After an impressive 52-year reign, Queen Margrethe II of Denmark, recognised as Europe's longest-serving monarch, declared her intention to abdicate on January 14. The throne will be inherited by her eldest son, Crown Prince Frederik.
Nobel Peace Laureate Muhammad Yunus Convicted in Bangladesh Labour Law Case
The Nobel Peace laureate Muhammad Yunus was convicted of violating Bangladesh's labour laws in a trial decried by his supporters as politically motivated.
Yunus, credited with lifting millions out of poverty with his microfinance bank, Grameen, earned the enmity of Sheikh Hasina, the long-time Prime Minister, who has accused him of sucking blood from poor people.
A labour court in the capital Dhaka convicted and sentenced them to "six months' simple imprisonment.
Chad Opposition Leader Masra is PM of Transitional Government
Chadian opposition leader Succes Masra who returned to the central African country following a deal with the ruling junta, was appointed as Prime Minister of the transitional government.
His appointment could be seen as a move by the junta to appease the opposition after a constitutional referendum in which most opposition political parties either called for a boycott or a no vote.
Masra, a staunch opponent of the junta which seized power in April 2021, fled the country after dozens were killed and hundreds injured as security forces cracked down on demonstrations in the capital N'Djamena on October 20, 2022.
Jan 01, 2024
Argentina Rejects BRICS Membership under President Javier Milei
Argentine President Javier Milei officially declined the invitation to join the BRICS (Brazil, Russia, India, China, South Africa) grouping of major emerging economies. The rejection was conveyed through letters sent to BRICS leaders, solidifying Argentina's decision to abstain from the bloc. The libertarian outsider, who assumed office after a significant electoral victory over traditional political parties, had pledged during his campaign not to align Argentina with BRICS.
President Milei's rejection was grounded in the assertion that Argentina's membership was not considered appropriate at this time. The letters emphasized a departure from the foreign policy approach of the previous administration, indicating a comprehensive review of decisions made earlier.
Dec 31, 2023
China Appoints New Defence Minister, 2 Months after Ousting Li Shangfu
China named former naval commander General Dong Jun, said to be a close confidant of President Xi Jinping, as the new Defence Minister, two months after the summary dismissal of General Li Shangfu without an explanation.
Dong, formerly the commander of the Chinese navy, was promoted to the rank of general in September 2021, making him one of the highest-ranking officers in active service.
Dec 30, 2023
GCC Inks Free Trade Deal With South Korea
The Gulf Cooperation Council (GCC) signed a free trade agreement with South Korea, its second trade deal this year (2023), as the six-member bloc intensifies efforts to boost investment ties with major economic partners in Asia.
South Korea will remove tariffs on almost 90% of all items, including liquefied natural gas (LNG), and other petroleum products, while the Gulf states will scrap tariffs on 76.4% of traded products and 4% of traded goods.
The FTA will also cover trade in goods, services, government procurement, as well as cooperation among small and medium-sized enterprises (SMEs), customs procedures, and intellectual property, among others.
Earlier this year (2023), the GCC - comprising Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain - signed a free trade agreement with Pakistan, advanced negotiations with China, and restarted talks with Japan.
Dec 28, 2023
UN Names Gaza Humanitarian Relief Coordinator after Aid Vote
The United Nations named a coordinator to oversee humanitarian relief shipments into Gaza as part of a U.N. Security Council resolution adopted to boost humanitarian aid.
Sigrid Kaag, the Netherlands' outgoing Finance Minister, will be the senior humanitarian and reconstruction coordinator for Gaza, the U.N. said.
In this role she will facilitate, coordinate, monitor and verify humanitarian relief consignments for Gaza. She will also establish a mechanism to accelerate aid into Gaza through countries not involved with the conflict.
A veteran U.N. diplomat, Kaag previously headed an international team of weapons experts charged with overseeing the elimination of Syria's chemical stockpile.
Gaza, is a polity and the smaller of the two Palestinian territories (the other being the West Bank). On the eastern coast of the Mediterranean Sea, Gaza is bordered by Egypt on the southwest and Israel on the east and north.