Africa’s biggest IPO exposes continent’s cross-border investing barriers
NAIROBI — The historic stock market debut of Nigeria’s Dangote refinery was billed as an opportunity for investors across Africa to own a stake in the continent’s largest refining complex and finance its own industrial development. But the $1.6 billion share sale was not registered as a public offering outside Nigeria, the prospectus showed, leaving […]
US to livestream Army execution of Fort Hood shooter, Pentagon official says
WASHINGTON — The US will livestream the Army’s upcoming firing squad execution on December 3 of Nidal Hasan, who killed 13 people at Fort Hood, Texas, in a 2009 shooting spree, a Pentagon official said, in what would be an unprecedented move. Mr. Hasan, a former Army psychiatrist, is set to become the first person […]
Britain removes East Jerusalem consulate signage as Israeli shutdown deadline expires
JERUSALEM — Workers removed signs and plaques at the British Consulate in East Jerusalem overnight after Israel ordered it shut by Thursday over London’s plans to impose sanctions on settlements in the West Bank, further damaging strained ties between allies. Reuters journalists saw workers in the consulate remove a plaque reading “British Consulate General” and […]
British diplomats to remain at scaled-down mission in Jerusalem
JERUSALEM/LONDON — Britain and Israel announced on Thursday that the nearly 200-year-old British diplomatic mission in Jerusalem would stay open at a smaller scale and with a new name, in a compromise after Israel ordered the consulate shut in a sanctions dispute. Under the last-minute agreement, Britain will rename the consulate, founded in 1839, as […]
Venezuela’s Maduro to face new US charges over alleged torture of Americans, official says
WASHINGTON — Ousted Venezuelan President Nicolas Maduro and his wife Cilia Flores are expected to face new criminal charges in the United States over allegations that Americans detained in Venezuela were tortured, a US official said on Wednesday. The new charges could come as soon as Thursday, according to the official, who was briefed on […]
Experts propose ‘growth and investment reset’ to aid debt-ridden developing countries
WASHINGTON — The Rockefeller Foundation and its partners on Wednesday proposed an initiative to help heavily indebted developing countries access fresh funds to grow their economies, undertake needed investments and tap private capital flows. Three top development experts said the new “Growth and Investment Reset” was aimed at staving off deep debt distress for more […]
IMF chief warns energy shock, growing debt and AI risks threaten global growth
SINGAPORE — The global economy is under threat from persistently high energy prices, record public debt and risks from the AI investment boom, International Monetary Fund Managing Director Kristalina Georgieva warned on Wednesday, urging governments to implement protective fiscal and monetary policy measures. In a speech previewing IMF and World Bank Annual Meetings next week […]
Flydubai co-pilot completed portion of his flight training in New Zealand, police says
WELLINGTON — The flydubai co-pilot who stabbed his captain in an alleged attempt to crash a plane last week was in New Zealand seven years ago to complete a portion of his flight training for a UK-based company, New Zealand police said in a statement on Tuesday. Police said the man was in New Zealand […]
What to know about plague after suspected Siberian lab worker case
Plague is one of history’s most feared diseases, responsible for pandemics that killed tens of millions of people. Today, human cases are rare and can usually be treated with antibiotics. A suspected case of pneumonic plague in Siberia has renewed attention on the disease after a young worker at a Russian institute that studies plague […]
Middle East war sharpens focus on ASEAN energy security plans
MANILA — Southeast Asian energy ministers meeting in Manila this week face the prospect of a prolonged Middle East war that has exposed the region’s vulnerabilities to imported energy. As the US-Israeli war against Iran drags on, there is increased urgency for ASEAN to implement its proposed energy security plans and reduce its exposure to […]
