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IMF worried over Venezuela, ‘no solution in sight’

Washington, United States | AFP | The International Monetary Fund expressed grave concerns Friday over Venezuela’s unending political crisis, seeing no end to the economic downturn and suffering of the population. Venezuela “remains in a full-blown economic, humanitarian, and political crisis with no end in sight,” the Fund said in a …

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US Congress may hold key to Iran deal future

Washington, United States | AFP | President Donald Trump dumped the fate of the Iran nuclear deal on US lawmakers Friday, leaving open the question of whether they can turn the screw on Tehran without killing the accord. Unveiling an aggressive new strategy against what he called the “rogue regime” …

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Prince Harry among headliners at Obama Foundation summit

Chicago, United States | AFP | Former US president Barack Obama and first lady Michelle are planning a star-studded gathering at the end of October, in their ongoing post-White House effort to support future leaders. Prince Harry, Gloria Estefan, and Chance the Rapper are among the names attending the two-day Chicago …

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Trump administration rejects World Bank capital increase

Washington, United States | AFP | The Trump administration on Friday rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission. Treasury Secretary Steven Mnuchin said the huge Washington-based institution is inefficient and can be more effective in the nearly $60 …

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UN chief hopes Iran nuclear deal will survive

United Nations, United States | AFP | UN Secretary-General Antonio Guterres “very much hopes” the nuclear deal with Iran can be salvaged, a spokesman said Friday, as President Donald Trump was set to de-certify the 2015 agreement. UN spokesman Stephane Dujarric said Guterres considers the deal to be a “very important …

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NATO warns N.Korea military action would have ‘devastating consequences’

Brussels, Belgium | AFP | Military intervention against North Korea would have “devastating consequences”, NATO chief Jens Stoltenberg warned Friday, after US President Donald Trump said diplomatic efforts had failed. Tensions over North Korea’s weapons programmes have soared in recent months, with Pyongyang launching a flurry of missiles and conducting its …

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Nobel peace laureates denounce Trump’s Iran move

Geneva, Switzerland | AFP | The nuclear weapons disarmament campaigners awarded this year’s Nobel Peace Prize denounced US President Donald Trump’s decision on Friday to decertify the Iran nuclear deal, saying it makes proliferation more likely. “President Trump’s rejection of the JCPOA is an incitement to proliferation, makes achieving further agreements …

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