Global News
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French writer wins 2022 Nobel Prize for Literature
French writer Annie Ernaux has been named the winner of the Nobel Prize for Literature. Ernaux’s announcement was contained in a statement by Chairman of the Nobel Committee The Swedish Academy Anders Olsson. “The 2022 Nobel Prize in Literature is awarded to the French author Annie Ernaux ‘for the courage and clinical acuity with which she uncovers the roots, estrangements…
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Ukraine regains Kherson villages from Russians
Ukrainian forces have liberated a key village in the southern region of Kherson, hastening another Russian military retreat. The defence ministry in Kyiv posted a video showing the 35th marine brigade hoisting a Ukrainian flag above Davydiv Brid, amid reports of several other nearby villages being recaptured. Russian forces have already been forced to retreat in Ukraine’s north-east. They are…
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Iran’s president tries to assuage anger as protests continue
Iranian President Ebrahim Raisi on Tuesday appealed for national unity and tried to allay anger against the country’s rulers, even as the anti-government protests that have engulfed the country for weeks continued to spread to universities and high schools. Raisi acknowledged that the Islamic Republic had “weaknesses and shortcomings,” but repeated the official line that the unrest sparked last month…
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Capt Ibrahim Traoré: Burkina Faso’s new military ruler
Said to have been a shy but intelligent boy in school, Burkina Faso’s Capt Ibrahim Traoré has become the latest military officer to seize power in a coup in one of France’s former colonies in West Africa. He overthrew his former comrade, Lt Col Paul-Henri Damiba on 30 September, after accusing him of failing to fulfil his promise of quelling…
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East Asia, Pacific sustaining growth, restraining inflation, but facing risks ahead
Growth in most of developing East Asia and the Pacific rebounded in 2022 from the effects of COVID-19, while China has lost momentum because of continued measures to contain the virus, a World Bank report has disclosed. Looking ahead, economic performance across the region could be compromised by slowing global demand, rising debt, and a reliance on short-term economic fixes…
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UN chief condemns Russia’s plan to annex Ukrainian regions
Russia’s plan to annex four Ukrainian regions would mark a “dangerous escalation” in the war in Ukraine that would jeopardise the prospects for peace, the United Nations secretary-general has warned. “Any decision to proceed with the annexation of Donetsk, Luhansk, Kherson and Zaporizhia regions of Ukraine would have no legal value and deserves to be condemned,” Antonio Guterres told reporters…
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UK borrowing costs surge and FTSE tanks after Truss and Kwarteng back mini-budget
UK borrowing costs fired higher and the country’s largest listed companies tanked today after prime minister Liz Truss and chancellor Kwasi Kwarteng doubled down on their tax cutting and borrowing plans. London’s FTSE 100, home to the UK’s top companies, shed 1.77 two per cent. The mid-cap FTSE 250 index nose dived more than three per cent. Rates across the…
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Nine dead in Iranian attacks on Kurdish rebels in northern Iraq
Iran has attacked an Iranian-Kurdish opposition group in the Kurdish region of northern Iraq, killing nine people and injuring several others, officials said. The missile and drone attacks on Wednesday focused on bases in Koya, some 60km (35 miles) east of Erbil, said Soran Nuri – a member of the Democratic Party of Iranian Kurdistan. The group, known by the…
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Can scandal-hit Ramaphosa survive as South Africa’s president?
In December, South Africa’s ruling African National Congress (ANC) will hold its elective conference, and key provinces have indicated that they will support President Cyril Ramaphosa’s bid to be re-elected as the party’s leader. But a personal scandal could see him face an impeachment vote before the conference even takes place. On June 1, 2022, the former national spy agency…
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Two Turkish banks suspend Russian Mir payments after U.S. sanctions
Turkish lenders Isbank and Denizbank have suspended use of Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine The moves, announced separately, came after Washington expanded its sanctions last week to include the head of the entity running Mir, which is popular with…
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