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Zuma's MK party to join South Africa's opposition alliance

Zuma’s MK party to join South Africa’s opposition alliance

In a significant political shift in South Africa, former President Jacob Zuma has announced that his party, uMkhonto weSizwe (MK), will align with the opposition alliance in parliament. This move follows the recent elections where MK contested and garnered substantial support, positioning itself as the country’s third-largest party. Zuma, speaking through MK spokesperson Nhlamulo Ndhlela, […]

Kenyan policeman shoots magistrate in open court

Kenyan policeman shoots magistrate in open court

In a shocking and tragic incident in Nairobi, Kenya, a senior police officer, Chief Inspector Samson Kipchirchir Kipruto, lost his life after opening fire in a courtroom. The scene unfolded shortly after Makadara Principal Magistrate Monica Kivuti ruled on a case involving Kipruto’s wife, canceling her bail due to her failure to comply with court […]

End to Siege in el-Fasher

UN Security Council Calls for Immediate End to Siege in el-Fasher, Sudan’s Darfur Region

Resolution Urges Sudanese Military and RSF to Protect Civilians and Cease Violence Immediately The United Nations Security Council (UNSC) has approved a resolution demanding that Sudan’s paramilitary Rapid Support Forces (RSF) halt the siege in North Darfur region and end fighting in the area. The resolution, approved in a vote of 14-0 with Russia abstaining […]

Capital Gains Tax

Assessing the Potential Impact of Canada’s Capital Gains Tax Changes on the Tech Sector

Canada’s Proposed Capital Gains Tax Changes: Impact on the Tech Sector Recently, Canada’s Liberal government announced pivotal changes to capital gains taxes in Budget 2024, stirring substantial concern within the technology sector. The proposed adjustment involves raising the inclusion rate on capital gains—from one-half to two-thirds—rather than altering the tax rate itself. This means a […]

EU Considers Strategies to Support Ukraine Amid Treaty Restrictions on Arms Purchases

EU Considers Strategies to Support Ukraine Amid Treaty Restrictions on Arms Purchases

EU Explores Legal Loopholes to Support Ukraine’s Defence Efforts Brussels is actively investigating avenues to circumvent a clause in the EU treaty that prohibits arms purchases from the union’s budget, aiming to bolster support for defence and Ukraine amidst escalating tensions. The European Commission has proposed the establishment of a legal task force to reassess […]

Elon Musk Threatens Apple Device Ban Over OpenAI Integration

Elon Musk Issues Warning: Threatens to Ban Apple Devices Over OpenAI Integration

Elon Musk Threatens Apple Device Ban Over OpenAI Integration Billionaire entrepreneur Elon Musk stirred controversy on Monday with a bold statement threatening to ban Apple devices from his companies if the tech giant integrates OpenAI at the operating system level. In a strongly worded post on his social media platform X, Musk, who leads Tesla, […]

tax livestock burps

New Zealand Abandons Proposal to Tax Livestock Emissions

New Zealand Introduces Legislation to Exclude Agriculture from Emissions Pricing New legislation set to be introduced to parliament this month will exempt the agriculture sector from a new emissions pricing plan, announced the New Zealand government. “Agriculture is a cornerstone of our economy, and we are committed to meeting our climate change obligations while supporting […]

Condemnation of Capital Gains Changes

Business Groups Unite: Condemnation of Capital Gains Changes as ‘Divisive

Business Groups Urge Reversal of Capital Gains Changes in Open Letter to Finance Minister Chrystia Freeland This morning, a coalition of leading business groups released an open letter addressed to Finance Minister Chrystia Freeland, intensifying pressure on the federal government to reconsider recent proposals outlined in the 2024 budget. The contentious plans include increasing the […]

US-Saudi Arabia 50-Year Petrodollar

Exploring the Implications of the Expiration of the US-Saudi Arabia 50-Year Petrodollar Deal

The 50-year petro-dollar deal between the US and Saudi Arabia expired on 9 June. The historic security agreement inked on 8th June 1974 between the United States and Saudi Arabia marked a significant milestone in bilateral relations. This agreement established two pivotal joint commissions: one focused on enhancing economic cooperation and the other dedicated to […]

Israel exit UN

Israel Contemplates Exiting UN; Rescue Operation Details Disclosed

Amid escalating tensions at the United Nations, Israel’s ambassador, Gilad Erdan, hinted at the possibility of Israel withdrawing from the organization after it was controversially placed on a ‘blacklist’ for alleged violations against children in conflict zones. Erdan expressed deep concerns over what he termed as unfair targeting and biased treatment towards Israel within the […]