Tuesday, May 27News That Matters

Tag: daily chronicles

World Cup Kicks off With Stakes High For Host Qatar
Sports

World Cup Kicks off With Stakes High For Host Qatar

The World Cup kicked off in Qatar with the Muslim nation, which faced a barrage of criticism over its treatment of foreign workers, LGBT rights and social restrictions, staking its reputation on delivering a smooth tournament. Qatar's Emir Sheikh Tamrim bin Hamad al-Thani arrived at the stadium flanked by FIFA president Gianni Infantino, to a roaring crowd, and took their seats alongside other Arab leaders. A show then unfolded on the pitch, featuring three camels, American actor Morgan Freeman and a performance of a new tournament song called Dreamers featuring singer Jungkook of K-pop boy band BTS, alongside Qatari singer Fahad Al-Kubaisi. Saudi Arabia's crown prince and the presidents of Egypt, Turkey and Algeria, as well as the United Nations Secretary-General, are among ...
Sirisia MP John Waluke Freed On Ksh.10M Cash Bail
Politics

Sirisia MP John Waluke Freed On Ksh.10M Cash Bail

Sirisia Member of Parliament John Waluke has been freed on a Ksh.10 million cash bail by theCourt of Appeal pending appeal on his 67 jail time This comes after Waluke late last month appealed the jail term slapped on him by the High Court terming it as harsh and unwarranted. The legislator's sentencing came in the wake of a graft case in which he was accused of defrauding the National Cereals and Produce Board (NCPB) Ksh.313 million. The MP was charged alongside Grace Sarapay Wakhungu, and Erad Supplies & General Contracts Limited (Erad); a company where the two are shareholders. Waluke and Wakhungu, through the company, were supposed to supply 40,000 metric tonnes of maize to NCPB in 2004 but ended up pocketing Ksh.313 million without supplying even a single grain of ...
The University of Virginia student Formally  Charged with murder of Three Football Players
Human Interest

The University of Virginia student Formally Charged with murder of Three Football Players

The University of Virginia student accused of killing three football players and injuring two more on Sunday appeared to target his victims and shot one of them while he was sleeping, prosecutors alleged. The suspect, Christopher Darnell Jones Jr., appeared in court via a video conference from jail on Wednesday, where he was formally charged with three counts of second-degree murder, five counts of using a firearm in commission of a felony, and two counts of malicious bodily injury, court records show. The 22-year-old suspect was "not randomly shooting" and appeared to aim for "certain people" on the bus, James Hingeley, the Albemarle County commonwealth attorney’s office prosecutor, said in court, citing a witness. The bus was carrying students returning from a class field t...
Amazon Has began Biggest Layoffs In Its 28-Year History
Business

Amazon Has began Biggest Layoffs In Its 28-Year History

Amazon yesterday began laying off employees, beginning with its Devices & Services division, which makes products like Alexa, Echo speakers, Fire TV, Ring cameras, and cloud gaming service Luna. The e-commerce giant this week will lay off about 10,000 workers, or roughly 3% of its corporate employees, the largest job cut in the company’s 28-year history. The cuts are rolling out team by team, rather than all at once, the New York Times reported on Monday. Limp revealed that Amazon notified the impacted employees yesterday and will help them find new roles within the company. If an employee cannot find a new role internally, Amazon will provide them a “separation payment, transitional benefits, and external job placement support,” he wrote. In response to questions about h...
Kevin Spacey Has Been Charged With More Sexual Assault Crimes In The UK
Entertainment

Kevin Spacey Has Been Charged With More Sexual Assault Crimes In The UK

British prosecutors has charged Kevin Spacey with seven more counts of sexual assault, adding to the numerous criminal charges he already faced in the UK The Crown Prosecution Service announced the seven new charges Wednesday, saying they were "for a number of sexual assaults against one man between 2001 and 2004." In May, the 63-year-old actor was charged in the UK four counts of sexual assault against three men — each of which could be punished by six months in prison or an unlimited fine, He was also charged with "causing a person to engage in penetrative sexual activity without consent," which carries a maximum sentence of life in prison Spacey has pleaded not guilty to the prior UK charges, the trial for which is scheduled to begin in June 2023 His representatives did n...
CBK Directs Banks To Forgive Ksh.15 Billion Defaulted Digital Loans
Business

CBK Directs Banks To Forgive Ksh.15 Billion Defaulted Digital Loans

The Central Bank of Kenya (CBK) has directed banks to write off at least Ksh.15 billion worth of digital loans which currently stand in default status as part of a credit repair framework. The banking sector regulator has asked lenders including microfinance banks and mortgage finance companies to provide a discount of at least 50 per cent of the non-performing mobile-phone digital loans outstanding as of the end of October 2022. Borrowers covered in the write-offs will have their credit standing upgraded to performing from non-performing. “The institution will then enter into a repayment plan with the borrowers for a period up to May 1, 2023, for the balance of the loan. Upon expiry of the framework, the credit standing of the borrowers with respect to these loans will depen...
TAKEOFF MEMORIAL<br>Quavo, Offset and Drake’s<br>EMOTIONS POUR OUT IN SPEECHES
Entertainment

TAKEOFF MEMORIAL
Quavo, Offset and Drake’s
EMOTIONS POUR OUT IN SPEECHES

Take off memorial service in Atlanta just ended, and his sendoff was marked by several emotional moments ... especially speeches from his Migos family and Drake The service started shortly after noon, and lasted several hours Friday from State Farm Arena ... which was packed with mourning fans, as well as the celebs who worked with Takeoff and loved him. His close friend Drake spoke about the great times he and Migos all shared while touring together. Justin bieber,Chloe Bailey and Yolanda Adams performed during the ceremony, and Takeoff's family members -- including his mother, brother and sister addressed the crowd.
Kenya Receives Additional Ksh.15.5 Billion Financing From IMF
Business

Kenya Receives Additional Ksh.15.5 Billion Financing From IMF

Kenya has unlocked Ksh.15.5 billion ($127.4 million) in additional financing from the International Monetary Fund (IMF). This follows successful discussions to amend the country’s ongoing program with the multi-lateral lender to provide additional financing. In a statement Tuesday night, the IMF says the extra financing which is equivalent to $162.84 million worth of special drawing rights (SDRs) covers external financing needs resulting from drought and challenging global financing needs. $1=Ksh.121.67 The additional financing is expected to trickle in as part of the ksh 52.4 billion fourth tranche loan from Kenya’s 38-month program which currently awaits the approval of the IMF Executive Board. Kenya had access to up to Ksh.27.2 billion in beyond its Ksh.284.6 billi...
NIKITA DRAGUN<br>ARRESTED AT MIAMI HOTEL <br>Allegedly Naked At Pool
Entertainment

NIKITA DRAGUN
ARRESTED AT MIAMI HOTEL
Allegedly Naked At Pool

Nikita left a swanky Miami Beach hotel in handcuffs ... after cops say she was walking around the pool in the nude before dousing officers and security guards with water. The transgender influencer was arrested Monday night on a felony charge of battery on a police officer ... and it sounds like she was having too good a time at The Goodtime Hotel. According to the police report, obtained by TMZ, cops responded to a report of someone causing a disturbance and being extremely disorderly at the hotel. Police say when they got there, hotel security told officers Nikita had been causing a disturbance for a long period of time and walking around the pool area naked. Cops say security also told them Nikita ignored demands to stop causing the disturbance and at one point intentional...