The UN logo pictured in Geneva. (Keystone/Salvatore Di Nolfi)

💸Exclusive: The UN’s $60 million fiasco. After overseeing billions of dollars in funds as head of the UN Office for Project Services, Vitaly Vanshelboim is now detained in Spain and faces extradition to the United States on fraud and bribery charges, which he claims are part of a US-led campaign to silence him.

🦟World Health Organization gives approval stamp to first malaria treatment for young infants. The “prequalification” for Coartem Baby paves the way for bulk procurement for organisations distributing treatments in developing countries. Children under the age of five represent roughly three quarters of malaria deaths globally.

⛑️How political calculations undermine humanitarian aid. Heavily dependent on a small circle of western donors, aid is driven more by political calculations than by actual needs. French physician Pierre Micheletti, a board member of SOS Méditerranée, calls for a complete overhaul of a system undermined by what he describes as “compassion with double standards”.

📍ICYMI: Moscow seeks alternative venue for Geneva discussions. Russian foreign ministry spokesperson Maria Zakharova said Russia is considering relocating the discussions on security and stability in the South Caucasus, held in Geneva since 2008.

📢G7 trade ministers warn against economic coercion, call for supply chain resilience. Following their meeting in Paris, the group of leading western economies called for "constructive discussion" for “meaningful reform" at the World Trade Organization, denouncing "threats to weaponise economic dependencies".