It rained eight hours’ worth in the eastern region of Valencia on Tuesday, destroying bridges and buildings in the area. The water caused havoc by carrying away cars, derailed a train and rose several feet into the lower levels of homes.Locals described seeing people clambering onto the roofs of their cars as a churning tide...
Category: Business and Economy
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TSUNEHISA KATSUMATA DIES AT 84, TRIALS STILL PENDING
Tokyo Electric Power Company Holdings’ former chairperson, who led the emergency response after a meltdown at its Fukushima Daiichi nuclear plant and was accused of being responsible for failing to prevent the disaster as top management, has died, with his trials still pending. He was 84.Associated Press reported that Tsunehisa Katsumata died on Oct. 21, TEPCO said...
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INDIA AND CHINA IMPLEMENT NEW BORDER AGREEMENT, ENDS STAND-OFF
India and China have begun implementing an agreement to end a military standoff on their disputed Himalayan border, the two sides said on Friday, in the biggest thaw between the Asian giants since deadly clashes between their armies four years ago.Troops who were eyeball-to-eyeball at two points on the frontier in India’s Ladakh region in...
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PUTIN UNVEILS BRICS CURRENCY, THE BACK OF THE BANK NOTE CARRIES NIGERIA FLAG AND THAT Of OTHER NATIONS
Russian President Vladimir Putin unveiled a common currency that will replace the US dollar in trade between the two countries during the BRICS summit in Kazan. The new currency is called the BRICS, using the name of the summit.The new currency, designed to strengthen economic exchanges and reduce dependence on the dollar has the banknote...
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UN CELEBRATE 79 YEARS OF GLOBAL COMMITMENT TO PEACE, UNITY, COOPERATION AND SUSTAINABLE DEVELOPMENT FOR A BETTER WORLD.
“On this day in 1945, at UN was officially established, marking the start of a global effort for peace, security, and cooperation. Today, we commemorate 79 years of progress and unity, dedicated to building a better future for all!”
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BOEING FACTORY WORKERS REJECT CONTRACT, CONTINUE SIX WEEKS STRIKE
Boeing factory workers voted Wednesday to reject the company’s latest contract offer and to continue a six-week strike that has halted production of the aerospace giant’s bestselling jetliners.Local union leaders in Seattle said 64% of members of the International Association of Machinists and Aerospace Workers who cast ballots voted against accepting the proposal.“After 10 years...
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RUSSIA INVESTIGATES CLAIM OF CARGO JET SHOT DOWN IN SUDAN’S DARFUR REGION
Sudan’s paramilitary Rapid Support Forces said Monday they shot down a cargo jet in the country’s far western reaches of Darfur, a claim that Russian diplomats said they were trying to investigate in the war zone.Mobile phone footage showed what appeared to be a debris field with fighters from the paramilitary force, known as the...
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DANGOTE REFUTE ALLEGATIONS OF FILING FRESH LAWSUIT AGAINST NNPCL AND OTHERS
Against the news circulating on the social media that Dangote Petroleum Refinery and Petrochemicals has filed a lawsuit at the Federal High Court in Abuja requesting the annulment of import licenses granted to the Nigerian National Petroleum Company Limited (NNPCL) and others, the group has refuted the allegations.In a press statement released, Dangote affirmed that...