World Affairs, Distilled

Markets around the world experienced significant swings on Thursday as investors reacted to signals from major central banks about their monetary policy directions. The volatility came after Federal Reserve officials indicated they may hold interest rates higher for longer than previously anticipated...

International mediators have reconvened ceasefire talks between conflicting parties, marking a renewed push for peace after weeks of escalating tensions. The negotiations, held in a neutral third country, bring together representatives from both sides along with officials from the United Nations...

In a significant development at this year's international climate summit, negotiators announced a breakthrough agreement that commits major economies to accelerated emissions reduction targets and establishes new funding mechanisms for climate adaptation in developing nations...