Tuesday, October 4, 2022

UN calls on central banks not to use interest rate hikes to slow inflation

The United Nations has called on central banks to halt their interest
rate increases.

It warns that further policy tightening could cause a serious global
economic downturn.

Gabrielle Fahmy reports from New York.

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NOBEL PRIZE FOR PHYSICS ANNOUNCED

Three physicists have been awarded the Nobel Prize for physics for
their work on quantum science.
The prize in Physics was awarded on Tuesday.
Jody Jacobs has more.

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Beloved country music singer Loretta Lynn dies

Country music Hall of Famer Loretta Lynn has passed away at the age of 90.

She became a legend in the music scene in the 1970s with songs like "You ain't woman enough", and "Coal Miner's Daughter."
U.S. Correspondent Caroline Malone reports.


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Confusion in UK over budget details

The British prime minister and finance minister say there will be no imminent explanation of their fiscal plan. Their announcement comes after their unfunded budget set off turmoil in the markets. Julia Chapman has more.

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Ukraine celebrates Russian military withdrawal from Lyman

The scale of Russia's military defeat in the Ukrainian town of Lyman is becoming apparent as western reporters and other observers reach it.


The withdrawal of Moscow's troops came after months of conflict there.


In Russia, it's led to fresh criticism of the country's military leadership on television and social media platforms.


Reporter Sergio Olmos is on his way to Lyman and explains the importance of Ukraine's victory there.


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Elon Musk’s ‘peace plan’ for Ukraine sparks firestorm

Elon Musk has landed in hot water after he tweeted out a 'peace plan' for Ukraine which includes ceding territory to Russia.

The Twitter poll - which went out to the Tesla CEO's 107 million followers - had drawn the ire of Ukrainian President Volodymyr Zelensky and the support of the Kremlin.

Toni Waterman has more.

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EU approves rules mandating single charger for all smartphones from 2024

People living in the European Union will no longer have to keep a handful of different chargers for their tech devices from the end of 2024.


That's after lawmakers in the European Parliament gave final backing to legislation that will force manufacturers of mobile phones and some other gadgets to fit all devices with USB-C charging ports.


The laws are the first of their kind in the world. 


Rosie Birchard is our reporter in Brussels.


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PM TRUSS TACKLED OVER BENEFITS PAYMENTS

The UK Prime Minister Liz Truss is facing further pressures from her own party members, as her government's economic plan continues to face scrutiny. A number of Conservative MPs have asked Ms Truss to confirm there will be no real-terms cuts to benefits payments paid to those who are eligible for them. Laura Makin-Isherwood reports.


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Nigerian Billionaire Arrested By the Country’s Drug Law Enforcement Agency For Drug Trafficking

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Nigeria's Drug Law Enforcement Agency says it has arrested Ugochukwu Nsofor Chukwukadibia, a billionaire drug barron and recovered over 13 million Tramadol pills worth over $18 million in street value from one of his mansions in a highbrow residential estate in Lagos State.

 

The arrest of Ugochukwu who is the Chairman of Autonation Motors Ltd, comes barely two months after NDLEA uncovered a methamphetamine clandestine laboratory in the residence of another suspected drug kingpin in the estate, Chris Emeka Nzewi, who was arrested in July.

 

Ajeck Mangut reports

 

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Several French cities to boycott showing World Cup matches

Several French cities, including Paris and Marseille, will not show 2022 World Cup matches on big screens in protest at Qatar's human rights and environmental records.

Ross Cullen reports from Paris.

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AU asks Tanzania to review policy on pregnant teens

The African Union Committee of Experts on the Rights and Welfare of the Child  wants the government to review its policies on re-admitting pregnant and married girls to school. Last year  Tanzania agreed to re-admit pregnant and married girls to school but hasn't reviewed all policies.

 

Daniel Kijo reports from Dar es salaam


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UK GOVT FACES NEW REBELLION OVER BENEFITS

UK Prime Minister Liz Truss is facing another rebellion from some of her MPs, after she refused to commit to raising benefits in line with inflation.

It follows a major U-turn from her government on a planned abolition of the top rate of income tax.

Opposition Labour says it would be 'grotesque' not to raise benefits to match inflation.

But Liz Truss says no decision's been made yet about whether benefits can rise as quickly as pensions will.

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Gandhi-like demon statue sparks controversy during festival in India

An investigation has been launched in the Indian city of Kolkata following allegations that Mahatma Gandhi was depicted as a demon in a model created for a Hindu festival.

A wig and moustache were later added to the figure after it sparked outrage.

Our correspondent Rebecca Bundhun reports from Mumbai.

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North Korea fires missile over Japan

Japan is strongly condemning North Korea after it fired a missile through Japanese airspace.


It is the first time a North Korean missile has flown over Japan in five years. 


Chris Gilbert reports from Tokyo. 


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Monday, October 3, 2022

U.S. stocks soar to kick off new trading month

U.S. stocks soared Monday to start the new trading month on a high.

This comes off the back of a disastrous September as investors fear
rising interest rates could trigger a recession in the U.S.

William Denselow reports from New York.

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Dr Pääbo wins Nobel Prize in Physiology

A Swedish geneticist has won the Nobel Prize for medicine.
Svante Pääbo pioneered the use of ancient DNA to unlock secrets about
human evolution.
Jody Jacobs has more from New York.

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US Supreme Court returns for start of new judicial year

The United States Supreme Court kicked off its new term on Monday, with several major cases due to be decided over the next nine months.


Yet even as the nine justices take their seats at the start of this judicial year, shock waves continue to reverberate across America from the panel's previous seismic term, during which it overturned abortion rights, loosened gun laws and limited the power to tackle climate change. 


From Washington DC, Benji Hyer reports. 

 

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Kim Kardashian to pay $1.26 million in crypto ad fine

Kim Kardashian has agreed to pay more than 1.2 million dollars as part
of a settlement.

The U.S. Securities and Exchange Commission charged the reality star for
promoting a cryptocurrency without disclosing she had been paid for it.

Gabrielle Fahmy reports from New York.

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UN expands humanitarian appeal for Pakistan

The United Nations has dramatically increased its humanitarian appeal
for Pakistan.

Almost 1,700 people have been killed in the floods and the UN fears a
surge in water-borne diseases.

William Denselow reports from UN headquarters in New York.

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Oath Keepers Jan 6 trial opening statements due with Trump at centre of defence

Opening statements in the US Capitol riot trial of members of the far-right anti-government militia group, the Oath Keepers, are set to begin Monday.


Lawyers for founder, Stewart Rhodes, are expected to use an unusual defence strategy, centred on former President Donald Trump.

From Washington, Kate Fisher reports


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