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Elizabeth Williams

Shock GDP Slide Fuels UK Slowdown Corncern, Investors Eye U.S Fed Rate Decision

New figures out on June 13 showed the UK’s economy unexpectedly shrank in April. GDP contracted by 0.3%, when economists had expected it to...

South Korea Truck Strike Hits Chipmakers, Economy For $1.2 Billion

A strike by truckers in South Korea has cost the economy $1.2 billion in lost production and unfulfilled deliveries. That’s according to government estimates...

Crypto Winter: Bitcoin Plunges As Major Lender Halts Operations, Coinbase Cuts Jobs

In a latest high-profile collapse of a pillar of the cryptocurrency industry, the Price of bitcoin and other cryptocurrencies plummeted Monday after a major...

WTO MC12: European Union Committed To Open And Rules-Based Multilateral Trading System – Council

The European council in a press release says Sunday, states the European Union is committed to an open and rules-based multilateral trading system, with...

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Trump Calls Off Planned Strikes On Iran Amid High-Level Peace Talks

United States President Donald Trump has announced the cancellation of planned military strikes against Iran, citing progress in ongoing high-level discussions with the Iranian leadership. In a statement shared on his Truth Social platform, Trump said the decision followed significant diplomatic developments involving the Islamic Republic of Iran...

Court Jails Five Suspects Over Papiri School Abduction Attack

The Federal High Court in Abuja has sentenced five men linked to the November 21, 2025 attack on St. Mary’s Catholic School, Papiri, Niger State, to 25 years imprisonment each. Justice Binta Nyako delivered the judgment on Thursday after the defendants, including two citizens of Niger Republic, pleaded...

Court Sets June 18 For Trial Against Kabiru Turaki

The Federal Capital Territory (FCT) High Court in Maitama, Abuja, has fixed June 18 for the commencement of trial in the criminal case involving the factional Chairman of the Peoples Democratic Party (PDP), Kabiru Turaki. Justice Peter Kekemeke scheduled the hearing on Thursday after declining a request by...