Author: News Editor

Major cryptocurrencies faced renewed pressure Thursday as the industry grappled with new challenges on numerous fronts. Bitcoin (BTC-USD), the largest digital coin, slipped 4% and fell to its lowest level in the past three months. Other major cryptocurrencies dipped, with ether (ETH-USD) and BNB (BNB-USD) falling more than 5% and a stablecoin called tether going below its crucial $1 price. Those drops dragged the total market value for all crypto assets to its lowest level since the banking turmoil began in March, according to Coinmarketcap. Publicly traded crypto companies also fell, including the stock of Coinbase Global (COIN). Other crypto…

Hours before, Trump walked into the Wilkie D. Ferguson Jr. U.S. Courthouse in Miami, where he became the first former president to be arrested on federal charges. The charges are related to his handling of hundreds of classified documents that he took from the White House when his term concluded in 2021. A trial could begin as Trump fights to secure a third consecutive Republican nomination for the presidency, making for an extraordinary clash of political and legal forces — and the kind of drama he usually loves. Except this reality show could end in prison. His supporters say such…

The ECOWAS’ Mediation and Security Council (MSC) at the Ambassadorial level will hold its 38th Ordinary Meeting today, June 16, 2023 in Abuja, Nigeria to deliberate on how to create a safer and more stable West African region. The MSC’s agenda and work programme to be adopted during the meeting, as well as items for decision are fashioned to unearth ways of improving the security situation of the region. At the meeting, memoranda expected to be presented include those on Transitions, Peace and Security Situation, the operationalization of ECOWAS Standby Force (ESF), the ECOWAS Stabilization Missions, Money Laundering and Terrorism…

    The Economic Community of West African States (ECOWAS) has provided Sierra Leone with US$500,000 in financial support towards the June 24 Presidential and Parliamentary elections.     The ECOWAS Commission, also, will deploy 95 Election Observers (Long and Short-Term – LTOs/STOs) to observe the elections. The President of the ECOWAS Commission, Dr. Omar Alieu Touray, approved the deployment of the Observers.     This is in line with provisions of Articles 12 to 14 of the 2001 regional Supplementary Protocol on Democracy and Good Governance on assistance to Member States holding elections.     The ECOWAS Election Observation Mission will be…

North West turned 10-years-old on Thursday June 15, 2023. The young reality TV star, who has been on both Keeping Up With The Kardashians and The Kardashians, is the daughter of reality TV icon Kim Kardashian and rapper Kanye West. North West is the eldest Kardashian-West child: Her younger siblings are Saint, Chicago and Psalm. North’s family wished her well on social media bright and early. Grandma Kris Jenner, whom she calls Lovey, was the first as she gushed about how special the budding influencer is. On Wednesday evening Kim and North were seen celebrating the child’s 10th birthday early…

Pedro Castro e Almeida has been appointed to replace Antonio Simoes, who has been hired as the new CEO of Britain’s Legal and General Group (LGEN.L) for Bank, Santander. Santander said on Thursday it has appointed Castro e Almeida as regional head for Europe as the Spanish bank bets on the region to drive growth. As regional chief, Castro e Almeida will be responsible for the bank’s units in Europe, including its businesses in Spain, Britain, Poland and Portugal, the bank said. Castro e Almeida will lead the transformation in the region and report to the group’s CEO, Hector Grisi,…

The European Union took an important step on Wednesday toward passing what would be one of the first major laws to regulate artificial intelligence, a potential model for policymakers around the world as they grapple with how to put guardrails on the rapidly developing technology. The European Parliament, a main legislative branch of the European Union, passed a draft law known as the A.I. Act, which would put new restrictions on what are seen as the technology’s riskiest uses. It would severely curtail uses of facial recognition software, while requiring makers of A.I. systems like the ChatGPT chatbot to disclose…

The Economic Community of West African States (ECOWAS), in collaboration with the United Nations Development Programme (UNDP) and the International Trade Centre (ITC), organized a regional capacity building workshop for Master Trainers from Business Associations on the African Continental Free Trade Area (AfCFTA) from 6 – 8 June 2023 in Abuja – Nigeria. In her remarks, Madame Massandjé Toure-Litse, the ECOWAS Commissioner for Economic Affairs and Agriculture, highlighted the need for West African businesses to take advantage of the opportunities provided by the African continental market. She reiterated the commitment of the ECOWAS Commission to support the Private Sector…

    President Joe Biden’s re-election bid on Wednesday, received an endorsement from a collection of the leading and big spending environmental groups in an early sign that he has consolidated their support despite some recent policy moves that angered climate activists.     The League of Conservation Voters (LCV) Action Fund, billionaire Tom Steyer’s NextGen PAC, NRDC Action Fund and the Sierra Club endorsed Biden during an LCV dinner in Washington. This is the first time the four groups have ever jointly announced a presidential endorsement, according to the Biden campaign.     “Together, we’ve made a lot of…

John Cena has come a long way from the ring to movie debut and DC Extended Universe. But the star got his big break in Hollywood by appearing in the Fast series. Appearing alongside some of the biggest action stars like Vin Diesel completely changed his persona in the eyes of the mainstream public. Just like how Fast Five was instrumental in Dwayne Johnson’s career, the same could happen with Cena’s career. But unlike Johnson, Cena has always talked about Diesel in a positive light. Being the brother of Diesel’s character in the movie puts that much pressure…