Macron says ‘social media is damaging our democracies’
President Emmanuel Macron said on Monday that social media was "damaging our democracies" as France struggled to contain weeks of protests marked by street violence and looting.
China’s loans to African countries have no political strings— Chu Maoming
China’s Consul-General in Lagos, Chu Maoming, has dismissed fears that China’s loans to African countries have political undertones or are meant to enslave Africa.
US central bank developing digital dollar ― Fed’s Powell reveals
The US central bank is researching a possible cyber-dollar, but will move slowly to ensure it first addresses the risks of fraud and counterfeiting, Federal Reserve Chair Jerome Powell said Monday. “This is one of those issues where it’s more important for the United States to get it right than it is to be first,” […]
Alibaba pays $3.6bn to take over China hypermarket giant SunArt
China’s e-commerce behemoth Alibaba has bought a controlling $3.6 billion stake in SunArt which runs hundreds of hypermarkets on the mainland for French shopping giant Auchan. The move to take a 72 per cent holding in SunArt tightens Alibaba’s grip on China’s vast e-commerce sector as it looks to soak up the new customers pushed […]
China rails at US after sanctions threat as Iran arms embargo ends
China on Monday accused the United States (US) of “peddling arms” and “interfering” in other countries’ affairs after Washington threatened sanctions against any nation taking advantage of the end of a UN ban to sell weapons to Iran. US Secretary of State Mike Pompeo warned against anyone supplying arms to the Islamic republic after Tehran […]
We will sell more arms than buy after embargo lifted ― Iran
Iran on Monday said it is more inclined to sell weapons rather than buy them, after it announced the end of a longstanding UN conventional arms embargo. Tehran said the ban imposed more than a decade ago was lifted “automatically” as of Sunday, based on the terms of a 2015 landmark nuclear deal with world […]
