18-05-2023 LONDON: UK lawmakers on Wednesday, called for cryptocurrency investments in Britain to be regulated in a manner similar to the gambling industry. The plea was made by the influential cross-party Treasury Committee, just one day after EU ministers agreed on stricter tax regulations for cryptocurrency transactions. Concerns regarding the …
Read More »Elon Musk raises concerns over escalating US-China tensions
18-05-2023 AUSTIN, TEXAS: Tesla CEO Elon Musk expressed concern about the tension between the US and China, particularly regarding Taiwan. Musk said that the official policy of China is to integrate Taiwan, and he believes that China’s intentions should be taken seriously. He also highlighted the interconnectedness of the Chinese …
Read More »Maulvi Abdul Kabir appointed acting PM of Afghanistan
18-05-2023 Bureau Report + Agencies KABUL/ ISLAMABAD: Taliban ‘Supreme Leader’ Haibatullah Akhundzada appointed Maulvi Abdul Kabir as the acting Prime Minister of Afghanistan on Wednesday after reports surfaced that the Prime Minister Mullah Muhammad Hassan Akhund has fallen ill. Afghanistan-based Khaama Press said that Maulvi Kabir will now serve as …
Read More »France’s unemployment rate reaches lowest level since 1982
18-05-2023 PARIS: Official data released Wednesday showed that the French unemployment rate stood at 7.1% in the last quarter of the year 2022 and was unchanged in the first three months of the current year, making it the lowest since 1982, reported Reuters. The current rate of unemployment was also …
Read More »Biden’s trip to Australia deferred as debt ceiling deadline looms
17-05-2023 WASHINGTON: US President Joe Biden has postponed his planned trip to Australia due to stalled domestic debt ceiling negotiations. Biden will leave the US tomorrow to travel to Japan for a meeting of the G7, which Australian Prime Minister Anthony Albanese is also attending. Negotiations over the debt ceiling …
Read More »Global executions at highest rate for five years: Amnesty
17-05-2023 LONDON: The number of executions recorded globally in 2022 was the highest in five years, as several Middle Eastern states ramped up their use of the death penalty, Amnesty International says. A total of 883 people are known to have been put to death across 20 countries, marking a …
Read More »China detains South Korea footballer in bribery case
17-05-2023 BEIJING: South Korea midfielder Son Jun-ho has been detained in the northeastern Chinese province of Liaoning on suspicion of accepting a bribe, China’s Foreign Ministry has said. Ministry spokesperson Wang Wenbin said on Tuesday that Son was placed in custody “recently” and was under investigation. The South Korean consulate …
Read More »‘EU to curb Indian fuel imports made with Russian oil’
17-05-2023 Bureau Report + Agencies BRUSSELS/ NEW DELHI: Josep Borrell, the European Union’s foreign policy chief, has said that the bloc will act against the importation of Indian petroleum products that use Russian oil, in rare explicit criticism of India’s role in helping Russia evade Western sanctions amid the war …
Read More »Ex-policeman seeks to become Greece’s first Black MP
17-05-2023 ATHENS: In working-class neighborhoods on the outskirts of Athens, Spiros Richard Hagabimana is going door to door in an election campaign that could see him become Greece’s first Black politician. It is a remarkable journey for Hagabimana, who just eight years ago was jailed in his native Burundi for …
Read More »‘The longest & loudest shelling in Ukraine since the war began’
17-05-2023 KYIV: This was the longest and loudest shelling in Kyiv since the war began. I woke up after a loud bang that made the windows of my downtown apartment shake. It felt very close, but the sound made me realize it was the “good” bang of air defence systems …
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