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Elizabeth Williams

UK Central Bank Intervenes In Market, Govt. Insist On Growth Plan Despite Budget Criticism

The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the...

Finland Shuts Out Russian Tourists

Foreign minister Pekka Haavisto has announced, Finland's borders will be closed to Russian tourists. Haavisto  said "The aim of the resolution is to halt Russian...

US To Focus New Russia Sanctions On Oil Revenue, Arms Supplies

Two architects of the Biden administration’s sanctions campaign told lawmakers on Wednesday; Future sanctions over President Vladimir Putin’s invasion of Ukraine must focus on...

EU Says Ready To Make Russia Pay ‘Hefty Price’ For Annexation

The European Union Bloc refuses to recognize results of  what they call 'sham' referendums by Russia saying it is an 'illegal' annexation . The European...

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Nduka Obaigbena First Bank Debt: Is Arise TV In Trouble?

The legal battle between Nduka Obaigbena, Chairman of THISDAY Media Group and Arise News Channel, and First Bank of Nigeria Limited has drawn significant attention, due to its high-profile nature and the financial stakes involved. The dispute stems from a $225.8 million debt claim linked to General...

Lebanon Elects Army Chief Joseph Aoun as President

Lebanese lawmakers have elected army chief Joseph Aoun as the country’s new president, bringing an end to a two-year political vacuum. This significant development is seen as a crucial step in addressing Lebanon’s ongoing financial crisis. On Thursday, Aoun, who is turning 61 on Friday, entered the parliament...

China Backs Nigeria’s Request to Increase Currency Swap Deal

The People’s Republic of China has confirmed its willingness to review Nigeria’s request to expand the existing bilateral currency swap agreement. This update was shared by China’s Foreign Minister, Wang Yi, during a briefing with State House Correspondents following his meeting with President Bola Tinubu at the Aso...