Global debt hits record of over $324 trillion, says IIF
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, data from a banking trade group showed on Tuesday.
French prosecutors have opened an investigation into TotalEnergies over potential manslaughter and a failure to assist people in danger during a jihadist attack in Mozambique, the energy firm said, reiterating that it denied any wrongdoing.
Islamist insurgents attacked the port city of Palma in March 2021, killing many civilians in areas close to Mozambican gas infrastructure projects, owned in part by TotalEnergies.
Survivors and relatives of victims filed a complaint in France in late 2023, saying the company had failed to ensure the safety of subcontractors. That led prosecutors to launch a preliminary inquiry.
"TotalEnergies has been informed of the opening of a judicial investigation into the Mozambique terrorist attacks of March 2021," the company said on Saturday in an emailed statement.
"The Company categorically rejects these accusations."
Repeating comments it had made at the time of the complaint, TotalEnergies said teams from the Mozambique LNG project provided emergency assistance and evacuated more than 2,500 people.
The judicial investigation will determine whether or not there are grounds to send TotalEnergies to court.
French media earlier reported the probe was being overseen by prosecutors at Nanterre just outside Paris. The Nanterre prosecutor's office did not immediately respond to a request for comment.
The board of the U.S. Export-Import Bank has approved a nearly $5 billion loan for Mozambique LNG, clearing a key hurdle to restarting the project that was halted by the Islamist attacks.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Cardinals from 70 nations have gathered in Vatican City to begin the historic conclave to elect the next pope, following the death of Pope Francis 17 days ago. This conclave is the most geographically diverse in Church history, showcasing Francis’ legacy of inclusivity.
Britain's King Charles has called on the world to work toward lasting peace and preventing future wars during a speech marking the end of four days of events celebrating the 80th anniversary of Victory in Europe (VE) Day.
Before becoming Pope Leo XIV, Cardinal Robert Prevost shared rare insights on faith, unity, and modern challenges in a few candid interviews.
A humanitarian ship carrying 20,000 tons of Ukrainian wheat docked in Samsun, Türkiye, on Thursday, marking a major World Food Program initiative to supply crisis-hit regions, including Syria.
North Korea’s leader Kim Jong Un supervised a missile test on Thursday, emphasizing the nation's nuclear combat readiness, according to state media KCNA.
EU foreign ministers will visit Lviv, Ukraine, on May 9 to discuss defense support and endorse plans for a tribunal on war crimes and aggression.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment