Bloomberg Peru’s congress approved a constitutional reform to hold early presidential elections in a second bid to alleviate a political crisis that’s seen widespread unrest since former President Pedro Castillo was removed from office December 7. The reform passed by a two-thirds majority calls for early elections in April 2024, shortening the term of Castillo’s successor, Dina Boluarte, to July ...

  Bloomberg South African President Cyril Ramaphosa notched up another win in the leadership contest for the ruling African National Congress, after his allies secured a resounding majority of posts on party’s top decision-making structure. At least 65% of 80 additional members of the ANC’s National Executive Committee, who were elected at its December 16-20 national conference, appeared on a ...

Bloomberg Deutsche Bank AG is considering giving some of its top earners in Germany and other key markets an elevated salary increase to help offset surging inflation, while cutting bonuses for investment bankers who’ve seen weaker performance. For staff not covered by standard wage agreements, base pay is likely to rise by as much as 4% on average, people familiar ...