Read the latest news from regional and global sources, presenting different voices and perspectives.
Millionaires on the Move: UK Braces for Historic Wealth Flight as Global Migration Peaks
A record-breaking 142,000 millionaires are projected to relocate internationally this year, with the UK expected to see the largest net outflow of high-net-worth individuals (HNWIs) by any country since international investment migration advisory...

Indosat Ooredoo Hutchison CEO Joins TM Forum Board, Driving AI Leadership
TM Forum, the leading global alliance of telco and tech companies, announced that Vikram Sinha, President Director & Chief Executive Officer of Indosat Ooredoo Hutchison (IOH) has been appointed to its Board of Trustees. Vikram’s appointment...
US Sanctions Iraqi-British National for Smuggling Iranian Oil
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions targeting networks involved in transporting and purchasing Iranian oil, including a group of companies led by Iraqi businessman...

Ruble-linked stablecoin A7A5 drew attention for high-value transfers
A relatively new ruble-denominated token, A7A5, is showing signs of usage for potential access to dollar liquidity and money laundering. The token carried $9.3B in swaps, mostly originating from whale wallets. A newly launched stablecoin A7A5,...

10 Breathtaking Beaches in Greece, Grouped by the Vibe You’re Chasing
Greece has enough beaches to make even your favourite Bintan resort feel like a sandbox. With thousands of islands and more coastline than you could ever realistically explore, it’s a paradise for every kind of beach-goer. Whether you’re planning...

Canada appears to be losing appeal for millionaires, report reveals
“2025 marks a pivotal moment,” says Dr. Juerg Steffen, CEO at Henley & Partners. “For the first time in a decade of tracking, a European country leads the world in millionaire outflows. This isn’t just about changes to the tax regime. It reflects...
U.S. International Trade in Goods and Services, May 2025
Explanatory Notes Goods (Census basis) Data for goods on a Census basis are compiled from the documents collected by U.S. Customs and Border Protection (CBP) and reflect the movement of goods between foreign countries and the 50 states, the...

Philippines reaffirms commitment to ratify, promote High Seas Treaty
MANILA, Philippines — The Philippines reaffirmed its commitment to the early ratification and entry into force of the Agreement on the Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement) in its...

After endless delays: Aviation giant returns to Israel
Lufthansa Group is set to restart its Israeli operations on August 1, marking the end of an extended suspension triggered by the Houthi missile incident and ongoing Iranian conflict. Air France has already resumed service, with its flagship Boeing...

Wine list of the week: Prince Arthur, Belgravia
Douglas Blyde dines at Belgravia boozer Prince Arthur, delving into a wine list “marshalled with generosity and surgical precision” which prioritises “finesse over force”. “The fresh prince of Belgravia,” said Hot Dinners, praising Prince Arthur...

World Bank Retains Nigeria in Lower-Middle Income Bracket, Below War-Torn Libya and Gabon
For the umpteenth time, the World Bank has classified Nigeria among Lower-Middle Income Economies (LMIEs) in its 2025/2026 country income classification, below war-torn Libya as well as Gabon. While Nigeria retained its position in the LMIEs, some...

Tech-free ‘cloisters’ can help young minds
Sir, I share Niall Ferguson’s concern about the catastrophic effect of AI upon cognitive development (“AI’s great brain robbery — and how universities can fight back”, weekend essay, Jul 5). Founding, in 2007, the UK’s only screen-free school, we...

World Bank Classifies Nigeria as Lower-Middle Income Economy, Below Libya and Gabon
Advertisements The World Bank has reaffirmed Nigeria’s status as a Lower-Middle Income Economy (LMIE) in its 2025/2026 country income classification, placing it below conflict-affected Libya and resource-rich Gabon. While Nigeria remains in the...

World Bank: Nigeria Stuck in Lower Middle Income Economy Below Libya, Gabon
*Stresses country not ranked among heavily indebted poor countries Dike Onwuamaeze For the umpteenth time, the World Bank has classified Nigeria among Lower-Middle Income Economies (LMIEs) in its 2025/2026 country income classification, below...

Pakistan, Afghanistan no longer part of World Bank’s South Asia region
The people cited above said Pakistan and Afghanistan will now be grouped under the bank’s Middle East and North Africa (Mena) region, which would leave the South Asia group with six countries—India, Bangladesh, Bhutan, the Maldives, Nepal and Sri...

Mauritius Unveils Budget 2025 with Focus on Growth Reforms
Steady Growth Forecast Amid Fiscal Reforms The Ministry of Finance (MoF), Mauritius forecasts a GDP growth rate of 3.9% in FY25 (FY2024/25) as per the recent Budget. This projection is more optimistic than the IMF growth projection, which stand at...

The Global Development Initiative setting the direction for countries seeking common development
Development is an enduring theme of human society and a crucial measure of progress in the modern era. For some time, the gap between the Global South and North has been widening, with challenges such as food security and energy security...

Want to speak “dolphin”?
Looks like Bill Murray and the crew from Steve Zissou: Denise Herzing and her team listening to dolphins Is Anyone Listening? A Marine Biologist’s 40-Year Conversation with Dolphins In 1985, marine biologist Denise Herzing set out on a six-week...

Crypto News Roundup: Bitcoin Flat as Fed Delays Cuts, Iran Crypto Hack Burns $90M, Solana ETF Filings Pile Up
It’s been a roller coaster week for the cryptocurrency market. Macroeconomic headwinds have kept prices range-bound, while geopolitical hotspots and institutional ETF activity have sent new signals across the space. From the Federal Reserve...

Nigeria SEC warns against unregistered crypto platform
Nigeria’s Securities and Exchange Commission (SEC) has issued a warning to the general public regarding the CMTrading trading platform. According to the regulatory agency, the platform is unregistered and as such is not fit to offer trading or...