JUST IN: Russia Prime Minister Medvedev Resigns

'Dotun Akintomide
Writer

Ad

Global CEOs, Top Diplomats, Ministers, Governors, Industry leaders gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas, Minerals, Maritime Opportunities

By Abiola Olawale Following the official opening of the 80th Session of the United Nations General Assembly (UNGA80), New York, USA, high-level delegations from over a dozen countries, including global CEOs, top diplomats, ministers, governors, industry leaders will gather in New York to unlock the Gulf of Guinea’s over $800 billion Energy, Oil & Gas,…

Charted: Populations of China, India, U.S., and Europe (1950–2100)

Key Takeaways India is projected to remain the world’s most populous country through 2100, stabilizing around 1.5 billion people. China’s population is expected to fall by more than half, from 1.4 billion to 0.6 billion. Europe’s population will decline steadily, while the U.S. population grows gradually to 420 million. As global demographics continue to shift,…

Elon Musk drops to second place as AI boom powers Oracle’s Larry Ellison to world’s richest status

By Obinna Uballa Elon Musk has lost his long-held crown as the world’s richest person to Oracle co-founder Larry Ellison, following a record-breaking surge in Ellison’s net worth. According to Bloomberg’s Billionaire Index, Ellison’s fortune jumped by an unprecedented $101 billion on Tuesday night to reach $393 billion, surpassing Musk’s $385 billion. The windfall came…

Ad

Prime Minister of Russia, Dmitry Medvedev, submitted his resignation to President Vladimir Putin on Wednesday, Tass news agency reported.

Russian news agencies said Putin thanked Medvedev for his service but noted that the prime minister’s Cabinet failed to fulfill all the objectives set for it.

Reports say Putin plans to name Medvedev as deputy of the presidential Security Council.

Medvedev, a longtime close associate of Putin’s, has served as Russia’s prime minister since 2012. He spent four years before that as president in 2008-2012.

Putin asked the members of Medvedev’s Cabinet to keep working until a new Cabinet is formed.

Medvedev’s resignation followed Putin’s annual state of the nation address earlier Wednesday.

During his speech, the Russian leader proposed amending the constitution to increase the powers of prime ministers and Cabinet members.

The proposed move is seen as part of Putin’s efforts to carve out a new position of power for himself to stay at the helm after his current term as president ends in 2024.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp