Zelensky Appoints Saakashvili as Reform Executive Committee Chairman

Ukrainian President Volodymyr Zelensky has appointed the former President of Georgia, and the head of the Odessa Regional State Administration, Mikheil Saakashvili as the Chairman of the Executive Committee for Reforms. This is stated in the decree, “Issues of the National Council of Reforms and the Executive Committee of Reforms,” signed by Zelensky on Thursday, May 7.

Coronavirus: The Situation in Venezuela is Dire

Venezuela is experiencing possibly the worst humanitarian crisis in the world, sans the Covid-19 situation. The Latin-American nation is not only struggling to contain the epidemic but also trying to tackle deep-seated economic issues that have plagued it for years. They include US sanctions, prevalent corruption, a skyrocketing inflation rate that has surpassed 10 million percent in the past decade, and a collapsed infrastructural system.

Iran Appeals to UN for Sanctions Relief, IMF for Help

The Foreign Minister of the Islamic Republic of Iran sent a letter to the UN Secretary-General calling for the end of US government sanctions against Iran. He has said that US sanctions are a major obstacle to combating the Coronavirus outbreak in Iran. Iranian news agencies, including ISNA, have sent a copy of Mohammad Javad Zarif’s letter to the heads of all international organizations and foreign ministers around the world.

Ecuador’s Government, Protestors Reach Agreement to Restore Peace

The government of Ecuador and the Confederation of Indigenous Nationalities of Ecuador (CONAIE) announced an agreement Sunday night that is likely to bring to an end a wave of 11 days of protests in the country and restore peace. President Lenin Moreno stepped back and agreed to the repeal of the decree removing fuel subsidies. Protesters celebrated the deal on the streets of the capital, Quito.

She Might Become the Most Powerful Person in Europe and You’ve Never Heard of Her Before?

No she is not in charge of Germany or a major country but she will soon be in charge of the European Central Bank– the European version of the United States Federal Reserve. Her name is Christine Lagarde and she has won European Union support to become the first female President of the European Central Bank (ECB). It will be the first time a women has been placed in charge of all European banking, as the ECB is one of the largest financial institutions in the World.

What Countries are Causing the Global Economic Slowdown?