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European Super League shelved as more clubs withdraw

The European Super League collapsed on Wednesday as eight of the 12 founding members from England, Italy and Spain abandoned the breakaway project. The project collapsed after it came under massive pressure from fans, politicians, football officials and even the British royals. Founder and Juventus chairman Andrea Agnelli told Reuters he was reluctantly calling time on the new league. This was after six English clubs withdrew on Tuesday, with Inter Milan and Atletico Madrid following suit and AC Milan indicating they would too. “The voices and the concerns of fans around the world have clearly been expressed about the Super League, and AC Milan must be sensitive to the voice of those who love this wonderful sport,” the Italian club said in a statement. Agnelli said he still believed in the...

Iran says 60% enrichment meant to show nuclear prowess, is reversible

Iran began enriching uranium to 60% purity in order to show its technical capacity after a sabotage attack at a nuclear plant, and the move is quickly reversible if the United States lifts sanctions, the Iranian government said on Tuesday. Talks in Vienna aimed at bringing the United States and Iran back to full compliance with a 2015 nuclear deal have been further complicated by an explosion at Iran’s main uranium enrichment facility at Natanz. Iran has responded by saying it is enriching uranium to 60%fissile purity, a big step towards weapons-grade from the 20% ithad previously achieved. The 2015 pact between Iran and world powers had capped the level of enrichment purity at 3.67% – suitable for generating civilian nuclear energy. Iran denies seeking a nuclear weapon. “The start of 60% ...

Borussia Dortmund chief confirms BVB, Bayern Munich reject Super League

Borussia Dortmund CEO Hans-Joachim Watzke has confirmed that both Dortmund and Bayern Munich are against the formation of a Super League. Plans to launch a Super League were announced by 12 of Europe’s leading clubs late on Sunday night. However, they do not have the support of either of Germany’s two biggest clubs. “The members of the European Club Association (ECA) gathered for a virtual conference on Sunday evening and confirmed the board decision of last Friday remains valid,” Watzke said in a statement released on Dortmund’s website. “This decision means the clubs wanted to implement the planned reform of the Champions League. It was the clear opinion of the members of the ECA board to reject the plans to form a Super League. “Both German clubs who are represented on the ECA board, Ba...

Apple Music pays one penny per stream

Engadget Apple Music’s payment rate for artists and labels is fundamentally a penny per stream, according to a letter from the company posted on its artist dashboard and first reported by the Wall Street Journal. That payment rate is higher than Spotify, which has a confusing variable rate scheme that basically tops out at a half-penny per stream. Announcing a penny-per-stream rate is a nice PR win for Apple Music, since it is 1. very simple and 2. Spotify hates talking about its per-stream payments, which the company insists are a misleading figure. Seriously, it just launched an entire website called Loud&Clear last month designed to help artists and fans understand how payments work, and a good chunk of it is devoted to explaining why per-stream rates are not the right thing to focu...

U.K. to open first LGBT+ retirement home as market grows

Britain’s first LGBT+ retirement home is set to open in mid-2021, the housing association behind the London riverside apartments said, highlighting a growing market of older people who do not want to be forced back in the closet. There is a critical need for housing for older LGBT+ people, said Anna Kear, Chief Executive of Tonic Housing, as many say it would be “terrifying” to live in a predominantly straight home where other residents did not accept them. “People say that if they get to that stage, they would rather (die by) suicide than go into a heterosexual care home or sheltered housing environment, which is just awful,” she told the Thomson Reuters Foundation. With an ageing population, the demand for specialist housing for older people is growing, with private retirement units acco...

Official: Why CCB denies Nigerians access to public officers’ assets information

The Code of Conduct Bureau (CCB) on Wednesday explained why it denies Nigerians access to the details of the assets declared by public officers. The chair person of the bureau, Muhammad Isah, also disclosed that assets declaration would soon become online-based. Mr Isah, represented by his special assistant, Mustapha Musa, spoke in Lagos at a meeting on ‘Promoting Transparency and Accountability in Asset Declaration by High-Ranking Public Officers’. Newsmen report that the meeting was organised by the Socio-Economic Rights and Accountability Project (SERAP). On access to public officers’ assets information, the CCB chair said the bureau never honoured citizens’ requests for such information because the National Assembly had yet to give the guidelines for such public disclosure. He said the...

NBS: Nigerian government, states’ debt profile rise to N32.92 trillion

Nigeria’s total public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. It made the revelation in its Nigerian Domestic and Foreign Debt report for Quarter Four, 2020, obtained from its website on Monday in Abuja. It added that the debt profile was for the States and the Federal Government. According to the bureau, Nigeria’s total public debt showed that N12.71 trillion or 38.60 per cent of the debt was external, while N20.21 trillion or 61.40 per cent of the debt was domestic. “Further disaggregation of Nigeria’s foreign debt showed that 17.93 billion dollars of the debt was multilateral, 4.06 billion dollars was bilateral from the African Development Bank (AfDB), Exim Bank of China, Japan International Cooperation Agency (...

Suez Canal Authority says stranded ship partially refloated

The stranded container ship that blocked the Suez Canal for nearly a week was almost fully re-floated on Monday and has restarted its engines, a shipping source with knowledge of the matter said, raising hopes the busy waterway will soon be reopened. The 400-metre (430-yard) long Ever Given has been straightened in the canal and will undergo initial inspections before being moved, two sources said. Video posted on social media appeared to show the ship’s stern had swung around, opening space in the canal. Other footage, which could not be immediately verified by Reuters, included cheering and ships’ horns sounding in celebration. Ship-tracking service VesselFinder has changed the ship’s status to under way on its website. The Ever Given became jammed diagonally across a southern section of...

Commodities trading: SEC issues new rules on warehousing, collateral management

File Photo In a bid to ensure a vibrant commodities trading ecosystem, which would in turn boost foreign exchange earnings for the country, the Securities and Exchange Commission (SEC) has released new rules covering warehousing and collateral management, among others. According to the rules, every warehouse that stores commodities to be traded on a registered exchange shall apply to be registered by the SEC, while the commission shall maintain a register of all registered warehouses to be published on its website. The new rules also provide that any warehouse applying for registration shall submit proof of ownership or registered-lease deed or rent agreement, alongside a disclaimer from the owner of the warehouse/property providing waiver of ownership regarding commodities stored in such ...

Nigerian government alerts health institutions of fake coronavirus vaccine in circulation

The Ministry of Health has alerted all tertiary health institutions in Nigeria of the circulation of fake COVID-19 vaccine in Africa and the need to be on the lookout. The ministry also dispelled any possibility of COVID-19 vaccines being available for sale or being administered by any unauthorised institution in the country. This was contained in a circular issued by the ministry’s Director, Department of Hospital Services, Dr. Adebimpe Adeblyi, on behalf of the minister, Osagie Ehanire. The circular dated March 26, 2021, a copy of which our correspondent sighted on Saturday was addressed to Chief Medical Directors/Medical Directors of federal tertiary health institutions. Titled “Report of fake COVID-19 vaccine destined for Africa arrested in China,” the circular has C.1693/P&P/T/22 ...

Interpol: Fake coronavirus vaccines are being sold online

The International Criminal Police Organisation (INTERPOL) has warned against the purchase of COVID-19 vaccines online. INTERPOL noted that criminals have started producing and selling fake vaccines through online platforms. The law enforcement organisation, in a statement published on its website, said members of the public that purchase such fake vaccines are at risk of serious health hazards. “With criminal groups producing, distributing and selling fake vaccines, the risks to the public are clear: these can include buying a product which not only does not protect against COVID-19, but poses a serious health hazard if ingested or injected. Such products are not tested, regulated or safety-checked,” the statement read. “Legitimate vaccines are not for sale. They are strictly administered ...

Apple discontinuing two configurations of its 21.5 inch iMac

Apple recently discontinued the iMac Pro, and two configurations of the 21.5-inch iMac are now joining the Pro in retirement. As spotted by MacRumors, the 512GB and 1TB SSD configurations of the 21.5-inch iMac are no longer available for purchase, with only the 256GB SSD and 1TB Fusion drive versions available to buy on Apple’s website. Both configurations appeared unavailable for purchase on Apple’s website as of last month, but at the time it was not clear if that was a supply issue or a permanent discontinuation of the two options. But now both the 512GB and 1TB SSD options are gone from the iMac configuration page, MacRumors notes. A big iMac redesign has been rumored in the works for some time. Apple is expected to replace the 27-inch and 21.5-inch versions of the iMac with a redesign...