Postal traffic to the United States plunged more than 80 percent following Washington's imposition of new tariffs, with 88 operators worldwide fully or partially suspending services, the Universal Postal Union said Saturday. "Furthermore, 88 postal operators informed the UPU they have suspended some or all postal services to the US until a solution is implemented," it said.
A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to Buenos Aires in a decade-long international legal saga. To partially satisfy the outstanding sum, Preska on Monday ordered Argentina to transfer its 51 percent stake of YPF to an intermediary, with instructions that the shares then be handed over to the plaintiffs.
US President Donald Trump's administration is "ignoring the scientific consensus to benefit polluters," hundreds of Environmental Protection Agency employees said in a letter of dissent Monday, accusing the government of undermining the EPA's core mission.
Streaming giant Netflix said Monday it will soon allow viewers to binge rocket launches and spacewalks through a partnership with US space agency NASA. "Whether you're a die-hard space nerd or someone who just really, really enjoys seeing Earth glow from 250 miles up, the countdown has officially begun," Netflix said in a blog post announcing the new NASA+ feed.
The White House said Monday that Canadian Prime Minister Mark Carney had "caved" to President Donald Trump, after Canada dropped a tax on US tech firms that prompted Trump to call off trade talks. Prime Minister Carney and Canada caved to President Trump and the United States of America," Press Secretary Karoline Leavitt said in a daily briefing.
Guests poured in through an entry gate on the ground floor of a castle. She paid the 1,500 naira ($1) entry fee, but seemed less keen on buying ride tickets.
Four former executives at South Africa's failing transport company were arrested and charged Monday over allegations of corruption worth millions of dollars in a high-profile case linked to the plunder of state resources. The web of corruption that hollowed out the companies is commonly referred to as "state capture" in South Africa.
The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy. "I try very hard to accommodate the issues of the United States," he said.
The naira showed resilience against the US dollar last week, climbing to N1,537 per dollar as the FX reserves rose, while crude oil prices hit a new high.
The tax expert explained that the poorest Nigerians will be exempt from tax under the new law and outlined which income earners are classified as poor.
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