Author: News Desk
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Kenya: A new study by Oxfam suggests that wealthy nations are undermining efforts to protect poor and vulnerable countries from the impacts of the climate crisis. Instead of providing grants, rich countries are offering loans, diverting funds from other aid projects, or mislabeling cash. In 2020, only $11.5 billion of climate finance from rich countries was dedicated to helping poor nations adapt to extreme weather, despite the increasing occurrence of climate-related disasters. Oxfam’s international climate change policy lead, Ms. Nafkote Dabi, criticised this amount as inadequate considering the magnitude of the problem. The promised $100 billion a year in climate…
Saudi Arabia: The leading member of the OPEC+ alliance, Saudi Arabia, has declared its intention to decrease its oil exports by one million barrels per day (bpd). The move comes as the alliance faces dwindling oil prices and the looming threat of a supply glut. In an effort to stabilize crude oil costs, the kingdom revealed plans on 4th June 2023 to implement these production cuts starting in July 2023. This decision follows two previous attempts by OPEC+ members to boost prices through production cuts, which proved ineffective. The alliance, comprised of the Organization of the Petroleum Exporting Countries (OPEC)…
Sweden: NATO’s Secretary-General Mr. Jens Stoltenberg has urged Turkey not to veto Sweden’s bid to join the military alliance, ahead of a meeting this month to try to overcome objections delaying Stockholm’s membership. “Membership will make Sweden safer but also make NATO and Turkey stronger,” the NATO chief told journalists in Istanbul after meeting Turkish President Mr. Recep Tayyip Erdogan and his newly appointed foreign minister, Mr. Hakan Fidan, the former head of the intelligence agency. “I look forward to finalising Sweden’s accession as soon as possible,” Mr. Stoltenberg added. “Officials from Turkey, Sweden, and Finland will meet next week…
Guinea-Bissau: Guinea-Bissau is heading to the polls on 4th June 2023 for legislative elections, as voters seek stability more than a year after President Mr. Umaro Sissoco Embalo dissolved parliament over corruption allegations. In the central district of Bairro Militar in the capital city of Bissau, voters lined up early to cast their ballots under the shade of trees. With 22 parties vying for 102 seats and approximately 884,000 registered voters, results are expected within 48 hours. The three dominant parties competing for seats in the national assembly include Embalo’s Madem G15 party, the African Party for the Independence of…
United States: In a significant move to avert a potential US default, President Mr. Joe Biden signed a bill suspending the nation’s debt limit until January 1st, 2025. The bipartisan budget agreement not only prevents a first-ever default but also aims to reduce the deficit, safeguard crucial social programs like Social Security, Medicare, and Medicaid, and fulfil obligations to veterans. US President took to Twitter to announce the signing of the bill, stating, “I just signed into law a bipartisan budget agreement that prevents a first-ever default while reducing the deficit, safeguarding Social Security, Medicare, and Medicaid, and fulfilling our…
Netherlands: Barcelona claimed their second Women’s Champions League title in three years with a stunning comeback victory over VfL Wolfsburg. In a thrilling final held in Eindhoven before a sold-out crowd, the Spanish champions overturned a 2-0 halftime deficit to secure a 3-2 win. The match began disastrously for Barcelona as they conceded an early goal just three minutes into the game. Ewa Pajor capitalized on a defensive mistake and found the back of the net. Barcelona had opportunities to equalize through Irene Paredes and Caroline Graham Hansen but failed to convert. Wolfsburg extended their lead in the counterattack when…
United States: A potential breakthrough in breast cancer treatment has emerged with the introduction of a new drug called ribociclib. This blockbuster medication, presented at the prestigious American Society of Clinical Oncology (Asco) annual meeting, shows promising results in extending the lives of women diagnosed with the most common form of breast cancer. Additionally, it significantly reduces the risk of cancer recurrence by a remarkable 25 percent. The recent study on ribociclib presents an encouraging prospect for breast cancer patients. This targeted therapy drug has previously shown its effectiveness in prolonging survival for those with advanced-stage breast cancer. However, the…
United States: The United States Secretary of Defense Lloyd Austin, has pledged that the United States will not tolerate any form of coercion or intimidation directed towards its allies and partners by China. At the same time, Mr. Austin assured Beijing that the US remains committed to maintaining the current situation regarding Taiwan and prefers peaceful dialogue to conflict. During his speech at the Shangri-La Dialogue in Singapore, a prominent security summit in Asia, Mr. Austin sought support for the US’s vision of an Indo-Pacific region that is free, open, and secure, operating within a framework of rules and rights.…
United States: The US Secretary of State Mr. Antony Blinken will visit Saudi Arabia next week, his first trip to the kingdom since Tehran and Riyadh agreed to re-establish diplomatic relations in a deal brokered by Beijing. The Department of State announced that the top United States diplomat will meet with Saudi officials and attend Gulf Cooperation Council (GCC) talks during his visit, starting on June 6. “Mr. Blinken will discuss US-Saudi strategic cooperation on regional and global issues and a range of bilateral issues, including economic and security cooperation”, the State Department noted in a statement. “The US Secretary…
United Kingdom: A new study has suggested that a blood test for more than 50 forms of cancer could help speed up diagnosis and fast-track patients for treatment. NHS trial results of the liquid biopsy, published at the world’s largest cancer conference in the US, suggest the Galleri blood test has the potential to spot and rule out cancer in people with symptoms. The liquid biopsy test functions by detecting minuscule fragments of tumor DNA in the bloodstream. It notifies physicians if a cancer signal has been detected and predicts the likely origin of that signal within the body. Although…