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Archive For: The Crunch

IMF urges Russia and Ukraine to talk on debt restructuring

Nov 05, 2015 The International Monetary Fund recently urged Russia and Ukraine to participate in the $3 billion debt restructuring discussion. The international lender however said it was discussing reforms that might allow continued support for Ukraine. Ukraine has held several restructuring talks with private creditors. However Russia has refused to participate, arguing that the ... Read More
 

Mourinho denies player revolt at Chelsea

Nov 05, 2015 Chelsea manager Jose Mourinho recently dismissed reports of a revolt in the club’s dressing room. Mourinho went on to say that the players were united in their efforts to improve results, after managing just three wins from their opening 11 matches. Speaking at news conference, Jose Mourinho said: “Look, I think it’s ... Read More
 

Samsung launches Galaxy Note 5 in Nigeria

Nov 04, 2015 Samsung Nigeria recently introduced the latest of its Note series, the Samsung Galaxy Note 5, to the Nigerian market. The event, which was held at the beautiful Nike Art Gallery in Lekki, Lagos, was attended by media enthusiast, tech bloggers, and industry stakeholders. Mr Brovo Kim, Managing Director of Samsung Electronics West ... Read More
 

Ruling party wins Tanzania presidency, opposition challenges vote

Nov 04, 2015 The candidate for Tanzania’s ruling party, Magufuli Pombe, was recently declared winner of the country’s presidential election. The national electoral commission dismissed claims of election rigging from opposition parties. This was announced by Damian Lubuva, chairman of the National Electoral Commission, during a news conference. “Dr. Magufuli Pombe John Joseph, CCM has ... Read More
 

Austria hosts world powers for Syria talks

Nov 04, 2015 More than a dozen world leaders recently headed to Vienna for a fresh round of talks aimed at ending Syria’s four-year civil war. During the meeting, U.S Secretary of State John Kerry met with Iranian Foreign Minister Mohammad Javad Zarif. Prior to the meeting, Zarif had told reporters that he would only ... Read More
 

U.S. house elects Paul Ryan as speaker

Nov 04, 2015 U.S. Representative Paul Ryan recently took the oath of office after being elected speaker of the House. Ryan, who won 236 votes among the 247 Republicans in the chamber, promised a more inclusiveness and entreating House. While addressing the house, Ryan said: “To me the House of Representatives represents what’s best of ... Read More
 

Justin Thomas gets first PGA tour win in Malaysia

Nov 04, 2015 American Justin Thomas recently overcame a spirited challenge from former world number one Adam Scott to win his maiden PGA Tour title. The 22-year-old, on his second Tour after a solid rookie season, was tied with compatriot Brendan Steele for the lead coming into the final round. Thomas mixed an eagle, six ... Read More
 

Carter and New Zealand scoop top awards

Nov 04, 2015 New Zealand’s Dan Carter recently completed a memorable weekend when he was voted Rugby’s player of the year for a third time, a day after being named man of the match in New Zealand’s World Cup final victory over Australia. Carter, who also won in 2005 and 2012, joined team mate Richie ... Read More
 

Ouattara supporters celebrate his re-election as Ivory Coast president

Nov 03, 2015 Supporters of Ivory Coast President Alassane Ouattara recently held jubilant celebrations in Abidjan to mark the president’s re-election. During the celebration, President Ouattara, who took nearly 84 percent of the votes, greeted hundreds of cheering supporters. According to his supporter, the victory offers Ouattara a strong mandate to carry on with policies ... Read More
 

Somali family returns home after years in refugee camp

Nov 03, 2015 After several years in Dadaab refugee camp, many families are beginning to return home. The Dadaab refugee camp became a safe haven for hundreds of thousands of people fleeing civil war in Somalia. One of the refugees, Ali along with his wife and children, recently headed home. According to him, the major ... Read More