Recent Posts

Pro-Zuma protests close parts of South Africa trade route

Former south african president jacob zuma appears at the kwazulu natal high court in durban

Bloomberg Violent protests in South Africa linked to the arrest of former President Jacob Zuma forced the closure of a key trade route in the country after trucks were torched and roads blocked. Parts of the N3 Toll Route, linking the province’s Durban Harbour with the nation’s economic hub of Gauteng, remain shut after trucks were set alight on the ...

Read More »

Bolsonaro accuses Brazil electoral authorities of stealing votes

Flag day in brazil

Bloomberg President Jair Bolsonaro said, without providing evidence, that Brazil’s highest electoral authorities stole votes in previous elections and will do it again in the 2022 presidential contest unless congress approves his proposal to reintroduce paper ballots. The allegations are the latest in a series of unsubstantiated vote-fraud claims made by the far-right leader. They come just as opinion polls ...

Read More »

China’s central bank pivots to easing as growth risks build

Lead pix copy

Bloomberg China’s central bank cut the amount of cash most banks must hold in reserve, a move that went further than many economists had expected and suggested growing concerns about the economy’s faltering recovery. The People’s Bank of China (PBOC) will reduce the reserve requirement ratio by 0.5 percentage point for most banks, according to a statement. That will unleash ...

Read More »
Send this to a friend