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The Nigerian Veterinary Medical Association has expressed concern that 80 per cent of the animals in the Borno zoo have been affected by flooding.Source: https://punchng.com/80-of-animals-in-borno-zoo-affected-by-flood-veterinarians/
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Countries facing inflation and high oil prices often implement various strategies to mitigate these economic challenges. Here are some examples of approaches taken by different nations: 1. Monetary Policy Adjustments Interest Rate Increases: Central banks may raise interest rates to curb inflation. For instance, the U.S. Federal Reserve has historically increased rates in response to rising inflation, which can help stabilize prices by reducing consumer spending and borrowing costs. Inflation Targeting: Some countries adopt explicit inflation targets to anchor expectations. This involves setting a specific inflation rate as a goal, which can help stabilize prices and guide monetary policy decisions. 2. Fiscal Policies Subsidy Reforms: Countries like Egypt have restructured their subsidy programs to focus on targeted cash transfers rather than universal subsidies. This approach aims to protect vulnerable populations from rising food and energy prices while reducing the fiscal burden on the government. Improving Public Spending Quality: In the MENA region, enhancing the effectiveness of public spending is crucial. This includes reducing untargeted subsidies and reallocating resources towards social protection systems and infrastructure improvements. 3. Structural Reforms Diversifying Energy Sources: Nations are increasingly looking to reduce dependence on oil by investing in renewable energy. This not only helps stabilize energy prices but also addresses long-term sustainability concerns. For example, countries are exploring alternative energy sources to mitigate the impact of fluctuating oil prices on inflation. Debt Management: Effective management of public debt is critical. Countries are encouraged to enhance debt transparency and avoid fiscal dominance, which can lead to inflationary pressures. This includes managing debt service costs more effectively and reducing reliance on high-cost short-term funding. 4. International Cooperation Geopolitical Strategies: Countries may engage in diplomatic efforts to stabilize oil prices, such as negotiating with oil-producing nations or participating in international agreements to manage supply and demand dynamics. Strategic Reserves: Some nations maintain strategic petroleum reserves to buffer against sudden price spikes. By releasing oil from these reserves during crises, they can help stabilize domestic prices and mitigate inflationary pressures. Examples of Successful Implementation Egypt: In response to rising inflation, Egypt has increased public sector wages and expanded cash transfer programs to support low-income families, demonstrating a targeted approach to alleviate the impact of high prices on vulnerable populations. Brazil: Brazil has historically used a combination of interest rate adjustments and fiscal measures to manage inflation, particularly during periods of high commodity prices, including oil. These strategies reflect a combination of monetary, fiscal, and structural policies aimed at addressing the dual challenges of inflation and high oil prices, with varying degrees of success across different countries. |
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Embattled US President Joe Biden sought out safe ground Sunday, courting Black voters at a church as he hit the campaign trail to salvage his reelection bid and silence growing calls to quit. "We're all imperfect beings," the 81-year-old told a welcoming congregation in Philadelphia, where he received a jolt of rejuvenation from worshippers who chanted "four more years." Biden has dug in despite an uprising among some Democratic lawmakers, analysts and voters concerned he lacks the mental acuity and physical fitness to serve a second term -- worries brought to the fore by a disastrous debate performance last month against Republican challenger Donald Trump. But the president has unequivocally declared he is fit to serve, the only one who can defeat Trump, is staying in the race. On Sunday, he embarked on a two-stop swing in the battleground state of Pennsylvania, before he hosts the NATO leaders' summit in Washington later this week. So far, five Democratic lawmakers have called on Biden to drop out, with the drumbeat of dissent slowly rising. Two high-profile congressional Democrats on Sunday stopped short of calling for Biden to step aside, but warned he still needed to win over worried voters. "There's only one reason" the race between Trump and Biden "is close, and that's the president's age," Representative Adam Schiff told NBC's "Meet the Press." As some speculate about Biden handing off the campaign to Vice President Kamala Harris, Schiff said he thought she "could win overwhelmingly." Democratic Senator Chris Murphy meanwhile said "the president needs to do more," including unscripted events, to reassure voters. "This week is going to be absolutely critical," Murphy told CNN's "State of the Union." Biden himself largely avoided discussing the crisis at hand when he gave a seven-minute address at Mt. Airy Church of God in Christ, speaking to a constituency he has embraced throughout his half-century political career. "It's good to be home," he said to cheers, before joking briefly about his age. "I know I look like I'm only 40 years old but I've been around a little bit," he said. Biden's campaign stops come as House Minority Leader Hakeem Jeffries scheduled a virtual meeting of senior Democratic representatives Sunday to discuss the best way forward, and Democratic Senator Mark Warner is reportedly working to convene a similar forum in the Senate. With Washington ruminating, First Lady Jill Biden is scheduled to campaign for her husband Monday in Georgia, Florida and North Carolina, while the president preps for the NATO summit beginning Tuesday. US President Joe Biden avoided discussing the concerns about his age and mental acuity while attending a church service at Mount Airy Church of God in Christ in Philadelphia, instead spending time greeting parishioners and taking selfies with them Here, too, he will find himself having to reassure allies at a time when many European countries fear a Trump victory in November. The 78-year-old Republican has long criticized the defense alliance, voiced admiration for Russian strongman Vladimir Putin, and insisted he could bring about a quick end to the fighting in Ukraine. For now, Democratic heavyweights are largely keeping a lid on any simmering discontent with their leader -- at least in public. But with election day just four months away, any move to replace Biden as the nominee would need to be made sooner rather than later, and the party will be scrutinized for any signs of more open rebellion. Meanwhile, for Biden and his team, the strategy seems to be to ride it out. The campaign has unveiled an intense battle plan for July, including an avalanche of TV spots and trips to all the key states. That includes a visit to the US Southwest during the Republican convention July 15-18, at which Trump will be anointed the party's official presidential nominee. https://www.barrons.com/news/biden-back-on-campaign-trail-as-pressure-mounts-063e01ca
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The death of the award-winning American rapper Earl Simmons, popularly known by his stage name DMX has brought chills amongst his fans and all those who love him. Social media users woke up to the death of the husband of Queen Elizabeth, Prince Philip, Duke of Edinburgh. He passed on on Friday morning. A few hours after the death of Prince Philip was announced, the death of DMX was also announced. Saddening for almost many social media users who enjoyed his songs. DMX was an American rapper, songwriter, and actor who began rapping in the early 1990s and released his debut album ‘It’s Dark and Hell Is Hot’ in 1998, to both critical acclaim and commercial success His album was able to sell 251,000 copies within its first week of release. According to reports, DMX died in the White Plains Hospital after he suffers a heart attack. Before he died, he was rushed to the hospital in a critical condition a few days ago before he suffered a heart attack. He passed away at the age of 50. The Grammy award-winning artist Burna Boy has taken to his Twitter page to mourn the popular actor and rapper. Burna Boy disclosed how he loves his songs right from his childhood. He described the rapper as the soundtrack of his youth. Burna Boy tweeted, “RIP DMX. Thank you for being the soundtrack of my childhood”. The Grammy award-winning artist Burna Boy has taken to his Twitter page to mourn the popular actor and rapper. Burna Boy disclosed how he loves his songs right from his childhood. He described the rapper as the soundtrack of his youth. Burna Boy tweeted, “RIP DMX. Thank you for being the soundtrack of my childhood”. RIP DMX. Thank you for being the soundtrack of my childhood. — Burna Boy (@burnaboy) April 9, 2021 https://www.newsdey.com/burna-boy-mourns-famous-rapper-dmx-death/
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When a man loves a woman, there is no boundary that they will go through to show the world how much they love them. It’s the energy that every girl, including myself, desires. When so many on the internet are considered “relationship goals,” there is one couple who continues to prove that Black Love exists! Looking at Lil Durk and his girlfriend India Royale it’s no doubt in anyone’s mind that he loves her beyond words can explain. Yesterday he reshared a video on Twitter of India as she showed off her fresh set of jumbo Knotless braids. He penned a cute caption on the post stating, “THE BLESSING. THE WIFE. THE mFR IMA KILL BOUT @byindiaroyale.” In the video with over 450k views, India’s skin glowed as she showed off the braids, her perfectly laid baby hairs, and her fresh face. We all know how much pride Durk takes in his woman, so it’s not out of the ordinary for him to show her love on social media. Fans of the couple took notice of India’s appearance and commented on her beauty. One wrote, “Naturally Beautiful…When u can wake up and still be beautiful without makeup. This is your diamond right here. Sending you both positive energy and love.” Another commented, “She’s definitely one of a kind. I watch her YouTube videos, and her vibe is always uplifting and happy. A beautiful young woman.” India is very lowkey on social media, but she does pop out every now and then. If you recall, she recently shared photos of her birthday and showed off the many Chanel bags that Durk gifted her for the occasion. That wasn’t the only big gift she received. Durk also iced her out with a custom necklace with a picture of her daughters and one with him and her. Now the next thing we’re waiting for is her to pop out with a ring! Photos at https://www.mmgnews.com/lil-durk-shows-his-girlfriend-india-royale-love-on-twitter/
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Nigerian superstar artist, Ayodeji Ibrahim Balogun, popularly known as Wizkid's latest album, Made In Lagos has reached number 1 on the UK's top apple music album. Wizkid launched his new album, Made in Lagos, yesterday, October 30, 2020. It peaked at number 3 on the US iTunes Albums Chart just 24 hours after the release of the album. https://www.newsdey.com/music-stat-wizkid-beats-ariana-grande-sam-smith-hits-number-1-on-uk-apple-music-top-albums/
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Ozo has won Monday’s night Head of House game, becoming the HOH of the BBNaija Lockdown edition for the second time. Ozo became the HOH for the sixth week of the ongoing Big Brother season five after Nengi and Lucy, Erica and Kiddwaya emerged, winners of the previous Head of House games. Ozo won the BBNaija HOH for the sixth week with no ties unlike the previous two which saw Nengi and Lucy emerge winners respectively. After winning the game, Ozo selected Nengi who he (Ozo) had said he is attracted to as his Deputy HOH, ignoring his friend, Dorathy who he picked when he won his first Head of House game in the third week. Meanwhile, the new BBNaija Head of House and his Deputy HOH are immune from this week’s BBnaija eviction and will enjoy the luxuries of the HOH lounge. Read more - https://www.newsdey.com/bbnaija-ozo-wins-head-of-house-ignores-dorathy-picks-nengi-as-deputy-hoh/
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Earlier this month, Apple revealed that the iPhone 12 is delayed. However, it now looks like the tech giant may have accidentally revealed the launch date for the new range. Back in June, we learned that Apple is making some big changes to future iPhones. To start, reports say that most of the accessories will be removed from phone boxes. This is in efforts to offset production costs for the new iPhone. Currently, all iPhone models come with a power adapter, a charging cable and a pair of EarPods. However, TF Securities analyst Ming-chi Kuo believes that Apple will end its production of the 5W and 18W power adapters and will remove most accessories from iPhone boxes. Instead, the company will ask consumers to purchase its new 20W power adapter as an optional accessory. Now, it looks like Apple may have accidentally unveiled the surprise launch date for the iPhone 12. Although it has not been confirmed by the tech company yet, Apple is reportedly holding a streaming rehearsal for the iPhone 12 in early September. Preparations for the stream were shared on YouTube and one user noticed the minor detail revealing the stream’s date. Apple is preparing to host the event on Sept. 10 which, coincidentally, is the same date last year’s iPhone 11 launched. As well, new photos of the iPhone’s innovative design have been shared. The phones come in various colors including white, black, green, yellow, purple and red. With a 5.4-inch display, the iPhone 12 will also have much smaller bezels than the iPhone 11 and iPhone XR. This is due to the fact that the new phone will have high-resolution OLED display. Apple may have just leaked the surprise iPhone 12 launch Now that the phone’s design has been unveiled, case manufacturers are in a rush to create cases in time for the reported launch. According to Forbes, a lot of new cases went on sale this past week. “They originate from smartphone case maker Skech,” Forbes’ Gordon Kelly says. “Which should add to their credibility because case makers get access to new iPhone chassis designs and dimensions early, so they can start working on their accessories. That said, case makers don’t receive information on the exact camera module layout or the notch, since these details are not crucial to their products. This means the dummy units use last year’s designs there as placeholders.” According to various reports, the iPhone 12 starts at $699 for the regular model while the Pro and Max models range from $999 and $1099. See more photos - https://www.mmgnews.com/apple-may-have-just-leaked-the-surprise-iphone-12-launch/
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Stop sending children to schools in Northern Cyprus, NIDCOM warns parentshttps://www.google.com/amp/s/punchng.com/stop-sending-children-to-schools-in-northern-cyprus-nidcom-warns-parents/%3famp=1
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Kanye West is having one of the worst meltdowns of his life. He’s having a Twitter fight with his wife, Kim Kardashian and mother in law Kris Jenner. Kim Kardashian West is reportedly so furious with husband Kanye West’s public statements about almost aborteding their seven-year-old daughter, that she wants him to drop out of the presidential race or she may divorce him. Kanye, 43, made the private revelation about the couple’s first child, North, during his debut, presidential campaign political rally in Charleston, South Carolina, Sunday. https://www.mmgnews.com/extra-news/kanye-west-goes-on-twitter-rant-fighting-kim-kardashian-kris-jenner/
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