Bloomberg Former Pakistani PM Nawaz Sharif will return to the country from London on July 13 to face a 10-year jail sentence handed down by an anti-corruption court, which convicted him for not declaring assets. Sharif will reach Lahore, his home town and political stronghold, his daughter Maryam, said in a Twitter post. Maryam, who will also return to Pakistan ...

Bloomberg Ethiopia and Eritrea signed a declaration of peace and agreed to reestablish key economic links after an unprecedented summit between the Horn of Africa nations’ leaders that marked the end of almost two decades of strife. The announcements by an Eritrean official and the Ethiopian state-owned broadcaster Fana followed Prime Minister Abiy Ahmed’s visit to the Eritrean capital, Asmara, ...

Bloomberg If a US or global recession is looming, it’s time to own the Swiss franc, Singapore dollar, US dollar and Japanese yen – and ditch emerging market currencies, according to analysts from JPMorgan Chase & Co. “Recessions are when creditors get to ask for their money back,” analysts including Paul Meggyesi said in a note. “Three of the top ...