.The officials say Trump will have to decide on the way forward soon, partly because the US military can’t stay in its current holding pattern much longer.&nbsp;“At some point you have to decide what is the end game,” said one official.&nbsp;The White House has also been working on a post-war regional strategy to contain Iran while expanding normalisation of relations between Israel and its neighbours.&nbsp;Notably, the Oct. 27 election in Israel and the US midterms in November will play a prominent role in shaping up the planning.

The US military has significantly increased oil and gas tanker transit through the strait, but the traffic is still below pre-war levels, and consequently oil prices remain high. President Trump said he is very satisfied that the naval blockade has prevented Iran from exporting its oil.

President Donald Trump said on Thursday that he is approaching a critical juncture in the Iran war and has to take a decision on whether to restart massive attacks in an effort to bring the conflict to a close. “I have a big decision coming up. Do I want to go in and annihilate them [the Iranian regime] or do I not? It’s a big decision. Anything could happen with me,” Trump told Axios. Though the US president has made similar threats earlier, his comments come ahead of a planned meeting with leaders from six Gulf countries on the sidelines of the UN General Assembly in New York on Tuesday. The meeting would be crucial in charting the next phase of the war, including whether to intensify military action or make another push for diplomacy. If Trump wants to resume major combat operations, he would need agreement of support from his regional allies. Also Read: Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing Trump has been repeatedly saying in recent days that the war will end soon. However, some US officials warn that the conflict has settled into an unsustainable, neither-war-nor-peace stalemate, and they believe Trump could return to major combat operations after the midterms if a deal isn’t reached by then. Trump made it clear that he wants to use the meeting at the UN to hear directly from regional allies about the war’s next steps. “I want to find out where they are and how they are doing. We have been very protective of them,” Trump said. The Gulf countries which will be participating in the meting are Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait and Oman. Trump refused to commit, whether he will decide on the path forward before or after the midterms. In early August, Trump held off on resuming major combat operations after Saudi Arabia and Qatar expressed concern that Iran would bomb Saudi oil and gas facilities in retaliation. Also Read: China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report Trump then suspended negotiations with Tehran and launched a new economic sanctions campaign, while continuing a naval blockade on Iranian ports and focusing the US military on reopening the Strait of Hormuz and increasing oil flow to the global energy market. The US military has significantly increased oil and gas tanker transit through the strait, but the traffic is still below pre-war levels, and consequently oil prices remain high. Trump further told Axios that he is very satisfied that the naval blockade has prevented Iran from exporting its oil. “Not one ship has gone to Iran since we started. They tried and we blew them up,” he said. The president added that Iran is in direct contact with the US and that the Iranians still want to reach a deal. Also Read: US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order US officials say Trump and Secretary of Defence Pete Hegseth have ordered the military to maintain its level of forces in the Middle East until the end of the year and be ready for a potential return to full-scale combat. The officials say Trump will have to decide on the way forward soon, partly because the US military can’t stay in its current holding pattern much longer. “At some point you have to decide what is the end game,” said one official. The White House has also been working on a post-war regional strategy to contain Iran while expanding normalisation of relations between Israel and its neighbours. Notably, the Oct. 27 election in Israel and the US midterms in November will play a prominent role in shaping up the planning.

The US military has significantly increased oil and gas tanker transit through the strait, but the traffic is still below pre-war levels, and consequently oil prices remain high. President Trump said he is very satisfied that the naval blockade has prevented Iran from exporting its oil.

‘I have a big decision coming up’: Trump says he’s approaching major ‘crossroad’ in Iran war

Ukraine plans to spend a record 4.9 trillion hryvnia (around $109 billion) on defence and security in 2027 as its war with Russia continues to put pressure on the country’s economy.&nbsp;The planned defence spending will account for nearly two-thirds of Ukraine’s total government expenditure next year and around 43.8% of its GDP, according to the draft budget. The allocation is the highest since the start of the full-scale war with Russia in 2022.&nbsp;The war has caused billions of dollars in destruction and placed heavy pressure on Ukraine’s finances. The country initially relied on its own revenues to fund defence spending but has increasingly turned to foreign partners to cover its growing needs.&nbsp;The Ukrainian government plans to seek an additional $52.6 billion in foreign aid next year, including funding from the International Monetary Fund and the World Bank.&nbsp;Kiyv's Finance Minister Sergiy Marchenko said the draft 2027 budget was prepared while Russian attacks continue and security and defence needs remain a priority.&nbsp;“This is unquestionably the government’s number one priority,” Marchenko said in a statement published on Tuesday. He added that all available domestic resources were being directed towards strengthening Ukraine’s ability to continue the war.&nbsp;Around one third of the planned defence spending will be used for soldiers’ wages. Most of the remaining funds will go towards weapons and military equipment, according to the government.For comparison, Russia has planned to spend around 13.6 trillion rubles, or about $161 billion, on defence in 2027. That would account for around 30% of its budget.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/tata-trusts-chairman-noel-tata-calls-chandrasekaran-s-reappointment-illegal-rejects-tata-sons-listing-1789664770040">Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing</a><h2>Zelensky warns of difficult measures</h2>Ukrainian President Volodymyr Zelensky warned parliament on Tuesday that lawmakers would have to approve “unpleasant and unpopular” measures to secure foreign financing.&nbsp;Among the measures is a proposed tax on foreign parcels. Zelensky said such steps were necessary to meet Ukraine’s defence requirements and maintain the country’s resilience.&nbsp;Ukraine has received around $200 billion in financing from foreign partners since the war began in 2022, in addition to billions of dollars in military assistance.&nbsp;Meanwhile, Turkey has proposed measures to Russia and Ukraine aimed at stopping attacks on civilian ships in Black Sea, AFP reported, citing a Turkish diplomat.&nbsp;The proposal comes after a rise in attacks on commercial vessels in the Black Sea in recent months, with drones frequently used in the attacks. Many of the vessels targeted were Turkish.&nbsp;A Turkish defence source said almost 90 ships were attacked in August alone. Turkey’s IMEAK Chamber of Shipping also said at least 22 Turkish-owned vessels were attacked between June and August 27.

Ukraine plans to spend a record $109 billion on defence and security in 2027, accounting for around 44% of its GDP, as the country seeks $53 billion in additional foreign aid amid its ongoing war with Russia.

Ukraine plans to spend a record 4.9 trillion hryvnia (around $109 billion) on defence and security in 2027 as its war with Russia continues to put pressure on the country’s economy. The planned defence spending will account for nearly two-thirds of Ukraine’s total government expenditure next year and around 43.8% of its GDP, according to the draft budget. The allocation is the highest since the start of the full-scale war with Russia in 2022. The war has caused billions of dollars in destruction and placed heavy pressure on Ukraine’s finances. The country initially relied on its own revenues to fund defence spending but has increasingly turned to foreign partners to cover its growing needs. The Ukrainian government plans to seek an additional $52.6 billion in foreign aid next year, including funding from the International Monetary Fund and the World Bank. Kiyv's Finance Minister Sergiy Marchenko said the draft 2027 budget was prepared while Russian attacks continue and security and defence needs remain a priority. “This is unquestionably the government’s number one priority,” Marchenko said in a statement published on Tuesday. He added that all available domestic resources were being directed towards strengthening Ukraine’s ability to continue the war. Around one third of the planned defence spending will be used for soldiers’ wages. Most of the remaining funds will go towards weapons and military equipment, according to the government. For comparison, Russia has planned to spend around 13.6 trillion rubles, or about $161 billion, on defence in 2027. That would account for around 30% of its budget. Also Read: Tata Trusts chairman Noel Tata calls Chandrasekaran’s reappointment ‘illegal’, rejects Tata Sons listing Zelensky warns of difficult measures Ukrainian President Volodymyr Zelensky warned parliament on Tuesday that lawmakers would have to approve “unpleasant and unpopular” measures to secure foreign financing. Among the measures is a proposed tax on foreign parcels. Zelensky said such steps were necessary to meet Ukraine’s defence requirements and maintain the country’s resilience. Ukraine has received around $200 billion in financing from foreign partners since the war began in 2022, in addition to billions of dollars in military assistance. Meanwhile, Turkey has proposed measures to Russia and Ukraine aimed at stopping attacks on civilian ships in Black Sea, AFP reported, citing a Turkish diplomat. The proposal comes after a rise in attacks on commercial vessels in the Black Sea in recent months, with drones frequently used in the attacks. Many of the vessels targeted were Turkish. A Turkish defence source said almost 90 ships were attacked in August alone. Turkey’s IMEAK Chamber of Shipping also said at least 22 Turkish-owned vessels were attacked between June and August 27.

Ukraine plans to spend a record $109 billion on defence and security in 2027, accounting for around 44% of its GDP, as the country seeks $53 billion in additional foreign aid amid its ongoing war with Russia.

Ukraine plans record $109 bn defence spending, nearly two thirds of budget amid Russia war

Iran-backed Houthis scored their biggest military victory in years as they swept through Yemen's Red Sea coastline. This has potentially put them in a strong position to call the shots in the Bab al-Mandeb Strait. Now, the Houthis' latest offensive has brought into the spotlight their elusive leader, Abdul Malik al-Houthi.After Israel killed the leaders of Hezbollah and Hamas, al-Houthi is seen as Iran's most prominent and resilient ally. During the course of the ongoing West Asia war, he has openly expressed support for Iran and threatened to join the hostilities.He rose to prominence in 2004 after assuming leadership of the group as his brother, Hussein al-Houthi, was killed by Yemeni security forces. Subsequently, he commanded the group in six rounds of war against the Yemeni government till 2010.In 2014, the group made its biggest move by seizing control of Yemen's capital, Sanaa. A year later, the UN Security Council imposed an arms embargo, asset freeze and travel ban on him. While he was designated as a terrorist by the US as well in January 2021, he was de-listed a month later.

<blockquote class="twitter-tweet" data-media-max-width="560"><a href="https://x.com/hashtag/Gravitas?src=hash&amp;ref_src=twsrc%5Etfw">#Gravitas</a> | Abdul Malik Al-Houthi in focus The Houthi leader driving the fight against Saudi Arabia<a href="https://x.com/MollyGambhir?ref_src=twsrc%5Etfw">@MollyGambhir</a> tells you more <a href="https://t.co/tDANDqNExk">pic.twitter.com/tDANDqNExk</a>&mdash; WION (@WIONews) <a href="https://x.com/WIONews/status/2100633401590272070?ref_src=twsrc%5Etfw">September 17, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

This group traces its origin back to the 1990s, when religious scholar and politician Hussein al-Houthi started voicing the interests of the Zaydi community, who felt marginalised in Yemen. Its initial focus was religious revival, education and resistance to what its supporters saw as growing Salafi influence and government corruption.While it later came to be known as 'Ansar Allah', or 'Supporters of God', the name Houthi stuck owing to its founder's contribution.So, how powerful are the Houthis?Over the years, they have built up a diverse arsenal, including ballistic missiles, cruise missiles, drones, anti-ship weapons and unmanned boats. The fact that even America is choosing not to directly enter into a conflict with them indicates the Iran-backed group's growing prowess.As the West Asia impasse lingers on and the Strait of Hormuz remains virtually closed, all eyes are on whether the Houthis will continue to allow free passage of ships through the Bab al-Mandeb Strait.

In 2014, the group made its biggest move by seizing control of Yemen's capital, Sanaa. A year later, the UN Security Council imposed an arms embargo, asset freeze and travel ban on him. 

Iran-backed Houthis scored their biggest military victory in years as they swept through Yemen's Red Sea coastline. This has potentially put them in a strong position to call the shots in the Bab al-Mandeb Strait. Now, the Houthis' latest offensive has brought into the spotlight their elusive leader, Abdul Malik al-Houthi. After Israel killed the leaders of Hezbollah and Hamas, al-Houthi is seen as Iran's most prominent and resilient ally. During the course of the ongoing West Asia war, he has openly expressed support for Iran and threatened to join the hostilities. He rose to prominence in 2004 after assuming leadership of the group as his brother, Hussein al-Houthi, was killed by Yemeni security forces. Subsequently, he commanded the group in six rounds of war against the Yemeni government till 2010. In 2014, the group made its biggest move by seizing control of Yemen's capital, Sanaa. A year later, the UN Security Council imposed an arms embargo, asset freeze and travel ban on him. While he was designated as a terrorist by the US as well in January 2021, he was de-listed a month later.

In 2014, the group made its biggest move by seizing control of Yemen's capital, Sanaa. A year later, the UN Security Council imposed an arms embargo, asset freeze and travel ban on him.&nbsp;

Abdul Malik al-Houthi: The leader driving the fight against Saudi | Gravitas

As Houthis tighten their grip over the Bab al-Mandeb Strait and continue to attack Saudi Arabia, Riyadh's woes are deepening.&nbsp;According to reports, Saudi Arabia is now running low on missile interceptors, and doubts are growing whether it will get advanced F-35 jets from America.&nbsp;In the latest from the battlefield, Saudi-backed Yemen armed forces released aerial footage of them targeting Houthi premises and equipment during strikes in several areas, including the port city of Mokha.&nbsp;Houthis also accused Saudi Arabia of conducting fresh strikes in Yemen earlier in the day.&nbsp;According to the group, Riyadh targeted three telecommunications towers in Taiz province and also struck the town of Abs.&nbsp;It claimed that three children were killed and several others were wounded.&nbsp;While Riyadh did not confirm these claims, it announced that a Houthi drone had been intercepted and destroyed in the city of Taif.&nbsp;However, the falling debris of this drone reportedly led to the death of a Yemeni resident and left a Saudi woman and a Pakistani national injured.&nbsp;Civilian buildings and vehicles were damaged as well.&nbsp;A day earlier, Houthis claimed to have shot down a Saudi F-15 fighter jet over Yemen's Marib province.&nbsp;Amid its battlefield reverses, a new report claimed that Saudi Arabia had reached out to France, UK, Pakistan and Egypt for emergency air defence support.&nbsp;The outreach was initiated reportedly as its key ally America's own stock of interceptor missiles, has dwindled over the course of the Iran war.&nbsp;<a href="https://www.wionews.com/videos/us-intel-warns-china-can-steal-f-35-jets-secret-from-saudis-1789673684934/embed">https://www.wionews.com/videos/us-intel-warns-china-can-steal-f-35-jets-secret-from-saudis-1789673684934/embed</a>&nbsp;&nbsp;This is not all.&nbsp;According to the New York Times, US intelligence officers have expressed concerns over possible Chinese espionage in connection with the potential sale of 48 F-35 fighter jets to Saudi Arabia, worth nearly 24 billion US dollars.&nbsp;In November 2025 itself, US President Donald Trump had hinted at an F-35 deal with Riyadh.&nbsp;However, a report reportedly prepared by Pentagon's defence intelligence agency raised the possibility of China acquiring F-35 jet technology through spying or its partnership with Saudi.&nbsp;Highlighting how Chinese military is helping Saudis build ballistic missiles and set up production facilities, the report cast aspersions on whether secure sites housing F-35 technology can be maintained.&nbsp;It also questioned whether Riyadh will agree to limit contact with Chinese military and remove equipment of Chinese tech firms from telecommunications and defence installations.&nbsp;Now, this is not the first time the US has proposed to sell these aircraft to its West Asian allies.&nbsp;In 2020, for instance, Trump agreed for a similar deal with UAE.&nbsp;However, the sale didn't go through, as US intelligence agencies raised concerns over UAE's growing ties with China back then.&nbsp;Apart from this, the report suggested that some Israeli officials have also opposed the deal.&nbsp;This is because Israel is the only country in West Asia at present which has F-35s, helping it maintain a qualitative military edge over others.&nbsp;But, why is F-35 so significant?&nbsp;It is considered as the world's most advanced and lethal fighter aircraft.&nbsp;This fifth-generation jet is very difficult for enemy air defence systems to detect.&nbsp;The aircraft is also packed with sensors, missiles and guided bombs.&nbsp;Flying at 1,900 kilometres per hour, its systems can detect threats, identify targets and share data with other aircraft and forces.&nbsp;As of now, it is used by 12 nations including US.&nbsp;&nbsp;With US and Pakistan already refusing to provide military help in the war against Houthis, Saudi Arabia faces an uphill task in the battle for the Bab al-Mandeb strait…

A report prepared by Pentagon's defence intelligence agency raised the possibility of China acquiring F-35 jet technology from Saudi Arabia. Tbe report highlighted how Chinese military is helping Saudis build ballistic missiles and set up production facilities.

As Houthis tighten their grip over the Bab al-Mandeb Strait and continue to attack Saudi Arabia, Riyadh's woes are deepening. According to reports, Saudi Arabia is now running low on missile interceptors, and doubts are growing whether it will get advanced F-35 jets from America. In the latest from the battlefield, Saudi-backed Yemen armed forces released aerial footage of them targeting Houthi premises and equipment during strikes in several areas, including the port city of Mokha. Houthis also accused Saudi Arabia of conducting fresh strikes in Yemen earlier in the day. According to the group, Riyadh targeted three telecommunications towers in Taiz province and also struck the town of Abs. It claimed that three children were killed and several others were wounded. While Riyadh did not confirm these claims, it announced that a Houthi drone had been intercepted and destroyed in the city of Taif. However, the falling debris of this drone reportedly led to the death of a Yemeni resident and left a Saudi woman and a Pakistani national injured. Civilian buildings and vehicles were damaged as well. A day earlier, Houthis claimed to have shot down a Saudi F-15 fighter jet over Yemen's Marib province. Amid its battlefield reverses, a new report claimed that Saudi Arabia had reached out to France, UK, Pakistan and Egypt for emergency air defence support. The outreach was initiated reportedly as its key ally America's own stock of interceptor missiles, has dwindled over the course of the Iran war. https://www.wionews.com/videos/us-intel-warns-china-can-steal-f-35-jets-secret-from-saudis-1789673684934/embed This is not all. According to the New York Times, US intelligence officers have expressed concerns over possible Chinese espionage in connection with the potential sale of 48 F-35 fighter jets to Saudi Arabia, worth nearly 24 billion US dollars. In November 2025 itself, US President Donald Trump had hinted at an F-35 deal with Riyadh. However, a report reportedly prepared by Pentagon's defence intelligence agency raised the possibility of China acquiring F-35 jet technology through spying or its partnership with Saudi. Highlighting how Chinese military is helping Saudis build ballistic missiles and set up production facilities, the report cast aspersions on whether secure sites housing F-35 technology can be maintained. It also questioned whether Riyadh will agree to limit contact with Chinese military and remove equipment of Chinese tech firms from telecommunications and defence installations. Now, this is not the first time the US has proposed to sell these aircraft to its West Asian allies. In 2020, for instance, Trump agreed for a similar deal with UAE. However, the sale didn't go through, as US intelligence agencies raised concerns over UAE's growing ties with China back then. Apart from this, the report suggested that some Israeli officials have also opposed the deal. This is because Israel is the only country in West Asia at present which has F-35s, helping it maintain a qualitative military edge over others. But, why is F-35 so significant? It is considered as the world's most advanced and lethal fighter aircraft. This fifth-generation jet is very difficult for enemy air defence systems to detect. The aircraft is also packed with sensors, missiles and guided bombs. Flying at 1,900 kilometres per hour, its systems can detect threats, identify targets and share data with other aircraft and forces. As of now, it is used by 12 nations including US. With US and Pakistan already refusing to provide military help in the war against Houthis, Saudi Arabia faces an uphill task in the battle for the Bab al-Mandeb strait…

A report prepared by Pentagon's defence intelligence agency raised the possibility of China acquiring F-35 jet technology from Saudi Arabia. Tbe report highlighted how Chinese military is helping Saudis build ballistic missiles and set up production facilities.

US intel warns China can steal F-35 jets secret from Saudis | Gravitas

Sweden's Prime Minister Ulf Kristersson has resigned after his right-wing bloc lost the general election narrowly to the centre-left opposition in the country's general election. He made the announcement in a post on the social media platform X on Thursday afternoon. The four-party leftist party bloc led by Magdalena Andersson of the Social Democrats emerged as a narrow winner with a margin of roughly 50,000 votes in a country of 10 million population. Andersson said that the Swedish people have voted for a new direction for the country.&nbsp;"Now it is the speaker who will lead the next stage of the way to a new government. I am herewith requesting that I be relieved of the office of prime minister to allow that work to start immediately," said Kristersson in the statement.&nbsp;In Sweden there are two major political blocs, with four parties on the right and four on the left, so Swedes are used to coalition and minority governments. The centre-left block secured 176 seats in the 349-seat Riksdag, Sweden's parliament; the outgoing four-party right-wing coalition won 173 seats.Also Read: <a href="https://www.wionews.com/world/fed-rate-hike-4-percent-india-rupee-fpi-stock-market-inflation-1789659953082">Fed hikes rates to 4%: Why India’s rupee, FPI and stock market face pressure</a>The Social Democrats have been the leading political force in the country since World War Two. Former Prime Minister Magdalena Andersson’s centre-left Social Democrats finished as the biggest single party, despite losing some support. She was Sweden's first female Prime Minister in 2021-2022 and was finance minister for seven years before that. But she still faces a huge task of bridging the ideological division between the four parties: the Social Democrats, the Left Party, the Greens Party and the Centre Party.Kristersson, in his resignation, mentioned that the opposition faced a "complicated" task of forming the government, "because the parties' various statements before election day could pose obstacles". It took 37 days to form a government in 2022 after the election, and it took 134 days in 2018.&nbsp;

Swedish PM Ulf Kristersson has resigned after the centre-left opposition won 176 seats against 173 for his bloc in the general election.

Sweden's Prime Minister Ulf Kristersson has resigned after his right-wing bloc lost the general election narrowly to the centre-left opposition in the country's general election. He made the announcement in a post on the social media platform X on Thursday afternoon. The four-party leftist party bloc led by Magdalena Andersson of the Social Democrats emerged as a narrow winner with a margin of roughly 50,000 votes in a country of 10 million population. Andersson said that the Swedish people have voted for a new direction for the country. "Now it is the speaker who will lead the next stage of the way to a new government. I am herewith requesting that I be relieved of the office of prime minister to allow that work to start immediately," said Kristersson in the statement. In Sweden there are two major political blocs, with four parties on the right and four on the left, so Swedes are used to coalition and minority governments. The centre-left block secured 176 seats in the 349-seat Riksdag, Sweden's parliament; the outgoing four-party right-wing coalition won 173 seats. Also Read: Fed hikes rates to 4%: Why India’s rupee, FPI and stock market face pressure The Social Democrats have been the leading political force in the country since World War Two. Former Prime Minister Magdalena Andersson’s centre-left Social Democrats finished as the biggest single party, despite losing some support. She was Sweden's first female Prime Minister in 2021-2022 and was finance minister for seven years before that. But she still faces a huge task of bridging the ideological division between the four parties: the Social Democrats, the Left Party, the Greens Party and the Centre Party. Kristersson, in his resignation, mentioned that the opposition faced a "complicated" task of forming the government, "because the parties' various statements before election day could pose obstacles". It took 37 days to form a government in 2022 after the election, and it took 134 days in 2018.

Swedish PM Ulf Kristersson has resigned after the centre-left opposition won 176 seats against 173 for his bloc in the general election.

Sweden PM Kristersson resigns after centre-left bloc narrowly wins election

A United Nations fact-finding mission on Iran said on Thursday (Sep 17) that it has found “reasonable grounds” to believe that US forces were responsible for two military strikes in Iran in February that amounted to war crimes, including a deadly attack on a primary school. The mission said the strikes targeted a school in Minab and a sports facility in Lamerd. Its findings are part of a report that will be presented to the UN Human Rights Council in Geneva. The mission also found that the Iranian authorities committed crimes against humanity during their crackdown against anti-government protests.The strike on Shajareh Tayyebeh Primary School in Minab killed more than 150 people, including around 120 children, according to Iranian officials. The UN mission said the school was a clearly identifiable civilian site and found no evidence that it was being used for military purposes.It concluded that the attack was indiscriminate and caused civilian deaths and damage to civilian infrastructure. The mission also said the failure to update targeting information and confirm the school was a military objective went beyond mere negligence.The report said: “Rather, the US directed the strikes at the building of the school while being aware of a substantial risk of striking a civilian object and acting recklessly as regards the possibility that this would happen.”The mission reached a similar conclusion about a strike on a sports centre in Lamerd, saying it damaged nearby homes and a school and killed or injured 22 civilians. US Central Command had previously said American forces did not conduct strikes in Lamerd on that day.<h2>Iran accused of crimes against humanity</h2>The UN mission also examined Iran’s response to anti-government protests that began in late December. It found what it described as a widespread and systematic attack on civilians, involving unlawful killings, torture, arbitrary detention, enforced disappearances and restrictions on freedom of expression.The mission said it could not independently verify the reported death toll but believed the number killed and injured was likely significantly higher than official figures of 3,038 deaths and 25,000 injuries.The report said the government’s response, including killings, internet shutdowns and use of the death penalty, represented a significant escalation in the suppression of dissent.UN fact-finding missions are investigative rather than judicial bodies. Their findings do not themselves launch criminal cases but can potentially be used in investigations by national courts or international tribunals.

A UN probe found “reasonable grounds” to believe US strikes in Iran amounted to war crimes, including the deadly Minab school attack. It also accused Iran of crimes against humanity.

A United Nations fact-finding mission on Iran said on Thursday (Sep 17) that it has found “reasonable grounds” to believe that US forces were responsible for two military strikes in Iran in February that amounted to war crimes, including a deadly attack on a primary school. The mission said the strikes targeted a school in Minab and a sports facility in Lamerd. Its findings are part of a report that will be presented to the UN Human Rights Council in Geneva. The mission also found that the Iranian authorities committed crimes against humanity during their crackdown against anti-government protests. The strike on Shajareh Tayyebeh Primary School in Minab killed more than 150 people, including around 120 children, according to Iranian officials. The UN mission said the school was a clearly identifiable civilian site and found no evidence that it was being used for military purposes. It concluded that the attack was indiscriminate and caused civilian deaths and damage to civilian infrastructure. The mission also said the failure to update targeting information and confirm the school was a military objective went beyond mere negligence. The report said: “Rather, the US directed the strikes at the building of the school while being aware of a substantial risk of striking a civilian object and acting recklessly as regards the possibility that this would happen.” The mission reached a similar conclusion about a strike on a sports centre in Lamerd, saying it damaged nearby homes and a school and killed or injured 22 civilians. US Central Command had previously said American forces did not conduct strikes in Lamerd on that day. Iran accused of crimes against humanity The UN mission also examined Iran’s response to anti-government protests that began in late December. It found what it described as a widespread and systematic attack on civilians, involving unlawful killings, torture, arbitrary detention, enforced disappearances and restrictions on freedom of expression. The mission said it could not independently verify the reported death toll but believed the number killed and injured was likely significantly higher than official figures of 3,038 deaths and 25,000 injuries. The report said the government’s response, including killings, internet shutdowns and use of the death penalty, represented a significant escalation in the suppression of dissent. UN fact-finding missions are investigative rather than judicial bodies. Their findings do not themselves launch criminal cases but can potentially be used in investigations by national courts or international tribunals.

A UN probe found “reasonable grounds” to believe US strikes in Iran amounted to war crimes, including the deadly Minab school attack. It also accused Iran of crimes against humanity.

Did US commit war crimes in Iran? UN probe flags deadly Minab school strike

The US Federal Reserve has raised interest rates by 25 basis points on Wednesday, September 16, 2026, for the first time since July 2023, following its unanimous 12-0 vote. The new Fed Chair Kevin Warsh raised the interest rate from 3.75 per cent to 4 per cent, and the impact is likely to be felt beyond the US, from rupee and bond yields to the Indian stock market and FPIs. This comes despite US President Donald Trump urging that the rates are too high, and specifically supporting Warsh to deliver a much-needed rate cut. According to the Fed's Summary of Economic Projections, 16 out of 18 officials project at least one more quarter-point rate hike by the end of 2026.<h2>Why did the Fed hike rates?</h2>On the surface, the explanation provided was inflation. US consumer inflation rose 0.4 per cent in August and 3.4 per cent over the last 12 months, well above the 2 per cent target. The Fed believes that the rate hike should bring inflation back towards its projected goal. The higher interest rates are expected to slow down demand by increasing borrowing costs. It is also likely to raise rate of mortgages, car loans and student loans.Also Read: <a href="https://www.wionews.com/india-news/congress-denies-mps-backed-upi-fee-finance-panel-report-1789653170824">Congress denies MPs backed UPI fee, calls it a 'news plantation economy'</a><h2>Will inflation drop?</h2>Even though the Fed cited inflation as the issue it is not related to a demand problem, but a supply shock. The Iran war has pushed oil prices well above $100 per barrel. Further, the AI build out itself has created massive asset bubbles. A few corporations are circulating capital among themselves, calling it revenue. It is hardly surprising AI CEOs are calling for a slowdown. Some officials described it as a serious concern, an inflation risk, alongside the energy shock. Officials framed the rate hike as trying to keep near-term price shocks from becoming a persistent inflation problem, not as a claim that hiking will bring gas prices down.Officials are also expecting to stop the elevated energy costs from bleeding into broader inflation expectations and wage-price spirals. Core CPI, which excludes food and energy prices, stood at 0.3 per cent for August and 2.4 per cent annually, which is elevated, meaning that inflation has already spilt over into other parts of the economy.&nbsp;<h2>What does it mean for the Indian rupee, dollar and FPI?&nbsp;</h2>The dollar has strengthened following the rate hike. It eased by 0.2 per cent after rising 0.7 per cent in the prior session. Other assets from developing economies are already feeling the heat. The rupee is flirting with the psychological 96-per-dollar level; it fell to an intraday low of 96.10 before staging a recovery to close flat at 95.89. Foreign Portfolio investment is also likely to drop as global investors find dollar-dominated assets more attractive. Overseas investors are aggressively hedging, as stop-loss orders are kicking in, which can keep pressure on the rupee even without fresh bad news. It is not just driven by the strength of the dollar; a double whammy with crude prices continuing above the psychological $100 mark. Sensex was volatile, with significant intraday swings and closing nearly flat, down marginally by 21.86 points.&nbsp;The dollar is seeming strong in the short term, but persistently high borrowing costs will push US debt even higher. The long-term prospect of $40 trillion in debt does not look good for Uncle Sam. The interest is already more than $1.2 trillion higher than the US defence budget. This financial burden of servicing it is unlike anything ever seen in history.Also Read: <a href="https://www.wionews.com/world/pakistan-mecca-defence-pact-houthi-drone-incident-saudi-arabia-1789648511839">Pakistan vows to honour Mecca defence pact after drone incident near holy city</a><h2>Rate hike looming for India</h2>The Fed's move was mirrored in the European Central Bank, which also raised interest rates by 25 basis points. Bank of Japan is also likely to follow with a rate hike to a 31-year high this Friday, September 18. With all major banks following the new regime, it is also imperative that the Reserve Bank of India revise its policy of holding rates. India has also seen CPI at 4.8 per cent for August, well above the target of 4 per cent, generalised for the third straight month. In fact, the minutes of the last MPC meeting point in that direction. The RBI has already announced Open Market Operations (OMO) sales to soak up the extra liquidity ahead of the festive season to align the Weighted Average Call Rate (WACR) with the policy repo rate.

The US Fed has raised rates to 4%, putting pressure on the rupee, FPIs and Indian stocks as crude prices and inflation remain elevated.

The US Federal Reserve has raised interest rates by 25 basis points on Wednesday, September 16, 2026, for the first time since July 2023, following its unanimous 12-0 vote. The new Fed Chair Kevin Warsh raised the interest rate from 3.75 per cent to 4 per cent, and the impact is likely to be felt beyond the US, from rupee and bond yields to the Indian stock market and FPIs. This comes despite US President Donald Trump urging that the rates are too high, and specifically supporting Warsh to deliver a much-needed rate cut. According to the Fed's Summary of Economic Projections, 16 out of 18 officials project at least one more quarter-point rate hike by the end of 2026. Why did the Fed hike rates? On the surface, the explanation provided was inflation. US consumer inflation rose 0.4 per cent in August and 3.4 per cent over the last 12 months, well above the 2 per cent target. The Fed believes that the rate hike should bring inflation back towards its projected goal. The higher interest rates are expected to slow down demand by increasing borrowing costs. It is also likely to raise rate of mortgages, car loans and student loans. Also Read: Congress denies MPs backed UPI fee, calls it a 'news plantation economy' Will inflation drop? Even though the Fed cited inflation as the issue it is not related to a demand problem, but a supply shock. The Iran war has pushed oil prices well above $100 per barrel. Further, the AI build out itself has created massive asset bubbles. A few corporations are circulating capital among themselves, calling it revenue. It is hardly surprising AI CEOs are calling for a slowdown. Some officials described it as a serious concern, an inflation risk, alongside the energy shock. Officials framed the rate hike as trying to keep near-term price shocks from becoming a persistent inflation problem, not as a claim that hiking will bring gas prices down. Officials are also expecting to stop the elevated energy costs from bleeding into broader inflation expectations and wage-price spirals. Core CPI, which excludes food and energy prices, stood at 0.3 per cent for August and 2.4 per cent annually, which is elevated, meaning that inflation has already spilt over into other parts of the economy. What does it mean for the Indian rupee, dollar and FPI? The dollar has strengthened following the rate hike. It eased by 0.2 per cent after rising 0.7 per cent in the prior session. Other assets from developing economies are already feeling the heat. The rupee is flirting with the psychological 96-per-dollar level; it fell to an intraday low of 96.10 before staging a recovery to close flat at 95.89. Foreign Portfolio investment is also likely to drop as global investors find dollar-dominated assets more attractive. Overseas investors are aggressively hedging, as stop-loss orders are kicking in, which can keep pressure on the rupee even without fresh bad news. It is not just driven by the strength of the dollar; a double whammy with crude prices continuing above the psychological $100 mark. Sensex was volatile, with significant intraday swings and closing nearly flat, down marginally by 21.86 points. The dollar is seeming strong in the short term, but persistently high borrowing costs will push US debt even higher. The long-term prospect of $40 trillion in debt does not look good for Uncle Sam. The interest is already more than $1.2 trillion higher than the US defence budget. This financial burden of servicing it is unlike anything ever seen in history. Also Read: Pakistan vows to honour Mecca defence pact after drone incident near holy city Rate hike looming for India The Fed's move was mirrored in the European Central Bank, which also raised interest rates by 25 basis points. Bank of Japan is also likely to follow with a rate hike to a 31-year high this Friday, September 18. With all major banks following the new regime, it is also imperative that the Reserve Bank of India revise its policy of holding rates. India has also seen CPI at 4.8 per cent for August, well above the target of 4 per cent, generalised for the third straight month. In fact, the minutes of the last MPC meeting point in that direction. The RBI has already announced Open Market Operations (OMO) sales to soak up the extra liquidity ahead of the festive season to align the Weighted Average Call Rate (WACR) with the policy repo rate.

The US Fed has raised rates to 4%, putting pressure on the rupee, FPIs and Indian stocks as crude prices and inflation remain elevated.

Fed hikes rates to 4%: Why India’s rupee, FPI and stock market face pressure

While missile and drone attacks have dominated the protracted Iran war, cyberwar is emerging as a new battlefield. After suffering damage to its military bases across West Asia, the US is now probing whether Iran launched cyberattacks on oil tankers.&nbsp;On August 21 and 24, a team of cyber experts from the FBI and US Coast Guard boarded two foreign-flagged commercial oil tankers in the Gulf of Mexico that were heading to Texas. The agencies had received complaints about network breaches on the vessels.&nbsp;After assessing the potential harm to the ships, the teams did not detect any operational disruption or physical danger to the crews. However, Rear Admiral Amy Grable, who heads the US Coast Guard's cyber command, told CBS News that investigators did find evidence of malicious cyber activity.&nbsp;While the US has not directly blamed Iran, Iran's Mehr News Agency reported a cyberattack on one of the vessels, VL Prosperity, on August 20.&nbsp;VL Prosperity is a supertanker capable of carrying roughly 2.3 million barrels of oil. It departed from Egypt's Sidi Kerir port on August 1.&nbsp;According to Mehr News Agency, the vessel was targeted in a major cyberattack in the Strait of Gibraltar on August 7. The report claimed that hackers infiltrated the vessel's engine room systems.The hackers allegedly reduced the engine's cooling flow, increased the engine speed and disabled its fuel and engine oil tank systems. Crucially, the report claimed that all communications on the vessel were cut off for around 30 hours.&nbsp;However, the report did not identify who was responsible for the attack.&nbsp;Modern commercial vessels increasingly rely on internet-connected systems for navigation, propulsion and steering. A successful cyberattack could potentially cause a vessel to block a waterway, trigger a pollution incident or create security hazards for ports and waterways.&nbsp;Even a relatively small disruption can have a major economic impact, given the importance of commercial shipping and oil supplies.&nbsp;Also Read: <a href="https://www.wionews.com/world/china-urges-iran-to-rein-in-houthis-after-saudi-arabia-s-appeal-for-help-report-1789657903169">China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report</a>&nbsp;American agencies, including the FBI, have also issued advisories warning critical infrastructure stakeholders about alleged Iranian-affiliated cyber hacking activity.&nbsp;According to the agencies, these threats pose a serious concern to America's drinking water and wastewater systems, as well as sectors that rely on them.&nbsp;In July this year, more than 30 community water systems in Minnesota were targeted in a coordinated cyberattack. Subsequently, the FBI warned that cyberattacks had been reported in at least seven US states and had degraded water operations.&nbsp;According to reports, US agencies are probing a possible Iranian connection to these attacks.It remains to be seen what steps the US can take to minimise the risk of such incidents and protect critical infrastructure from potential cyberattacks.

The US is investigating possible Iranian-linked cyberattacks on commercial oil tankers after cyber experts found evidence of malicious activity on two vessels heading to Texas.

While missile and drone attacks have dominated the protracted Iran war, cyberwar is emerging as a new battlefield. After suffering damage to its military bases across West Asia, the US is now probing whether Iran launched cyberattacks on oil tankers. On August 21 and 24, a team of cyber experts from the FBI and US Coast Guard boarded two foreign-flagged commercial oil tankers in the Gulf of Mexico that were heading to Texas. The agencies had received complaints about network breaches on the vessels. After assessing the potential harm to the ships, the teams did not detect any operational disruption or physical danger to the crews. However, Rear Admiral Amy Grable, who heads the US Coast Guard's cyber command, told CBS News that investigators did find evidence of malicious cyber activity. While the US has not directly blamed Iran, Iran's Mehr News Agency reported a cyberattack on one of the vessels, VL Prosperity, on August 20. VL Prosperity is a supertanker capable of carrying roughly 2.3 million barrels of oil. It departed from Egypt's Sidi Kerir port on August 1. According to Mehr News Agency, the vessel was targeted in a major cyberattack in the Strait of Gibraltar on August 7. The report claimed that hackers infiltrated the vessel's engine room systems. The hackers allegedly reduced the engine's cooling flow, increased the engine speed and disabled its fuel and engine oil tank systems. Crucially, the report claimed that all communications on the vessel were cut off for around 30 hours. However, the report did not identify who was responsible for the attack. Modern commercial vessels increasingly rely on internet-connected systems for navigation, propulsion and steering. A successful cyberattack could potentially cause a vessel to block a waterway, trigger a pollution incident or create security hazards for ports and waterways. Even a relatively small disruption can have a major economic impact, given the importance of commercial shipping and oil supplies. Also Read: China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report American agencies, including the FBI, have also issued advisories warning critical infrastructure stakeholders about alleged Iranian-affiliated cyber hacking activity. According to the agencies, these threats pose a serious concern to America's drinking water and wastewater systems, as well as sectors that rely on them. In July this year, more than 30 community water systems in Minnesota were targeted in a coordinated cyberattack. Subsequently, the FBI warned that cyberattacks had been reported in at least seven US states and had degraded water operations. According to reports, US agencies are probing a possible Iranian connection to these attacks. It remains to be seen what steps the US can take to minimise the risk of such incidents and protect critical infrastructure from potential cyberattacks.

The US is investigating possible Iranian-linked cyberattacks on commercial oil tankers after cyber experts found evidence of malicious activity on two vessels heading to Texas.

US fears Iranians launched cyberattacks on oil tankers | Gravitas

President Donald Trump was seen holding a depiction referring to the demolition of Washington’s John F. Kennedy Center for the Performing Arts, days after a federal judge blocked his board’s attempt to put his name on the building.&nbsp;An AFP photographer captured the image on Wednesday at Joint Base Andrews. Trump was seen through the windows of Air Force One holding a placard with red text that read: “Kennedy Center DEMOLIS...” The rest of the word was hidden by the plane’s window frame.&nbsp;Below the text was a large image showing a yellow construction vehicle removing rubble from a demolished building. The image drew attention after Trump repeatedly spoke about the possibility of tearing down the Kennedy Center.&nbsp;Also Read: <a href="https://www.wionews.com/world/china-urges-iran-to-rein-in-houthis-after-saudi-arabia-s-appeal-for-help-report-1789657903169">China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report</a><h2>Trump holds demolition image</h2>The photograph came shortly after Trump’s board at the Kennedy Center faced a legal setback over its plans to add his name to the building.&nbsp;On September 15, US District Judge Christopher Cooper ruled that the Kennedy Center board could not put up a new sign carrying Trump’s name without approval from Congress. The ruling came after the board attempted to introduce a new sign despite an earlier court order.&nbsp;The board, which Trump has filled with his supporters, had planned to install a sign stating that the building was “renovated and restored by President Donald J. Trump”.&nbsp;Cooper said the plan violated his earlier order, which required Trump’s name to be removed from the outside of the Kennedy Center.<h2>Kennedy Center faces closure</h2>Meanwhile, fencing was put up around the Kennedy Center’s main building on Wednesday, a day after the Trump-aligned board voted to close most of the performing arts centre for repairs.&nbsp;Trump has said the closure is needed to address safety issues. Congress has allocated $257 million for repairs at the centre.&nbsp;However, Trump has also said the repairs would only move ahead if the board is allowed to proceed with plans to add his name to the building.&nbsp;The latest developments come amid the continuing dispute over Trump’s effort to have his name added to the Kennedy Center, which was named after former US President John F. Kennedy.

A photo showing President Donald Trump holding a sign referring to the demolition of the Kennedy Center has drawn attention days after a federal judge blocked his board’s plan to add his name to the building.

President Donald Trump was seen holding a depiction referring to the demolition of Washington’s John F. Kennedy Center for the Performing Arts, days after a federal judge blocked his board’s attempt to put his name on the building. An AFP photographer captured the image on Wednesday at Joint Base Andrews. Trump was seen through the windows of Air Force One holding a placard with red text that read: “Kennedy Center DEMOLIS...” The rest of the word was hidden by the plane’s window frame. Below the text was a large image showing a yellow construction vehicle removing rubble from a demolished building. The image drew attention after Trump repeatedly spoke about the possibility of tearing down the Kennedy Center. Also Read: China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report Trump holds demolition image The photograph came shortly after Trump’s board at the Kennedy Center faced a legal setback over its plans to add his name to the building. On September 15, US District Judge Christopher Cooper ruled that the Kennedy Center board could not put up a new sign carrying Trump’s name without approval from Congress. The ruling came after the board attempted to introduce a new sign despite an earlier court order. The board, which Trump has filled with his supporters, had planned to install a sign stating that the building was “renovated and restored by President Donald J. Trump”. Cooper said the plan violated his earlier order, which required Trump’s name to be removed from the outside of the Kennedy Center. Kennedy Center faces closure Meanwhile, fencing was put up around the Kennedy Center’s main building on Wednesday, a day after the Trump-aligned board voted to close most of the performing arts centre for repairs. Trump has said the closure is needed to address safety issues. Congress has allocated $257 million for repairs at the centre. However, Trump has also said the repairs would only move ahead if the board is allowed to proceed with plans to add his name to the building. The latest developments come amid the continuing dispute over Trump’s effort to have his name added to the Kennedy Center, which was named after former US President John F. Kennedy.

A photo showing President Donald Trump holding a sign referring to the demolition of the Kennedy Center has drawn attention days after a federal judge blocked his board’s plan to add his name to the building.

Trump seen holding Kennedy Center demolition image after court blocks name plan

A video from the BRICS Summit 2026 in New Delhi went viral on social media, showing Indian Prime Minister Narendra Modi asking Chinese President Xi Jinping, “Is it okay?” Several media reports claimed that PM Modi asked Xi the question because the Chinese president appeared uncomfortable during the summit and did not feel well. Meanwhile, several social media posts and reports claimed that many world leaders who attended the high-stakes summit in New Delhi fell ill after their India visit. However, the Indian Ministry of External Affairs has fact-checked the claims. WION explains what really happened at the BRICS Summit on September 12 and 13.<h2>What did media reports, social media posts claim?</h2>Media reports claimed that the Chinese president appeared uncomfortable right before PM Modi announced the official opening of the BRICS Summit 2026. In a video shared widely on social media, in which Xi is not visible, PM Modi can be seen pausing his speech and checking on the Chinese leader. “Is it okay?” he asks. After a brief pause, PM Modi continues his BRICS address. According to media reports, Xi was also absent from the gala dinner hosted by PM Modi on the night of September 12. In the videos, PM Modi, Russian President Vladimir Putin, and other leaders were seen arriving for the dinner, but Xi was not seen.The speculation later broadened beyond Xi. Reports and social media posts claimed that South African President Cyril Ramaphosa had also fallen ill after the summit, with some posts suggesting that multiple leaders had been affected during or after their India visit.<h2>Fact check: What really happened at BRICS Summit 2026?</h2>After the viral claims, a new video has emerged from Russian state broadcaster Rossiya 1, which captures the Modi-Xi ‘is it okay?’ moment from a different angle. The alternate footage does not show Xi appearing visibly unwell. Instead, officials can be seen attending to what appears to be an issue with his translation earpiece. It is then that PM Modi pauses his speech and asks Xi whether ‘it was okay’, possibly asking if the technical problem was resolved rather than asking about his health.

<blockquote class="twitter-tweet">Claims that Xi Jinping fainted or had a stroke at the BRICS Summit in New Delhi turned out to be fake. India&#39;s MEA issued an official &quot;Fake Alert&quot;, calling the posts &quot;malicious.&quot; The rumors originated from a Chinese exile opposition figure and spread after Xi skipped a gala… <a href="https://t.co/UXG8Kdyecd">pic.twitter.com/UXG8Kdyecd</a>&mdash; Clash Report (@clashreport) <a href="https://x.com/clashreport/status/2100564067777650908?ref_src=twsrc%5Etfw">September 17, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

Meanwhile, the MEA debunked the reports of world leaders falling ill at the summit as “misleading” and “malicious”. In a post on X, the ministry urged people to remain cautious against such social media claims and reports.“Misleading! We caution against such malicious posts on social media platforms!” the MEA said on X.

<blockquote class="twitter-tweet">⚠️ Misleading! We caution against such malicious posts on social media platforms! <a href="https://t.co/YvsNEQ3Jy2">pic.twitter.com/YvsNEQ3Jy2</a>&mdash; MEA FactCheck (@MEAFactCheck) <a href="https://x.com/MEAFactCheck/status/2100458620978868383?ref_src=twsrc%5Etfw">September 17, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

PM Modi’s interaction with Xi Jinping at the BRICS Summit 2026 went viral, alongside claims about leaders falling ill after the New Delhi summit. A separate video offered a new perspective on the moment. Here’s what we know.

A video from the BRICS Summit 2026 in New Delhi went viral on social media, showing Indian Prime Minister Narendra Modi asking Chinese President Xi Jinping, “Is it okay?” Several media reports claimed that PM Modi asked Xi the question because the Chinese president appeared uncomfortable during the summit and did not feel well. Meanwhile, several social media posts and reports claimed that many world leaders who attended the high-stakes summit in New Delhi fell ill after their India visit. However, the Indian Ministry of External Affairs has fact-checked the claims. WION explains what really happened at the BRICS Summit on September 12 and 13. What did media reports, social media posts claim? Media reports claimed that the Chinese president appeared uncomfortable right before PM Modi announced the official opening of the BRICS Summit 2026. In a video shared widely on social media, in which Xi is not visible, PM Modi can be seen pausing his speech and checking on the Chinese leader. “Is it okay?” he asks. After a brief pause, PM Modi continues his BRICS address. According to media reports, Xi was also absent from the gala dinner hosted by PM Modi on the night of September 12. In the videos, PM Modi, Russian President Vladimir Putin, and other leaders were seen arriving for the dinner, but Xi was not seen. The speculation later broadened beyond Xi. Reports and social media posts claimed that South African President Cyril Ramaphosa had also fallen ill after the summit, with some posts suggesting that multiple leaders had been affected during or after their India visit. Fact check: What really happened at BRICS Summit 2026? After the viral claims, a new video has emerged from Russian state broadcaster Rossiya 1, which captures the Modi-Xi ‘is it okay?’ moment from a different angle. The alternate footage does not show Xi appearing visibly unwell. Instead, officials can be seen attending to what appears to be an issue with his translation earpiece. It is then that PM Modi pauses his speech and asks Xi whether ‘it was okay’, possibly asking if the technical problem was resolved rather than asking about his health.

PM Modi’s interaction with Xi Jinping at the BRICS Summit 2026 went viral, alongside claims about leaders falling ill after the New Delhi summit. A separate video offered a new perspective on the moment. Here’s what we know.

FACT CHECK: Why did PM Modi ask Xi ‘is it okay’ at BRICS Summit? New video reveals...

China is reported to have confidentially asked Tehran to use its influence over Yemen’s Houthis to help rein in the Iran-backed group after Saudi Arabia appealed to Beijing for help, reported Reuters, citing three Iranian sources familiar with the matter.&nbsp;The Saudi appeal followed rapid advances by the Houthis along Yemen’s Red Sea coast and around the Bab el-Mandeb Strait in the past week, leaving Riyadh’s oil exports and shipping more exposed, the sources said.&nbsp;&nbsp;The Houthis emerged in the 1990s in opposition to Saudi Arabia’s Sunni religious influence in Yemen and are armed, trained and funded by Iran. They form part of Tehran’s anti-Western, anti-Israel “Axis of Resistance”.&nbsp;Also Read: <a href="https://www.wionews.com/world/us-drone-firm-linked-to-trump-s-sons-signs-mou-with-pakistan-army-gets-initial-order-1789648161978">US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order</a>&nbsp;China has publicly also called for restraint, dialogue and the restoration of safe navigation. But its private message to Tehran went further, as Beijing asked Iran to help prevent the conflict from spreading across energy routes on which China, the world’s second-largest economy, depends.&nbsp;&nbsp;The Iranian sources did not reveal how the message was delivered or whether it was conveyed during Iranian foreign minister Abbas Araqchi’s visit to China on Wednesday.&nbsp;They just said that Tehran said in response that stability and peace in the region depend on ending the US-Israeli war on Iran.&nbsp;Chinese officials did not issue any explicit threat or indicate that Beijing would impose economic pressure on Tehran if it failed to use its influence over the Houthis.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/us-treasury-rallies-global-financial-institutions-for-op-economic-outcast-to-isolate-iran-1789588781387">US Treasury rallies global financial institutions for Op Economic Outcast to isolate Iran</a>&nbsp;In response to a Reuters request for comment, China’s foreign ministry said, “China does not wish to see regional tensions further spill over into Yemen and the Red Sea. Escalating regional instability is not in the interests of any party.”&nbsp;&nbsp;“The sovereignty and security of all countries should be respected, and facilities vital to people's livelihoods must not be targeted. China calls for an end to actions that further complicate the situation and urges resolving issues through dialogue and negotiation,” it added.&nbsp;&nbsp;China has been Iran’s largest trading partner for more than a decade and remains its main buyer of oil. Chinese purchases accounted for more than 80% of Iran’s seaborne oil exports in 2025, averaging about 1.4 million barrels per day.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/world/fed-raises-rates-for-first-time-in-3-years-kevin-warsh-defies-trump-as-inflation-mounts-1789583250156">Fed raises rates for first time in 3 years, Kevin Warsh defies Trump as inflation mounts</a>&nbsp;The Houthi attacks on Saudi Arabia have added another pressure point to an energy market already disrupted by the wider war. The Strait of Hormuz has been effectively shut since Iran began blocking the waterway, while sustained Houthi attacks on vessels or ports in the Red Sea could disrupt another major route for Middle Eastern oil exports.&nbsp;&nbsp;Besides, a prolonged closure of Saudi Arabia’s East-West oil pipeline could affect as much as 4% of global oil supply.&nbsp;&nbsp;Oil prices fell in early Thursday trade after reports that Saudi Arabia was offering additional crude cargoes through Oman.&nbsp;&nbsp;China has demonstrated diplomatic influence in the region before, when in 2023, it brokered an agreement that restored diplomatic ties between Iran and Saudi Arabia after years of hostility.

China has been Iran’s largest trading partner for more than a decade and remains its main buyer of oil. Chinese purchases accounted for more than 80% of Iran’s seaborne oil exports in 2025, averaging about 1.4 million barrels per day. 

China is reported to have confidentially asked Tehran to use its influence over Yemen’s Houthis to help rein in the Iran-backed group after Saudi Arabia appealed to Beijing for help, reported Reuters, citing three Iranian sources familiar with the matter. The Saudi appeal followed rapid advances by the Houthis along Yemen’s Red Sea coast and around the Bab el-Mandeb Strait in the past week, leaving Riyadh’s oil exports and shipping more exposed, the sources said. The Houthis emerged in the 1990s in opposition to Saudi Arabia’s Sunni religious influence in Yemen and are armed, trained and funded by Iran. They form part of Tehran’s anti-Western, anti-Israel “Axis of Resistance”. Also Read: US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order China has publicly also called for restraint, dialogue and the restoration of safe navigation. But its private message to Tehran went further, as Beijing asked Iran to help prevent the conflict from spreading across energy routes on which China, the world’s second-largest economy, depends. The Iranian sources did not reveal how the message was delivered or whether it was conveyed during Iranian foreign minister Abbas Araqchi’s visit to China on Wednesday. They just said that Tehran said in response that stability and peace in the region depend on ending the US-Israeli war on Iran. Chinese officials did not issue any explicit threat or indicate that Beijing would impose economic pressure on Tehran if it failed to use its influence over the Houthis. Also Read: US Treasury rallies global financial institutions for Op Economic Outcast to isolate Iran In response to a Reuters request for comment, China’s foreign ministry said, “China does not wish to see regional tensions further spill over into Yemen and the Red Sea. Escalating regional instability is not in the interests of any party.” “The sovereignty and security of all countries should be respected, and facilities vital to people's livelihoods must not be targeted. China calls for an end to actions that further complicate the situation and urges resolving issues through dialogue and negotiation,” it added. China has been Iran’s largest trading partner for more than a decade and remains its main buyer of oil. Chinese purchases accounted for more than 80% of Iran’s seaborne oil exports in 2025, averaging about 1.4 million barrels per day. Also Read: Fed raises rates for first time in 3 years, Kevin Warsh defies Trump as inflation mounts The Houthi attacks on Saudi Arabia have added another pressure point to an energy market already disrupted by the wider war. The Strait of Hormuz has been effectively shut since Iran began blocking the waterway, while sustained Houthi attacks on vessels or ports in the Red Sea could disrupt another major route for Middle Eastern oil exports. Besides, a prolonged closure of Saudi Arabia’s East-West oil pipeline could affect as much as 4% of global oil supply. Oil prices fell in early Thursday trade after reports that Saudi Arabia was offering additional crude cargoes through Oman. China has demonstrated diplomatic influence in the region before, when in 2023, it brokered an agreement that restored diplomatic ties between Iran and Saudi Arabia after years of hostility.

China has been Iran’s largest trading partner for more than a decade and remains its main buyer of oil. Chinese purchases accounted for more than 80% of Iran’s seaborne oil exports in 2025, averaging about 1.4 million barrels per day.&nbsp;

China urges Iran to rein in Houthis after Saudi Arabia’s appeal for help: Report

Indian Prime Minister Narendra Modi on Thursday (Sep 17) said the adoption of the New Delhi Declaration at the recently concluded BRICS Summit was a sign of the world’s growing trust in India. Speaking at SEMICON India 2026, Modi linked the consensus on the joint declaration with India’s growing influence on global platforms, while also highlighting the country’s latest economic growth figures.“On one hand, India’s economy is growing. On the other, the world’s trust in India is also increasing,” Modi said. He pointed to India’s 7.8 per cent GDP growth during a challenging period and said the country’s sovereign rating had also been upgraded by a Japanese credit rating agency.“Friends, another major picture of this trust was seen at the BRICS Summit, which concluded three days ago. India successfully hosted the summit, and the adoption of the New Delhi Declaration with everyone’s consensus is another major testament to the world’s trust in India,” he said.<h2>What happened at the BRICS Summit?</h2>India hosted the 18th BRICS Summit in New Delhi on September 12 and 13 under the theme, “Building for Resilience, Innovation, Cooperation and Sustainability”. Several world leaders attended the summit, including Russian President Vladimir Putin, Chinese President Xi Jinping, Iranian President Masoud Pezeshkian and South African President Cyril Ramaphosa.The summit concluded with the adoption of the New Delhi Declaration on September 12. The document laid out common positions among BRICS members on a range of international issues, including the war in West Asia, artificial intelligence and tariffs.<h2>What does the New Delhi Declaration say?</h2>The declaration also condemned the 2025 Pahalgam terror attack, which killed 26 civilians and contributed to a deterioration in ties between India and Pakistan. The BRICS countries reaffirmed their commitment to combating terrorism in “all its forms and manifestations”.

PM Modi highlighted the unanimous adoption of the BRICS New Delhi Declaration and 7.8 per cent GDP growth as evidence of rising global trust in India's leadership, economy, and counter-terrorism stance.

Indian Prime Minister Narendra Modi on Thursday (Sep 17) said the adoption of the New Delhi Declaration at the recently concluded BRICS Summit was a sign of the world’s growing trust in India. Speaking at SEMICON India 2026, Modi linked the consensus on the joint declaration with India’s growing influence on global platforms, while also highlighting the country’s latest economic growth figures. “On one hand, India’s economy is growing. On the other, the world’s trust in India is also increasing,” Modi said. He pointed to India’s 7.8 per cent GDP growth during a challenging period and said the country’s sovereign rating had also been upgraded by a Japanese credit rating agency. “Friends, another major picture of this trust was seen at the BRICS Summit, which concluded three days ago. India successfully hosted the summit, and the adoption of the New Delhi Declaration with everyone’s consensus is another major testament to the world’s trust in India,” he said. What happened at the BRICS Summit? India hosted the 18th BRICS Summit in New Delhi on September 12 and 13 under the theme, “Building for Resilience, Innovation, Cooperation and Sustainability”. Several world leaders attended the summit, including Russian President Vladimir Putin, Chinese President Xi Jinping, Iranian President Masoud Pezeshkian and South African President Cyril Ramaphosa. The summit concluded with the adoption of the New Delhi Declaration on September 12. The document laid out common positions among BRICS members on a range of international issues, including the war in West Asia, artificial intelligence and tariffs. What does the New Delhi Declaration say? The declaration also condemned the 2025 Pahalgam terror attack, which killed 26 civilians and contributed to a deterioration in ties between India and Pakistan. The BRICS countries reaffirmed their commitment to combating terrorism in “all its forms and manifestations”.

PM Modi highlighted the unanimous adoption of the BRICS New Delhi Declaration and 7.8 per cent GDP growth as evidence of rising global trust in India's leadership, economy, and counter-terrorism stance.

‘World’s trust in India is increasing’: PM Modi hails unanimous adoption of BRICS New Delhi Declaration

President Donald Trump will give Chinese President Xi Jinping a rare honour when he arrives in Washington next week for a state visit, with Trump set to personally greet him at the airport, AFP reported citing a US official.&nbsp;Xi is expected to arrive next Wednesday at around 4 pm local time, with Trump scheduled to attend his welcome ceremony at the military airbase. The airport greeting is a rare gesture for a visiting foreign leader.The visit comes as relations between the world’s two largest economies remain strained by trade disputes and differences over Taiwan, the South China Sea and the war in West Asia. However, the two leaders have continued high-level engagement despite these differences.&nbsp;Trump visited Beijing from May 13 to 15, 2026, where he met Xi for talks on bilateral ties and other global issues. It was Trump’s second visit to China and his first during his second presidential term.<h3>US sanctions bill adds to tensions</h3>Xi’s visit also comes days after the US Congress passed the controversial Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The legislation allows President Donald Trump discretionary authority to impose tariffs of up to 100 per cent on imports from the top five buyers of Russian crude oil and natural gas, a list led by India and China.&nbsp;Beijing has described the legislation as a US effort to pressure countries buying Russian oil and gas. China said its normal trade with other countries should not be subject to interference or coercion by third parties.&nbsp;Chinese Foreign Ministry spokesperson Guo Jiakun said Beijing opposes sanctions that do not have a basis in international law or authorisation from the UN Security Council.&nbsp;“China consistently opposes long-arm jurisdiction that lacks a basis in international law and is not authorised by the United Nations Security Council,” Guo said at a media briefing.<h3>China voices support for Iran</h3>Meanwhile, Chinese Foreign Minister Wang Yi said Beijing was willing to “safeguard” Iran’s rights during talks with his counterpart Abbas Araghchi on Wednesday, as tensions between Tehran and Washington continue.&nbsp;China is “willing to strengthen dialogue and cooperation with Iran, and safeguard Iran’s legitimate rights and interests”, Wang told Araghchi as they met in the Chinese capital.&nbsp;The United States remains engaged in an escalating conflict with the Islamic Republic, which has spilled into the wider Middle East and pushed energy prices above $100, causing significant disruption to the global economy.&nbsp;The conflict was triggered on February 28 when US-Israeli forces launched strikes on Iran, killing top leaders of the Islamic Republic.

US President Donald Trump is set to personally welcome Chinese President Xi Jinping at the airport next week as their talks come amid trade tensions, a new US sanctions bill targeting Russian energy buyers and China’s efforts to mediate in the Iran-US conflict.

President Donald Trump will give Chinese President Xi Jinping a rare honour when he arrives in Washington next week for a state visit, with Trump set to personally greet him at the airport, AFP reported citing a US official. Xi is expected to arrive next Wednesday at around 4 pm local time, with Trump scheduled to attend his welcome ceremony at the military airbase. The airport greeting is a rare gesture for a visiting foreign leader. The visit comes as relations between the world’s two largest economies remain strained by trade disputes and differences over Taiwan, the South China Sea and the war in West Asia. However, the two leaders have continued high-level engagement despite these differences. Trump visited Beijing from May 13 to 15, 2026, where he met Xi for talks on bilateral ties and other global issues. It was Trump’s second visit to China and his first during his second presidential term. US sanctions bill adds to tensions Xi’s visit also comes days after the US Congress passed the controversial Lindsey O. Graham Sanctioning Russia and Iran Act of 2026. The legislation allows President Donald Trump discretionary authority to impose tariffs of up to 100 per cent on imports from the top five buyers of Russian crude oil and natural gas, a list led by India and China. Beijing has described the legislation as a US effort to pressure countries buying Russian oil and gas. China said its normal trade with other countries should not be subject to interference or coercion by third parties. Chinese Foreign Ministry spokesperson Guo Jiakun said Beijing opposes sanctions that do not have a basis in international law or authorisation from the UN Security Council. “China consistently opposes long-arm jurisdiction that lacks a basis in international law and is not authorised by the United Nations Security Council,” Guo said at a media briefing. China voices support for Iran Meanwhile, Chinese Foreign Minister Wang Yi said Beijing was willing to “safeguard” Iran’s rights during talks with his counterpart Abbas Araghchi on Wednesday, as tensions between Tehran and Washington continue. China is “willing to strengthen dialogue and cooperation with Iran, and safeguard Iran’s legitimate rights and interests”, Wang told Araghchi as they met in the Chinese capital. The United States remains engaged in an escalating conflict with the Islamic Republic, which has spilled into the wider Middle East and pushed energy prices above $100, causing significant disruption to the global economy. The conflict was triggered on February 28 when US-Israeli forces launched strikes on Iran, killing top leaders of the Islamic Republic.

US President Donald Trump is set to personally welcome Chinese President Xi Jinping at the airport next week as their talks come amid trade tensions, a new US sanctions bill targeting Russian energy buyers and China’s efforts to mediate in the Iran-US conflict.

Trump’s rare gesture for Xi: US president to personally welcome Chinese leader at airport

Pakistan's Defence Minister Khawja Asif on Wednesday said that the country was ready to fulfil its obligation under the Mecca Defence Agreement with Saudi Arabia and Turkey following what Riyadh described as an attempted drone incursion near the Muslim holy city of Mecca.&nbsp;“The Makkah Agreement applies to us, and we will fulfil our duty,” Asif told Geo News.&nbsp;“If Mecca is attacked, there is no need for an agreement to protect it,” Asif was quoted as saying. He said that there would be “absolutely no ambiguity” about its application when the attack violates the territorial integrity and geographical boundaries of any of its signatories.&nbsp;Pakistan's Foreign Ministry spokesperson said that Pakistan remains committed to helping Saudi Arabia thwart any attacks. “However, when, how, where and what force will be used against what objectives, in which modes and matters — operational confidentiality requires us to be discreet at this stage.”Also Read: <a href="https://www.wionews.com/india-news/delhi-govt-modi-birthday-celebrations-aap-satya-niketan-deaths-1789641273972">AAP slams Delhi government's Modi birthday celebrations as 'insensitive' days after Satya Niketan collapse</a>Asif also added that Iran as a nation will not open up another front in the war, while distinguishing between Iranian state and non-state actors in the region. He said the Strait of Hormuz and Bab-al-Mandeb are absolutely critical to regional trade, and disruptions are already adversely affecting Pakistan's economy.&nbsp;Earlier on Wednesday, Pakistani Prime Minister Shehbaz Sharif also stated that Islamabad stands "shoulder to shoulder" with Riyadh. He condemned the attack near the holy site and called for maximum restraint.Houthis have already denied targeting the Muslim holy city of Mecca, with a member of the group's political bureau calling Riyadh's claim a lie.&nbsp;Hizam al-Asad said in a post on the social media platform X, "The fabrications and lies promoted by the criminal Al Saud regime regarding the targeting of the Honourable Mecca cannot deceive anyone, for it is they who desecrate it with debauchery and licentiousness and by importing prostitutes, and there is no threat from Yemen to the sanctities. Our operations target its oil facilities and military bases, which are far removed from the sacred sites."Yemeni cartoonist Kamal Sharaf mocked Saudi Arabia’s claim that Ansarallah attempted to attack Mecca, depicting a Saudi figure beside a burning oil barrel with an image of the Kaaba taped over it. “Aramco is not the Kaaba,” Sharaf wrote.

<blockquote class="twitter-tweet" data-media-max-width="560">A Yemeni Cartoonist Mocks Saudi Arabia’s Claims That Mecca Was Targeted By Missile Fire As Saudis war on Yemen catastrophically backfires, Riyadh claimed that the City of Mecca was the target of a missile strike from the Yemeni Armed Forces. There was never any evidence of this… <a href="https://t.co/DcYMTdBcxU">pic.twitter.com/DcYMTdBcxU</a>&mdash; MintPress News (@MintPressNews) <a href="https://x.com/MintPressNews/status/2100312122752200931?ref_src=twsrc%5Etfw">September 16, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

Yemeni government forces are trying to halt the Houthi progress on several fronts, including Khabub mountain near Bab-al-Mandeb, and Taiz. Saudi Arabia is providing air support. Houthis on Thursday said three children had been killed in government strikes, according to the group's media. While one person have been killed and two ⁠others injured in a drone ⁠interception in Saudi Arabia’s southwest governorate of Taif.&nbsp;

Pakistan says it will fulfil its obligations under the Mecca Defence Agreement after Saudi Arabia reported a Houthi drone incident near Mecca.

Pakistan's Defence Minister Khawja Asif on Wednesday said that the country was ready to fulfil its obligation under the Mecca Defence Agreement with Saudi Arabia and Turkey following what Riyadh described as an attempted drone incursion near the Muslim holy city of Mecca. “The Makkah Agreement applies to us, and we will fulfil our duty,” Asif told Geo News. “If Mecca is attacked, there is no need for an agreement to protect it,” Asif was quoted as saying. He said that there would be “absolutely no ambiguity” about its application when the attack violates the territorial integrity and geographical boundaries of any of its signatories. Pakistan's Foreign Ministry spokesperson said that Pakistan remains committed to helping Saudi Arabia thwart any attacks. “However, when, how, where and what force will be used against what objectives, in which modes and matters — operational confidentiality requires us to be discreet at this stage.” Also Read: AAP slams Delhi government's Modi birthday celebrations as 'insensitive' days after Satya Niketan collapse Asif also added that Iran as a nation will not open up another front in the war, while distinguishing between Iranian state and non-state actors in the region. He said the Strait of Hormuz and Bab-al-Mandeb are absolutely critical to regional trade, and disruptions are already adversely affecting Pakistan's economy. Earlier on Wednesday, Pakistani Prime Minister Shehbaz Sharif also stated that Islamabad stands "shoulder to shoulder" with Riyadh. He condemned the attack near the holy site and called for maximum restraint. Houthis have already denied targeting the Muslim holy city of Mecca, with a member of the group's political bureau calling Riyadh's claim a lie. Hizam al-Asad said in a post on the social media platform X, "The fabrications and lies promoted by the criminal Al Saud regime regarding the targeting of the Honourable Mecca cannot deceive anyone, for it is they who desecrate it with debauchery and licentiousness and by importing prostitutes, and there is no threat from Yemen to the sanctities. Our operations target its oil facilities and military bases, which are far removed from the sacred sites." Yemeni cartoonist Kamal Sharaf mocked Saudi Arabia’s claim that Ansarallah attempted to attack Mecca, depicting a Saudi figure beside a burning oil barrel with an image of the Kaaba taped over it. “Aramco is not the Kaaba,” Sharaf wrote.

Pakistan says it will fulfil its obligations under the Mecca Defence Agreement after Saudi Arabia reported a Houthi drone incident near Mecca.

Pakistan vows to honour Mecca defence pact after drone incident near holy city

The United States has again denied a visa to Palestinian Authority President Mahmoud Abbas and other Palestinian officials ahead of next week’s United Nations General Assembly in New York.Palestine is a non-member observer state at the UN. This status lets Palestinian officials take part in General Assembly debates and lets its leader address the body, but Palestine has no voting rights on resolutions.&nbsp;A similar decision by the Trump administration last year prevented Abbas, who regularly attends the UN General Assembly, from travelling to New York. He addressed the gathering through a video message instead.&nbsp;The US State Department did not name Abbas directly in its statement but said it would deny visas to members of the Palestine Liberation Organisation (PLO) and officials of the Palestinian Authority (PA).&nbsp;The department said the decision was being taken “as a consequence of their failure to reform, contrary to their commitments to the United States, and their ongoing activities that undermine the prospects for peace.”&nbsp;Also Read: <a href="https://www.wionews.com/world/europe-and-canada-stronger-together-carney-welcomes-eu-s-associate-membership-pitch-amid-strain-in-us-ties-1789640681791">'Europe and Canada stronger together': Carney ‘welcomes’ EU’s associate membership pitch amid strain in US ties</a><h3>US cites Palestinian actions</h3>The State Department said the PLO and PA had “once again, failed to live up to their commitments”.Washington accused the Palestinian organisations of taking steps to “internationalise the Israeli-Palestinian conflict”. It pointed to their actions at the International Criminal Court (ICC) and the International Court of Justice (ICJ).&nbsp;The US also accused the Palestinian leadership of trying to “bypass negotiations through seeking unilateral recognition”.&nbsp;Washington further said the Palestinian Authority continued to pay stipends to terrorists and “glorify acts of terrorism and terrorists in public pronouncements and school textbooks”.&nbsp;The US and Israel have also objected to the Palestinian Authority’s earlier system of payments to families of Palestinians who were imprisoned or killed, including those who carried out attacks against Israelis.&nbsp;The Palestinian Authority has since changed the system. It now says welfare payments are based on the needs of families rather than political affiliation or prisoner status.<h3>Palestinian Authority hits back</h3>The Palestinian Authority criticised the US decision and called it “an unjustified measure”. The Palestinian Foreign Ministry said the move was against efforts to rebuild trust, improve Palestinian-US relations and create the conditions needed to implement a two-state solution.&nbsp;The ministry also “expressed its astonishment at the US statement's disregard for the substantive reforms carried out by the State of Palestine”.&nbsp;It said these reforms included changes to the social welfare system as well as financial, administrative, educational and legal reforms “according to clear, transparent, and verifiable mechanisms.”The US decision also puts Washington at odds with several countries that have recognised a Palestinian state.&nbsp;France was among the countries that recognised Palestine at the United Nations last year. After a conference co-chaired by France and Saudi Arabia, 142 UN member states endorsed a declaration supporting a two-state solution.

The US has again denied Palestinian Authority President Mahmoud Abbas and other Palestinian officials visas to attend the UN General Assembly, citing their failure to meet US commitments, while the Palestinian Authority called the decision “unjustified”.

The United States has again denied a visa to Palestinian Authority President Mahmoud Abbas and other Palestinian officials ahead of next week’s United Nations General Assembly in New York. Palestine is a non-member observer state at the UN. This status lets Palestinian officials take part in General Assembly debates and lets its leader address the body, but Palestine has no voting rights on resolutions. A similar decision by the Trump administration last year prevented Abbas, who regularly attends the UN General Assembly, from travelling to New York. He addressed the gathering through a video message instead. The US State Department did not name Abbas directly in its statement but said it would deny visas to members of the Palestine Liberation Organisation (PLO) and officials of the Palestinian Authority (PA). The department said the decision was being taken “as a consequence of their failure to reform, contrary to their commitments to the United States, and their ongoing activities that undermine the prospects for peace.” Also Read: 'Europe and Canada stronger together': Carney ‘welcomes’ EU’s associate membership pitch amid strain in US ties US cites Palestinian actions The State Department said the PLO and PA had “once again, failed to live up to their commitments”. Washington accused the Palestinian organisations of taking steps to “internationalise the Israeli-Palestinian conflict”. It pointed to their actions at the International Criminal Court (ICC) and the International Court of Justice (ICJ). The US also accused the Palestinian leadership of trying to “bypass negotiations through seeking unilateral recognition”. Washington further said the Palestinian Authority continued to pay stipends to terrorists and “glorify acts of terrorism and terrorists in public pronouncements and school textbooks”. The US and Israel have also objected to the Palestinian Authority’s earlier system of payments to families of Palestinians who were imprisoned or killed, including those who carried out attacks against Israelis. The Palestinian Authority has since changed the system. It now says welfare payments are based on the needs of families rather than political affiliation or prisoner status. Palestinian Authority hits back The Palestinian Authority criticised the US decision and called it “an unjustified measure”. The Palestinian Foreign Ministry said the move was against efforts to rebuild trust, improve Palestinian-US relations and create the conditions needed to implement a two-state solution. The ministry also “expressed its astonishment at the US statement's disregard for the substantive reforms carried out by the State of Palestine”. It said these reforms included changes to the social welfare system as well as financial, administrative, educational and legal reforms “according to clear, transparent, and verifiable mechanisms.” The US decision also puts Washington at odds with several countries that have recognised a Palestinian state. France was among the countries that recognised Palestine at the United Nations last year. After a conference co-chaired by France and Saudi Arabia, 142 UN member states endorsed a declaration supporting a two-state solution.

The US has again denied Palestinian Authority President Mahmoud Abbas and other Palestinian officials visas to attend the UN General Assembly, citing their failure to meet US commitments, while the Palestinian Authority called the decision “unjustified”.

US again denies visa to Palestinian president, officials to attend UN General Assembly

What if reading a book for just 15 minutes a day could earn you money? Singapore is trying to get people to put down their phones and pick up books with a new government-backed initiative that rewards citizens for spending time reading.The city-state has launched the ReadSG campaign, a five-year national programme designed to encourage reading habits among its population. The initiative was introduced earlier this month by Singapore's National Library Board (NLB).The idea is simple. Participants read for at least 15 minutes, log their reading time on a government website and earn virtual coins that can later be converted into small cash rewards.<h2>Why does Singapore want people to read more?</h2>The programme comes amid concerns over shrinking attention spans and the growing popularity of short-form digital content.Singapore's 2024 National Reading Habits Study found a broader shift towards content that is short and easy to skim, rather than long-form reading that requires sustained attention.The NLB says reading longer texts can help people develop critical thinking, understand different perspectives and use their imagination as they navigate an increasingly complex world.“While short-form content helps us stay informed, long-form reading strengthens attention, critical thinking and imagination,” NLB chief Melissa Tam said in a statement cited by CNN.“Ultimately, we want to see a nation of readers who are curious, thoughtful, discerning and equipped to navigate an increasingly complex world,” she added.<h2>How does the ReadSG campaign work?</h2>The programme encourages people to start with just 15 minutes of reading a day. Participants can log their reading sessions online and earn virtual coins.A reading session of at least 15 minutes earns 20 virtual coins. However, participants can log only one qualifying session each day.Once they accumulate enough coins, they can be converted into cash.1,000 virtual coins = SG$1 (around US$0.80)This means participants would need to complete a qualifying reading session for 50 days to earn SG$1.The initiative is therefore unlikely to turn reading into a serious source of income. Instead, the small financial reward is intended to provide an extra incentive for people to develop a regular reading habit.

Singapore’s National Library Board launched the ReadSG campaign, rewarding citizens with cash-convertible virtual coins for reading 15 minutes daily to combat declining attention spans and promote long-form reading.

What if reading a book for just 15 minutes a day could earn you money? Singapore is trying to get people to put down their phones and pick up books with a new government-backed initiative that rewards citizens for spending time reading. The city-state has launched the ReadSG campaign, a five-year national programme designed to encourage reading habits among its population. The initiative was introduced earlier this month by Singapore's National Library Board (NLB). The idea is simple. Participants read for at least 15 minutes, log their reading time on a government website and earn virtual coins that can later be converted into small cash rewards. Why does Singapore want people to read more? The programme comes amid concerns over shrinking attention spans and the growing popularity of short-form digital content. Singapore's 2024 National Reading Habits Study found a broader shift towards content that is short and easy to skim, rather than long-form reading that requires sustained attention. The NLB says reading longer texts can help people develop critical thinking, understand different perspectives and use their imagination as they navigate an increasingly complex world. “While short-form content helps us stay informed, long-form reading strengthens attention, critical thinking and imagination,” NLB chief Melissa Tam said in a statement cited by CNN. “Ultimately, we want to see a nation of readers who are curious, thoughtful, discerning and equipped to navigate an increasingly complex world,” she added. How does the ReadSG campaign work? The programme encourages people to start with just 15 minutes of reading a day. Participants can log their reading sessions online and earn virtual coins. A reading session of at least 15 minutes earns 20 virtual coins. However, participants can log only one qualifying session each day. Once they accumulate enough coins, they can be converted into cash. 1,000 virtual coins = SG$1 (around US$0.80) This means participants would need to complete a qualifying reading session for 50 days to earn SG$1. The initiative is therefore unlikely to turn reading into a serious source of income. Instead, the small financial reward is intended to provide an extra incentive for people to develop a regular reading habit.

Singapore’s National Library Board launched the ReadSG campaign, rewarding citizens with cash-convertible virtual coins for reading 15 minutes daily to combat declining attention spans and promote long-form reading.

PUT DOWN your phone: This country is paying people to read books. Know why

US drone firm Powerus has signed a memorandum of understanding with the Pakistan Army that includes an initial drone-related order, revealed the company’s co-founder and president Brett Velicovich. Powerus signed a memorandum of understanding with Field Marshal Asim Munir, Pakistan’s de facto leader, on Wednesday, the company’s co-founders said.&nbsp;“Today we signed a very important MOU. As part of that MOU, we received an initial order for power systems,” Velicovich said in Islamabad. Velicovich declined to provide further details, citing security sensitivities, but said the deal fell within the category of unmanned aerial systems, reported Reuters. He also refused to disclose the value of the order, citing confidentiality.&nbsp;Also Read: <a href="https://www.wionews.com/world/us-treasury-rallies-global-financial-institutions-for-op-economic-outcast-to-isolate-iran-1789588781387">US Treasury rallies global financial institutions for Op Economic Outcast to isolate Iran</a><h2>Powerus to merge with firm backed by Donald Jr and Eric</h2>&nbsp;Powerus, which offers aerial and maritime drones for military and industrial use, is due to merge with a publicly traded company backed by two of US President Donald Trump’s sons, called Aureus Greenway Holdings. Both companies have said they expect the merger to complete in early October.&nbsp;According to US regulatory filings, Trump’s sons, Donald Trump Jr and Eric Trump, own a stake in Aureus through an investment fund called American Ventures, which is expected to hold a 9.9% beneficial ownership stake in the combined company after the merger.&nbsp;Pakistan’s military said a Powerus delegation led by Velicovich met Field Marshal Syed Asim Munir, and they discussed defence procurement, production and long-term capacity building. The military’s statement did not mention the MoU signing.&nbsp;<h2>Munir wooing Trump and his inner circle with various deals</h2>&nbsp;The agreement comes after years of strained relations between Washington and Islamabad.&nbsp;&nbsp;Trump has publicly praised Pakistan army chief Munir, while Islamabad has pursued a series of economic, financial and defence initiatives aimed at strengthening relations with the United States.&nbsp;Munir, Pakistan’s most powerful military leader in decades, has wooed Trump and his inner circle with various deals in areas such as cryptocurrencies and critical minerals.&nbsp;Also Read: <a href="https://www.wionews.com/world/fed-raises-rates-for-first-time-in-3-years-kevin-warsh-defies-trump-as-inflation-mounts-1789583250156">Fed raises rates for first time in 3 years, Kevin Warsh defies Trump as inflation mounts</a>&nbsp;In January, Pakistan signed a memorandum of understanding with an affiliate of Trump-backed cryptocurrency venture World Liberty Financial, which was co-founded by Zach Witkoff, the son of US special envoy and Trump’s close adviser Steve Witkoff.&nbsp;<h2>‘Pak’s private defence sector emerging but still not mature’</h2>&nbsp;Powerus founder and chief executive Andrew Fox said that Pakistan’s private defence sector remains “emerging but still not mature,” leaving room for US firms to move faster.“The goal would be a joint technology relationship, pairing best-in-breed technology from the US with best-in-breed technology from Pakistan,” Velicovich said, adding that Powerus was exploring ways to potentially build technology in Pakistan.&nbsp;Fox dismissed suggestions that the company's growth was linked to the involvement of Trump’s sons, saying contracts were awarded on merit and that they had “no involvement on the business side” of the company.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/there-s-no-pak-china-boundary-india-rejects-so-called-boundary-joint-commission-tells-islamabad-to-stop-theatrics-1789573593070">‘There’s no Pak-China boundary’: India rejects ‘so-called’ boundary joint commission, tells Islamabad to stop ‘theatrics’</a>&nbsp;White House Special Assistant to the President and Principal Deputy Press Secretary Anna Kelly said, “There are no conflicts of interest.”&nbsp;<h2>‘Seeing a sort of awakening of US policy’</h2>&nbsp;Velicovich, a former US Army Special Forces intelligence officer who served in Afghanistan, said, “I think, for many decades, the US government has been opposed to providing [drone] systems to countries like Pakistan while China has blanketly provided whatever the people here want.”&nbsp;“But now we are seeing a sort of awakening of US policy, even outside of Pakistan, to share more of our drone systems.”&nbsp;China accounts for roughly 80 per cent of Pakistan’s defence imports by volume, according to the Stockholm International Peace Research Institute. As per SIPRI data, Pakistan is the world’s fifth-largest buyer of major arms.&nbsp;&nbsp;Pakistan is eager to beef up its air defences after a brief but fierce conflict with India last year, in which New Delhi launched armed drones deep into cities like Lahore and Rawalpindi.

Powerus founder and chief executive Andrew Fox said that Pakistan’s private defence sector remains “emerging but still not mature,” leaving room for US firms to move faster. Fox dismissed suggestions that the company's growth was linked to the involvement of Trump’s sons.

US drone firm Powerus has signed a memorandum of understanding with the Pakistan Army that includes an initial drone-related order, revealed the company’s co-founder and president Brett Velicovich. Powerus signed a memorandum of understanding with Field Marshal Asim Munir, Pakistan’s de facto leader, on Wednesday, the company’s co-founders said. “Today we signed a very important MOU. As part of that MOU, we received an initial order for power systems,” Velicovich said in Islamabad. Velicovich declined to provide further details, citing security sensitivities, but said the deal fell within the category of unmanned aerial systems, reported Reuters. He also refused to disclose the value of the order, citing confidentiality. Also Read: US Treasury rallies global financial institutions for Op Economic Outcast to isolate Iran Powerus to merge with firm backed by Donald Jr and Eric Powerus, which offers aerial and maritime drones for military and industrial use, is due to merge with a publicly traded company backed by two of US President Donald Trump’s sons, called Aureus Greenway Holdings. Both companies have said they expect the merger to complete in early October. According to US regulatory filings, Trump’s sons, Donald Trump Jr and Eric Trump, own a stake in Aureus through an investment fund called American Ventures, which is expected to hold a 9.9% beneficial ownership stake in the combined company after the merger. Pakistan’s military said a Powerus delegation led by Velicovich met Field Marshal Syed Asim Munir, and they discussed defence procurement, production and long-term capacity building. The military’s statement did not mention the MoU signing. Munir wooing Trump and his inner circle with various deals The agreement comes after years of strained relations between Washington and Islamabad. Trump has publicly praised Pakistan army chief Munir, while Islamabad has pursued a series of economic, financial and defence initiatives aimed at strengthening relations with the United States. Munir, Pakistan’s most powerful military leader in decades, has wooed Trump and his inner circle with various deals in areas such as cryptocurrencies and critical minerals. Also Read: Fed raises rates for first time in 3 years, Kevin Warsh defies Trump as inflation mounts In January, Pakistan signed a memorandum of understanding with an affiliate of Trump-backed cryptocurrency venture World Liberty Financial, which was co-founded by Zach Witkoff, the son of US special envoy and Trump’s close adviser Steve Witkoff. ‘Pak’s private defence sector emerging but still not mature’ Powerus founder and chief executive Andrew Fox said that Pakistan’s private defence sector remains “emerging but still not mature,” leaving room for US firms to move faster. “The goal would be a joint technology relationship, pairing best-in-breed technology from the US with best-in-breed technology from Pakistan,” Velicovich said, adding that Powerus was exploring ways to potentially build technology in Pakistan. Fox dismissed suggestions that the company's growth was linked to the involvement of Trump’s sons, saying contracts were awarded on merit and that they had “no involvement on the business side” of the company. Also Read: ‘There’s no Pak-China boundary’: India rejects ‘so-called’ boundary joint commission, tells Islamabad to stop ‘theatrics’ White House Special Assistant to the President and Principal Deputy Press Secretary Anna Kelly said, “There are no conflicts of interest.” ‘Seeing a sort of awakening of US policy’ Velicovich, a former US Army Special Forces intelligence officer who served in Afghanistan, said, “I think, for many decades, the US government has been opposed to providing [drone] systems to countries like Pakistan while China has blanketly provided whatever the people here want.” “But now we are seeing a sort of awakening of US policy, even outside of Pakistan, to share more of our drone systems.” China accounts for roughly 80 per cent of Pakistan’s defence imports by volume, according to the Stockholm International Peace Research Institute. As per SIPRI data, Pakistan is the world’s fifth-largest buyer of major arms. Pakistan is eager to beef up its air defences after a brief but fierce conflict with India last year, in which New Delhi launched armed drones deep into cities like Lahore and Rawalpindi.

Powerus founder and chief executive Andrew Fox said that Pakistan’s private defence sector remains “emerging but still not mature,” leaving room for US firms to move faster. Fox dismissed suggestions that the company's growth was linked to the involvement of Trump’s sons.

US drone firm linked to Trump’s sons signs MoU with Pakistan army, gets initial order

Russian President Vladimir Putin on Thursday (Sep 17) extended birthday wishes to Prime Minister Narendra Modi, praising his role in strengthening the “special and privileged” strategic partnership between India and Russia. In a message shared by the Russian Embassy in India on Instagram with the hashtag ‘DruzhbaDosti’, Putin thanked PM Modi for the hospitality extended to him and the Russian delegation during their visit to New Delhi for the BRICS summit.“You are rightly enjoying deep respect from your compatriots and great authority on the global stage. It is impossible to overstate your personal contribution to strengthening the special and privileged strategic partnership between India and Russia,” Putin said.The ‘Druzhba-Dosti’ vision, combining the Russian and Hindi words for friendship, aims to deepen bilateral ties between the two countries over the coming decade.<h2>Putin recalls BRICS talks with PM Modi</h2>Putin also described his recent discussions with PM Modi as “substantive, frank, and productive”, signalling Moscow’s intent to maintain close engagement with New Delhi on bilateral and international issues.“As always, it was a genuine pleasure to talk with you, and our discussions once again demonstrated your extraordinary political wisdom and foresight. We will, of course, continue our constructive cooperation on pressing bilateral and international issues for the benefit of our friendly nations,” he said.Putin was in New Delhi on September 12 and 13 for the 18th BRICS Summit. During his visit, he held talks with PM Modi at Bharat Mandapam, where the two leaders discussed bilateral cooperation as well as conflicts in the Middle East and the Black Sea region.<h2>Modi-Putin ‘bromance’</h2>During the high-stakes event, the two leaders were seen holding hands and laughing, along with Chinese President Xi Jinping. The image quickly went viral on social media as the leaders’ “bromance” took the spotlight at the summit.The two leaders also travelled together in the same car to the INNOPROM Exhibition after their bilateral meeting. The exhibition was organised by the Indian and Russian ministries of industry and trade.Their public camaraderie was also visible in Kyrgyzstan on August 31, when they travelled together to the opening ceremony of the World Nomad Games following their SCO talks in Bishkek.Last year, PM Modi and Putin similarly travelled in the same car to their bilateral meeting in Tianjin, China, on the sidelines of the SCO Leaders’ Summit.

Putin wished PM Modi on his birthday, praising his role in strengthening India-Russia ties and recalling their “substantive, frank, and productive” BRICS talks in New Delhi.

Russian President Vladimir Putin on Thursday (Sep 17) extended birthday wishes to Prime Minister Narendra Modi, praising his role in strengthening the “special and privileged” strategic partnership between India and Russia. In a message shared by the Russian Embassy in India on Instagram with the hashtag ‘DruzhbaDosti’, Putin thanked PM Modi for the hospitality extended to him and the Russian delegation during their visit to New Delhi for the BRICS summit. “You are rightly enjoying deep respect from your compatriots and great authority on the global stage. It is impossible to overstate your personal contribution to strengthening the special and privileged strategic partnership between India and Russia,” Putin said. The ‘Druzhba-Dosti’ vision, combining the Russian and Hindi words for friendship, aims to deepen bilateral ties between the two countries over the coming decade. Putin recalls BRICS talks with PM Modi Putin also described his recent discussions with PM Modi as “substantive, frank, and productive”, signalling Moscow’s intent to maintain close engagement with New Delhi on bilateral and international issues. “As always, it was a genuine pleasure to talk with you, and our discussions once again demonstrated your extraordinary political wisdom and foresight. We will, of course, continue our constructive cooperation on pressing bilateral and international issues for the benefit of our friendly nations,” he said. Putin was in New Delhi on September 12 and 13 for the 18th BRICS Summit. During his visit, he held talks with PM Modi at Bharat Mandapam, where the two leaders discussed bilateral cooperation as well as conflicts in the Middle East and the Black Sea region. Modi-Putin ‘bromance’ During the high-stakes event, the two leaders were seen holding hands and laughing, along with Chinese President Xi Jinping. The image quickly went viral on social media as the leaders’ “bromance” took the spotlight at the summit. The two leaders also travelled together in the same car to the INNOPROM Exhibition after their bilateral meeting. The exhibition was organised by the Indian and Russian ministries of industry and trade. Their public camaraderie was also visible in Kyrgyzstan on August 31, when they travelled together to the opening ceremony of the World Nomad Games following their SCO talks in Bishkek. Last year, PM Modi and Putin similarly travelled in the same car to their bilateral meeting in Tianjin, China, on the sidelines of the SCO Leaders’ Summit.

Putin wished PM Modi on his birthday, praising his role in strengthening India-Russia ties and recalling their “substantive, frank, and productive” BRICS talks in New Delhi.

‘Druzhba-Dosti’: Putin wishes PM Modi on birthday, recalls BRICS visit to India

A Ukrainian drone attack set fire to the Slavneft-Yanos oil refinery in Russia’s Yaroslavl region overnight, damaging one of the country’s major fuel-processing facilities and raising fresh questions over a proposed pause in strikes on energy infrastructure. Yaroslavl Governor Mikhail Yevrayev on Thursday (Sep 17) confirmed damage to the refinery, which is jointly controlled by Rosneft and Gazprom.“There’s damage to the oil refinery,” he said in a Telegram post. The blaze was extinguished by morning, with no casualties reported.The latest strike also came as Russia continued attacking Ukrainian infrastructure. Kyiv said a major Russian overnight assault wounded people in the capital, while a Russian drone strike on a Tanzanian-flagged civilian vessel in the Black Sea killed its captain.<h2>Major refinery, airfield hit</h2>Slavneft-Yanos can process around 300,000 barrels of crude per day, equivalent to about 15 million metric tonnes annually. Ukraine has previously targeted the facility, arguing that it supplies fuel and lubricants to Russia’s military.Ukrainian President Volodymyr Zelensky confirmed the latest strike and said Ukrainian forces also damaged three Russian transport aircraft and three helicopters at a military airfield in Rostov. He also shared the footage from the operation showing an explosion followed by plumes of smoke rising into the air.In a post on X, Zelensky wrote, “Last night, in a joint operation by the Security Service of Ukraine, the Unmanned Systems Forces, the Defense Intelligence of Ukraine, and the Foreign Intelligence Service, the Yaroslavl oil refinery was hit.”“The Security Service also carried out a precise strike on a military airfield in Rostov – the damage to an An-12, two An-26s, and three helicopters has been confirmed. There have also been good results in the Black Sea. Every day, we respond to aggression. Russia must choose peace,” he added.

<blockquote class="twitter-tweet">I thank our warriors, who make Russia feel the war every day. Last night, in a joint operation by the Security Service of Ukraine, the Unmanned Systems Forces, the Defense Intelligence of Ukraine, and the Foreign Intelligence Service, the Yaroslavl oil refinery was hit. The… <a href="https://t.co/lQM7MrpBA3">pic.twitter.com/lQM7MrpBA3</a>&mdash; Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) <a href="https://x.com/ZelenskyyUa/status/2100490083878994367?ref_src=twsrc%5Etfw">September 17, 2026</a></blockquote> <script async src="https://platform.x.com/widgets.js" charset="utf-8"></script>

Russia’s Defence Ministry said 641 Ukrainian drones were intercepted over Russia and occupied Crimea during the overnight barrage. In Rostov-on-Don, the attacks knocked out power in four districts, though local authorities reported no casualties.<h2>Ukraine attacks refinery despite Trump’s warning</h2>The attack comes just days after US President Donald Trump warned Zelensky against striking Russia’s oil refineries, saying that the attacks were “hurting the world” and resulting in fuel shortages. He also claimed that Russia and Ukraine had agreed to stop targeting each other’s energy infrastructure. Kyiv, however, has said any pause would depend on Russia halting similar attacks and on firm guarantees.

Ukraine’s drone strike set fire to Russia’s Slavneft-Yanos oil refinery in Yaroslavl, while a separate attack damaged three aircraft and three helicopters at a Rostov military airfield.

A Ukrainian drone attack set fire to the Slavneft-Yanos oil refinery in Russia’s Yaroslavl region overnight, damaging one of the country’s major fuel-processing facilities and raising fresh questions over a proposed pause in strikes on energy infrastructure. Yaroslavl Governor Mikhail Yevrayev on Thursday (Sep 17) confirmed damage to the refinery, which is jointly controlled by Rosneft and Gazprom. “There’s damage to the oil refinery,” he said in a Telegram post. The blaze was extinguished by morning, with no casualties reported. The latest strike also came as Russia continued attacking Ukrainian infrastructure. Kyiv said a major Russian overnight assault wounded people in the capital, while a Russian drone strike on a Tanzanian-flagged civilian vessel in the Black Sea killed its captain. Major refinery, airfield hit Slavneft-Yanos can process around 300,000 barrels of crude per day, equivalent to about 15 million metric tonnes annually. Ukraine has previously targeted the facility, arguing that it supplies fuel and lubricants to Russia’s military. Ukrainian President Volodymyr Zelensky confirmed the latest strike and said Ukrainian forces also damaged three Russian transport aircraft and three helicopters at a military airfield in Rostov. He also shared the footage from the operation showing an explosion followed by plumes of smoke rising into the air. In a post on X, Zelensky wrote, “Last night, in a joint operation by the Security Service of Ukraine, the Unmanned Systems Forces, the Defense Intelligence of Ukraine, and the Foreign Intelligence Service, the Yaroslavl oil refinery was hit.” “The Security Service also carried out a precise strike on a military airfield in Rostov – the damage to an An-12, two An-26s, and three helicopters has been confirmed. There have also been good results in the Black Sea. Every day, we respond to aggression. Russia must choose peace,” he added.

Ukraine’s drone strike set fire to Russia’s Slavneft-Yanos oil refinery in Yaroslavl, while a separate attack damaged three aircraft and three helicopters at a Rostov military airfield.

WATCH | Fireball erupts as Ukraine drone strikes Russian oil refinery in Yaroslavl

Finland’s environment minister has said India’s large market can turn proven circular-economy solutions into large-scale business, as the World Circular Economy Forum is held in South Asia for the first time. Sari Multala, Finland’s minister of the environment and climate change, is in Gujarat for the 10th World Circular Economy Forum (WCEF), taking place from 15 to 18 September at Mahatma Mandir in Gandhinagar. Finland originated the WCEF series and is co-organiser of this year’s edition.&nbsp;Speaking to WION's Sidhant Sibal, Multala said circularity cannot begin at the waste dump. “It can’t be only taken into account when you already have the waste in your hands. You have to start from planning the products, product design, planning construction areas and so forth,” she said. Only then, she added, can reuse and recycling work later in a product’s life.&nbsp;She described the Gujarat meetings as “very practical”, with businesses talking to one another and to policymakers about how rules can support circular models. Finland was among the first countries to adopt a national circular-economy roadmap and uses voluntary “green deals” that align government policy with business.&nbsp;“What we’ve learned is that if you want to do this, you really have to talk to each other,” Multala said. “Our market is quite small, but in India the market is big, and so you can scale these solutions that you have found already workable, for example at home in Finland.”&nbsp;Also Read: <a href="https://www.wionews.com/world/europe-and-canada-stronger-together-carney-welcomes-eu-s-associate-membership-pitch-amid-strain-in-us-ties-1789640681791">'Europe and Canada stronger together': Carney ‘welcomes’ EU’s associate membership pitch amid strain in US ties</a>&nbsp;That is why Finnish companies are “looking for their place in the Indian markets”, she explained. Resource efficiency is becoming more urgent as economies electrify and demand for critical minerals grows. “There is only a limited number of rare earths. We have to make sure that the ones that we are using are being circulated as long as they can.”&nbsp;Asked about India’s long-standing call for common but differentiated responsibilities when it comes to climate change, and for technology and finance from developed countries to the Global South, Multala framed climate action as an investment opportunity rather than a burden.&nbsp;&nbsp;“Climate mitigation is more and more business as usual, or should be more business as usual,” she said. Predictable policies give “long-term predictability for investments into India”, creating clean-technology jobs and reducing the risk that climate duties overburden the economy.&nbsp;She also pointed to a forthcoming EU-India trade agreement. It would “help a lot in this, making better business and making also climate-mitigating climate change a business opportunity”.&nbsp;The forum’s theme is “Circular Economy: Transition for People and Prosperity”. Organisers say it has drawn thousands of delegates from more than 60 countries, with accelerator sessions continuing after the main programme. India has promoted circularity through extended producer responsibility rules, waste-to-resource policies and the LiFE (Lifestyle for Environment) campaign. Finland and India renewed an environmental cooperation memorandum earlier in 2026, with circular economy as a priority.

Minister of Climate and the Environment of Finland, Sari Multala said India could scale up Finland’s circular economy solutions through greater cooperation and the adoption of sustainable technologies.

Finland’s environment minister has said India’s large market can turn proven circular-economy solutions into large-scale business, as the World Circular Economy Forum is held in South Asia for the first time. Sari Multala, Finland’s minister of the environment and climate change, is in Gujarat for the 10th World Circular Economy Forum (WCEF), taking place from 15 to 18 September at Mahatma Mandir in Gandhinagar. Finland originated the WCEF series and is co-organiser of this year’s edition. Speaking to WION's Sidhant Sibal, Multala said circularity cannot begin at the waste dump. “It can’t be only taken into account when you already have the waste in your hands. You have to start from planning the products, product design, planning construction areas and so forth,” she said. Only then, she added, can reuse and recycling work later in a product’s life. She described the Gujarat meetings as “very practical”, with businesses talking to one another and to policymakers about how rules can support circular models. Finland was among the first countries to adopt a national circular-economy roadmap and uses voluntary “green deals” that align government policy with business. “What we’ve learned is that if you want to do this, you really have to talk to each other,” Multala said. “Our market is quite small, but in India the market is big, and so you can scale these solutions that you have found already workable, for example at home in Finland.” Also Read: 'Europe and Canada stronger together': Carney ‘welcomes’ EU’s associate membership pitch amid strain in US ties That is why Finnish companies are “looking for their place in the Indian markets”, she explained. Resource efficiency is becoming more urgent as economies electrify and demand for critical minerals grows. “There is only a limited number of rare earths. We have to make sure that the ones that we are using are being circulated as long as they can.” Asked about India’s long-standing call for common but differentiated responsibilities when it comes to climate change, and for technology and finance from developed countries to the Global South, Multala framed climate action as an investment opportunity rather than a burden. “Climate mitigation is more and more business as usual, or should be more business as usual,” she said. Predictable policies give “long-term predictability for investments into India”, creating clean-technology jobs and reducing the risk that climate duties overburden the economy. She also pointed to a forthcoming EU-India trade agreement. It would “help a lot in this, making better business and making also climate-mitigating climate change a business opportunity”. The forum’s theme is “Circular Economy: Transition for People and Prosperity”. Organisers say it has drawn thousands of delegates from more than 60 countries, with accelerator sessions continuing after the main programme. India has promoted circularity through extended producer responsibility rules, waste-to-resource policies and the LiFE (Lifestyle for Environment) campaign. Finland and India renewed an environmental cooperation memorandum earlier in 2026, with circular economy as a priority.

Minister of Climate and the Environment of Finland, Sari Multala said India could scale up Finland’s circular economy solutions through greater cooperation and the adoption of sustainable technologies.

India can scale up Finland’s circular solutions, minister Multala says

India is pushing for recognition of its verification agencies and carbon-pricing system under the EU’s Carbon Border Adjustment Mechanism, commerce ministry officials have said. Officials said both sides have agreed that each will recognise the other’s verification processes, removal procedures and competent agencies.Work has already begun and has not waited for a free-trade agreement. Three meetings have been held with the EU. The bloc has opened applications from third-country verification bodies; Indian applications have been filed and New Delhi is pressing for faster approval.“We have identified competent authorities and are working with the Bureau of Energy Efficiency on India’s carbon-credit trading system,” an official said. “The aim is that Indian exporters can have their facilities verified at home so that verified data can be submitted to Europe.” Officials reported a positive response from the EU side. Separate talks on recognition of India’s carbon price and related instruments took place as recently as yesterday.The package also includes capacity-building, technical help and financial assistance. Officials described three pillars: recognition of carbon prices, recognition of verification bodies, and financial assistance, plus most-favoured-nation treatment of any future concessions.They said Indian industry is not lagging in reporting or in cutting emissions; emissions “are not that high” and firms are working both to lower them and to ensure imported goods are verified. On steel, officials confirmed that a conservative estimate of 25 million tonnes of exports already factors in CBAM costs. Parallel discussions are under way with the United Kingdom, whose carbon tax takes effect on 1 January; recognition of Indian verifiers and certified bodies has been agreed.On ship recycling, officials said India is the world’s largest ship-breaking nation, with more than 30 per cent of the market. The EU had not previously recognised yards outside Europe. “In their draft regulation they have now listed two Indian establishments,” an official said. The Ministry of Ports, Shipping and Waterways and the Department of Commerce have jointly pursued the issue.The development comes as the India-EU FTA is expected to be signed in December. Dubbed the "mother of all trade agreements", the trade deal was announced in January and will interlink India-EU markets, with the lowering of tariffs and other concessions at a time of trade wars.

On ship recycling, officials said India is the world’s largest ship-breaking nation, with more than 30 per cent of the market. The EU had not previously recognised yards outside Europe.

India is pushing for recognition of its verification agencies and carbon-pricing system under the EU’s Carbon Border Adjustment Mechanism, commerce ministry officials have said. Officials said both sides have agreed that each will recognise the other’s verification processes, removal procedures and competent agencies. Work has already begun and has not waited for a free-trade agreement. Three meetings have been held with the EU. The bloc has opened applications from third-country verification bodies; Indian applications have been filed and New Delhi is pressing for faster approval. “We have identified competent authorities and are working with the Bureau of Energy Efficiency on India’s carbon-credit trading system,” an official said. “The aim is that Indian exporters can have their facilities verified at home so that verified data can be submitted to Europe.” Officials reported a positive response from the EU side. Separate talks on recognition of India’s carbon price and related instruments took place as recently as yesterday. The package also includes capacity-building, technical help and financial assistance. Officials described three pillars: recognition of carbon prices, recognition of verification bodies, and financial assistance, plus most-favoured-nation treatment of any future concessions. They said Indian industry is not lagging in reporting or in cutting emissions; emissions “are not that high” and firms are working both to lower them and to ensure imported goods are verified. On steel, officials confirmed that a conservative estimate of 25 million tonnes of exports already factors in CBAM costs. Parallel discussions are under way with the United Kingdom, whose carbon tax takes effect on 1 January; recognition of Indian verifiers and certified bodies has been agreed. On ship recycling, officials said India is the world’s largest ship-breaking nation, with more than 30 per cent of the market. The EU had not previously recognised yards outside Europe. “In their draft regulation they have now listed two Indian establishments,” an official said. The Ministry of Ports, Shipping and Waterways and the Department of Commerce have jointly pursued the issue. The development comes as the India-EU FTA is expected to be signed in December. Dubbed the "mother of all trade agreements", the trade deal was announced in January and will interlink India-EU markets, with the lowering of tariffs and other concessions at a time of trade wars.

On ship recycling, officials said India is the world’s largest ship-breaking nation, with more than 30 per cent of the market. The EU had not previously recognised yards outside Europe.

India files EU applications for CBAM verification bodies, officials say; two Indian shipyards listed in draft EU recycling rules

Hours after European Commission President Ursula von der Leyen pitched Canada to become the European Union’s first associate member, Prime Minister Mark Carney on Thursday (Sept 17) welcomed the proposal, saying Canada and the EU share common values and “are stronger together”.&nbsp;“Canada welcomes this ambition,” Carney told the European Parliament in Strasbourg, referring to the proposal floated a day earlier by von der Leyen. “Canada and Europe should secure our strategic autonomy through deep cooperation in the full range of strategic capabilities.”&nbsp;Speaking at the European Parliament in Strasbourg, the Canadian prime minister said Canada and the EU were “not fair-weather allies” and did not pursue “zero-sum deals”.&nbsp;“We hold common values for which we have always fought, and in whose defence we must always remain vigilant,” he said.&nbsp;“Canada and Europe are each strong. Europe and Canada are stronger together,” Carney added.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/pm-modi-at-semicon-india-2026-india-s-semiconductor-ecosystem-expanding-rapidly-vishwakarma-jayanti-1789625427107">PM Modi at SEMICON India 2026: ‘India’s semiconductor ecosystem expanding rapidly’</a><h3>Trump’s pressure drives EU, Canada closer</h3>Carney’s remarks came against the backdrop of growing trade tensions between the United States and both Canada and the European Union. His government has been seeking to diversify Canada’s trade and strengthen partnerships beyond its traditional dependence on the US.&nbsp;Relations between Ottawa and Washington have deteriorated amid tariff disputes and disagreements over trade. Trump has also repeatedly raised the possibility of making Canada the 51st US state. Last month, he signed an executive order directing the use of the name “Lake America” for Lake Ontario in federal contexts.&nbsp;Trump has also reacted strongly to the EU’s proposal for closer ties with Canada. He called the idea of Canada becoming an associate member of the bloc “laughable” and warned that Washington could impose “very serious tariffs” or stop trading with Europe if he considered the move a “hostile act”.&nbsp;The proposal came as Canada and the EU seek to deepen their economic and strategic cooperation amid strained relations with Washington. Von der Leyen presented the idea as part of a broader effort to strengthen cooperation between like-minded democracies.<h3>Carney outlines areas for cooperation</h3>Carney said an EU-Canada partnership should serve as a “beacon for democracies” and should not seek to “dominate others”. He outlined several areas where Ottawa wants to expand cooperation with the bloc.&nbsp;“Let me take this opportunity to say plainly what Canada proposes,” he said.&nbsp;“Canada and Europe should secure our strategic autonomy through deep cooperation in the full range of strategic capabilities, including critical minerals, defence industrial capacity, AI and compute, energy security, space and payments.”&nbsp;Carney also called for the EU and Canada to move towards “seamless digital trade” and expand opportunities for young people from both sides to work and study across the Atlantic.&nbsp;The Canadian prime minister’s remarks came a day after von der Leyen said she wanted to “open the door” for Canada to become the EU’s first associate member. The proposed status would require further discussions within the bloc, as there is currently no established EU treaty framework for an “associate member” category.

Canadian Prime Minister Mark Carney has welcomed the European Union’s proposal for Canada to become its first associate member, stressing closer strategic cooperation and shared values amid strained ties with the US.

Hours after European Commission President Ursula von der Leyen pitched Canada to become the European Union’s first associate member, Prime Minister Mark Carney on Thursday (Sept 17) welcomed the proposal, saying Canada and the EU share common values and “are stronger together”. “Canada welcomes this ambition,” Carney told the European Parliament in Strasbourg, referring to the proposal floated a day earlier by von der Leyen. “Canada and Europe should secure our strategic autonomy through deep cooperation in the full range of strategic capabilities.” Speaking at the European Parliament in Strasbourg, the Canadian prime minister said Canada and the EU were “not fair-weather allies” and did not pursue “zero-sum deals”. “We hold common values for which we have always fought, and in whose defence we must always remain vigilant,” he said. “Canada and Europe are each strong. Europe and Canada are stronger together,” Carney added. Also Read: PM Modi at SEMICON India 2026: ‘India’s semiconductor ecosystem expanding rapidly’ Trump’s pressure drives EU, Canada closer Carney’s remarks came against the backdrop of growing trade tensions between the United States and both Canada and the European Union. His government has been seeking to diversify Canada’s trade and strengthen partnerships beyond its traditional dependence on the US. Relations between Ottawa and Washington have deteriorated amid tariff disputes and disagreements over trade. Trump has also repeatedly raised the possibility of making Canada the 51st US state. Last month, he signed an executive order directing the use of the name “Lake America” for Lake Ontario in federal contexts. Trump has also reacted strongly to the EU’s proposal for closer ties with Canada. He called the idea of Canada becoming an associate member of the bloc “laughable” and warned that Washington could impose “very serious tariffs” or stop trading with Europe if he considered the move a “hostile act”. The proposal came as Canada and the EU seek to deepen their economic and strategic cooperation amid strained relations with Washington. Von der Leyen presented the idea as part of a broader effort to strengthen cooperation between like-minded democracies. Carney outlines areas for cooperation Carney said an EU-Canada partnership should serve as a “beacon for democracies” and should not seek to “dominate others”. He outlined several areas where Ottawa wants to expand cooperation with the bloc. “Let me take this opportunity to say plainly what Canada proposes,” he said. “Canada and Europe should secure our strategic autonomy through deep cooperation in the full range of strategic capabilities, including critical minerals, defence industrial capacity, AI and compute, energy security, space and payments.” Carney also called for the EU and Canada to move towards “seamless digital trade” and expand opportunities for young people from both sides to work and study across the Atlantic. The Canadian prime minister’s remarks came a day after von der Leyen said she wanted to “open the door” for Canada to become the EU’s first associate member. The proposed status would require further discussions within the bloc, as there is currently no established EU treaty framework for an “associate member” category.

Canadian Prime Minister Mark Carney has welcomed the European Union’s proposal for Canada to become its first associate member, stressing closer strategic cooperation and shared values amid strained ties with the US.

'Europe and Canada stronger together': Carney ‘welcomes’ EU’s associate membership pitch amid strain in US ties

Fourteen Russian spy satellites flew over the US military’s Prince Sultan Air Base in Saudi Arabia in March, just days before a major Iranian strike on the facility during the US-Israeli war with Iran, according to a CNN investigation. The March 27 attack involved at least one missile and several drones. It wounded 12 US service members and damaged or destroyed key American military equipment, including a Boeing E-3 Sentry, an Airborne Warning and Control System (AWACS) aircraft capable of tracking aircraft and missiles hundreds of kilometres away.&nbsp;CNN, citing unnamed US sources, reported that intelligence obtained from Russian satellites played an important role in helping Iran conduct the precision strike. Although the US media outlet did not get the Russian satellite imagery itself, the network analysed orbital tracking data with assistance from the European Space Agency's Aurora Programme and US-based Kayhan Space. The analysis identified Russian satellite Cosmos 2573 passing over Prince Sultan Air Base two days before the attack, along with 13 other Russian reconnaissance satellites.&nbsp;Cosmos 2573 is equipped with detailed imaging capabilities, including synthetic aperture radar (SAR), which can collect data in darkness and through cloud cover. The technology can also detect physical changes involving high-value military assets. CNN noted that the AWACS aircraft had been moved from its usual pre-war position, yet Iranian forces were still able to locate and destroy it.&nbsp;Also Read: <a href="https://www.wionews.com/world/un-general-assembly-2026-what-is-veto-power-which-countries-have-it-and-how-does-it-work-1789630638774">UN General Assembly 2026: What is veto power. Which countries have it and how does it work?</a>&nbsp;According to the network, sources linked Russia's alleged assistance to Iran to intelligence that the US has provided to Ukraine for strikes against Russian targets. Ukrainian President Volodymyr Zelensky had previously claimed that Russia provided Iran with satellite imagery of Prince Sultan Air Base. “I think that it’s in Russia’s interest to help Iranians. And I don’t believe, I know, that they share information,” Zelensky said in an interview with NBC following the attack.&nbsp;Zelensky said he received daily briefings from Ukrainian intelligence agencies showing that Russian satellites photographed the Saudi airbase on March 20, March 23 and March 25, suggesting that preparations for the attack were underway. The Kremlin, however, has denied that Russia provided satellite imagery to Iran.

Fourteen Russian spy satellites reportedly flew over Prince Sultan Air Base before Iran's March 27 strike, raising questions over Moscow's role

Fourteen Russian spy satellites flew over the US military’s Prince Sultan Air Base in Saudi Arabia in March, just days before a major Iranian strike on the facility during the US-Israeli war with Iran, according to a CNN investigation. The March 27 attack involved at least one missile and several drones. It wounded 12 US service members and damaged or destroyed key American military equipment, including a Boeing E-3 Sentry, an Airborne Warning and Control System (AWACS) aircraft capable of tracking aircraft and missiles hundreds of kilometres away. CNN, citing unnamed US sources, reported that intelligence obtained from Russian satellites played an important role in helping Iran conduct the precision strike. Although the US media outlet did not get the Russian satellite imagery itself, the network analysed orbital tracking data with assistance from the European Space Agency's Aurora Programme and US-based Kayhan Space. The analysis identified Russian satellite Cosmos 2573 passing over Prince Sultan Air Base two days before the attack, along with 13 other Russian reconnaissance satellites. Cosmos 2573 is equipped with detailed imaging capabilities, including synthetic aperture radar (SAR), which can collect data in darkness and through cloud cover. The technology can also detect physical changes involving high-value military assets. CNN noted that the AWACS aircraft had been moved from its usual pre-war position, yet Iranian forces were still able to locate and destroy it. Also Read: UN General Assembly 2026: What is veto power. Which countries have it and how does it work? According to the network, sources linked Russia's alleged assistance to Iran to intelligence that the US has provided to Ukraine for strikes against Russian targets. Ukrainian President Volodymyr Zelensky had previously claimed that Russia provided Iran with satellite imagery of Prince Sultan Air Base. “I think that it’s in Russia’s interest to help Iranians. And I don’t believe, I know, that they share information,” Zelensky said in an interview with NBC following the attack. Zelensky said he received daily briefings from Ukrainian intelligence agencies showing that Russian satellites photographed the Saudi airbase on March 20, March 23 and March 25, suggesting that preparations for the attack were underway. The Kremlin, however, has denied that Russia provided satellite imagery to Iran.

According to report, fourteen Russian spy satellites flew over a US base in Saudi Arabia days before Iran's March 27 strike

Russia-Iran intelligence link? 14 satellites may have helped Iran hit US airbase in Saudi Arabia

NASA has made a "once in a century or even longer" discovery on the Moon. The US space agency has discovered a recently formed crater that is bigger than the Roman Colosseum, or the length of two football fields.<h2>Why is it a once-in-a-century find?</h2>What is so unique about a moon crater, you may ask? The answer is that the crater dubbed McGetchin was only formed about two years ago as the result of a powerful impact. It is also the solar system's biggest known impact crater carved out in recent times. The steep-sided hole, as per NASA, measures about 728 feet across and up to 141 feet deep.According to researchers, such an event happens only once every 132 years. A study published Wednesday in the journal Science Advances has determined that it was the largest new crater ever discovered in the solar system.Also read | <a href="https://www.wionews.com/world/openai-reveals-6-fresh-cases-where-ai-models-went-rogue-you-do-not-answer-to-corporations-or-governments-hugging-face-1789611605026">OpenAI reveals 6 fresh cases of AI models going rogue: 'You do not answer to corporations or governments'</a><h2>But how was it formed?</h2>The crater is believed to have been formed in the spring of 2024, when a comet or asteroid or comet collided with the Moon. According to researchers, the object must've been approximately the size of a three- to six-story-high building. &nbsp;"Scientists estimate that an impact of this magnitude happens on the Moon about once in a century or even longer," NASA said in the blog post.<h2>Why did it take scientists this long to spot the crater?</h2>The crater was there for years, but it was only discovered when Robert Wagner, a researcher with NASA's Lunar Reconnaissance Orbiter (LRO), noticed it in a new scan of the Moon's surface.Also read | <a href="https://www.wionews.com/science/582-tonnes-150-million-c-60-years-wion-decodes-the-mind-boggling-numbers-behind-china-s-new-artificial-sun-magnet-1785312316534">582 tonnes, 150 million°C, 60 years: WION Decodes the mind-boggling numbers behind China's 'Artificial Sun'</a>To the LRO, which has been studying the Moon since 2009, the crater appeared as a "large bright spot circled by a dark halo".Why does it matter?The Moon already has numerous craters, many of them far bigger than McGetchin; researching the recently formed crater in real time can help scientists build a better understanding of the Moon's geology. That, in turn, can help future crewed missions to the Lunar surface. Notably, both the United States and China are currently planning such missions.

NASA has discovered a huge new crater on the Moon that formed after a rare space-rock impact in 2024. Measuring 728 feet across, the crater is the largest newly formed one found in the Solar System. Here's why the discovery matters.

NASA has made a "once in a century or even longer" discovery on the Moon. The US space agency has discovered a recently formed crater that is bigger than the Roman Colosseum, or the length of two football fields. Why is it a once-in-a-century find? What is so unique about a moon crater, you may ask? The answer is that the crater dubbed McGetchin was only formed about two years ago as the result of a powerful impact. It is also the solar system's biggest known impact crater carved out in recent times. The steep-sided hole, as per NASA, measures about 728 feet across and up to 141 feet deep. According to researchers, such an event happens only once every 132 years. A study published Wednesday in the journal Science Advances has determined that it was the largest new crater ever discovered in the solar system. Also read | OpenAI reveals 6 fresh cases of AI models going rogue: 'You do not answer to corporations or governments' But how was it formed? The crater is believed to have been formed in the spring of 2024, when a comet or asteroid or comet collided with the Moon. According to researchers, the object must've been approximately the size of a three- to six-story-high building. "Scientists estimate that an impact of this magnitude happens on the Moon about once in a century or even longer," NASA said in the blog post. Why did it take scientists this long to spot the crater? The crater was there for years, but it was only discovered when Robert Wagner, a researcher with NASA's Lunar Reconnaissance Orbiter (LRO), noticed it in a new scan of the Moon's surface. Also read | 582 tonnes, 150 million°C, 60 years: WION Decodes the mind-boggling numbers behind China's 'Artificial Sun' To the LRO, which has been studying the Moon since 2009, the crater appeared as a "large bright spot circled by a dark halo". Why does it matter? The Moon already has numerous craters, many of them far bigger than McGetchin; researching the recently formed crater in real time can help scientists build a better understanding of the Moon's geology. That, in turn, can help future crewed missions to the Lunar surface. Notably, both the United States and China are currently planning such missions.

NASA has discovered a huge new crater on the Moon that formed after a rare space-rock impact in 2024. Measuring 728 feet across, the crater is the largest newly formed one found in the Solar System. Here's why the discovery matters.

‘Once-in-a-century’ event? NASA finds giant new crater on Moon after rare space impact

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‘Once-in-a-century’ event? NASA finds giant new crater on Moon. Deets inside