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UK Economy Slips into ‘Technical’ Recession

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The United Kingdom slipped into a technical recession in the second half of last year after its economy registered two consecutive quarters of negative economic growth, official figures have shown.

The Office for National Statistics (ONS) announced through a statement on Thursday that Britain’s gross domestic product (GDP) shrank by 0.3 percent in the last three months of 2023, after contracting 0.1 percent in the third quarter.

It meant that the economy entered a technical recession, as defined by two or more quarters in a row of falling GDP.

It marked the first time the UK had entered recession since the first half of 2020 when the initial COVID-19 lockdown sent the country’s economy plunging into reverse.

The figures dealt a blow to Prime Minister Rishi Sunak, who had promised to grow the economy as one of his five priorities.

Chancellor Jeremy Hunt said inflation and high-interest rates were behind the output fall but insisted the economy was turning a corner.

He said: “While interest rates are high so the Bank of England can bring inflation down low growth is not a surprise.

“But there are signs the British economy is turning a corner; forecasters agree that growth will strengthen over the next few years.

“Wages are rising faster than prices; mortgage rates are down and unemployment remains low.

“Although times are still tough for many families, we must stick to the plan of cutting taxes on work and business to build a stronger economy.”

Shadow chancellor Rachel Reeves said the Prime Minister’s promise to grow the economy was in tatters.

“The Prime Minister can no longer claim credibly that his plan is working or that he has turned the corner on more than 14 years of economic decline under the Conservatives that has left Britain worse off.

“This is Rishi Sunak’s recession and the news will be deeply worrying for families and businesses across Britain,’’ he said.

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Africa

Akinwumi Adesina Bags Kenya’s Highest National Honour

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By Eric Elezuo

“I am very proud to be the President that confers on you this well-deserved honor of the people of Kenya”

One of Nigeria’s finest exports, who is the President of the prestigious African Development Bank (AfDB), Dr. Akinwumi Adesina, has once again, raised the bars in honours and awards acquisition.

The seasoned diplomat, who once served as Nigeria’s Minister of Agriculture and Rural Development, was on Monday, March 17, 2025, conferred with the highest-rated honour in Kenya, the Chief of the Golden Heart (C.G.H) at the State House, Nairobi.

President William Ruto of Kenya, who joyfully did the honours, noted that the award was for his role in the East African country’s Last Mile Connectivity and Lake Turkana Wind Projects among other landmark achievements across Africa.

For starters, the C.G.H. is the highest award in Kenya and is mostly given to sitting heads of state or exceptional global leaders. This signifies that Adesina, for his global glories, developmental strides, efforts at uniting Africans through via economic options, equate in status with a sitting president of Kenya. The award was some days earlier also given to His Highness Prince Rahim Al-Hussaini Aga Khan V.

Speaking elatedly after giving the award to Adesina, with all the accompanying paraphernalia, President Ruto hailed the AfDB President, saying he deserves the honour for his commitment and distinguished service to the people of Kenya.

He noted: “I am very proud to be the President that confers on you this well-deserved honor of the people of Kenya. It is an honor that I have the privilege as President but on behalf of the government and the people of Kenya to award you for the distinguished service, the commitment you have demonstrated, and the passion you have worked with to see to it that in every way even before you became the President of the African Development Bank.”

Responding, Adesina, who was flanked by his beloved wife, many other aides, colleagues and associates including the Chairman, Ovation Media Group, Chief Dele Momodu, thanked President Ruto for honoring him with the prestigious award saying it is a rare privilege to be conferred with the award.

“Your Excellency President Ruto I am most grateful to you for conferring me today with the prestigious honor of the Chief of Order of the Golden Heart (C.G.H), Kenya’s highest and most distinguished honor.

“I am very humbled for your incredible kindness what a great honor, what a rare privilege, what a historic recognition. The country that I love so much, Kenya, loves me back, appreciates and celebrates my leadership at the African Develpment Bank. Thank you, Mr. President,” said the AfDB President.

He added, “On behalf of my dear wife and your sister, Grace, the Board of Directors at the African Development Bank, our boards of governance, the management and staff of the African Development Bank and on my own behalf, I accept this honour with great humilty.”

A statement shared on their verified X handle after the award, the Kenyan State House noted in part that, “President William Ruto has thanked the African Development Bank (AfDB) for working with Kenya to drive critical areas of the country’s growth in the past 60 years.

“The President made the remarks when he conferred AfDB President and Chairman of the Board Akinwumi Adesina with the Chief of the Order of Golden Heart (CGH) award in Monday at State House, Nairobi.”

“It is an honour that I have the privilege as President, and on behalf of the people of Kenya, to award you for the distinguished service, commitment, and passion you have demonstrated for our country,” Ruto was qouted as saying.

Akinwumi was elected President of Africa Development Bank in 2015, and has remained in office till date.

The AfDB President’s speech is produced in full next page…

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US Expels South African Ambassador, Cites Hatred for America, Trump

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United States Secretary of State, Marco Rubio has announced that President Donald Trump’s administration is expelling South Africa’s ambassador to Washington.

Rubio announced this on Friday, accusing the envoy of hating the country and President Trump.

“South Africa’s Ambassador to the United States is no longer welcome in our great country,” Rubio posted on X.

“Ebrahim Rasool is “a race-baiting politician who hates America and hates @POTUS,” he said, referring to Trump by his White House X account handle.

“We have nothing to discuss with him and so he is considered PERSONA NON GRATA.”

The expulsion of the ambassador comes amid rising tensions between Washington and Pretoria.

Trump in February this year froze US aid to South Africa, citing a law in the country that he alleges allows land to be seized from white farmers.

Trump further fueled tensions last week, when he said that South Africa’s farmers were welcome to settle in the United States after repeating his allegation that the government was “confiscating” land from white people.

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Actor Gene Hackman, Wife Found Dead in Their New Mexico Home

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Oscar-winning actor Gene Hackman and his wife, Betsy Arakawa, were found dead in their home in New Mexico along with their dog, the Santa Fe County Sheriff’s Office told CNN. He was 95.

Their causes of death have not been confirmed, but foul play is not suspected, Santa Fe County Sheriff’s Office spokesperson Denise Womack-Avila told CNN on Thursday morning.

Deputies responded to a welfare check request at the home around 1:45 p.m. Wednesday and found Hackman, Arakawa and a dog deceased, Womack-Avila said. An investigation is ongoing, the sheriff’s office said. The gas company is assisting in the investigation, The Associated Press reported.

The welfare check was conducted after a neighbor called authorities, concerned about the couple’s well-being, CNN affiliate KOAT reported.

A search warrant shows that Hackman, his wife and their dog had been dead for some time, and the couple’s bodies were in different rooms when deputies found them during the wellness check, the AP reported.

Hackman was found dead Wednesday in a mudroom, and Arakawa was found dead in a bathroom next to a space heater. There was an open prescription bottle and pills scattered on the countertop near Arakawa, the AP reported.

Medical examiner’s reports with the final cause of death “generally take anywhere from 4-6 weeks to generate,” said Chris Ramirez, spokesperson for the New Mexico medical investigator’s office.

CNN has reached out to Hackman’s representatives.

The actor’s death comes just days before the Academy Awards on Sunday.

Hackman’s performances in such films as “The French Connection,” “Hoosiers,” “Unforgiven,” and “The Firm” elevated character roles to leading-man levels.

Hackman’s best roles were often of conflicted authority figures or surprisingly clever white-collar villains, such as the iconic, evil Lex Luthor in the “Superman” film series in the 1970s and ’80s. Many held a hint – sometimes more than a hint – of menace.

He won an Oscar for his portrayal in 1971’s “The French Connection” of New York cop Popeye Doyle, a detective who gets his man but at a high cost. His surveillance expert in 1974’s “The Conversation” is single-minded to the point of obsession, losing all perspective.

He won his second Oscar for his performance as Little Bill Daggett, the violent sheriff in Clint Eastwood’s 1992 film, “Unforgiven.”

Source: CNN

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