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Africa, Asia lead global housing shortage as urban slum population surges, UN Warns

Frank Okon Africa and Asia are at the center of the global housing crisis as rapid urbanization, rising inequality, and the growing expansion of slums continue to outpace infrastructure and housing development, the United Nations has warned. According to UN…

Business Economy Environment International News

Climate shocks disrupting food production, healthcare and water supply across globe, WMO Warns

Ziggy Ojiegbe Climate shocks are increasingly disrupting food production, straining healthcare systems, worsening water shortages and displacing vulnerable communities across the globe as extreme weather events grow more severe and frequent, the World Meteorological Organization has warned. The warning came…

Ebola, Hantavirus outbreaks dominate agenda as WHO opens 79th World Health Assembly

Frank Okon Ebola outbreaks in Central Africa and a cross-border hantavirus emergency aboard a cruise ship have dominated the opening of the 79th session of the World Health Organization World Health Assembly in Geneva, amid growing concerns over global disease…

Bitcoin rush grows over alarming $39trn U.S debt crisis

  United States government’s towering debt burden is once again rattling global financial markets, reviving fears about the long-term stability of the US dollar and fueling a fresh wave of speculation that bitcoin and gold could emerge as the biggest…

Global market has lost 880mb of oil ‘forever,’ says Saudi Aramco

Saudi Aramco has issued one of the starkest warnings yet about the state of the global energy market, declaring that nearly 880 million barrels of liquid hydrocarbons have effectively vanished from global supply chains as the Strait of Hormuz crisis…

Botswana, Tanzania, Nigeria initiate retaliatory action against South Africa over worsening xenophobic attacks

  Amid ongoing anti-immigration protests and violent xenophobic attacks against African migrants residing in South Africa, the governments of Tanzania, Botswana and Nigeria have initiated process of retaliatory action on South Africa and its businesses located in their countries. It…

Project Freedom: Oil prices surge, equity markets sink on Hormuz clashes

Frank Okon The confrontation between United States and Iran over the control of the Strait of Hormuz rattled the global commodity and equity markets on Monday when Iran claimed it hit a US warship, raising fears that bombs would soon…

From Epic Fury to Project Freedom: U.S. pushes back Iran in the Strait of Hormuz

Full Story: Oracle reporters, with agency reports A fragile calm in the Strait of Hormuz gave way to renewed confrontation this week as U.S. forces engaged and repelled a wave of Iranian attacks, marking a sharp escalation around one of…

Conflicts and Wars Defence International News Maritime Security

US forces move to reopen Strait of Hormuz, Iran fires at ships, UAE

Ziggy Ojiegbe The United States military said Monday it engaged Iranian forces and sank six small boats as it moved to reopen the Strait of Hormuz, a vital artery for global energy shipments, amid renewed tensions with Tehran. The operation…

Study links long-term cannabis use to brain changes, reduced motivation

Frank Okon Long-term cannabis use may alter brain structure and affect motivation and decision-making, according to new research presented at a major European psychiatry conference. The study, conducted by scientists at the Fidmag Germanes Hospitalàries Research Foundation, found that prolonged…