Author: i2wtc

Violence in DR Congo has sent thousands of people fleeing into neighbouring countries.Funding is desperately needed to feed a wave of refugees fleeing the ongoing conflict in the Democratic Republic of the Congo (DRC) to Burundi, the World Food Programme said. The United Nations agency warned on Monday that 70,000 people have fled across the border to neighbouring Burundi since Rwanda-backed armed group M23 launched an offensive in January and seized large swaths of territory in eastern DRC. The influx has raised the total number of people dependent on food aid from WFP in Burundi to 120,000, the United Nations…

Listen to article Pakistan has once again dismissed India’s claim that Jammu and Kashmir is an “integral part” of the country, reiterating that the region remains disputed and its status is recognised as such by the United Nations and the international community. “Every official UN map depicts Jammu and Kashmir as disputed territory,” said Gul Qaiser Sarwani, Counselor at Pakistan’s Mission to the UN, while exercising his right of reply at the conclusion of a high-level UN Security Council debate on peacekeeping operations. Sarwani’s response came after Indian Ambassador Parvathaneni Harish repeated New Delhi’s assertion that “Kashmir has been, is, and will…

Former FIFA boss Blatter and ex-UEFA chief Platini acquitted again on appeal in legal case that began in 2015.Former FIFA President Sepp Blatter and France football great Michel Platini were both cleared of corruption charges by a Swiss appeals court, two and a half years after they were first acquitted of the offences. The pair, once among the most powerful figures in global football, were cleared of fraud on Tuesday at the Extraordinary Appeals Chamber of the Swiss Criminal Court in the town of Muttenz near Basel. The hearing came about after Swiss federal prosecutors appealed against the two men’s…

Alexander Pohl | Nurphoto | Getty ImagesA quarter century ago, Napster was notorious on the internet for allowing people to swap songs for free, long before the music industry had come up with a model for the digital age.The service was shuttered in 2001 amid mounting legal battles, and filed for bankruptcy the following year. But the brand isn’t dead.On Tuesday, Napster was acquired by 3D technology company Infinite Reality for $207 million. Infinite Reality CEO John Acunto told CNBC in an interview that the one-time file-sharing phenomenon will be used for marketing in the metaverse.Infinite Reality plans to create…

KARACHI: Former Australian opener David Warner has been appointed as the captain of HBL Pakistan Super League side Karachi Kings, the franchise announced on Monday. The upcoming PSL season will mark Warner’s maiden appearance in the cash-rich T20 league after he became Karachi Kings’ first pick during the tournament’s player draft in January. The flamboyant left-hander’s appointment as Karachi skipper comes at the expense of Shan Masood, who steps down from the position after one season in charge, which saw the team finish fifth in the points table. “Shan Masood’s steadfast leadership during HBL PSL 9 laid the groundwork for…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Private credit has exploded in popularity among investors, with the market soaring from $1 trillion in 2020 to $1.5 trillion at the beginning of 2024, according to alternative data provider Preqin . The firm expects this figure to reach $2.6 trillion by 2029. But private credit investing comes with a serious catch. The returns from direct lending are taxed as ordinary income, which has a top…

At the start of March, Norwegian marine fuel supplier Haltbakk Bunkers refused to service a United States warship, calling on others to boycott the US fleet. Haltbakk CEO Gunnar Gran appeared to have been incensed at Ukrainian President Volodymyr Zelenskyy’s public humiliation in the White House by US President Donald Trump for allegedly being ungrateful for US military support to defend his country from a Russian invasion. “Huge credit to the president of Ukraine restraining himself and for keeping calm even though USA put on a backstabbing TV show. It made us sick. … No Fuel to Americans!” the company…

Several pro-Israel groups have come out in support of United States President Donald Trump’s push to expel and deport students for participating in pro-Palestine protests on US campuses. One of the most prominent among them is Betar US, a group that says it is sharing the names of pro-Palestinian protesters with the Trump administration. The Trump administration has detained Palestinian Columbia University graduate and activist Mahmoud Khalil and an Indian postdoctoral scholar at Georgetown University, Badar Khan Suri, and is attempting to deport them. Trump has promised to deport students who protested last year against Israel’s war on Gaza and…

Listen to article ISLAMABAD: National Assembly Deputy Speaker Syed Ghulam Mustafa Shah lodged a formal complaint over the absence of ministers during the Question Hour in the lower house of Parliament in a letter addressed to Prime Minister Shehbaz Sharif and Parliamentary Affairs Minister Tariq Fazal Chaudhry on Monday. In his letter, the deputy speaker described the absence of ministers from parliamentary proceedings as alarming, emphasising that their non-attendance, along with that of parliamentary secretaries, violated parliamentary traditions. Referring specifically to the absence of ministers and parliamentary secretaries of the energy and communications ministries during the March 20 session, Shah noted that…

The editor-in-chief of The Atlantic magazine revealed in an article on Monday that Trump administration officials revealed to him crucial military details about United States air strikes on Yemen’s Houthi rebel targets on March 15, hours before the attack. Jeffrey Goldberg, a veteran journalist, said that US government officials accidentally added him to a texting channel where they mapped out the strike. The US government has acknowledged that the message thread appears to be authentic. The incident has prompted accusations by critics of the Trump administration that senior officials were guilty of a major security breach. Here is more about…