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Pro-European Lohannis Re-Elected As Romanian President

November 24, 2019 4:48 pm

Incumbent Klaus Iohannis won the second round of Romanian presidential polls on Sunday, according to exit polls, a result that would confirm the pro-European trajectory of the eastern EU member state.

Thirty years after the fall of communism, the centre-right former physics professor won between 64.8 and 66.5 percent of the vote, exit polls showed, beating Social Democrats (PSD) leader and former prime minister Viorica Dancila.

Dancila received between 33.5 and 35.2 percent, the worst-ever result for the PSD, which has dominated Romanian politics since the fall of communism in 1989.

“I promise to be a president for all Romanians… …

Lagarde Assumes Duty as European Central Bank President

Lagarde Assumes Duty as European Central Bank President

November 1, 2019 1:34 pm

A new era was beginning at the European Central Bank (ECB) on Friday as Christine Lagarde takes over from Mario Draghi at the head of the central bank managing the euro, the currency of the 19-member eurozone.

Lagarde, 63-year-old, succeeds the Italian Draghi, who was in the post for eight years and guided the European Central Bank (ECB) through the aftermath of the global financial crisis.

Ahead of taking office, the former French finance minister expressed her approval for the continuation of the monetary policy pursued by the ECB under Draghi, with ultra-low and negative interest rates, along with asset …

Juventus Seek €300m Boost To Keep Up With European Rivals

Juventus Seek €300m Boost To Keep Up With European Rivals

October 24, 2019 10:31 am

Juventus president Andrea Agnelli on Thursday asked the club’s shareholders to approve a 300 million euro ($333 million) capital increase to help expand the Italian club’s global ambitions.

Despite losses of 39.9 million euros ($44m) last season, Agnelli asked shareholders for major investment as part of a five-year plan to keep pace with European rivals such as Real Madrid, Barcelona and Manchester United.

“Today, we ask you, the Shareholders to approve a 300 million capital increase for our 2019/2024 development plan,” Agnelli said at the club’s Allianz Stadium in Turin.

“The objective of this capital increase is the future development …

Breaking: European Parliament invites Kanu for discussion

Breaking: European Parliament invites Kanu for discussion

September 5, 2019 8:59 pm

The European Parliament has has invited the leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu to discuss the Biafra’s agitation being pursued by the organisation, and the way forward for Biafra, Africa Daily News, New York gathered.

The leader of the organisation, Mazi Nnamdi Kanu happily accepted, and confirmed the invitation via his verified Facebook page@Mazi Nnamdi Kanu .

Read Also: Biafra’s agitation, and certainty of actualisation by IPOB

“I have graciously accepted the invitation of a few members of the European Parliament to address the burning issue of IPOB agitation and what …

Lagarde resigns from IMF, moves to European Central Bank

Lagarde resigns from IMF, moves to European Central Bank

July 3, 2019 12:23 am

International Monetary Fund (IMF) Managing Director Ms. Christine Lagarde yesterday resigned from the Fund to head European Central Bank.

In a statement, she said: “I am honored to have been nominated for the Presidency of the European Central Bank. In light of this, and in consultation with the Ethics Committee of the IMF Executive Board, I have decided to temporarily relinquish my responsibilities as Managing Director of the IMF during the nomination period.”

Read Also: IMF congratulates Emefiele on reappointment as CBN Governor

The European Council officially nominated her for the position. She would succeed by Mario Draghi.

Ms. Lagarde, …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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