
-
100 missing after flash flood washes out Indian Himalayan town
-
Czech driverless train hits open track
-
Jobe Bellingham 'anxious' about following Jude at Dortmund
-
US trade gap shrinks on imports retreat as tariffs fuel worries
-
Meta says working to thwart WhatsApp scammers
-
Ion Iliescu: democratic Romania's first president
-
Plastic pollution treaty talks open with 'global crisis' warning
-
US data deflates stocks rebound
-
S.Africa urges more countries to stand up to Israel's 'genocidal activities'
-
Probe blames operator for 'preventable' Titanic sub disaster
-
Belgium's Evenepoel to join Red Bull-Bora in 2026
-
US House panel subpoenas Clintons in Epstein probe
-
Great Barrier Reef suffers most widespread bleaching on record
-
Trump signals tariffs on pharma, chips as trade war widens
-
Kyiv buries soldier's wife and daughters killed in Russian attack
-
European countries announce $1 bn purchase of US weapons for Ukraine
-
'Human presence': French volunteers protect sheep from wolves
-
Titanic sub disaster caused by operator failures: probe
-
Russian strikes kill six across Ukraine
-
UN experts call for GHF to be dismantled
-
Man Utd, Newcastle make bids for Leipzig striker Sesko: reports
-
German club backs out of signing Israel striker after fan backlash
-
Stocks higher on US Fed rate cuts bets
-
Flash flood washes out India Himalayan town, killing four
-
Netanyahu says Israel must complete defeat of Hamas to free hostages
-
Wirtz unfazed by huge Liverpool price tag
-
Swiss president rushes to US to avert steep tariffs
-
German car sales jump in July but market still weak
-
Guinness owner Diageo ups savings as US tariffs hit
-
Stocks climb tracking tariffs, US Fed
-
Hobbled at home, Nigerian sportswomen dominate abroad
-
Flash flood washes out Himalayan town, killing 4
-
UN starts new bid to forge plastics treaty amid 'global crisis'
-
Far-right German MP's ex-aide on trial for spying for China
-
China to offer free pre-school education from autumn
-
Former Arsenal player Partey granted bail on rape charges
-
Oil giant BP surprises with better than expected earnings
-
India's top court to hear Kashmir statehood plea
-
UK-France migrant returns deal takes effect
-
Japan sets record temperature of 41.8C
-
Banned Russian media sites 'still accessible' across EU: report
-
Bangladesh's Yunus calls for reform on revolution anniversary
-
Russian strikes kill three in east Ukraine
-
Israel poised to order new Gaza war plan
-
Dutch are first to buy US arms for Ukraine under NATO scheme
-
Oil giant BP returns to profit in second quarter
-
Saudi Aramco profit drops for 10th straight quarter
-
Beijing lifts rain alert after tens of thousands evacuated
-
Record heatwave blasts northern Vietnam
-
Saudi Aramco profit drops 22 percent on lower prices
SCU | 0% | 12.72 | $ | |
CMSC | 0.09% | 23.09 | $ | |
JRI | 0.34% | 13.245 | $ | |
CMSD | -0.05% | 23.618 | $ | |
RIO | -0.55% | 59.67 | $ | |
SCS | -4.24% | 15.905 | $ | |
BCC | 4.92% | 86.99 | $ | |
BCE | 1.89% | 23.76 | $ | |
NGG | -0.43% | 72.34 | $ | |
BTI | 0.6% | 55.885 | $ | |
GSK | -0.8% | 37.38 | $ | |
RYCEF | -1.05% | 14.35 | $ | |
RBGPF | -0.11% | 74.92 | $ | |
AZN | 0.04% | 74.62 | $ | |
BP | 2.3% | 33.255 | $ | |
VOD | 0.5% | 11.095 | $ | |
RELX | -2.61% | 50.65 | $ |

Ngozi Okonjo-Iweala: the WTO's trailblazing motivator
Ngozi Okonjo-Iweala, reappointed on Friday as head of the World Trade Organization, hinged her leadership on breaking logjams at the sclerotic institution through craft, dynamism and sheer force of personality.
The World Bank veteran, 70, is a trailblazer. She was Nigeria's first woman finance minister and is the first woman and the first African to run the WTO.
With her no-nonsense style and disdain for red tape, she positioned herself as someone who could bang heads together and get business done.
Okonjo-Iweala has pulled off some breakthroughs at the global trade body, notably sealing a long-stalled deal on curbing subsidies for harmful fishing practices.
But now she must steer the WTO through the US presidency of Donald Trump -- who paralysed the organisation in his first term and opposed her initial candidacy for the leadership.
- 'Forget business as usual' -
In March 2021, Okonjo-Iweala took over an organisation mired in multiple crises and struggling to help member states navigate the severe global economic slump triggered by the coronavirus pandemic.
"Forget business as usual," she pledged before taking the reins.
Since taking over the 166-member WTO, Okonjo-Iweala has overseen two of its biennial ministerial conferences.
The 2022 gathering at the WTO's Geneva headquarters saw the director-general secure results and demonstrate the round-the-clock stamina essential to striking international trade deals.
Countries agreed the first stage of a long-elusive deal on curbing harmful fishing subsidies, and struck agreements on bolstering food insecurity and temporarily waiving patents on Covid-19 vaccines.
The second conference, in Abu Dhabi this year, secured nothing more than a temporary extension of an e-commerce moratorium, casting fresh doubt on the WTO's effectiveness.
While Okonjo-Iweala criss-crosses the world from conferences to meetings of top finance ministers and heads of diplomacy to try to move things forward, she rarely holds press conferences.
She was the sole candidate to lead the WTO for four years from September 2025.
"Ngozi brings a huge amount of personal authority, credibility and capability to what's a challenging and difficult role," Britain's trade minister Douglas Alexander told AFP last month.
"She clearly has an ambitious agenda in relation to that interaction of trade and environment."
He praised her "steady leadership, her deep commitment to the interests of the Global South, and her understanding, as a former finance minister, of the imperative of trade for all of our economies".
- Harvard, MIT training -
Born in 1954 in Ogwashi Ukwu, in Delta State, western Nigeria, Okonjo-Iweala is the daughter of a traditional ruler.
She and her neurosurgeon husband, Ikemba Iweala, have four children and five grandchildren.
She is often surrounded by her loved ones and she always warmly thanks her husband, who attended both ministerial conferences, for his support.
A development economist by training, she spent much of her life in the United States, graduating from Harvard -- where she later sent her four children -- before earning a master's degree and a doctorate from the Massachusetts Institute of Technology.
Okonjo-Iweala had a 25-year career at the World Bank, eventually becoming its number two.
She was the Washington-based institution's managing director and ran for the top job in 2012.
Her first term as Nigeria's finance minister, from 2003 to 2006, was followed by two months as the foreign minister.
She was the first woman to hold both positions.
She returned to the finance minister brief from 2011 to 2015 under president Goodluck Jonathan.
Okonjo-Iweala portrayed herself as a champion against Nigeria's rampant corruption -- and said her own mother was even kidnapped over her attempts to tackle the scourge.
But her critics charged she did not do enough to stop corruption while in power.
Okonjo-Iweala also held a slew of directorships at places like Standard Chartered Bank and the Rockefeller Foundation.
She was on the Twitter board of directors and chaired Gavi, the Vaccine Alliance.
When Roberto Azevedo stepped down early as WTO head in August 2020, Okonjo-Iweala put herself forward and saw off seven other candidates.
C.AbuSway--SF-PST