International News
Ex Mastercard CEO, Sole Nominee For World Bank Presidency
The World Bank Group’s Executive Directors Board has declared Ajay Banga, a US citizen, as the exclusive contender for the post of the bank’s next president.
The announcement was made through a statement released by the World Bank in Abuja on Friday.
The statement reads, “The World Bank Group’s Board of Executive Directors today confirmed that, as announced on February 22, the period for submitting nominations for the position of the next President of the World Bank Group closed on Wednesday at 6:00 pm ET.
“The board received one nomination and would like to announce that Ajay Banga, a U.S. national, will be considered for the position.
“In accordance with established procedures, the Board of Executive Directors will conduct a formal interview with the candidate in Washington D.C., and expect to conclude the presidential selection in due course,” it added.
According to a report by the News Agency of Nigeria, in February, Joe Biden, the President of the United States, nominated Ajay Banga to take charge of the World Bank, citing his strong credentials and ability to lead the international organization during this crucial period in history.
It was further reported that no other country put forward an alternative candidate for the prestigious position, making Ajay Banga the sole nominee for the next president of the World Bank.
Ajay Banga, who was born in India and is now a naturalized US citizen, is 63 years old and currently serves as the vice chairman at General Atlantic.
According to the News Agency of Nigeria, if he is confirmed for the position, Banga will become the first Indian-American to lead either of the two major global financial institutions: the World Bank or the International Monetary Fund.
David Malpass, the current president of the World Bank, will step down in June, almost a year before the end of his term.
Malpass received criticism during his term for the bank’s commitment to climate action and his personal views on climate change.
However, Banga is expected to take over the position if his nomination is approved.
International News
NATO Shoots Down Third Iranian Missile in Turkey
NATO air defence systems have intercepted a third ballistic missile believed to have been launched from Iran after it entered Turkish airspace, Turkey’s Defence Ministry confirmed on Friday, raising fresh concerns about the growing tensions in the Middle East.
In a statement, the ministry said the missile was neutralised by NATO air and missile defence assets deployed in the eastern Mediterranean after it crossed into Turkish territory.
SEE MORE: WHO Releases Alarming Casualty Figures From US‑Israel‑Iran Conflict
The latest interception triggered security alerts across parts of southern Turkey.
Air raid sirens reportedly sounded at the strategic Incirlik Air Base, a key NATO military facility that hosts United States troops and other allied personnel.
Residents in the nearby city of Adana were awakened around 3:25 a.m. by the warning alarms. Some locals reportedly captured footage showing what appeared to be a fast-moving object on fire streaking across the sky.
Similar sirens were also heard in the eastern Turkish city of Batman around 4:00 a.m., with reports indicating the alarm may have been linked to a nearby military drone base located close to the city’s airport.
The incident marks the third time NATO defence systems have intercepted missiles linked to Iran in recent weeks. The first missile was shot down on March 4, while a second was intercepted earlier this week.
Following Monday’s incident, the United States temporarily shut down its consulate in Adana and urged American citizens to leave southeastern Turkey due to security concerns.
Iranian President Masoud Pezeshkian, however, reportedly denied that the missile had been launched from Iran during a telephone conversation with Turkish President Recep Tayyip Erdogan.
The rising tensions come amid the ongoing conflict that erupted on February 28 involving the United States, Israel and Iran. Since the outbreak of hostilities, Tehran has reportedly carried out retaliatory strikes across several locations in the Middle East.
Incirlik Air Base remains one of NATO’s most important strategic military facilities in the region. The base has hosted US troops for decades and also accommodates military personnel from other NATO member states including Spain and Poland.
Another key NATO installation is located in Kurecik, in Turkey’s Malatya province, where US troops operate an early-warning radar system capable of detecting missile launches from Iran. The radar facility forms part of NATO’s broader ballistic missile defence shield.
Although Turkish authorities have consistently denied that radar data from the base has been shared with Israel, its presence has reportedly raised concerns in Tehran.
Earlier this week, Turkey also confirmed the deployment of a Patriot missile defence system in Malatya as NATO strengthens its regional missile defence posture amid the escalating conflict.
International News
WHO Releases Alarming Casualty Figures From US‑Israel‑Iran Conflict
The World Health Organization (WHO) has released a disturbing update on the escalating conflict involving the United States, Israel, and Iran, revealing that thousands of people have been killed or injured in just under two weeks.
WHO Director-General Tedros Adhanom Ghebreyesus warned that health systems across the Middle East are under “immense strain” and are at risk of complete collapse if the crisis continues.
SEE MORE: US-Israel-Iran War: Day Four Updates from the Middle East
According to WHO reports, Iran has suffered over 1,300 deaths and around 9,000 injuries, while Lebanon has recorded at least 570 deaths and approximately 1,400 injuries.
In Israel, at least 15 people have died and more than 2,100 have been injured since hostilities escalated.
The conflict began on February 28, following a massive joint strike by US and Israeli forces that targeted top Iranian officials, including the country’s Supreme Leader.
The violence has since spread across the region, with retaliatory attacks targeting Israeli sites and US military bases in neighboring countries.
The humanitarian impact is severe. Over 100,000 Iranians and up to 700,000 Lebanese citizens have been displaced, many living in overcrowded conditions with limited access to clean water, sanitation, and medical care.
The WHO warns that these conditions put women and children at particular risk of disease outbreaks.
The organization also highlighted a growing trend of attacks on healthcare infrastructure, reporting dozens of strikes on hospitals and medical facilities across Iran and Lebanon.
Such attacks have not only resulted in deaths but also deprived entire communities of critical medical care when they need it most.
Tedros emphasized the urgent need for all parties to respect international law and protect civilians, calling for unimpeded humanitarian access and immediate measures to prevent the collapse of fragile health systems.
With the conflict continuing to escalate, the WHO has stressed that immediate action is required to protect lives, ensure medical support reaches affected populations, and prevent the humanitarian crisis from worsening.
International News
After Turbulent Elections, Portugal Swears In Seguro as President
Portugal officially inaugurated its new president, Antonio Jose Seguro, on Monday, pledging to bring stability to a nation shaken by political uncertainty and natural disasters.
Seguro, the centre-left candidate, won last month’s presidential run-off against far-right rival Andre Ventura, following weeks of catastrophic storms that killed at least seven people and caused approximately €4 billion ($4.6 billion) in damage.
Speaking at his swearing-in ceremony in Lisbon’s parliament, Seguro emphasized cooperation with the minority right-wing government and vowed to end the country’s “electoral frenzy.”
SEE MORE: Spain, Portugal Plunge Into Darkness Amid Widespread Power Outage
“I will do everything I can to put an end to this electoral frenzy,” he said, pointing to the inability of previous governments to complete their terms.
Amid global crises, including conflicts in the Middle East and a more isolationist US approach under President Donald Trump, Seguro stressed the importance of multilateralism.
“The force of law has been replaced by the power of the strongest,” he remarked.
Seguro succeeds Marcelo Rebelo de Sousa, a conservative who leaves office at 77 after serving two five-year terms.
While the Portuguese presidency is largely ceremonial, Seguro’s leadership signals a commitment to political stability and international engagement.





