Fuel prices are likely to up in the coming days following a surge in prices of finished petroleum products and crude on the international market, analysts have projected. In separate analysis of the May 2022 First Pricing Window (May 1 to May 15, 2022), the Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) projected that prices of petrol, diesel and Liquefied Petroleum Gas (LPG) would record a marginal increase on the local market this week. Currently, petrol is selling
McDonald’s has said it will permanently leave Russia after 30 years and has started to sell its restaurants there. The move comes after it temporarily closed its 850 outlets there in March. The fast food giant said it made the decision because of the “humanitarian crisis” and “unpredictable operating environment” caused by the Ukraine war. The chain opened in Moscow in 1990 as the Soviet Union was opening its economy to Western brands and its exit carries similar symbolic
The Catholic archbishop in Jerusalem on Monday strongly criticised Israel’s “police invasion” last week of a Christian hospital ahead of the funeral of slain Al Jazeera reporter Shireen Abu Akleh. The veteran journalist was shot dead during an Israeli army raid in the West Bank. Palestinians and the TV network said Israeli troops killed her, while Israel said Palestinian gunfire may be to blame. Anger over her death was compounded Friday when baton-wielding Israeli police in annexed
The latest heavy sandstorm to hit Iraq has forced some schools and offices to close, while flights at Baghdad Airport have also been suspended. The education ministry and other offices declared Monday a day off for local government institutions, with the exception of health services. According to medical officials, hundreds of people across Baghdad and southern cities went to hospitals with breathing difficulties. Baghdad International Airport said in a statement that it was closing its airspace
North Korea’s leader Kim Jong-un has lambasted health officials and ordered the army to help distribute medicine, as a wave of Covid cases sweeps through the country. More than a million people have now been sickened by what Pyongyang is calling a “fever”, state media said. Some 50 people have died, but it’s unclear how many of those suspected cases tested positive for Covid. North Korea has only limited testing capacity, so few cases are confirmed. North Koreans are likely
Somalia’s former leader Hassan Sheikh Mohamud has been elected president after a final vote that was only open to the country’s MPs. He defeated the current president, Mohamed Abudallahi Farmajo, who has been in office since 2017. The ballot was limited to Somalia’s 328 MPs due to security concerns over holding a wider election, and one of them did not cast a vote. Mr Mohamud received 214 votes, defeating Mr Farmajo who won 110 votes. Three MPs are reported to have spoiled their
Unprecedented sanctions against Russia over its invasion of Ukraine have led to fresh concerns about Turkey’s first nuclear power plant, which is being built by Moscow’s state-owned nuclear company. The first reactor of the Akkuyu Nuclear Power Plant, located on the Mediterranean coast near Mersin, is due to start production next year, but potential blocks on financing and equipment from third countries have threatened to delay the $20bn project. Rosatom, the Russian firm behind Akkuyu, has
Paul Kagame, the president of Rwanda, has suggested the UK extradite suspects wanted in the east African country for alleged roles in the 1994 genocide, after a controversial deal with the Home Office to process asylum seekers there. Speaking less than two weeks after the deal was announced, Kagame told an audience of diplomats in Kigali that included the British high commissioner he hoped “that when the UK is sending us these migrants, they should send us some people they have accommodated
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