Author: staff
Paraguayan President Santiago Peña has resigned on Thursday amid a banking crisis just before the Chamber of Deputies voted unanimously to impeach him. Ueno Bank, the bank that was placed under intervention earlier this week, had close to three million customers, who have suddenly found themselves without access to their accounts. Protests have roiled the South American nation after its central bank took control of Ueno Bank on Tuesday, citing a severe capital shortfall. Peña, a close ally of US President Donald Trump, announced his decision in a video posted to X as lawmakers debated his impeachment, saying he was…
Published on 5 November 2026 – 20:13 GMT+1 Intra-African trade remains below 17 per cent of the continent’s total trade, compared with more than 60 per cent in Europe. Despite the African Continental Free Trade Area (AfCFTA) promising a $3.4 trillion market, regulatory barriers, fragmented financial systems and costly cross-border payments continue to hinder businesses. At Moonshot 2026 in Lagos, experts called for urgent reforms to turn the ambition of a single African market into reality. Speaking to Business Africa, Adetola Onayemi, Chairman of Norebase, highlighted the gap between trade agreements and their implementation, pointing to persistent obstacles at borders,…
In early 1943 the SS locked several hundred Jewish women and girls in Auschwitz inside a sealed building without daylight: Block 10. For a long time hardly anyone knew what was done to the women in this block. Now these crimes are coming to cinemas as a feature film. In Block 10 the gynaecologist Carl Clauberg, played by Axel Prahl, tested on behalf of SS chief Heinrich Himmler how women could be rendered infertile on a mass scale. Many victims did not survive the agonising procedures. Alice Brauner wrote the screenplay and produced the film. As a historian she previously…
To generate additional resources for the budget, Costa’s team also suggested increasing two largely uncontroversial taxes on non-collected plastic and electronic waste that flows directly to the bloc’s budget by levying an additional 25 cents on each kilo. The diplomats also proposed raising the share of a carbon imports’ tax that flows to the EU cash pot to 100% from the current 75%, and exploring levies on crypto firms and national spectrum auctions. In a further concession, Lourtie suggested phasing in two taxes on tobacco products and polluting firms, known as the Emissions Trading System, for countries that are overwhelmingly…
Published on 5 November 2026 – 18:42 GMT+1 British comedian Russell Brand has been found guilty of rape and three sexual assaults by a London jury on Thursday, the offences involving four women in total. Eyes closed when the verdict was delivered, Brand showed no emotion as he was also cleared of two rapes and one count of attempted indecent assault. The 51-year-old actor who turned into a conservative, religious online guru faces “significant custodial term,” as said by Judge Joel Bennathan. Brand’s wife Laura watched from the public gallery as the jury at London’s Southwark Crown Court delivered their…
Cristiano Ronaldo announced on Thursday he won’t play for Portugal anymore, ending a career that spanned six World Cups and included a European title and the men’s all-time international scoring record. It was a sad ending to a lauded career that began more than two decades ago before Euro 2004 and finished with him walking out on the national team after falling out with coach Jorge Jesus. “To the Portuguese people, the day has come for me to hand back the No. 7 shirt of our national team,” the 41-year-old Ronaldo said in a long video message on social media.…
Published on 5 November 2026 – 16:45 GMT+1 Jeans, T-shirts, puffer jackets and even plastic and paper will take centre stage at the 2027 Met Gala, as New York’s Metropolitan Museum of Art turns its attention to the endless possibilities of everyday fashion. The museum announced on Thursday that its next Costume Institute exhibition will be called ‘extraORDINARY: Fashion and the Poetics of the Everyday’. The exhibition next spring will explore how fashion designers transform familiar clothes, objects and ordinary materials into unexpected creations through craftsmanship, construction and experimentation. From denim and metal to paper and plastic, the show will…
CBD, or cannabidiol, is a non-psychoactive chemical component found in marijuana that’s gained a reputation as a way to take a chill pill without getting high. In some European countries, wellness shops are using a legal grey zone to sell CBD products that aren’t explicitly marketed for human consumption — often with a wink. In France, some hemp sellers wanted to sell them with an organic label. But the the judges shut that down. The European Commission classifies natural CBD as a so-called novel food, and it has yet to receive authorization to be sold on the EU market. The…
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A sudden blank screen took almost three million Ueno Bank customers by surprise in the early hours of Tuesday 3 November. At around 03:24, the app of the Paraguayan institution, a key player in the system which manages multimillion state funds and has grown at breakneck speed in its three years of existence, stopped displaying its users’ accounts and showed a single message instead: “We cannot display the balance”. At the same time, the Central Bank of Paraguay issued a tough statement on its social media channels: the institution was placed under intervention and its liquidation process was launched. The…