Besides gold being a long-term store of value, the precious metal has been found to provide protection against financial sanctions imposed by Western governments COMMENT | LUKE HARTIGAN | Over the past few years, central banks have been quietly buying up significant quantities of gold. As the trend has …
Read More »Turkey boosts NATO role as Europe’s reliance on US weakens — agency
NEW YORK | TASS | Turkey’s role in NATO is expanding as European countries seek to reduce their reliance on US military support and boost their own defense capabilities, Bloomberg reported. According to the media outlet, Ankara is becoming an increasingly important member of the alliance as it strengthens its defense …
Read More »Hong Kong stages festivities to celebrate 29th anniversary of return to China
HONG KONG | Xinhua | From flag-raising ceremonies to horse races and a drone performance, Hong Kong commemorated the 29th anniversary of its return to China on Wednesday with a day of celebrations across the city. At 8 a.m. local time, the government of China’s Hong Kong Special Administrative …
Read More »Report sounds warning as millions remain without reliable electricity
Kampala, Uganda | URN | A new global energy report warns that 655 million people worldwide still lack electricity, with Sub-Saharan Africa remaining the region most affected. For Uganda, the findings highlight the urgent need to make electricity more affordable, expand rural electrification, and accelerate the adoption of clean cooking …
Read More »Trump’s Un-American capitalism
The current US administration’s openly corrupt style of crony capitalism is the antithesis of the institutional foundation on which the US economy was built COMMENT | JOSEPH E STIGLITZ | President Donald Trump claims that electing “socialist” Democrats would put the United States on the path to becoming Venezuela …
Read More »World Cup fans frustrated by ‘confusing and expensive’ tipping culture in US
Staff at some restaurants and bars are paid just over $2 (£1.50) an hour, and they expect customers to tip about 20% of the total cost of the bill so they can earn a living London, UK | AGENCIES | Many international fans visiting the US for the World …
Read More »U.S. Supreme Court rejects Republican challenge to restrict mail-in voting grace periods
WASHINGTON | Xinhua |The U.S. Supreme Court on Monday rejected a Republican National Committee challenge to restrict mail-in voting grace periods, ruling that elections officials may continue to count mail-in ballots that arrive after election day if they were mailed by deadline. “The Framers recognized the difficulty of crafting …
Read More »Over 1,300 excess deaths linked to Europe heatwave: WHO
GENEVA | Xinhua | More than 1,300 excess deaths have been recorded across Europe since June 21 linked to high temperatures, World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said on social media platform X on Sunday. “Right now 150 million people are living under extreme heat, hundreds have died, …
Read More »Museveni expresses solidarity with Venezuela after deadly earthquakes
Kampala, Uganda | Xinhua | Ugandan President Yoweri Museveni on Friday expressed solidarity with Venezuela after two powerful earthquakes struck the South American country, causing heavy casualties and widespread damage to property and infrastructure. In a post on social media platform X, Museveni said he hoped ongoing search and rescue …
Read More »Where is British politics headed post-Starmer?
LONDON, UK | Xinhua | British Prime Minister Keir Starmer announced in a speech outside 10 Downing Street on Monday that he would resign as leader of the ruling Labour Party, while remaining prime minister until his successor is chosen. His resignation follows a rapid collapse in support inside Labour, …
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