Month: April 2023
Macron to address the nation after signing into law his controversial pension reform
Macron, 45, came to power in 2017 promising reform in France and a fresh new politics. But opponents accuse him of increasingly reclusive and anti-democratic behaviour. Macron signed the legislation early Saturday, just hours after the banner change to raise the retirement age from 62 to 64 had been validated by the constitutional court, prompting
Wagner chief Yevgeny Prigozhin calls foe end to war in Ukraine
Russia launched a full-scale invasion of Ukraine in February last year but was driven back from capital Kiev and other cities. They occupy large areas in the east and south having already annexed Crimea in 2014. A land bridge through Ukrainian territory now connects the Crimean peninsula with Russia. Zelensky said that a year ago,
Decline in U.S. imperialism
Imperialism and capitalism as economic systems constantly need to expand. They are parasitic that constantly need new flesh, new hosts, bodies to consume and thrive. Just like any other parasite in the natural world. The U.S. imperialism is declining because the parasitic system of capitalism upon which U.S. imperialism is built on, is running out
Australian-based exploration company has threatened to seize one of Air Tanzania Company Limited’s (ATCL) planes
Australian-based exploration company Indiana Resources has threatened to seize one of Air Tanzania Company Limited’s (ATCL) planes in connection with a nearly $100 million compensation claim. The company claims to have lost millions in a nickel project in the country and is therefore seeking significant compensation from the government, Indiana Resources is an Australian-based mining
United Nations condemns Sudan clashes , urges dialogue
Armed clashes between SAF and Rapid Support Forces RSF, an independent military force, erupted on the morning of April 15, 2023, in heavily populated parts of the capital, Khartoum, and spread to other cities including in the Darfur region. The clashes follow weeks of rising tensions between the two forces over security force reform during
China’s economy rebound
China’s economy grew by just three percent in the whole of last year, one of its weakest performances in decades. Beijing has set a comparatively modest growth target of around five percent this year, a goal the country’s Premier Li Qiang has warned could be hard to achieve. China is expected to announce an economic
Poland Hungary finally bans Ukraine grain
Last month, Poland and Hungary were among several European countries that requested help from the European Union to counter the impact of cheap Ukrainian grain. Poland and Hungary on Saturday banned imports of grain and other food from Ukraine to protect local farmers, In Poland the ban will apply to imports of grain, sugar, meat,
Microsoft bid to buy more gaming companies
The Xbox-owner has embarked on a campaign to convince all three European Union, United Kingdom and United States regulators to back its $69 billion bid to take over Activision Blizzard, owner of hit games “Candy Crush” and “Call Of Duty”. The tech giant Microsoft is either the hero fighting to bring some of the most
Extending US loans to businesses in Zimbabwe
Bankers Association of Zimbabwe (BAZ) says the sector has recorded an increase in local currency loans after the central bank lowered interest rates. However, Banks do risk profiling and due diligence when extending USD loans to businesses. In general banks lend USD loans to clients who have capacity to generate USD revenues and as mentioned
Sudan attempted Coup
Sudan’s military, led by General Abdel Fattah al-Burhan, overthrew long-term ruler Omar al-Bashir in April 2019. Eighteen months later, the military and the RSF staged a second coup, upending a transition to democracy. The two agreed to jointly hold power, but tensions between the two military leaders have increased in recent months. Fighting has broken