Posts

Showing posts from May, 2017

Barclays to surrender control of Africa unit with £1.6bn sale

Image
Barclays gets regulatory approval to offload a big chunk of the division which operates in Ghana, Kenya and other African markets. Barclays has been given regulatory approval for the sale of its remaining stake in its Barclays Africa Group, according to a unit of the business. South Africa's finance minister has approved the deal, ABSA Bank said, and this will allow Barclays to begin selling its remaining 50% stake in Barclays Africa Group (BAGL). The move will form part of its chief executive's efforts to refocus the British lender on higher-growth areas. ABSA Bank, based in Johannesburg, is the main business inside Barclays Africa Group. Barclays Bank Egypt and Barclays Bank of Zimbabwe, which sit outside Barclays Africa Group, will also be sold. Barclays shares had risen as much as 2.5% in London on Wednesday, after Sky News  reported Barclays was drawing up plans  to reduce its shareholding in Barclays Africa Group Limited (BAGL) from 50.1% to approximate

Flooding and mudslides kill 200 in Sri Lanka

Image
A minister warns that if the "madness" of illegal structures is not curtailed "we are going to end up with a bigger disaster". At least 203 people have been killed and hundreds of thousands are displaced after flooding and mudslides hit large swathes of Sri Lanka. More than 1,500 homes have been destroyed and 16 hospitals evacuated since heavy rains began to hit southern and western areas of the island on Friday. Sri Lankan disaster management minister Anura Yapa said many of the victims would have survived had their homes not been built on slopes. Vowing to demolish all illegal structures, he said: "If we don't stop this madness, we are going to end up with a bigger disaster very soon. "About 30-40% of this disaster is due to illegal constructions. "The local councils should never have allowed homes to be built on (landslide-prone) mountain slopes." Mr Yapa said residents in the worst-hit Ratnapura and Kalutara distri

Malaysia Airlines flight turns back after passenger 'with bomb' tries to enter cockpit

Image
A Malaysia Airlines flight was forced to turn back after a passenger claimed he was carrying a bomb and tried to enter the cockpit A Malaysia Airlines flight was forced to turn back after a passenger claimed he was carrying a bomb and tried to enter the cockpit. The flight from Melbourne to Kuala Lumpur was turned back after the captain was alerted to the "disruptive" passenger by cabin crew. It landed at Melbourne Airport at 11.40pm local time and was kept in a remote bay while security services were called. The passenger was apprehended by airport security, Malaysia Airlines said. Malaysian transport minister Abdul Aziz bin Kaprawi said the man was a Sri Lankan national and his "bomb" was actually a battery pack. Mr Kaprawi said: "It is not a hijack. One disruptive passenger tried to enter the plane's cockpit." By;Worldcoinsmoney.blogspot.com

BREAKING NEWS;Arsene Wenger signs two-year Arsenal contract

Image
Arsene Wenger is to remain in charge at Arsenal after signing a new two-year deal. The news follows talks between owner Stan Kroenke, chief executive Ivan Gazidis and the 67-year-old after Arsenal had ended a turbulent season on a high by defeating Chelsea 2-1 in Saturday's FA Cup final. The decision was communicated to the Arsenal board at a meeting on Tuesday and ends months of speculation over Wenger's future. Calls for Wenger to step down had intensified over the last weeks of the season, with many Arsenal fans believing the time had come for the most successful manager in the club's history to end his 21-year spell in charge. However, Wenger will now extend his spell at the Emirates as he looks to mount a title challenge next season and guide Arsenal back into the Champions League, after their fifth-place finish meant they failed to qualify for the competition for the first time since 1997/98. "I love this club and I am looking forward to the futur

Rogue breast cancer surgeon Ian Paterson jailed for 15 years

Image
Breast cancer surgeon Ian Paterson has been branded a "monster" by his patients as he was jailed for 15 years. Paterson carried out unnecessary operations, including mastectomies, on hundreds of patients - possibly to boost his earnings. Dozens of victims turned up at Nottingham Crown Court for the sentencing - where the judge told Paterson his arrogance left him feeling untouchable and added to his "complete lack of remorse". Judge Jeremy Baker said: "You deliberately played upon their worst fears, either by inventing or deliberately exaggerating the risk that they would develop cancer, and thereby gained their trust and confidence to consent to the surgical procedures which you carried out upon them." Before Paterson was jailed, statements from some of his 10 private patients were read out, detailing the impact of his butchery on their lives. There was applause for John Ingram, who told the court in a victim impact statement that Paterso

Unbelievable! How a Teenage Girl R*ped at Gunpoint was Sentenced to Death for Adultery

Image
19-year-old woman has been sentenced to death by village elders in Pakistan's Punjab province for allegedly having an illicit relationship with her cousin after she accused him of r*ping her at gunpoint. According to Hindustimes, the incident happened on Friday in Rajanpur, a rural district about 400 kilometres from provincial capital Lahore. Shumaila was said to have escaped from the village after she came to know of the panchayat's decision and reported the matter to police. The woman has denied having any illicit relationship with her cousin Khalil Ahmed and alleged that he raped her at gunpoint when she was sleeping at her house. "I could not raise an alarm as Ahmed was holding a gun. But the panchayat refused to accept my statement and declared that I wilfully slept with him," she told the police. She said the panchayat did not take action against Ahmed. Fearing for her life, she approached the police on Saturday. "We have registered a FIR against t

Biafra: Why I'm fighting for secession of Igbos from Nigeria - Nnamdi Kanu

Image
Leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, says the demand for the secession of Igbos and the entire South-East from Nigeria is because Nigeria is not functioning well and can never function. Kanu said this in an interview with Al-Jazeera, to commemorate the 50th anniversary of the Biafran war on Tuesday May 30. In a chat at his Father's house in Umuahia, Abia state, Kanu said "Nothing seems to be working in Nigeria. There is pain and hardship everywhere. What we're fighting [for] is not self- determination for the sake of it. It's because Nigeria is not functioning and can never function." Kanu who was granted bail last month, says he doesn't care if he is flouting one of the terms for his bail which prohibits him from granting media interviews. "I don't care. I can't go outside to call for a press conference. I can't go on Biafra Radio to broadcast. I can't allow large [groups of] people to basically congr

I Want To Become President and Change Nigeria - Former Governor, Donald Duke

Image
Former governor of Cross River state, Donald Duke, said on Tuesday that he has interest in becoming Nigeria's president if the opportunity comes. Duke said this at a programme, "The Nigerian Symposium for Emerging Leaders" held in Lagos on Tuesday. He added that it was because of his interest in the presidency that he decided not to contest for a legislative position. "I do not have the flair for the legislature; standing up and sitting down at the chambers to raise a point. That was why I did not contest for the Senate but the presidency, after serving out my term as governor. "I have contested the presidency before; I will still give it a shot when the opportunity presents itself. I believe I still have the energy in me," he said. He also urged young people to be more proactive in politics. So folks, would you vote for Donald Duke if he contests in 2019? By;Worldcoinsmoney.blogspot.com Nigeria.

Nigeria vice-president Osinbajo Signs New Laws to Allow You Use Freezer, Generator as Collateral for Bank Loan

Image
The Vice-President said In a statement released on Tuesday by the Vice President's spokesman, Laolu Akande, the acting President, Yemi Osinbajo has signed two new laws that would help facilitate access to more affordable credit facilities for businesses in the country. Osinbajo's spokesman listed the acts to include the Secured Transactions in Movable Assets Act, 2017 (otherwise known as Collateral Registry Act) and the Credit Reporting Act, 2017. According to TheCable, the new laws were part of the federal government's reforms aimed at easing business operations in the country. The new laws will empower Nigerians to use their reputation, generators, deep freezers, school certificates, farm produce such as rice and beans, and many unconventional properties. The collateral register has been in the works for a number of years, with expectations that it would be signed into law early in 2016. Akande added that while the Collateral Registry Act ensures that Micro, Small an

Young billionaire who died at age 40 buried with bundles of cash - Photos

Image
Uganda's billionaire businessman, Ivan Ssemwanga, has been buried in the most 'unique' way ever! TUKO reports that the flamboyant moneybag who was also Zari Hassan's former husband, was buried with money thrown into the grave by family and friends. He was buried Tuesday, May 30, at his Kanyunga home in Uganda in a ceremony attended by all and sundry. The flamboyant tycoon died recently at age 40. Zari Hassan's billionaire ex-husband, Ivan Ssemwanga buried with cash  members of the Rich Gang, where deceased socialite Ivan Semwanga was leader, popped champagne and threw bundles of money at his grave, after he was laid to rest: May his soul rest in perfect peace. By;Worldcoinsmoney.blogspot.com

Russian warship and submarine fire missiles at IS fighters in Syria

Image
Moscow hails the bombing a success as footage shows the missiles being launched, gliding through the air and hitting the targets A Russian warship and a submarine have fired four cruise missiles at an Islamic State base in Syria. The missiles were launched from the Mediterranean by the Admiral Essen frigate and the Krasnodar submarine. They targeted IS fighters and weapons near Palmyra, the defence ministry said in a statement. It said the operation was successful and had taken out a group which had moved to the ancient city from the IS stronghold of Raqqa, the terrorists' de facto capital in Syria. Moscow warned the United States, Turkey and Israel ahead of the assault. It added the attack was promptly executed following the order, paying testimony to the Russian navy's high readiness and capabilities. However, it did not specify exactly when the bombing took place. Syrian troops backed by Russian airstrikes captured Palmyra in March last year and Mosc

Pound slips after poll suggests hung parliament

Image
Sterling falls by nearly a cent as new data suggests the Tory lead over Labour is narrowing. The pound has slipped to its lowest level against the dollar since last month after a new poll pointed to the risk of a hung parliament in next week's General Election. Sterling slipped by nearly a cent to below $1.28 - its weakest level since 21 April - following YouGov research published in The Times. The polling figures came in stark contrast to earlier expectations that the Conservatives would increase their majority. They showed Theresa May's party might lose 20 of the 330 seats it holds, with Jeremy Corbyn's Labour gaining nearly 30 seats. That could leave the Tories 16 seats short of the overall majority of 326 needed to govern without the support of other parties. Mrs May's decision to call an early election had provided a boost to the pound - with the currency  shooting up  from less than $1.26 to above $1.29 in one day and later creeping above the

US test-fires interceptor at intercontinental ballistic missile

Image
The test simulated the capability for responding to a hypothetical North Korean ballistic missile, Pentagon officials say. The US military has carried out the first test of a missile defence system against an intercontinental ballistic missile (ICBM). Officials said the test of the Ground Based Midcourse Defence (GMD) system at Vandenberg Air Force Base in California was successful. Pentagon officials said the test was to simulate the capability for responding to a hypothetical North Korean ICBM. Vice Admiral Jim Syring, director of the Pentagon agency in charge of developing the missile defence system, said it was "an incredible accomplishment". "This system is vitally important to the defence of our homeland, and this test demonstrates that we have a capable, credible deterrent against a very real threat," he said. The ICBM was launched from Kwajalein Atoll in the Pacific and was equipped with a warhead which would approximate the qualities of

At least 80 killed in Kabul explosion near foreign embassies

Image
As many as 350 people are also injured after the huge bomb rips through the heavily fortified diplomatic area. At least 80 people have been killed in a huge blast in the highly secure diplomatic area of Kabul. Police said the powerful car bomb exploded in an area close to the German embassy during the city's morning rush hour when the roads were packed with commuters. Afghan officials said 350 people were also wounded, but the number of casualties is expected to rise. The force of the blast was so great that more than 30 vehicles were either destroyed or damaged at the site of the attack. Buildings hundreds of metres away from the explosion were damaged with windows and doors blown off their hinges. Kabul police spokesman Basir Mujahid said: "It was a car bomb near the German embassy, but there are several other important compounds and offices near there too. It is hard to say what the exact target is." A spokesman for the Taliban denied it was behind

US to attempt first interception of intercontinental ballistic missile

Image
The new missile-defence test will be conducted following continued missile launches by North Korea's Kim Jong Un. The US military is to test its missile defence system by intercepting an intercontinental ballistic missile (ICBM) for the first time. The test of the Ground Based Midcourse Defense (GMD) system follows  the deployment of a US-built missile-defence shield in South Korea  a few weeks ago. Pentagon officials say the test is to simulate the capability for responding to a hypothetical North Korean ICBM. The custom-made missile it will try to intercept will be fired from a test range on Kwajalein Atoll in the Pacific. The launch location is approximately halfway between Hawaii and the Philippines, several thousand miles southeast of Pyongyang. North Korea's ballistic missile tests have created tensions between Pyongyang and Washington, with Kim Jong Un featuring commonly in discussions between President Donald Trump and Chinese counterpart Xi Jinping.

Suicide bomber kills 16 in Baghdad ice cream parlour

Image
Islamic State are saying they carried out the deadly attack in the Iraqi capital's Karrada district, which also wounded 75. A suicide bomber has killed at least 16 people at an ice cream parlour in Iraq's capital Baghdad. The attacker detonated a parked vehicle laden with explosives outside the shop around midnight on Monday. Islamic State said it carried out the atrocity in the central Karrada district of the city, which also wounded 75 people. Hours later a second car bomb exploded near one of Baghdad's main bridges, killing 11 people and wounding at least 41. Videos of the first attack posted on social media show a fire raging outside the Al-Faqma ice cream shop as bodies and rubble lie in the street. Along with bloodied people crying for help, one young girl wearing a ribbon and bow in her hair wanders the scene dazed. One photo showed cups of ice cream scattered on the blood-stained ground in the busy neighbourhood. The blast happened just days i

Arsene Wenger agrees to stay in charge at Arsenal

Image
Sources understand Arsene Wenger has agreed a new contract with Arsenal and we expect an official announcement on Wednesday. The club are also expected to announce whether they are looking into appointing a director of football to work alongside or above Wenger, or indeed whether that role could be filled by the Frenchman. News  said: "It is my understanding that Arsene Wenger is going to stay at Arsenal. "He is set to sign a new two-year deal. "news sources are telling us there will be an official announcement from the club tomorrow. "We believe that Arsene Wenger has the support of the Arsenal board and, perhaps significantly, the support of majority shareholder Stan Kroenke." The 67-year-old Wenger has been at Arsenal since 1996 and has led them to three Premier League titles and seven FA Cup trophies, the latest of which coming when they beat Chelsea at Wembley last week Saturday. However, with his previous contract set to expire in

Tiger Woods Arrested for DUI in Florida

Image
Tiger Woods is in trouble again — this time for allegedly driving under the influence in Florida. The once-great golfer was arrested around 3 a.m. Monday on Military Trail just south of Indian Creek Parkway in the town of Jupiter, NBC News has confirmed. He was released on his own recognizance eight hours later, a spokesperson for Jupiter police said. It was not immediately clear whether he was allegedly under the influence of alcohol or drugs — or whether anybody else was in the car. "I understand the severity of what I did and I take full responsibility for my actions," Woods said in a statement released Monday night. "I want the public to know that alcohol was not involved. What happened was an unexpected reaction to prescribed medications. I didn't realize the mix of medications had affected me so strongly. I would like to apologize with all my heart to my family, friends and the fans. I expect more from myself too. I will do everything in m

Serial killer Todd Kohlhepp avoids execution after plea deal

Image
Estate agent Todd Kohlhepp admits killing seven people, including a couple in their 20s, to avoid the death penalty. A serial killer has pleaded guilty to murdering seven people and has been jailed for life - avoiding the death penalty. Todd Kohlhepp, 46, admitted to the killings over nearly 13 years during which he ran a successful real estate business. He was arrested seven months ago when investigators checking on a missing couple rescued a woman chained inside a storage shed on his rural property. Kohlhepp killed four workers at a motorbike store in 2003. He said he murdered them after the store manager made him angry. He also admitted guilt in the deaths of a husband and wife - Johnny Joe Coxie, 29, and Meagan, 26 - who were hired to do work on his property and disappeared in December 2015. Their bodies were found on the property after his arrest. Kohlhepp was detained when police searching his property heard a woman's screams coming from a shed. The w

CCTV images show Manchester bomber Salman Abedi on night of attack

Image
Images show him in jeans, trainers, glasses and a baseball cap before he carried out the atrocity that killed 22 concert-goers. Police have released CCTV images of the Manchester bomber on the night he carried out his attack. Salman Abedi is seen wearing jeans, trainers, a dark jacket, a baseball cap and glasses in the final moments before he went to slaughter 22 concert-goers on Monday. A rucksack can be seen on his back, which detectives believe could have held the explosives that tore through crowds as they were leaving the Manchester Arena. The images are the first to show how the 22-year-old looked when he detonated the bomb he was carrying in the worst terror attack in Britain for more than a decade. Greater Manchester Police, which has released the images, has not revealed where they were taken or at what stage of the evening. Abedi is thought to have put the finishing touches to his bomb in a city centre flat before arriving at the concert. Detectives say t