Haiti interim government sworn in as gangs hold capital ‘hostage’ and Kenya promises ‘rapid deployment’
Armed gangs, equipped with weapons trafficked largely from the United States, have for years tightened their grip on the capital and sought to topple Henry. Since he pledged to resign last month, they have called for a broader “revolution”.
Kenya’s better diversified sources of dollar revenues to rein inflation as Nigeria, Ghana’s spikes
Inflation in Nigeria is expected to quicken to 29.1 per cent this year from an average of 24.5 per cent last year, before it slows to 17.2 per cent next year. It hit a 28-year high of 33.2 per cent in annual terms last month. Nigeria central bank governor Olayemi Cardoso raised the monetary policy rate by 200 basis points to 24.75 per cent last month after a 400 basis point hike in February.
FTC report lays bare how corporate greed puts huge bite on working families who spend most of their income on food
Time and again, big companies tell us that if they could only get bigger, they would pass savings on to consumers. This is almost never true. Instead, they give money back to their investors and reward executives – like Walmart’s Doug McMillon, who takes home over $25 million a year, and Kroger’s Rodney McMullen, who makes more than $19 million. That’s 671 times more than the amount an average Kroger worker makes.
Dear COP29, it’s time to put women-led climate solutions on the agenda
It’s way past time to make gender equity an integral part of global climate policy and investing. This isn’t about PR, CSR, or even ESG. This is about basic common sense. Women are more likely to be affected by the impacts of climate change than men, meaning they are more likely to see and feel it coming, learn how to adapt, and care for others during extreme weather and natural disasters.
World Bank suspends $150m funding for Tanzania tourism project citing extrajudicial killings, sexual abuse in parks
At least $100 million has already been disbursed for the project, which started in 2017. The suspension of World Bank financing took effect April 18. The Oakland Institute, a California-based rights watchdog whose work focuses on marginalized communities, for years led calls for the World Bank to stop funding the project known by the acronym REGROW, documenting serious rights abuses suffered by Indigenous communities in the area.
World War III is on, but it’s not some conquering army sweeping its way across the continent
South of Ukraine, Azerbaijan and Armenia continue to simmer. Last year, Azerbaijan attacked the breakaway republic of Artsakh. With the backing of Turkey and Israeli weapons, Azerbaijan attempted to permanently squash the ethnic Armenian enclave, successfully driving tens of thousands of civilians into neighbouring countries.
Shift in character and tenor of modern conflicts gives Israel attack on Iran tone of World War III
As the media and the world awaits full-scale war between Iran and Israel and even frets about nuclear escalation, a huge reality of modern warfare is being overlooked: We are already fighting World War III. No, it is not empires marching armies through countries, conquering continents. And no, it isn’t millions of young men (and now women) pressed in uniform on scales of nearly 100 years ago. And no, in most societies where war is a constant, the public doesn’t even have to feel the pain of war, except in that the military dominates everything and robs everything else of resources: programmes to fight poverty, food, housing, health care, transportation, climate change.
Why WHO report predicts 77 per cent rise in cancers by 2050: ‘Covid vaccines damage immune system’
The cancer occurred in a 66-year-old man, mere days after he got his third Pfizer shot. Ironically, he got the shot to protect him during chemotherapy, and in eight days, the cancer just exploded and spread like wildfire. According to Makis, that kind of progression would normally take a couple of years or at least a few months.
South African police accused of helping criminals register security companies to access firearms
Naidoo told the court Gounden allegedly had the Verulam Police Station under his control and some detectives were on his payroll.
IMF says while Sub-Saharan Africa debt levels to fall, new funding has become scarce
After painful defaults for Zambia, Ghana and Ethiopia since 2020, a rise in external debt servicing and a fall in funds from overseas has led to the lowest net foreign flows into Sub-Saharan Africa since the global financial crisis of 2008-9, the IMF said.
