Over the past five years, African billionaires have seen their wealth soar by 56% LAGOS: The four richest Africans are wealthier than about half of the continent’s 750 million people, anti-poverty charity Oxfam said in a report published on Thursday, warning widening inequality was hampering democracy. Oxfam named only Nigerian billionaire Aliko Dangote, the continent’s…
Kerr County suffered the most damage with at least 95 fatalities including 36 children; death toll rises to 119 HUNT: The Texas flash floods death toll rose to 119 on Wednesday, as worries grew that the figure could more than double with over 160 people still reported missing. Workers in central Texas continued to comb…
GENEVA: The purchase of physical assets was eclipsed last year by a surge in investment in intangible items like software, data and AI, the UN said on Wednesday, describing a “fundamental shift in how economies grow and compete”. Investment in intellectual property-backed assets grew three times faster in 2024 than investments in physical objects like…
• President signs Virtual Assets Ordinance to establish PVARA• Official statement causes confusion by terming ordinance an ‘act of parliament’• Companies must be licensed by authority to offer virtual asset services ISLAMABAD: The government announced on Wednesday that President Zardari had approved the ‘Virtual Assets Ordinance, 2025’ to establish an independent regulator for virtual assets…
Indian election officials have given voters in Bihar state just weeks to prove their citizenship, requiring documents that few possess in a registration revamp set to be applied nationwide, triggering disenfranchisement fears. The Election Commission of India (ECI) announced the revision of the voter rolls in June ahead of upcoming polls in the eastern state….
The principal and attendant of a school in India were arrested, while four teachers and two trustees were taken into custody for allegedly stripping around 10 girls to check if they were menstruating, Indian Express reported on Thursday. In a statement released on Wednesday, police said that school staff informed the teachers and principal of bloodstains in…
Price of a tola of 24-karat silver increases to Rs3,851 A day after a big decline, the price of gold in Pakistan and globally witnessed a massive increase on Thursday. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola saw a significant hike of Rs3,200 on Thursday…
Beverley Morris flushes her toilet using a bucket because of low water pressure When Beverly Morris retired in 2016, she thought she had found her dream home – a peaceful stretch of rural Georgia, surrounded by trees and quiet. Today, it’s anything but. Just 400 yards (366m) from her front porch in Fayette County sits…
Gugu used to collect her antiretrovirals from a USAID-funded clinic in downtown Johannesburg. But when President Trump’s cuts to aid funding were announced earlier this year, she and thousands of other HIV-positive patients across South Africa suddenly faced an uncertain future. Gugu was lucky, the clinic where she got the medication that helps suppress her…
Paris St-Germain look like a team building a dynasty after Luis Enrique’s side dismantled yet another European giant – this time Real Madrid 4-0 – to reach the Club World Cup final. The French side bashed Inter Milan 5-0 five and a half weeks ago in the Champions League final – and they are showing few signs…
