SANCTIONS AGAINST RUSSIA LEAD TO A GLOBAL CRISIS: PUTIN

Fri 13 May 2022: Russian President Vladimir Putin said Thursday, according to the country’s state-owned media Tass, that sanctions on Russia primarily cause a worldwide crisis. Putin stated at a conference on the economy that Western countries’ sanctions against Moscow hurt their economies as well. He noted that inflation in Europe has been rising, with […]

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KOSOVO APPLIES TO BECOME A MEMBER OF THE EUROPEAN COUNCIL

Donika Gervalla, Deputy Prime Minister of the Republic of Kosovo, with Kosovo President Vjosa Osmani. Fri 13 May 2022: Kosovo’s foreign minister said on Thursday that the country had filed for official membership in the Council of Europe. “Today, the examination procedure of our request, which will go through various stages of the Parliamentary Assembly of the Council of Europe and finally the Council of Ministers, begins,” Donika Gervalla, […]

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NAMIBIA LAUNCHES SOVEREIGN WEALTH FUND AFTER OIL DISCOVERIES

Fri 13 May 2022: Namibia established a sovereign wealth fund months after oil majors TotalEnergies and Shell discovered oil off its coast. President Hage Geingob said the Welwitschia Fund would get an initial injection of 262 million Namibian dollars ($16.3 million) and invest 2.5 percent of its portfolio locally to bridge the country’s infrastructure finance […]

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RANIL WICKREMESINGHE SWORN IN AS PM OF SRI LANKA AMID TURMOIL

Thu 12 May 2022: According to local media on Thursday, Sri Lanka’s president named Ranil Wickremesinghe as the country’s new prime minister. According to Sri Lankan news website News 1st, President Gotabaya Rajapaksa appointed opposition lawmaker Wickremesinghe. It went on to say that the 73-year-old politician “has been sworn in as Prime Minister of Sri […]

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BIDEN ADMINISTRATION SEEKS CONGRESSIONAL APPROVAL FOR SALE OF DEFENCE EQUIPMENT TO TURKEY

Thu 12 May 2022: The United States’ government under the Administration of President Joe Biden has reportedly asked Congress to approve the sale of advanced weapons and military equipment to Turkey, after years of marginalising Ankara and its defence interests. According to the Wall Street Journal, anonymous US officials familiar with the matter revealed that the […]

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NATO MEMBERSHIP TO BE DECIDED BY SWEDEN ON MONDAY: REPORT

Thu 12 May 2022: Following Finland’s leaders’ announcement supporting the country’s NATO application, Sweden’s decision on NATO membership might be made on May 16, according to the Expressen newspaper. According to the newspaper, Sweden’s parliament will consider the security situation on Monday, after which Prime Minister Magdalena Andersson will hold a special meeting to take […]

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HERE ARE FIVE THINGS TO KNOW ABOUT THE KILLING OF AL JAZEERA’S ABU AKLEH

Thu 12 May 2022:  Shireen Abu Akleh, a veteran journalist, was shot dead while reporting on an Israeli raid in the occupied West Bank. Al Jazeera journalist Shireen Abu Akleh has been shot and killed in the occupied West Bank while doing her job. The veteran reporter was hit by a live bullet on Wednesday as she […]

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NATO’S SUPPORT FOR UKRAINE INCREASES THE RISK OF NUCLEAR WAR, WARNS RUSSIA

Thu 12 May 2022: On Thursday, one of President Vladimir Putin’s closest allies warned the West that the US and its allies’ increasing military assistance for Ukraine risked triggering a conflict between Russia and the NATO military alliance. Former Russian President Dmitry Medvedev, who is currently the deputy chairman of Russia’s security council, said a […]

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SAUDI ARAMCO IS THE WORLD’S MOST VALUABLE COMPANY, SURPASSING APPLE

Thu 12 May 2022: Saudi Aramco has surpassed Apple as the world’s most valuable corporation, despite a larger tech market sell-off, after skyrocketing oil prices boosted shares of the world’s top crude exporter to record highs. The market capitalization of the Saudi Arabian oil business was $2.426 trillion on Wednesday, slightly more than Apple’s $2.415 […]

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