Edo Guber: Assembly Deputy Speaker Kicked Out In Power Play

Hamilton Nwosa
Writer

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US Core Inflation Climbs to 2.9% In As Tariffs Weigh on Economy

By Obinna Uballa Core inflation in the United States rose to 2.9% in July, marking its highest level since February and signaling that tariffs are filtering through the economy, according to Commerce Department data released Friday.n The personal consumption expenditures (PCE) price index, the measure closely watched by the Federal Reserve Bank, showed core prices,…

Canadian Economy Shrinks 1.6% in 2nd Quarter As U.S. Tariffs Squeeze Exports

Canada's economy shrank in the second quarter by a much larger degree than expected as U.S. tariffs squeezed exports, but higher household and government spending cushioned some of the impact, Statistics Canada said on Friday. The GDP for the quarter that ended June 30 slowed by 1.6 per cent on an annualized basis, while first-quarter…

UK Banks stocks slide amid fears of tax hike as European markets dip

By Obinna Uballa In an era of growing global anxieties, British Banks stocks have tumbled amid concerns over a possible tax squeeze. This development saw NatWest dropped 4.7%, Lloyds 3.7%, and Barclays 3.4% after the Financial Times reported that U.K. bank executives fear Finance Minister Rachel Reeves could impose measures such as a profit surcharge…

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In what observers are presently connecting to the war of attrition presently going on in the state ahead of the looming governorship polls, the Deputy Speaker of the Edo State House of Assembly, Hon. Yekini Idiaye has been impeached.

Idiaye, who had only just announced the switching of his allegiance from the Obaseki/Shuaibu camp to the Oshiomhole/Ize-Iyamu side, was impeached on Wednesday during a plenary session of the Assembly in Benin City.idiaye impeached edo

Read also: Shutdown Threats: FG Set To Open Dialogue With Oil Communities – Deputy Gov.

The mood in the state ahead of the elections is indeed turbo charged and the election is being seen as a test of popularity between both sides that have long been at each other’s throat for several months now.

While Governor Obaseki is running on the platform of the Peoples Democratic Party, PDP, his principal challenger, Pastor Ize-Iyamu is the candidate of the All Progressives Congress, APC.

Curiously both men were also the star combatants in the 2016 contest, albeit on the alternating sides of the divide at that time.

The contest, along with that of Ondo which takes place also within the year, is being seen as a dress rehearsal for the 2023 General Elections.

Read also: Ondo 2020: How Gov Akeredolu, Deputy Went From Bickering To War

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