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On the cover of SATURDAY INDEPENDENT Newspapers for today, Saturday, 5th September 2020: Choice Of EFCC Chairman Divides Aso Rock. More stories inside. Read or download the full Independent ePaper for Saturday, 5th September 2020 –

COVID-19: Spanish Bankers Find $79bn Fix

Facing a mountain of pandemic-induced bad loans, two of Spain’s biggest banks want to merge to help cushion the blow. It’s a smart, preemptive move and a test case for regulators that are keen to encourage consolidation. Europe’s overbanked finance industry should pay attention. Investors are right to cheer the news. Shares in CaixaBank SA and …

Stop Meddling In Hong Kong Affairs – China Tells UN

hina issued a fierce rebuke Friday to UN experts who said a draconian national security law imposed upon Hong Kong poses a serious risk to the city’s freedoms and breaches international legal obligations. Beijing has faced a barrage of criticism over the legislation, imposed late June after pro-democracy protests rocked the semi-autonomous city last year. …

COVID-19: Ethiopia To Send Test Results Via Text Messages

Ethiopia on Friday unveiled a system through which people can receive their COVID-19 test results through text messages. People who test for the virus will receive the result on their phone within three hours, local broadcaster FANA quoted the Ethiopian Public Health Institute as saying. The institute’s regular hotline number, 8335, will be used to …

Modi Pitches India As ‘Trusted’ Business Partner As Virus Bites Economy

India’s Prime Minister Narendra Modi has said India is a perfect destination for investors as his government further eased restrictions to prop up the economy which shrunk by almost a quarter during the fast-spreading pandemic. Late Thursday, Modi told a US-India joint forum his government meant business. “It is a government, for which ease of living is …

Israel PM Approves US F-35 To UAE

Israeli Prime Minister Benjamin Netanyahu privately approved America’s sale of F-35 fighter jets to the UAE, despite coming out against the deal publicly,  the New York Times reported late yesterday, citing officials familiar with the negotiations. According to the report, Netanyahu chose not to try to block the deal during talks to establish diplomatic ties with the UAE. …

India’s Defence Minister Expresses Confidence In Russia’s Anti-COVID Vaccine

India’s Defence Minister Rajnath Singh, who is in Moscow for the Shanghai Cooperation Organisation (SCO) ministerial meeting, has expressed confidence in the efficacy of “Sputnik V” COVID-19 vaccine. Last week, India’s Health Secretary Rajesh Bhushan confirmed that the two countries were in communication, when asked by reporters whether New Delhi had been formally approached by Moscow over …

UAE Seeks Economic Peace With Israel, Despite Palestinian Frustration

The peace deal between Israel and the UAE is genuine, says an official from Abu Dhabi, stressing that his leadership has been tired of waiting for the Palestinians to wake up and is now determined to press ahead with the agreement for the benefit of the entire Middle East. While it is not yet clear …

Lukashenko Accuses Poland Of Fueling Belarus Protests

Lukashenko kept saying he won an August 9 presidential election by a landslide, but protesters say it was marred by massive vote-rigging allegations and have taken to the streets for more than three weeks demanding he step down. “The foreign influence is huge, it origins from Poland, Latvia, Lithuania and Ukraine – that is we are …

COVID-19: Madrid Introduces New Restrictions Amid Spike

The Madrid regional government is further restricting family reunions and social gatherings to curb a sharp spike in confirmed coronavirus cases as schools are set to reopen, although officials said that new infections in and around the Spanish capital were being brought under control. Authorities said an existing ban on outdoor meetings of more than …

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