Bloomberg

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Breaking News | Observing world events unfold in the grand theater of our time.

Last updated 4 months, 2 weeks ago

4 months, 3 weeks ago
President Joe Biden implores candidates to …

President Joe Biden implores candidates to cool their rhetoric after the assassination attempt on Donald Trump, warning the nation was heading down a dangerous path in which violence subverts the will of Americans https://bloom.bg/4cXFNno

?: Erin Schaff/The New York Times/Bloomberg

4 months, 3 weeks ago

State control: President Paul Kagame has become a key Western ally and has won plaudits for Rwanda's transformation. But as he looks to extend his 30 years in power, scrutiny of political suppression in the country grows. https://bloom.bg/3xQDmnR

Billions in bribes: Nigerian officials are demanding and receiving bribes to deliver public services, taking in $1.3 billion last year, according to a corruption survey by the nation's statistics agency. https://bloom.bg/4bAi3EM

Cabinet fired: Kenyan President William Ruto’s decision to fire most of his cabinet — one of the main demands of anti-government protesters — has been met with skepticism by markets.https://bloom.bg/4fb58MG

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

4 months, 3 weeks ago

Repaying debt: Kenya needs about $26 billion to pay off existing foreign debts over the next decade. Its options are dwindling after deadly protests thwarted plans for new taxes. https://bit.ly/3XZof5X
Gold backed: Uganda has become the latest African nation to turn to gold to back up its currency, in a move similar to plans in Nigeria and Zimbabwe’s ZiG. It will buy bullion from local suppliers to build up its reserves as foreign-currency holdings decline. https://bit.ly/3W76m2S
Oil inflows: Nigeria’s new Dangote mega-refinery is lapping up ever more US crude, bringing the barrels thousands of miles across the Atlantic ocean. https://bit.ly/3LjTIZ9
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

4 months, 4 weeks ago
Boeing has agreed to plead guilty …

Boeing has agreed to plead guilty to criminal conspiracy to defraud the US and faces a criminal fine of as much as $487.2 million https://bloom.bg/4eRf51v

?: Bloomberg

5 months ago
NEW: Biden trails Trump by just …

NEW: Biden trails Trump by just 2 points across key states, a Bloomberg News/Morning Consult shows, even as three in 10 Democrats say he should leave the race.⁣

Read more findings from our new poll here: https://trib.al/FxNvF1i

?: Hector Vivas/Getty Images

5 months ago

Stable power: A hundred days of continuous electricity supply is taken for granted in many nations. In South Africa, it’s a major milestone. https://bloom.bg/460exT6

Migrant's tale: Immigration policies in France were already getting tougher, but if Marine Le Pen's National Rally secures a majority in the upcoming elections, her party has promised to expel undocumented migrants. https://bloom.bg/45P7blj

Before deadline: Zimbabwe's president hints that the nation’s new bullion-backed ZiG will be the sole currency before a 2030 deadline to end the current multicurrency system. https://bloom.bg/3XM9J1v

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

5 months ago

ZiG slumps: Zimbabwe’s gold-backed currency weakened to a record low against the dollar, as the nation’s monetary authorities ruled out the need for intervention to support it. https://bloom.bg/3xMtP10

Rare export: South Africa’s growing citrus exports have been a rare bright spot in a stagnant economy. Now it's under threat from collapsing port and rail networks. https://bloom.bg/4cLbsbF

SAA rebuild: South African Airways plans to boost the number of aircrafts and add new destinations from its hub in Johannesburg as it rebuilds its business.

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

5 months ago

Pirate attacks: Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in both number and force. https://bloom.bg/45SnugX
Coal pact: South Africa is seeking to alter the terms of a landmark agreement tied to $2.6 billion in financing, under which it promised to cut its reliance on coal. https://bloom.bg/3VX3LbI
Travel boom: Oil and gas discoveries in Namibia are transforming the nation into a high-end business travel destination. https://bloom.bg/4bzQECJ
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

5 months ago

Death toll: Anti-government protests in Kenya left 39 people dead and hundreds more injured, according to an updated count by the country's National Commission on Human Rights. Demonstrations resumed in various cities on Tuesday. https://bloom.bg/3L4TpBv
Bankers protest: Democratic Republic of Congo’s banks are urging authorities to rethink requirements for lenders to diversify their shareholdings by as much as 45%, saying the regulation is impractical. https://bloom.bg/3zr5ApD
Mining spill: Endeavour Mining is studying the damage from the leak of poisonous liquid at its second-biggest mine located in southern Ivory Coast. https://bloom.bg/4cswDQ6
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

5 months, 1 week ago
A Chinatown shophouse mural depicting a …

A Chinatown shophouse mural depicting a Samsui woman with a cigarette in hand ignited a brief but heated debate after some complaints that the woman depicted looked like a prostitute and demands that parts of it be painted over. That and more in our free-to-read Singapore Edition newsletter: https://bloom.bg/4cE5ZDo

?: Roslan Rahman/AFP via Getty Images

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Breaking News | Observing world events unfold in the grand theater of our time.

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