Washington, United States | AFP | Former FBI chief James Comey’s book “A Higher Loyalty,” which details his soured relationship with US President Donald Trump, sold 600,000 copies in its first week, publisher Flatiron Books told AFP on Tuesday. The highly-anticipated book, released April 17, debuted at the top slot on …
Read More »COMMENT: Same central-bank song
They ought to be cultivating younger people in order to broaden the range of approaches and expertise COMMENT | PAOLA SUBACCHI | The changing of the guard that is taking place at the systemically important central banks in 2018-2019 will mark the beginning of a new era of monetary policy. Who …
Read More »Spotify ramps up free service in bid for expansion
New York, United States | AFP | Spotify on Tuesday announced a major expansion of its free service, hoping that a more option-rich platform will boost its ambitions to make music streaming even bigger worldwide. Weeks after its successful listing on the New York Stock Exchange, the leading streaming company said …
Read More »Oil, metals prices set to rise amid trade tensions: World Bank
Washington, United States | AFP | Crude oil prices are expected to jump 23 percent this year amid strong economic growth, while metals prices are rising, hit by ongoing trade tensions, the World Bank said Tuesday. The World Bank raised its forecast for oil prices to an average of $65 a …
Read More »MPs oppose reinstatement of corporate tax on SACCOs
Kampala. Uganda | THE INDEPENDENT | The government proposal to reinstate corporation tax on Savings Credit and Cooperative Societies-Saccos has met stiff opposition from members of parliament. Corporation tax is a tax imposed on the net income of a company. Government proposes to levy the corporation tax on profitable Saccos with …
Read More »Trump to N.Korea’s Kim: ‘Get rid of nukes’
Washington, United States | AFP | US President Donald Trump on Tuesday called on North Korea to abandon its nuclear program, ahead of an expected summit with the North’s leader Kim Jong Un. Earlier, the US leader — who spent the day in talks with French President Emmanuel Macron — had …
Read More »At UN, Colombia’s president says drugs is main threat to peace
United Nations, United States | AFP | Delivering a swansong address to the United Nations, Colombia’s President Juan Manuel Santos called Tuesday for a shift in the global approach to drug trafficking, which he described as the main threat to peace. Santos, who won the Nobel Peace Prize for negotiating an …
Read More »Trump, Macron call for ‘new’ nuclear deal with Iran
Washington, United States | AFP | US President Donald Trump and French counterpart Emmanuel Macron called for a “new” deal with Iran Tuesday, looking beyond divisions over a landmark nuclear accord that now hangs in the balance. Trump pilloried a three-year old agreement designed to curb Iran’s nuclear program as “insane” …
Read More »Rapper Meek Mill freed after uproar over harsh term
New York, United States | AFP | Rapper Meek Mill won freedom from prison Tuesday after an unusually harsh sentence triggered protests that pointed to racial biases in US probation laws. The 30-year-old Philadelphia rapper, who was jailed in November over a case from his teenage years, was ordered out …
Read More »Gov’t to borrow Sh148 billion to fight gender based violence
Kampala, Uganda | THE INDEPENDENT | The Deputy Director Uganda Media Centre, Shaban Bantariza said the decision was approved by cabinet yesterday during its weekly meeting. The borrowing was approved to support the strengthening of social risk management and gender-based violence (GBV) prevention and response project. The loan is required to …
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The Independent Uganda: You get the Truth we Pay the Price