World News

Russian bailout wins Ukraine economic respite but deepens political rift

Ukraine’s President Viktor Yanukovich has secured a $15 billion bailout from Russia, offering respite for an economy heading ever closer to default but also drawing accusations he has sold his country out to its former Soviet master. By grasping the lifeline thrown by Russian leader Vladimir Putin, Yanukovich reignited demands […]

IMF Set Focus on Sustainable Growth of Members

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said its focused to help member countries achieve a sustainable growth. Christine Lagarde, Managing Director (MD) of the IMF said this in the Fund’s bi-annual work program considered by its executive board which identified a range of ctions needed […]

North Korea executes leader’s powerful uncle in rare public purge

North Korea has executed the powerful uncle of young leader Kim Jong Un, state media said on Friday, the biggest upheaval in years as the ruling dynasty sought to distance itself from responsibility for the isolated states’s dire living standards. Jang Song Thaek, considered the second most powerful man in […]