Friday, June 30, 2023

Inflation softens across the Eurozone

Inflation across the Eurozone has fallen slightly according to new data released by the European commission. 

The numbers reveal that while food and energy prices have softened, prices in the services sector have climbed - raising questions about whether the European Central Bank will maintain its hawkish approach to hiking interest rates. 

Trent Murray reports from Berlin

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Over 500 suspects arrested by Police in Nigeria over rail track vandalization, cattle rustling

Police in Nigeria have arrested over five hundred suspects for various offences ranging from cattle rustling, vandalization of rail tracks and other crimes.

Correspondent Tesem Akende reports from Jos.

Take Radio

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More than 600 arrests in France as looting, arson and violence continues

More than 600 people were arrested overnight in France in what was the third consecutive night of nationwide protests and violence.

Banks were set on fire and shops looted as thousands of people continued to demonstrate after the shooting dead of a teenager by police on Tuesday.

Ross Cullen reports.



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Merger of Indian lenders to create world's fourth largest bank

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India's HDFC Bank's merger with its sister entity will result in the world's fourth-largest lender by market capitalization.

After the merger which is due to be completed over the weekend, it will rank behind the likes of JP Morgan Chase and Bank of America – but will still boast a 120 million strong customer base.

Ishan Garg has more from New Delhi.

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Foreign businesses and investors wary of China's new espionage and security laws

CUE: Foreign businesses and investors are wary of tougher Chinese laws on national security and espionage that come into effect at midnight in Beijing on Friday. 

They worry that some activities, such as doing market or investment research, which can already be difficult, could become even more risky.


Andrew Wood reports from Hong Kong


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Japan urges N Korea negotiate over abductions

Japan is urging North Korea to join talks to resolve the issue of past abductions of Japanese nationals.

At least 17 people were taken by Pyongyang in a string of abductions in the 1970s and 1980s.


Chris Gilbert reports from Tokyo  


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Thursday, June 29, 2023

Stocks rise on Wall Street on strong U.S. economic data

On Wall Street, stocks climbed Thursday….after fresh economic data
showed the resilience of the U.S. economy.

The first-quarter GDP was revised sharply upwards to 2 per cent…from
an earlier reading of 1.3 per cent.

Gabrielle Fahmy reports from New York.

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Parkland resource officer not guilty on all counts

The resource officer who stayed outside the Marjory Stoneman Douglas High School while a gunman was killing people inside has been acquitted on all counts. Scot Peterson was facing 11 counts including felony child neglect and culpable negligence. Toni Waterman has more.

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US Supreme Court strikes down affirmative action at universities

President Joe Biden says he "strongly disagrees" with the US Supreme Court's landmark decision to overturn university affirmative action programmes.


The country's highest court — which he branded as "not normal" — ruled on Thursday to upend decades of positive discrimination policies in college applications that were designed to promote diversity.


Our US Correspondent Benji Hyer reports. 


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US air affected by Canadian wildfire smoke

More than a third of the United States currently have air quality alerts.
This as the smoke from Canadian wildfires blankets parts of the
country while officials call on the public to take safety precautions.
Jody Jacobs has more from New York...

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INFLATION UNEXPECTEDLY JUMPS IN GERMANY

Inflation in Germany has unexpectedly risen - reversing a series of declines in recent months.  

The new data released by the country's statistics agency underscoring how the economic impact of the war in Ukraine continues to be felt across Europe. 

From Berlin, Trent Murray reports. 

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Millions brace for sweltering temperatures as heat dome moves across the US south

The blistering and deadly heat wave that has been parked over Texas for the past two weeks is on the move. Tens of millions of Americans in Louisiana, Mississippi, Arkansas and Flordia are now bracing for extreme temperatures - with heat indices much, much hotter. Toni Waterman has more.

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Human remains possibly found in Titan investigation

The U.S. Coast Guard says human remains have possibly been discovered
among the wreckage of the Titan.

The submersible was on a dive to the wreck of the Titanic when it
imploded killing the five people aboard.

William Denselow reports from New York.

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United Airlines suffers fifth day of cancellations, delays

United Airlines is into a fifth day of heavy cancellations and delays.

Bad weather caused disruptions these past few days in the New York area…

But as Gabrielle Fahmy reports, even as other airlines are getting
back on schedule, United is plagued by other issues.

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Sweden Battles Inflation

Interest rates in Sweden have reached their highest level in nearly 15 years, after the central bank raised key rates again.


There are now warnings that more rises are likely, as Sweden joins many other European countries in trying to battle inflation.


John Bevir (Beaver) reports.


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Rights Organizations Welcome UK Court to Stop Deportation of Refugees to Rwanda

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Rights Organizations have welcomed the ruling by a UK court stopping the relocation of migrants to Rwanda.

Last year Britain struck a deal with Rwanda to send thousands of migrants who arrive on its shores to the East African country.

Isabel Nakirya reports.


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FRENCH COURT GENOCIDE SENTENCING

A court in Paris France has found a former Rwandan military policeman guilty of genocide and crimes against humanity during the Rwanda 1994 murders. The judge has sentenced him to life in prison.

Daniel Kijo reports.

UK PLAN TO PROCESS ASYLUM SEEKERS IN RWANDA RULED UNLAWFUL

England's second-highest court has ruled the UK Government's plan to deport asylum seekers to Rwanda is unlawful.

That's a change in the judgement by a lower court which heard the case at the end of last year.

It's a blow for the Government which means flights will remain suspended.

Stuart Smith has more from London.

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At least 150 people arrested after second night of violence in France

At least 150 people were arrested after a second night of violence with buildings and vehicles set on fire in cities across France.

This follows the killing of a teenager on Tuesday, who was shot dead by police during a traffic stop.

Ross Cullen reports.


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Nigerian Government Warns Against Slaughtering Sick Animals to Avoid Outbreak of Anthrax Virus

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The Nigerian government has warned against slaughtering sick animals to avoid the outbreak of anthrax virus in the country.


Anthrax is a severe bacterial disease that affects both humans and animals.


Health officials say the country is at high risk of importing the disease from Ghana, where it was confirmed both in humans and animals since 1 June.


Correspondent Ajeck Mangut reports from Abuja.


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