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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.
Healthcare workers applaud Mauricette, a 78-year-old French woman, after she received the first dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine in the country, at the Rene-Muret hospital in Sevran, on the outskirts of Paris, France, December 27, 2020. Thomas Samson/Pool via REUTERS

Many Europeans wary of taking coronavirus shot despite hi-tech advances

Europe rolled out a huge COVID-19 vaccination drive on Sunday to try to rein in the coronavirus pandemic but many Europeans are sceptical about the speed at which the vaccines have been tested and approved and reluctant to have the shot.
Travellers with they suitcases sit at the Eurostar terminal at St Pancras International, as EU countries impose a travel ban from the UK following the coronavirus disease (COVID-19) outbreak, in London, Britain, December 21, 2020. REUTERS-Hannah McKay

Coronavirus: Over 40 countries restrict travel from UK

More than 40 countries are still banning or restricting travel from Britain in a bid to contain a new strain of the coronavirus believed to spread faster.
FILE PHOTO - Swedish Foreign Minister Ann Linde attends a news conference during a visit to Moscow, Russia, February 4, 2020. REUTERS-Evgenia Novozhenina-File Photo

Majority in Swedish parliament backs ‘NATO option’ after Sweden Democrats shift

A Swedish parliamentary majority in favour of readiness to join NATO as a possible security policy option has emerged for the first time after the far-right Sweden Democrats party shifted position on the military alliance.
Helen Gluckman poses with a picture of her father Jan, who died of COVID-19 in a Swedish nursing home in April, amid the coronavirus disease (COVID-19) outbreak, in Stockholm, Sweden November 27, 2020. REUTERS-Anna Ringstrom

Sweden’s nursing home coronavirus failures haunt relatives left behind

In April, a nurse at a Stockholm home for the elderly told Helen Gluckman that her 83-year-old father would likely not live for long. He had been stricken by COVID-19 and the home recommended putting him on end-of-life care, she said.
Slovan Bratislava lost its appeal Friday against exclusion from the Champions League by UEFA after players tested positive for COVID-19 in pre-game checks.

UEFA writes FIFA requesting change in handball law

UEFA have asked FIFA president Gianni Infantino to change the handball rule to stop “growing frustration” following a spate of penalties awarded for the offence, European football’s governing body confirmed on Thursday.
Major Chinese stock indices on Friday ended mixed, with the benchmark Shanghai Composite Index down 0.05 per cent, at 3,083.79 points.

Asia Pacific stocks rise as investors await US election results

Shares in Asia Pacific rose modestly on Wednesday as U.S. President Donald Trump and Democrat Joe Biden were locked in a fierce battle for the White House.
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).
Walmart Inc removed firearms and ammunition from U.S. store floors this week to protect customers and employees as tensions across the country have been rising, the world's largest retailer said on Thursday.

Walmart pulls firearms, ammunition from US store floors as civil unrest flares

Walmart Inc removed firearms and ammunition from U.S. store floors this week to protect customers and employees as tensions across the country have been rising, the world's largest retailer said on Thursday.
The Nobel Foundation, which manages the Nobel Prizes, on Tuesday cancelled its traditional December banquet because of the coronavirus pandemic saying the award ceremonies would be held in “new forms”.

Nobel laureates to receive more prize money in 2020

Winners of the 2020 Nobel awards will receive more money than they received in 2019, the foundation that manages the prizes said on Thursday, ahead of the upcoming award announcements.
Democratic presidential nominee and former Vice President Joe Biden speaks at the National Constitution Center in Philadelphia, Pennsylvania on September 20, 2020, to make a statement on the nomination for replacement of recently deceased Supreme Court Justice Ruth Bader Ginsburg. – US presidential hopeful Joe Biden urged Senate lawmakers to not vote on filling the Supreme Court vacancy left by Ruth Bader Ginsburg’s death until after the election in November. (Photo by ROBERTO SCHMIDT / AFP)

Joe Biden urges halt of Donald Trump’s US Supreme Court push

Democratic hopeful Joe Biden on Sunday urged lawmakers to wait until after November’s election to tackle a Supreme Court vacancy that President Donald Trump has pledged to fill quickly, as the nomination becomes a new flashpoint in the battle for the White House.
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

TikTok owner seeking $60 billion valuation in US deal

China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concerns, according to a person familiar with the matter.
Governor of Kaduna State, Mallam Nasir El-Rufai, has fully recovered from coronavirus. 1

Kaduna to hold maiden international marathon race

Kaduna State Government has unveiled plans to organise the maiden edition of its international marathon race in November this year.
Inter manager Antonio Conte has insisted that he does not feel that it is the right time to discuss his future as Inter boss following Inter’s Europa League final loss to Sevilla on Friday night.

Antonio Conte: Why Sevilla defeated Inter Milan in Europa League final

Inter Milan coach, Antonio Conte, has disclosed that his side lost 3-2 to Sevilla in the Europa League final on Friday night because of Romelu Lukaku’s unfortunate own goal.
Nigerian youngster, Akinkunmi Amoo, is in line to make his competitive debut for Hammarby on Thursday in the club’s Swedish league outing against IFK Norrköping.

Nigerian Youngster Set To Debut For Ibrahimovic’s Club

Nigerian youngster, Akinkunmi Amoo, is in line to make his competitive debut for Hammarby on Thursday in the club’s Swedish league outing against IFK Norrköping.

China eases travel restrictions for 36 European countries

China has eased entry restrictions for nationals from 36 European countries, months after thousands were left stranded when the country closed its borders and slashed flights to slow the spread of the coronavirus.
The Nobel Foundation, which manages the Nobel Prizes, on Tuesday cancelled its traditional December banquet because of the coronavirus pandemic saying the award ceremonies would be held in “new forms”.

Nobel Prize ceremony cancelled due to coronavirus

The Nobel Foundation, which manages the Nobel Prizes, on Tuesday cancelled its traditional December banquet because of the coronavirus pandemic saying the award ceremonies would be held in “new forms”.
Scandinavian airline SAS has given notice to almost 1,600 employees in Denmark, union officials said on Monday.

Airline SAS to cut almost 1,600 positions in Denmark

Scandinavian airline SAS has given notice to almost 1,600 employees in Denmark, union officials said on Monday.

Recent Stories

Real Madrid playmaker Martin Ødegaard will join Arsenal on loan for the rest of the season after the clubs agreed to terms this evening.

Arsenal agree deal with Real Madrid for Martin Ødegaard

Real Madrid playmaker Martin Ødegaard will join Arsenal on loan for the rest of the season after the clubs agreed to terms this evening.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Two ‘kidnappers’ arrested in Ondo

Two young men suspected to be kidnappers have been arrested in Supare Akoko in Akoko South West Local Government Area of Ondo State while trying to abduct a child in his family house.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Mob sets robbery suspect ablaze in Benue

The Police in Benue on Sunday said a robbery suspect was set ablaze by an angry mob while attempting to steal a motorcycle in Makurdi.
Deputy President to late OPC founder, Otunba Wasiu Afolabi, in a statement on Sunday, further said the arrest order on Yoruba rights activist Sunday Adeyemo popularly known as Sunday Igboho is “misguided and provocative.”

OPC: We’ll deal with killer herdsmen

Deputy President to late OPC founder, Otunba Wasiu Afolabi, in a statement on Sunday, further said the arrest order on Yoruba rights activist Sunday Adeyemo popularly known as Sunday Igboho is “misguided and provocative.”
Donald Trump has reportedly reverted to “self pity-mode” following his impeachment amid frustration that his Republican allies are failing to defend him.

Donald Trump’s coming impeachment trial aggravates rift among Republicans

The coming second impeachment trial of former U.S. President Donald Trump on a charge of inciting the deadly storming of the Capitol has aggravated a rift among his fellow Republicans that was on full display on Sunday.