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South Africa’s Ramaphosa pledges to fix ANC

Bloomberg South Africa’s governing African National Congress (ANC) is intent on turning itself around and addressing voter disillusionment over poor government services and high levels of crime, poverty and unemployment, President Cyril Ramaphosa said. “The renewable process is irreversible, it is irrevocable,” Ramaphosa told a rally at a stadium in the central city of Mangaung, where the party was founded ...

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Macron’s pension plan may get oppn nod

Bloomberg French President Emmanuel Macron’s plan to increase the retirement age to preserve the financial balance of the national pension system may get the backing of the Republican opposition party, its leader Eric Ciotti said. An overhaul that would progressively raise the retirement age from 62 currently to 64 in 2032 may be acceptable, the president of the conservative party ...

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DCG faces US investigation over internal fund transfers

  Bloomberg US authorities are digging into the internal financial dealings of Barry Silbert’s expansive crypto empire, according to people familiar with the matter. Federal prosecutors in Brooklyn are scrutinising transfers between Digital Currency Group (DCG) and an embattled subsidiary that offers crypto lending services, said the people, who asked not to be named because the probe hasn’t been made ...

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