Author: Able Jam
Russian drone strike hits Kyiv
A Russian drone and missile strike on the Ukrainian capital Kyiv has killed at least one person and injured seven others, city officials say. Early on Saturday morning residential buildings in several districts were hit and loud explosions could be heard across the city. Kyiv’s mayor Vitaly Klitschko said a 13-year-old child was among the
Business growth in the midst of geopolitical tensions
Geopolitical tensions, shifting energy sources, trade disruptions and environmental changes are among the biggest challenges the world faces today. But they also point to the dire need for real leadership, hope, and restored trust. Time and again we hear and read about how global society has trespassed the planet’s boundaries. And while we’ve made progress
Ukraine Anti-corruption hunts down Zelensky top advisor
Ukraine’s anti-corruption authorities said on Friday they were searching the home of Andriy Yermak, the top aide to Ukraine’s President Volodymyr Zelensky.Officially the chief of staff to the president, Yermak is often seen as Ukraine’s second most powerful man. He has been leading the Ukrainian delegation during recent talks in Geneva with the United States
Afghanistan vows cooperation over cross-border attack
Tajikistan and Afghanistan have long had testy relations, particularly after the Taliban’s takeover of Afghanistan in 2021, when Tajikistan cut all ties with its southern neighbor. But there have been signs of a gradual thaw in relations, with markets in the border area reopening in 2023, and a Tajik delegation visiting Kabul earlier this month.
Piraeus Bank acquires Ethniki Holdings
Piraeus Bank has completed its acquisition of all shares in Ethniki Holdings, the parent company of Ethniki Insurance, from CVC Capital Partners Fund VII and the National Bank of Greece. The bank’s acquisition of Ethniki Insurance, first disclosed in March this year, involved a total payment of €600m in cash. The transaction is expected to
Israeli raid in southern Syria
Ten people were killed by Israeli fire in a village in southern Syria on Friday, Syrian state media reported, while the Israeli military said five soldiers were wounded in a clash during an operation to apprehend members of a militant group there.Syrian state media reports suggested the Israeli raid in the Beit Jinn area had
The Rise of Pay-Advance Apps
A growing number of workers are relying on apps such as EarnIn, Brigit and Dave for a quick infusion of cash to cover costs between their paychecks. Now around for about a decade, pay-advance apps enable users to access relatively small amounts of cash before their paycheck hits their bank account. When payday arrives, the
Taiwan puts $40 billion toward buying US weapons
Taiwan’s President Lai Ching-te on Wednesday announced a special $40 billion budget for arms purchases, including to build an air defense system with high-level detection and interception capabilities called Taiwan Dome, as the U.S. pressures the island to increase its defense spending.Currently, Taiwan has set an increase in its defense budget to 3.3% of its
Oil Trades Sideways
Oil futures are treading water with the market focused on developments around the U.S. peace plan for Russia-Ukraine, which if successful could take away a lot of risk premium that has been holding up prices in the face of oversupply concerns. “Crude oil remains trendless as the bear grip intensifies,” Peter Cardillo of Spartan Capital
abduction of schoolchildren Nigeria
Several parents of the over 300 schoolchildren seized by armed men in the latest mass abduction in Nigerian government has told them nothing about rescue efforts and the stress has been so high that one parent has died of a heart attack. “Nobody from the government has briefed us about the abduction,” said Emmanuel Ejeh,