World

  • China’s four biggest banks need $105bn capital injection to drive economic stimulus steps, says report

    As China steps up efforts to stabilise its economy with fresh stimulus, four biggest banks, including Agricultural Bank of China and Bank of China, needed $105 billion or 738 billion yuan of total loss-absorption capacity (TLAC) capital as of end-June, as per S&P Global Ratings. According to analysts, the country’s top banks would need to be capitalised at the earliest…

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  • Boa constrictor gives birth to 14 baby snakes after living alone for nearly a decade

    Ronaldo, a 6-foot Brazilian rainbow boa constrictor kept at a school in England, was thought to be male — until the snake gave birth to 14 babies last month. The boa had not had contact with another snake for nearly a decade, so she appears to have undergone a natural process of asexual reproduction called parthenogenesis. The term is derived from…

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  • Federal Ministry of Agriculture gives update on poisoned animals at Ilorin Market

    The Federal Ministry of Agriculture and Food Security has reassured the public that it will keep collaborating with States Veterinary Services to ensure that the best veterinary and agricultural practices are followed. According to the Ministry, this includes working specifically on disease, agricultural pests, and hazard prevention and control to improve animal welfare and guarantee the availability of healthy food…

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  • Israel ‘must be punished’ for consulate strike, says Iran supreme leader

    Iran’s Supreme Leader Ali Khamenei says Tehran will retaliate for Israel’s alleged bombing of a consulate building in Damascus earlier this month. “When they attack the consulate, it is as if they have attacked our soil,” Khamenei says in a sermon following Eid al-Fitr prayers at Tehran’s Grand Mosque, where a large crowd has gathered to mark the end of…

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  • Gaza war: Turkey restricts exports to Israel

    Turkey has announced restrictions on exports to Israel after the Turkish foreign minister accused Israel of denying a request to airdrop aid to Gaza. In a statement Tuesday, the Turkish Ministry of Trade condemned Israel’s actions preventing access to “the most basic food, medical care and supplies” for the people of Gaza and said it had placed a ban on…

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  • Bassirou Diomaye Faye sworn in as Senegal’s new president

    Senegal inaugurated Bassirou Diomaye Faye as its new president on Tuesday, completing the previously little-known opposition figure’s dramatic ascent from prison to the palace in recent weeks. A report by AP stated that Faye was released from prison less than two weeks before the March 24 election, along with popular opposition figure and mentor Ousmane Sonko, following a political amnesty…

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  • Turkish’s main opposition party stuns Erdogan with historic victory

    Turkey’s main opposition party has claimed big election victories in the main cities of Istanbul and Ankara. A report by BBC stated the results are a significant blow for Recep Tayyip Erdogan, who had hoped to regain control of the cities less than a year after he claimed a third term as president. He led the campaign to win in…

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  • Xi Jinping engages American CEOs to boost confidence in China’s economy

    Chinese leader Xi Jinping met more than a dozen US CEOs and academics on Wednesday as Beijing renewed efforts to woo back foreign investors and mend strained relations with the United States. Foreign direct investment in China has slumped in recent months as a combination of slower growth, regulatory crackdowns, onerous national security legislation and questions about the country’s long-term…

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  • Presidential result: Senegal opposition’s Bassirou Faye in early lead

    Early results in Senegal’s presidential election suggest opposition candidate Bassirou Faye may have clinched an outright majority, though his rival in the ruling coalition said a run-off vote would be needed to determine the winner. A report by Reuter on Monday stated that the opposition supporters celebrated in the streets of the capital Dakar into the early hours of Monday…

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  • No country is immune to terrorism, says Kremlin

    The Kremlin said on Monday that no country was immune to terrorism when asked if there had been a major failure by security services in preventing Friday’s deadly attack on a concert hall, the worst attack inside Russia for two decades. At least 137 people were killed and 182 injured when four men burst into the Crocus City Hall, spraying…

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