Lagarde, Resigns As IMF Boss

Following the appointment of Christine Lagarde to head the European Union Central Bank (EUCB), on 17th July 2019, she tendered her resignation from the position of Managing Director, International Monetary Fund (IMF). However, the resignation will take effect from September 12, 2019.

Erdogan Fires Central Bank Governor

Following rate tension that hit Turkey, President Recep Tayyip Erdogan has sacked the governor of Turkey’s central bank and replaced him with his deputy. His sack came after months of tension with the government over high-interest rates. Murat Cetinkaya, who was appointed to the role in April 2016, has been replaced by Murat Uysal, according to a presidential decree published in the official gazette of the country.

Theresa May Quits, As Lobbying Intensify For Position

British Prime Minister, Theresa May on Friday finally steps down as leader of her Conservative Party, a move triggering the race for a successor. The British leader will remain prime minister until a new leader is chosen, likely in late July.

Sir Kim resigns As Britain’s Ambassador To Washington

Following days of criticism by President of the United States, Donald Trump, Britain's ambassador to Washington, Sir Kim Darroch has resigned. His resignation followed a leaked cache of secret diplomatic cables where he described President Trump as “insecure” and his administration as “inept” and “dysfunctional.”

Putin Unveils Drone With Owl-Like Features

President of Russia Federation, Vladimir Putin on Wednesday, 26th June 2019 unveiled a drone with bird-like features. The drone which was created by the military technicians from a unit set up by the leader aims to fool the enemy allowing the unmanned craft to sneak closer to key targets in war zones.

President Putin Visit Pope July 4th

President Vladimir Putin of the Russian Federation has perfected plans to visit Pope Francis next month. The visit it was gathered will hold on July, 4th, the Vatican said on Thursday.