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Top Iran Commander, Qasem Soleimani Killed by US In Baghdad Raid

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Top Iranian commander Qasem Soleimani was killed Friday in a US strike on Baghdad’s international airport, prompting Tehran to vow “revenge”, dramatically upping the stakes in bitter tensions between Tehran and Washington.

The Pentagon said US President Donald Trump ordered Soleimani’s “killing”, after a pro-Iran mob this week laid siege to the US embassy.

Iran’s supreme leader Ayatollah Ali Khamenei swiftly vowed to take “severe revenge” for Soleimani’s death, the biggest escalation yet in a feared proxy war between Iran and the US on Iraqi soil.

As the US embassy urged all American citizens to leave Iraq “immediately”, Trump tweeted out a picture of the US flag without any explanation.

Early Friday, a volley of missiles hit Baghdad’s international airport, striking a convoy belonging to the Hashed al-Shaabi, an Iraqi paramilitary force with close ties to Iran.

Just a few hours later, the Revolutionary Guard Corps announced Soleimani “was martyred in an attack by America on Baghdad airport this morning.”

The Hashed confirmed both Soleimani and its deputy chief Abu Mahdi al-Muhandis were killed in what it said was a “US strike that targeted their car on the Baghdad International Airport road.”

The Hashed is a network of mostly-Shiite armed units, many of whom have close ties to Tehran but which have been officially incorporated into Iraq’s state security forces.

 ‘Major decapitation strike’ 

Muhandis was the Hashed’s deputy chief, but was widely recognised as the real shot-caller within the group.

Soleimani headed the Islamic Revolutionary Guard Corps’ Quds Force and also served as Iran’s pointman on Iraq, visiting the country in times of turmoil.

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Both were sanctioned by the United States.

The Pentagon said Soleimani had been “actively developing plans to attack American diplomats and service members in Iraq and throughout the region.”

It said it took “decisive defensive action to protect US personnel abroad by killing Qasem Soleimani,” but did not specify how.

Iran’s Foreign Minister Mohammad Javad Zarif slammed the US strike as “extremely dangerous and a foolish escalation,” as Khamenei declared three days of mourning.

The Iraqi prime minister said the strike was a “flagrant violation” of a security accord with the US, warning it will “spark a devastating war in Iraq.”

And a paramilitary group urged its fighters to be on high alert.

“All resistance fighters must be ready, as an upcoming conquest and a great victory await us,” said Qais al-Khazali, the head of Asaib Ahl al-Haq, in a handwritten note seen by AFP.

Militiaman-turned-cleric Moqtada Sadr also reactivated his Mahdi Army, nearly a decade after dissolving the notoriously anti-American force.

But there were daring celebrations in Tahrir Square, the epicentre of a three-month protest movement that has slammed the Iraqi government as corrupt and beholden to Tehran.

“Oh Qasem Soleimani, this is a divine victory,” demonstrators chanted as some danced in the streets.

Trump ‘changed the rules’ –

Analysts said the strike would be a gamechanger in the tensions between Iran and the US.

“Trump changed the rules -— he wanted (Soleimani) eliminated,” said Ramzy Mardini, a researcher at the US Institute of Peace.

Soleimani “didn’t appreciate that his actions of threatening another hostage crisis at the (US) embassy changed the way things were going to be done,” Mardini said.

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Phillip Smyth, a US-based specialist in Shiite armed groups, described the strike as “the most major decapitation strike that the US has ever pulled off.”

He told AFP it would have “bigger” ramifications than the 2011 US operation that killed Al-Qaeda chief Osama bin Laden and the 2019 American raid that killed Islamic State group Abu Bakr al-Baghdadi.

“There is no comparison,” Smyth added.

But others said it remains unclear how Iran could respond to the blow.

“A lot of the focus is on what is the price that the US is gonna pay and how Iran will retaliate against the US,” said Fanar Haddad of the Singapore University’s Middle East Institute.

The developments come after an unprecedented attack on the US mission in Baghdad.

A mob of Hashed supporters surrounded the US embassy on Tuesday angered by American air strikes that killed 25 fighters from the network’s hardline Kataeb Hezbollah faction, which is backed by Iran.

The US had acted in response to a rocket attack days earlier that had killed an American contractor working in Iraq.

Trump had blamed Iran for a spate of rocket attacks targeting US forces as well as the siege at the embassy, saying: “They will pay a very BIG PRICE! This is not a Warning, it is a Threat.”

US lawmakers however were not told in advance of Friday’s attack, House Foreign Affairs Committee chairman Eliot Engel said in a statement.

Ties between the US and Iran have deteriorated since Washington pulled out of the landmark nuclear deal with Tehran in 2018.

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It then reimposed crippling sanctions on Iran, aiming to choke off its oil exports.

Oil prices soared following Friday’s attack, with Brent surging 4.4 percent to $69.16 and WTI jumping 4.3 percent to 63.84.

The attack threatens to destabilise Iraq, which has close political and military ties with both Tehran and Washington.

The United States led the 2003 invasion against then-dictator Saddam Hussein and has worked closely with Iraqi officials since.

But its influence has waned compared with that of Tehran, which has carefully crafted personal ties with Iraqi politicians and armed factions, even during Saddam’s reign.

AFP

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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