Stable power: A hundred days of continuous electricity supply is taken for granted in many nations. In South Africa, it’s a major milestone. https://bloom.bg/460exT6
Migrant's tale: Immigration policies in France were already getting tougher, but if Marine Le Pen's National Rally secures a majority in the upcoming elections, her party has promised to expel undocumented migrants. https://bloom.bg/45P7blj
Before deadline: Zimbabwe's president hints that the nation’s new bullion-backed ZiG will be the sole currency before a 2030 deadline to end the current multicurrency system. https://bloom.bg/3XM9J1v
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
Migrant's tale: Immigration policies in France were already getting tougher, but if Marine Le Pen's National Rally secures a majority in the upcoming elections, her party has promised to expel undocumented migrants. https://bloom.bg/45P7blj
Before deadline: Zimbabwe's president hints that the nation’s new bullion-backed ZiG will be the sole currency before a 2030 deadline to end the current multicurrency system. https://bloom.bg/3XM9J1v
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
Malls in Singapore face stiff competition from e-commerce, and from each other. Now, a much-hyped new retail destination is hoping to attract shoppers by giving space to local brands.
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/3Lamtr8
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/3Lamtr8
NEW: Biden trails Trump by just 2 points across key states, a Bloomberg News/Morning Consult shows, even as three in 10 Democrats say he should leave the race.
Read more findings from our new poll here: https://trib.al/FxNvF1i
📷: Hector Vivas/Getty Images
Read more findings from our new poll here: https://trib.al/FxNvF1i
📷: Hector Vivas/Getty Images
Boeing has agreed to plead guilty to criminal conspiracy to defraud the US and faces a criminal fine of as much as $487.2 million https://bloom.bg/4eRf51v
📷: Bloomberg
📷: Bloomberg
Mission impossible: Zimbabwe’s new central bank governor has done the seemingly impossible in his first 100 days — created a stable currency and tamed price pressures in a nation plagued by hyperinflation. https://bloom.bg/3Wb1UkC
Rebel support: Thousands of Rwandan troops are backing a rebellion in eastern Democratic Republic of Congo that has displaced millions of people and brought the two countries to the brink of war, according to United Nations report. https://bloom.bg/3zuW30S
Cold front: Maersk warns extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays. https://bloom.bg/4eQdgSp
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
Rebel support: Thousands of Rwandan troops are backing a rebellion in eastern Democratic Republic of Congo that has displaced millions of people and brought the two countries to the brink of war, according to United Nations report. https://bloom.bg/3zuW30S
Cold front: Maersk warns extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays. https://bloom.bg/4eQdgSp
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
Hong Kong is winning back wealthy Chinese by rolling out the red carpet for the rich while rival Singapore’s stepped-up money laundering rules are putting some customers off. More here: https://bloom.bg/4bGuS0i
📷: Paul Yeung/Bloomberg
📷: Paul Yeung/Bloomberg
Airport choices: The world’s top airports for 2024, according to AirHelp, include two surprising South African hubs -- Cape Town International Airport and Johannesburg's OR Tambo. https://bloom.bg/3zzFb9b
Junk rating: Kenya’s credit rating was plunged deeper into junk territory by Moody’s after deadly protests forced the East African nation to scrap a plan to raise more than $2 billion in new taxes. https://bloom.bg/4bzonfJ
Another term: Ivory Coast’s ruling party is mobilizing support for President Alassane Ouattara to seek a controversial fourth term in office. https://bloom.bg/4eV9c3m
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
Junk rating: Kenya’s credit rating was plunged deeper into junk territory by Moody’s after deadly protests forced the East African nation to scrap a plan to raise more than $2 billion in new taxes. https://bloom.bg/4bzonfJ
Another term: Ivory Coast’s ruling party is mobilizing support for President Alassane Ouattara to seek a controversial fourth term in office. https://bloom.bg/4eV9c3m
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: China’s Luckin Coffee is the nation’s top coffee retailer, overtaking even Starbucks. But just a few years ago, it filed for bankruptcy.
How did it manage the turnaround? Listen to the Big Take Asia podcast ⬇ https://link.podtrac.com/jxfy2rhy
How did it manage the turnaround? Listen to the Big Take Asia podcast ⬇ https://link.podtrac.com/jxfy2rhy
Indian passports are notoriously weak, but as India gets wealthier, the situation is improving. Here's what is changing from Peru to Morocco and Europe to Japan: https://bit.ly/3Y0yKGf
📷: Visage via Getty
📷: Visage via Getty
BREAKING: Archegos founder Bill Hwang was found guilty of criminal charges stemming from his firm’s 2021 collapse, concluding a two-month trial that captivated Wall Street. Read more from the verdict here: https://trib.al/m87IOeD
📷: Jeenah Moon/Bloomberg
📷: Jeenah Moon/Bloomberg
Repaying debt: Kenya needs about $26 billion to pay off existing foreign debts over the next decade. Its options are dwindling after deadly protests thwarted plans for new taxes. https://bit.ly/3XZof5X
Gold backed: Uganda has become the latest African nation to turn to gold to back up its currency, in a move similar to plans in Nigeria and Zimbabwe’s ZiG. It will buy bullion from local suppliers to build up its reserves as foreign-currency holdings decline. https://bit.ly/3W76m2S
Oil inflows: Nigeria’s new Dangote mega-refinery is lapping up ever more US crude, bringing the barrels thousands of miles across the Atlantic ocean. https://bit.ly/3LjTIZ9
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
Gold backed: Uganda has become the latest African nation to turn to gold to back up its currency, in a move similar to plans in Nigeria and Zimbabwe’s ZiG. It will buy bullion from local suppliers to build up its reserves as foreign-currency holdings decline. https://bit.ly/3W76m2S
Oil inflows: Nigeria’s new Dangote mega-refinery is lapping up ever more US crude, bringing the barrels thousands of miles across the Atlantic ocean. https://bit.ly/3LjTIZ9
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
From private jets to helicopter rides, and VIP tickets to Michelin-star chefs, the luxury travel industry is roaring back.
A cornerstone of that rebound is Asia, where a slew of pricey hotels and resorts have opened in recent years to serve flush travelers. See where and what the mega-rich are splurging on in Asia: https://bloom.bg/4f0EXbq
📷: Red Savannah
A cornerstone of that rebound is Asia, where a slew of pricey hotels and resorts have opened in recent years to serve flush travelers. See where and what the mega-rich are splurging on in Asia: https://bloom.bg/4f0EXbq
📷: Red Savannah
State control: President Paul Kagame has become a key Western ally and has won plaudits for Rwanda's transformation. But as he looks to extend his 30 years in power, scrutiny of political suppression in the country grows. https://bloom.bg/3xQDmnR
Billions in bribes: Nigerian officials are demanding and receiving bribes to deliver public services, taking in $1.3 billion last year, according to a corruption survey by the nation's statistics agency. https://bloom.bg/4bAi3EM
Cabinet fired: Kenyan President William Ruto’s decision to fire most of his cabinet — one of the main demands of anti-government protesters — has been met with skepticism by markets.https://bloom.bg/4fb58MG
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
Billions in bribes: Nigerian officials are demanding and receiving bribes to deliver public services, taking in $1.3 billion last year, according to a corruption survey by the nation's statistics agency. https://bloom.bg/4bAi3EM
Cabinet fired: Kenyan President William Ruto’s decision to fire most of his cabinet — one of the main demands of anti-government protesters — has been met with skepticism by markets.https://bloom.bg/4fb58MG
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
More Singaporeans are marrying early — not just for love, but to get a state-subsidized home. Are the city-state's housing policies putting pressure on couples?
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/4cTa9bf
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/4cTa9bf
BREAKING: Former President Donald Trump was rushed off stage during a rally in Butler, Pennsylvania on Saturday.
Secret Service agents were seen escorting Trump away and yelling “get down.” Police are reportedly telling onlookers to leave the rally. Read the latest here: https://trib.al/xbT1FTC
📷: Anna Moneymaker/Getty Images
Secret Service agents were seen escorting Trump away and yelling “get down.” Police are reportedly telling onlookers to leave the rally. Read the latest here: https://trib.al/xbT1FTC
📷: Anna Moneymaker/Getty Images
Bloomberg reporter Hadriana Lowenkron was at the rally in Pennsylvania where the shooting happened. She’s covered many of these rallies, which are often repetitive and can easily blend together. Saturday’s event was anything but routine. Here’s how she described the scene: https://bloom.bg/3LoSTyi
📷: Jeff Swensen/Getty Images
📷: Jeff Swensen/Getty Images
A moment of terrifying political violence at a Pennsylvania rally instantly turned into a piece of Donald Trump iconography that’s likely to turbo charge his presidential bid https://bloom.bg/467GqJ0
📷: Evan Vucci/AP Photos
📷: Evan Vucci/AP Photos
President Joe Biden implores candidates to cool their rhetoric after the assassination attempt on Donald Trump, warning the nation was heading down a dangerous path in which violence subverts the will of Americans https://bloom.bg/4cXFNno
📷: Erin Schaff/The New York Times/Bloomberg
📷: Erin Schaff/The New York Times/Bloomberg
Gold standard: Zimbabwe’s new central bank Governor John Mushayavanhu says he's building up the nation’s gold reserves to help support the ZiG currency. https://bloom.bg/3zIe8Zv
Green power: Five development-finance institutions are seeking a way to develop the world’s biggest electricity-generation project, the planned Grand Inga hydropower complex on the Congo river that’s been stalled for decades. https://bloom.bg/3W75E5v
Protests resume: Kenyan police used teargas to disperse crowds in some of the nation’s biggest cities, as protesters demanded the president step down. https://bloom.bg/3Sbg1nP
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
Green power: Five development-finance institutions are seeking a way to develop the world’s biggest electricity-generation project, the planned Grand Inga hydropower complex on the Congo river that’s been stalled for decades. https://bloom.bg/3W75E5v
Protests resume: Kenyan police used teargas to disperse crowds in some of the nation’s biggest cities, as protesters demanded the president step down. https://bloom.bg/3Sbg1nP
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
Visa regime: South Africa must fix a "hostile" work-permit system or sacrifice growth, the country’s new Home Affairs minister said, pledging to resolve a crisis that employers say limits investment. https://bloom.bg/3y1ssLV
Rates calls: African central banks set to decide on interest rates in the next three weeks are unlikely to follow the tide of global easing and maintain tight monetary policies, with one exception. https://bloom.bg/3Y7CR3j
Dollar planes: Businesses are flying planes full of US dollars into Zimbabwe several times a month, a sign of how far people will go to avoid the new ZiG currency. https://bloom.bg/3SdtpI5
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
Rates calls: African central banks set to decide on interest rates in the next three weeks are unlikely to follow the tide of global easing and maintain tight monetary policies, with one exception. https://bloom.bg/3Y7CR3j
Dollar planes: Businesses are flying planes full of US dollars into Zimbabwe several times a month, a sign of how far people will go to avoid the new ZiG currency. https://bloom.bg/3SdtpI5
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