The U.S. is pressing Ukraine to accept a peace plan that would freeze front lines, require territorial and military concessions, and offer limited security guarantees, raising concerns in Kyiv and Europe that the deal favors Russia and shifts long-term risk onto Ukraine. While Washington frames the push as a way to end the war, reduce casualties, and prevent escalation, analysts argue it also reflects U.S. self-interest—cutting costs, managing domestic politics, and freeing r
Ukraine has firmly rejected a reported U.S.-led proposal that would require it to withdraw from the heavily fortified “Fortress Belt” in Donetsk, arguing that the defenses are essential to protecting civilians, preserving deterrence, and maintaining credible national security. Ukrainian officials say trading this layered defensive system for political guarantees would expose key population centers, weaken military leverage, and set a dangerous precedent for territorial conces
Cyclone Ditwah caused about US$4.1 billion in direct physical damage across Sri Lanka, affecting all 25 districts, around 2 million people, and nearly 500,000 households, making it one of the worst disasters in recent history. The infrastructure sector was the hardest hit, accounting for 42% of losses (US$1.735 billion), followed by housing (US$985 million) and agriculture (US$814 million), with the Central Province — especially Kandy — suffering the most severe impacts.
The IMF projects that inflation in Pakistan will rise in the coming years, potentially reaching nearly 9% by mid-2026, increasing pressure on households and businesses. While GDP growth is expected to remain moderate at just over 3%, high public debt and fiscal constraints continue to limit economic stability. The IMF warns that careful monetary and fiscal management will be necessary to control prices while sustaining growth.
Pro-Russian hackers have claimed responsibility for a cyberattack on France’s postal service, La Poste, disrupting online tracking, payments, and internal systems during the busy holiday period. French authorities and counter-espionage agencies have launched an investigation, treating the incident as part of a broader pattern of politically motivated cyber operations targeting Western infrastructure.
The IMF has approved about US$206 million in emergency funding for Sri Lanka under the Rapid Financing Instrument to address severe economic pressures caused by Cyclone Ditwah, which killed over 600 people and displaced more than 100,000. The Sri Lankan government said the funds will support urgent humanitarian relief, recovery, and reconstruction, while committing to transparency, fiscal discipline, and debt sustainability.