Owner

Owner

Uganda Erupts

Uganda Erupts: Deadly Crackdown on Anti-Government Protests

KAMPALA — Uganda is once again at the center of international concern after security forces launched a forceful crackdown on anti-government protests, leaving dozens detained and raising alarms among human rights groups. The unrest began on July 23, 2024, when…

Bank of England

Bank of England holds interest rate steady at 5%

London – The Bank of England has decided to hold its key interest rate at 4%, maintaining its cautious stance as policymakers weigh the risks of persistent inflation against signs of a slowing economy. The announcement followed the latest meeting…

Homebuilder stocks surge

Homebuilder stocks surge but rally may be over

New York – Homebuilder stocks staged a sharp rally this week after U.S. government data showed new home sales soaring in August, but analysts warn the surge may not last amid persistent headwinds. According to the Commerce Department, new single-family…

Trump

Trump praises Pakistani general, lauds US ties

Washington D.C. – In a striking diplomatic gesture, U.S. President Donald Trump has heaped praise on Pakistan’s civilian and military leadership, calling Prime Minister Shehbaz Sharif and Army Chief Field Marshal Asim Munir “incredible” for backing his newly announced 20-point…

Jobless claims

Jobless claims hit lowest level in four months

Washington — In a sign of continued labor market resilience, the number of Americans filing for unemployment benefits dropped to its lowest level in four months. The Labor Department reported that initial jobless claims fell by 14,000 to 218,000 for…

US stocks drop

US stocks drop, oil jumps as Trump warns Iran

New York — Wall Street opened the week under pressure as U.S. stocks dipped and oil prices surged in the wake of President Donald Trump’s stark warning to Iran, urging “everyone” to evacuate Tehran. The remarks, delivered amid escalating tensions…

Putin boosts military

Putin boosts military with 180,000 more soldiers

Moscow — In a sweeping move that underscores Russia’s deepening commitment to its war effort in Ukraine, President Vladimir Putin has ordered the expansion of the Russian military by an additional 180,000 troops. The decree, signed this week, raises the…