Author: gizamail.com

The newly sworn-in Sri Lankan prime minister, Ranil Wickremasinghe, has said in recent interviews that the country’s economic crisis, which has brought suffering and turmoil, will worsen before it gets better. Fuel scarcity and skyrocketing food prices have forced many Sri Lankans to skip meals. In response to anger over how the Rajapaksa government handled the crisis, violent protests have broken out. Ranil Wickremesinghe was appointed in an effort to defuse protests. The opposition MP is serving his sixth term as prime minister. The newly appointed PM described the economy as broken in his message to Sri Lankans, but vowed…

Before finalizing his agreement to buy Twitter, Elon Musk wants to know more details about the number of fake accounts on the social media platform. He said that he wants more details about how many Twitter accounts are fake or spam, so he temporarily put his $44 billion takeover of Twitter on hold. Traders questioned whether Musk would back out of the project altogether after the shock announcement. Tesla and SpaceX founder Elon Musk said he must ensure that fake accounts represent less than 5% of Twitter users, as Twitter estimates. Earlier Friday, Musk tweeted that the giant deal was…

Bitcoin fell below $27,000 for the first time in over 16 months on Thursday. This was amid concerns about rising inflation and the collapse of a controversial stablecoin project. According to Bitstamp data, Bitcoin sank as low as $26,595.52 Thursday morning. That marks the first time bitcoin has fallen below $27,000 since Dec. 30, 2020. As of 1:30 a.m. ET, Bitcoin was trading at $27,061, down 15 percent in the last 24 hours. The second-largest digital currency, Ether, plunged to as low as $1,789 per coin. This is the first time a token has fallen below the $2,000 mark since…

The official unemployment rate in Lebanon increased almost threefold to 29.6 percent at the start of the year, according to a UN-government survey. In January 2022, Lebanon’s unemployment rate increased from 11.4% in 2018-2019 to 29.6%, which means almost one third of the active labor force was unemployed, according to the report. Lebanese economy collapsed two years ago as a result of corrupt practices and financial mismanagement, with the national currency losing 95 percent of its value and poverty rates rising. The International Labor Organization, a UN agency, and Lebanon’s Central Administration of Statistics conducted a rare joint survey. They…

Antonio Guterres accepted on Sunday the resignation of a United Nations agency head with a history of questionable investments under investigation. Former Norwegian minister of justice and public safety, Grete Faremo, has served as UN Office for Project Services’ deputy undersecretary-general and executive director since August 2014. Located in Copenhagen, the office provides infrastructure, procurement, and project management services for a more sustainable future. In the midst of media reports suggesting the agency had made a series of bizarre financial decisions that led to $25 million in losses, Faremo resigned. This report follows a piece by Brussels-based writer Ilya Gridneff…

During a working visit to the United States, His Majesty King Abdullah met with US Central Command Commander Gen. Michael E. Kurilla, and US Special Operations Command Commander Gen. Richard D. Clarke, on Friday in Tampa, Florida. The two meetings focused on ways to boost military and defense cooperation between Jordan and the United States. During the meeting, efforts were also discussed to fight terrorism at the regional and international levels within a holistic perspective. Jordan and the United States have a 1996 Status of Forces Agreement, a 2006 Acquisition and Cross-Services Agreement, and a 2021 Defense Cooperation Agreement, reflecting…

The UN Food and Agricultural Organization (FAO) reports that world food prices decreased at the end of April after reaching an all-time high in March amid the conflict in Ukraine. In April, the FAO Food Price Index was 158.2 points, down 0.8 percent from March, but still nearly 30 percent higher than in April 2021. The Index tracks monthly changes in the international prices of a basket of food commodities, and the decrease was mainly driven by lower prices for vegetable oils and cereals. While the mild decrease in the index is a welcome relief for low-income countries suffering from…

Xiaomi has introduced its latest Redmi 10C smartphone, aiming to make high-quality products more accessible to consumers worldwide. Powered by a Snapdragon® 680 processor, built on an efficient 6nm process, the Xiaomi Redmi 10C offers efficient performance and high power efficiency. The Redmi 10C’s 6.71″ DotDrop display offers immersive entertainment for all your favorite content, and it’s compatible with Widevine L1 HD streaming for all your favorite movies and shows. The Redmi 10C stands apart from its segment thanks to its 50MP high-resolution main camera, which allows for sharp shots and videos, as well as a 2MP depth sensor that…

Gulf Cooperation Council (GCC) backed efforts to offload a tanker stranded in Yemeni waters for six years so as to prevent a potential spill of one million barrels of crude into Yemeni waters. Dr. Nayef Al-Hajraf, GCC chief, said the GCC is supporting all measures to alleviate Yemen’s suffering during his talks with the UN Humanitarian Coordinator for Yemen David Gressly and US Special Envoy for Yemen Tim Lenderking. The UN-brokered truce in Yemen continues, but the GCC chief said it was imperative to address the worsening humanitarian situation. This ceasefire appears to end Yemen’s seven-year war. The country is…

The first GMC HUMMER EV Pickups for the 2022 model year have now been produced at Factory ZERO, and customer deliveries will begin shortly. GMC’s incredible supertruck is the first of many Ultium-based consumer vehicles that will be produced as part of General Motors’ vision for an electric future. Mark Reuss, GM President, said, “This truck helped us get closer to an all-electric future with speed and agility. With our Ultium Platform as the foundation for a broad range of applications, the GMC HUMMER EV offers our customers the ultimate in capability and performance.” GMC HUMMER EV Pickup VIN 001…