PHOTO NEWS: Adeosun, Elumelu, Others At IMF/World Bank Meeting

The Minister of Finance, Mrs Kemi Adeosun and the Central Bank Governor on Sunday left Nigeria for Washington DC to join other economic experts from around the world in discussing issues affecting global economy.

The discussions is taking place under the auspices of the World Bank Group and the International Monetary Fund (IMF).

The Spring Meetings of the IMF and the World Bank will bring together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organisations and academics.

They will discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.

Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world’s financial system.

Below are some pictures from the meeting.



S/Africa: Ex-President Zuma, 76, Takes 24-yr-old Lady As 7th Wife

Seventy-six-year-old former president of South Africa, Jacob Zuma, is set to marry for the seventh time.

His bride-to-be is 24-year-old Nonkanyiso Conco, who confirmed to TimesLIVE that she and the embattled former president are set to wed.

“Yes‚ we are getting married‚ but that is all I can say. I need to consult before I give any interviews‚” she told the South African website.

Conco is a director of the Pietermaritzburg-based Nomkhubulwane Culture and Youth Development Organisation‚ aimed at protecting the cultural practices of young Zulu women.

Conco reportedly resides in the plush Ballito Estate Hilltop‚ home to some of the city’s most well-heeled residents. She would be Zuma’s youngest bride‚ at 52 years his junior.

Zuma‚ who has always been a proponent of polygamy‚ is currently married to Gertrude Sizakele Khumalo‚ Thobeka Madiba-Zuma and Bongi Ngema-Zuma.

He is divorced from Nkosazana Dlamini-Zuma and separated from Nompumelelo MaNtuli Zuma.

Oil Price Rises To $74 Per Barrel

Oil prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually draw down excess supplies.

Brent crude oil futures were up at 73.79 dollars per barrel at 0440 GMT.

U.S. West Texas Intermediate (WTI) crude futures down 2 cents at 68.40 dollars a barrel.

Both Brent and WTI hit their highest levels since November 2014 on Thursday, at 74.75 and 69.56 dollars per barrel respectively. WTI is set for its second weekly gain.

Oil prices have been pushed up by a gradually tightening market.

Led by top exporter Saudi Arabia, the Organization of Petroleum Exporting Countries (OPEC), has been withholding production since 2017 to draw down a global supply overhang.

The tighter oil market is feeding into refined products.

Oil supply tightness is also a result of healthy oil demand.

Beyond OPEC’s supply management, crude prices have also been supported by an expectation that the United States will re-introduce sanctions on OPEC-member Iran.

Barbara Bush For Burial On Saturday

Former first lady Barbara Bush’s funeral will be held on Saturday. Bush, who was also the mother of President George W. Bush, died Tuesday at age 92.

First lady Melania Trump will attend the funeral. “Mrs. Trump intends to pay her respects to Barbara Bush and the entire family at the funeral on Saturday,” her spokeswoman, Stephanie Grisham, said Wednesday. The White House has not said whether President Trump will attend the funeral, but the flags at Mar-a-Lago and Trump International have been lowered to half mast in her honor. \

Saturday’s funeral is by invitation only. The public is invited to pay their respects as Bush lays in repose at St. Martin’s Church in Houston on Friday, according to the Bush family’s official funeral announcement.

“My dear mother has passed on at age 92. Laura, Barbara, Jenna, and I are sad, but our souls are settled because we know hers was. Barbara Bush was a fabulous First Lady and a woman unlike any other who brought levity, love, and literacy to millions,” former president George W. Bush wrote in a statement Tuesday night.

“To us, she was so much more,” the statement continued. “Mom kept us on our toes and kept us laughing until the end. I’m a lucky man that Barbara Bush was my mother. Our family will miss her dearly, and we thank you all for your prayers and good wishes.”

Bush was the second woman in history to be the wife of one president, George H.W. Bush, and the mother of another, George W. Bush. Abigail Adams was married to John Adams and was the mother of John Quincy Adams. Bush’s family announced on Sunday that she would not be receiving additional medical treatment, and instead was seeking comfort care for unspecified medical conditions.

CBS

Trump, Obama, Clinton, Others Mourn Barbara Bush

U.S. President Donald Trump and First Lady Melania, former Presidents and first ladies Barack Obama and Michelle, and Bill Clinton and Hillary were among dignitaries that have mourned former First Lady Barbara Bush.

Spokesman for the family, Jim McGrath, announced Barbara’s death on Tuesday evening at the age of 92, after a series of recent hospitalisation.

Trump ordered flags be flown at half mast in her honour.

The president recalled Bush for her commitment to spreading literacy, and as an “advocate of the American family.”

“She will be long remembered for her strong devotion to country and family, both of which she served unfailingly well,” Trump said in a statement.

Vice-President Mike Pence praised Bush as an inspiration to others, highlighting her devotion to her family.

The Obamas said: “We’ll always be grateful to Mrs. Bush for the generosity she showed to us throughout our time in the White House, but we’re even more grateful for the way she lived her life.

“As a testament to the fact that public service is an important and noble calling; as an example of the humility and decency that reflects the very best of the American spirit”.

Former President Bill Clinton, who defeated George H.W. Bush in the 1992 election, said Bush was a “remarkable woman” who was “fierce and feisty” in support of her family, friends, her country and her causes.

“She showed us what an honest, vibrant, full life looks like,” Clinton said.

Speaker of the House of Representatives. Paul Ryan said: “Barbara Bush holds a revered place in the hearts of generations of Americans. She so loved her family and our country”.

Former Vice President Joe Biden fondly remembered Bush for her wit, intelligence and love of her family and country.

Biden said in a statement: “Her tireless work as a champion for global literacy will be just one legacy she leaves behind.

“The others will be her unshakable faith, her devotion to service and her beloved family, in which she instilled that same great love of country and public service.”

Former Vice President Al Gore, who lost the presidency to George W. Bush, said Barbara was “a pillar of strength for her family and was much admired in our country”.

“Both the wife and the mother of a U.S. President, she will be remembered for her service, pragmatism, and strong, kind spirit,” he said.

Canada’s Prime Minister Justin Trudeau also reacted to Barbara’s death.

“Always a friend to Canada, Barbara Bush leaves a legacy of dignity, grace, service and devotion to family.

“Sophie and I send our deepest condolences to Presidents George H.W. and George W. Bush, their family, and to all Americans,” Trudeau said.

Politicians across the aisles also mourned the death of Barbara, recalling the former first lady for her dedication to her country and family.

The matriarch of the Bush family, Barbara was the second woman to ever have her husband and son both serve as president.

She served as first lady during the presidency of her husband, George H.W. Bush while her oldest son was elected president in 2000 and served two terms.

Her younger son, Jeb Bush, served two terms as governor of Florida, and ran an unsuccessful presidential campaign for the Republican nomination in 2016.

Barbara Bush, Matriarch of US Political Dynasty, Dies At 92

Barbara Bush, the former US first lady and literacy campaigner, has died at the age of 92.
She was the matriarchal figure of a political dynasty that included two presidents – her husband George HW Bush and son George W Bush.
Mrs Bush, who was first lady from 1989 to 1993, had been in failing health for some time and had declined further medical treatment.
Tributes to her poured in from across the US political establishment.
Her husband, at 93, is the longest-lived US president. Their son, George, was elected in 2000 and served two terms as the nation’s 43rd president.

He said in a statement: “My dear mother has passed on at age 92. Laura, Barbara, Jenna, and I are sad, but our souls are settled because we know hers was. Barbara Bush was a fabulous First Lady and a woman unlike any other who brought levity, love, and literacy to millions.”

Mr Bush said his mother had “kept us on our toes and kept us laughing until the end”, adding: “I’m a lucky man that Barbara Bush was my mother. Our family will miss her dearly, and we thank you all for your prayers and good wishes.”
A statement from the office of her husband described her as a “relentless proponent of family literacy”.
Mrs Bush was also the mother of Jeb Bush, who served as governor of Florida from 1999 to 2007 and unsuccessfully ran for the White House in 2016.
As first lady, Mrs Bush went beyond the traditional role of a political spouse, founding the Barbara Bush Foundation for Family Literacy to help parents and children from disadvantaged communities to read and write.
‘Family rock’
She was a fierce advocate of civil rights and went against many of her husband’s Republican party supporters with her more liberal view on abortion rights.
In a statement from the White House, President Donald Trump said Mrs Bush would be long remembered for her devotion to country and family, “both of which she served unfailingly well”.

George HW Bush and Barbara Bush were married for 73 years
Barack and Michelle Obama described her as “the rock of a family dedicated to public service” and as “an example of the humility and decency that reflects the very best of the American spirit”.
Another former US president, Bill Clinton, said Mrs Bush was “feisty in support of her family and friends, her country and her causes”.
He said he and Hillary Clinton would “never forget the courtesy she and President Bush showed us”.
Mrs Bush was known for her snow-white hair and was dubbed “The Silver Fox” by her family.
She once dismissed speculation that she had influenced her husband during his time in the White House, saying: “I don’t fool around with his office and he doesn’t fool around with my household.”

As first lady, Barbara Bush met leaders from around the world
Mrs Bush also sparked a debate on gender equality in 1990 with an address to the all-women Wellesley College.
She told graduates: “Who knows, somewhere out in this audience may even be someone who will one day follow in my footsteps and preside over the White House as the president’s spouse and I wish him well.”
George HW Bush, who served as the 41st US president, suffers from a form of Parkinson’s disease and uses a wheelchair.

It was recently announced that Mrs Bush had declined further medical treatment after a series of hospital visits, but the statement did not reveal the nature of her ailments.
She said she wanted to spend her last days in “comfort care” with her family.
Mrs Bush was born Barbara Pierce, the daughter of Marvin Pierce, publisher of McCall’s magazine. She grew up in Rye, New York.

New York Times, New Yorker, Washington Post, Reuters Win Pulitzer Prizes

The New York Times and The New Yorker won the Pulitzer Prize for public service on Monday for explosive reporting that brought down Harvey Weinstein and spawned a cultural watershed on the issue of sexual harassment.

The prestigious prize was awarded to the Times team led by Jodi Kantor and Megan Twohey and New Yorker contributor Ronan Farrow, for reports that disgraced the Hollywood mogul and sparked an avalanche of accusations against other powerful men.

Since the Times and New Yorker articles last October, more than 100 women have publicly accused the producer of misconduct ranging from sexual harassment to rape, sparking the #MeToo movement that has seen a string of influential men lose their jobs and reputation.


Weinstein’s marriage has ended, he has been under police investigation in London, Los Angeles and New York, hit by a litany of civil lawsuits and his former production company has been forced to file for bankruptcy.

Farrow, 30, is the son of actress Mia Farrow and film director Woody Allen, and something of a prodigy who has previously fronted his own television show, worked in Afghanistan and Pakistan for late US diplomat Richard Holbrooke, and formerly advised then Hillary Clinton on global youth issues when she was secretary of state.

The former Rhodes scholar, who graduated from Yale Law School at just 21, has sided with his sister Dylan’s claims that Allen molested her when she was seven. Allen has repeatedly denied the allegations.

Reuters also celebrates its own Pulitzer Prizes
“So so so proud,” tweeted Mia Farrow minutes after her son’s award was announced. Ronan Farrow paid tribute to his co-winners and The New Yorker.

“This moment gets called a reckoning, but we just started telling the truth about old abuses of power. Thanks to all who keep doing so,” he wrote on Twitter to his nearly half a million followers.

The 102th edition of the Pulitzer Prizes were announced at Columbia University in New York by administrator Dana Canedy at a time when the US news media still under assault from the White House for peddling “fake news.”

Canedy praised the winners but also counselled the media to do more to improve trust with a skeptical public and to work harder to include more varied gender and racial perspectives.

– ‘Most trying of times’ –
The Washington Post won the Pulitzer in the investigative category for relentless reporting seen as having influenced the outcome of the 2017 Senate race in Alabama, revealing Republican candidate Roy Moore’s alleged past sexual harassment of teenage girls.

Moore’s opponent Doug Jones won the race last December, becoming Alabama’s first Democratic senator in 25 years and dealing a humiliating blow to President Donald Trump’s Republican administration.

The New York Times and The Washington Post shared the national reporting prize for furthering understanding of Russian interference in the 2016 election, and the connections between Russian actors and the Trump campaign, his transition team and administration, Canedy said.

“Winners uphold the highest purpose of a free and independent press even in the most trying of times,” she announced.

“These courageous, inspiring and committed journalists and their news organizations are undaunted in their mission in support of the fourth estate.

“It is a mandate that has been under a seemingly relentless assault of late but that remains central to a healthy democracy,” she added.

Reuters won the 2018 prize in international reporting for coverage of Philippine President Rodrigo Duterte’s war on drugs. Reuters also won in the feature photography category for its coverage of the Rohingya crisis.

The prize for breaking news photography went to Ryan Kelly of The Daily Progress for a chilling image that captured the moment of impact by a car at a racially-charged protest in Charlottesville, Virginia that left one woman dead last August.

The Pulitzer for fiction went to Andrew Sean Greer for “Less” about growing older and love. The history prize was awarded to “The Gulf: The Making of An American Sea,” and the prize in drama for “Cost of Living” by playwright Martyna Majok.

Kendrick Lamar Wins Pulitzer For Album, DAMN..

Rapper, Kendrick Lamar has broken the records by winning  the Pulitzer Prize for Music for his album, DAMN..

He becomes the first non-classical or jazz artist to receive the honour, Rolling Stone reported.

The Pulitzer board announced Lamar’s  selection on Monday, calling the 2017 LP “a virtuosic song collection unified by its vernacular authenticity and rhythmic dynamism that offers affecting vignettes capturing the complexity of modern African American life.”

Last August, Lamar spoke to Rolling Stone about his creative mindset behind DAMN. “The initial goal was to make a hybrid of my first two commercial albums,” he said.

“That was our total focus, how to do that sonically, lyrically, through melody – and it came out exactly how I heard it in my head. … It’s all pieces of me. My musicality has been driving me since I was four years old. It’s just pieces of me, man, and how I execute it is the ultimate challenge. Going from To Pimp a Butterfly to DAMN., that shit could have crashed and burned if it wasn’t executed right. So I had to be real careful on my subject matter and how I weave in and out of the topics, where it still organically feels like me.”

Last year, the Nobel Prize in Literature also crossed over into mainstream pop music, awarding their prestigious medal to Bob Dylan. The singer received a $900,000 prize during a small private ceremony in Stockholm after submitting his speech to the Swedish Academy.