INTERNATIONAL The World Bank has accused Lebanese authorities of operating a giant Ponzi scheme that has "caused unprecedented social and economic pain" over the past three decades. A Ponzi scheme is a type of scam that pays back investors with money from new investors. In a report published on Wednesday, the bank said the earlier necessary "reforms will be initiated, the less painful the cost of Ponzi Finance will be […]
Iran yesterday said a deal to revive the 2015 nuclear agreement with world powers was not in sight, adding that the US was to blame. Iranian Foreign Ministry spokesman Saeed Khatibzadeh told reporters that "more than one issue is still pending between Iran and the United States." He explained that messages coming from Washington "are far from providing solutions that could lead to an accord." "The United States are responsible for these delays, because they are taking their time […]
VOC became the first Muslim radio station in South Africa when a special events license was granted to the station in Ramadan/January 1995. Subsequent temporary broadcast licenses were granted, permitting the station to broadcast for 24 hours.
