AUSTRIA'S RAIFFEISEN BANK SET TO LEAVE RUSSIA

After much criticism from shareholders, Austria's Raiffeisen Bank is now considering how it can leave Russia.

It would need to sell its banking arm in Moscow, which provided the parent company with profits of 2.2 billion US dollars in 2022. That's 60% of the earnings of the entire Raiffesen group according to the Financial Times.

But it's having a hard time getting that money out, as Stuart Smith reports.

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Cheetahs born on Indian soil after more than 70 years

In a first, in over 70 years, 4 cheetah cubs have been birthed on Indian land.

A cheetah who was translocated from Namibia to India, gave birth to these cubs, officials say.

Sreoshi Mukherjee reports...

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Sam Bankman-Fried expected to plead not guilty to fresh charges

Sam Bankman-Fried is expected to plead not guilty to fresh criminal
charges including bribing Chinese officials.

The former Chief executive of FTX already faces the prospect of
decades in prison if convicted of fraud.

William Denselow reports from New York.

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Train carrying ethanol derails in Minnesota forcing evacuation

A train carrying ethanol has derailed in the US state of Minnesota forcing residents to evacuate.

Several cars erupted into flames after the crash in the small city of Raymond in the early hours of the morning.

Our US correspondent Kate Fisher reports

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Nine dead in U.S. military helicopter crash

All nine people onboard two military Black Hawk helicopters have died
after a crash during a training mission in the U.S. state of Kentucky.

The incident occurred around 25 miles from a military base.

U.S. correspondent William Denselow reports.

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Wall St Journal reporter detained in Russian on espionage charges

A US reporter working for the Wall St Journal has been detained by
Russian authorities on espionage charges.

The Federal Security Service arrested Evan Gershkovich in the eastern
city of Yekaterinburg.

US correspondent Nick Harper reports.

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Vatican: Pope Francis had a "calm" night in hospital

The Vatican says Pope Francis had a "calm" night after being admitted to hospital on Wednesday.

The 86-year-old is suffering from a "respiratory infection" but has tested negative for COVID-19.

Giles Gibson has more from Rome.

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Uganda Deploys a Thousand Soldiers to DR Congo Under EA Regional Force

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Uganda has flagged off about 1000 soldiers to the Democratic Republic of Congo as part of the East African Regional Force to protect civilians and property in the areas occupied by the M23 Rebels.

They join Kenya, Angola, South Sudan, Tanzania, and Burundi forces that are already in the country.

Over 130 armed groups are based in Eastern DR Congo and have destabilized the mineral-rich country for decades.

 

Isabel Nakirya reports

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Nigeria’s Secret Police Confirms Plot by Politicians to Install Interim Govt.

Nigeria's State Security Service, or the DSS says there is a plot by some politicians in the country to set aside the constitution and install an interim government.

Correspondent Tesem Akende reports from Jos.

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$160mn fine upheld for Google by Indian appeals court

An Indian tribunal has upheld a $160 million fine for Google in a case related to the dominance of its Android operating system.

But some relief for the US tech giant came as it quashed four out of the ten anti-trust directives that had been imposed on the firm.

Rebecca Bundhun reports from Mumbai.

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UK SETS OUT NEW NET ZERO PLANS

The UK government's setting out its plans to reach net zero emissions by 2050, partly by investing in nuclear power.

The 1000 page plan also includes funding for green hydrogen, more flexibility in planning for wind sites, and energy efficiency measures in homes.

The opposition Labour Party says the proposals are simply a 'rehash'.

Katie de Kauwe from Friends of the Earth says more could still be done.

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Delhi government calls emergency meeting as COVID-19 cases spike

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The Delhi government is calling an emergency meeting after a sharp spike in COVID-19 cases.

Nearly one in 10 people are now testing positive for coronavirus in the Indian capital.

Experts believe, an Omicron subvariant is driving this surge, as Ishan Garg reports from New Delhi.

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The US dismisses China's anger over Tsai Ing-wen's stateside schedule

The US is dismissing China’s threats of retaliation over a likely meeting between House Speaker Kevin McCarthy and Taiwan’s President Tsai Ing-wen. The two are expected to meet in Los Angeles next week, at the end of President Tsai’s diplomatic tour of Central America.

Richard Kimber reports from Hong Kong.

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South Korea leader seeks support for Japan's wastewater discharge

South Korea’s leader is vowing to win public support for Japan’s plan to discharge treated, radioactive wastewater into the Pacific Ocean. 

Japan wants to dispose of more than a million tonnes of water used to cool the wrecked Fukushima nuclear power plant. 

Seoul had previously criticized the project.

Chris Gilbert reports from Tokyo. 

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Stocks rise as banking fears fall

U.S. stocks rose Wednesday as fears over the health of the banking
sector subside.

And it was a good day for the tech sector with chip markers leading the charge.

William Denselow reports from New York.

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US gives $690m to boost global democracies

US President Joe Biden has announced almost $700m in funding to help
boost democracies around the world.

He was speaking on day two of the Summit for Democracy.

However, the Biden administration has been criticized for making
little progress in upholding human rights and advancing democratic
freedoms since the last summit, 15 months ago.

Nick Harper reports from Washington.

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Pope Francis staying in hospital after tests

Pope Francis is remaining in hospital after some previously scheduled tests.

The 86-year-old recently celebrated his tenth anniversary as head of the Catholic Church.

Our correspondent Giles Gibson has more from Rome.

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Repeal to war authorization voted in by Senate 20 years after Iraq invasion

The Senate has voted 66-30 to repeal a decades-old authorization that was used for U.S. military action in the Gulf and Iraq wars.

Lawmakers see it as necessary to prevent abuse by any Presidential administrations.

Caroline Malone reports from Washington.

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No Trump indictment decision expected for weeks

A grand jury deliberating whether to indict Donald Trump isn't
expected to hear evidence in the case for several weeks.

This comes after the former President suggested he would be arrested
earlier this month.

William Denselow reports from New York.

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White House preparing to strengthen bank regulations

The White House is preparing to call for federal banking regulators to impose new rules on midsize banks, according to reporting by The Washington Post.

It follows the collapse of Silicon Valley Bank and Signature Bank earlier this month.

US President Joe Biden has already said the White House response "was not over yet".

Kate Fisher reports from Washington

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