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China speaks with Saudi Arabia, South Africa about response to US tariffs

The Chinese Minister of Commerce, Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States’ “reciprocal tariffs”. The ministry said of Friday that the conversations took place over separate video calls on Thursday in which China discussed strengthening bilateral economic and trade cooperation with
China speaks with Saudi Arabia, South Africa about response to US tariffs

The Chinese Minister of Commerce, Wang Wentao had discussions with his Saudi Arabian and South African counterparts to exchange views on responding to the United States’ “reciprocal tariffs”.

The ministry said of Friday that the conversations took place over separate video calls on Thursday in which China discussed strengthening bilateral economic and trade cooperation with Saudi Arabia and South Africa.

According to the ministry, Wang also spoke to Saudi Arabia’s Commerce Minister Majid bin Abdullah al-Qasabi about enhancing cooperation with countries within the Gulf Cooperation Council, while G20 and BRICS’ roles were brought up in his conversation with South Africa’s Parks Tau.

The Chinese commerce ministry’s statements, however, did not elaborate on the discussions.

DAILY POST reports that US President Donald Trump had raised the tariffs charged to China by the United States of America to 125 per cent.

This is as Trump accused China of failing to show respect to the world’s markets.

China speaks with Saudi Arabia, South Africa about response to US tariffs

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Nigerian youths don’t need empowerment, freebies – AfDB’s Adesina

President of the African Development Bank Group, Dr. Akinwumi A. Adesina has said that Nigerian youths do not need empowerment or freebies. According to Adesina, to solve the japa problems, the youth should be given capital to expand their business and entrepreneurial ideals. As youths from Nigeria and other parts of Africa continue to leave
Nigerian youths don’t need empowerment, freebies – AfDB’s Adesina

President of the African Development Bank Group, Dr. Akinwumi A. Adesina has said that Nigerian youths do not need empowerment or freebies.

According to Adesina, to solve the japa problems, the youth should be given capital to expand their business and entrepreneurial ideals.

As youths from Nigeria and other parts of Africa continue to leave their countries in large numbers in search of greener pastures abroad, Adesina said the AfDB is doing something about it.

In an interview shared by Channels Television, the AfDB boss said, “Now, in the case of young people, I go around syndrome that you that you mentioned, it’s a big loss for us out of Nigeria and many other countries.

“And what we’ve got to do about this will be as follows, and we are doing something about it. First and foremost is to recognize that young people don’t need freebies.

“We don’t need people just saying, ‘Oh, I just want to give you a youth empowerment program’,
What does that mean?

“You know, I go around Africa, people tell me all that, ‘oh, we have a youth empowerment program’. So what exactly is it? Youth don’t need that kind of empowerment freebies little things you are doing to them.

“They have skills, they have knowledge, they have entrepreneurship capacity. They want to turn their ideas into great businesses. And so what the young people need, it’s not those so called empowerment programs.

“They need capital. They need you to put your money at risk on their behalf. Look, I’m a banker. You walk into the bank, you know, and you see young people. A young person, 21 years old, comes into the bank.

“You ask them in your risk assessment, the only thing you see is risk, risk, risk. And so you go ask them for securities they need to bring to you. You have a house, you have a land, and you have this, you have tax for the last 40 years.

“I’m only 21 years old, you know. So the whole of the system is not designed. It’s what I’m saying for young people, the commercial banking system, the financial system is failed Young people.

“We in Africa, we have over 460, 5 million young people you’re getting up between the age of 15 and 35 you are adding, where’s the financial markets for them. Why is that certainly a surprise to us that they are living it’s because you’re not putting anything there for them, you know.

“And so we must recognize that the young people are our biggest assets. You know. Demographic asset has to become an economic asset, and to do that, you have to put capital…”

Nigerian youths don’t need empowerment, freebies – AfDB’s Adesina

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Russian missile strike kills one in Ukraine

A Russian missile attack on Thursday killed no fewer than one person and injured five others, damaging a civilian warehouse in Dnipro city of Ukraine. Writing on the Telegram messaging app, regional governor Serhiy Lysak said the attack sparked a massive fire. An image published by regional prosecutors showed a building with collapsed walls covered
Russian missile strike kills one in Ukraine

A Russian missile attack on Thursday killed no fewer than one person and injured five others, damaging a civilian warehouse in Dnipro city of Ukraine.

Writing on the Telegram messaging app, regional governor Serhiy Lysak said the attack sparked a massive fire.

An image published by regional prosecutors showed a building with collapsed walls covered in smoke and flames.

In the same vein, local channels posted videos of heavy black smoke rising into the sky.

According to Dnipro mayor, Borys Filatov, the missile hit a storage facility for diapers.

The regional governor added that a Russian drone also wounded 13 people and damaged a residential building in the town of Nikopol in the Dnipropetrovsk region.

Another city in the region, Kryvyi Rih, was in mourning following Friday’s Russian missile strike that killed nine children and 11 adults.

Russian missile strike kills one in Ukraine

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Russia captures another Ukrainian village

Russia’s defence ministry on Thursday said that its forces had captured the village of Zhuravka in Ukraine’s northern border region of Sumy. However, Ukrainian officials have not made any acknowledgement that it had been taken. Moscow has reportedly long staged air attacks on the region opposite Russia’s region of Kursk, from which it is trying
Russia captures another Ukrainian village

Russia’s defence ministry on Thursday said that its forces had captured the village of Zhuravka in Ukraine’s northern border region of Sumy.

However, Ukrainian officials have not made any acknowledgement that it had been taken.

Moscow has reportedly long staged air attacks on the region opposite Russia’s region of Kursk, from which it is trying to evict remaining Ukrainian forces eight months after they launched a cross-border incursion and seized large chunks of territory.

According to Ukrainian officials, there was intensified Russian military activity on their side of the border, but gave no acknowledgement that Zhuravka had fallen into Russian hands.

Moscow said four days ago that its forces had seized another village in the region, Basivka, a claim Ukrainian officials denied.

The latest report by Russia’s defence ministry made no further comment beyond saying its troops were in control of Zhuravka.

Meanwhile, Sumy region governor Volodymyr Artiukh told regional defence officials that Russian attacks in the area had intensified 30% over the past week.

“Over the past seven days, the Russians have launched 47 assault operations on our defenders’ positions.

“The enemy’s main efforts are focused on the area around the settlements of Zhuravka and Vasivka,” Artiukh said in an account posted on Facebook.

According to him, Russian forces were still attacking civilian targets and infrastructure, with the latest assaults recorded on food industry sites, such as meat-packing plants and dairies.

He also said that Russia remained focused on Ukrainian forces still holding territory in Kursk region, who were delivering “a worthy rebuff to the enemy and inflicting significant losses”.

Kremlin leader Vladimir Putin has repeatedly suggested that Russian forces carve out a buffer zone along the border.

The Russian defence ministry on Tuesday released video of what it said was the recapture of the settlement of Guyevo, one of the Ukrainians’ few remaining footholds in the Kursk region.

This week, Ukrainian President Volodymyr Zelenskyy acknowledged for the first time that Kyiv’s forces were also active in Russia’s Belgorod region, also on the border, in efforts to protect towns on the Ukrainian side.

Russia captures another Ukrainian village