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Ramaphosa tightens hold on ruling party

Bloomberg A campaign for South African President Cyril Ramaphosa to retain the leadership of the ruling African National Congress (ANC) when it holds internal elections in December is gathering momentum, with some key party officials throwing their weight behind him. “There is an emerging consensus that the president must get a second term,” Justice and Correctional Services Minister Ronald Lamola, ...

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300,000 people in isolation or quarantine: Hong Kong

Bloomberg About 300,000 people in Hong Kong are currently in isolation or under home quarantine because of Covid, Chief Executive Officer Carrie Lam said at a press conference on Sunday. The city has boosted support for isolated people because of the high numbers and will start sending medical packages to Covid patients from Monday, officials said. The supplies will include ...

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Russia lost access to half its reserves: Siluanov

Bloomberg Russia has already lost access to almost half of its reserves and sees more risks to President Vladimir Putin’s war chest due to increased pressure from the West on China, said Finance Minister Anton Siluanov. “The total volume of our reserves is about $640 billion, and about $300 billion are in such condition that we can’t use them now,” ...

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