Economy
Montenegro court rejects extradition order for crypto tycoon
A Montenegro appeals court on Friday reversed an order to extradite cryptocurrency entrepreneur Do Kwon to South Korea -- where he is wanted over the multi-billion-dollar collapse of the Terraform Labs company. The Appeals Court of Montenegro said it had accepted "the appeals of the accused Kwon Do-hyung and his defence attorneys, revoking the decision of the High Court in Podgorica".
Deathtrap cable cars spook Turkey's intrepid tea farmers
You need to be part daredevil to live in the spectacularly steep hills overlooking the Black Sea where Turkey grows its tea. Many of his neighbours in tea growing villages above the coastal city of Rize in northeast Turkey make similarly perilous trips to and from their precipitous fields every day in thousands of primitive gondolas.
Ex-regulator confirmed as new chief of Brazil's Petrobras
Brazil's state-run oil company, Petrobras, confirmed former regulator Magda Chambriard as its new chief executive Friday, 10 days after left-wing President Luiz Inacio Lula da Silva sacked her predecessor. Petrobras said its board had named Chambriard as a member and elected her chief executive, effective immediately.
Celebrations as new biopiracy treaty agreed at UN
Representatives of Indigenous peoples celebrated Friday at the United Nations following the agreement of a treaty against the pillaging of their traditional knowledge and genetic resources, like those from medicinal plants.
Paris Orly air controller strike sparks mass cancellations
The French civil aviation authority said Friday it had ordered airlines operating at Paris Orly airport to cancel 70 percent of flights ahead of a weekend air traffic controller strike.
Falling UK energy bills grab election spotlight
Britain's energy regulator on Friday announced a fall in household bills from July, catapulting a key cost-of-living issue into the second day of general election campaigning. The announcement comes two days after Prime Minister Rishi Sunak fired the starting gun on a July 4 general election -- with his governing Conservatives far behind the main opposition Labour party in opinion polls.
Naira reverses gain after 4-day winning streak, crashes in official and parallel markets
The Nigerian currency the naira has reversed its gains after appreciating against the US dollar for four days straight to trade at N1,485.55 per dollar.
Norway struggles to keep ultra-rich tempted by exile
You can check out -- but you still have to pay! To pay a wealth tax which can exceed their yearly income, entrepreneurs often need to take out dividends, hampering their company's capacity to invest.
CBN removes list of approved BDCs, clarifies new licensing guidelines
The Central Bank of Nigeria (CBN) has removed the names of approved BDC operators from its website after asking them to obtain new operational licenses.
Economy
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