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NAIROBI, Kenya (AP) — King Charles III has expressed “greatest sorrow and the deepest regret” for the “abhorrent and unjustifiable acts of violence” committed against Kenyans as they sought independence, during a speech on his first day of a four-day visit. The king and Queen Camilla touched down in the capital, Nairobi, late Monday. Another group of protesters briefly chanted anti-British songs and threw roses at the foot of a monument to Mau Mau veteran Dedan Kimathi in Nairobi's central business district on Tuesday. “Just because the king is in Kenya, police have denied us our constitutional right to protest peacefully,” Juliet Wanjira, one of the organizers, said. During his visit, Britain announced 4.5 million pounds ($5.5 million) in new funding to support education reforms in Kenya.
Persons: — King Charles III, , explicity, Charles, William Ruto, Ruto, ” Ruto, Buckingham, Kenya's, that's, Charles ’, Queen Elizabeth II, Queen Camilla, Koigi Wamwere, ” Salim David Nganga, Joel Kimutai Kimetto, , Kelvin Kubai, Dedan Kimathi, ” Juliet Wanjira, Wanjira Mathai, Wangari Maathai, Prince Philip Organizations: Kenyans, Kenyan, AP, British, Britain, Commonwealth, Aberdare National Locations: NAIROBI, Kenya, Britain, Commonwealth, East, Nairobi, Mau Mau, Nairobi's, Africa, South Africa
[1/9] Britain's King Charles inspects the honour guards as he is hosted by Kenya's President William Ruto at State House in Nairobi, Kenya October 31, 2023. Accompanied by Queen Camilla on his first visit as monarch to a former colony, Charles arrived in the capital Nairobi overnight. Charles' visit comes at a time when former colonies are demanding that Britain do more to recognise the abuses of its colonial past. Nandi King Koitalel Arap Samoei led a decade-long rebellion until he was assassinated by a British colonel in 1905. Charles also plans to meet entrepreneurs from Kenya's bustling tech scene, tour wildlife facilities and travel to the southeastern port city of Mombasa.
Persons: King Charles, William Ruto, Arthur Edwards, Queen Camilla, Charles, Kenya's Nandi, Buckingham, Kenya's, Nandi King Koitalel Arap Samoei, Samoei's, Kipchoge araap Chomu, Aaron Ross, Hereward, Hereward Holland, Michael Perry, John Stonestreet Organizations: Kenya's, State House, REUTERS Acquire, Rights, Kenyan, Commonwealth, Kenya Human Rights, Reuters, Thomson Locations: Nairobi, Kenya, Rights NAIROBI, Uhuru Gardens, Barbados, Jamaica, British, Mombasa, Hereward Holland
CNN —A major search operation is ongoing to find the missing father of Liverpool FC player Luis Díaz after his kidnapping in Colombia on Saturday. CNN has reached out to the Colombian National Police and Military Forces for comment. Diogo Jota held up Díaz's shirt after scoring on Sunday. Andrew Powell/Liverpool FC/Getty Images“We ask the captors of Luis Manuel Díaz, father of Luis Díaz, to release him now, without conditions,” the Colombian national team wrote on X. Diogo Joto, Díaz’s Liverpool teammate, held up the Colombian’s No.
Persons: Luis Díaz, Díaz’s, Cilenis Marulanda, Gustavo Petro, William René Salamanca, Luis Manuel Díaz, Ramírez, , Diogo Jota, Andrew Powell, Jurgen Klopp, Díaz, Diogo Joto, Klopp, “ It’s Organizations: CNN, Liverpool FC, Twitter, William René Salamanca Ramírez, Colombian National Police, Colombia’s Military Forces, Colombian National Police and Military Forces, Getty, Colombian, Premier League, Nottingham Forest, Liverpool, Lucho Locations: Colombia, Barrancas, Colombian
And as secondary home activity dwindles, some smaller housing-related businesses in leisure hot spots say they are feeling the pinch as well. “Services for existing rentals has grown, but services for larger ticket remodeling work on new vacation rentals has stopped," said Tim Allen, owner of Kopa Home Services, based in Flagstaff, Arizona. Allen has had to decrease unit prices in his separate vacation rental business, Local Vacation Team, to keep occupancy figures above market. For Flagstaff, that figure is 14%, according to data from AirDNA, a short-term rental data provider. "With the acceleration of the creation of vacation rentals during the pandemic, now if visitors are at 1,000, there are 3,000 rentals available,” he said.
Persons: Kevin Lamarque, , Chuck Tuttle, they’re, ” Tuttle, Tuttle, Tim Allen, Jessica Lautz, Allen, , Amina Niasse, Daniel Burns, Bill Berkrot Organizations: REUTERS, National Association of Realtors, William, Hilton, Lake Havasu, Federal Reserve, Mortgage Bankers Association, realtors, “ Services, Kopa Home Services, NAR, Thomson Locations: Island , South Carolina, U.S, Lake Havasu City , Arizona, William Raveis, Cape Cod, Massachusetts, Lake, Lake Havasu City, Flagstaff , Arizona, Flagstaff, AirDNA
Soccer Football - Europa League - Group E - Liverpool v Toulouse - Anfield, Liverpool, Britain - October 26, 2023 Liverpool's Luis Diaz during the warm up before the match REUTERS/Molly Darlington Acquire Licensing RightsBOGOTA, Oct 28 (Reuters) - Colombian President Gustavo Petro on Saturday said the mother of Liverpool soccer player Luis Diaz had been rescued after being kidnapped in northern Colombia, but officials were still searching for his missing father. The Colombian attorney general's office earlier said that it assembled a team of investigators to search for the couple in Barrancas, a municipality in Colombia's northern La Guajira province. The National Police confirmed the rescue of Diaz's mother, Cilenis Marulanda, and said she spoke with Director William Rene Salamanca. Premier League club Liverpool signed Colombia winger Diaz in a multi-million dollar deal in January 2022. Reporting by Oliver Griffin and Luis Jaime Acosta, Writing by Daina Beth Solomon; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.
Persons: Liverpool's Luis Diaz, Molly Darlington, Gustavo Petro, Luis Diaz, general's, Cilenis Marulanda, William Rene Salamanca, Diaz, Oliver Griffin, Luis Jaime Acosta, Daina Beth Solomon, Cynthia Osterman Organizations: Soccer Football, Europa League, Liverpool, Toulouse, Rights, Saturday, The National Police, Premier League club Liverpool, Colombia, Thomson Locations: Anfield, Liverpool, Britain, Rights BOGOTA, Colombia, Colombian, Colombia's, La Guajira
The World Is Becoming More African
  + stars: | 2023-10-28 | by ( Declan Walsh | Hannah Reyes Morales | ) www.nytimes.com   time to read: +37 min
Old World Young Africa As the world grays, Africa blooms with youth. The World Is Becoming More African Part one of a series on how the youth boom is changing the continent, and beyond. But while a handful of African countries are poised to ride the demographic wave, others risk being swamped by it. In the West, racists and right-wing nationalists stoke fears of African population growth to justify hatred, or even violence. The age gap between geriatric leaders and restless youth is “a major source of tension” in many African countries, said Simon Mulongo, a former African Union diplomat from Uganda.
Persons: Lauren Leatherby, , Jean, Patrick Niambé, Hilton, Edward Paice, , Keziah Keya, Keya, Paul R, Ehrlich, stoke, Lauren Leatherby “, Carlos Lopes, Burna, Weeks, “ It’s, Laolu Senbanjo, Tems, Toulaye Sy, Pritzker, Abdulrazak Gurnah, “ Africa’s, ” Long, exotica, Mulendema, Hannah O’Leary, “ We’re, Sipho Dlamini, Dlamini, Moawad, Optimists, Mo Ibrahim, Aubrey Hruby, birthrates, India’s, China’s, Akinwumi Adesina, States —, William Ruto, Paul Biya of, Biya, Wole Soyinka, Paul Kagame of, Nourdine, Nigeriens, Awade, Ali Bongo Ondimba, Simon Mulongo, Nuha Abdelgadir, Abdelgadir, gesturing, “ We’ve, ” Weeks, Abdelgadir’s, Modu Ali, Young, Saidu, Habiba Mohammed, Ms, Ha, Joon Chang, Nobody, Chang, Ibrahim, Touré Organizations: Young, United Nations, Southern, Northern, Western Asia Northern, United, Ivory Coast, African Union, Group, European Union ., Suisse, Africa Research Institute, Nigeria Mozambique Kenya “, Russia Canada Germany United, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia Dem, Russia Germany, China Egypt India Nigeria D.R.C, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Dem, Bank, Nations, International, Bryn Mawr College, Angola, Angola Ivory Coast, Angola Ivory Coast Cameroon Dem, Africa Middle Africa Southern, Economic Commission, New, Citi, Spotify, Cannes Film, Burkina Faso, UNESCO, Disney, Amazon Prime, Netflix, , Apple, Cape Town, Microsoft, Google, Infrastructure, McKinsey & Company, Pew Research Center, African Development Bank, Greek Coast Guard, Saudi, Africa Climate, Young Voters, Freedom House, University of Denver, United Arab, Japan Cuba Vatican City, Netherlands South Korea Belgium U.A.E, Islamic, Global, Center for Girls Education, School of Oriental, Studies Locations: grays, Africa, India, China, United States, Southern Asia, Asia, America, Caribbean, Northern America, Western Asia, Western Asia Northern America, Europe, London, New York, West Africa, Ivory, Abidjan, Russia, Turkey, Gulf, Nairobi, Nigeria Mozambique Kenya, Italy, Japan, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia, Congo Indonesia Brazil Australia South Africa Argentina, Russia Germany U.S, China Egypt India Nigeria, Brazil South Africa Australia, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria, Nigeria, Africa’s, Young, South Africa, Somalia, Mozambique, Mali, Gabon, Niger, Mozambique Nigeria Kenya, Kenya, Pennsylvania, Angola Ivory, Angola Ivory Coast Cameroon, Congo Algeria Egypt, Ghana Kenya Madagascar Mozambique Niger Nigeria, Tanzania Uganda South Africa, Northern Africa Eastern Africa, Africa Middle Africa, Africa Middle Africa Southern Africa, Guinea, Bissau, African, Qatar, Nigerian, Brooklyn, Target, French, Senegalese, Paris, Milan, Venice, Burkina, Tanzania, Saharan Africa, Nigeria Kenya Senegal In Lagos, Dakar, Zambia, South Korea, Sotheby’s, Lagos, Zimbabwe, Watford, Cape, Mombasa, Zanzibar, Cairo, Morocco, East Africa, Nigeria Mozambique Morocco, Sudanese, North Africa, East Asia, Thailand, Rwanda, Ivory Coast, States, Namibia, Kenyan, Paul Biya of Cameroon, Paul Kagame of Rwanda, United Arab Emirates, United States France Turkey, Germany, Russia India, Brazil, Japan Cuba, Japan Cuba Vatican City Spain Italy Saudi Arabia Qatar, Netherlands South Korea Belgium, Iran Canada, Niger’s, Niamey, Senegal Kenya Kenya, X’s, Tunisia, Egypt, Libya, Senegal, Uganda, Khartoum, Sudan, Ethiopia, Al Qaeda, Islamic State, Chad, Burkina Faso, Nigeria Nigeria Morocco, hijabs, Zaria, American, Korea, South, England
But hours later, after repeated announcements and a search, authorities moved off — and it was still unclear whether Card had ever been at the location, state police said. Richard Goddard, who lives on the road where the search took place, knows the Card family. The evening shootings killed 18 people and wounded 13 others, with three people still hospitalized in critical condition, authorities said. Schools in Lewiston were to remain closed Friday, while those in Portland would decide in the morning whether to open. Ten more will likely be issued once the names of the rest of the dead are confirmed, said Maine State Police Col. William Ross.
Persons: , Robert Card, Card, Richard Goddard, Goddard, , haven’t, Stevens, ” Stevens, Janet Mills, Dave Letarte, Letarte, ” Letarte, didn’t, William Ross ., Patrick Poulin, ” Poulin, , Ryan Smith, Smith, Diana Florence, Patrick Whittle, Robert Bukaty, Darlene Superville, Lolita Baldor, Michael Casey, Kathy McCormack, Rhonda Shafner, Jeffrey Collins Organizations: FBI, Authorities, Canada Border Services Agency, . Schools, Bates College, Maine Gov, U.S, Associated Press, Police, Central Maine Medical, Coast Guard, University of North, The Associated Press, USA, Northeastern University, ___ Associated Press, Washington , D.C Locations: LEWISTON , Maine, Maine, Bowdoin, , Lewiston, Portland, U.S, Schemengees, Kennebec, Lisbon, Androscoggin, University of North Carolina, Chapel, United States, Portland , Maine, Lewiston , Maine, Washington ,, Boston, Concord , New Hampshire, New York, Columbia , South Carolina
Editor’s Note: This is a version of CNN’s Royal News, a weekly dispatch bringing you the inside track on Britain’s royal family. CNN —When King Charles III visits Kenya next week, he’ll do something no other member of his family has done in the country. Next week’s royal visit will largely focus on the strong connection between the two countries. Kenya holds a special place for the British royal family. Unfortunately, King Charles’ jam-packed schedule during the trip will not permit him to visit the poignant location.
Persons: King Charles III, Charles, Queen Camilla, It’s, Chris Fitzgerald, Kenya’s, Nandi, Jomo Kenyatta, William Hague, , ” Hague, William Ruto, Princess Elizabeth, King Charles ’ Organizations: CNN’s Royal, CNN, Kenya, British, Kenyan Human Rights, Kenyan, Nation, Keystone, Hulton Royals, British Government, Government, State, Commonwealth Locations: United Kingdom, Kenya, Buckingham, Britain, Nazi Germany, Gatundi, Nairobi, Commonwealth, British, Rwanda, Treetops
Historically, political realignment has occurred when groups of voters change their affiliation to a new political party or candidate, especially around presidential and midterm elections. Yet the period between 1852 and 1860 is crucial here, for it saw the last time a major political party collapsed (the Whig Party in 1854) and the dissolution of another political party (the Democratic Party in 1860). The 1924 Democratic Party famously went through 103 ballots before agreeing on a compromise candidate, John W. Davis of West Virginia. Of course, party realignment is a tricky thing since we only come to know that it has happened in hindsight. A failure to reach a majority consensus signals the doom of an American political party.
Persons: Thomas Balcerski, James Buchanan, William Rufus King ”, Hakeem Jeffries, Patrick McHenry, let’s, V.O, Abraham Lincoln’s, Franklin D, Thomas Jefferson, John Adams, Andrew Jackson, Daniel Webster, Henry Clay, Lincoln, William Henry Seward, William L, Yancey, Stephen Douglas of, John C, Breckinridge, Theodore Roosevelt, Moose, Republican William Howard Taft, Woodrow Wilson, John W, Davis of, Hubert H, Humphrey, Republican Richard Nixon, Organizations: Eastern Connecticut State University, Oxford University Press, CNN, Republican Party, Democratic Party, Whig Party, Whigs, Republican Party . Southern Whigs, American Party, Democrats, Whig, Union, Democratic, Southern, Lincoln, splintering, Republican, GOP Locations: United States, Northern, Southern, Kansas, Nebraska, Charleston , South Carolina, Alabama, Baltimore, Stephen Douglas of Illinois, Kentucky, Davis of West Virginia, Vietnam, American
Lifestylevisuals | E+ | Getty ImagesHow home affordability has changedIn August 2020, the typical monthly mortgage payment was $1,581, based on an average interest rate of 2.94%, Redfin found. Nowadays, the typical U.S. homebuyer's monthly mortgage payment is $2,866, according to Redfin — an all-time high. "In the next year or two years, interest rates will be lower, and people will have the ability to refinance." That said, competition for homes on the market is likely to be worse in a few years as interest rates cool, she said. "When interest rates come down, everyone's going to come back to the marketplace," said Cohn.
Persons: Redfin, homebuyers, Mark Hamrick, Alicia Huey, Melissa Cohn, William Raveis, Cohn Organizations: Bankrate.com, Istock, Federal Reserve, CNBC, William Raveis Mortgage Locations: U.S, Birmingham , Alabama, New York
A Saudi man's reflection is seen in mirror glass at the Future Investment Initiative conference, in Riyadh, Saudi Arabia, October 25, 2022. REUTERS/ Ahmed Yosri/File Photo Acquire Licensing RightsRIYADH, Oct 19 (Reuters) - Around 300 Chinese "decision makers" are attending Saudi Arabia's flagship investment conference this year, organisers said on Thursday, double last year's attendance as Riyadh deepens its relationship with China despite U.S. concerns. In defiance of its key Western ally, Prince Mohammed invited Chinese President Xi Jinping to visit the kingdom and launched a Chinese-Arab summit. In August, the BRICs group of nations, which includes China, invited Saudi Arabia to become a new member of the bloc. Saudi Arabia is halfway through an ambitious economic transformation plan - Vision 2030 - to wean the economy off oil by creating new industries, generating jobs for citizens, and luring in foreign capital and talent.
Persons: Ahmed Yosri, Richard Attias, Attias, Prince Mohammed bin Salman, Joe Biden, Prince Mohammed, Xi Jinping, ” Attias, Morgan, Jamie Dimon, Citi's Jane Fraser, Yoon Suk Yeol, William Ruto, Paul Kagame, Pesha Magid, Aziz El Yaakoubi, Christina Fincher Organizations: Future Investment Initiative, REUTERS, Rights, Saudi, FII Institute, Wall Street, Washington, Wall, HSBC, Standard Chartered, Kenyan, Rwandan, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, China, Gaza, Asia
SINGAPORE — Sips in Barcelona, Spain is the best bar in the world, according to this year's ranking by the 50 Best organization. The World's 50 Best Bars were announced at an awards ceremony in Singapore on Tuesday evening — the first time the ceremony was held in Asia. The annual ranking is published by William Reed Business Media, a U.K.-based company that also publishes "The World's 50 Best Restaurants" list — and in a first, "The World's 50 Best Hotels," published in September. The 50 Best organization has published an annual ranking of "The World's 50 Best Bars" since 2009, with London and New York dominating the lists ever since. Courtesy of The World's 50 Best Bars
Persons: William Reed, Sips, Marc Álvarez, Frida Calho, Sydney –, Madrid, Rome Hanky, Kitten, Scotland Mimi Kakushi, Renato, Simone Caporale, Röda, Apoorva Kohli Organizations: Sips, Mexico City, William, William Reed Business Media, CNBC, South America, United Arab Emirates, Barcelona Connaught Bar, South America Himkok, Greece BKK Social, Salmon Guru, Hong, Buenos Aires Röda Huset, SG Club, Cambridge Public House, Sons, Africa Scarfes Bar, Milan Carnaval, Bar, Athens Atlas, American, Asia Locations: SINGAPORE, Barcelona, Spain, Singapore, Asia, New York, Mexico, U.K, London, Sips, Europe, North, South, Australia, Dubai, United Arab, South America, Oslo, Norway, Seoul, North America, Paradiso, Paris, Limantour, London Alquímico, Cartagena, Columbia, Buenos Aires, Argentina, Athens, Greece, Bangkok, Pony, Salmon, , New York, Hong Kong, Rome, Rome Hanky Panky, Melbourne, Trova, Miami Baba, Rum, Athens CoChinChina, Berlin, Stockholm, Tokyo, Edinburgh, Scotland, United Arab Emirates, Middle East, Milan, Lima, Peru L'Antiquario, Naples, Italy, Mexico City, Firenze, Florence, , New Orleans, Gleneagles, Auchterarder, Röda Huset, New Delhi, Alquímico
‘World’s best’ bar for 2023 is revealed
  + stars: | 2023-10-17 | by ( Oscar Holland | ) edition.cnn.com   time to read: +4 min
Singapore CNN —Barcelona has retained its grip on the World’s 50 Best Bars list as intimate cocktail joint Sips claimed the top spot at 2023’s awards. Winners were voted for anonymously by the World’s 50 Best Bar Academy, a group of 680 industry figures including bar owners, bartenders and critics. The group also coordinates the World’s 50 Best Restaurants list, which named fine dining establishment Central, in the Peruvian capital Lima, at No. World’s best bars for 20231. Baba au Rum, AthensFor the full list of the top 50, visit the World’s 50 Best Bars site.
Persons: , , Miami’s, Connaught, Sips, Simone Caporale, Marc Álvarez, ” Caporale, mixologist, ” William Reed, Licorería, Sammy, Salmon, Hanky, Café Organizations: Singapore CNN — Barcelona, Mexico City, Bar Academy, Connaught Bar, CNN, BKK Social, Sydney Locations: Singapore, London, New York, Spain, Europe, Mexico, Buenos Aires, New York City, Manhattan’s Lower, Side . Florida, Louisiana, New Orleans, Mayfair, Barcelona, Lima, Sips, Paris, Licorería Limantour, Alquímico, Cartagena, Himkok, Oslo, Athens, Bangkok, Pony, Madrid, , New York, Seoul, Hong Kong, Rome, Hanky Panky, Melbourne, Trova, Miami, Baba au Rum
Adjustable-rate mortgages are making a comeback
  + stars: | 2023-10-16 | by ( Anna Bahney | ) edition.cnn.com   time to read: +7 min
Meanwhile, the average rate for a kind of adjustable rate mortgage — a 5/1 ARM — dropped to 6.33% from 6.49%. (Freddie Mac, which provides an average that CNN covers weekly, does not track interest rates for adjustable rate mortgages). When Treasury yields go up, so do mortgage rates; when they go down, mortgage rates tend to follow. Fixed rate vs ARMWhile the overwhelming share of loans are still fixed-rate mortgages, ARMs are becoming more attractive in the current higher-rate environment. Generally, homeowners with higher mortgage rates will pay more in interest rather than principal for a longer time than those with lower interest rates.
Persons: , Freddie Mac, , Bob Broeksmit, Melissa Cohn, Cohn, National Association of Home Builders —, ” Cohn, Kaylin Dillon, Jay Zigmont, ’ ” Zigmont, you’re Organizations: DC CNN, Mortgage, Association, CNN, , ARM, Fed, Federal Reserve, William, Treasury, Mortgage Bankers Association, National Association of Realtors, National Association of Home Builders, Childfree Locations: Washington, Israel, Kansas, Mississippi
NAIROBI, Kenya (AP) — Kenya’s President William Ruto sought $1 billion more in loans from China Monday, despite rising public debt that has now reached $70 billion in the Eastern African country, according to National Treasury figures for 2022/2023. President Ruto was was one of a number of global leaders in Beijing to attend the tenth anniversary meeting of China’s Belt and Road Initiative, the ambitious plan that aims to connect Africa, Asia and Europe through massive infrastructure and energy projects. Kenya has been struggling with ballooning public debt, with $6 billion owed to Chinese creditors, according to national data. However, it’s not clear if President Ruto and his delegation will be granted a restructuring or extension of the interest payments. Last week, legislators tabled a motion asking the government to reveal details of all the loans it had accumulated since President Ruto came into power in September 2022.
Persons: — Kenya’s, William Ruto, Ruto, Hussein Mohammed, , , SGR, Rigathi Gachagua, Kenya SGR, Aly Khan Satchu, it’s, ” Satchu Organizations: National Treasury, Initiative, Kampala, Kenyan Locations: NAIROBI, Kenya, China, Beijing, Africa, Asia, Europe, Mombasa, Nairobi, Uganda, Central Africa, Turkish, Congo, Satchu
MIAMI (AP) — A suspended Miami city commissioner who is accused of accepting $245,000 in exchange for voting to approve construction of a sports facility has pleaded not guilty to multiple felony charges, including bribery and money laundering. Diaz de la Portilla and a co-defendant, Miami attorney William Riley Jr., were arrested Sept. 14. Ron DeSantis suspended Diaz de la Portilla, who is a fellow Republican, after the commissioner's arrest. “We look forward to a vindication of these charges because Alex is not guilty," Kuehne said at the Miami-Dade criminal courthouse, according to the Miami Herald. Diaz de la Portilla is a former state legislator and was elected to the city commission in 2019.
Persons: Alex Diaz de la, Ben Kuehne, Diaz de la, William Riley Jr, Ron DeSantis, Diaz, la, Kuehne, Alex, Riley, Riley's, Diaz de, Investigators, la Portilla, Diaz de La Portilla Organizations: MIAMI, Gov, Republican, Miami -, Miami Herald, Miami, Dade Locations: Miami, Miami - Dade, Dade County, Delaware
It comes amid criticism that the lending institutions are not taking climate change and the vulnerabilities of poor countries enough into account in their funding decisions. Dysfunctional because the system as a whole is too slow to respond to new challenges, such as climate change. Lee pointed to an IMF program that launched last year to help poor countries address problems like climate change. “The national policy to address climate change is lax — little or no focus is on climate change and the nexus between climate change and conflict in the Sahel is underappreciated,” Hassan said. “Go beyond the conflict itself to start prioritizing climate change as the root cause of the problem affecting these countries."
Persons: , William Ruto, Akinwumi Adesina, Moussa Faki, Patrick Verkooijen, Daniel Lee, Lee, Rwanda —, Carlos Lopes, It’s, Idayat Hassan, Ibrahim Audi, Femi, Lopes, ” Hassan, , ” Mimiko, Organizations: Global, International Energy Agency, International Monetary Fund, World Bank, New York Times, Kenyan, African Development Bank, African Union, IMF, Mandela School of Public, University of Cape, Center for Strategic, International Studies, Obafemi Awolowo University, Africa Climate Summit, International Rescue Committee, AP Locations: ABUJA, Nigeria, Africa, Africa's Sahel, Burkina Faso, Chad, Mali, Niger, Marrakech, Morocco, Rwanda, University of Cape Town , South Africa, Nigeria's, Katsina, Kenya
LONDON, Oct 11 (Reuters) - Britain's King Charles and his wife Camilla will travel to Kenya for a four-day state visit at the end of this month where he will acknowledge "painful aspects" of its colonial past, Buckingham Palace said on Wednesday. Britain's King Charles III looks on during his visit to the Global Underwater Hub, where he met staff and learnt about their educational outreach programmes in Westhill, Aberdeenshire, Scotland, Britain September 29, 2023. "His majesty will take time during the visit to deepen his understanding of the wrongs suffered in this period by the people of Kenya," Fitzgerald said. The Kenyan visit, Charles' fourth official visit to the African nation, comes after the royal couple travelled to Germany in March and France last month, with both tours regarded as highly successful diplomatic trips. Reporting by Michael Holden, additional reporting by Sachin Ravikumar; editing by William James and Christina FincherOur Standards: The Thomson Reuters Trust Principles.
Persons: Britain's King Charles, Camilla, Buckingham, Charles, Queen Elizabeth, Prince Philip, King George VI, William Ruto, Chris Fitzgerald, Britain's King Charles III, Jane Barlow, Fitzgerald, Michael Holden, Sachin Ravikumar, William James, Christina Fincher Organizations: Kenyan, Thomson Locations: Kenya, Commonwealth, Britain, Westhill , Aberdeenshire, Scotland, British, Germany, France
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoosan Robotics' CEO discusses IPO and interest in acquiring mobility tech firmsWilliam Ryu, CEO of the South Korean company, says it will use proceeds from its initial public offering for mergers and acquisitions.
Persons: William Ryu Organizations: Doosan Robotics, South Korean
A view shows the Jomo Kenyatta International Airport toll station on the Nairobi Expressway undertaken by the China Road and Bridge Corporation (CRBC) on a public-private partnership (PPP) basis, along Mombasa road in Embakasi district of Nairobi, Kenya May 7, 2023. REUTERS/Thomas Mukoya/File Photo Acquire Licensing RightsNAIROBI, Oct 6 (Reuters) - Kenya's President William Ruto will ask China for a $1 billion loan to complete stalled road construction projects when he travels to Beijing later this month, his deputy said on Friday. "At the moment we are paying debt and people are not using roads because many of them are half finished," Gachagua said. Kenya owes China more than $8 billion in loans for infrastructure projects such as railways and roads. Reporting by Duncan Miriri and George Obulutsa; Editing by Mark Potter and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Thomas Mukoya, William Ruto, Ruto, Rigathi Gachagua, Gachagua, Duncan Miriri, George Obulutsa, Mark Potter, Kim Coghill Organizations: Jomo Kenyatta International Airport, China, Bridge Corporation, REUTERS, Rights, Thomson Locations: Nairobi, Mombasa, Embakasi district, Kenya, Rights NAIROBI, Beijing, East, China
Developing countries facing a debt crunch
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +6 min
EGYPTNorth Africa's largest economy needs to repay some $100 billion of hard-currency debt over the next five years. Egypt has a $3 billion IMF programme and has devalued the pound by roughly 50% since February 2022. Its progress in restructuring both domestic debt and $30 billion in external debt has been fairly swift and it secured a $3 billion IMF bailout in May. The next tranche of a $2.9 billion IMF bailout package could be delayed over a potential government revenue shortfall. A repair plan finally appeared imminent after Zambia clinched a $6.3 billion debt rework deal with the Paris Club creditor nations and China, its other big bilateral lender, in June.
Persons: Moody's, William Ruto's, Kais Saied, Libby George, Shri Navaratnam Organizations: World Bank, African Development Bank, IMF, UAE, SRI, SRI LANKA Sri, European Union, Zambia, Paris Club, Sri, Thomson Locations: Marrakech, EGYPT, Cairo, Egypt, ETHIOPIA, Ethiopia, China, GHANA Ghana, Accra, KENYA, Kenya, LEBANON Lebanon, PAKISTAN Pakistan, Saudi Arabia, SRI LANKA, SRI LANKA Sri Lanka, TUNISIA, Tunisia, UKRAINE Ukraine, Ukraine, United States, ZAMBIA, Zambia
NAIROBI, Kenya (AP) — Kenyan lawmakers said Wednesday that parliamentary approval is required before the deployment of police to the Kenya-led peacekeeping mission in Haiti to combat gang violence that was approved by the U.N. Security Council this week. Opposition lawmaker Anthony Oluoch told a session of Parliament's lower house that the conditions for foreign deployment hadn't been met under the National Police Act. The Kenya-led mission would be the first time in almost 20 years that a force would be deployed to Haiti. The upcoming mission would be led by Kenya, with Jamaica, the Bahamas and Antigua and Barbuda also pledging personnel. The non-U.N. mission would be reviewed after nine months and be funded by voluntary contributions, with the U.S. pledging up to $200 million.
Persons: Anthony Oluoch, hadn't, , Junet Mohamed, William Ruto, , Joe Biden, Ruto, Nelson Koech, ” Koech, Kimani Ichung’wah, Alfred Mutua, Mutua Organizations: , . Security, National Police, Kenyan, Security, Multinational Security, Kenyan Constitution, Associated Press, U.S, Kenyan Foreign Locations: NAIROBI, Kenya, Haiti, East Africa, Shabab, Jamaica, Bahamas, Antigua, Barbuda
Kenya's President William Ruto attends the Sustainable Development Goals (SDG) Summit at United Nations headquarters in New York City, New York, U.S., September 18, 2023. REUTERS/Caitlin Ochs/File Photo Acquire Licensing RightsNAIROBI, Oct 4 (Reuters) - Kenya's President William Ruto on Wednesday reshuffled eight members of his cabinet, and folded the foreign affairs ministry into the office of the chief minister. The changes were necessary, Ruto said, to "optimise performance and enhance delivery as set out in the administration's manifesto". Foreign minister Alfred Mutua was transferred to the ministry of tourism and wildlife, while trade minister Moses Kiarie Kuria was moved to the ministry of public service. The foreign ministry was brought under the portfolio of the prime cabinet secretary Musalia Mudavadi.
Persons: William Ruto, Caitlin Ochs, Ruto, Alfred Mutua, Moses Kiarie Kuria, Musalia Mudavadi, Mutua, Hereward Organizations: Sustainable, United Nations, REUTERS, Rights, Thomson Locations: New York City , New York, U.S, Rights NAIROBI, Haiti, Caribbean
NAIROBI (Reuters) - Kenya's President William Ruto on Wednesday reshuffled eight members of his cabinet, and folded the foreign affairs ministry into the office of the chief minister. The changes were necessary, Ruto said, to "optimise performance and enhance delivery as set out in the administration's manifesto". Ruto has faced a series of nationwide protests over the high cost of living and tax hikes since he took power in August 2022. Foreign minister Alfred Mutua was transferred to the ministry of tourism and wildlife, while trade minister Moses Kiarie Kuria was moved to the ministry of public service. The foreign ministry was brought under the portfolio of the prime cabinet secretary Musalia Mudavadi.
Persons: William Ruto, Ruto, Alfred Mutua, Moses Kiarie Kuria, Musalia Mudavadi, Mutua, Hereward Holland Organizations: United Nations Locations: NAIROBI, Haiti, Caribbean
Amazon Web Services to open development centre in Kenya
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +1 min
A logo for Amazon Web Services (AWS) is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsNAIROBI, Oct 4 (Reuters) - Amazon Web Services (AWS), the company's cloud-computing division, said on Wednesday it would open a development centre in Kenya's capital Nairobi, creating jobs in software development, cloud support, and software engineering. Sometimes dubbed the "Silicon Savannah", Kenya is one of Africa's biggest technology hubs, hosting offices of some of the world's tech giants alongside thriving startups. "This centre will enable the local market to tap into an incredible pool of technical talent," said Uwem Ukpong, vice president of global services at AWS. "The Kenyan technology sector continues to be a source of growth and job creation at a time when there is so much uncertainty in the world," said Kenya's President William Ruto.
Persons: Chris Helgren, Uwem Ukpong, William Ruto, Hereward Holland, Aurora Ellis Organizations: Amazon Web Services, REUTERS, Rights, Web Services, Netflix, General Electric, Sony, Thomson Locations: Toronto , Ontario, Canada, Rights NAIROBI, Kenya's, Nairobi, Kenya, Kenyan
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