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Politics

Political news and analysis

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Krafton settles with Subnautica 2 developer after drawn-out dispute over $250 million
Politics

Krafton settles with Subnautica 2 developer after drawn-out dispute over $250 million

After a lengthy legal dispute, Krafton has settled with its subsidiary Unknown Worlds Entertainment, which is developing Subnautica 2, and will pay bonuses to the studio's staff, Bloomberg reports. The dispute began last year after Krafton pushed out Unknown Worlds' cofounders, Charlie Cleveland and Max McGuire, and its CEO, Ted Gill, ahead of a potential $250 million bonus for hitting certain financial goals that would have been shared with the studio. After the executives sued, a judge reinstated Gill as CEO in March, and Subnautica 2 finally launched in early access in May. The game passed four million copies sold in five days. Details … Read the full story at The Verge.

The Verge•7/1/2026
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‘Uba Sani has bridged infrastructural gaps in Zaria, Sabon Gari’ – Residents 
Politics

‘Uba Sani has bridged infrastructural gaps in Zaria, Sabon Gari’ – Residents 

Communities in Zaria and Sabon Gari Local Government Areas of Kaduna State have described Governor Uba Sani’s ongoing road and bridge projects as transformative interventions that are revitalising agriculture, improving livelihoods and expanding access to education, healthcare and markets. The commendation came during a statewide media tour of ongoing and completed infrastructure projects led by […] ‘Uba Sani has bridged infrastructural gaps in Zaria, Sabon Gari’ – Residents

Daily Post Nigeria•7/1/2026
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Politics

Overpricing Fed Rate Hikes Amid Potential Cuts

The segment discusses the current market sentiment that appears to be overestimating the likelihood of Federal Reserve interest rate hikes. Reference is made to the '12th blue dot,' a hypothetical addition to the Fed's dot plot that would represent a signal for rate cuts this year, attributed to former Fed official Warsh. This suggests that despite market expectations, JPMorgan analysts anticipate the Federal Reserve will keep rates on hold throughout the year. The discussion highlights the impact of these expectations on stock market performance, with stocks falling as investor focus shifts toward the possibility of policy changes signaled by Warsh. (Source: Bloomberg)

Bloomberg•7/1/2026
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‘Petrol sales will not stop’ — IPMAN assures Nigerians
Politics

‘Petrol sales will not stop’ — IPMAN assures Nigerians

The Financial Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Musa Yahaya Mai Kifi, has dismissed reports suggesting that petrol sales in Nigeria will be halted, describing the claim as false and taken out of context. Speaking in an interview with DAILY POST, Mai Kifi said, “The claim that petrol sales will stop […] ‘Petrol sales will not stop’ — IPMAN assures Nigerians

Daily Post Nigeria•7/1/2026
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