Latest news with #US-centred
Express Tribune
13-08-2025
- Business
- Express Tribune
OPEC lifts 2026 oil demand view
The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing to a tighter market. The outlook for higher demand and a drop in supply growth from outside OPEC+ would make it easier for OPEC+ to proceed with its plan to pump more barrels to regain market share after years of cuts aimed at supporting the market. World oil demand will rise by 1.38 million barrels per day in 2026, the OPEC said in a monthly report, up 100,000 bpd from the previous forecast. This year's expectation was left unchanged. The forecasts are at the higher end of the industry range, as the agency expects a slower energy transition than some other forecasters such as the IEA, which expects world demand to rise by just 700,000 bpd this year. In the report, OPEC also increased its forecast for world economic growth slightly this year to 3.0% as US President Donald Trump's administration signs some trade deals and the economies of India, China and Brazil outperform expectations. "Economic data at the start of the second half of 2025 further confirm the resilience of global growth, despite persistent uncertainties related to US-centred trade tensions and broader geopolitical risks," OPEC said. Brent crude was steady after OPEC published the report, trading close to $66 a barrel. It reached a four-year low near $58 in April. The drop in oil prices this year, partly due to OPEC+ output hikes and concern about US tariffs, has put pressure on the economics of US shale output, analysts say. OPEC+ sources have told Reuters that the group's policy shift to raise output after years of supporting the market with cuts was driven partly to take on US shale production. OPEC's report on Tuesday said US output of tight oil, another term for shale, will decline by 100,000 bpd in 2026 versus last month's outlook for flat output year-on-year.
Saudi Gazette
12-08-2025
- Business
- Saudi Gazette
OPEC raises global oil demand forecast for 2026
VIENNA — The Organization of Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for 2026. The organization also trimmed its forecast for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing to a tighter market outlook. The outlook for higher demand and a drop in supply growth from outside OPEC+, which groups OPEC with Russia and other allies, would make it easier for OPEC+ to proceed with its plan to pump more barrels to regain market share after years of cuts aimed at supporting the market. World oil demand will rise by 1.38 million barrels per day in 2026, the OPEC said in a monthly report, up 100,000 bpd from the previous forecast. This year's expectation was left unchanged. In the report, OPEC also increased its forecast for world economic growth slightly this year to 3 percent as US President Donald Trump's administration signs some trade deals and the economies of India, China and Brazil outperform expectations. "Economic data at the start of the second half of 2025 further confirm the resilience of global growth, despite persistent uncertainties related to US-centred trade tensions and broader geopolitical risks," OPEC said in the report. Oil supply from countries outside the organization will rise by about 630,000 bpd in 2026, OPEC said, down from last month's forecast of 730,000 bpd. OPEC's report said it now expects US output of tight oil, another term for shale, to decline by 100,000 bpd in 2026, versus last month's outlook for flat output year on year. "The 2026 forecast assumes sustained capital discipline, additional drilling and completion efficiency gains, weaker momentum in drilling activities and increased associated gas production in key shale oil regions," OPEC said. OPEC's report also showed that in July, OPEC+ raised crude output by 335,000 bpd, a further increase reflecting its decisions this year to increase output quotas
The Advertiser
04-06-2025
- Business
- The Advertiser
Pacific media face reckoning after US aid cuts
America's retreat from foreign aid is being felt deeply in Pacific media, where pivotal outlets are being shuttered and journalists work unpaid. The result is fewer investigations into dubiously motivated politicians, glimpses into conflicts otherwise unseen and a less diverse media in a region which desperately needs it. "It is a huge disappointment ... a senseless waste," Benar News' Australian head of Pacific news, Stefan Armbruster, told AAP after seeing his outlet go under. Benar News, In-depth Solomons and Inside PNG are three digital outlets which enjoyed US support but have been cruelled by President Donald Trump's about-face on aid. Benar closed its doors in April after an executive order disestablishing Voice of America, which the Unitd States created during World War II to combat Nazi propaganda. An offshoot of Radio Free Asia (RFA) focused on Southeast Asia and the Pacific, Benar kept a close eye on abuses in West Papua, massacres and gender-based violence in Papua New Guinea and more. The Pacific arm quickly became indispensable to many, with a team of reporters and freelancers working in 15 countries on a budget under $A1 million. "Our coverage of decolonisation in the Pacific received huge interest, as did our coverage of the lack women's representation in parliaments, human rights, media freedom, deep sea mining and more," Mr Armbruster said. In-depth Solomons, a Honiara-based digital outlet, is another facing an existential threat despite a proud record of investigative and award-winning reporting. Last week, it was honoured with a peer-nominated award from the Foreign Correspondents' Club of Japan for a year-long probe into former prime minister Manasseh Sogavare's property holdings. "We're just holding on," editor and co-founder Ofani Eremae told AAP. A US-centred think tank continues to pay the wage of one journalist, while others haven't drawn a salary since January. "It has had an impact on our operations. We used to travel out to do stories across the provinces. That has not been done since early this year," Mr Eremae said. A private donor came forward after learning of the cuts with a one-off grant that was used for rent to secure the office, he said. Its funding shortfall - like Port Moresby-based outlet Inside PNG - is linked to USAID, the world's biggest single funder of development assistance, until Mr Trump axed its multi-billion dollar budget. Much of USAID's funding was spent on humanitarian causes - such as vaccines, clean water supplies and food security - but some was also earmarked for media in developing nations, with the aim of bolstering fragile democracies. Inside PNG used its support to build an audience of tens of thousands with incisive reports on PNG politics: not just Port Moresby, but in the regions including wantaway province Bougainville that has a long history of conflict. "The current lack of funding has unfortunately had a dual impact, affecting both our dedicated staff, whom we're currently unable to pay, and our day-to-day operations," Inside PNG managing director Kila Wani, told AAP. "We've had to let off 80 per cent of staff from payroll which is a big hit because we're not a very big team. "Logistically, it's become challenging to carry out our work as we normally would." AAP has confirmed a number of other media entities in the region which have suffered hits, but declined to share their stories. The funding hits are all the more damaging given the challenges faced by the Pacific, as outlined in the Pacific Islands Media Freedom Index. The latest report listed a string of challenges, notably weak legal protections for free speech, political interference on editorial independence, and a lack of funding underpinning high-quality media, in the region. The burning question for these outlets - and their audiences - is do other sources of funding exist to fill the gap? Inside PNG is refocusing energy on attracting new donors, as is In-depth Solomons, which has also turned to crowdfunding. The Australian and New Zealand governments have also provided targeted support for the media sector across the region, including ABC International Development (ABCID), which has enjoyed a budget increase from Anthony Albanese's government. Inside PNG and In-depth Solomons both receive training and content-focused grants from ABCID, which helps, but doesn't fund the underpinning costs for a media business or keep on the lights. Both Mr Eremae, who edited two major newspapers before founding the investigative outlet, and Mr Armbruster, a long-time SBS Correspondent, expressed their dismay at the US pivot away from the Pacific. "It's a huge mistake on the part of the US ... the world's leading democracy. The media is one of the pillars of democracy," Mr Eremae said. "It is, I believe, in the interests of the US and other democratic countries to give funding to media in countries like the Solomon Islands where we cannot survive due to lack of advertising (budgets). As a veteran of Pacific reporting, Mr Armbruster said he had witnessed US disinterest in the region contribute to the wider geopolitical struggle for influence. "The US government was trying to re-establish its presence after vacating the space decades ago. It had promised to re-engage, dedicating funding largely driven by its efforts to counter China, only to now betray those expectations," he said. "The US government has senselessly destroyed a highly valued news service in the Pacific. An own goal." America's retreat from foreign aid is being felt deeply in Pacific media, where pivotal outlets are being shuttered and journalists work unpaid. The result is fewer investigations into dubiously motivated politicians, glimpses into conflicts otherwise unseen and a less diverse media in a region which desperately needs it. "It is a huge disappointment ... a senseless waste," Benar News' Australian head of Pacific news, Stefan Armbruster, told AAP after seeing his outlet go under. Benar News, In-depth Solomons and Inside PNG are three digital outlets which enjoyed US support but have been cruelled by President Donald Trump's about-face on aid. Benar closed its doors in April after an executive order disestablishing Voice of America, which the Unitd States created during World War II to combat Nazi propaganda. An offshoot of Radio Free Asia (RFA) focused on Southeast Asia and the Pacific, Benar kept a close eye on abuses in West Papua, massacres and gender-based violence in Papua New Guinea and more. The Pacific arm quickly became indispensable to many, with a team of reporters and freelancers working in 15 countries on a budget under $A1 million. "Our coverage of decolonisation in the Pacific received huge interest, as did our coverage of the lack women's representation in parliaments, human rights, media freedom, deep sea mining and more," Mr Armbruster said. In-depth Solomons, a Honiara-based digital outlet, is another facing an existential threat despite a proud record of investigative and award-winning reporting. Last week, it was honoured with a peer-nominated award from the Foreign Correspondents' Club of Japan for a year-long probe into former prime minister Manasseh Sogavare's property holdings. "We're just holding on," editor and co-founder Ofani Eremae told AAP. A US-centred think tank continues to pay the wage of one journalist, while others haven't drawn a salary since January. "It has had an impact on our operations. We used to travel out to do stories across the provinces. That has not been done since early this year," Mr Eremae said. A private donor came forward after learning of the cuts with a one-off grant that was used for rent to secure the office, he said. Its funding shortfall - like Port Moresby-based outlet Inside PNG - is linked to USAID, the world's biggest single funder of development assistance, until Mr Trump axed its multi-billion dollar budget. Much of USAID's funding was spent on humanitarian causes - such as vaccines, clean water supplies and food security - but some was also earmarked for media in developing nations, with the aim of bolstering fragile democracies. Inside PNG used its support to build an audience of tens of thousands with incisive reports on PNG politics: not just Port Moresby, but in the regions including wantaway province Bougainville that has a long history of conflict. "The current lack of funding has unfortunately had a dual impact, affecting both our dedicated staff, whom we're currently unable to pay, and our day-to-day operations," Inside PNG managing director Kila Wani, told AAP. "We've had to let off 80 per cent of staff from payroll which is a big hit because we're not a very big team. "Logistically, it's become challenging to carry out our work as we normally would." AAP has confirmed a number of other media entities in the region which have suffered hits, but declined to share their stories. The funding hits are all the more damaging given the challenges faced by the Pacific, as outlined in the Pacific Islands Media Freedom Index. The latest report listed a string of challenges, notably weak legal protections for free speech, political interference on editorial independence, and a lack of funding underpinning high-quality media, in the region. The burning question for these outlets - and their audiences - is do other sources of funding exist to fill the gap? Inside PNG is refocusing energy on attracting new donors, as is In-depth Solomons, which has also turned to crowdfunding. The Australian and New Zealand governments have also provided targeted support for the media sector across the region, including ABC International Development (ABCID), which has enjoyed a budget increase from Anthony Albanese's government. Inside PNG and In-depth Solomons both receive training and content-focused grants from ABCID, which helps, but doesn't fund the underpinning costs for a media business or keep on the lights. Both Mr Eremae, who edited two major newspapers before founding the investigative outlet, and Mr Armbruster, a long-time SBS Correspondent, expressed their dismay at the US pivot away from the Pacific. "It's a huge mistake on the part of the US ... the world's leading democracy. The media is one of the pillars of democracy," Mr Eremae said. "It is, I believe, in the interests of the US and other democratic countries to give funding to media in countries like the Solomon Islands where we cannot survive due to lack of advertising (budgets). As a veteran of Pacific reporting, Mr Armbruster said he had witnessed US disinterest in the region contribute to the wider geopolitical struggle for influence. "The US government was trying to re-establish its presence after vacating the space decades ago. It had promised to re-engage, dedicating funding largely driven by its efforts to counter China, only to now betray those expectations," he said. "The US government has senselessly destroyed a highly valued news service in the Pacific. An own goal." America's retreat from foreign aid is being felt deeply in Pacific media, where pivotal outlets are being shuttered and journalists work unpaid. The result is fewer investigations into dubiously motivated politicians, glimpses into conflicts otherwise unseen and a less diverse media in a region which desperately needs it. "It is a huge disappointment ... a senseless waste," Benar News' Australian head of Pacific news, Stefan Armbruster, told AAP after seeing his outlet go under. Benar News, In-depth Solomons and Inside PNG are three digital outlets which enjoyed US support but have been cruelled by President Donald Trump's about-face on aid. Benar closed its doors in April after an executive order disestablishing Voice of America, which the Unitd States created during World War II to combat Nazi propaganda. An offshoot of Radio Free Asia (RFA) focused on Southeast Asia and the Pacific, Benar kept a close eye on abuses in West Papua, massacres and gender-based violence in Papua New Guinea and more. The Pacific arm quickly became indispensable to many, with a team of reporters and freelancers working in 15 countries on a budget under $A1 million. "Our coverage of decolonisation in the Pacific received huge interest, as did our coverage of the lack women's representation in parliaments, human rights, media freedom, deep sea mining and more," Mr Armbruster said. In-depth Solomons, a Honiara-based digital outlet, is another facing an existential threat despite a proud record of investigative and award-winning reporting. Last week, it was honoured with a peer-nominated award from the Foreign Correspondents' Club of Japan for a year-long probe into former prime minister Manasseh Sogavare's property holdings. "We're just holding on," editor and co-founder Ofani Eremae told AAP. A US-centred think tank continues to pay the wage of one journalist, while others haven't drawn a salary since January. "It has had an impact on our operations. We used to travel out to do stories across the provinces. That has not been done since early this year," Mr Eremae said. A private donor came forward after learning of the cuts with a one-off grant that was used for rent to secure the office, he said. Its funding shortfall - like Port Moresby-based outlet Inside PNG - is linked to USAID, the world's biggest single funder of development assistance, until Mr Trump axed its multi-billion dollar budget. Much of USAID's funding was spent on humanitarian causes - such as vaccines, clean water supplies and food security - but some was also earmarked for media in developing nations, with the aim of bolstering fragile democracies. Inside PNG used its support to build an audience of tens of thousands with incisive reports on PNG politics: not just Port Moresby, but in the regions including wantaway province Bougainville that has a long history of conflict. "The current lack of funding has unfortunately had a dual impact, affecting both our dedicated staff, whom we're currently unable to pay, and our day-to-day operations," Inside PNG managing director Kila Wani, told AAP. "We've had to let off 80 per cent of staff from payroll which is a big hit because we're not a very big team. "Logistically, it's become challenging to carry out our work as we normally would." AAP has confirmed a number of other media entities in the region which have suffered hits, but declined to share their stories. The funding hits are all the more damaging given the challenges faced by the Pacific, as outlined in the Pacific Islands Media Freedom Index. The latest report listed a string of challenges, notably weak legal protections for free speech, political interference on editorial independence, and a lack of funding underpinning high-quality media, in the region. The burning question for these outlets - and their audiences - is do other sources of funding exist to fill the gap? Inside PNG is refocusing energy on attracting new donors, as is In-depth Solomons, which has also turned to crowdfunding. The Australian and New Zealand governments have also provided targeted support for the media sector across the region, including ABC International Development (ABCID), which has enjoyed a budget increase from Anthony Albanese's government. Inside PNG and In-depth Solomons both receive training and content-focused grants from ABCID, which helps, but doesn't fund the underpinning costs for a media business or keep on the lights. Both Mr Eremae, who edited two major newspapers before founding the investigative outlet, and Mr Armbruster, a long-time SBS Correspondent, expressed their dismay at the US pivot away from the Pacific. "It's a huge mistake on the part of the US ... the world's leading democracy. The media is one of the pillars of democracy," Mr Eremae said. "It is, I believe, in the interests of the US and other democratic countries to give funding to media in countries like the Solomon Islands where we cannot survive due to lack of advertising (budgets). As a veteran of Pacific reporting, Mr Armbruster said he had witnessed US disinterest in the region contribute to the wider geopolitical struggle for influence. "The US government was trying to re-establish its presence after vacating the space decades ago. It had promised to re-engage, dedicating funding largely driven by its efforts to counter China, only to now betray those expectations," he said. "The US government has senselessly destroyed a highly valued news service in the Pacific. An own goal." America's retreat from foreign aid is being felt deeply in Pacific media, where pivotal outlets are being shuttered and journalists work unpaid. The result is fewer investigations into dubiously motivated politicians, glimpses into conflicts otherwise unseen and a less diverse media in a region which desperately needs it. "It is a huge disappointment ... a senseless waste," Benar News' Australian head of Pacific news, Stefan Armbruster, told AAP after seeing his outlet go under. Benar News, In-depth Solomons and Inside PNG are three digital outlets which enjoyed US support but have been cruelled by President Donald Trump's about-face on aid. Benar closed its doors in April after an executive order disestablishing Voice of America, which the Unitd States created during World War II to combat Nazi propaganda. An offshoot of Radio Free Asia (RFA) focused on Southeast Asia and the Pacific, Benar kept a close eye on abuses in West Papua, massacres and gender-based violence in Papua New Guinea and more. The Pacific arm quickly became indispensable to many, with a team of reporters and freelancers working in 15 countries on a budget under $A1 million. "Our coverage of decolonisation in the Pacific received huge interest, as did our coverage of the lack women's representation in parliaments, human rights, media freedom, deep sea mining and more," Mr Armbruster said. In-depth Solomons, a Honiara-based digital outlet, is another facing an existential threat despite a proud record of investigative and award-winning reporting. Last week, it was honoured with a peer-nominated award from the Foreign Correspondents' Club of Japan for a year-long probe into former prime minister Manasseh Sogavare's property holdings. "We're just holding on," editor and co-founder Ofani Eremae told AAP. A US-centred think tank continues to pay the wage of one journalist, while others haven't drawn a salary since January. "It has had an impact on our operations. We used to travel out to do stories across the provinces. That has not been done since early this year," Mr Eremae said. A private donor came forward after learning of the cuts with a one-off grant that was used for rent to secure the office, he said. Its funding shortfall - like Port Moresby-based outlet Inside PNG - is linked to USAID, the world's biggest single funder of development assistance, until Mr Trump axed its multi-billion dollar budget. Much of USAID's funding was spent on humanitarian causes - such as vaccines, clean water supplies and food security - but some was also earmarked for media in developing nations, with the aim of bolstering fragile democracies. Inside PNG used its support to build an audience of tens of thousands with incisive reports on PNG politics: not just Port Moresby, but in the regions including wantaway province Bougainville that has a long history of conflict. "The current lack of funding has unfortunately had a dual impact, affecting both our dedicated staff, whom we're currently unable to pay, and our day-to-day operations," Inside PNG managing director Kila Wani, told AAP. "We've had to let off 80 per cent of staff from payroll which is a big hit because we're not a very big team. "Logistically, it's become challenging to carry out our work as we normally would." AAP has confirmed a number of other media entities in the region which have suffered hits, but declined to share their stories. The funding hits are all the more damaging given the challenges faced by the Pacific, as outlined in the Pacific Islands Media Freedom Index. The latest report listed a string of challenges, notably weak legal protections for free speech, political interference on editorial independence, and a lack of funding underpinning high-quality media, in the region. The burning question for these outlets - and their audiences - is do other sources of funding exist to fill the gap? Inside PNG is refocusing energy on attracting new donors, as is In-depth Solomons, which has also turned to crowdfunding. The Australian and New Zealand governments have also provided targeted support for the media sector across the region, including ABC International Development (ABCID), which has enjoyed a budget increase from Anthony Albanese's government. Inside PNG and In-depth Solomons both receive training and content-focused grants from ABCID, which helps, but doesn't fund the underpinning costs for a media business or keep on the lights. Both Mr Eremae, who edited two major newspapers before founding the investigative outlet, and Mr Armbruster, a long-time SBS Correspondent, expressed their dismay at the US pivot away from the Pacific. "It's a huge mistake on the part of the US ... the world's leading democracy. The media is one of the pillars of democracy," Mr Eremae said. "It is, I believe, in the interests of the US and other democratic countries to give funding to media in countries like the Solomon Islands where we cannot survive due to lack of advertising (budgets). As a veteran of Pacific reporting, Mr Armbruster said he had witnessed US disinterest in the region contribute to the wider geopolitical struggle for influence. "The US government was trying to re-establish its presence after vacating the space decades ago. It had promised to re-engage, dedicating funding largely driven by its efforts to counter China, only to now betray those expectations," he said. "The US government has senselessly destroyed a highly valued news service in the Pacific. An own goal."
West Australian
03-06-2025
- Business
- West Australian
Pacific media face reckoning after US aid cuts
America's retreat from foreign aid is being felt deeply in Pacific media, where pivotal outlets are being shuttered and journalists work unpaid. The result is fewer investigations into dubiously motivated politicians, glimpses into conflicts otherwise unseen and a less diverse media in a region which desperately needs it. "It is a huge disappointment ... a senseless waste," Benar News' Australian head of Pacific news, Stefan Armbruster, told AAP after seeing his outlet go under. Benar News, In-depth Solomons and Inside PNG are three digital outlets which enjoyed US support but have been cruelled by President Donald Trump's about-face on aid. Benar closed its doors in April after an executive order disestablishing Voice of America, which the Unitd States created during World War II to combat Nazi propaganda. An offshoot of Radio Free Asia (RFA) focused on Southeast Asia and the Pacific, Benar kept a close eye on abuses in West Papua, massacres and gender-based violence in Papua New Guinea and more. The Pacific arm quickly became indispensable to many, with a team of reporters and freelancers working in 15 countries on a budget under $A1 million. "Our coverage of decolonisation in the Pacific received huge interest, as did our coverage of the lack women's representation in parliaments, human rights, media freedom, deep sea mining and more," Mr Armbruster said. In-depth Solomons, a Honiara-based digital outlet, is another facing an existential threat despite a proud record of investigative and award-winning reporting. Last week, it was honoured with a peer-nominated award from the Foreign Correspondents' Club of Japan for a year-long probe into former prime minister Manasseh Sogavare's property holdings. "We're just holding on," editor and co-founder Ofani Eremae told AAP. A US-centred think tank continues to pay the wage of one journalist, while others haven't drawn a salary since January. "It has had an impact on our operations. We used to travel out to do stories across the provinces. That has not been done since early this year," Mr Eremae said. A private donor came forward after learning of the cuts with a one-off grant that was used for rent to secure the office, he said. Its funding shortfall - like Port Moresby-based outlet Inside PNG - is linked to USAID, the world's biggest single funder of development assistance, until Mr Trump axed its multi-billion dollar budget. Much of USAID's funding was spent on humanitarian causes - such as vaccines, clean water supplies and food security - but some was also earmarked for media in developing nations, with the aim of bolstering fragile democracies. Inside PNG used its support to build an audience of tens of thousands with incisive reports on PNG politics: not just Port Moresby, but in the regions including wantaway province Bougainville that has a long history of conflict. "The current lack of funding has unfortunately had a dual impact, affecting both our dedicated staff, whom we're currently unable to pay, and our day-to-day operations," Inside PNG managing director Kila Wani, told AAP. "We've had to let off 80 per cent of staff from payroll which is a big hit because we're not a very big team. "Logistically, it's become challenging to carry out our work as we normally would." AAP has confirmed a number of other media entities in the region which have suffered hits, but declined to share their stories. The funding hits are all the more damaging given the challenges faced by the Pacific, as outlined in the Pacific Islands Media Freedom Index . The latest report listed a string of challenges, notably weak legal protections for free speech, political interference on editorial independence, and a lack of funding underpinning high-quality media, in the region. The burning question for these outlets - and their audiences - is do other sources of funding exist to fill the gap? Inside PNG is refocusing energy on attracting new donors, as is In-depth Solomons, which has also turned to crowdfunding. The Australian and New Zealand governments have also provided targeted support for the media sector across the region, including ABC International Development (ABCID), which has enjoyed a budget increase from Anthony Albanese's government. Inside PNG and In-depth Solomons both receive training and content-focused grants from ABCID, which helps, but doesn't fund the underpinning costs for a media business or keep on the lights. Both Mr Eremae, who edited two major newspapers before founding the investigative outlet, and Mr Armbruster, a long-time SBS Correspondent, expressed their dismay at the US pivot away from the Pacific. "It's a huge mistake on the part of the US ... the world's leading democracy. The media is one of the pillars of democracy," Mr Eremae said. "It is, I believe, in the interests of the US and other democratic countries to give funding to media in countries like the Solomon Islands where we cannot survive due to lack of advertising (budgets). As a veteran of Pacific reporting, Mr Armbruster said he had witnessed US disinterest in the region contribute to the wider geopolitical struggle for influence. "The US government was trying to re-establish its presence after vacating the space decades ago. It had promised to re-engage, dedicating funding largely driven by its efforts to counter China, only to now betray those expectations," he said. "The US government has senselessly destroyed a highly valued news service in the Pacific. An own goal."
Perth Now
03-06-2025
- Business
- Perth Now
Pacific media face reckoning after US aid cuts
America's retreat from foreign aid is being felt deeply in Pacific media, where pivotal outlets are being shuttered and journalists work unpaid. The result is fewer investigations into dubiously motivated politicians, glimpses into conflicts otherwise unseen and a less diverse media in a region which desperately needs it. "It is a huge disappointment ... a senseless waste," Benar News' Australian head of Pacific news, Stefan Armbruster, told AAP after seeing his outlet go under. Benar News, In-depth Solomons and Inside PNG are three digital outlets which enjoyed US support but have been cruelled by President Donald Trump's about-face on aid. Benar closed its doors in April after an executive order disestablishing Voice of America, which the Unitd States created during World War II to combat Nazi propaganda. An offshoot of Radio Free Asia (RFA) focused on Southeast Asia and the Pacific, Benar kept a close eye on abuses in West Papua, massacres and gender-based violence in Papua New Guinea and more. The Pacific arm quickly became indispensable to many, with a team of reporters and freelancers working in 15 countries on a budget under $A1 million. "Our coverage of decolonisation in the Pacific received huge interest, as did our coverage of the lack women's representation in parliaments, human rights, media freedom, deep sea mining and more," Mr Armbruster said. In-depth Solomons, a Honiara-based digital outlet, is another facing an existential threat despite a proud record of investigative and award-winning reporting. Last week, it was honoured with a peer-nominated award from the Foreign Correspondents' Club of Japan for a year-long probe into former prime minister Manasseh Sogavare's property holdings. "We're just holding on," editor and co-founder Ofani Eremae told AAP. A US-centred think tank continues to pay the wage of one journalist, while others haven't drawn a salary since January. "It has had an impact on our operations. We used to travel out to do stories across the provinces. That has not been done since early this year," Mr Eremae said. A private donor came forward after learning of the cuts with a one-off grant that was used for rent to secure the office, he said. Its funding shortfall - like Port Moresby-based outlet Inside PNG - is linked to USAID, the world's biggest single funder of development assistance, until Mr Trump axed its multi-billion dollar budget. Much of USAID's funding was spent on humanitarian causes - such as vaccines, clean water supplies and food security - but some was also earmarked for media in developing nations, with the aim of bolstering fragile democracies. Inside PNG used its support to build an audience of tens of thousands with incisive reports on PNG politics: not just Port Moresby, but in the regions including wantaway province Bougainville that has a long history of conflict. "The current lack of funding has unfortunately had a dual impact, affecting both our dedicated staff, whom we're currently unable to pay, and our day-to-day operations," Inside PNG managing director Kila Wani, told AAP. "We've had to let off 80 per cent of staff from payroll which is a big hit because we're not a very big team. "Logistically, it's become challenging to carry out our work as we normally would." AAP has confirmed a number of other media entities in the region which have suffered hits, but declined to share their stories. The funding hits are all the more damaging given the challenges faced by the Pacific, as outlined in the Pacific Islands Media Freedom Index. The latest report listed a string of challenges, notably weak legal protections for free speech, political interference on editorial independence, and a lack of funding underpinning high-quality media, in the region. The burning question for these outlets - and their audiences - is do other sources of funding exist to fill the gap? Inside PNG is refocusing energy on attracting new donors, as is In-depth Solomons, which has also turned to crowdfunding. The Australian and New Zealand governments have also provided targeted support for the media sector across the region, including ABC International Development (ABCID), which has enjoyed a budget increase from Anthony Albanese's government. Inside PNG and In-depth Solomons both receive training and content-focused grants from ABCID, which helps, but doesn't fund the underpinning costs for a media business or keep on the lights. Both Mr Eremae, who edited two major newspapers before founding the investigative outlet, and Mr Armbruster, a long-time SBS Correspondent, expressed their dismay at the US pivot away from the Pacific. "It's a huge mistake on the part of the US ... the world's leading democracy. The media is one of the pillars of democracy," Mr Eremae said. "It is, I believe, in the interests of the US and other democratic countries to give funding to media in countries like the Solomon Islands where we cannot survive due to lack of advertising (budgets). As a veteran of Pacific reporting, Mr Armbruster said he had witnessed US disinterest in the region contribute to the wider geopolitical struggle for influence. "The US government was trying to re-establish its presence after vacating the space decades ago. It had promised to re-engage, dedicating funding largely driven by its efforts to counter China, only to now betray those expectations," he said. "The US government has senselessly destroyed a highly valued news service in the Pacific. An own goal."
