Nigerians vote for new president in tight election race

1 month ago Kalkine Media

Nigerians voted on Saturday for a successor to President Muhammadu Buhari in a tightly fought race, with three frontrunners for the first time in the country's modern history. He faces a familiar rival -- PDP candidate and former vice president Atiku Abubakar, 76, who is on his sixth bid for the top job. "It's a very important election cause we need a total change," said fashion designer Titus Ojewale, 61, voting in the popular Lagos district, Yaba. In 2019, hours before polls opened, INEC postponed the election by a week because of problems delivering election materials. Around 400,000 police and troops will be deployed around the country to protect the vote.
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Fake 'fact-checks' seek to obscure Russian role in war

The battered nine-story building came to epitomize one of the deadliest single attacks in Ukraine since the Russian invasion. - 'Effective tool' -"War On Fakes," whose Telegram channel has hundreds of thousands of subscribers, calls itself "objective" and "unbiased" and claims to combat the "information war launched against Russia." "Fake fact-checks risk undermining trust in credible media and legitimate fact-checking institutions," Madeline Roache, from the watchdog NewsGuard, told AFP. "War on Fakes" often publishes a series of fact-checks about the same topic, sometimes with multiple and conflicting statements that overwhelm readers. It publishes "so many false claims that the fact-checks often contradict each other," said the US-based Poynter Institute.

1 month ago Kalkine Media

LATAM POLITICS TODAY-Brazil's Lula calls on French president to attend Amazon summit - Kalkine Media

Lula talked about the importance of France attending the summit as it is the only European country to share the biome, through its overseas territory of French Guiana. At a summit in Argentina earlier this week, Honduran President Xiomara Castro called Boluarte's ascension to power a coup. Ecuador calls illegal mining a national security threatQUITO - Ecuador's government declared illegal mining a national security threat, saying it has connections to money laundering and arms trafficking, and stressing it will take actions to combat it. President Guillermo Lasso is looking to tamp down growing illegal mining activity in various places around the South American country, especially in the Amazon, where there are large reserves of gold and copper. The government will back international companies that have legal concessions and the armed forces will help control areas with security threats, said Security Secretary Diego Ordonez.

2 months ago Kalkine Media

LIVE MARKETS-When meeting expectations isn't enough

You can share your thoughts with us atWHEN MEETING EXPECTATIONS ISN'T ENOUGH (0704 GMT)It was billed as one of the most important data points for makets that were desperate for signs on whether U.S. inflation is steadily retreating. That sent the S&P down but the Nasdaq index ended up, while two-year Treasury yields rose to 3.799, the highest since January. Officials said the U.S. central bank would need to keep gradually raising interest rates to beat inflation. After the inflation data, traders of interest rate futures now see the Fed raising borrowing costs three more times, bringing the policy rate to the 5.25%-5.50% range by July, if not June. Key developments that could influence markets on Wednesday:European economic data: UK Jan CPIU.S. economic data: Retail salesU.S. results: Cisco, Kraft HeinzSpeakers: ECB President Christine Lagarde takes part in a plenary debate on the ECB Annual Report 2022 in parliament(Anshuman Daga)*****

1 month ago Kalkine Media

UPDATE 5-Ransomware attack on data firm ION could take days to fix -sources

ION Group, the financial data firm's parent company, said in a statement on its website that the attack began on Tuesday. "The incident is contained to a specific environment, all the affected servers are disconnected, and remediation of services is ongoing," ION Group said, declining requests for further comment. ABN told clients on Wednesday that due to "technical disruption" from ION, some applications were unavailable and were expected to remain so for a "number of days". Intesa Sanpaolo told clients that its brokerage and clearing operations on exchange-traded derivatives had been "severely hampered" by IT problems at ION and that it was not able to handle orders. Lockbit said it would publish stolen data on Feb. 4 if ION Group failed to pay a ransom, a screenshot of the group's blog on the dark web on darkfeed.io, a website which tracks ransomware groups, showed.

1 month ago Kalkine Media

LIVE MARKETS-Energy uplift for the STOXX

*STOXX 600 up 0.3%*Oil leads gainers*Eyes on Powell speech*U.S. stock futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. Oil & gas is the biggest sectoral gainer, up 1.4%, while tech dips slightly, weighed down by double-digit drops in ams-Osram and Nordic Semi after disappointing results. UK oil major BP reported a record profit of $28 billion in 2022 and as increased its dividend by 10% in a sign of confidence in the market's continued strength. Downbeat numbers in tech with traders pointing to ams-Osram and Nordic Semiconductor missing revenue forecast and quarterly core profit estimates respectively. Google owner Alphabet unveiled a rival to super popular ChatGPT, saying it will launch a chatbot service named 'Bard'.

1 month ago Kalkine Media

Lukaku fires Inter past Porto to boost Champions League hopes

Romelu Lukaku boosted Inter Milan's chances of reaching the Champions League quarter finals for the first time in over a decade after scoring the only goal in Wednesday's 1-0 win over Porto. Belgium forward Lukaku struck with four minutes remaining of the first leg at the San Siro on the rebound from his own header to decide an absorbing encounter at the San Siro. Simone Inzaghi's side travel to Portugal next month to decide who will go through to the last eight with a slight advantage thanks to Lukaku's second goal in as many games in all competitions. "I put everything into that goal," Lukaku told Amazon Prime. "We were daring and had two clear occasions to score," Porto captain Pepe told Eleven Sports.

1 month ago Kalkine Media

AFP 0100 GMT News Advisory

600 words moved by Frankie Taggart. 450 words moved. 550 words moved. 500 words moved by Sonia Avalos. 350 words moved.

3 months ago Kalkine Media

UPDATE 3-U.S. imposes sanctions on three North Korea officials after ICBM test

(Adds analyst, NSC spokesperson)By David Brunnstrom and Steve HollandWASHINGTON, Dec 1 (Reuters) - The United States on Thursday imposed sanctions on three senior North Korean officials connected to the country's weapons programs after Pyongyang's latest and largest intercontinental ballistic missile test last month. The latest sanctions follow a Nov. 18 ICBM test by North Korea, part of a record-breaking spate of more than 60 missile launches this year, and amid concerns that it may be about to resume nuclear bomb testing suspended since 2017. The sanctions freeze any U.S.-based assets of the individuals and bar dealings with them, but appear largely symbolic. "Targeting senior officials inside North Korea responsible for WMD and missile activities and working with South Korea and Japan are important, but it is an inadequate and symbolic response to 60+ missile tests, including 8 ICBM tests," said Anthony Ruggiero, who headed North Korea sanctions efforts under former President Donald Trump. U.S. National Security Advisor Jake Sullivan said earlier Washington was committed to using pressure and diplomacy to entice North Korea into giving up its nuclear arsenal.

3 months ago Kalkine Media

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