Trump Praises Liberia Leader's 'GOOD ENGLISH' But Compliment Turns Into ‘Embarrassment'
Read More
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Deccan Herald
25 minutes ago
- Deccan Herald
Russian rouble weakens against US dollar after fresh EU sanctions
The Russian rouble weakened against the U.S. dollar and China's yuan on Friday after the European Union agreed on its 18th package of sanctions against Russia over its war in Ukraine, which included measures against the Russian energy industry. As of 1245 GMT, the rouble was 0.8% lower at 78.70 per U.S. dollar, according to data compiled by LSEG, based on over-the-counter quotes. The rouble is up about 45% against the dollar since the start of the year. The rouble, insulated from global financial flows by Russian currency controls and Western sanctions, remained strong despite a change in the attitude of U.S. President Donald Trump toward Russia in recent weeks. Analysts said the new EU sanctions will have little impact. The rouble is receiving support from more foreign currency sales by the central bank. "Sanctions will increase pressure on the Russian economy, but their effect may be limited. Russia will continue to reorient its exports towards Asia," Russian Agricultural Bank analysts said in a research note. The EU will set a moving price cap on Russian crude at 15% below its average market price, but Russia has so far managed to sell most of its oil above the previous price cap as the current mechanism makes it unclear who must police its implementation. The last time the rouble took a hit from Western sanctions was when the U.S. imposed sanctions on Gazprombank, which handled Russia's energy trade, in November 2024. The rouble rallied against all major currencies early this year, in large part due to hopes for a U.S.-mediated peace deal with Ukraine, which have since evaporated.
Time of India
38 minutes ago
- Time of India
Donald Trump sparks outrage by demanding Washington Commanders name reversal request
Donald Trump sparks outrage by demanding Washington Commanders name reversal request (Image via Getty) On July 20, 2025, President Donald Trump used his Truth Social account to call for an immediate change of the NFL's Washington Commanders back to the Washington Redskins and MLB's Cleveland Guardians back to the Cleveland Indians. He wrote that 'our great Indian people, in massive numbers, want this to happen' and urged team owners to 'GET IT DONE!!!' Trump argued that restoring the old titles would honour Indigenous heritage rather than erase it. US President Donald Trump urges Washington Commanders to return to Redskins name US President Trump's post appeared on Sunday, July 20, on Truth Social, a platform he launched after leaving office. He declared that the Washington 'Whatever's' must 'IMMEDIATELY change their name back to the Washington Redskins Football Team' and added that fans are clamouring for the move . He also insisted that the Cleveland Indians name carry more history than the current Guardians label, though baseball's 'original six' term applies to hockey, not baseball . Donald Trump said the renaming is not about disrespect but preserving 'heritage and prestige' for Native Americans. US President Donald Trump also wants Cleveland Guardians to bring back Indians name The football franchise began as the Boston Braves in 1932, became the Boston Redskins in 1933, and moved to Washington in 1937. The club used the Redskins name until 2020, briefly played as the Washington Football Team, then rebranded to Commanders in 2022 after criticism of the old name's offensiveness. Cleveland dropped 'Indians' and its 'Chief Wahoo' logo after 2021, adopting Guardians to respect calls against racial stereotypes. Both owners, Josh Harris of Washington and Chris Antonetti of Cleveland, have said they plan no further changes. Also Read: 'She Is Very Talented': Melania Trump Defied Donald Trump With Taylor Swift Praise While Travis Kelce Stood Loyal By Her Side Despite Donald Trump's request, neither franchise has signalled a reversal. Commanders owner Josh Harris told reporters in February that the new name embodies modern values and team spirit. Guardians president Chris Antonetti has similarly defended the current identity, saying it unites players and supporters under a fresh banner. FAQs 1. When did Donald Trump call for the Washington Redskins name return? On July 20, 2025, Trump posted the demand on Truth Social. 2. Why did the Redskins and Indians change their team names? They changed names due to criticism that the old names were offensive to Native Americans. 3. Who owns the Washington Commanders and Cleveland Guardians? Josh Harris owns the Commanders; Chris Antonetti leads the Guardians. Catch Rani Rampal's inspiring story on Game On, Episode 4. Watch Here!
Deccan Herald
40 minutes ago
- Deccan Herald
Oldest climate fund plans wildlife bonds across Africa
The world's oldest multilateral climate fund, the Global Environment Facility, is planning a new wave of wildlife conservation bonds in a bid to help African countries save endangered species and ecosystems. Wildlife bonds, which provide low-cost funding in return for cutting poaching or other measures, were pioneered in 2022 with a World Bank-backed rhino bond and have seen a number of other examples since. There was an issue targeting chimpanzee protection in Rwanda last year, and last month the GEF approved one for lemur conservation in Madagascar. Fred Boltz, head of programming at GEF, which is linked to the World Bank, told Reuters on the sidelines of a meeting of African environment ministers that it aims to do one for every one of the 54 countries in Africa. He said such a move would require an investment of $150 million from GEF, which would then be leveraged 10 times to provide a total of $1.5 billion for conservation efforts through other borrowing. Money borrowed using wildlife bonds does not typically go onto the books of beneficiary governments, meaning they can offer much-needed financing to poorer countries, climate finance experts say. They usually target emblematic species in order to appeal to specialist investors and wealthy philanthropists and their payouts are directly linked to conservation - the better the result the less the governments are usually required to pay out. But GEF now hopes they can be expanded to include entire ecosystems such as wetlands, Boltz said. The push by the fund, which was formed after the landmark Rio Earth Summit of 1992, comes as aid and development funding cuts by the United States and other major economies threatens some conservation projects. "Many countries are asking, are suggesting, that in this tough official development assistance environment, that maintaining the last level of (species) replenishment may be difficult," Boltz said, "and that we might need to try to do more with less". $7.7 billion investment The Global Environment Facility (GEF) has in total invested $7.7 billion in Africa in various projects, such as an $85 million effort to fight desertification in the Sahel region. It is currently urging donors to replenish its cash for its next four-year cycle of programmes, starting next year. Its last fundraising for its current cycle raised $5.3 billion - an increase of more than 30% from its last operating period amid a surge of support for international efforts to meet nature and climate targets. That funding round got money from 29 countries, with the U.S. among the biggest donors, contributing $700 million.
