November, 2019

• 27 November

  South Africa’s Sasol pledges climate action

  Bloomberg Sasol, South Africa’s second-biggest producer of greenhouse gases after Eskom Holdings SOC, pledged more clarity on plans to reduce its impact on the environment. The company, which together with Eskom also produces pollutants such as sulfur dioxide and particulate emissions, said its long-term strategy will be released in November next year. Sasol has already promised to reduce greenhouse gas ...

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• 27 November

  Kim bolsters nuclear threat to US as Trump talks stall

  

  Bloomberg It’s been about two years since Kim Jong-un launched a missile capable of hitting the entire US, declared his nuclear weapons programme “complete” and halted all ICBM tests. In that time, the North Korean leader has also become an even bigger threat to America. Kim’s testing freeze ushered in unprecedented diplomacy with US President Donald Trump, leading to historic ...

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• 27 November

  Bangladesh sentences 7 to death for 2016 attack

  

  Bloomberg A trial court sentenced seven people to death for their roles in Bangladesh’s worst terrorist attack, which killed 20 diners, most of them foreigners, in a cafe in 2016. Judge Mojibur Rahman pronounced the verdict in a packed Dhaka courtroom on Wednesday, Dhaka Metropolitan Chief Public Prosecutor Abdullah Abu said at a briefing. The decision brings to a close ...

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• 27 November

  Kenyan panel recommends re-introducing post of PM

  Bloomberg Kenya should re-introduce the position of prime minister and name the runner up in presidential contests the leader of the opposition, a panel recommended in a bid to end violent disputes that have marred past ballots. The proposed establishment of the posts are part of a raft of suggestions by the so-called Building Bridges Initiative, which was established by ...

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• 27 November

  Merkel rebukes Macron with defense of NATO alliance

  

  Bloomberg German chancellor Angela Merkel made a spirited defense of the North Atlantic Treaty Organisation (NATO), saying Europe is currently too weak to defend itself without the support of the US-led military alliance. Merkel’s comments in a speech to the Bundestag were clearly directed at French President Emmanuel Macron, who has cast doubt on NATO’s future by suggesting the 29-nation ...

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• 27 November

  Labour accuses Tories over secret ‘US talks’

  

  Bloomberg Jeremy Corbyn accused Boris Johnson’s government of secretly negotiating with the US over the National Health Service (NHS) as he sought to shift the focus from a spat over antisemitism that has embroiled his campaign. “This election is now a fight for the survival of our National Health Service,” Corbyn said as he unveiled previously redacted documents about the ...

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• 27 November

  Japanese man detained in China on ‘espionage charge’

  Bloomberg A Japanese man in his 50s was taken into custody in China in July on suspicion of violating its laws, with the case potentially being a source of friction as prime minister Shinzo Abe seeks to host president Xi Jinping for a state visit next spring. Japanese chief cabinet secretary Yoshihide Suga said the man was taken into custody ...

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• 27 November

  How workaholics drive the economic inequality

  

  To the question of who created today’s economic inequality, there is now a new and intriguing answer: the internet. It has apparently turned millions among us into workaholics, lugging around our laptops, ready at a moment’s notice to tackle the latest digital chore. The trouble is that all this extra work — and the income it generates — is heavily ...

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• 27 November

  We may be approaching peak beef

  

  If you want a picture of the future, imagine a human face biting into a burger — forever. That’s certainly a popular view of the way the human diet is headed. As the world’s population grows and incomes rise, we’ll inevitably eat far more beef — the meat that’s considered the most expensive and prestigious in a remarkably wide range ...

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• 27 November

  Australian lenders are crashing down to earth

  For decades now, Australian banks have been a class apart. Thanks to a ceaselessly growing economy, an oligopolistic structure that prevents mergers between the big four lenders, and the loyalty of self-funded retirees who play a large part in the local stock market, they’ve been valued as if they’re in a fundamentally different business from counterparts in other countries. At ...

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