Facebook Chief Executive Mark Zuckerberg is pushing back against calls for him to step down as chairman and hoped to continue working with his longtime chief operating officer, Sheryl Sandberg. Zuckerberg made the comments during a TV interview on Tuesday that addressed the controversies pertaining to the social-media giant. In the CNN interview, Zuckerberg said stepping down as Read more
British leader Theresa May suffered a huge blow on Thursday when a series of ministers including her Brexit secretary quit as she tried to sell her proposed EU withdrawal agreement to a divided parliament. Dominic Raab resigned from his role at the Brexit ministry while a second cabinet minister and two junior government ministers also Read more
The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat. In the week ending November, the U.S. crude production hit a whopping 11.6 million bpd, according to Energy Information Administration (EIA) data released on Wednesday. That’s a threefold increase from the U.S. low reached a Read more
Riyadh Saturday dismissed Ankara’s calls to extradite 18 Saudis wanted for the murder of critic Jamal Khashoggi, as Washington warned the crisis risked destabilising the Middle East. “The individuals are Saudi nationals. They’re detained in Saudi Arabia, and the investigation is in Saudi Arabia, and they will be prosecuted in Saudi Arabia,” Foreign Minister Adel Read more
British Prime Minister Theresa May followed US Secretary of State Mike Pompeo on Wednesday saying that her country would revoke visas for anyone suspected of being involved in the killing of Saudi journalist Jamal Khashoggi. May said she would speak to Saudi Arabia’s King Salman later on Wednesday regarding the matter. “There does remain an Read more
EU leaders refused to give ground to Britain’s Theresa May on Thursday, warning that her Brexit plan is unacceptable, even as she offered to come up with new proposals for the Irish border. After this week offering to extend the deadline for a deal to a special summit in mid-November, European Union leaders warned after Read more
The U.S. is concerned that increased currency swap agreements between China and African nations will reduce visibility into financial transactions and will make it harder to prevent money laundering, a senior U.S. sanctions official said. Marshall Billingslea, the U.S. Treasury Department’s assistant secretary for terrorist financing, told a congressional hearing that while there was greater Read more
The Economist Intelligence Unit (EIU), the research unit of The Economist Magazine, has predicted that the opposition Peoples Democratic Party (PDP) will defeat the ruling All Progressives Congress (APC) candidate in the upcoming 2019 presidential election. It predicted slowdown in economic activities in Nigeria as politics takes centre stage. The London-based magazine, which also anticipated Read more
Britain called for the “immediate” release of two Reuters journalists jailed in Myanmar on Monday, saying the verdict had “undermined freedom of the media”. “We are extremely disappointed with this verdict and sentencing and we call for the journalists to be released immediately,” said a spokesman for Prime Minister Theresa May. Wa Lone, 32, and Read more
The Secretary-General of the UN, Antonio Guterres and staff members, remembered former Secretary-General Kofi Annan on Wednesday, describing him as a leader who put people at the centre of the UN work. During a wreath-laying ceremony in New York, Guterres led staff members in paying respects to Annan, whom they described as the embodiment of Read more
