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Malawi’s new leader Chakwera sworn in

Bloomberg Lazarus Chakwera was sworn in as Malawi’s new leader on Sunday, a day after trouncing Peter Mutharika in a court-ordered election rerun, and pledged to unite the deeply dividend nation and clamp down on graft. “I know that there are many of you who did not vote for me in this election, and perhaps the prospect of my presidency ...

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Putin seizes moment to rule amid fading popularity

Bloomberg After two decades in power, Vladimir Putin’s approval ratings are at an all-time low as Russia’s economy reels under the impact of the coronavirus epidemic and the slump in oil prices. What better time for him to seek to extend his presidency for potentially 16 more years? It’s a measure of how tightly Putin has controlled the operation to ...

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UK PM vows heavy spending on economy, rejects austerity

Bloomberg Prime Minister Boris Johnson vowed the UK will spend large sums on hospitals, schools and roads to jump-start the economy as it emerges from the coronavirus lockdown that has plunged the country into what may be the worst recession in three centuries. In an interview in the Daily Mail, Johnson rejected a return to the austerity policies that followed ...

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