Channel: Bloomberg
Twenty people remain in intensive care after turbulence hit a Singapore Air flight, while 14 needed surgery as of Wednesday, Thailand authorities say. More here: https://bloom.bg/4bv3bbp
📷: Valeria Mongelli/Bloomberg
📷: Valeria Mongelli/Bloomberg
Road deal: Kenya signs a $3.6 billion agreement with Virginia-based Everstrong Capital to build an expressway linking the nation’s two largest cities, one of several deals to be announced during President William Ruto’s US visit. https://bloom.bg/3ULvZFq
IMF backs ZIG: The International Monetary Fund welcomes Zimbabwe’s introduction of a new gold-backed currency as a positive step, in its first substantive comment on the ZiG since it was introduced last month. https://bloom.bg/4as3qTu
Elections rally: South African’s financial markets are brimming with optimism as voters get ready to cast their ballot. https://bloom.bg/44SsJNo
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
IMF backs ZIG: The International Monetary Fund welcomes Zimbabwe’s introduction of a new gold-backed currency as a positive step, in its first substantive comment on the ZiG since it was introduced last month. https://bloom.bg/4as3qTu
Elections rally: South African’s financial markets are brimming with optimism as voters get ready to cast their ballot. https://bloom.bg/44SsJNo
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Tracking election: S&P Global says it will closely monitor the outcome of South African elections next week and subsequent government policies to address issues from crime to energy supply that have deterred investment. https://bloom.bg/4axUpbE
Currency bans: Nigeria steps up efforts to curb speculation against the battered naira, slapping tough new conditions on bureau de change and banning street trading in foreign currency. https://bloom.bg/44TKsE8
Unlocking funds: Ghana receives a draft agreement to restructure debt owed to official creditors that would unlock a $360 million payment from the International Monetary Fund. https://bloom.bg/3WTL76k
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Currency bans: Nigeria steps up efforts to curb speculation against the battered naira, slapping tough new conditions on bureau de change and banning street trading in foreign currency. https://bloom.bg/44TKsE8
Unlocking funds: Ghana receives a draft agreement to restructure debt owed to official creditors that would unlock a $360 million payment from the International Monetary Fund. https://bloom.bg/3WTL76k
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
South Africa election: Finance Minister Enoch Godongwana says he is prepared to stay in his current role after the election and urged the country to choose stability over “chaos” by voting for the African National Congress. https://bloom.bg/3yDQpJn
African data centers: Raxio, a data-center company backed by global investor Meridiam Infrastructure Partners and US private equity firm Roha, is opening its first facility in Mozambique as part of a $290 million investment strategy in Africa. https://bloom.bg/3WUF2qx
More troops: Rwanda deploys another 2,000 soldiers to gas-rich Mozambique, where Islamic State-linked violence that’s delayed a $20 billion TotalEnergies project for three years has surged in recent months. https://bloom.bg/4aFQb1F
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
African data centers: Raxio, a data-center company backed by global investor Meridiam Infrastructure Partners and US private equity firm Roha, is opening its first facility in Mozambique as part of a $290 million investment strategy in Africa. https://bloom.bg/3WUF2qx
More troops: Rwanda deploys another 2,000 soldiers to gas-rich Mozambique, where Islamic State-linked violence that’s delayed a $20 billion TotalEnergies project for three years has surged in recent months. https://bloom.bg/4aFQb1F
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
🎙 NEW: Japan is debating restarting the world’s biggest nuclear plant. But the memory of the Fukushima disaster looms large.
Today on The Big Take Asia podcast, Shoko Oda and K. Oanh Ha report on what the restart would mean for Japan. https://link.podtrac.com/jxfy2rhy
Today on The Big Take Asia podcast, Shoko Oda and K. Oanh Ha report on what the restart would mean for Japan. https://link.podtrac.com/jxfy2rhy
ZiG deflation: Zimbabwe, which has become synonymous with runaway inflation, is now contending with deflation following the introduction of its new currency. https://bloom.bg/3yzqdzk
Nigeria investors: One year after President Bola Tinubu came to office, investor excitement over his reforms has faded. Some, though, say they’ll reconsider their positions if Nigeria stabilizes its currency and enacts more change. https://bloom.bg/3UTE8rq
Historic election: South Africans are voting in an election that looks set to reshape a political landscape dominated for three decades by the party that Nelson Mandela led to power. https://bloom.bg/4c1IqEp
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Nigeria investors: One year after President Bola Tinubu came to office, investor excitement over his reforms has faded. Some, though, say they’ll reconsider their positions if Nigeria stabilizes its currency and enacts more change. https://bloom.bg/3UTE8rq
Historic election: South Africans are voting in an election that looks set to reshape a political landscape dominated for three decades by the party that Nelson Mandela led to power. https://bloom.bg/4c1IqEp
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Uncharted waters: South Africa’s ruling party looks set to fall well short of retaining its parliamentary majority in its worst electoral performance since coming to power at the end of apartheid three decades ago, a model developed by a state research agency shows. https://bloom.bg/4aInwJ6
Inflation rises: Zambia’s annual inflation accelerated further in May, fanned by currency weakness and the effects of an El Niño-induced drought, the worst in at least four decades. https://bloom.bg/3KlC7Q4
African gold smuggled: Billions of dollars of gold is smuggled out of Africa every year, with the vast majority exported to the United Arab Emirates, according to a report by SwissAid. https://bloom.bg/4bZg0ux
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Inflation rises: Zambia’s annual inflation accelerated further in May, fanned by currency weakness and the effects of an El Niño-induced drought, the worst in at least four decades. https://bloom.bg/3KlC7Q4
African gold smuggled: Billions of dollars of gold is smuggled out of Africa every year, with the vast majority exported to the United Arab Emirates, according to a report by SwissAid. https://bloom.bg/4bZg0ux
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
BREAKING: Trump was found guilty Thursday on all 34 counts of falsifying business records to conceal a hush-money payment to adult-film actress Stormy Daniels just before the 2016 election. Read our continuing coverage here: https://trib.al/mrWBFhY
📷: Steven Hirsch-Pool/Getty Images
📷: Steven Hirsch-Pool/Getty Images
A growing number of billionaires are throwing their weight behind Trump — criminal conviction be damned. Read the full story: https://bloom.bg/3wTGHSB
📷: Justin Lane/EPA
📷: Justin Lane/EPA
Policy dominance: Nigerian lawmakers want to strip the central bank of the final decision in setting interest rates, instead proposing a new team to be headed by the minister of finance. https://bloom.bg/4bF07K5
Coalition talks: South African President Cyril Ramaphosa is under pressure from his closest party allies to form a coalition with the Democratic Alliance after this week’s crushing election blow, according to people familiar with the matter. https://bloom.bg/4bCdiva
Currency crackdown: Out of options to defend their currencies, African policymakers from Harare in the south to Juba in the east and Lagos in the west are cracking down on street dealers. https://bloom.bg/4e1trvU
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Coalition talks: South African President Cyril Ramaphosa is under pressure from his closest party allies to form a coalition with the Democratic Alliance after this week’s crushing election blow, according to people familiar with the matter. https://bloom.bg/4bCdiva
Currency crackdown: Out of options to defend their currencies, African policymakers from Harare in the south to Juba in the east and Lagos in the west are cracking down on street dealers. https://bloom.bg/4e1trvU
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
The world’s geopolitical headaches have come to Singapore. There are defense conferences all over the world, but none are like the Shangri-La Dialogue.
So what makes it so special? Find out in the latest issue of our free Singapore Edition newsletter: https://bloom.bg/4c2wm5K
📷: Ore Huiying/Bloomberg
So what makes it so special? Find out in the latest issue of our free Singapore Edition newsletter: https://bloom.bg/4c2wm5K
📷: Ore Huiying/Bloomberg
BREAKING: Early exit polls show Narendra Modi’s party is set to win a majority in India’s election for the third time in a row https://bloom.bg/4dXNkUJ
📷: Prakash Singh/Bloomberg
📷: Prakash Singh/Bloomberg
BREAKING: India's exit polls signal a landslide victory for Narendra Modi’s party, extending his decade in power atop the world’s fastest-growing major economy https://bloom.bg/4dXNkUJ
📷 Ritesh Shukla/Getty Images
📷 Ritesh Shukla/Getty Images
Not only does South India look to be be softening to Modi’s politics, but he also seems to be winning over Bengal. Read Menaka Doshi's key takeaways from the exit polls in this special edition of the India Elections newsletter (Free to read): https://bloom.bg/3RaUJpF
📷 Ritesh Shukla/Getty Images AsiaPac
📷 Ritesh Shukla/Getty Images AsiaPac
🔓Through the election, India Edition subscribers can access all the links in this newsletter for free. You can sign up to get it in your inbox here https://bloom.bg/3VlPzK6
Exit polls indicate Narendra Modi will return as India's prime minister for a third term with a strong majority
Anonymous Poll
64%
I agree with the exit polls — it will be a Modi sweep
25%
I slightly disagree with the exit polls — Modi will return but not as strongly
17%
I totally disagree with the exit polls—it will be a surprise upset when votes are counted on June 4
As India’s six-week election concludes, all eyes are on the reaction to the exit polls. Follow our free-to-read live blog for all the market movements, from stocks to the rupee: https://bloom.bg/4aFFPig
📷: Dhiraj Singh/Bloomberg
📷: Dhiraj Singh/Bloomberg
BREAKING: Claudia Sheinbaum is set to become Mexico’s first female president in a landslide victory, exit polls show. Follow our blog for the latest updates: https://bloom.bg/4564zz4
📷: Stephania Corpi/Bloomberg
📷: Stephania Corpi/Bloomberg
🚨 Indians have voted and markets have surged — what more can investors expect now? Our journalists are answering your questions in our free-to-read live blog.
Send your questions to [email protected] and we will answer here: https://bloom.bg/4aFFPig
Send your questions to [email protected] and we will answer here: https://bloom.bg/4aFFPig
Election uncertainty: Investors braced for further upheaval in South African financial markets after last week’s elections produced no outright winner, and the outcome of ongoing coalition talks remain highly uncertain. https://bloom.bg/3yIJe2p
African treasure: Russia is seeking to take over uranium assets in Niger held by a state-controlled French company, posing a threat to Western interests in Africa, sources say. https://bloom.bg/3X6RIup
Lost appeal: Shell loses an appeal in a South African court that sought to overturn a judgment blocking an offshore seismic survey opposed by environmental groups. https://bloom.bg/3R66w8D
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
African treasure: Russia is seeking to take over uranium assets in Niger held by a state-controlled French company, posing a threat to Western interests in Africa, sources say. https://bloom.bg/3X6RIup
Lost appeal: Shell loses an appeal in a South African court that sought to overturn a judgment blocking an offshore seismic survey opposed by environmental groups. https://bloom.bg/3R66w8D
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
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