Monday, May 8, 2023

RUSSIA FORCED TO TAX OIL COMPANIES MORE AFTER PRICE CAP - G7 OFFICIAL

The Kremlin has been forced to overhaul the way it taxes Russian oil exporters due to the G7 price cap, according to an anonymous G7 official speaking to the British press.

According to the official, the oil companies will now be more heavily taxed - and therefore less able to invest in oil infrastructure, which is one of President Vladimir Putin's priorities.

The G7 says that's all part of its strategy to force Russia into making 'difficult choices' about its main source of income.

Stuart Smith reports from Mosocw.

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Contempt threats against US senior diplomat over Afghanistan documents

US Secretary of State Antony Blinken could be held in contempt of Congress if his State Department doesn't hand over classified communications relating to America's chaotic exit from Afghanistan.


A powerful Republican Party lawmaker — Michael McCaul, chairman of the House Foreign Affairs Committee — is pushing for the release of the sensitive documents written by diplomats at the US Embassy in Kabul shortly before the August 2021 withdrawal.


He alleges the cables in question warned Mr Blinken about the potential fall of the city weeks before the Taliban takeover. 


Benji Hyer has more. 


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Eight dead after care ploughs into crowd near shelter for homeless & migrants in Texas

Eight people have been killed in the US state of Texas after a car ploughed into a group close to a shelter for the homeless and migrants.


Police say it's not clear whether the incident - in the town of Brownsville on the Mexican border - was intentional.


US correspondent Kate Fisher reports 

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MEETING BETWEEN CHINA AND US IN BEIJING

China's Foreign Minister has met with the U.S Ambassador to China on
Monday, in what many believe is an attempt to foster better relations
between the two countries.
There's been growing tensions between the two superpowers of late
following the balloon saga and the visit of the president of Taiwan to
the US.
US Correspondent, Jody Jacobs reports...

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Biden prepares for high stakes meeting over debt ceiling

President Biden is set to meet with House majority leader Kevin McCarthy on Tuesday to try and strike a deal on the country's impending debt ceiling crisis.
 
Republicans are demanding Democrats agree to future spending cuts.

US Correspondent Ira Spitzer has more

 

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TATA STEEL BOSSES WARN OF UNCERTAINTY OVER FUTURE IN UK

Bosses at India's Tata Steel have warned its UK operations face 'material uncertainty'. The company employs around 8000 people at sites in Wales and North East England. Market conditions and decarbonisation targets have been pointed to as cause for concern. Laura Makin-Isherwood has more from London.


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Nigeria’s Presidential Election Tribunal Begins Pre-Hearing Monday

The Presidential Election Tribunal in Nigeria will begin pre-hearing petitions challenging the outcome of the country's February 25th Presidential election.

Correspondent Tesem Akende reports from Jos.

Take Radio

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Police accused of heavy-handedness after coronation arrests

Anti-monarchy protesters say police showed a lack of judgment after they made dozens of arrests ahead of King Charles III's coronation. Police have confirmed 64 people were arrested on Saturday, most of them suspected of planning to disrupt public order. Julia Chapman reports.

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22 dead as tourist boat capsizes in south India

At least 22 people have died, including seven children, after a tourist double-decker boat capsized in the south Indian state of Kerala.

Rescue operations are underway and police have filed a case of culpable homicide against the owner of the boat.

Neha Poonia is reporting.

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Petitioners seek probe into violence in India's Manipur

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A Supreme Court petition by tribal activists group in New Delhi is seeking a probe into violence in India's North Eastern state of Manipur.

For the past week groups of the state's majority Meitei (Mey-they) community have clashed with the minority tribal groups. 

200 people have reportedly been injured and thousands displaced. 

India correspondent Ishan Garg has more from New Delhi. 

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China calls for the international depoliticization of sports

China is raising concerns with the International Olympic Committee over the politicization of sport. It follows a series of protests against China’s politics at international sporting events.

Richard Kimber reports from Hong Kong.



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Sunday, May 7, 2023

Biden calls on Congress to pass gun reforms following Texas mass shooting

US President Joe Biden has once again called on Congress to pass gun reforms following a shooting at a Texas shopping mall.

Authorities say the suspected gunman killed 8 people, injured 7 others, and then was himself killed by an officer who had been dispatched to the area on a different call.

Our US Correspondent Jagruti Dave reports.

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Friday, May 5, 2023

WHO declares the end of the COVID-19 pandemic

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The World Health Organisation has declared COVID-19 no longer a global health emergency, but warns now is not the time to drop our collective guards.

WHO's International Health Regulations Emergency Committee discussed the pandemic on Thursday at its 15th meeting on the health response to COVID 19.

After considering the latest data and tracking the current rate of infections globally, the committee recommended a change in the approach.

Natalie Malgas has more…

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New 'insider witness' in Trump classified documents investigation

US prosecutors investigating classified papers found at Donald Trump's Mar-a-Lago estate say they are working with an 'insider witness'.


The Department of Justice is seeking to determine whether the former US president tried to remove sensitive documents from a storage room in response to a subpoena for their return.


Sally Patterson has more.


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North Carolina closes in on 12-week abortion ban

Republican lawmakers in North Carolina have passed a 12-week ban on abortion, setting up a showdown with the Democratic Governor, who has vowed to veto the restrictions. Toni Waterman has more.

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WHO: Covid-19 global health emergency over

Covid-19 is no longer a "global health emergency", according to the
World Health Organization.

The declaration comes more than three years after the global health
body raised the alarm.

US correspondent Nick Harper reports.

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US markets await CPI data after Fed rate decision (PREVIEW)

This week analysts are continuing to digest data showing the US jobs market remains robust, despite attempts by the Federal Reserve to cool the economy.


Upcoming inflation data could give an indication of whether the central bank will pause its rate hike campaign in the coming months.


Sally Patterson reports from New York.


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Jobs market remains robust despite headwinds

The U.S. labor market remains resilient despite substantial headwinds.

April's jobs remark surpassed analyst expectations fueling hope that a
recession can be avoided in the coming months.

William Denselow reports from New York.


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HORSE TRAINER SUSPENDED AHEAD OF KENTUCKY DERBY

A horse trainer has been suspended days before Saturday's celebrated
Kentucky Derby.
Four horses in the care of Saffie Joseph Jr collapsed and died,
another one of his horses have been pulled from the race.
US Correspondent, Jody Jacobs has more...

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Air France-KLM reports better-than-expected Q1 revenue

Air France-KLM has reported better-than-expected revenue in the first three months of this year aided in part by strong ticket sales ahead of the summer holiday season.

Ross Cullen reports.

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