Global News
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Macron’s election gamble puts French democracy on the table
Two neighbouring countries are approaching elections that were called out of the blue. Both have governments that are expected to fall. In both countries political tensions have divided families and friends. Stop. At this point, all attempts to draw parallels between the British and French elections must cease. Because however much might be at issue in the UK election –…
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WikiLeaks founder Julian Assange’s plane leaves Bangkok on his way to a US court and later freedom
A plane with WikiLeaks founder Julian Assange departed Bangkok after refueling Tuesday and he is on the way to Saipan to enter a plea deal with the U.S. government that will free him and resolve the legal case over the publication of a trove of classified documents. The chartered flight from London that Assange’s wife, Stella, confirmed was carrying her…
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Dollar’s dominance secure, as BRICS see no progress on de-dollarization, says report
The U.S. dollar remains the world’s primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council’s GeoEconomics Center shows. The group’s “Dollar Dominance Monitor”, opens new tab said the dollar continued to dominate foreign reserve holdings, trade invoicing, and currency transactions…
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Wikileaks Founder Assange regains freedom after US plea deal
WikiLeaks founder Julian Assange has regained his freedom after a plea deal with US authorities. His wife, Stella on Tuesday said a judge signs off on a plea deal with US authorities to bring to a close his years-long legal drama. Assange was released Monday from a high-security British prison where he had been held for five years while he…
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Global banks target Switzerland after Credit Suisse takeovers by UBS
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies’ desire to spread their business, according to a report by Reuters. France’s BNP Paribas, Deutsche Bank and US lenders Citi and Bank of America are among those increasing staffing and courting smaller companies that form the…
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More than a dozen killed in synagogue, church attacks in Russia’s Dagestan
Gunmen have attacked churches, a synagogue and a police post in Russia’s North Caucasus region of Dagestan, killing at least 15 police and National Guard officers, several civilians and an Orthodox priest, according to authorities. At least 12 people were injured in the attacks, which took place in the cities of Derbent and Makhachkala on Sunday, the festival of Pentecost…
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Kagame backs opposition ban as Rwanda election nears
Rwanda’s President Paul Kagame said Saturday that his country’s democracy reflected the “unique reality of Rwandans” as he launched his election campaign at a rally in the north of the country. The central African country goes to the polls on July 15 with the incumbent widely expected to extend his 24-year rule. While Kagame has been praised for Rwanda’s economic recovery after…
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Trump says he wants foreign nationals who graduate from US colleges to ‘automatically’ receive green cards
Former President Donald Trump proposed “automatically” giving green cards to foreign nationals who graduate from a US college – comments that break from his efforts to curb both legal and illegal immigration while in office and stand in stark contrast to his inflammatory anti-immigrant rhetoric on the campaign trail. “What I want to do, and what I will do, is…
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China’s yuan to take over as US sanctions on Russia get tighter, says Think Tank
Fresh sanctions on Russia are too late to be a game-changer, but they will help cement the role of China’s yuan in place of Western currencies, a think tank said. “There is still a long way to go before there is a real threat to the dominance of the dollar, but the trend toward the fragmentation of the global financial…
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Why Hezbollah is threatening this tiny European country
In a fiery speech this week, Hezbollah leader Hassan Nasrallah singled out nearby Cyprus, threatening to target the small, divided Mediterranean island if it aids Israel in a potential war between the Lebanese militant group and Israel. “Cyprus will be part of this war too” if it opens its airports and bases to Israeli forces, the leader of the Iran-backed…
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