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[1/2] Hundreds of migrants, mostly from Nicaragua, are released by U.S. Customs and Border Protection near a bus station in downtown El Paso, Texas, U.S. December 13, 2022. REUTERS/Ivan Pierre AguirreDec 17 (Reuters) - The mayor of the Texas border city of El Paso declared a state of emergency on Saturday, citing the hundreds of migrants sleeping on the streets in cold temperatures and the thousands being apprehended every day. Mayor Oscar Leeser, a Democrat, said the emergency declaration would give city authorities the resources and ability to shelter migrants who have crossed the Mexican border. The move comes as El Paso, a Democratic stronghold with a history of welcoming immigrants, has struggled in recent months to deal with tens of thousands of migrants crossing the border with Mexico. Even as government officials move migrants in El Paso to other U.S. cities, local shelters are beyond capacity and migrants have been sleeping on the streets as temperatures dip below freezing.

☆ Burkina Faso summons Ghanaian ambassador over Wagner allegations
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +3 min

OUAGADOUGOU, Dec 16 (Reuters) - Burkina Faso summoned the Ghanaian ambassador on Friday morning for "explanations" after Ghana's president alleged that Burkina Faso had hired the Russian mercenary group Wagner, Burkina Faso's foreign ministry said. Burkina Faso has now entered into an arrangement to go along with Mali in employing the Wagner forces there," Akufo-Addo said, adding that it was a distressing development for Ghana. Akufo-Addo also alleged that Burkina Faso had offered Wagner a mine as payment. In a statement issued after the meeting with the ambassador, Burkina Faso's foreign ministry said it had "expressed disapproval" about the statements made by the Ghanaian president. Burkina Faso also recalled its ambassador from Ghana for a meeting, the spokesperson said.

[1/3] An excavator clears out rocks into a dumper at the gold mine, operated by Endeavour Mining Corporation in Hounde, Burkina Faso February 11, 2020. Acquired by Burkina-based firm Néré Mining from Endeavour Mining (EDV.L) in March, Karma is one of at least four gold mines that halted production this year because of security risks. Gold is Burkina Faso's main export, accounting for 37% of total exports in 2020, and mining is a leading source of jobs. At current rates, Burkina Faso is set to produce 13% less gold this year than in 2021, in part because of mine closures, government statistics show. The Burkina Faso mines ministry did not respond to Reuters' questions.

☆ Real-estate tech firms are getting hammered by a cataclysmic reckoning that one VC called a cross between the 2001 dot-com bust and the 2008 market crash
▼ + stars: | 2022-11-16 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

The proptech sector is battling two challenges at once: a slowing housing market and a tech bust. For almost a decade, a growing group of companies have thrived by introducing tech innovations to a stubbornly analog real-estate industry. "Now we're seeing something that feels like a confluence between the 2001 dot-com bust in the venture-capital world and the 2008 market crash in real estate. Shares of both Opendoor and Redfin, which once drew investor attention to the soaring proptech industry, are worth roughly one-tenth what where they were a year ago. The company hasn't laid off any of its 300-person staff — including a roughly 50-person tech team — and doesn't plan to, Matthews said.

☆ Ibrahim Traore: Who is the soldier behind Burkina Faso's latest coup?
▼ + stars: | 2022-10-04 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

Reuters —As a heavily armed convoy drove through a cheering crowd in Burkina Faso’s capital on Sunday morning, the boyish face of the country’s latest military ruler, Captain Ibrahim Traore, emerged from the turret of an armored personnel carrier. Little is known about Traore and his colleagues, who since Friday have delivered statements on national television brandishing guns, ammunition belts, and masks. Army officers initially supported Damiba when he took power in his own coup in January, promising to defeat the Islamists. Growing Russian tiesMeanwhile, Russia has expressed support for the coup just as regional neighbors and western powers condemned it. “I salute and support Captain Ibrahim Traore,” read a statement from Russian businessman Yevgeny Prigozhin, founder of private military company Wagner Group, which has operations across Africa, including in Burkina Faso’s neighbor Mali.

☆ BOJ's dovish deputy Amamiya top candidate as next head: Reuters poll
▼ + stars: | 2022-09-21 | by ( Leika Kihara | ) www.reuters.com time to read: +4 min

As Kuroda's right-hand man, he has consistently called for the need to keep monetary policy ultra-loose to ensure Japan makes a sustained exit from deflation. Like Amamiya, Nakaso is considered a safe pair of hands with his expertise on central bank affairs. The BOJ's dovish stance has made it an outlier among a global wave of central banks tightening monetary policy to combat surging inflation. "While Kuroda is at the helm, the BOJ's ultra-loose monetary policy won't change," said Takeshi Minami, chief economist at Norinchukin Research Institute. "But under a new leadership, the bank could reassess its view on the inflation outlook and thinking on monetary policy."

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