RT @davido: Yea I sent a wire yday from my American account which will reach him on Monday it's an international transfer so you wouldn't u…

Global military spending rose to $2.72 trillion in 2024, up 9.4% from the previous year and marking the fastest annual increase since the end of the Cold War, according to a report by the Stockholm International Peace Research Institute. The war in Ukraine and broader geopolitical tensions drove growth across all regions, with Europe and the Middle East seeing particularly steep increases.⁠
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Russia spent an estimated $149 billion on its military in 2024, a 38% jump from 2023, while Ukraine spent $64.7 billion—34% of its GDP and the highest military burden globally. SIPRI noted, “Ukraine currently allocates all of its tax revenues to its military,” raising concerns about long-term sustainability.⁠
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The United States accounted for 37% of total global military spending, reaching $997 billion in 2024. That figure represented 66% of all NATO defense expenditures. SIPRI reported that over 100 countries increased military budgets in 2024, often cutting other spending areas in the process.⁠
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Edward Coristine, a 19-year-old Department of Government Efficiency aide who used the alias “Big Balls,” resigned Monday following White House adviser Elon Musk’s departure, according to The Hill. A White House official confirmed Coristine’s exit, and WIRED reported that his government email account is no longer active.⁠
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Coristine attended high-level meetings involving DOGE, Treasury, Commerce, and military operations during his time at the digital agency. He previously founded Tesla.Sexy LLC and briefly worked at Neuralink. He told Northeastern University’s student paper he would not return to school after working with Musk.⁠
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Coristine had previously been dismissed from an internship at Path Network for allegedly leaking information to competitors, Bloomberg reported. ⁠
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Breaking News: “Nigeria under Tinubu has highest number of “extremely poor people globally” - World Bank reveals !!! 🚴🏿‍♀️🚴🏿‍♀️🚴🏿‍♀️💨

Nigeria under President Bola Tinubu has the highest number of extremely poor people globally, says the World Bank’s Africa’s Pulse report of April 2025.

“Sub-Saharan Africa has the highest extreme poverty rate globally, and a large share of the poor is concentrated in a few countries,” the report stated.

According to a chart in the report, Nigeria accounts for 19 per cent of extremely poor people in Sub-Saharan Africa, while the Democratic Republic of Congo has 14 per cent, Ethiopia 9 per cent, and Sudan 6 per cent.

It added, “About 80 per cent of the world’s estimated 695 million extreme poor resided in Sub-Saharan Africa in 2024, compared to 8 per cent in South Asia, 2 per cent in East Asia and the Pacific, 5 per cent in the Middle East and North Africa, and 3 per cent in Latin America and the Caribbean.”

A further breakdown by Peoples Gazette shows that Nigeria’s 19 per cent of the 560 million extremely poor in Sub-Saharan Africa represents 106 million people. This also amounts to 15.25 per cent of the world’s estimated 695 million extremely poor.

The report lists Nigeria, the Democratic Republic of Congo, Ethiopia, and war-torn Sudan as the four countries “within Sub-Saharan Africa, with half of the 560 million extreme poor in 2024.”

The World Bank also predicted a grim future for Nigeria, stating that more Nigerians will be plunged into poverty under Mr Tinubu’s watch by 2027.

This comes a month before Mr Tinubu’s second year in office. He assumed office on May 29, 2023, announcing fuel subsidy removal and later, exchange rate unification.

Barely a week ago, the International Monetary Fund (IMF) said that Mr Tinubu’s economic policies are yet to yield tangible benefits for Nigerians, as poverty and food insecurity remain widespread.

The IMF said though reforms introduced by the Tinubu-led government “have put the Nigerian economy in a better position to navigate this external environment,” the country still faces economic uncertainty.