Oil markets saw a volatile trading session on Friday, with prices swinging between gains and losses as investors weighed the impact of potential U.S. retaliatory tariffs against broader supply concerns stemming from stricter policies on Iran. West Texas Intermediate (WTI) crude continued its downward trend, closing in negative territory for the fourth consecutive week. Meanwhile,…
In a significant step toward strengthening economic and strategic relations, India and the United States have agreed to initiate talks for an early trade deal and work toward resolving their ongoing tariff disputes. The agreements, announced after a high-level meeting between U.S. President Donald Trump and Indian Prime Minister Narendra Modi at the White House,…
The Nigerian Senate has passed the 2025 Appropriation Bill, approving an unprecedented national budget of ₦54.99 trillion. This figure represents a significant increase from the ₦49.7 trillion initially proposed by President Bola Tinubu, reflecting adjustments made to accommodate additional revenue projections. The budget encompasses allocations for statutory transfers, recurrent and capital expenditures, and debt servicing,…
The Republican-controlled U.S. Senate has confirmed Robert F. Kennedy Jr. as the new Secretary of Health and Human Services (HHS). Despite fierce opposition from the medical community due to his history of promoting vaccine misinformation and conspiracy theories, Kennedy secured the role with a narrow 52-48 vote. His confirmation marks a significant and controversial addition…
In a significant win for Kenya’s anti-corruption efforts, former Kiambu Governor Ferdinand Waititu has been sentenced to 12 years in prison for fraud and conflict of interest. The ruling, delivered on Thursday by a Nairobi court, marks one of the highest-profile convictions in the country’s fight against graft. Waititu, who served as governor of Kiambu…
U.S. President Donald Trump once again signaled his intent to escalate trade tensions, posting an early morning message on Truth Social that underscored his commitment to imposing “reciprocal tariffs.” The post, made at 6:46 AM EST (5:16 PM IST) on Thursday, came just hours before his scheduled meeting with Indian Prime Minister Narendra Modi in…
A U.S. judge has lifted the temporary hold on a controversial federal worker buyout plan, delivering a win for President Donald Trump’s initiative to drastically reduce the government workforce. The ruling clears the way for the mass buyout program, which has already led tens of thousands of federal employees to consider their options. U.S. District…
Canada’s main stock index took a hit on Wednesday, dragged down by technology stocks, after a key U.S. inflation report dampened hopes for interest rate cuts by the Federal Reserve this year. The S&P/TSX Composite Index dropped 0.46%, closing at 25,514.73, as investors reacted to the latest economic data from the U.S. New figures revealed…
The U.S. Senate has confirmed Tulsi Gabbard as the new Director of National Intelligence (DNI) under the Trump administration. While she lacks direct experience in intelligence oversight, Gabbard brings a distinctive blend of military and legislative experience to one of the most critical national security roles in the country. Gabbard, a former U.S. Representative from…
In a move that has once again put him at odds with the Federal Reserve, President Donald Trump on Wednesday called for interest rate cuts, arguing that lower rates would complement his administration’s latest round of tariffs. “Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!!” Trump wrote in…
