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Boakai Wins Liberia Presidential Election

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Political veteran Joseph Boakai was on Monday declared winner of Liberia’s presidential election, beating incumbent George Weah, the National Electoral Commission (NEC) said after completing the ballot count.

Boakai won with 50.64 percent of the vote, against 49.36 percent of the vote for former international football star Weah, Davidetta Browne Lansanah, president of the commission, told reporters.

Boakai won with only a 20,567-vote margin.

Weah had already conceded defeat on Friday evening, based on the results of more than 99.98 percent of the polling stations.

The outgoing president and former football star won praise from abroad on Monday for conceding and promoting a non-violent transition in a region marred by coups.

Liberians have once again demonstrated that democracy is alive in the ECOWAS region and that change is possible through peaceful means,” the Economic Community of West African States said in a statement.

Since 2020, ECOWAS states have seen abrupt regime changes with military forces seizing power by force in four of the fifteen member countries: Mali, Guinea, Burkina Faso and Niger.

The election six years ago of Weah — the first African footballer to win both FIFA’s World Player of the Year trophy and the Ballon d’Or — had sparked high hopes of change in Liberia, which is still reeling from back-to-back civil wars and the 2014-2016 Ebola epidemic.

But critics have accused his government of corruption and him of failing to keep a promise to improve the lives of the poorest.

While his party lost, “Liberia has won,” Weah had said on radio.

Weah said he had spoken to the man he called the “president-elect” to congratulate him and urged his own supporters to accept the election result.

“This is a time for graciousness in defeat,” he said, adding “our time will come again”.

The African Union sent its congratulations to the president-elect on Monday.

AU chairman Moussa Faki Mahamat also called on “all parties to continue to display maturity and embrace dialogue to consolidate democracy”.

– ‘Defied the stereotype’ –
The West African bloc also said that the post-election phase was “crucial”, and called on “the people of Liberia to maintain and safeguard peace and security”.

However, the electoral commission head said that on Friday it had received two appeals from Weah’s party concerning the conduct of the election in Nimba County.

The commission has 30 days to investigate and reach a decision, she said.

Former Nigerian president Goodluck Jonathan, who led a mediation mission for the election, said he was “deeply pleased with the successful outcome of the democratic process”, in comments posted on X, formerly Twitter.

He went on to congratulate Boakai, urging him “to be magnanimous in victory and seek to continue the efforts to unite” Liberia.

Nigerian President Bola Ahmed Tinubu, who is a heavyweight in the West African bloc, commended Weah’s concession saying it had averted any form of socio-political crisis.

“He has defied the stereotype that peaceful transitions of power are untenable in West Africa,” Tinubu said.

Several presidential elections in the region are upcoming in 2024, including polls in Senegal, Ghana and Mauritania, as well as military-ruled Mali and Burkina Faso.

AFP

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International

U.K.–India set to boost bilateral trade by over $34 billion a year

The FTA, which slashes duties on goods including textiles, alcohol and automobiles, was signed Thursday in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

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•Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

U.K. and India’s bilateral trade is set to get a more than $34 billion annual boost over the long term following their free trade agreement, with the countries’ leaders calling it a “historic” deal.

CNBC reported that the FTA, which slashes duties on goods including textiles, alcohol and automobiles, was signed on Thursday in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.

Both sides had finalized the trade pact in May after three years of intense negotiations — marked by thorny issues such as visas, tariff reduction and tax breaks.

Talks gained momentum and both governments accelerated to seal the deal as U.S. President Donald Trump’s tariff threats sent the world in disarray.

The agreement between the world’s fifth and sixth largest economies is expected to boost their bilateral trade by 25.5 billion pounds per year by 2040.

Trade in goods and services stood at over 40 billion pounds in 2024.

The deal offers “huge benefits to both of our countries,” boosting wages, raising living standards and bringing down prices for consumers, Starmer said.

India’s Modi lauded the agreement as “a blueprint for our shared prosperity,” highlighting how Indian goods including textiles, jewelry, agricultural products and engineering items would benefit from a better access to the U.K. market.

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Russian missing plane found in Forest – No Survivors

Amur’s regional governor Vasily Orlov said five children were among those on board and declared three days of mourning.

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Russian officials say 48 people were killed when an Angara Airlines plane went down in a dense forest in the far-eastern Amur region.

The Antonov An-24 plane, carrying 42 passengers and six crew, had left Blagoveshchensk close to the Chinese border and vanished from radar screens as it approached Tynda airport, officials said.

A Russian civil aviation helicopter then spotted burning fuselage from the plane on a remote hillside about 16km (10 miles) from Tynda.

Amur’s regional governor Vasily Orlov said five children were among those on board and declared three days of mourning.

Orlov said that according to preliminary data, there were 43 passengers, including five children, and six crew members on board the plane operated by a Siberian airline.

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International

EU ready to hit US with 21-billion-euro tariff list

He said the goal should be “zero tariffs” and an open market among Canada, the United States, Mexico and Europe.

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MILAN (Reuters) -The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, Italy’s Foreign Minister Antonio Tajani said in a newspaper interview on Monday.

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the EU starting on Aug. 1, after weeks of negotiations with major U.S. trading partners failed to reach a comprehensive deal.

Tajani also told daily Il Messaggero that to help the euro zone economy the European Central Bank should consider a new “quantitative easing” bond-buying-programme, and more interest rate cuts.

The European Union said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement.

Tajani said the 21-billion-euro package of tariffs the EU has already prepared could be followed by a second set if a deal with the U.S proves impossible.

He added, however, that he was confident that progress could be made in negotiations.

“Tariffs hurt every one, starting with the United States,” he said. “If stock markets fall that puts at risk the pensions and the savings of the Americans.”

He said the goal should be “zero tariffs” and an open market among Canada, the United States, Mexico and Europe.

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