‘Stand and Deliver,’ UN Chief Tells COP27 Climate Summit 

17 November 2022, Egypt, Sharm el-Sheikh: UN Secretary General Antonio Guterres speaks at a press conference with COP27 President and Egyptian Foreign Minister Sameh Shoukry (not pictured) during the 2022 United Nations Climate Change Conference COP27. (dpa)
17 November 2022, Egypt, Sharm el-Sheikh: UN Secretary General Antonio Guterres speaks at a press conference with COP27 President and Egyptian Foreign Minister Sameh Shoukry (not pictured) during the 2022 United Nations Climate Change Conference COP27. (dpa)
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‘Stand and Deliver,’ UN Chief Tells COP27 Climate Summit 

17 November 2022, Egypt, Sharm el-Sheikh: UN Secretary General Antonio Guterres speaks at a press conference with COP27 President and Egyptian Foreign Minister Sameh Shoukry (not pictured) during the 2022 United Nations Climate Change Conference COP27. (dpa)
17 November 2022, Egypt, Sharm el-Sheikh: UN Secretary General Antonio Guterres speaks at a press conference with COP27 President and Egyptian Foreign Minister Sameh Shoukry (not pictured) during the 2022 United Nations Climate Change Conference COP27. (dpa)

Negotiators at the COP27 climate summit in Egypt must overcome a "breakdown in trust" between rich and poor nations to deliver a deal to save the world from the worst of global warming, UN chief Antonio Guterres said on Thursday. 

"We are at crunch time in the negotiations," he said, as a Friday deadline looms for a deal to emerge from the two-week conference. "The world is watching and has a simple message: stand and deliver." 

"Global emissions are at their highest level in history - and rising. Climate impacts are decimating economies and societies - and growing. We know what we need to do - and we have the tools and resources to get it done," he said. 

His speech was intended to rally negotiators that have become stuck on issues from whether a fund should be established to compensate poor nations for climate damage already occurring, to language around fossil fuels use. 

Wealthy nations, including the United States, have opposed creating a new loss and damage fund to support developing countries ravaged by climate change for fear it could expose them to limitless liability for their historic contribution to greenhouse gas emissions. 

"There is clearly a breakdown in trust between North and South, and between developed and emerging economies. This is no time for finger pointing," Guterres said. 

Guterres said he hopes to see negotiators bridge their differences on loss and damage in a way that reflects the "urgency, scale and enormity of the challenge faced by developing countries." 

"No one can deny the scale of loss and damage we see around the globe," he said. "The world is burning and drowning before our eyes." 

He added he wanted to see countries commit to do more to reduce their emissions to achieve an international goal set in past COPs to limit global warming to 1.5 degrees Celsius, including by restricting fossil fuel usage. 

"Fossil fuel expansion is hijacking humanity," he said. Any hope of meeting the 1.5 target requires a step change in emissions reductions." 

He also urged developed countries to deliver on a past pledge to provide $100 billion per year to help poor nations adapt to climate change and switch to clean energy. 



Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
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Russia Releases Video Footage to Challenge Kyiv Over Alleged Attack

A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)
A Russian service member stands next to the remains of a drone, which, according to the Russian Defense Ministry, was downed during the repelling of an alleged Ukrainian attack on the Russian presidential residence in the Novgorod Region, in an unknown location in Russia, in this still image from a video released December 31, 2025. (Russian Defense Ministry/Handout via Reuters)

Russia's defense ministry released video footage on Wednesday of what it said was a downed drone at a briefing intended to show Ukraine tried this week to attack a presidential residence and challenge Kyiv's denials that such an attack took place. 

Kyiv says Moscow has produced no evidence to support its allegations and that Russia invented the alleged attack to block progress at talks on ‌ending the war ‌in Ukraine. Officials in several ‌Western ⁠countries have ‌cast doubt on Russia's version of events and questioned whether there was any attack. 

Video footage released by Russia's defense ministry showed a senior officer, Major-General Alexander Romanenkov, setting out details of how Moscow says it believes Ukraine attacked one of President Vladimir Putin's residences in ⁠the Novgorod region. 

Romanenkov said 91 drones had been launched from Ukraine's Sumy ‌and Chernihiv regions in a "thoroughly ‍planned" attack that he said ‍was thwarted by Russian air defenses, caused ‍no damage and injured no one. 

The video released by the ministry included footage of a Russian serviceman standing next to fragments of a device which he said was a downed Ukrainian Chaklun-V drone carrying a 6-kg explosive device which had not detonated. 

The ministry did ⁠not explain how it knew what the device's target was. 

Speaking to Reuters, Ukrainian Foreign Ministry spokesperson Heorhii Tykhyi said the footage was "laughable" and that Kyiv was "absolutely confident that no such attack took place". 

Reuters could not confirm the location and the date of the footage showing fragments of a destroyed device. The model of the destroyed device could not be immediately verified. 

Other footage featured a man, identified as Igor Bolshakov from a ‌village in the Novgorod region, saying he had heard air defense rockets in action. 


China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
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China Slams Countries That Criticized Taiwan Drills as 'Irresponsible'

A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)
A screen broadcasting news about military drills conducted by China around Taiwan is seen on a street in Beijing, China, 30 December 2025. (EPA)

Beijing slammed on Wednesday countries including Japan and Australia for their "irresponsible" criticism of China's military drills in waters around Taiwan.

China launched missiles and deployed dozens of fighter jets, navy ships and coastguard vessels around the island on Monday and Tuesday in live-fire drills.

There has been a chorus of international criticism of China's drills, including from Japan, Australia and European countries.

Japan said Wednesday that China's exercises "increase tensions" across the Taiwan Strait, while Australia's foreign ministry condemned the "destabilizing" military drills.

The European Union on Tuesday said the military activity "endangers international peace and stability".

Beijing on Wednesday hit back at the remarks.

"These countries and institutions are turning a blind eye to the separatist forces in Taiwan attempting to achieve independence through military means," foreign ministry spokesman Lin Jian told reporters at a news briefing.

"Yet, they are making irresponsible criticisms of China's necessary and just actions to defend its national sovereignty and territorial integrity, distorting facts and confusing right and wrong, which is utterly hypocritical."

Lin said Beijing appreciated countries such as Russia, Pakistan and Venezuela expressing their support for China.

"We want to reiterate China's unwavering resolve for safeguarding national sovereignty, security and territorial integrity," he added.

"Any egregious provocative act that crosses the line on the Taiwan issue will be met with a firm counter from China."


Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
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Iran Appoints New Central Bank Governor After Record Currency Fall and Mass Protests

A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A person walks past a sign at a currency exchange, as the value of the Iranian rial drops, in Tehran, Iran, December 30, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran on Wednesday appointed a new governor to the central bank after the former one resigned following a record currency fall against the US dollar that sparked large protests.

The plummeting of the rial, Iran's currency, sparked the largest protests in the country in three years, with rallies that began Sunday and continued until Tuesday.

A report by the official IRNA news agency said President Masoud Pezeshkian’s Cabinet appointed Abdolnasser Hemmati, a former economics minister, as new governor of the Central Bank of Iran. He replaces Mohammad Reza Farzin, who resigned on Monday.

Experts say a 40% inflation rate led to public discontent. The US dollar traded at 1.38 million rials on Wednesday, compared to 430,000 when Farzin took office in 2022.

Many traders and shopkeepers closed their businesses and took to the streets of Tehran and other cities to protest.

The new governor's agenda will included a focus on controlling inflation and strengthening the currency, as well as addressing the mismanagement of banks, the government’s spokeswoman Fatemeh Mohajerani wrote on X.

Hemmati, 68, previously served as minister of economic and financial affairs under Pezeshkian.

In March parliament dismissed Hemmati for alleged mismanagement and accusations his policies hurt the strength of Iran’s rial against hard currencies.

A combination of the currency's rapid depreciation and inflationary pressure has pushed up the prices of food and other daily necessities, adding to strain on household budgets already under pressure due to Western sanctions on Iran over its nuclear program.

Inflation is expected to worsen with a gasoline price change introduced in recent weeks.

Iran’s currency was trading at 32,000 rials to the dollar at the time of the 2015 nuclear accord that lifted international sanctions in exchange for tight controls on Iran’s nuclear program. That deal unraveled after President Donald Trump unilaterally withdrew the United States from it in 2018, during his first term.