International
Biden Thanks Tinubu For Release Of Binance Executive Gambaryan — Minister
President Joe Biden has called to thank President Bola Tinubu for the release of an executive of Binance Holdings Tigran Gambaryan who was on trial in Nigeria for alleged money laundering and currency speculations.
The Minister of Foreign Affairs Yusuf Tuggar told journalists at the State House in Abuja on Tuesday that the two leaders also discussed areas of partnership and cooperation including the issue of security in Africa and in particular, West Africa.
Tuggar gave details of the thirty-minute phone call President Tinubu received from Biden.
“The two leaders exchanged pleasantries and President Biden preceded to thank President Tinubu for his partnership and for Nigeria’s partnership in particular the collaboration between the two countries with regards to our law enforcement and law enforcement agencies as well as the release of one of the suspects of the cryptocurrency exchange company (Binance),” he said.
“President Biden offered his condolences on the recent flooding that has impacted northeastern Nigeria and underscored his appreciation for President Tinubu’s leadership in securing the release on humanitarian grounds of American citizen and former U.S. law enforcement official Tigran Gambaryan last week,” the White House said in a statement.
The minister insisted that due process was followed in the release of the Binance executive.
Last week, the Federal Government dropped charges against the Binance executive after months of trial for alleged money laundering.
The charges against Gambaryan – who has been in detention since April – were dropped on health grounds.
A counsel for the Economic and Financial Crimes Commission (EFCC) announced the withdrawal of the charges before Justice Emeka Nwite of the Federal High Court, Abuja.
The EFCC lawyer said Gambaryan, a US citizen, was just an employee of Binance whose activities he was being prosecuted for.
Mark Mordi, the counsel to Gambaryan, concurred with the prosecution. He said that his client was not involved in Binance’s broader financial moves.
International
US and Iran to sign historic peace deal June 19 in Switzerland
He commended both Washington and Tehran for choosing diplomacy over continued conflict and acknowledged the roles played by Qatar, Saudi Arabia, and Türkiye in facilitating the talks.
•US/IRAN flags
Pakistan’s Prime Minister, Shehbaz Sharif, revealed that both the United States and Iran have reached a landmark peace agreement to the immediate and permanent cessation of military operations on all fronts, including in Lebanon.
The formal signing ceremony is scheduled to take place on June 19 in Switzerland.
According to Sharif, the agreement is the result of extensive mediation efforts involving several regional and international stakeholders.
He commended both Washington and Tehran for choosing diplomacy over continued conflict and acknowledged the roles played by Qatar, Saudi Arabia, and Türkiye in facilitating the talks.
International
Zimbabwe Wins UN Security Council Seat for 2027-2028
The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms beginning on January 1, 2027.
Zimbabwe has been elected to a non-permanent, two-year term on the United Nations Security Council, the third time the country will be represented on the body mandated to maintain international peace and security.
Voice of Nigeria reports that the other countries that secured seats around the iconic horseshoe table are Austria, Portugal, Trinidad and Tobago, and Kyrgyzstan.
The five countries were elected by the 193-member General Assembly to serve as non-permanent members of the Security Council for two-year terms beginning on January 1, 2027.
Austria and Portugal won the two seats allocated to the Western European and other States (WEOG) Group, while Trinidad and Tobago and Zimbabwe were elected from the Latin American and Caribbean Group and the African Group, respectively.
Kyrgyzstan secured the Asia-Pacific seat after defeating the Philippines in four rounds of voting.
International
Finland’s president says EU should expand to 40 states — including Canada
His comments come as the Trump administration’s actions, alongside Russia’s war with Ukraine, prompt some countries to reconsider the benefits of EU membership.
• Finland’s president Alexander Stubb
Finnish President Alexander Stubb has stressed the need for a much larger European Union, saying the 27-nation bloc should increase its membership to 40 states and named the U.K., Canada, Turkey, Norway and Iceland as potential candidates to join.
Stubb made the call at an energy conference in the Finnish capital on Wednesday.
His comments come as the Trump administration’s actions, alongside Russia’s war with Ukraine, prompt some countries to reconsider the benefits of EU membership.
Stubb told the Eurelectric Power Summit that “the window of opportunity” for EU enlargement “is quite short because when the war in Ukraine ends and perhaps when the U.S. administration changes, I don’t know, then people are going to take their foot off the gas pedal and start heckling about unnecessary stuff again.”
Stubb added that “European strategic autonomy or European geopolitical power” is “often based on size and scale and I think the best European policy ever has been European enlargement.”
“In this moment, we need to think big and geographically, we need to enlarge or at least create memberships which are flexible enough to bring in a sum total of 40 European states — or even non-European,” Stubb said.
Finland’s president said the EU should look to its western flank and bring the U.K., which left the bloc in 2020, back into the fold, or at least “as close as possible
.”Canada should be considered as another option, Stubb said. “Wouldn’t it be lovely if Canada was the 28th state of the European Union rather than the 51st state of the United States?”
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