Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in South Africa, spelling an end to cheap coverage in the continent’s most developed insurance market. Insurance premiums are climbing worldwide on the back of rising inflation and interest …
Read More »NATO, US forces join Romania-led Black Sea military drills
Romania’s navy led multinational military drills in the Black Sea region Thursday that brought together U.S. and NATO troops as the 30-nation alliance looks to boost security on its southeastern flank amid Russia’s ongoing war in Ukraine. The sea and air exercises are part of a series of drills known …
Read More »Greece’s defense minister to visit Turkey to ease tensions between 2 NATO members
Greece’s defense minister announced Thursday that he will travel to neighboring Turkey next week as part of an effort to ease tension between the two NATO members, which have long-standing and often volatile disputes. Nikos Panagiotopoulos told reporters in Athens that he would visit areas devastated by earthquakes in early …
Read More »US foreign policy ‘paralysis’ allowed China opportunity to pursue path to ‘top superpower’: experts
U.S. foreign policy has stalled in key regions as the Biden administration focuses on China as its paramount threat. It’s allowed Beijing to present itself as a superior alternative as it seeks to become the top global superpower, according to experts. “I think the U.S. policy has been one of …
Read More »Senegal’s top opposition politician gets 2-month suspended sentence for libel
Senegal’s top opposition leader has been given a two-month suspended sentence after being found guilty of libel. Ousmane Sonko on Thursday was convicted of spreading false statements and will also have to pay about $330,000 to Minister of Tourism Mame Mbaye Niang, who accused the politician of defamation and public …
Read More »British pot kingpin convicted of 9-year-old girl’s killing
A drug dealer was convicted Thursday of killing a 9-year-old girl in the English city of Liverpool when he fired at a man who was trying to push his way into her house to escape the gunman. Thomas Cashman, 34, was found guilty by a jury at Manchester Crown Court …
Read More »Bolsonaro returns to Brazil after 3-month Florida trip
Former right-wing Brazilian President Jair Bolsonaro returned to his home country Thursday after staying in Florida for three months following his election loss to leftist Luiz Inácio Lula da Silva. Bolsonaro landed at the Brasília airport where hundreds of supporters had gathered to meet the former president. Those hoping to …
Read More »High life: Alleged drug dealer hides from cop in plain sight in surreal photo
An incredible image distributed by British prosecutors captures a moment of embarrassment as a police officer fails to catch a criminal less than a foot away from him. Etmond Lika, 32, was wanted by police in connection to the production of cannabis, a controlled Class B drug in the United …
Read More »Egypt announces 2% rate hike as inflation worsens
Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online statement, the bank’s monetary policy committee said the most basic lending rate, the overnight deposit rate, has increased from 16.25% to 18.25%. …
Read More »Third round of Kenyan anti-government protests begins despite legal crackdown
Kenya’s opposition leader Raila Odinga has led thousands of protesters in a third round of anti-government demonstrations on Thursday as the government warned that no more violent protests would be tolerated. The opposition is blaming President William Ruto for the rising cost of living and alleges he illegally manipulated his …
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