Following weeks of speculation and mixed signals, Britain's center-left government will deliver a budget Wednesday aimed at pleasing financial markets, businesses and jaded voters — an all-but-impossible task for an already unpopular administration.

In her second annual budget since the Labour Party returned to power after 14 years with a landslide election victory in July 2024, Treasury chief Rachel Reeves is set to tell lawmakers that more tax-raising measures are necessary to plug a hole in the public finances.

Kirill Dmitriev is not a professional diplomat. But the head of Russia's sovereign wealth fund has emerged as a key player in drafting a new proposal to end Moscow's war in Ukraine.

That is perhaps no surprise: A former investment banker, Dmitriev has increasingly served as a back-channel communicator between the Kremlin and allies of U.S. President Donald Trump, despite being on the U.S. sanctions list.

The Russia-Ukraine war has seen almost four years of failed peace plans, blueprints and high-level summits. A new U.S. push to end the fighting has set off the latest flurry of diplomacy, with American, European, Russian and Ukrainian officials all trying to shape the outcome of Europe's deadliest conflict since World War II.

Tilted heavily toward Russia's aims, the U.S.-backed proposal presented to Ukraine last week set off alarm bells in Kyiv and other European capitals. Ukraine and its allies offered a set of counterproposals that revamped the plan's points. Ukrainian and European leaders expressed optimism about the talks' momentum, but awaited responses from Washington and Moscow that are crucial.

Rescuers recovered more bodies in the search for dozens of people buried under landslides or swept away after torrential rains unleashed flash floods and triggered landslides on Indonesia's Sumatra island, increasing the death toll to 17 and leaving six people missing, officials said Wednesday.

Rescue teams were struggling to reach affected areas in six regencies of North Sumatra province after the monsoon rains over the past week caused rivers to burst their banks, tearing through hilly villages as mud, rocks and trees tumbled down, leaving destruction in their wake, the National Police said in a statement.

A court on Wednesday convicted a Turkish journalist of threatening President Recep Tayyip Erdogan, reports said, in a case that critics view as an attempt to silence a prominent voice against the government.

Fatih Altayli, 63, a veteran journalist whose YouTube programs attracted hundreds of thousands of views daily, was sentenced to four years and two months in prison.

Thirteen people were killed in a fire that spread across multiple high-rise apartment buildings in a Hong Kong housing complex, the city's fire services said Wednesday.

Nine people were declared dead on the scene and four others who were sent to the hospital were later confirmed dead, authorities told reporters.

Lebanon and Cyprus on Wednesday signed a treaty to demarcate their maritime border, with the Cypriot president calling it a “strategic achievement that sends a strong message.”

The treaty ends an almost 20-year impasse that had stalled some oil and gas exploration in the Mediterranean Sea, as Europe seeks alternatives to Russian fuel.

The Olympic flame began its journey Wednesday to the Milan Cortina Winter Games — missing a little of its usual magic.

Bad weather lashing western Greece forced organizers to move the torch-lighting ceremony indoors, from Olympia's ancient stadium and temples to a nearby museum.

President Donald Trump has said his plan to end the war in Ukraine has been "fine-tuned" and he's sending envoy Steve Witkoff to meet with Russian President Vladimir Putin and Army Secretary Dan Driscoll to meet with Ukrainian officials.

Trump suggested Tuesday he could eventually meet with Putin and Ukrainian President Volodymyr Zelenskyy, but not until further progress has been made in negotiations. Speaking to reporters on Tuesday evening aboard Air Force One, Trump said resolving the war was difficult, and described what had been a 28-point plan as a work in progress. "That was not a plan — it was a concept," Trump said.

Hospital officials in Gaza said Wednesday that Israel handed over 15 more Palestinian bodies, completing the latest swap of the ceasefire as the first phase of the agreement nears a conclusion and officials convened to discuss moving to the second.

It came a day after Palestinian militants returned the remains of Israeli hostage Dror Or, who the Israeli military says was killed by the militants in their Oct. 7, 2023 attack. Israel has agreed to return 15 Palestinian bodies for each hostage returned.