rises

India Death Toll Rises In Clashes Over Citizenship Law

Six more protesters died in India Friday in fresh clashes between police and demonstrators, taking the death toll to 15 in more than a week of unrest triggered by a citizenship law seen as anti-Muslim.

The law — which makes it easier for persecuted minorities from three neighbouring countries to gain citizenship, but not if they are Muslim — has stoked fears Prime Minister Narendra Modi wants to remould the world’s biggest democracy India as a Hindu nation, which he denies.

The latest deaths, in northern Uttar Pradesh where almost 20 percent of the state’s 200-million population are Muslim, …

New Zealand Eruption Death Toll Rises To 18

The death toll from New Zealand’s White Island volcano eruption rose to 18 Sunday, including two people whose bodies have not been recovered, police said.

A land search early Sunday failed to find any sign of the missing pair and divers returned to the sea in the afternoon amid increasing speculation both could be in the water.

Deputy police commissioner Mike Clement said there was “every chance” the bodies had been washed into the sea from the stream where they were last seen Monday.

He added that searchers were “satisfied that the area we searched near the jetty is …

Deaths In Migrant Boat Sinking Off Mauritania Rises To 63

Five more bodies have been recovered after a boat carrying migrants sank off the coast of Mauritania this week, raising the death toll to 63, a security official said on Friday.

The boat bound for Spain capsized on Wednesday with up to 180 people aboard.

The search was still ongoing for missing people off the Mauritanian city of Nouadhibou, the source told Mauritania’s state news agency AMI.

At least 20 people are thought to be unaccounted for.

Initially, authorities in the West African country said at least 58 people had died in the incident and 85 survived.

Global Passenger Traffic Rises By 3.4% Ahead Of Peak Season

The International Air Transport Association (IATA) yesterday announced global passenger traffic data for October 2019, showing that demand climbed 3.4 per cent compared to the year-ago period. This was a modest slowdown from 3.9 percent growth recorded in September, owing to softer traffic performance in domestic markets. October capacity increased by 2.2 per cent and load factor climbed 0.9 percentage point to 82.0 per cent, which was a record for October.

IATA’s Director General and Chief Executive Officer (CEO), Alexandre de Juniac, noted that traffic growth continued to be depressed compared to historical long-term growth levels, reflecting continued moderating …

Pressure Rises On Malta PM To Resign Over Slain Reporter

Malta’s Prime Minister Joseph Muscat came under increasing pressure to resign on Friday as protesters cried foul over the latest twist in the case of slain investigative journalist Daphne Caruana Galizia.

The escalating murder investigation has rocked the tiny Mediterranean island and reached the highest rungs of the country’s politics, with two ministers and Muscat’s chief of staff Keith Schembri stepping down from their posts this week.

Thousands of demonstrators took to the streets of the capital Valletta after Muscat refused to give immunity to the main suspect in the 2017 murder, tycoon Yorgen Fenech, to disclose what he knows …

Man City’s Revenue Rises To £535 Million

Manchester City’s on-field success saw the club’s revenues swell to £535 million ($692 million) last season as the Premier League champions posted a profit for the fifth straight year.

A 20 percent surge in broadcast revenue saw City’s income rise from £500.5 million in the 2017/18 season.

Pep Guardiola’s men completed an unprecedented quadruple of England’s domestic trophies by winning the Premier League, FA Cup, League Cup and Community Shield.

The sale of a host of players unable to break into the first team helped boost profits to £10.1 million.

Prior to Sheikh Mansour’s takeover of City in 2008, the …

Inflation

Nigeria’s Inflation Rises To 11.61%

National Bureau of Statistics (NBS) yesterday, said that inflation rose by 11.61 per cent (year-on-year) in October 2019 from 11.24 per cent recorded in September, 2019 with major increases recorded in food. On a year-on-year basis, the composite food index rose by 14.09 per cent in October 2019 compared to 13.51 per cent in September 2019. 

“This rise in the food index was caused by increases in prices of meat, oils and fats, bread and cereals, potatoes, yam and other tubers, fish and vegetables. On a month-on-month basis, the food sub-index increased by 1.33 per cent in October 2019, up …

Hope Rises for Akpabio as A’Court Orders Rerun Election

The Court of Appeal sitting in Calabar, Cross River State has annulled the election of Senator Christopher Ekpenyong of the Peoples Democratic Party, PDP, who until the judgment represented Akwa Ibom Northwest Senatorial District and ordered a rerun within 90 days.

In the same breath, the Court of Appeal in Lagos, yesterday, dismissed an appeal filed by the Labour Party (LP) challenging the judgment of the Governorship Election Petition Tribunal that affirmed the election of Mr. Babajide Sanwo-Olu as the Governor of Lagos State.

However, with the recent development in the Senate, the balance of power has shifted significantly, decimating …

Onitsha Fire: Death Toll Rises To 6; Six Plazas, 100 Shops

Onitsha Fire: Death Toll Rises To 6; Six Plazas, 100 Shops

The death toll from the Onitsha fuel tanker fire has increased to six, as three more corpses were recovered from one of the shops razed in Wednesday’s conflagration in Anambra’s commercial capital.

This brings the total number of dead persons in the inferno to six, including a pregnant woman and her child, and a man who died yesterday.

Also destroyed by the fire were six plazas, 100 shops and residential houses worth over ₦1 billion.

The President of Ochanja Central Market, Chief Nelson Ojukwu, and a patron of the market, Mr. Ifeanyi Iloka, said the fire lasted all night till …

British Pound Rises On Brexit Draft Deal

British Pound Rises On Brexit Draft Deal

Pound soared Thursday to within a whisker of $1.30, striking five-month peaks after the European Union reached a draft Brexit withdrawal deal with London.

The pound quickly rose more than one percent to $1.2990 before profit-taking set in. The euro slid to 85.76 pence as the news flashed across traders’ screens.

The British capital’s benchmark FTSE 100 shares index meanwhile accelerated gains to stand 0.6 percent higher compared with Wednesday’s closing level.

British Prime Minister Boris Johnson will still have to take the accord to a sceptical UK parliament for its backing on Saturday.

It is unclear how many of …

Danger Looms; Nigeria’s Debt Stock Rises To ₦25.7 trillion

Danger Looms; Nigeria’s Debt Stock Rises To ₦25.7 trillion

The nation’s debt profile rose from ₦24.95 trillion to ₦25.7 trillion in the last three months. One year ago, it was ₦22.38 trillion.

The development showed that between April and June, the country’s obligations rose by ₦750 billion, and increased by ₦3.32 trillion when compared with the debt figures as of June 30, 2018.

Government has, so far, paid more than ₦800 billion in servicing the multiple obligations, which cut across domestic and foreign deals in the first half of 2019.

Total domestic debts stood at ₦17.38 trillion, with the Federal Government having more than three-quarters of the stockpile. These …

Wall Street Rises On Hopes Of U.S - China Trade Deal

Wall Street Rises On Hopes Of U.S – China Trade Deal

U.S. stocks rose in early afternoon trading on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple’s shares lifted the technology sector.

Wall Street’s main indexes moved higher after President Donald Trump tweeted he would meet Chinese Vice Premier Liu He on Friday for further trade talks.

“The tweet … is giving market participants a reason to believe that perhaps a trade deal or at least a partial deal might be announced as early as tomorrow,” said Robert Pavlik, chief investment strategist at SlateStone Wealth LLC in New York.…