World

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Background

World

White House proposes to sell assets of Russian Oligarchs

The White House has proposed giving the government power to seize and sell the assets of Russian oligarchs, and transfer their proceeds to Ukraine. A statement issued by the White House revealed that the legislative proposal will be presented to Congress for consideration. The statement noted that the proposal will establish new authorities for the forfeiture of property linked to Russian kleptocracy, strengthen related law enforcement tools.

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World

South Korea’s President Elect to Compensate Business Owners

South Korean president-elect Yoon Suk-yeol says his government will compensate 5.5 million owners of small businesses for losses suffered from COVID-19 curbs. The head of his transition team said Yoon is expected to take office on May 10, and the team said in a statement that losses in operating income suffered by such businesses were estimated at 54 trillion won. South Korea lifted almost all pandemic restrictions apart from a mask […]

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World

Biden to visit South Korea in May

U.S. President Joe Biden will visit South Korea from May 20 to May 22. According to the White House, Biden will hold a meeting with the country's newly-elected President Yoon Suk-yeol on May 21. A statement issued by Suk-yeol's spokesperson Bae Hyun-jin, revealed that the new president welcomed Biden's planned visit during which they will discuss the two countries' alliance, North Korea and other regional and international issues. The statement […]

today04/28/2022 10

World

Air Fare Rises to N46,810.62 in March

National Bureau of Statistics, NBS, has said the average fare paid by air passengers for specified single route journey, increased by 4.43 per cent on a month-on-month from N44,825.04 in February 2022 to N46,810.62 in March 2022. NBS also disclosed that the average fare paid by commuters for bus journey intercity per drop rose to N3,270.94 in March 2022 indicating an increase of 5.29 per cent on a month-on-month compared […]

today04/27/2022 8

World

Israeli Airstrike in Syria Claims Lives

Israeli air strikes near Damascus have killed nine soldiers. The Syrian Observatory for Human Rights, Rami Rahman who disclosed this on Wednesday said eight people were also wounded in the strikes. According to Rahman, an ammunition depot and several positions linked to Iran’s military presence in Syria were among the targets.

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World

US Vice President tests positive for COVID-19

United States Vice President, Kamala Harris has tested positive for Covid-19. Harris’ Press Secretary, Kirsten Allen who disclosed this on Tuesday said Harris exhibited no symptoms. Allen noted that Harris has not been in current close contact to President Joe Biden or the First Lady, adding that the Vice President would return to the White House when she tests negative.

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Health

China Orders Mass COVID Testing

Beijing has launched a COVID-19 testing drive for its people as authorities raced to contain a growing coronavirus outbreak. The Chinese capital, has reported 33 new COVID-19 infections, bringing the total number of infections found in the capital to 80 since Friday. Residents in the southern city have become frustrated with the authorities’ inability to meet their basic needs during the shutdown. Authorities listed 10 districts and one economic development […]

today04/26/2022 7

World

Turkish Activist sentenced to life in prison

A Turkish court has sentenced an activist, Osman Kavala to life in prison. Kavala, who had already spent more than four years in prison without being convicted, was found guilty of charges related to the nationwide protests in 2013 and the failed coup attempt in 2016. He denied the charges and has accused the government of judicial assassination. The Activist was first accused of orchestrating and financing nationwide anti-government protests […]

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