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In a significant move underscoring the dynamics of global finance, the South China Morning Post recently reported that six prominent financial entities have officially joined the Cross-border Interbank Payment System (CIPS) as direct participants. Among them are the African Export-Import Bank, First Abu Dhabi Bank, South Africa’s Standard Bank, Singapore’s United Overseas Bank, Eldik Bank of Kyrgyzstan, and Chongwa (Macau) Financial Asset Exchange. This ceremony, held in the bustling city of Shanghai last week, marks a…

Ambassadorial Ties and the Unpaid Ground Rent Dilemma in Nigeria In recent months, the issue of unpaid ground rent by foreign embassies in Nigeria has captured the attention of the public and government alike. A report from The PUNCH indicated that diplomatic missions in Nigeria have collectively amassed over ₦3.6 million in unpaid ground rent since 2014, which raises questions about accountability and diplomatic responsibility. This situation, which constitutes a concerning breach of land lease agreements with the Federal…

Somalia: Northeastern State Stands Its Ground in NCC Boycott, Calls for Innovation BOSASO, Somalia – In a region often defined by its tumultuous political landscape, Northeastern State President Said Abdullahi Deni’s decision to boycott the forthcoming National Consultation Conference (NCC) in Mogadishu marks a decisive moment. His firm stance, set against the backdrop of growing federal tensions, raises critical questions about the path forward for Somalia’s federal landscape. Speaking at a graduation ceremony for PMPF…

The ongoing military operations carried out by Israel, coupled with the blockage of humanitarian aid, have tragically turned Gaza into a dire situation for Palestinians and those endeavoring to assist them. This serious claim comes from the medical aid organization Doctors Without Borders, which paints a somber picture of the current humanitarian crisis. Since the attacks by Hamas on October 7, 2023, Israel has been actively engaged in military operations in Gaza. This escalation resumed in March following the collapse of a…

The Israeli military has officially commenced a ground offensive in Gaza City, as reports from rescuers indicate that at least 30 individuals have lost their lives across Palestinian territories since daybreak. Following the resumption of military operations last month and the subsequent end of a brief truce with Hamas, Israel has intensified efforts to control territory in Gaza. The objective, as stated by Israeli officials, is to compel militants to release hostages still in captivity. In tandem, Israel has ramped up its…

In a remarkable turn of events, Kirsty Coventry has etched her name in history as the first African and youngest individual to assume the presidency of the International Olympic Committee (IOC) at just 41 years old. This dual Olympic swimming champion has broken barriers not only for her continent but for women globally, becoming the first female to lead the IOC since its inception 106 years ago. Coventry’s journey is nothing short of inspiring. Imagine a young girl in a small Zimbabwean town, diligently honing her swimming…

The Israeli military has announced the resumption of ground operations in both central and southern Gaza. This comes as airstrikes reportedly claimed the lives of at least 38 Palestinians, according to local health officials. The escalation follows a harrowing day in which more than 400 Palestinians lost their lives in a series of airstrikes—marking one of the most devastating episodes since the conflict reignited in October 2023. This surge in violence has effectively shattered a ceasefire that had largely held since…

The Israeli military has commenced ground operations in northern Gaza, particularly along the coastal corridor near Beit Lahia. On Tuesday, Israel reinstated aerial strikes targeting several locations within Gaza, marking the resumption of military actions after a ceasefire with the Palestinian militant group Hamas, which had been in effect since January. The escalation has tragically resulted in the deaths of at least 70 individuals, with many more injured, according to reports from Gaza health officials. As the situation…

The situation in Gaza remains dire as recent Israeli military strikes have resulted in the deaths of at least 14 Palestinians within a 24-hour period, according to the Gaza Health Ministry. This comes amidst ongoing efforts by Arab nations and U.S. mediators to stabilize a fragile ceasefire between Israel and Hamas. Despite a truce that was established on January 19 to halt extensive fighting, Palestinian officials have reported that numerous casualties have doubled due to continued Israeli fire. As noted, "Reconciliation…

PORTLAND, Oregon (AX) — In a historic turn of events, Senator Kayse Jama has ascended to the role of Majority Leader in the Oregon State Senate. This remarkable achievement marks the first time a Somali-American and Black Muslim has held such a position in the state. Representing the 24th District and chosen by fellow Democrats who dominate the legislative body, Jama’s appointment is a landmark in the ongoing push for inclusive representation for both immigrant communities and communities of color.Jama secured this…