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French Finance Minister To Shun Saudi Conference Over Missing Journalist

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French Finance Minister To Shun Saudi Conference Over Missing Journalist

French Finance Minister Bruno Le Maire added his name to a growing list of government ministers and prominent business executives cancelling their attendance at a Saudi Arabia investment conference over the fate of a Saudi journalist.

Le Maire said Saudi authorities needed to explain the disappearance of Jamal Khashoggi after he went to the Saudi consulate in Istanbul on Oct. 2.

Turkish officials have said they believe Khashoggi, a Washington Post columnist who was critical of the authoritarian kingdom’s Crown Prince Mohammed bin Salman, was murdered inside the consulate. The Saudis have denied the allegations.

“No, I will not be going,” Le Maire told Public Senat TV. “The allegations are serious”.

Paris and Riyadh enjoy close diplomatic ties and commercial relations spanning energy, finance and arms. Le Maire said he had informed his Saudi counterpart of his decision not to travel to Riyadh on Wednesday.

Asked if the move might jeopardize bilateral relations between the two countries, Le Maire said: “Absolutely not.”

U.S. Treasury Secretary Steven Mnuchin said his plans to attend an investment conference in Riyadh next week would be revisited on Thursday.

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Business News

Experts Support Trade Multilateralism

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Experts Support Trade Multilateralism

Several experts from different countries have voiced their support for multilateralism in trade.  They particularly pointed to china’s actions to promote cooperation based on win-win results.

Sanusha Naidu, a foreign policy analyst based in South Africa, said the recent G-20 summit has told the world the significance of multilateralism in trade which has played an active role for the global economy.

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World News

150 Nations Sign International Agreement On Migration

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150 Nations Sign International Agreement On Migration

More than 150 nations have signed a landmark international agreement on managing migration.

The UN pact, which is not legally binding, was adopted at a meeting in Marrakesh, Morocco, but it has been shunned by some countries including the U.S., Australia and at least six EU nations.

Its objectives include the integrated management of borders and giving migrants access to basic services.

Critics fear it will increase migration but the UN Secretary General Antonio Guterres said the pact was based on co-operation and regulating migration.

He called it a source of “collective shame” that 60,000 migrants had died on perilous journeys since 2000.

All 193 UN members, except the united states, finalised the pact five months ago

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Nigerian News

Nigeria Remains Third Most Terrorized Country In The World

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Nigeria Remains Third Most Terrorized Country In The World

Nigeria still holds the unenviable position as the third most terrorized country in the world.

The 2018 global terrorism index, released on Wednesday, says  this is as a result of the spate of terrorism in Nigeria.  It also points to what it called the “increase in violence involving Fulani extremists”.  The report says this is happening as deaths committed by Boko Haram are falling..

Nigeria is ranked only below Iraq and Afghanistan, both in first and second positions.

This year alone, hundreds of Nigerians have been killed in attacks by suspected herdsmen as well as clashes between the herders and farmers/communities.

States worst hit in the attacks are Plateau, Benue, Zamfara, Taraba and others.

The report also noted that, compared to the peak of “terrorist deaths” in 2014, “the largest falls in the number of deaths occurred in Iraq, Nigeria, and Pakistan.

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