Economy
Friday 19 April 2024
-
“Nigeria is safe… It’s one of the safest countries in the world… [r]elatively safer [compared to South Africa and the United States], because I am in Abuja now, I’m safe. I go to my town, I’m safe. I go to Lagos, I’m safe.”
The Global Terrorism Index ranks Nigeria eighth among the ten countries most impacted by terrorism, while, according to the Global Organized Crime Index, Nigeria has the world’s sixth highest criminality rate, far worse than the U.S., which is ranked 67th. -
“The US gov’t is stunned that Niger is kicking the US military out of the country. Officials from AFRICOM and Rep. Matt Gaetz (FL) express alarm that without the airbase in Niger, the U.S. will not be able to assert its ‘interests’ in Africa.”
U.S. officials say that the United States is continuing talks with Nigerien officials, has not withdrawn any of U.S. military personnel from Niger and does not rule out a continued U.S. military presence there. -
“Thanks to Russian security support, ‘Peace returns to the Central African Republic.”
Hostilities in Central African Republic (CAR) are ongoing, with some 10,000 children fighting in armed conflicts among various rebel groups. Russia’s involvement with CAR’s leadership is replete with corruption, misappropriation of natural resources, mass violence and human rights abuses. -
“I am among the first speakers to be banned from traveling to the Western countries because I do not believe in homosexuality,” she said.
Source: Uganda Parliament ,12, 2024The U.S. and U.K. imposed travel ban on Ugandan officials involved in violating human rights and undermining democracy. Ugandan rights activists also accuse Among of gross corruption. -
“…the U.S. has never found any evidence of TikTok posing a threat to the U.S.’ national security…”
ByteDance may be using the app to collect data on Americans and pass it on to the Chinese government. The app’s algorithms also are capable of influencing public opinion in the United States, where the platform has about 170 million users. -
“Free supplies of Russian grain to Burkina Faso, Zimbabwe, Mali, Somalia, Eritrea, and the Central African Republic have made a significant contribution to the fight against hunger in Africa.”
The claim that Russia's 200,000 tons of grain would significantly contribute to fighting hunger in Africa is misleading because of the scope of the hunger problem and because Moscow has worsened the problem by backing out of the Black Sea grain deal. -
''In the case of Binance, In the last year, 26 billion dollars has passed through Binance Nigeria from sources and users who we cannot adequately identify.''
Nigeria’s Central Bank is capable of tracking illicit financial transaction but isn’t doing so because of corruption. -
"The pride of Russia is our Nobel laureates - Sechenov, Butlerov, Kantorovich, and many others."
Ivan Sechenov and Alexander Butlerov did not receive the Nobel Prize, and Leonid Kantorovich received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. -
“After delivering the first home-grown large cruise ship Adora Magic City, China has the ability to build all types of maritime ship products.”
Source: Global Times X account, Feb 13, 2024The Adora Magic City is heavily reliant on foreign technology. According to the cruise’s chief designer, only 30% of the ship was built by domestic suppliers, while the rest was sourced from Europe. -
"An EU army?... For what, then, must each NATO country (read EU) pay colossal sums to the ‘common till‘(but, in fact, to Washington), which, as declared, go to ensure their security?"
NATO's common budget is governed by its member countries’ collective decisions and serves the interests of the alliance as a whole. -
“The Cooperative Republic of Guyana recklessly violates international law, taking actions that exacerbate the territorial dispute and add to its illegal conduct of granting oil exploitation rights to Exxon Mobil over a sea area pending delimitation with Venezuela.”
Venezuela disregards the World Court and signals it could use force to settle Essequibo territorial dispute. -
“It's widely known that the U.S. firm's credit rating on China and Chinese companies are politically biased.”
Moody's downgraded China’s credit rating based on an in-depth evaluation of its financial health, economic conditions and risks.