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Magyar pushes in Brussels to unblock billions in EU funds for Hungary

Hungary’s incoming leader, Peter Magyar, says EU money frozen during Viktor Orban’s long standoff with Brussels could begin reaching Budapest soon, after high-level talks on his first trip to the Belgian capital since his election victory. The conservative politician flew to the centre of the European Union before formally taking office next month, signalling an early break with the rancour that defined Mr Orban’s 16 years in power. After what he described as a “highly constructive” meeting with European Commission president…

Report: US military assets worth billions damaged or lost in Iran war

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 Aid Lifeline: Billions Spent, Sparse Progress as Trust Erodes

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…

Major Oil Company Insists on Billions to Restart Mozambique Operations

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…