Search Results for: financial crisis

Independent French reparations agency, Instance Nationale Indépendate de Reconnaissance et de Réparation (INIRR), reported that it has provided financial reparations to over 500 victims of sexual abuse perpetrated by clergy or leaders in the Catholic Church in 2023. INIRR’s 2023 report revealed that over 60 percent of victims are men, averaging an age of 61 years [...]

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The National Audit Office (NAO), in a report published Friday, revealed the UK government will pay at least £370 million to Rwanda under their obligations in the Migration and Economic Development Partnership (MEDP). As the UK’s independent public spending watchdog, the NAO audits and reports the government’s financial accounts in order to help improve public [...]

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Norwegian mass killer Anders Behring Breivik, found guilty of killing 77 people, mainly teenagers, in July 2011, lost his claim Thursday against the state to end his solitary confinement in prison. The trial for Breivik’s suit was held in January against the Norwegian Ministry of Justice over the conditions of his detention. The trial was [...]

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All of Sudan’s three main internet providers have been completely shut down, according to a Wednesday post from internet monitor Netblocks, significantly disrupting communications for individuals within conflict zones and those trying to escape violence. Beginning last Friday, this blackout has led to rising hunger and the looming threat of famine across various areas. The [...]

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The US Department of Treasury imposed sanctions Thursday on a Sudanese financial institution and two companies accused of funding belligerents in the ongoing civil war in the northeast African country. The sanctions involved Alkhaleej Bank, as well as development company Zadna International and metal ore company Al-Fakher Advanced Works. In a press release, the Treasury [...]

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Australia’s Minister for Foreign Affairs Penny Wong announced Thursday that the government was imposing additional sanctions on five entities with direct links to the Myanmar military. Targets of the sanctions include the Myanmar Foreign Trade Bank and the Myanmar Investment and Commercial Bank, two major banks that support the regime’s activities. The sanctions “are a [...]

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The Independent National Electoral Commission (CENI) of the Democratic Republic of Congo (DRC) misappropriated $400 million in state funds ahead of December elections, per an EU report. The report, issued Monday, highlighted a 25.1 percent increase in the expenses of the electoral body during the 2016-2019 and 2021-2024 electoral cycles. Also as per the report, [...]

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The US’s Biden administration moved Wednesday to designate the Houthi rebels, Ansar Allah, as a Specially Designated Global Terrorist (SDGT) group, the latest effort to cut the group’s financial resources in response to attacks on shipping lanes in the Red Sea and Gulf of Aden. The designation will take effect on February 16. Officials stressed [...]

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