Former US Vice President Mike Pence has withdrawn from the 2024 presidential race, saying “this is not my time”. He made the announcement at the Republican Jewish Coalition in Las Vegas on Saturday afternoon. “We always knew this would be an uphill battle, but I have no regrets,” he wrote in a statement. Mike Pence […]

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The former chairman of the Bank of China has been arrested over suspicions of bribery and giving illegal loans. Liu Liange, chairman of the state-owned bank from 2019 to 2023, had resigned from his position in March this year. Weeks later, authorities announced Mr Liu was facing corruption charges. The 62-year-old is one of the […]

The first section of Kenya’s Chinese-built railway was opened with much fanfare in 2017 – but two years later work on the tracks stopped in the middle of the country and the master plan of linking it to other landlocked countries in East Africa seems to have derailed. This means the project is not bringing […]

Israel was warned by Egypt of potential violence three days before Hamas’ deadly cross-border raid, a US congressional panel chairman has said. House of Representatives Foreign Affairs Committee head Michael McCaul told reporters of the alleged warning. Israeli PM Benjamin Netanyahu described the reports as “absolutely false”. Israeli intelligence services are under scrutiny for ...

A blackmail scam is using instant loan apps to entrap and humiliate people across India and other countries in Asia, Africa, and Latin America. At least 60 Indians have killed themselves after being abused and threatened. A BBC undercover investigation has exposed those profiting from this deadly

This year’s Nobel economics prize has been awarded to Claudia Goldin, an American economic historian, for her work on women’s employment and pay. Prof Goldin’s research uncovered key drivers behind the gender pay gap, the Royal Swedish Academy of Sciences said. She is only the third woman to receive the prize, and the first to […]

Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories are not oil producers but the Middle Eastern region accounts for almost a third […]

Former President Donald Trump has attacked a judge and prosecutor in a day of courtroom drama as he attended the opening of a fraud trial that could threaten his business empire. On entering the room on Monday dressed in a blue suit, Mr Trump – who turned up voluntarily – looked ahead as he walked […]

House Republicans have branded the first day of their impeachment inquiry against Joe Biden a success, saying they justified their case. But expert witnesses called by Republicans cautioned there was not yet enough proof for impeachment. Thursday’s hearing was dominated by the business dealings of the president’s son, Hunter, who Republicans allege was selling access […]

Donald Trump “repeatedly” misrepresented his wealth by hundreds of millions of dollars to banks and insurers, a New York judge has ruled. The decision resolves the key claim made by New York’s attorney general in her civil lawsuit against the former president. “The documents here clearly contain fraudulent valuations that defendants used in business,” the […]

Police across South America are searching for the leader of a Venezuelan gang who escaped from the luxurious prison which he controlled, shortly before it was raided. When 11,000 soldiers and police entered the inmate-run Tocorón jail in Venezuela on Wednesday, Héctor Guerrero Flores was nowhere to be found. Under Guerrero Flores’s rule, Tocoron came […]

The G20 joint declaration in Delhi is being described as a significant diplomatic win for India. The agreement of a joint statement looked almost impossible a few days ago, given how sharply divided the group was over Russia’s invasion of Ukraine. In the end, we had a declaration that garnered unanimous support from all G20 […]

Singaporeans have chosen Tharman Shanmugaratnam as their next president – but many would have let out a small sigh of disappointment as they did so. On Friday, the former top minister won a record 70.4% of the votes, comfortably beating two other candidates in the country’s first contested presidential election in more than a decade. […]

Singaporeans have headed to the polls to vote in their first contested presidential election in over a decade. The president has a mainly ceremonial role in the city-state with few powers and little say in public affairs. But the result on Friday could be a marker of public sentiment on the long-term ruling People’s Action […]

Property giant Evergrande has filed for bankruptcy protection in the US as the real estate crisis in China deepens. It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors. Evergrande defaulted on its huge debts in 2021, which sent shock-waves through global […]

China has removed Qin Gang as foreign minister less than seven months after he was appointed to the post. Qin Gang  had been seen as a close associate of President Xi Jinping. He is replaced by veteran Communist Party foreign affairs chief Wang Yi. Qin’s prolonged disappearance from public view – and official silence over […]

Udeni Kaluthantri, a 54-year-old port worker, became an overnight sensation last year for reasons that had nothing to do with his job. Days after protesters stormed the presidential palace in the Sri Lankan capital Colombo, a video surfaced of Mr Kaluthantri lounging on a bed draped with the presidential flag. Pictures of young men jumping […]

Crisis-hit Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) over $3bn (£2.4bn) of funding. The deal, which still needs to be approved by the global lender’s board, comes after an eight-month delay. The South Asian nation is facing its worst economic crisis since independence from Britain in 1947. To help secure […]

The muted, panicked voice came through the phone of a friend who croaked she was very confidentially warning Cassandra and advising her. Yours truly was immediately panic infected. With deep emphasis and concern the friend took her time to advise that Cass withdraws all money from banks. Cass was for once glad she was poor […]