Billions

Iclal TuranSaturday March 28, 2026 US military hardware worth billions of dollars has been damaged or destroyed since the US-Israeli war on Iran began, with Iranian missile and drone attacks responsible for much of the destruction, according to a Wall Street Journal report published Friday. In the opening three weeks of fighting, losses are estimated at between $1.4 billion and $2.9 billion, Elaine McCusker, a former Pentagon budget official now with the American Enterprise Institute, told the newspaper. Among the incidents…

Somalia’s Cash Pipeline: Billions in Aid, Little Change at Home as Trust Deficit Deepens MOGADISHU, Somalia — Somalia sits at the center of a paradox. The country attracts substantial external finance — about $4.2 billion in annual inflows by one senior official’s estimate — yet citizens still face delayed salaries, frayed services and scarce formal jobs. As donors recalibrate their risk exposure and the government insists its systems are improving, a widening trust deficit is draining resources, slowing delivery and…

TotalEnergies’ $4.5 billion demand tests Mozambique’s post-conflict recovery When the French energy giant TotalEnergies pressed Mozambican authorities this month to cover U.S.$4.5 billion in “costs of closure” as a precondition for returning to its troubled northern operations, it handed a politically combustible problem to a country still wrestling with violence, displacement and fragile state finances. The demand — disclosed in a letter to the presidency and reported by Mozambican sources — bundles several company…