Malawi president appoints economist Mwanamvekha as finance minister

BLANTYRE (Reuters) – Malawian President Peter Mutharika has appointed minister of agriculture Joseph Mwanamvekha, an economist and former banker, as finance minister in his new cabinet, the chief secretary to the government said on Wednesday. Mwanamvekha moves from Agriculture, Irrigation and Water Development where he was credited with boosting food security through surplus harvests of […]

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Yemen’s Houthis say they struck power station in Saudi’s Jizan province: Al Masirah TV

CAIRO (Reuters) – Yemen’s Iran-aligned Houthis said on Wednesday that they struck a power station in Saudi Arabia’s Al-Shuqaiq city, in Jizan province, with a cruise missile, the group’s Al Masirah TV said. There was no immediate confirmation from Saudi authorities. The Houthis, who ousted the Saudi-backed internationally recognized government from power in the Yemeni […]

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U.S. targets Russian firm for allegedly helping North Korea evade sanctions

WASHINGTON (Reuters) – The United States has sanctioned a Russian financial institution for allegedly helping North Korea evade financial sanctions by assisting a company linked to Pyongyang’s primary foreign exchange bank, the U.S. Treasury Department said on Wednesday. U.S. officials targeted Russian Financial Society and accused it of opening multiple bank accounts for Dandong Zhongsheng […]

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