Wednesday, January 27We Break the News

INTERNATIONAL

Jan262021 by TUMUTEGYEREIZE WILBERNo Comments
Farmers’ demonstrations in Delhi turn violent as protestors clash with the police

Farmers’ demonstrations in Delhi turn violent as protestors clash with the police

AFRICA, INTERNATIONAL, WORLD
Groups of protesting farmers entered the historic Red Fort and hoisted flags after clashing with police officers in the national capital. The farmers' agitation has been going on for over two months as the stand-off between the government and the farmers continues over the new agriculture laws, enacted in September, to deregulate the farming sector. - Farmers have been protesting for over two months over farm reforms, enacted in September - These reforms were meant to deregulate the agriculture sector, allowing farmers to sell to buyers beyond government-regulated wholesale markets - Small farmers fear the changes will mean the end of guaranteed minimum prices for their crops and leave them at the mercy of big retailers - The agitating farmers had called for a tractor rally in Delhi on...
Read More
Jan232021 by TUMUTEGYEREIZE WILBERNo Comments
Joe Biden appoints Pete Buttigieg to become America’s first ever gay cabinet minister

Joe Biden appoints Pete Buttigieg to become America’s first ever gay cabinet minister

INTERNATIONAL, POLITICS, USA
Pete Buttigieg has been picked for a top role in Joe Biden’s new administration in a move that would make him America’s first openly gay Cabinetsecretary.The former mayor of South Bend, Indiana, who fought the President-elect for the 2020 Democratic nomination, is set to become transportation secretary.Mr Biden hailed the 38-year-old as “a leader, patriot, and problem-solver” as he announced the pick on Tuesday night.“He speaks to the best of who we are as a nation,” he wrote on Twitter.Mr Buttigieg said he was “honoured” to have been asked to fill the role.“This is a moment of tremendous opportunity—to create jobs, meet the climate challenge, and enhance equity for all,” he said.He is the first of Mr Biden’s Democratic rivals for the presidency to land a role in his Cabinet, and is in li...
Read More
Jan232021 by TUMUTEGYEREIZE WILBERNo Comments
President Joe Biden signs an executive order demanding the immediate release of Britney Spears from her conservatorship.

President Joe Biden signs an executive order demanding the immediate release of Britney Spears from her conservatorship.

Entertainment, INTERNATIONAL, POLITICS, USA
What’s the current status of Britney Spears’ conservatorship? To understand what’s currently happening with Spears’ conservatorship, we have to go back to early 2019. That March, two months after Spears canceled her Las Vegas Domination residency and announced an “indefinite work hiatus,” Wallet abruptly resigned from his position as co-conservator alongside Spears’ father. Wallet did not provide a specific reason for his resignation but wrote in court filings that the “conservatorship is engaged in numerous ongoing business activities requiring immediate attention” and it was therefore in Spears’ best interest that his resignation be accepted without delay. “Substantial detriment, irreparable harm and immediate danger will result to the conservatee and her estate if the relief requ...
Read More
Jan222021 by TUMUTEGYEREIZE WILBERNo Comments
South African Stocks Drop, Oil Drops 2% on Demand Concerns, South African Rand Weakens, European Equities Extend Losses on Friday.

South African Stocks Drop, Oil Drops 2% on Demand Concerns, South African Rand Weakens, European Equities Extend Losses on Friday.

AFRICA, Business, EUROPEAN UNION, INTERNATIONAL, USA, WORLD, World Bank
South African Stocks DropThe FTSE/JSE All Share Index in South Africa fell 0.4% to around 63,912 on Friday, as investors paused for breath after a massive rally driven by hopes of additional fiscal stimulus in the US. At the same time, renewed concerns over increased restrictions and escalating coronavirus infections weighed on market sentiment. Oil Drops 2% on Demand ConcernsOil was down almost 2% on Friday, retreating further from 11-month highs hit in the previous week, with the WTI trading around $52 a barrel and Brent about $55 a barrel amid mounting fears over COVID-19 social restrictions, particularly in China, the world’s biggest oil importer. A new wave of coronavirus infections in China led to lockdowns in the Hebei province and authorities are asking people to stay at home d...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
Norway Industrial Sentiment Strongest in 1-1/2 Years, Malaysia Shares Turn Lower, Chinese Yuan Trades Flat, Danish Consumer Confidence Weakens in January

Norway Industrial Sentiment Strongest in 1-1/2 Years, Malaysia Shares Turn Lower, Chinese Yuan Trades Flat, Danish Consumer Confidence Weakens in January

AFRICA, BREAKING NEWS, Business, EUROPEAN UNION, INTERNATIONAL, USA, WORLD, World Bank
Norway Industrial Sentiment Strongest in 1-1/2 YearsNorway's industrial confidence indicator increased to a 6-quarter high of 3.1 in Q4 of 2020 from a revised 2.0 in the previous period. Industrial sentiment has exceeded the historical average of 2.9 for the first time since Q2 of 2019. The industrial morale indicator was positive for both the majority of producers of intermediate goods and consumer goods, while it was still negative for producers of capital goods. The general outlook for Q1 of 2021 is overall somewhat positive, and the proportion with an optimistic view for the coming quarter is higher than in the previous survey, with producers of intermediate and consumer goods have positive expectations. The industry leaders report that total production volume is expected to be at the...
Read More
Jan212021 by TUMUTEGYEREIZE WILBER15 Comments
European Equities Jump, DAX Rises Towards New Record,Indonesia Leaves Monetary Policy Unchanged,Stocks in Denmark Hit All-time High,Singapore Stocks Rise 0.5%,British Futures Higher on Biden’s Optimism,European Shares Seen Higher as Biden Sworn In,Little Action Expected from the ECB in January

European Equities Jump, DAX Rises Towards New Record,Indonesia Leaves Monetary Policy Unchanged,Stocks in Denmark Hit All-time High,Singapore Stocks Rise 0.5%,British Futures Higher on Biden’s Optimism,European Shares Seen Higher as Biden Sworn In,Little Action Expected from the ECB in January

AFRICA, BREAKING NEWS, Business, EUROPEAN UNION, INTERNATIONAL, USA, World Bank, World Health Organization
European Equities Jump, DAX Rises Towards New RecordEuropean stocks traded comfortably higher Thursday, with Frankfurt's DAX 30 climbing above the 14,000 level and moving closer to an all-time high hit two weeks ago, while other major indices gained between 0.4% and 0.8%. Investors across the world hoped for more stimulus after Joe Biden was sworn in as the 46th US president, paving the way for the approval of a massive $1.9 trillion aid spending plan in the coming days. Traders in Europe also awaited the outcome of the ECB monetary policy meeting later today as they seek the ECB's views on euro strength and on how much of its emergency stimulus "envelope" it might spend. Indonesia Leaves Monetary Policy UnchangedThe Bank Indonesia kept its key 7-day reverse repurchase rate unchanged a...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
Norwegian Krone Hovers Around 1-1/2-Year High,Stocks in Finland Hit All-time High,South African Rand Hovers Around 2-Week High,Euro Flat Ahead of ECB Policy Announcement

Norwegian Krone Hovers Around 1-1/2-Year High,Stocks in Finland Hit All-time High,South African Rand Hovers Around 2-Week High,Euro Flat Ahead of ECB Policy Announcement

AFRICA, BREAKING NEWS, Business, EAST AFRICA, EUROPEAN UNION, INTERNATIONAL, USA, WORLD, World Bank
Norwegian Krone Hovers Around 1-1/2-Year HighThe Norwegian krone traded around 8.47 per dollar on Thursday, having touched one of its strongest levels since March 2019 earlier in the session, as investors await the outcome of the Norges Bank's monetary policy meeting. Last month, officials left interest rates unchanged and said they would remain at record-low levels until there were clear signs that economic conditions are normalizing. Stocks in Finland Hit All-time HighOMX Helsinki 25 increased to an all-time high of 4828 South African Rand Hovers Around 2-Week HighThe South African rand strengthened for a fourth consecutive day to trade at 14.9 against the greenback on Thursday, its highest level since January 5th, boosted by hopes of a massive fiscal stimulus following the inaugu...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
AMERICA’S PRESIDENTS SINCE INDEPENDENCE 1789-2021

AMERICA’S PRESIDENTS SINCE INDEPENDENCE 1789-2021

INTERNATIONAL, POLITICS, USA, WORLD
YEARPRESIDENTFIRST LADYVICE PRESIDENT1789-1797George WashingtonMartha WashingtonJohn Adams1797-1801John AdamsAbigail AdamsThomas Jefferson1801-1805Thomas JeffersonMartha Wayles Skelton Jeffersondied before Jefferson assumed officeAaron Burr1805-1809Thomas Jeffersonsee aboveGeorge Clinton1809-1812James MadisonDolley MadisonGeorge Clinton1812-1813James MadisonDolley Madisonoffice vacant1813-1814James MadisonDolley MadisonElbridge Gerry1814-1817James MadisonDolley Madisonoffice vacant1817-1825James MonroeElizabeth Kortright MonroeDaniel D. Tompkins1825-1829John Quincy AdamsLouisa Catherine AdamsJohn C. Calhoun1829-1832Andrew JacksonRachel Jackson [Rachel Donelson Jackson died before Jackson assumed office and did not serve as first lady]John C. Calhoun1833-1837Andrew JacksonRachel Jackson [R...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
22nd Amendment to the United States Constitution

22nd Amendment to the United States Constitution

INTERNATIONAL, POLITICS, USA, WORLD
Amendment XXII Section 1. No person shall be elected to the office of the President more than twice, and no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of the President more than once. But this article shall not apply to any person holding the office of President when this article was proposed by the Congress, and shall not prevent any person who may be holding the office of President, or acting as President, during the term within which this article becomes operative from holding the office of President or acting as President during the remainder of such term. Section 2. This article shall be inoperative unless it shall have been ratified a...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
China Shares Climb 1.9%

China Shares Climb 1.9%

AFRICA, Business, INTERNATIONAL, WORLD, World Bank
The Shanghai Composite Index jumped 66 points or 1.9% to a near six-year high of 3,633 on Thursday at around 02:00 PM Shanghai time, amid fresh optimism after Joe Biden’s inauguration. Traders were upbeat that Beijing will continue to provide the support needed for its continued economic recovery this year. The PBoC today injected CNY 250 billion into the market after holding left its key interest rates steady for the 9th month at its January fixing on Wednesday. Further adding the bullish tone, the WHO plans to approve several COVID-19 vaccines from Western and Chinese manufacturers in the coming weeks and months. Meantime, there were 144 new infections on Wednesday in the mainland, the highest number of daily new cases since March 1st. Gainers were almost broad-based, led by basic mater...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
Australian Shares Hit Fresh 11-Month Highs

Australian Shares Hit Fresh 11-Month Highs

AFRICA, Business, INTERNATIONAL, WORLD, World Bank
The ASX 200 lifted 53.30 points or 0.79% to 6823.70 Thursday, closing at fresh 11-month highs after advancing 0.41% in the previous session as strong employment data instilled confidence that the country’s economy was firmly on the path to recovery, while broader risk-on cues boosted investor appetite. Afterpay and Zip Co climbed 5.67% and 23.08% respectively as US futures rallied to record highs overnight after Joe Biden’s inauguration ceremony. In local data, the seasonally adjusted unemployment rate fell to 6.6% in December, the lowest jobless rate since April, as the economy emerged gradually from the COVID-19 shocks, while the Westpac-Melbourne Institute Index of Consumer Sentiment fell by 4.5% to 107.0 in January from 112.0 in December, amid domestic border closures, the recent emer...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
“I go from this majestic place with a loyal and joyful heart, an optimistic spirit, a supreme confidence that for our Country & for our children, the best is yet to come-Donald J. Trump (During his farewell speech)

“I go from this majestic place with a loyal and joyful heart, an optimistic spirit, a supreme confidence that for our Country & for our children, the best is yet to come-Donald J. Trump (During his farewell speech)

INTERNATIONAL, POLITICS, USA
Trump's farewell address touts legacy, doesn't acknowledge Biden "I just want to say goodbye, but hopefully it's not a long-term goodbye. We'll see each other again," said Trump in farewell speech. US President Donald Trump and first lady Melania Trump have departed the White House for the final time, ahead of Joe Biden's inauguration.
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
Trump’s Farewell Speech at Joint Base Andrews in Maryland

Trump’s Farewell Speech at Joint Base Andrews in Maryland

INTERNATIONAL, POLITICS, USA
Trump departed for Mar-a-Lago on Air Force One at 8:59am. He arrived at Joint Base Andrews in Maryland shortly after 8:30am to a 21-gun salute and gave a farewell speech to the crowd. President Trump farewell speech at Joint Base Andrews Trump said "this has been an incredible four years. We have accomplished so much together. ... People have no idea how hard this family worked," he said, pointing to his children. "They could have had a much easier life. ... Our first lady has been a woman of great grace and beauty and dignity, and so popular with the people."He then turned the mic over to Melania Trump. "You will be in my thoughts and prayers. God bless you all, God bless your families, and God bless this beautiful nation," she said.Trump returned to the mic, saying "what else has ...
Read More
Jan212021 by TUMUTEGYEREIZE WILBERNo Comments
President Biden’s Full Inauguration Speech, Annotated

President Biden’s Full Inauguration Speech, Annotated

INTERNATIONAL, POLITICS, USA
President Biden delivered this address on Wednesday after taking the oath of office. These are his remarks. Chief Justice Roberts, Vice President Harris, Speaker Pelosi, Leader Schumer, Leader McConnell, Vice President Pence, distinguished guests, and my fellow Americans. This is America’s day. "This is America's day. This is democracy's day. A day of history and hope." "Today we celebrate not the triumph of a candidate but of a cause. The cause of democracy. ... This hour, my friends, democracy has prevailed." "We come together as one nation, under God, indivisible, to carry out the peaceful transfer of power as we have for more than two centuries." "We still have far to go. We'll press forward with speed and urgency. ... Much to repair, much to restore, much to heal, ...
Read More