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Kim Kardashian pays $1.26 mn for unlawful crypto promo
US reality star Kim Kardashian has agreed to pay a $1.26 million fine after unlawfully pushing a cryptocurrency on Instagram without revealing that she was paid to do so, the Securities and Exchange Commission announced Monday. The fine includes a penalty of $1 million plus $260,000, representing the amount Kardashian paid plus interest, the SEC said in a statement.
'It's not upbeat': UK's Tory conference reels from U-turn
Protesters outside the British Conservative party's annual conference added an air of musical farce after the new government's signature economic policy was left in tatters Monday. Truss is due to close the conference on Wednesday, 22 years after her Tory predecessor Margaret Thatcher declared "the lady's not for turning" on her own economic platform.
Calls for more funding as pre-COP27 climate talks open in DR Congo
Warning "no-one will escape" a worsening crisis, DR Congo led calls on Monday for a surge in funding to brake global heating and fight its impacts at the start of pre-COP27 climate talks in Kinshasa. "Unless a global effort is made ... no-one will escape," Bazaiba warned.
OPEC+ tipped to make big cut in oil output
Major oil-producing nations led by Saudi Arabia and Russia are expected to make this week their biggest output cut since the start of the Covid pandemic in efforts to buttress prices. He said Saudi Arabia was currently producing 11 million barrels per day.
W. African bloc flies envoys to Burkina Faso after latest coup
Envoys from the West African bloc ECOWAS were heading to Burkina Faso on Monday after the jihadist-torn Sahel state underwent its second military coup in less than nine months. ECOWAS -- the Economic Community of West African States -- issued a statement welcoming "a peaceful settlement of their differences" and announced it would dispatch a delegation to Ouagadougou on Monday.
UK economy not out of woods despite tax U-turn
Britain's debt-fuelled economy remains threatened by recession and the pound mired by trouble despite the government of new Prime Minister Liz Truss performing a swift tax U-turn. UK gilts, or government bonds, remain supported by an emergency Bank of England intervention after yields rocketed following the debt-fuelled budget late last month.
Singapore proposes new law to tackle harmful online content
Social media sites could be blocked or fined in Singapore if they fail to stop users in the tightly-controlled country from accessing "harmful" content under a proposed law introduced in parliament on Monday.
Iran supreme leader blames US, Israel for Mahsa Amini protests
Iran's supreme leader Ayatollah Ali Khamenei on Monday accused arch-foes the United States and Israel of fomenting the wave of nationwide unrest sparked by outrage over the death of Mahsa Amini.
African playes in Europe: Partey ends his Arsenal goal drought
Ghana midfielder Thomas Partey scored his first Premier League goal since March for Arsenal, whose 3-1 derby win over Tottenham Hotspur at the weekend kept them top of the table. Here, AFP Sport highlights African headline-makers in the major European leagues: ENGLAND THOMAS PARTEY (Arsenal) He opened the scoring as the leaders enjoyed an impressive win against north London rivals Tottenham.
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