Category Archives: World Development

China, Morocco, Iran, and seven OTHER countries that have banned crypto trading

Cryptocurrency is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. It has become a widely accepted means of payment, with greater capacity and faster settlement than other traditional financial structures. Its use has, however, been prohibited in some countries. An instance is Nigeria, which

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‘Thank you President’ — Okonjo-Iweala hails Buhari as US backs her for WTO

Ngozi Okonjo-Iweala has expressed her gratitude to President Muhammadu Buhari and Nigerians for their unflinching support for her run to become the director-general of the World Trade Organisation (WTO). Okonjo-Iweala had beaten seven other candidates to emerge the most preferred candidate for the much-coveted office, gaining the support of the US government on Friday. Expressing her gratitude to the US,

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Bill Gates: I’m shocked that people link me with evil theories about COVID-19

Bill Gates, co-chair of the Bill and Melinda Gates Foundation (BMGF), says he is surprised that some people link him with conspiracy theories about the COVID-19 pandemic.Some persons have claimed that the coronavirus pandemic is a cover for Gates’ alleged plan to implant trackable microchips in the world’s populace. But in an interview with Reuters, on Wednesday, Gates described the

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Trump already impeached for the second time — waiting for senate decision

The US house of representatives has voted 232-197 to impeach President Donald Trump for a record second time. On Wednesday, the majority of house members — including 10 of Trump’s fellow Republicans — voted in favour of impeaching him for encouraging his supporters to storm the Congress on January 6. The impeachment resolution charges Trump with just one article: “incitement

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US Election unrest: US is disgracing democracy —Turkish president

Turkish President Recep Tayyip Erdogan on Friday called the storming of the US Congress by Donald Trump’s supporters a disgrace that has “shocked humankind”. Erdogan had developed a close personal friendship with the outgoing US leader and had waited three days before congratulating Joe Biden over his November 3 presidential election win. But he pulled no punched in condemning what

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‘I’m outraged by violence’ — Trump says after return to Twitter

US President Donald Trump has finally condemned the chaos caused by his supporters at Capitol Hill. Supporters of Trump, on Wednesday, overrun the legislative building while lawmakers were in the process of certifying Joe Biden’s victory in the November 3 presidential election. The protesters had marched to the building after they were addressed by Trump, disrupting the event and forcing

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BREAKING: I won’t attend Biden’s inauguration – Trump

President Donald Trump says he will not attend the inauguration of Joe Biden, his successor. Trump, who has repeatedly contested his defeat in the recent election, announced this via Twitter on Friday. Biden will take over from him on January 20, 2021, an event which the outgoing president ought to attend as is often the case. “To all of those

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Elon Musk become world’s richest man

Elon Musk, the South Africa-born American CEO of electric car company, Tesla, has become the world’s richest man. Musk overtook Jeff Bezos, Amazon CEO, on Thursday, following a 4.8 percent surge in Tesla’s share price. The 49-year-old had his net worth rise $188.5 billion at 10:15 a.m. in New York, $1.5 billion more than Bezos, who has held the top

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US Elections: Pence has can reject fraudulently chosen electors – Trump

Ahead of Wednesday’s joint session of the congress, US President Donald Trump says Mike Pence, the vice president, has the power to “reject fraudulently chosen electors”. The January 6 session is usually a formal exercise presided over by the vice-president acting in as presiding officer of the senate to certify Electoral College votes. In the November 3 presidential election, Joe

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#US Elections: Police arrest Republican who voted with dead mother’s ballot

Bruce Bartman, a Republican, has been arrested for allegedly using his dead mother’s ballot to vote for President Donald Trump in last month’s United States election. He was charged with unlawful voting and perjury for allegedly pretending to be his dead mother while casting his ballot in the November election in Pennsylvania. Prosecutors said the 70-year-old registered two dead people

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