Day: May 9, 2022

Sri Lanka’s PM Mahinda Rajapaksa resigns as protests escalate over economic crisis

Sri Lanka’s prime minister resigned on Monday, hours after clashes with pro- and anti-government demonstrators in the commercial capital Colombo amid the country’s worst economic crisis that has spurred protests by thousands. During weeks of unprecedented demonstrations, protesters across the island nation of 22 million people have demanded that President Gotabaya Rajapaksa and his elder… Read More Sri Lanka’s PM Mahinda Rajapaksa resigns as protests escalate over economic crisis

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Massive turnout as Philippines vote in presidential election

Philippine voters streamed to polling stations on Monday, with the prospect of a once-unthinkable return to rule of a member of the Marcos family, 36 years after strongman Ferdinand Marcos wasousted in a “people power” uprising. The presidential election pits Vice President Leni Robredo against former senator and congressman Ferdinand Marcos Jr., the son and… Read More Massive turnout as Philippines vote in presidential election

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Somalia asks IMF for three-month extension of financial support programme

Somalia’s government has asked the International Monetary Fund (IMF) to extend its financial support by three months to August 17, the head of the IMF’s country mission said. The Washington-based fund warned in February that Somalia’s delayed legislative and presidential elections put the renewal of the three-year budget support programme, worth nearly $400 million, at… Read More Somalia asks IMF for three-month extension of financial support programme

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U.S. offers $15million for information on Conti ransomware group

The United States on Friday offered a reward of up to $15 million for information on the Russia-based Conti ransomware group, which has been blamed for cyber extortion attacks worldwide, State Department spokesman Ned Price said. The FBI estimates that more than 1,000 victims of the Conti group have paid a total in excess of… Read More U.S. offers $15million for information on Conti ransomware group

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Italy impounds luxury yacht linked to Russian President Vladimir Putin

The Italian government ordered police on Friday to impound a luxury yacht worth some $700 million that has been linked in the media to Russian President Vladimir Putin. The sleek, six-deck Scheherazade had been undergoing repairs in the Italian port of Marina di Carrara since September, but recent activity at the dockside suggested that the… Read More Italy impounds luxury yacht linked to Russian President Vladimir Putin

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