Saudi Arabia

As the Muhammadu Buhari eight-year reign ends on 29 May, Nigerians continue to reflect on the various challenges faced in the petroleum sector and how it affected their livelihood.

During the electioneering period in 2015, Mr Buhari and his party, the All Progressives Congress (APC), criticised the incumbent government of Goodluck Jonathan for failing to solve the country’s unending petroleum sector crises.

Anyone who has never worried or thought about the future of the US must be doing so following the revelations of the January 6 panel on the US Capitol riots, which so far reveal what has been an attempted political coup. Something of course which the US has condemned in the ‘s-hole’ countries as Trump had described some countries of the world. And why should we be concerned about what is happening in the US? For one, the US still has a commanding position in the world, and whenever it sneezes many countries catch a cold.

Anyone who has never worried or thought about the future of the US must be doing so following the revelations of the January 6 panel on the US Capitol riots, which so far reveal what has been an attempted political coup. Something of course which the US has condemned in the ‘s-hole’ countries as Trump had described some countries of the world. And why should we be concerned about what is happening in the US? For one, the US still has a commanding position in the world, and whenever it sneezes many countries catch a cold.

French police Tuesday arrested a Saudi man suspected of involvement in the murder of journalist Jamal Khashoggi.

French law enforcement sources told Reuters that the suspect, Khalid Al-Otaibi, was arrested at Charles de Gaulle airport in Paris as he was about to board a flight to Saudi Capital, Riyadh.

He is believed to be one of the 26 Saudis wanted by Turkey over the 2018 killing.

Dar es Salaam. The government is considering several options, including building massive storage capacity for oil reserves in an effort to cushion the country from frequent fuel price rises.

“That (boosting reserves capacity) is being considered,” Energy Minister January Makamba told The Citizen yesterday.

He was responding to calls by some analysts who said Tanzania, as an oil importing country, needs a massive storage capacity that would help prices to remain affordable at a time when global prices are rising.

Jamaicans are being told to brace for continued high prices at the pumps as the Organisation of Petroleum Exporting Countries (OPEC) and its allied oil-producing countries decided Thursday to maintain the amount of oil they pump to the world even as the new Omicron variant casts a shadow of uncertainty over the global economic recovery from the novel coronavirus pandemic.

PART THREE

Biden-Rice rules of the “ceasefire” con game The tactical approach to achieve the strategic goals is:

1) Give lip service to African Union mediation between the Government of Ethiopia and the terrorist TPLF.

2) Buy off African leaders to apply pressure on Ethiopia.

3) Use the AU as a weapon to pressure Ethiopia.

4) Seek observer and facilitator status during the ceasefire negotiations.

5) Offer to underwrite the entire negotiation process by pledging to commit funds.

Ceasefire is easier said than done

Naira gained significantly against the U.S dollar at the official market on Thursday, after the local currency experienced a profound fall against the hard currency in the previous session Wednesday.

Data from FMDQ securities exchange window, also known as the Investor and Exporters (I&E) window where forex is officially traded showed naira which opened at N413.71 closed at N413. 38 per $1.

Deputy Premier Dr. Natalio “Sowande” Wheatley, H. Lavity Stoutt Community College President Dr. Richard Georges, and 33 other Virgin Islands residents were among the signatories of an Aug. 30 petition urging the United Kingdom to pressure the United States to lift its economic embargo against Cuba in part to facilitate humanitarian aid during the pandemic.

The UK Foreign, Commonwealth, and Development Office responded eight days later, largely agreeing with the petitioners and saying that the UK has been pressuring the US for years to do exactly that.