The CEO of one of the largest global banks and consultant of politicians and lawmakers, Jamie Dimon has provided a formal statement in two lawsuits over ties between the US JP Morgan bank and convicted sex offender Jeffrey Epstein.
Ugandan authorities have passed new criminal legislation whereby homosexuality is punishable by death, it was reported in Entebbe. President Yoweri Museveni Monday signed into law the bill that has the support of the country's public opinion.
Three days of Battle of the Atlantic commemorations have ended in Liverpool with organizers and the public equally delighted by the maritime spectacle.
New figures published this week show the UK did not import any Russian gas in the 12 months to the end of March 2023, while UK gas exports to Europe tripled over the same period. The UK has gone a whole year without importing any Russian gas - a boost for the country’s energy security and a blow to Putin’s war machine.
Beware the European Union, Germany has entered technical recession. Germany's economy shrunk slightly in the first quarter of 2023 compared with the previous three months, data showed. A preliminary estimate had shown gross domestic product (GPD) stagnating at zero growth in the first quarter — meaning Germany would have narrowly escaped a recession.
Global investment in solar power is expected to overtake investment in oil production for the first time ever this year, the International Energy Agency (IEA) said. The IEA projects investment in solar power to hit US$ 380 billion in 2023, compared to investments in oil exploration and extraction at US$ 370 billion.
Spain is set to hold an early general election on July 23, Prime Minister Pedro Sanchez announced on Monday. The announcement comes after Sanchez Socialist Party suffered serious setbacks to the conservative opposition in regional elections held on Sunday.
Argentina's Economy Minister Sergio Massa is due in China Tuesday, in a desperate bid to secure much-needed dollars for the government's survival and bolster its chances in the upcoming presidential elections. President Alberto Fernández, who recently announced that he would not seek re-election, has taken a backseat, allowing Massa to spearhead this crucial mission.
The COMAC C-919, China's first passenger aircraft, Sunday completed its first commercial flight marking its official entry into the civil aviation market, it was reported in Beijing, where authorities are confident it can compete with the Boeing 737 MAX and Airbus A320. China Eastern Airlines flight MU9191 landed smoothly at Beijing International Airport Shanghai's Hongqiao Airport with 130 passengers at 12:30 local time, after which firefighters performed the traditional water arch.
Brazilian President Luiz Inácio Lula da Silva has become a major player in South American diplomacy lately, but he has been forced to decline an invitation from his Russian colleague Vladimir Putin to go to St. Petersburg. I can't go to Russia now, Lula said days after a frustrated meeting with Ukrainian leader Volodymyr Zelensky in Hiroshima.