August 2025
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Economic and financial analysts are warning that President Donald Trump’s attempt to fire Federal Reserve governor Lisa Cook risks undermining the central bank’s independence — something that could ultimately put U.S. households’ finances at risk. Late Monday, Trump moved to fire Cook over allegations of mortgage fraud. He cited a “criminal referral” from Federal Housing Finance Agency…
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Senior Chinese trade negotiator Li Chenggang is expected to travel to Washington this week to meet U.S. officials, a United States government spokesperson confirmed. Li, China’s international trade representative and a key negotiator alongside economy tsar He Lifeng, may meet deputy-level U.S. government officials, the spokesperson said, adding that the visit was not part of…
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President Donald Trump on Monday moved to relieve Lisa Cook from her position as governor on the Federal Reserve Board. Trump informed Cook of his decision in a letter dated Monday. “You are hereby removed from your position on the Board of Governors of the Federal Reserve, effective immediately,” he wrote. Cook said last week she wouldn’t leave…
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Commerce Secretary Howard Lutnick said Tuesday that Pentagon officials are “thinking about” whether the U.S. government should acquire equity stakes in top defense contractors. President Donald Trump late last week announced that the government will take a 10% equity stake in chipmaker Intel. Appearing Tuesday on CNBC’s “Squawk Box,” Lutnick was asked whether the Trump administration would consider…
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The federal government over the weekend asked a judge in Miami to put on hold her ruling ordering the winding down of an immigration detention center built by the state of Florida in the Everglades wilderness and nicknamed “Alligator Alcatraz,” pending an appeal of her decision. Attorneys for the Department of Homeland Security said in…
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The U.S. government could take stakes in other companies after doing so with chipmaker Intel, Donald Trump’s top economic adviser Kevin Hassett said Monday — with the president himself expressing hope to have more cases like it. Hassett, director of the National Economic Council, cited Trump’s plans for a sovereign wealth fund in a CNBC…
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In psychotherapy, one of the cardinal rules is simple: It’s better to talk than not to talk. Dialogue opens channels for understanding, and more often than not, solutions follow. President Donald J. Trump has applied this principle to global diplomacy with remarkable success. Nowhere is this clearer than in the ongoing crisis in Ukraine. For…
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Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday (Aug 25), capping a grim reversal of fortune for the once-booming property developer. A committee at the bourse had decided earlier this month to cancel Evergrande’s listing after it failed to meet a July deadline to resume trading – suspended…
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Bangladesh has no scope to allocate more resources for its 1.3 million Rohingya refugees, Chief Adviser Muhammad Yunus said on Monday (Aug 25), urging the international community to find a sustainable solution to the crisis. Children make up half the 1.3 million Rohingya refugees now living in Bangladesh, most of whom fled a brutal 2017…
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Hundreds of Indonesians took to the streets on Monday (Aug 25) to protest perks such as new and increased monthly allowances for Members of Parliament (MPs) at a time of economic uncertainty and government austerity measures. A new monthly housing allowance of 50 million rupiah (US$3,075) for MPs is almost 10 times the minimum wage…
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The Peoples Democratic Party has zoned its 2027 presidential ticket to the South. PDP National Publicity Secretary, Debo Ologunagba, disclosed this while addressing journalists shortly after the National Executive Committee, NEC meeting of the party. According to Debo, the decision followed the presentation of a report by the Zoning Committee chaired by Bayelsa State Governor,…
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The Renewed Hope Initiative, RHI, the programme of the wife of the President, Senator Oluremi Tinubu, has empowered 500 women across the 20 local government areas of Ogun State. Speaking at the presentation of empowerment items at the Presidential Lodge, Ibara, Abeokuta, the First Lady stressed that no woman should be left behind in the…
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The Academic Staff Union of Universities, ASUU, says it is mobilizing its members across the country for a nationwide rally scheduled for Tuesday, August 26, 2025. At a press conference held at the Federal University of Oye-Ekiti on Monday, the Zonal Coordinator, Adeola Oyebisi Egbedokun, said the move was part of the union’s efforts to…
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Arsenal winger, Bukayo Saka, will be out for the next four weeks with a hamstring problem. Saka limped off during the second half of the Gunners’ 5-0 victory over Leeds United on Saturday. Although the injury is not as bad as first feared, he will miss several key fixtures for club and country. Saka had…
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Good morning from MEZIESBLOG! Here is today’s summary from Nigerian newspapers: 1. Benue State House of Assembly has elected Hon. Berg Afled Emberga, representing Makurdi North Constituency, as its new Speaker. Emberga replaced Hon. Aondona Dajoh, who resigned on Sunday afternoon amid a week-long leadership crisis that rocked the Assembly. 2. The troops of 6 Division,…
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The Peoples Democratic Party, PDP has appointed Iliya Damagum as the substantive National Chairman of the Party. This comes as the party holds her 102nd National Executive Council, NEC meeting on Monday. Details shortly….
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