Thursday , November 7 2024

The Independent

UK to hand out £330m from dormant bank accounts

London, United Kingdom | AFP | The British government announced plans Thursday to distribute £330 million ($447 million, 371 million euros) taken from dormant bank accounts to good causes, bringing the total handed out to almost £700 million. The Dormant Accounts Scheme was established in 2008, allowing the reallocation of money …

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Volvo Cars races to record sales in 2017

Stockholm, Sweden | AFP | Swedish carmaker Volvo, owned by the Chinese Geely, said Thursday that booming demand in China helped it notch up record sales for the fourth consecutive year in 2017. Volvo Cars said in a statement that it sold a total 571,577 cars worldwide last year, an …

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Indonesia police make huge New Year’s Eve marijuana bust

Jakarta, Indonesia | AFP | Indonesian authorities have seized 1.3 tonnes of marijuana and arrested six people in a major drug bust on New Year’s Eve, police said Thursday. Authorities confiscated the drugs at a port near Lampung, on the southern tip of Sumatra island. The bricks of tightly-wrapped cannabis — …

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Russia warns US not to get involved in Iran

Moscow, Russia | AFP | Moscow on Thursday warned Washington against interfering in Iran’s “internal affairs” after US President Donald Trump pledged to help Iranians “take back” their government following protests. The White House said it was weighing sanctions against those involved in a crackdown against the unrest, which has left …

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Zimbabwe drops case against US journalist on Mugabe tweet

Harare, Zimbabwe | AFP | A Zimbabwean court on Thursday set aside a case against an American journalist who was charged with insulting then-president Robert Mugabe on Twitter. Martha O’Donovan was charged with subversion and undermining or insulting Mugabe in an alleged tweet in October that described the ageing leader …

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Embattled Togo leader breaks silence in New Year address

Lome, Togo | AFP | Togolese President Faure Gnassingbe broke his silence after months of protests against his rule, calling on the opposition to “dialogue” in his New Year address given late Wednesday. “Dialogue must remain the preferred way of resolving disagreements between political actors,” Gnassingbe said in an address on …

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Qatar allows full ownership for foreign investors

Doha, Qatar | AFP | Qatar has approved legislation allowing 100-percent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said on Thursday. The move comes at a time of political crisis in the Gulf, with Qatar under an economic and …

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