The Financial Intelligence Authority explains why new EU rules are biting Kampala, Uganda | RONALDMUSOKE | Uganda’s Financial Intelligence Authority (FIA) has come out to allay the fears of some Ugandans who in recent weeks have shared their frustration via social media about their struggle to exchange money while on their …
Read More »Europe’s support for Ukraine serves U.S. interests, weakens itself: Putin
Moscow Russia | Xinhua | Europeans are seeing that providing ceaseless support to Ukraine does not serve their own interests, but only benefits the United States, Russian President Vladimir Putin said on Friday. “We are seeing that public opinion in Europe is changing. Both Europeans and … European elites see that …
Read More »This week’s NATO Summit
How did we come so late to the claim of Putin’s megalomania as the cause of European instability? THE LAST WORD | Andrew M. Mwenda | NATO leaders meeting in Vilnius, Lithuania, have resolved that once the war in Ukraine ends, that country will be admitted into the alliance. Since the war began, …
Read More »Ugandan MPs denounce European threats against developing nations
Brussels, Belgium | THE INDEPENDENT | Ugandan legislators participating in the ongoing European Union, and the African, Caribbean, and Pacific (EU-ACP) States’ assembly in Brussels, Belgium have denounced threats propagated and orchestrated by Europeans on developing nations. This reaction was evoked by the EU parliament’s condemnation of the Parliament of Uganda …
Read More »How Europe’s carbon border tax could help Africa
The EU’s carbon border adjustment mechanism is designed to lower greenhouse-gas emissions and encourage cleaner industrial production beyond its borders COMMENT | CARLOS LOPES | As the European Union pursues vigorous efforts to achieve its targets under the Paris climate agreement, the bloc’s proposed carbon border adjustment mechanism (CBAM) offers the …
Read More »ANALYSIS: European banks remain vulnerable to financial sector shocks
Rome, Italy | Xinhua | European banks are better prepared than those elsewhere in the world for crises such as the failure of two regional banks in the United States (U.S.) earlier this month. However, analysts say they remain vulnerable to changes in consumer confidence, and weaknesses in the financial sector. German …
Read More »Finnish president to visit Turkey for NATO bid
Helsinki, Finland | Xinhua | Finnish President Sauli Niinisto said on Wednesday that during his upcoming visit to Türkiye he would acknowledge reception of the Turkish response to the ratification of Finland’s NATO membership. Contact with the Turkish presidential administration has been frequent since last spring, Niinisto said, and has …
Read More »Europe eyes Africa as ‘future source of cheap green hydrogen’
After a recent rush on Africa’s natural gas resources, Europe is eyeing the continent’s green hydrogen potential, deepening climate and energy partnerships in the process. Cairo, Egypt | BIRD AGENCY | After Russia’s invasion of Ukraine in March 2022 set off a rush for gas resources worldwide, Europe picked Africa …
Read More »Deadly knife attacks in Spain, Germany spark outrage across Europe
Rome, Italy | Xinhua | A spate of violence in Spain and Germany that left several people dead and many injured has drawn outrage from leaders this week. On Wednesday, one person was killed and another hospitalized after a man carrying a large machete-type knife carried out attacks at two churches in …
Read More »Macron calls on France, Germany to become pioneers of Europe refoundation
Paris, France | Xinhua | France and Germany should together become “pioneers” in the refoundation of Europe, French President Emmanuel Macron said on Sunday in Paris during the celebration of the 60th anniversary of France-Germany reconciliation. Macron pointed out that the first task of the two countries, as pioneers, should be …
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