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The logo of the International Monetary Fund (IMF), is seen during a news conference in Santiago, Chile, July 23, 2019. REUTERS-Rodrigo Garrido

IMF mulls $650 billion special drawing rights to boost countries’ reserves

The International Monetary Fund (IMF) says it will propose a $650 billion special drawing rights (SDR) to boost international reserves of its member countries.
Pedestrians walk in Buenos Aires' financial district, Argentina September 24, 2020. REUTERS-Agustin Marcarian

SDRs and debt holidays still just a band-aid for debt-hobbled countries

Debt experts, charity groups and investors welcomed news on Wednesday that the world’s poorest countries will get new IMF funds and COVID-19 debt relief, but they also cautioned that for some it would still only be a band-aid solution.

IMF grants debt relief to 28 low-income countries

The executive board of the International Monetary Fund (IMF) approved a third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT).
The logo of the International Monetary Fund (IMF), is seen during a news conference in Santiago, Chile, July 23, 2019. REUTERS-Rodrigo Garrido

IMF chief warns of “lost generation” if low-income countries don’t get more help

The head of the IMF on Friday urged advanced economies to provide more resources to low-income countries, warning of an emerging “Great Divergence” in global growth that could risk stability and trigger social unrest for years to come.
IMF Managing Director Kristalina Georgieva told reporters a new allocation of the IMF’s own currency, Special Drawing Rights, would give countries more fiscal space to address the health crisis and accelerate moves to a digital and green economy.

IMF chief sees ‘high degree of uncertainty’ in global outlook

The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources.
West Ham United insider ExWHUemployee has delivered an exciting update on the club’s striker chase.

West Ham poised to make opening €10 million bid for Boulaye Dia

Téléfoot Chaine report that Premier League club West Ham United are poised to make an opening €10m bid for 24-year-old Senegalese attacker Boulaye Dia to Reims.
Foreign ministers of Qatar and Australia have spoken for the first time since the controversy over the forced physical examination of female passengers at Doha airport.

Qatar renews apology over Doha airport incident

Qatar’s Deputy Prime Minister and Minister of Foreign Affairs Mohammed bin Abdulrahman Al Thani spoke to his Australian counterpart Marisa Payne on Friday, weeks after the October 2 incident that saw airport staff take women off several planes to examine them to check whether they were the mother of a baby abandoned at Hamad International Airport (HIA).

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Marko Arnautovic

West Ham boss won’t rule out re-signing Marko Arnautovic

Reports have surfaced linking forward Arnautovic, who thrived under Moyes during his first spell in charge of West Ham, with a return to the club.
VfB Stuttgart are eager to buy Liverpool goalkeeper Loris Karius.

Stuttgart seek to buy Liverpool goalkeeper Loris Karius

Karius has spent this season on loan with Union Berlin, though has spent the campaign largely on the bench. The goalkeeper has played 5 matches for the Berlin team and conceded 4 goals.
Manchester United could make a shock summer move for Getafe midfield anchor man Mauro Arambarri.

Manchester United linked with Getafe midfield star

The Red Devils have also been linked with a move for Atletico Madrid star Marcos Llorente, but with Los Rojiblancos demanding a minimum of €80m for the Spanish international, Arambarri is a much cheaper alternative.
Chelsea suffered late VAR heartache as they slipped to back-to-back FA Cup final defeats after a 1-0 loss to Leicester City, Youri Tielemans’ second-half strike proving decisive.

Thomas Tuchel reacts as ‘unlucky’ Chelsea suffer back-to-back FA Cup final defeats

Chelsea suffered late VAR heartache as they slipped to back-to-back FA Cup final defeats after a 1-0 loss to Leicester City, Youri Tielemans’ second-half strike proving decisive.
The kidnapped wife of a traditional ruler in Oyo State, Funbi Ojo, has regained freedom from her abductors.

Customs official kidnapped in Cross River

A serving Superintendent of Customs, Mba Ukweni Edu has been kidnapped at a river in Cross River State.

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The Economic And Financial Crimes Commission (EFCC) has said it was ready for fresh and immediate re-trial of the former governor of Abia State, Orji Uzor Kalu.

Senator Kalu: Attack on Abia INEC office needless

The Chief Whip of the Senate, Sen. Orji Kalu, has condemned the attack on Independent National Electoral Commission (INEC) office in Ohafia Local Government Area (LGA) of Abia.
Migrants rest at a reception centre after arriving on the southern island of Lampedusa, Italy May 11, 2021. REUTERS-Antonio Parrinello

Italy to ask EU to pay Libya to stop migrant departures – newspaper

Italy's government is set to ask the European Union to pay Libya to stop migrant boats leaving its coast, newspaper la Repubblica reported on Tuesday.
Jeffrey Feltman speaks during a news conference in Colombo. REUTERS/Dinuka Liyanawatte

U.S. concerned about increasing political, ethnic polarization in Ethiopia

The United States is deeply concerned about increasing political and ethnic polarization throughout Ethiopia, the U.S. State Department said on Friday, adding that Washington will work with allies to secure a ceasefire in the Tigray region, provide assistance and hold human rights abusers accountable.
The highly infectious variant of the novel coronavirus that is predominant in the United Kingdom may be up to 70 percent more deadly than previous strains, according to a report by the government’s scientific advisers.

Nigeria records no coronavirus death for third consecutive day

The Nigeria Centre for Disease Control (NCDC) confirmed 30 new cases in its update for May 8, 2021.
Mrs Monica Ugwuanyi’s Ugo-Touch of Life Foundation (U-TOLF) that donated to the ENS–PHCDA large quantities of multivitamins, de-worming drugs, other drugs and medical consumables for the ongoing programmes.

Enugu first lady calls for prayers over nation’s security challenges

The wife of Enugu State Governor, Mrs. Monica Ugochi Ugwuanyi has called on women to pray fervently for God’s intervention in the security and economic challenges confronting the nation.