Tuesday, February 13, 2018

India's Bank of Baroda to exit South Africa

Indian bank- the Bank of Baroda that has been linked to the Gupta brothers has announced its plans to exit South Africa.

The bank's representatives in India have said that the reason for the exit is because the bank wants to rationalise its 100 odd overseas branches.

Just a few weeks ago, the Bank had said it was cooperating with South African officials for probe into its compliance lapses.

Our India correspondent Neha Poonia reports.

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Trial begins for 1976 French bank heist 'mastermind'

The alleged mastermind of an audacious bank heist has gone on trial in France, nearly half a century after the crime was committed. 

The gangster wrote about the robbery eight years ago under an assumed name, but now prosecutors are trying him for money laundering. 

From Paris, Paul Barber reports. 

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ANC URGES ZUMA RESIGNATION

South Africa's ruling party has asked president Jacob Zuma to resign.

This is after he refused to voluntarily heed calls for his resignation amid allegations of  corruption against him.

Coletta Wanjohi reports :

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INQUIRY STARTS INTO OXFAM SEX SCANDAL

The UK's Charity Commission is starting an inquiry into the handling of a sex scandal in Haiti by charity Oxfam.

It's claimed Oxfam knew of concerns relating to the use of prostitutes by aid workers in Haiti in 2011.

And now a whistleblower claims she resigned from the charity after passing on claims of child abuse in Oxfam shops and allegations of sexual exploitation of aid beneficiaries.

The UK government's threatened to cut funding to Oxfam if it can't account for how it handled claims of sexual misconduct.

UK correspondent Olly Barratt says the scandal is overshadowing the charity's operations.

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UK correspondent Olly Barratt says the charity's reputation is taking a huge hit.

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Commonwealth to reportedly discuss who should be head after British Queen passes


The Commonwealth is reported to be secretly considering who might succeed Britain's Queen Elizabeth the Second after her death. 


The 91 year old monarch has headed the group since her coronation in 1953, however the position is not hereditary and will not automatically pass to her son, Prince Charles.  From London, Catherine Drew reports. 


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Russia prepares for alternative Olympics

The Russian Prime Minister Dmitri Medvedev has confirmed that Russia will host a one-off alternative to the Winter Olympics, and athletes suspected of doping by the IOC will be invited. Meanwhile at the Games themselves, the fall-out continues. Dan Ashby has more. 

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UK GOVT UNVEILS TOOL TO TACKLE ONLINE EXTREMISM

The UK has produced a tool it says can find jihadist content online and block anyone from viewing it.

It's been developed by an artificial intelligence company in London, with government funding.

Thousands of hours of content from the Islamic State has been put through the tool to teach it to spot extremist material.

The UK government says it won't rule out forcing tech companies to use it.

Home Secretary Amber Rudd is in California to discuss the idea, and other ways of tackling extremism online, with tech firms.

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Putin and Trump speak over the phone about North Korea

President Trump has confirmed that he spoke to President Putin over the phone to discuss a number of international issues. But it's being reported differently in Russia, as Dan Ashby reports. 

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Monday, February 12, 2018

Cyclone Gita belts Tonga flattening Parliament House

Tonga has been belted by Cyclone Gita flattening the Parliament building and causing extensive damage.
With destructive winds of 230 kilometres per hour, the category four Cyclone ripped roofs from houses, brought down trees and caused widespread flooding.
Graham Kenna from Tonga's National Emergency Management Office told Australia's ABC radio that they haven't been able to confirm any fatalities as yet.

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New Zealand Opposition Leader Bill English resigns from parliament

Bill English has quit as New Zealand's National Party leader and will leave parliament at the end of the month.
The former prime minister made the announcement this morning, following a week of speculation.

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Wall Street bounces back

US Markets have risen this Monday, with the Dow gaining more than 400 points.

It follows the worst week for Wall Street in two years.  

Nick Harper reports from New York.

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Meanwhile there are already jitters about inflation data out later this week. 

Nick Harper reports from New York.

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Vanessa Trump in hospital for evaluation after opening letter containing white powder

The wife of Donald Trump's son Donald Trump Jr. has been taken to hospital after opening an envelop containing an unknown white powder.


The substance was later found to be non-hazardous, and Vanessa Trump was taken to the New York Presbyterian Weill Cornel Medical Center as a precaution. 


Our New York correspondent Liling Tan has the details.


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Trump's daughter-in-law hospitalized after opening envelope containing white powder

President Trump's daughter in law has been admitted to hospital after opening an envelope with white powder inside it.


Vanessa Trump is under medical observation in New York.


Our Washington Correspondent Simon Marks reports.


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Trump unveils plan to fix "crumbling" US infrastructure

President Trump has unveiled his long-promised plan for a revamp of what he's called "crumbling" US infrastructure.

He wants Congress to authorise 200 billion dollars over a decade which he hopes will stimulate another 1.3 trillion dollars in improvements.

Kate Fisher reports from Washington.

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U.S. President Donald Trump is promoting his ideas for spending on infrastructure.

He says $1.5 billion needs to be spent, but is only offering around $200 billion to be invested over a decade, "not a large amount" as even the American president concedes.

U.S. President Donald Trump says for starters, American roads will be the best in the world.

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ELLEN JOHNSON SIRLEAF WINS LEADERSHIP AWARD








SUGGESTED LEAD

Former Liberian President Ellen Johnson Sirleaf has won the Ibrahim Africa leadership award.

She becomes the first ever female leader to scoop it on the African continent.

Hillary Ayesiga reports..


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Wall St jumps after worst week in 2 years

US Markets have rebounded after the worst week for Wall Street in over two years.

However, later on Monday investors will need to digest the details of President Trump's $1.5 trillion dollar infrastructure plan.

Nick Harper reports from New York.

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Tough issues face Sec. Tillerson on Middle East Trip

U.S. Secretary of State Rex Tillerson is facing complex and tough issues as he starts a week-long swing through the Middle East, with meetings in Egypt,  Kuwait, Jordan, Lebanon and Turkey.

His visit comes as Egypt targets Islamic militants, while Israel shoots down an Iranian drone.

Our U.S. correspondent Priscilla Huff reports:

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Macron to announce Islam in France plan

The French President Emmanuel Macron says he will announced plans to reorganize how the Islamic faith is structured in France. 

Mr Macron said he wants the religion to be better explained and have a more peaceful relationship with the state. 

Paul Barber reports from Paris. 

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Australia's "Closing the gap" still failing first nations

An indigenous voice will be added to parliament if the Labor party wins the next Australian federal election but Prime Minister Malcolm Turnbull says he'll still hold fire until he hears from Aboriginal Australians.
Arthur Stevens has more

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Australian inquiry into banks underway

Australia's financial services Royal Commission has begun proceedings in what's expected to be a 12 month wide-ranging enquiry.
The opening day was told that consumers are not always treated honestly and fairly in the nation's $1 trillion home loan market and laws may have been broken.
Arthur Stevens has more

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