Thursday, December 15, 2022
Weak retail sales report spooks the markets
report triggered fears of a U.S. recession.
This comes a day after the Federal Reserve raised interest rates again
in a bid to cool inflation.
William Denselow reports from New York.
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Biden announces Africa trip as he tries to repair ties with the continent
US President Joe Biden says he intends to visit Africa as he aims to strengthen ties with the continent amid growing influence from China and Russia in the region.
Speaking at the US Africa Leaders Summit, he also announced billions of dollars in new commitments on financing and bolstering democracy on the continent; while affirming his support for the African Union to join the Group of 20 and for an African country to become a permanent member of the United Nations Security Council.
From Washington, Kate Fisher reports
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BANK OF ENGLAND RAISES INTEREST RATE ONCE AGAIN
The Bank of England has raised its interest rate to 3.5% - the highest in 14 years. The move is a bid to tackle high inflation rates across the UK…but could lead to a big uplift in outgoings for some households. Laura Makin-Isherwood has more.
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US gvt promising free Covid tests amid fears of winter surge
The US government is once again offering free COVID-19 tests to all Americans as the country braces itself for potential coronavirus surges this winter.
The Biden administration is making four rapid virus tests available per household from Thursday, as part of its contingency plans for preventing the spread of the disease.
Benji Hyer has more details from Washington DC.
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Hundreds of Chinese companies saved from forced delisting as US regulators inspect audits
This eases the threat against some 200 Chinese companies that were at risk of being thrown off the US stock market for not complying with watchdog standards.
Toni Waterman has more.
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STORMS KILL THREE IN THE US
United States.
Several homes are also reportedly damaged, with many residents living
in the northern and central parts of the country, urged to stay
indoors or stay clear of the area altogether.
Jody Jacobs has more...
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UGANDA JAILS US COUPLE
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An American couple in Uganda has been charged with aggravated torture of a minor.
The couple is accused of torturing a 10-year-old adopted child under their care.
Hillary Ayesiga, reports...
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Influencers charged in stocks manipulation scheme
social media to manipulate stock prices.
The influencers are alleged to have pocketed 114 million dollars in a
pump-and-dump scheme.
U.S. correspondent William Denselow reports.
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US to double Ukrainian troop training
It comes as the US is preparing to authorize sending patriot missile
systems to help Kyiv in the fight against Russian forces.
Nick Harper reports from Washington.
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EUROPEAN CENTRAL BANK RAISES INTEREST RATES AS INFLATION BITES
The rise was widely expected by analysts - with the bank's president saying the global economic outlook remains uncertain.
From Berlin, Trent Murray reports.
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France into the men's World Cup final after beating Morocco
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British nurses go on strike
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DRC FLOODS AFTERMATH
Tanzania launches Internet services on Africa's highest peak
Daniel Kijo has more.
Banks Reconfigure ATMs as New Naira Notes Enters Circulation Today
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Nigeria's newly redesigned naira notes will go into circulation, starting today, with Deposit Money Banks releasing the bills to their customers via over-the-counter payments.
This comes weeks after Nigeria's President, Muhammadu Buhari, unveiled the new bills at a weekly Federal Executive Council meeting in Abuja.
The old Naira notes will still be a legal tender until the end of January 2023.
Ajeck Mangut reports from Abuja.
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Delhi Girl Attacked with Acid; Three Men Arrested
This incident has sparked outrage across India as the country struggles to tackle rising instances of violence against women.
Sreoshi Mukherjee reports...
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China's economic rebound stutters amid Covid case surge
China’s economy is facing a continued uphill struggle as a surge in Covid cases is undermining hopes of a rebound. International investors had been targeting a bounce back in growth after the government scrapped many of its strict Covid policies.
Richard Kimber reports from Hong Kong.
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Australian government pays tribute to slain police officers
Australia's Federal Parliament has paid tribute to the police officers killed in an ambush in Queensland this week.
Two police officers and a neighbour were fatally shot in Wieambilla (wee-am-billa) in Queensland's Western Downs on Monday.
Shaun Bindley reports from Brisbane.
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COURTESY AIR NEWS MEDIA - AUSTRALIA
Wednesday, December 14, 2022
France into the men's World Cup final after beating Morocco
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U.S. stocks fall on Fed announcement
rate hike announcement.
The move was expected but investors were spooked by the Fed's warning
that hikes will likely continue through next year.
William Denselow reports from New York.
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