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UN Chief Welcomes Exchange Of Inmates Between Ukraine And Russia—-UN Secretary-General, Antonio Guterres, has welcomed the exchange of 230 Ukrainian and 248 Russian prisoners of war between Ukraine and the Russian Federation.

This is the largest such exchange since the Russian Federation’s full-scale invasion of Ukraine.

Guterres, in a statement by his Associate Spokesperson, Ms Florencia Nino, on Thursday commended the efforts of both parties and the third-party facilitation by the United Arab Emirates that contributed to this positive development.

The secretary-general hopes that this important step will be followed by additional exchanges of prisoners of war, and by other de-escalation efforts.

The prisoner release was announced on Wednesday and was the first to take place for months.

The Russian ministry of defence said in a statement that 248 of its soldiers had been released while President Volodymyr Zelenskyy tweeted that a total of 230 Ukrainians had returned home, of whom six were civilians.

“We remember each and every one of our people, and we must return all of them,” he wrote on X.

There have been dozens of prisoner exchanges with more than 2,800 Ukrainian prisoners returned and at least 1,000 Russians, according to news reports.

The last reported exchange took place in August 2023, when 22 Ukrainian soldiers were released.

In response to the latest release, the statement from the UN chief said he hoped that this “important step” would be followed by additional exchanges, “and by other de-escalation efforts.”

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JUST IN: Donald Trump Threatens NATO Exit After Rift Over Iran War

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Donald Trump Threatens NATO Exit

JUST IN: Donald Trump Threatens NATO Exit After Rift Over Iran War—-US president Donald Trump brands alliance a “paper tiger” and lashes out at Britain as Keir Starmer defends NATO.

Donald Trump says he is strongly considering pulling the United States out of North Atlantic Treaty Organization after allies refused to support US military action against Iran.

In an interview with Britain’s Daily Telegraph, Trump described NATO as a “paper tiger” and said removing the US from the alliance was now “beyond reconsideration.” He accused European allies of failing to back Washington during the conflict with Iran and criticised their refusal to send warships to help reopen the Strait of Hormuz.

Trump also took aim at Britain, mocking the state of its navy and criticising Prime Minister Keir Starmer’s focus on renewable energy.

“You don’t even have a navy,” Trump said. “All Starmer wants is costly windmills.”

Starmer responded by insisting Britain remains fully committed to North Atlantic Treaty Organization, calling it “the single most effective military alliance the world has ever seen.” He said his government would continue to act in Britain’s national interest despite mounting pressure from Washington.

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BREAKING: Dangote Refinery Hikes Petrol And Diesel Prices Amid Economic Strain

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Dangote Refinery Hikes Petrol And Diesel Prices

BREAKING: Dangote Refinery Hikes Petrol And Diesel Prices Amid Economic Strain—-Dangote Petroleum Refinery has revised its ex-depot prices, increasing the gantry price of Premium Motor Spirit (PMS), or petrol, to ₦1,175 per litre, while Automotive Gas Oil (AGO), commonly known as diesel, has been raised to ₦1,620 per litre.

The latest revision marks the fourth consecutive price review in less than two weeks amid global market volatility, according to a report by Petroleumprice.ng.

Quoting industry sources, the report noted that the new pricing template has been communicated to marketers, following earlier adjustments this month.

Under the revised structure, the ₦1,175 per litre petrol price reflects a significant jump from the previous ₦995 per litre, while diesel has surged sharply from its prior ₦1,430 per litre level, underlining the continued upward trend in domestic fuel pricing.

The development is likely to have a ripple effect across Nigeria’s downstream petroleum market, as depot operators and fuel marketers adjust supply costs in response to the revised prices announced by the country’s largest refining facility.

The refinery had yet to issue an official statement on the development as of the time of filing this report.

Oil prices soared 30 per cent today on fears about supplies from the Middle East, as the US-Israeli war against Iran continued into a second week with no sign of letting up.

Fears grew that the Middle East conflict could last for some time after US President Donald Trump said only the “unconditional surrender” of Iran would end the war.

He added at the weekend that the spike in prices was a “small price to pay” to eliminate Iran’s nuclear threat, reiterating the White House’s insistence that the rise is temporary.

Since the beginning of the war, WTI is up more than 75 per cent and Brent more than 60 per cent.

Attacks on oilfields were reported in southern Iraq and in the northern autonomous Kurdistan region, which forced a US-run oilfield to cease production, while the United Arab Emirates and Kuwait have started reducing output.

That came with maritime traffic in the Strait of Hormuz — through which a fifth of global crude and gas passes — halted since the war began on February 28.

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