Why we’re borrowing to construct roads

Why we’re borrowing to construct roads

The Minister of Works, David Umahi, has justified the federal government’s decision to borrow money from international financial institutions to fund road projects in Nigeria. Despite growing concerns over Nigeria’s rising debt profile, Mr Umahi insisted that borrowing remains necessary due to inadequate budgetary allocations for infrastructure development. He stated this on Friday in Abuja, … Read more

France’s Bayrou buys himself time with overture to Socialists – POLITICO

France’s Bayrou buys himself time with overture to Socialists – POLITICO

Another no-confidence vote The real test is further down the line when the 2025 budget bill returns to parliament, which could lead to another vote of no-confidence in late January. It’s likely then that the far right will vote against the government, so Bayrou needs to pick off enough left-wing MPs to survive without alienating … Read more

Protesters chanting ‘no to Nazis’ block access to AfD party congress – POLITICO

Protesters chanting ‘no to Nazis’ block access to AfD party congress – POLITICO

Delegates are also poised to give final approval to the AfD’s campaign manifesto. The draft version of the text advocates tougher immigration policies and Germany’s exit from the euro. The AfD is currently polling in second place, with around 20 percent of voters projected to back the policy. Weidel this week received the endorsement of … Read more

Westminster’s top books of 2024

Westminster’s top books of 2024

LONDON — There wasn’t a great deal of time for reading in Westminster this year. Labour’s election supermajority, dramas over freebies and staff, war everywhere, a tax-hiking budget, and a heap of missions, milestones, foundations, pillars and steps kept Britain’s politicians on their toes. But, thankfully, some of Westminster’s finest still managed to steal a … Read more

Kallas gave top EU official the ax and governments aren’t happy – POLITICO

Kallas gave top EU official the ax and governments aren’t happy – POLITICO

Juhansone, a former Latvian ambassador, who is currently the top EU official at the Commission, is a close ally of Commission President Ursula von der Leyen and her chief of staff Bjoern Seibert.  Should Juhansone clinch the top job at the EEAS it could be seen as a power grab by von der Leyen, who … Read more

Syrian rebels reportedly take control of half of Aleppo – POLITICO

Syrian rebels reportedly take control of half of Aleppo – POLITICO

The surprise attack that sent residents fleeing, according to reports, and injected fresh uncertainty to a region already been rocked by wars in Gaza and Lebanon involving Israel, and other conflicts, including the Syrian civil war that began in 2011. Aleppo has not been attacked by opposition forces since they were ousted from eastern neighborhoods … Read more

What the ‘show me the money’ climate summit tells us about the new Trump era – POLITICO

What the ‘show me the money’ climate summit tells us about the new Trump era – POLITICO

The U.S., meanwhile, declined to join a coalition including the European Union, Canada, Mexico, the U.K. and Norway that promised during the conference to embrace “ambitious” new climate plans by early next year. U.S. officials did not explain their absence from the effort, even though the Biden administration had helped orchestrate the pledge. Broadly, nations arrived unwilling to … Read more

Brussels is bursting out of its borders. That’s helping the rise of the right. – POLITICO

Brussels is bursting out of its borders. That’s helping the rise of the right. – POLITICO

Speaking Dutch is central to this, van den Broeck believes. “Dutch is part of our DNA” as Flemish people, he said. Migration drives shifts “Brussels has always been a multilingual city because it’s centered at the border between the Roman- and the German-speaking territories,” explained VUB researcher Saeys. Waves of migration after World War II … Read more

Spain sends 10,000 more soldiers and police to tackle historic floods

Spain sends 10,000 more soldiers and police to tackle historic floods

The Spanish government will deploy another 5,000 soldiers and 5,000 police officers to assist the flood-wrecked region of Valencia, Prime Minister Pedro Sánchez said on Saturday, as the death toll from this week’s natural disaster rose to 211 people. Citing it as the worst flood in Spain’s history, Sánchez acknowledged that current efforts were insufficient, … Read more

Fears grow that Israel is seeking to reopen Lebanon’s internal fault lines – POLITICO

Fears grow that Israel is seeking to reopen Lebanon’s internal fault lines – POLITICO

Even staunch Lebanese opponents of Hezbollah, who have long hoped to see the back of Iran’s most important regional ally, are recoiling at a military campaign that’s triggered the country’s biggest population displacement in over four decades. Oct 15 7 mins read Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator … Read more