
Analysis-Rising bond yields emerge as pressure point for US stock rally
By Lewis Krauskopf NEW YORK Rising U.S. bond yields are unnerving investors and worsening stocks turbulence as markets
2023-08-09 13:10

Factbox - Financial firms line up spot bitcoin exchange-traded fund applications
Financial firms are once again lining up to attempt to get their proposed spot bitcoin exchange-traded-funds approved by
2023-06-29 01:51

Armenia funnels US cars to Russia, in sanctions' evasion
A kilometres-long caravan of trailers loaded with used cars meanders on a dusty road leading to a customs terminal in...
2023-08-04 18:39

When wealthy adventurers take huge risks, who should foot the bill for rescue attempts?
In recent days, the massive hunt for a submersible vehicle lost during a north Atlantic descent to explore the wreckage of the Titanic has refocused attention on the conundrum: who should pay for the sweeping search
2023-06-25 19:36

Court dismisses Navalny's appeal against lack of access to writing materials in prison
Russia's Supreme Court has on Thursday dismissed an appeal by jailed Russian opposition leader Alexey Navalny against restrictions imposed on access to writing materials in prison, according to Russian independent news site Mediazona.
2023-06-22 18:53

Clashes in Senegal leave at least 9 dead; government bans use of social media platforms
Clashes between police and supporters of Senegalese opposition leader Ousmane Sonko left nine people dead, the government said Friday, with authorities issuing a blanket ban on the use of several social media platforms in the aftermath of the violence. The deaths occurred mainly in the capital, Dakar, and Ziguinchor in the south, where Sonko is mayor, Interior Minister Antoine Felix Abdoulaye Diome said in a statement. Some social media sites used by demonstrators to incite violence, such as Facebook, WhatsApp and Twitter have been suspended, he said. “The state of Senegal has taken every measure to guarantee the safety of people and property. We are going to reinforce security everywhere in the country,” Diome said. Sonko was convicted Thursday of corrupting youth but acquitted on charges of raping a woman who worked at a massage parlor and making death threats against her. The court sentenced Sonko to two years in prison. He didn't attend his trial in Dakar, and was judged in absentia. His lawyer said a warrant hadn't been issued yet for the politician’s arrest. Sonko came in third in Senegal’s 2019 presidential election and is popular with the country’s youth. His supporters maintain his legal troubles are part of a government effort to derail his candidacy in the 2024 presidential election. Sonko is considered President Macky Sall’s main competition and has urged Sall to state publicly that he won't seek a third term in office. Corrupting young people, which includes using one’s position of power to have sex with people under the age of 21, is a criminal offense in Senegal that is punishable by up to five years in prison and a fine of up to more than $6,000. Under Senegalese law, his conviction would bar Sonko from running in next year’s election, said Bamba Cisse, another defense lawyer. “The conviction for corruption of youth hinders his eligibility, because he was sentenced in absentia, so we can’t appeal,” Cisse said. However, the government said that Sonko can ask for a retrial once he is imprisoned. It was unclear when he would be taken into custody. Shortly after the verdict was announced Thursday, clashes erupted throughout the country with Sonko’s PASTEF party calling for people to take to the streets. In Dakar, protesters threw rocks, burned vehicles and in some places erected barricades while police fired tear gas. Plumes of black smoke and the sound of tear gas being fired were seen and heard throughout the city. Those who weren't protesting stayed indoors, leaving much of Dakar a ghost town with boarded-up shops and empty streets as people feared the violence would escalate. “The verdict cements the criticism that Sall’s government is weaponizing the judiciary to eliminate prominent rivals that could shake his rule,” said Mucahid Durmaz, senior analyst at global risk intelligence company Verisk Maplecroft. “Despite being presented as a beacon (of) democracy, the Sonko cases demonstrate the structural issues Senegal grapples with. The court decision and the prospect of Sall’s bid for a third term in the election next year will fuel fierce criticism around erosion of judicial independence and democratic backsliding,” Dumaz said. Government spokesman Abdou Karim Fofana said that the damage caused by months of demonstrations has cost the country millions of dollars. “These calls (to protest), it’s a bit like the anti-republican nature of all these movements that hide behind social networks and don’t believe in the foundations of democracy, which are elections, freedom of expression, but also the resources that our (legal) system offers,” Fofana said. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide US reopens embassy in Seychelles after 27-year absence US expands slots for asylum app at land crossings as demand overwhelms supply Restoration lags for Syria's famed Roman ruins at Palmyra and other war-battered historic sites
2023-06-02 14:38

Berlin authorities abandon hunt for 'lioness,' saying they found no evidence of a wild animal
Local authorities in Germany said Friday that they are ending a search operation for what was previously believed to be a lioness on the loose in the suburbs of Berlin.
2023-07-21 21:14

Cubs Rumors: Jorge Soler reunion, Juan Soto interest, Dansby Swanson latest
The Cubs' offseason could get busy, with rumors of a new Dansby Swanson approach, a star free agent target, and a potential blockbuster trade.
2023-10-11 06:46

Mauricio Pochettino explains what went wrong for Chelsea in Bournemouth draw
Mauricio Pochettino has lamented Chelsea's struggles in front of goal following a 0-0 draw with Bournemouth on Sunday.
2023-09-18 02:15

Hunter Biden plea agreement in tax, gun case set for July court date
Hunter Biden will go before a judge next month to formally strike an expected plea agreement with prosecutors on tax and gun charges that will likely spare him time behind bars
2023-06-22 05:45

Morgan Stanley Says Bill Dudley Is Wrong About the Bond Market
When it comes to the bond market, it’s Morgan Stanley vs Bill Dudley now. In their latest assessment
2023-07-04 01:00

Okta Says Hackers Stole Data for All Customer Support Users
Okta Inc. has discovered that hackers who breached its network two months ago stole information on all users
2023-11-29 10:41
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