Russia has Defaulted on its Foreign Debt, because it offered Bondholders Payments in Rubles, Not Dollars, Credit Ratings Agency S&P has said.
Russia attempted to Pay in Rubles for Two… Read More
Nigerian online activist, Martins Vincent Otse famously known as VeryDarkMan has finally addressed musician Davido’s alleged debt and the eventual fall out with Abu Salami.
It should b… Read More
Nigerian singer, Davido has been slammed by self-acclaimed “dragger of celebrities”, and actress Jenny Gaga.
She slammed Davido for owing the businessman, Abu Salami millions of… Read More
Cambodian police have arrested 30 individuals, including Chinese, Vietnamese, and Cambodian nationals, for illegally producing pornography. The raid occurred at a condominium in Phnom Penh… Read More
Chinese Foreign Minister Wang Yi is visiting Washington to pave the way for a meeting between President Joe Biden and Chinese President Xi Jinping in San Francisco next month. This is the fi… Read More
Debt Collective and the Rolling Jubilee Fund have canceled $10 million in student loan debt for nearly 3,000 students at Morehouse College in Atlanta. The debt was purchased for one-and-a-qu… Read More
The Rafah border crossing between Gaza and Egypt has opened for the first time since the Hamas attacks on Israel, allowing foreign passport holders and the wounded to leave. Hundreds of peop… Read More
The European Union is facing a standoff over new debt rules, and Italy's bond market may be the most impacted. The EU member states have been in disagreement over the new rules for months, a… Read More
China's high-level financial meeting signaled support for property developers and resolving local government debt problems. Policymakers emphasized treating private and state-owned property… Read More
The first British citizens have left Gaza as the border with Egypt was partially opened to allow trapped foreign nationals to leave. Around 320 foreign passport holders out of the 9,000 trap… Read More
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been given a deadline of January 25, 2024, to appear in court and explain the circumstances surrounding a $53 milli… Read More
The Federal Reserve has chosen to hold interest rates steady at a target range of 5.25%-5.5% for the second consecutive meeting, despite a growing economy and inflation above the central ban… Read More
The US Treasury Department plans to increase the size of its auctions to manage its growing debt load and rising financing costs. The department will auction $112 billion in debt next week… Read More
Former premier Li Keqiang's funeral took place in China, with flags flown at half-mast. The low-key ceremony was contained to prevent any outpouring of grief that might trigger protests over… Read More
The news article mentions that Gaza's southern border crossing has been opened to evacuate stranded foreign nationals. It also highlights a rare public appearance by Celine Dion, where she g… Read More
Hundreds of foreign nationals and seriously injured Palestinians have been allowed to leave Gaza for the first time since the Israel-Hamas war began. This comes after Hamas released four hos… Read More
Conservative MP Bob Stewart, aged 74, has been found guilty of racially abusing Bahraini activist Sayed Ahmed Alwadaei. The incident occurred outside the Foreign Office's Lancaster House in… Read More
US Secretary of State Antony Blinken met with Jordan's King Abdullah II after failing to secure humanitarian "pauses" in Israel's war against Hamas. Blinken also joined a meeting of foreign… Read More
More than 100 U.S. citizens and their families have been evacuated from Gaza into Egypt through the Rafah crossing, according to the White House. This includes a Palestinian-American mother… Read More
External Affairs Minister S Jaishankar described the Israel-Hamas war as a "very complex" situation and justified India's decision to abstain from voting on a UN resolution calling for a hum… Read More
Langtang region is the third most popular trekking route in Nepal just behind the Everest Base Camp Trek and Annapurna Circuit Trek. One of the most popular highlights of this trek, Langtang… Read More
Seyi Makinde of Oyo State has been taken to court by some students and parents of Ladoke Akintola University of Technology (LAUTECH) Ogbomoso regarding the relocation of the Faculty of Agric… Read More
Popular rapper, Naira Marley and the socialite, Sam Larry have been reportedly granted bail after spending weeks in confinement over their alleged involvement in the demise of Singer, Mohbad… Read More
Relationship expert, Blessing Okoro Nkiruka, better known as Blessing CEO appears to be at the centre of another controversy as she reportedly gets petitioned by the music star, Davido.
Goss… Read More
US Secretary of State Antony Blinken arrived in Japan for a meeting of G7 foreign ministers to discuss the Israel-Hamas conflict in Gaza. The Israeli military has been bombing Gaza since Oct… Read More
A former Chinese state-owned enterprise employee has been sentenced to six years in prison for allegedly handing "corporate intelligence" to foreign intelligence agencies. The man, identifie… Read More
In Maitama, Abuja, a federal capital territory high court granted bail to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN).
The presiding judge, Olukayode Adeniyi, r… Read More
China's consumer prices fell by 0.2% in October, indicating an uneven post-Covid recovery in the country. This decline was larger than expected and follows a flat CPI in September. Producer… Read More
Canada is a popular destination for international students due to its high-quality education system, diverse culture, and welcoming environment. However, in order to study in Canada, you wil… Read More
Kenya's President William Ruto defended his government's tough economic measures in his State of the Nation address, stating they were necessary to address the country's financial challenges… Read More
China has developed a global network of commercial ports overseas, some of which could potentially be used as naval bases, according to a report by the Council on Foreign Relations (CFR). Ch… Read More
Moody's Investors Service has lowered its ratings outlook on the United States government from stable to negative, citing rising risks to the nation's fiscal strength and political polarizat… Read More
FBI agents seized phones and an iPad from New York City Mayor Eric Adams as part of an investigation into his campaign fundraising. The seizures occurred after an event on Monday night, and… Read More
Shares of ed-tech company 2U plummeted 57% and fell below $1 after a disappointing forecast and reports of universities terminating their contracts. The company reported a net loss of $47.4… Read More
Former British Prime Minister David Cameron has been named as the new foreign secretary in a surprise move by Prime Minister Rishi Sunak. Cameron's appointment marks a rare occurrence of a n… Read More
Former UK Prime Minister David Cameron has been appointed as the foreign secretary in a cabinet reshuffle by current Prime Minister Rishi Sunak. This move comes as Sunak tries to assert his… Read More
Moody's warning about the massive US debt burden did not have a significant impact on the markets this month. The ratings agency lowered its ratings outlook on Treasuries due to high levels… Read More
Cambodian authorities have evicted 40,000 people from the Angkor temple complex since 2022, claiming the need to protect the UNESCO World Heritage site, according to Amnesty International. T… Read More
According to a Nomura report, the size of unfinished, pre-sold homes in China is about 20 times the size of property developer Country Garden. There are estimated to be around 20 million uni… Read More
Rapper Idowest has openly lambasted Dammy Krane, his former record label head, in a candid disclosure. His complaints come from what he views as a lack of assistance throughout his tenure un… Read More
Iranian Foreign Minister Hossein Amir-Abdollahian denied Iran's involvement in a drone attack in the Red Sea that targeted a U.S. missile destroyer. The drone, originating from Yemen, was sh… Read More
Nick Schifrin is a Foreign Affairs and Defense Correspondent for PBS NewsHour. He has won multiple awards for his coverage of international events, including the 2017 Peabody Award and the N… Read More
A US congressional report has called for sanctions against Hong Kong judges and expanded efforts to protect emigrants' pension funds, in response to China's tightening grip on the city. The… Read More
European Central Bank President Christine Lagarde has warned that the global economy is fragmenting into competing blocs, with Europe facing deglobalization, demographics, and decarbonizatio… Read More
Iran's Foreign Minister, Hossein Amir-Abdollahian, says that while Iran doesn't want the Israel-Hamas war to escalate, it has long supported Hamas and other groups targeting U.S. forces in t… Read More
The Annapurna Base Camp trek is one of the most popular trekking adventures in Nepal. The Annapurna range gives many perfect sets of geographical locations for trekking and traveling. The tr… Read More
Malu Trevejo is a Cuban-Spanish singer and model best known for being one of the biggest Instagram stars, with over 11 million followers. Trevejo rose to fame when she began uploading impres… Read More
Stunna Girl is an American rapper and songwriter who rose to fame after being featured in the “Baddies West” audition in January 2023. Her outstanding performance on the show and… Read More
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Introduction: The Top 5 Beach Resorts in CancunCancun: A Synthesis of Nature and CultureThe Allure of Cancun’s BeachesEscape into a World of LuxuryA Promise of Unforgettable Exp… Read More
This massive grocery store is now shutting its doors soon at a historic location which has operated for over 60 years.
The Giant Food store on Langston Boulevard in Arlington, Virginia w… Read More
A big appliance company now files an unexpected bankruptcy after racking up a whopping $832 million in debt, sources report.
Appliance component manufacturer Robertshaw U.S. Holdings fil… Read More
This massive entertainment company is now laying off 900 workers, or 8% of the units global employees, sources report.
Sony on Tuesday said it will lay off about 900 employees in its Pla… Read More
This massive department store will now close 150 stores for good as the company battles with plunging sales, sources report.
Macy’s has announced that 150 stores are set to close o… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More
A giant Amazon seller now declares an unexpected bankruptcy, part of a restructuring agreement with lenders to slash its debt.
Walpole, Massachusetts-based Thrasio is asking the court to… Read More
Another tech company is now laying off 350 employees to help drive stronger operating leverage and align with “future strategic priorities.”
Bumble announced on Tuesday plans… Read More
A beloved fast food chain now files an unexpected bankruptcy after claiming between $10 and $50 million in debt.
Before the pandemic, Wild Wing Café had plans to triple in size to… Read More
This massive bank is now cutting 286 jobs which will take effect before May 3rd according to the latest WARN filings.
The staff cuts, set to take effect before May 3, encompass 239 emplo… Read More
A massive essential store now continues to close in Ohio after the company filed an unexpected bankruptcy just last October.
Last year, Rite Aid filed for bankruptcy in October after inc… Read More
A Race for Dominance in the Region’s EV Manufacturing Hub
The battle of Southeast Asia EV manufacturing hub. In an era where environmental conservation has become a global priority… Read More