US
1 day ago
Haiti, the Sahel and Sudan now rank among the UN's highest alert areas for food insecurity, requiring "urgent" action from the international community, food agencies warned Monday. The Rome-based Food and Agriculture Organization (FAO) and World Food Programme (WFP) said Afghanistan, Nigeria, Somalia, South Sudan and Yemen remain at the highest alert level. And now…
2 days ago
President Joe Biden and Republican leader Kevin McCarthy announced a deal Saturday to raise the debt ceiling, dragging the United States....
3 days ago
President Joe Biden said Friday that Democratic and Republican negotiators were on the verge of resolving a debt ceiling standoff, as the deadline for a potentially catastrophic US default was pushed back to June 5.
24 May
President Joe Biden offered to freeze government spending at current levels during crunch debt talks with Republicans, which would reduce the deficit by $1 trillion, US Treasury Secretary Janet Yellen said Wednesday.
22 May
Anxieties were mounting in Washington ahead of President Joe Biden's Monday meeting with Republican House Speaker Kevin McCarthy over negotiations to raise the US debt ceiling
21 May
US President, Joe Biden, on Sunday invited the leaders of Japan and South Korea to formal three-way talks in Washington, a senior US administration official said.
20 May
The world must urgently assess the impact of generative artificial intelligence, G7 leaders said Saturday, announcing they will launch discussions this year on "responsible" use of the technology.
20 May
Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept "extreme" Republican demands but said he remained optimistic. "I still believe we'll be able to avoid a default and we'll get something decent done," he told reporters at the G7 summit in Hiroshima,…
16 May
The US government is facing increased borrowing costs due to the political crisis surrounding the nation's borrowing limit, Treasury Secretary Janet Yellen said Tuesday.
14 May
AI has the ability to create human-sounding recordings -- at assembly-line speed -- while bypassing at least part of the services of the human professionals who for years have made a living with their voices.
14 May
With tough new asylum rules in place, many migrants on the US-Mexico border were seeking legal routes to enter the United States on Saturday, despite warnings of a chaotic surge in crossings.
13 May
US President Joe Biden on Friday nominated Philip Jefferson to the number two job at the Federal Reserve, a position left vacant since Lael Brainard left for the White House in February.
12 May
"Hostile" US policies on China risk splitting the world into two blocs, Nobel-winning economist Joseph Stiglitz told AFP on Friday, urging the West to offer investment not "lectures" to developing countries.
8 May
Treasury Secretary Janet Yellen said Monday that there is a "big gap" between the positions of US President Joe Biden and Republican leaders when it comes to a decision on raising the debt limit.
8 May
Wildfires in the Canadian province of Alberta continue to spread despite rain and falling temperatures, authorities said on Sunday.
8 May
At least eight people were killed and several others injured on Sunday when an SUV ran a red light and plowed into a group waiting at a bus stop outside a migrant aid center in the US state of Texas, police said.
Latest
5 hours ago
NATO's Secretary General Jens Stoltenberg on Tuesday condemned attacks against the alliance's forces in Kosovo, after 30 of its peacekeepers were injured in clashes with ethnic Serb protesters.
5 hours ago
Dr Marcel Mbamalu, Publisher Prime Business Africa LAGOS, Nigeria, 30 May 2023 -/African Media Agency(AMA)/- Foremost publisher and media ace, Dr Marcel Mbamalu, has been nominated to participate in the 2023 Jefferson Fellowships. Dr. Mbamalu is the publisher and editor-in-chief of Prime Business Africa, which also happens to be the only media outfit selected from Nigeria and the…
5 hours ago
ASTANA, Kazakhstan, 29 May 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, has received in-principle approval by Kazakhstan’s Astana Financial Services Authority (AFSA). This latest approval highlights Bybit’s continued commitment to expanding its presence in emerging and dynamic markets. The in-principle approval subjects Bybit to pre-conditions leading to permanent authorization upon Bybit’s completion…
6 hours ago
President Bola Tinubu has ordered the Department of State Services (DSS) to vacate the office of the Economic and Financial Crimes Commission (EFCC) in Ikoyi, Lagos, immediately. Tinubu on Tuesday evening said if there were issues between the “two important agencies of government”, they would be resolved amicably. The President said this, according to a…
6 hours ago
The Trade Union Congress of Nigeria (TUC) has urged President Bola Ahmed Tinubu to treat the issue of subsidy removal with caution. In his inaugural speech at the Eagle Square in Abuja on Monday, Tinubu declared that the era of subsidy payment on fuel has ended. He added that the 2023 Budget made no provision…