In a defiant message following the first economic contraction in three years, U.S. President Donald Trump has called on Americans to remain patient, promising that the country will eventually experience an economic boom. The president’s comments came after the Bureau of Economic Analysis reported a 0.3% decline in U.S. GDP for the first quarter of…
The Economic and Financial Crimes Commission (EFCC) has issued a public notice declaring 41-year-old Elie Bitar as wanted in connection with an alleged fraud scheme involving the online trading platform, Crypto Bridge Exchange (CBEX). In a statement released on the EFCC’s official X (formerly Twitter) account and signed by Head of Media and Publicity, Dele…
The U.S. economy contracted for the first time in three years during the opening quarter of 2025, as a surge in imports and rising prices disrupted momentum, signaling fresh uncertainty amid growing trade tensions. According to the Bureau of Economic Analysis, the gross domestic product (GDP) declined at an annualized rate of 0.3% in Q1…
Despite being heavily linked with summer moves to European giants Arsenal and Barcelona, Spain international Nico Williams remains fully committed to his current club, Athletic Club. The 22-year-old winger, who turned down interest from both sides last summer to continue with his boyhood club, is focused on guiding the Basque outfit to Europa League glory…
Just 100 days into President Donald J. Trump’s second term, America’s wealthiest individuals are feeling the sting of a turbulent economy. According to a recent Forbes report, U.S. billionaires have collectively lost more than $300 billion since Inauguration Day on January 20 — marking one of the most dramatic early-term wealth contractions in modern history….
A major evacuation operation is underway in the Democratic Republic of Congo (DRC), where hundreds of government troops and police officers have been stranded for months inside United Nations bases in Goma, a city overtaken by M23 rebels earlier this year. According to a statement by the International Committee of the Red Cross (ICRC) on…
Switzerland is set to implement a new law banning Hamas and its affiliated organizations from operating within its borders, starting May 15. The Swiss government confirmed the move on Wednesday, signaling a significant shift in its stance toward extremist groups and reinforcing its commitment to national and international security. The law, originally passed by the…
In a bold move aligning with surging user demand, Bunq, the second-largest neobank in the European Union, has officially entered the crypto trading space. The Dutch-based digital bank has teamed up with U.S. crypto exchange Kraken to launch Bunq Crypto, a new feature that allows users to trade over 300 cryptocurrencies — including heavyweights like…
China’s manufacturing sector took a hit in April as factory activity contracted more than expected, adding fresh pressure to an already struggling economy. According to official data released Wednesday by the National Bureau of Statistics (NBS), the Purchasing Managers’ Index (PMI) dropped to 49.0, falling below the key 50-point threshold that separates growth from contraction….
Germany’s economy managed to sidestep a recession in the first quarter of the year, buoyed by a rebound in consumer spending and increased investment. According to preliminary data released Wednesday by the federal statistics office, Germany’s GDP rose by 0.2% compared to the previous quarter, aligning with economists’ expectations. This slight uptick follows a 0.2%…
