Harvard Rejects Trump Demands, Gets Hit by $2.3 Billion Funding Freeze 

A student protester stands in front of the statue of John Harvard, the first major benefactor of Harvard College, draped in the Palestinian flag, at an encampment of students protesting against the war in Gaza, at Harvard University in Cambridge, Mass., April 25, 2024. (AP)
A student protester stands in front of the statue of John Harvard, the first major benefactor of Harvard College, draped in the Palestinian flag, at an encampment of students protesting against the war in Gaza, at Harvard University in Cambridge, Mass., April 25, 2024. (AP)
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Harvard Rejects Trump Demands, Gets Hit by $2.3 Billion Funding Freeze 

A student protester stands in front of the statue of John Harvard, the first major benefactor of Harvard College, draped in the Palestinian flag, at an encampment of students protesting against the war in Gaza, at Harvard University in Cambridge, Mass., April 25, 2024. (AP)
A student protester stands in front of the statue of John Harvard, the first major benefactor of Harvard College, draped in the Palestinian flag, at an encampment of students protesting against the war in Gaza, at Harvard University in Cambridge, Mass., April 25, 2024. (AP)

Harvard on Monday rejected numerous demands from the Trump administration that it said would cede control of the school to a conservative government that portrays universities as dangerously leftist. Within hours of Harvard taking its stand, the administration of President Donald Trump announced it was freezing $2.3 billion in federal funding to the school.

The funding freeze comes after the Trump administration said last month it was reviewing $9 billion in federal contracts and grants to Harvard as part of a crackdown on what it says is antisemitism that erupted on college campuses during pro-Palestinian protests in the past 18 months.

On Monday, a Department of Education task force on combating antisemitism accused America's oldest university of having a "troubling entitlement mindset that is endemic in our nation's most prestigious universities and colleges - that federal investment does not come with the responsibility to uphold civil rights laws."

The exchange escalates the high-stakes dispute between the Trump administration and some of the world's richest universities that has raised concerns about speech and academic freedoms.

The administration has frozen hundreds of millions of dollars in federal funding for numerous universities, pressing the institutions to make policy changes and citing what it says is a failure to fight antisemitism on campus.

Deportation proceedings have begun against some detained foreign students who took part in pro-Palestinian demonstrations, while visas for hundreds of other students have been canceled.

Harvard President Alan Garber wrote in a public letter on Monday that demands made by the Department of Education last week would allow the federal government "to control the Harvard community" and threaten the school's "values as a private institution devoted to the pursuit, production, and dissemination of knowledge."

"No government - regardless of which party is in power - should dictate what private universities can teach, whom they can admit and hire, and which areas of study and inquiry they can pursue," Garber wrote.

The issue of antisemitism on campus erupted before Trump took office for his second term, following pro-Palestinian student protests last year at several universities following the 2023 Hamas attack inside Israel and the subsequent Israeli attacks on Gaza.

White House spokesman Harrison Fields said in a statement on Monday that Trump was "working to Make Higher Education Great Again by ending unchecked antisemitism and ensuring federal taxpayer dollars do not fund Harvard's support of dangerous racial discrimination or racially motivated violence."

In a letter on Friday, the education department stated that Harvard had "failed to live up to both the intellectual and civil rights conditions that justify federal investment."

The department demanded that Harvard, work to reduce the influence of faculty, staff and students who are "more committed to activism than scholarship" and have an external panel audit the faculty and students of each department to ensure "viewpoint diversity."

The letter also stated that Harvard, by this August, must only hire faculty and admit students based on merit and cease all preferences based on race, color or national origin. The university must also screen international students "to prevent admitting students hostile to American values" and report to federal immigration authorities foreign students who violate conduct rules.

Last week, a group of Harvard professors sued to block the Trump administration's review of nearly $9 billion in federal contracts and grants awarded to the school.

The Trump administration is reportedly considering forcing fellow Ivy League school Columbia into a consent decree that would legally bind the school to follow federal guidelines in how it combats antisemitism.

Some Columbia professors, like those at Harvard, have sued the federal government in response. The government has suspended $400 million in federal funding and grants to Columbia.

Harvard President Garber said the federal government's demands that it "audit" the viewpoints of its students, faculty and staff to ferret out left-wing thinkers generally opposed to the Trump administration clearly violated the university's First Amendment rights to freedom of speech.

"The University will not surrender its independence or relinquish its constitutional rights," Garber wrote.

He added that while Harvard is taking steps to address antisemitism on campus, "these ends will not be achieved by assertions of power, unmoored from the law, to control teaching and learning at Harvard and to dictate how we operate."

Harvard agreed in January to provide additional protections for Jewish students under a settlement resolving two lawsuits accusing the Ivy League school of becoming a hotbed of antisemitism.

To ease any funding crunch created by any cutoff in federal funding, Harvard is working to borrow $750 million from Wall Street.



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.