WORLD’S YOUNGEST REIGNING MONARCH , KING OYO, DIES AT 34.(PHOTO).

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 World’s Youngest Reigning Monarch , King Oyo, Dies at 34 King Oyo Nyimba Kabamba Iguru Rukidi IV, the traditional ruler of Uganda’s Tooro Kingdom who became the world’s youngest reigning monarch after ascending the throne at three, has died at the age of 34. The monarch reportedly died on Thursday, with the Prime Minister of the Tooro Kingdom, Calvin Armstrong Rwomiire Akiiki, announcing his death on Friday. The cause of death was not immediately disclosed. However, Ugandan media reports quoted a government minister as saying that King Oyo had been critically ill and was receiving medical treatment in the United States. Reacting to the development, Akiiki described the monarch’s death as a major loss to the royal family and the people of Tooro. He urged members of the kingdom to remain united and calm while mourning the traditional ruler. King Oyo ascended the Tooro throne in 1995 following the death of his father, King Patrick Matthew Kaboyo Rukidi III. He was only three years ol...
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TIKTOK AGREEMENT EXPECTED TO BE FINALIZED THURSDAY, TREASURY SECRETARY SCOTT BESSENT SAYS. (PHOTO).

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 TikTok agreement expected to be finalized Thursday, Treasury Secretary Scott Bessent says

Treasury Secretary Scott Bessent said Sunday that the TikTok deal announced last month is expected to be finalized on Thursday when President Trump meets with Chinese President Xi Jinping.

Bessent, speaking from Kuala Lumpur, Malaysia, where President Trump is on a three-country Asia trip, said the agreement is fully settled and only awaits formal completion by the two leaders at the Asia Pacific Economic Cooperation summit in South Korea. “We reached a final deal on TikTok. We reached one in Madrid, and as of today, all the details are ironed out,” Bessent said. He clarified that he is not involved in the commercial aspects of the deal, but his role was securing Chinese approval, which he said was successfully achieved.

Last month, President Trump signed an executive order allowing TikTok to continue operating in the U.S. under a new corporate structure with American investors. The deal, a “qualified divestiture,” fulfills a law passed by Congress in April 2024 requiring TikTok’s China-based parent company, ByteDance, to divest or face a ban. Enforcement of the law was delayed by 120 days to allow the agreement to be finalized.

The U.S.-based joint venture will be majority-owned and controlled by American investors, with a board dominated by Americans. ByteDance and its affiliates will retain less than 20% ownership. Oracle is among the American investors with a stake in the new entity.

Republican Rep. John Moolenaar of Michigan, chairman of the House China committee, voiced caution over continued Chinese ownership. “As long as the Chinese are involved, I think there’s reason for distrust,” he said, noting concerns about ByteDance’s remaining stake and potential influence from the Chinese Communist Party. He added, however, that he trusts the president is following the bipartisan law to make TikTok accessible to Americans under the new structure.


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