For the first time in almost two decades, one U.S. dollar is equal to one euro. After nearly 20 years of the euro being superior to the dollar, both currencies reached parity on Tuesday, July 12.
As at Tuesday, 1 EUR equals 1 USD. The shift means European companies and consumers will pay more for the goods and services they import, while European exports become immediately cheaper in international markets.
The euro has experienced a dramatic loss of value since early February when it was worth over $1.13.
Cristiano Ronaldo has reportedly been offered a £250million megadeal to finish his career in Saudi Arabia.
With the Portuguese star’s Manchester United future uncertain, an unnamed Middle East club have apparently offered the 37-year-old an eye-watering amount of cash to join them.
The lucrative package also includes £20m for Ronaldo’s representative Jorge Mendes.
United paid Juventus an initial £12.85m to bring Ronaldo back to Old Trafford last summer, with the player signing a two-year contract with the option of a third.
Despite the 24 goals scored by Ronaldo in all competitions, United endured a difficult season and could only qualify for the Europa League by finishing sixth in the Premier League.
It has resulted in Ronaldo asking to be sold this summer if the right offer comes in although United manager Erik ten Hag has insisted he isn’t for sale.
Ronaldo is not currently with the rest of the United squad on their pre-season tour of the Far East and Australia on compassionate grounds.
Ten Hag refused to discuss Ronaldo’s future when asked in a press conference as United arrived in Melbourne for two fixtures.
‘We made a statement and nothing has changed,’ said Ten Hag ahead of Friday’s friendly match against A-League outfit Melbourne Victory at the MCG.
Speaking before United’s 4-0 win over Liverpool in Bangkok earlier this week, Ten Hag slammed the door shut on Ronaldo’s attempts to leave Old Trafford.
Three people have died from a mysterious Ebola-like disease in Tanzania.
Authorities in the East African nation — just south of Kenya — have called the outbreak ‘strange’.
Health chiefs have now been dispatched to investigate the illness, which has struck 13 people in total.
Symptoms include fever, headaches, fatigue and bleeding — especially from the nose.
Tanzania has never before recorded a case of Ebola or Marburg, two deadly viruses known to cause bleeding.
Yet neighbouring countries, including the Democratic Republic of Congo and Uganda, have in the past.
None of the 13 Tanzanian patients, who live in the southern Lindi region, have tested positive for either of the haemorrhagic viruses.
Covid swabs also came back negative, according to the country’s ministry of health.
Tanzania’s chief medical officer Aifello Sichalwen said one of the patients had fully recovered while the others were being isolated.
He added: ‘The government formed a team of professionals who are still investigating this unknown disease.’
Tanzania’s President Samia Suluhu Hassan said the ‘strange’ disease may have been caused by ‘growing interaction’ between humans and wild animals.
Both Marburg and Ebola, known to spread between humans, can be carried by fruit bats.
Ghana — located on Africa’s west coast — last week reported two suspected cases of the Marburg virus, which kills up to 90 per cent of infected patients.
The patients were not known to each other, suggesting the disease is spreading more widely.
Carlo Sdralevich, leader of the IMF negotiation team in Ghana, has reaffirmed the government’s narrative that Ghana’s economic hardship is partly a result of the ongoing Ukraine-Russia war as well as the COVID-19 pandemic.
Sdralevich, after meeting the various stakeholders in the country concluded that Ghana's fiscal and debt situation has severely worsened following the COVID-19 pandemic.
He admitted that Russia's invasion of the territories of Ukraine is also hitting hard at a time when the country is still recovering from the COVID-19 pandemic shock.
Carlo Sdralevich said, “Ghana is facing a challenging economic and social situation amid an increasingly difficult global environment. The fiscal and debt situation has severely worsened following the COVID-19 pandemic. At the same time, investors' concerns have triggered credit rating downgrades, capital outflows, loss of external market access, and rising domestic borrowing costs.
“In addition, the global economic shock caused by the war in Ukraine is hitting Ghana at a time when the country is still recovering from the Covid-19 pandemic shock and with limited room for manoeuvre. These adverse developments have contributed to slowing economic growth, accumulation of unpaid bills, a large exchange rate depreciation, and a surge in inflation.
Sdralevich expressed commitment “to support Ghana at this difficult time, consistent with the IMF’s policies”.
The team from the International Monetary Fund (I\MF) have been in Ghana after President Nana Addo Dankwa Akufo-Addo called the Managing Director, Kristalina Georgieva, seeking an extended credit facility for the country.
The Carlo Sdralevich-led team arrived in Ghana on Tuesday, July 5 and started engagements the following day.
They met Vice President Dr Alhaji Mahamudu Bawumia, staff of the Ministry of Finance, and the sector minister, Ken Ofori-Atta.
The team also met with the Parliament’s Finance Committee, civil society organisations, and development partners, including UNICEF and the World Bank, to engage in social spending.
Police in Kenya has arrested a woman who allegedly stabbed her husband to death during a fight over a mobile phone at a bar in Homa Bay county.
The suspect, Cyndy Trinic, was arrested on Wednesday afternoon, July 13, after killing her 31-year-old husband identified as Charles Okoth Onyango. Onyango was an employee of the county government of Homa Bay. He died at the scene after being seriously wounded on the chest.
According to witnesses, the deceased walked to the bar located along Homa Bay-Kendu Bay Road and ordered some drinks. He was seated alone at a corner when a woman later joined him before she started drinking as well. It turned out that it was his wife.
As both were drinking, an argument ensued between them. It is alleged that the suspect was asking for Onyango’s mobile phone. Her intention was to read text messages that the deceased had been receiving. But Onyango is reported to have declined to let go of this phone and instead began faulting the suspect for questioning him.
What started as a simple conversation between the couple later turned out to be a quarrel that attracted the attention of other people who were not interested in listening to their row.
Homa Bay town location Chief Joshua Ochogo, who confirmed the incident said the couple was acting under the influence of alcohol. “They were drunk and their actions were controlled by alcohol,” he said. At the time the argument got to its peak, the woman withdrew a knife and stabbed Onyango on the chest.
She had carried the knife in her handbag and appeared to have been prepared to kill. Mr Ochogo said the suspect stabbed the deceased once before he collapsed and died. Homa Bay Sub county Police Commander Sammy Koskeyi said investigation into the incident is ongoing.
“The suspect is in custody as investigators look into what led to their disagreement,” he said. The body of the deceased was taken to Homa Bay County teaching and referral hospital mortuary.
Ivana Trump, Donald Trump‘s first wife and the mother of his three oldest children, has died, the former president said Thursday.
“I am very saddened to inform all of those that loved her, of which there are many, that Ivana Trump has passed away at her home in New York City,” the former president said in a post on his social media platform, Truth Social. “She was a wonderful, beautiful, and amazing woman, who led a great and inspirational life. Her pride and joy were her three children, Donald Jr., Ivanka, and Eric. She was so proud of them, as we were all so proud of her. Rest In Peace, Ivana!”
Ivana Trump was 73. Her cause of death is unknown.
The New York City Fire Department said it responded to a report of cardiac arrest at Ivana Trump’s Manhattan home on Thursday and the person was dead when authorities arrived.A city official told NBC News there was no indication of any foul play and that her body would be taken to the Medical Examiner’s office to determine cause of death.
A former model who was born in Czechoslovakia, the former Ivana Zelnickova married then-businessman Donald Trump in 1977, and held key positions inhis businesses, including the Trump Organization, during their 15-year marriage. The couple had three children — Donald Trump Jr., 44, Ivanka Trump, 40, and Eric Trump, 38.
In a statement, the Trump children remembered their mother as “an incredible woman — a force in business, a world-class athlete, a radiant beauty, and caring mother and friend.”
“Ivana Trump was a survivor. She fled from communism and embraced this country. She taught her children about grit and toughness, compassion and determination. She will be dearly missed by her mother, her three children and ten grandchildren,” they wrote.
Eric Trump told reporters, “It’s been a very sad day guys, a very sad day.”
Known as Ivana and The Donald in the city’s tabloids, their marriage came to a sensational end in 1992 after reports linked Donald Trump to model and actress Marla Maples, who would become Trump’s second wife. The messy divorce dominated the front pages of the city’s papers, but the pair remained close after the split.
“I have the direct number to White House,” she said in an interview on ABC’s “Good Morning America” in late 2017, months after her former husband became president. “But I’m not really going to call him there because Melania is there, and I don’t want to cause any kind of jealousy or something like that, because I’m basically first Trump wife, OK? I’m first lady, OK?”
Promoting her tell-all memoir, “Raising Trump,” Ivana Trump told CBS that same year that her ex-husband had offered her the U.S. ambassadorship to the Czech Republic, but she declined because “I like my freedom.”
Ivana Trump maintained a successful career following her split from Trump, running several of her own business ventures, including a cosmetics line, writing numerous books and authoring various advice columns. She also made a memorable cameo appearance in the 1996 comedy film “The First Wives Club,” in which she advised characters played by actresses Goldie Hawn, Diane Keaton and Bette Midler, “Don’t get mad, get everything!”
Ivana Trump married a total of four times. She married her fourth husband, Italian actor Rossano Rubicondi, at her ex-husband’s Mar-a-Lago resort in 2008. The service was presided over by Donald Trump’s sister, Maryanne Trump Barry, then a federal judge, and the future president was in attendance. The couple split months later, with Ivana Trump blaming the divorce from her two decades younger husband on the couple wanting to live in different cities.
She said in a statement at the time, “Que sera sera!” (Whatever will be, will be!)