Higher for longer: South Africa’s central bank keeps interest rates on hold, citing lingering concerns about inflation although some policymakers voted for a cut. https://bloom.bg/3zJPfwu
Protests ban: Kenya’s police warns anti-government protesters to stay out of the capital, Nairobi, citing a threat to security. https://bloom.bg/3Wrt2Mh
Hunger looms: More than half of Zimbabwe’s rural population faces food insecurity by the first quarter of next year after an El Nino-induced drought slashed crop output. https://bloom.bg/3LqXmk9
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
Protests ban: Kenya’s police warns anti-government protesters to stay out of the capital, Nairobi, citing a threat to security. https://bloom.bg/3Wrt2Mh
Hunger looms: More than half of Zimbabwe’s rural population faces food insecurity by the first quarter of next year after an El Nino-induced drought slashed crop output. https://bloom.bg/3LqXmk9
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
🎙 Nobel Peace Prize-winning economist Muhammad Yunus pioneered microcredit – giving tiny loans to the world’s poorest people. He now faces life imprisonment in Bangladesh. How did he get there?
Listen to the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
Listen to the Big Take Asia podcast: https://link.podtrac.com/jxfy2rhy
A series of technical glitches is disrupting services worldwide, from airlines to banks, after Microsoft reported an outage. Follow for live updates: https://bloom.bg/3WiwN5M
📷: David Paul Morris/Bloomberg
📷: David Paul Morris/Bloomberg
Dedollarization: Zambia’s proposed ban on charging foreign currency in local transactions — punishable with 10-year jail terms — might defeat its own purpose, according to the IMF. https://bloom.bg/3Wr9QhV
GNU dawn: South African President Cyril Ramaphosa said his new multi-party administration will prioritize economic growth by tackling structural reform, fixing badly-run municipalities, cutting red tape and ramping up infrastructure investment. https://bloom.bg/3SaDmpK
Tech meltdown: Capitec Bank, South Africa’s biggest bank by number of customers, said it managed to restore all its banking services hours after a widespread global computer outage. https://bloom.bg/3LuEQXX
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
GNU dawn: South African President Cyril Ramaphosa said his new multi-party administration will prioritize economic growth by tackling structural reform, fixing badly-run municipalities, cutting red tape and ramping up infrastructure investment. https://bloom.bg/3SaDmpK
Tech meltdown: Capitec Bank, South Africa’s biggest bank by number of customers, said it managed to restore all its banking services hours after a widespread global computer outage. https://bloom.bg/3LuEQXX
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
Singapore's luxury boom is waning as China's ultra-rich scale back their spending on mansions and supercars. Now, residents are wondering if it's brought them any benefits.
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/46c4cmV
📷: Edwin Koo/Bloomberg
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/46c4cmV
📷: Edwin Koo/Bloomberg
President Joe Biden has dropped out of the 2024 US presidential election and endorse Kamala Harris, following weeks of speculation about his fitness to run the country for another four years. Read our live blog for the latest: https://trib.al/v7TgRMy
“I am honored to have the President’s endorsement and my intention is to earn and win this nomination. Over the past year, I have traveled across the country, talking with Americans about the clear choice in this momentous election,” Vice President Harris said in a statement.
Shortly after Biden dropped his reelection bid, Harris received endorsements from several prominent Democrats, including Bill and Hillary Clinton. Read the latest here: https://trib.al/BCst7oB
📷: NASA via Getty Images
Shortly after Biden dropped his reelection bid, Harris received endorsements from several prominent Democrats, including Bill and Hillary Clinton. Read the latest here: https://trib.al/BCst7oB
📷: NASA via Getty Images
Passing the baton to Kamala Harris is a $96 million bet that she can energize the campaign in the shortest presidential race in history. Read the Big Take to understand Biden's decision to drop out https://bloom.bg/46bFuDj
📷: Michael Reynolds/EPA/Bloomberg
📷: Michael Reynolds/EPA/Bloomberg
Nigeria standoff: Aliko Dangote, Africa’s richest man, has been battling with authorities in his home nation Nigeria, scrapping a plan to invest in a steel plant as lawmakers consider a probe into the quality of fuel from his mega oil refinery. https://bloom.bg/46n6PT5
Shilling riot: Anti-government riots that disrupted Kenya’s economy for the past month and spooked investors are hurting its currency, which has suffered its longest decline since January. https://bloom.bg/3WbbfYF
Pensions law: South African President Cyril Ramaphosa signed a law that will give savers early access to part of their retirement funds. https://bloom.bg/4dedill
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
Shilling riot: Anti-government riots that disrupted Kenya’s economy for the past month and spooked investors are hurting its currency, which has suffered its longest decline since January. https://bloom.bg/3WbbfYF
Pensions law: South African President Cyril Ramaphosa signed a law that will give savers early access to part of their retirement funds. https://bloom.bg/4dedill
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
Roblox is the internet's biggest playground for kids. But in its fight to keep pedophiles away, it's not always winning. Read our investigation here: https://trib.al/uXvKKqm
📷: Elliot Gray
📷: Elliot Gray
BREAKING: Kamala Harris has enough pledged delegates to clinch the Democratic nomination for president, according to an AP survey https://bloom.bg/4cXuWKM
📷: Brendan Smialowski/AFP/Getty Images
📷: Brendan Smialowski/AFP/Getty Images
India is unveiling its budget for the financial year, the first since Modi's party lost its majority in parliament. Follow our free-to-read live blog here: https://bloom.bg/3YesISn
📷: Prakash Singh/Bloomberg
📷: Prakash Singh/Bloomberg
Anti-graft rally: Ugandan police detained several protesters marching in the capital against alleged corruption in the nation’s parliament. https://bloom.bg/3A59THe
Price crash: The devaluation of the Egyptian pound has sent prices for big-ticket items like cars and furniture tumbling, leading to delayed purchases and impacting Egypt's consumer-driven economy. https://bloom.bg/4daeWVi
Rates hike: Nigeria’s central bank lifted its key interest rate for a 12th straight time to a record high. https://bloom.bg/3LCwsWE
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
Price crash: The devaluation of the Egyptian pound has sent prices for big-ticket items like cars and furniture tumbling, leading to delayed purchases and impacting Egypt's consumer-driven economy. https://bloom.bg/4daeWVi
Rates hike: Nigeria’s central bank lifted its key interest rate for a 12th straight time to a record high. https://bloom.bg/3LCwsWE
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
🚨 LIVE: Does Modi 3.0's first budget kickstart India's transformation into a developed nation? Menaka Doshi analyzes the budget fine print with Sajjid Z. Chinoy, chief India economist of J.P. Morgan.
Register for free to watch live and submit questions: https://bloom.bg/3Sk6ACu
Register for free to watch live and submit questions: https://bloom.bg/3Sk6ACu
🎙 BTS, Blackpink and EXO brought global audiences to K-pop.
Now, Sohee Kim tells Sarah Holder why some say the industry’s plans for expansion are threatening its identity https://link.podtrac.com/jxfy2rhy
Now, Sohee Kim tells Sarah Holder why some say the industry’s plans for expansion are threatening its identity https://link.podtrac.com/jxfy2rhy
Having a Singapore passport means getting visa-free entry to a record 195 global destinations, putting the city state at the top on the Henley Passport Index. See the full list https://bloom.bg/3Sknwcb
📷: Roslan Rahman/AFP/Getty Images
📷: Roslan Rahman/AFP/Getty Images
New cabinet: Kenyan President William Ruto names John Mbadi as finance minister, as he extends an overhaul of his administration to end anti-government protests in which at least 54 people have died. https://bloom.bg/3LDYr8e
Unfriended: Facebook parent company Meta Platforms removed 63,000 accounts in Nigeria linked to scammers who were using its social media services to blackmail targets after soliciting intimate photos. https://bloom.bg/3WkdJUn
Gold is back: African nations are rushing to build their bullion reserves to hedge against geopolitical tensions that have battered their currencies and fanned inflation. https://bloom.bg/3ShwBT6
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
Unfriended: Facebook parent company Meta Platforms removed 63,000 accounts in Nigeria linked to scammers who were using its social media services to blackmail targets after soliciting intimate photos. https://bloom.bg/3WkdJUn
Gold is back: African nations are rushing to build their bullion reserves to hedge against geopolitical tensions that have battered their currencies and fanned inflation. https://bloom.bg/3ShwBT6
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
Airline passengers around the world are winning some respite from the fare madness that followed the pandemic — and further price declines are coming https://bloom.bg/3WzyIEg
📷: Akos Stiller/Bloomberg
📷: Akos Stiller/Bloomberg
Climate targets missed: South Africa is falling short of its ambitious targets and commitments to combat and prepare for climate change, an advisory body appointed by the nation’s president said. https://bloom.bg/4flydFk
Food costs surge: Zambia’s annual inflation rate climbs in July to the highest level since December 2021, even as the southern African nation considers rules to curb increasing dollarization that’s making it harder to contain price pressures. https://bloom.bg/3WCj7Uo
Fuel price hike: Egypt raises prices for a wide range of fuel products by up to 15%, the latest trimming of state subsidies following a new pact with the International Monetary Fund. https://bloom.bg/4c0NxnQ
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
Food costs surge: Zambia’s annual inflation rate climbs in July to the highest level since December 2021, even as the southern African nation considers rules to curb increasing dollarization that’s making it harder to contain price pressures. https://bloom.bg/3WCj7Uo
Fuel price hike: Egypt raises prices for a wide range of fuel products by up to 15%, the latest trimming of state subsidies following a new pact with the International Monetary Fund. https://bloom.bg/4c0NxnQ
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
Despite the explosive growth of K-pop to a $9.2 billion a year business, the industry is at a crossroads. To try and expand its global appeal, it’s consciously trying to become less. Korean.
Read more about the K-pop industry's tactical shift here: https://trib.al/xFEbRNM
📷: Additional photography via Getty Images
Read more about the K-pop industry's tactical shift here: https://trib.al/xFEbRNM
📷: Additional photography via Getty Images