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Mortgage rates and home prices have spiked over the past couple of years, making homebuying more expensive than ever. High mortgage rates coupled with high home prices have made buying a house significantly more expensive than it's been in previous years. 5 advantages of buying a house when mortgage rates are highThere's no perfect time to buy a house. But mortgage rates are expected to drop throughout the next couple of years. According to the Mortgage Bankers Association's latest forecast, mortgage rates could drop below 5% by the end of 2024.

Persons: Freddie Mac, they're, Sarah Alvarez, You'll, Melissa Cohn, they've, Cohn, Alvarez, it's Organizations: Service, Privacy, Finance, Gallup, Census Bureau, Department of Housing, Urban, William, Mortgage Locations: Wall, Silicon

CNN —A summit between Russian President Vladimir Putin and African leaders began in St. Petersburg on Thursday, with a far lower turnout than previous years. Just 17 heads of African states are attending this year, the Kremlin has confirmed, less than half of the 43 heads of state that attended the 2019 conference. And some African politicians – further than simply not attending the summit – have expressed grave concerns about Russia’s war of aggression on Ukraine. Putin makes free grain pledgeThe African states being represented at the St. Petersburg summit will be keen to sway Russia into rejoining the grain deal, and Putin has courted African leaders for years in a deliberate effort to broaden Moscow’s global influence. Russia’s Wagner mercenaries have also been deployed in some African states.

Persons: Vladimir Putin, William Ruto, –, “, ”, Raila Odinga, ” Odinga, Putin, Russia’s Wagner, ” Putin, Sergei Lavrov, Cyril Ramaphosa’s, Maria Lvova Organizations: CNN, Kremlin, Kenyan, Putin, Russian, ”, Criminal Court, ICC Locations: St . Petersburg, United States, Moscow, Africa, Russia, Ukraine, St, Petersburg, Russian, Johannesburg, South Africa, Rome, Hague

☆ Kenya's opposition holds vigils for slain and injured protesters
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +2 min

Opposition leader Raila Odinga has repeatedly called for acts of civil disobedience against a government he accuses of raising the cost of living and consolidating power. Police killed 37 people during the protests, Kenyan rights group Independent Medico-Legal Unit said earlier this week, while Azimio claims at least 50 people were slain. The interior ministry said on Wednesday claims that security forces committed extrajudicial killings or used excessive force were false and malicious. On Wednesday Odinga, Musyoka and other opposition figures visited injured protesters at two hospitals in the capital Nairobi. Ruto has said he also would not allow Odinga into his government, but was open to meeting him.

Persons: Raila Odinga, Kalonzo Musyoka, Azimio, Musyoka, Odinga, William Ruto's, Ruto, Jefferson Kahinju, Humphrey Malalo, George Obulutsa, Hereward, Emelia Sithole, Bernadette Baum Organizations: Kenya Alliance, Kenyans, . Police, Kenyan, Independent Medico, Legal Unit, Wednesday Odinga, Twitter, Thomson Locations: Nairobi, Kenya, Read, NAIROBI, Unity, Hereward Holland

☆ Kenya Stares Into ‘Abyss’ as Soaring Prices and Feuding Leaders Bring Chaos
▼ + stars: | 2023-07-20 | by ( Declan Walsh | More About Declan Walsh | ) www.nytimes.com time to read: +1 min

Kenya’s boisterous news outlets are normally fierce rivals. “Let’s save our country,” read an identical banner headline across the front pages of the Daily Nation, Standard and other major papers. Kenya risks tumbling into “a dark and dangerous abyss,” the joint article said, if its leaders fail to resolve a boiling crisis that has destabilized one of Africa’s strongest democracies. Police clashed with demonstrators in Nairobi on Thursday in the second of three days of planned nationwide protests against soaring food and fuel prices and steep tax hikes. The police, sometimes firing live rounds, killed at least six people in clashes on Wednesday and detained about 300, including a prominent opposition politician who was whisked away to a police station 60 miles from the capital.

Persons: William Ruto, “ Organizations: Daily Nation Locations: Kenya, Nairobi

At least 300 people were arrested, including several senior opposition leaders, and several people were reported shot, some possibly fatally, in clashes with police on Wednesday. The demonstrations, planned for Wednesday to Friday, are the third round of protests that the opposition has called this month. Protests this year have cost the economy more than $20 million per day, according to a private sector lobby group. Veteran opposition leader Raila Odinga did not make a public appearance on Wednesday or Thursday as he did during previous protests. A Kenyan court froze the tax hikes late last month, pending a ruling by senior judges.

Persons: Raila Odinga, Ruto, Odinga, William Ruto, Paul Ongili, Aaron Ross, George Obulutsa, Humphrey Malalo, Monicah Mwangi, Anne Mawathe, Joseph Akwiri, Alexander Winning, Emelia, Bernadette Baum, Mike Harrison, Conor Humphries Organizations: Kenya Alliance, REUTERS, NAIROBI, La, NTV Kenya, Kenyan, Civic, Thomson Locations: Nairobi, Kenya, Kibera, Mombasa, Kisumu, Isiolo, Ruto's

CNN —A wave of deadly protests has hit Kenya as anger over tax hikes and the cost of living spilled into the streets. Brian Inganga/APHowever, 10 months after being sworn into office, the cost of living has continued to rise, and the raft of new tax hikes have only made living conditions worse. But many Kenyans are unhappy about these policies that continue to worsen the country’s cost of living crisis. There’s a very high cost of living, and they already have many levies and taxes on their pay slips. The opposition leader Raila Odinga and his Azimio la Umoja (One Kenya) coalition have led calls for protests over hikes.

Persons: WIlliam Ruto, Here’s what’s, Herman Manyora, Ruto, Brian Inganga, he’s, ” Manyora, ”, Nagudi, “, Raila Odinga, Odinga, Opiyo Wandayi, lobs, Thomas Mukoya, Moses Odhiambo Organizations: CNN, UN, Veteran, AP, Kenyan, CNN . Riot, Reuters, Kenya Locations: Kenya, Nairobi, Mathare, COVID, Mlolongo, Machakos county

☆ How to Make Your Bed the Five-Star-Hotel Way
▼ + stars: | 2023-07-19 | by ( Allison Duncan | ) www.wsj.com time to read: 1 min

BEDROOM SERVICE Drizzling lavender oil atop pillows can invite sleep and level up on luxury. Tucked corners. Hotel beds are what dreams are made of. “The beds can make or break a hotel,” said William Rademacher, general manager at the Talbott Hotel in Chicago. “You could have the most beautiful, gold-gilded hotel in the world but, if your beds aren’t to an exceptional level, it all falls apart.” Rademacher says the Talbott Hotel trains its housekeepers monthly on bed standards and regularly holds competitions for the “perfect bed.”

Persons: Lu, ”, William Rademacher, “, ” Rademacher Organizations: Talbott Locations: Chicago

☆ Asia’s best bars for 2023 announced
▼ + stars: | 2023-07-19 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Asia comprises about 30% of the world’s land mass. In addition to ranking the top 50, the 50 Best organization – which also rates restaurants and, soon, hotels – acknowledged “best in destination” prizes for bars that were the highest rated from their country, city or region. It was his first-ever visit to Hong Kong. 50 Best/William ReedAsia’s 50 Best Bars 20231. COA (Hong Kong)2.

Persons: Jay Khan, Ernest Hemingway, Beckaly Franks, Hong Kong's, William Reed, Hong Konger, ”, Franks, “, Rohan Matmary, Trigona’s, Matmary, Singapore’s, Khan, Ajit Gurung, “ We’re, William Reed Asia’s, Aubrey Organizations: Hong Kong CNN —, Pontiac, Native American, CNN Travel, Bars Academy, BKK Social, Tropic, Sago, Cham, SG, Analogue Initiative, Chamber, Employees, Southside, Hope, Sesame, House Locations: Hong Kong, Hong Kong CNN — Asia, Asia, Hong, American, Singapore, Kuala Lumpur, Malaysia, Bangkok, Tokyo, Seoul, Tropic City, Taipei, Vesper, Republic, Delhi, Jakarta, Manhattan, Pantja, Manila, Mumbai, Copitas, Bengaluru, Guangzhou, Vender, Taichung, Kyoto

☆ Protesters hurl rocks at Kenyan police as three-day tax protest begins
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +2 min

[1/3] A person rides a bike past tyres set on fire by protestors in Kibera slum during an anti-government protest against the imposition of tax hikes by the government in Nairobi, Kenya July 19, 2023. REUTERS/Monicah Mwangi/File PhotoNAIROBI, July 19 (Reuters) - Around 100 protesters hurled rocks at police in a poor neighbourhood of Nairobi on Wednesday as three days of demonstrations against the cost of living and tax hikes kicked off in Kenya. Protesters burned tires in the Kibera neighbourhood, often a flashpoint for stand-offs with security forces, and were met with volleys of tear gas by police. The Nation newspaper reported that police arrested suspected protesters in Homa Bay in the west of the country. Two rounds of protests earlier this month descended into violence when police fired tear gas, and in some cases live rounds, at the crowds.

Persons: Monicah, William Ruto, Raila Odinga, Stephen Kipchumba Cheboi, Odinga, Ruto, Hereward Holland, Stephen Coates, Angus MacSwan Organizations: REUTERS, Protesters, State House, The Nation, Governmental Organisation Council, Kenya, Thomson Locations: Nairobi, Kenya, NAIROBI, Kibera, Homa Bay, Azmio

☆ 15-Year vs. 30-Year Mortgage: How Do You Choose?
▼ + stars: | 2023-07-16 | by ( Aly J. Yale | ) www.wsj.com time to read: +8 min

15-year mortgage rates vs. 30-year mortgage ratesHowever, mortgage rates vary by term length, too. Pros and cons of a 15-year mortgageA 15-year mortgage has some perks. “A 15-year mortgage would be ill-advised if a customer is tight on their budget,” says Chuck Meier, mortgage director at Sunrise Banks. “You can make the 15-year payment on a monthly basis, receiving the benefits of a 15-year mortgage,” Lindner says. “If the higher payment becomes a challenge, you can revert to the lower 30-year mortgage payment.”

Persons: Aly J, Freddie Mac, Melissa Cohn, you’re, ”, Chuck Meier, ” Cohn, Scott Lindner, ” Lindner Organizations: Yale, it’s, PMI, William, Sunrise Banks, TD Bank Locations: —

☆ Kenya's Ruto says further tax-hike protests will not be allowed
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +2 min

NAIROBI, July 14 (Reuters) - Kenyan President William Ruto vowed on Friday that protests planned next week would not be allowed following two rounds of demonstrations that have left at least 15 people dead. Opposition leader Raila Odinga's party called earlier in the day for three more days of protests from next Wednesday against tax hikes that Ruto signed into law last month. You cannot look for the leadership of this country using the blood of the citizens, the death of the citizens and the destruction of property," Ruto said at the opening of a road in the town of Naivasha. Kenya's President William Ruto attends a joint press conference with Iran's President Ebrahim Raisi at the State House in Nairobi, Kenya, July 12, 2023. The most recent demonstrations took place despite bans by the police, and Ruto did not say how he planned to stop the upcoming protests.

Persons: William Ruto, Raila, Ruto, Odinga, Ebrahim Raisi, Jeremy Laurence, Humphrey Malalo, Thomas Mukoya, Hereward Holland, Aaron Ross, Alex Richardson Organizations: Kenyan, Iran's, State, West Asia News Agency, REUTERS, Human Rights, Thomson Locations: NAIROBI, Naivasha, Nairobi, Kenya

☆ Kenya: Demonstrators feared dead as protests flare over tax hikes
▼ + stars: | 2023-07-13 | by ( Nimi Princewill | ) edition.cnn.com time to read: +3 min

Protests broke out across Kenya, including the capital Nairobi, where Opiyo Wandayi, who leads the opposition in Kenya’s parliament told CNN that demonstrators railing against the tax hikes were forcefully dispersed by police. “I was involved in the Nairobi protests. A Kenyan opposition supporter kicks a teargas canister fired by Kenya Police officers during demonstrations in Nairobi, Kenya on July 12, 2023. Kenyan opposition supporters react and throw stones towards Kenya Police officers during demonstrations in Nairobi, Kenya on July 12, 2023. Luis Tato/AFP/Getty ImagesWandayi told CNN the tax hike has come at a steep cost for many Kenyans.

Persons: Opiyo Wandayi, “, ” Wandayi, ”, Luis Tato, Raila Odinga, Odinga, William Ruto, Wandayi Organizations: CNN —, CNN, ” CNN, Kenyan, Kenya Police, Citizen TV, Getty Locations: Kenya, Nairobi, AFP, Kajiado, Machakos ’ Mlolongo

☆ How 'Birkin Bandit' George Mickum Infiltrated NYC Society
▼ + stars: | 2023-07-12 | by ( Kate Taylor | Anna Silman | ) www.businessinsider.com time to read: +52 min

"He would know people's weaknesses and what they wanted and somehow always have something to offer," a former close friend said. Another close friend said Mickum once gave her a $1,000 loan "within minutes" when she needed it because of a credit-card crisis. He never "let the truth get in the way of a good story," a former close friend said. Hermès bags, like the Birkin and the Kelly, have always been symbols of unattainable luxury. There wasn't even a dust bag; Mickum claimed his mom's assistant would drop it off later.

Persons: George Mickum strode, Carlyle, Patty Hearst, He'd, Mickum, Birkin, swilling, Patty's, Gillian Hearst, Mr, George Mickum, Gillian Hearst's, George, Sally Painter, who'd, Peter Davis, Jackie O, Barbara Walters, Alessia Fendi, influencer Hannah Stella, Nick Hissom, Steve Wynn, Hearst, they'd, Prince Charles, Anna Delvey, Patty Hearst's, Rumor, he'd, wasn't, Met Breuer, Peter Poopat, George Santos, Trinity, Elisabeth Thieriot, Thieriot, Hermes, —, Painter, Paul Mickum, George Mickum III, Sally, Painter's, Poopat, PJ Pascual, Patrick McMullan, Ramona Singer, Lauren Lawrence, Lawrence, Van Cleef, Nicole Salmasi, Trudy, Mike Vitelli, Eric Schmidt, Schmidt, Eric, R, Couri Hay, They're, Astor, William Randolph Hearst, Orson Welles, Kane, Gillian's, Bill Clinton, Patty, Bernard Shaw, Gillian, Lydia —, Shaw, Maxim, Lydia, Kane we're, Christian Simonds, Pierre, Krista Corl, Dee Dee, Scott Buccheit, Naeem Delbridge, Pascual, who's, We're, buttering, Simonds, Matthew Kehoe, England, — Hearst, Delbridge, Hearst's, Mario Glen Coco, Hearsts, Astrid Stawiarz, Tiger Woods, Ernie Els, Justin Timberlake, Joe Lewis, Buccheit, Mary McCarthy, Lillian Hellman, Mickum's, Christie Grimm, Steve, Kameron Ramirez, Hissom, Ramirez, Nick, Hunt, Damien Hirst, Douglas Elliman, Harry Winston, David Fiszel, invitees, Fiszel, Darian, Winston, Martha Stewart's, Mendel minks, Vacheron Constantin, Tao, Melinda French Gates, Shawn Mendes, Bill, Hillary Clinton, Neiman Marcus, Damien Hirst's, Damien, weren't, Kelly, Alexis Clarbour, Clarbour, Paul Wharton, you've, Wharton, Sean Zanni, Michael Coste, Hannah Stella, Coste's, Stella, Scott Fitzgerald, Coste, Goodman, Courroies Birkin, didn't, Aman, Cartier, Mickum's bluster, skeptically, satchel, Clarbour's, He's, We've, Sider, Philippe, Buccheit texted Pascual, he's, Hay, Café Carlyle, Alexander Hankin, Burisma, Hunter Biden, Mickum hasn't, There's, They've, Amy X, Wang, King Charles, Tracey Amon, Amon, GEORGE MICKUM Organizations: Hearst, Blue, Potomac, Hamptons, East, Met, University of Delaware, Southampton Bathing Corporation, Fields School, Georgetown Law, DC, Town &, New York Daily News, The New York Times, Google, Carnegie, Rockefeller, Cosmopolitan, Symbionese Liberation Army, Hearst Corporation, Vogue, Society of Memorial Sloan Kettering, Stockbridge Golf, New, Tiger, Tottenham, Douglas, Martha Stewart's Hamptons, Mickum, Projects, Madison, Getty, Antibes, Nike, Rue du Faubourg Saint, Couture, US, UN, New Yorkers, Avenue Couture, Hermès, Republican, Justice Department, Blue Star, Town, New York Times Magazine Locations: Bemelmans, Clinton, York, Palm, New, London, Manhattan, Dalton, Bay, Windsor Castle, Haute, Washington , DC, New York, Baccarat, The, San Francisco, Wilton , Connecticut, Side, Wyntoon, California, Buccheit, woodsy Stockbridge , Massachusetts, Stockbridge, Bahamas, Albany, Nobu, Martha, Peking, Paris, Istanbul, St, Georgetown, China, Italy, Hermès, Amalfi Coast, du, Midtown, brunch, Rue, Central Park, Mickum, Turkey, La, Café, Ukrainian, Ukraine

☆ Iran's President Raisi embarks on Africa tour to boost trade
▼ + stars: | 2023-07-12 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Iran’s President Ebrahim Raisi received a red-carpet welcome from Kenyan counterpart William Ruto on Wednesday as he began a three-country tour of Africa that Tehran has touted as a “new beginning” in relations with the continent. Iranian President Ebrahim Raisi (C) inspects the guard of honour during his state visit at the State House in Nairobi on July 12, 2023. Raisi is expected to next fly to Uganda to discuss trade and bilateral relations with President Yoweri Museveni, and then to Zimbabwe. In June, Raisi visited three Latin American countries to shore up support with allies also saddled with US sanctions. Iran’s trade with African countries will increase to more than $2 billion this year, its foreign ministry said on Saturday, without providing a comparative figure for 2022.

Persons: Reuters —, Ebrahim Raisi, William Ruto, Simon Maina, Ruto, Raisi, Kenya’s, Yoweri Museveni, Mahmoud Ahmadinejad, Shoring, Donald Trump Organizations: Reuters, Kenyan, State, Getty, Ruto Locations: Africa, Tehran, Uganda, Zimbabwe, Nairobi, AFP, Iran, Kenya, Central, East

☆ Protesters clash with Kenya police over tax hikes, two killed, officers say
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +3 min

Police fired tear gas to disperse protesters in the capital Nairobi, the port city of Mombasa and several other towns, according to Reuters reporters and footage aired on Kenyan television stations. Police officers patrolling the expressway, who did not give their names, told Reuters they had shot dead two protesters as they sought to repel an advancing crowd. You promised them that you are going to help them, but you didn't," Bernard Ochieng, a protester in Nairobi's informal Kibera settlements, told Reuters. The government says the tax hikes, which include a doubling of the fuel tax and the introduction of a levy to fund affordable housing, are needed to deal with growing debt repayments and to fund job-creation initiatives. At least six people were killed last Friday during protests called for by opposition leader Raila Odinga.

Persons: Raila Odinga, William Ruto, Young, Bernard Ochieng, Odinga, Thomas Mukoya, Jefferson Kahinju, Humphrey Malalo, Aaron Ross, Alex Richardson, Peter Graff, Mark Heinrich Our Organizations: Kenya Alliance, Police, Kenyan, Reuters, Kenya's, Thomson Locations: Read, NAIROBI, Nairobi, Mombasa

☆ Iranian President Raisi begins Africa trip with visit to Kenya
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

Raisi's trip to Africa, which will also take him to Uganda and Zimbabwe, is the first by an Iranian president in more than a decade, and represents a bid to diversify economic ties in the face of crippling U.S. sanctions. Iran stepped up its diplomatic outreach to developing world countries after then-U.S. President Donald Trump ditched a nuclear pact in 2018 and reimposed sanctions. In June, Raisi visited three Latin American countries to shore up support with allies also saddled with U.S. sanctions. Raisi is expected to next fly to Uganda to discuss trade and bilateral relations with President Yoweri Museveni, and then to Zimbabwe. The last Iranian leader to visit Africa was Mahmoud Ahmadinejad in 2013.

Persons: Ebrahim Raisi, William Ruto, Donald Trump, Raisi, Kenya's, Yoweri Museveni, Mahmoud Ahmadinejad, Bhargav Acharya, Hereward, Aaron Ross, Jason Neely Organizations: Kenyan, Ruto, Thomson Locations: NAIROBI, Africa, Tehran, Uganda, Zimbabwe, Iran, Kenya, East, Hereward Holland

☆ A California mansion designed to look like the White House just went up for sale for $39 million – take a look inside
▼ + stars: | 2023-07-08 | by ( Alexandria Perry | ) www.businessinsider.com time to read: +1 min

The "Western White House" is a nod to the official White House, featuring an Oval Office replica. Rebuilt in 1930, it was designed by architect Julia Morgan who designed the historic Hearst Castle. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. From the Oval Office to the East Room, the aptly named "Western White House," recreates presidential themes that are similar to the real thing. Here's a look at the "Western White House".

Persons: Julia Morgan, George R, Hearst, William Randolph Hearst, Morgan, Mehrdad Elie, Neda Elie Organizations: White, Service, Wall Street Locations: California, Hearst, Wall, Silicon, Lower Hillsborough, Washington ,

Despite talk of U.S.-China economic de-coupling, recent data show a trade relationship that is fundamentally solid, and rebounded in 2022 from five years of turmoil wrought by a trade war and COVID-19 disruptions. Two-way trade hit a record $690 billion last year as U.S. demand for Chinese consumer goods rose and Beijing's demand for U.S. farm products and energy grew. U.S.-China trade had fallen after 2018, when former President Donald Trump imposed tariffs of up to 25% on some $370 billion in Chinese imports, but began to rebound during the COVID recovery of 2021. Reuters Graphics"I think it is important that people realize that business and politics are separate," said Michael Hart, president of the American Chamber of Commerce in China. "The current state of U.S.-China trade and investment is the result of 30 to 40 years' worth of ongoing trade and investment."

Persons: Janet Yellen, Donald Trump, Michael Hart, William Reinsch, America's COVID, Wang Huiyao, Biden, Hart, David Lawder, Joe Cash, Heather Timmons, Jamie Freed Organizations: U.S, Treasury, Reuters, American Chamber of Commerce, Census, Center for Strategic, International Studies, Center for, EV, U.S . Congress, Thomson Locations: WASHINGTON, BEIJING, China, U.S, Washington, Center for China, Beijing, United States, CHINA

☆ Chief Justice Roberts hasn't become less conservative. He's just more concerned with the Supreme Court's legacy than partisanship.
▼ + stars: | 2023-07-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Chief Justice John Roberts voted with the liberals on the Supreme Court in key cases this term. Hardline conservatives have soured on the chief justice for his opinions siding with the Court's liberal justices in recent years. "Roberts' is the one whose name will be attached to this — it is the Roberts Court. The Times found in this term, the chief justice voted less often with the conservative majority and voted with liberal Justice Elena Kagan 14% more than the last term. "And I think Roberts perhaps has more of a concern with that kind of perspective because he's in the Court's center chair, because his name is attached to it, because it's his legacy."

Persons: John Roberts, SCOTUS, Roberts, —, Roberts —, George W, Bush, William Rehnquist —, Justin Crowe, Crowe, I'm, Clarence Thomas, Samuel Alito, hasn't, Elena Kagan Organizations: Service, GOP, Williams University, Washington Post, The New York Times, Times

☆ At least 48 dead in road accident in western Kenya, officials say
▼ + stars: | 2023-07-01 | by ( ) edition.cnn.com time to read: +1 min

CNN —At least 48 people were killed in a road accident in Londiani, western Kenya, on Friday evening when a lorry carrying a shipping container veered off the road and plowed into several vehicles, police and witnesses said. There were other bodies that were under the vehicle.”The Kenya Red Cross said the lorry rammed more than six vehicles and ran over pedestrians. A view of the accident site after a truck crashed into a market in the Londiani area of Kericho. Andrew Kasuku/Anadolu Agency/Getty Images“The country mourns with the families who have lost loved ones in a horrific road accident in Londiani,” Kenyan President William Ruto wrote in a tweet. Last year 34 people died in central Kenya when their bus veered off a bridge and plunged into a river valley.

Persons: Tom Odera, “, swerved, ”, Peter Otieno, Andrew Kasuku, William Ruto Organizations: CNN, Regional, Cross, Anadolu Agency, Getty, Kenyan Locations: Londiani, Kenya, Kericho

☆ At least 48 killed in road accident in western Kenya, police say
▼ + stars: | 2023-06-30 | by ( ) www.reuters.com time to read: +1 min

June 30 (Reuters) - At least 48 people were killed in a road accident in Londiani, western Kenya, on Friday evening when a lorry carrying a shipping container veered off the road and ploughed into several vehicles, police and witnesses said. Regional police commander Tom Odera said the death toll stood at 48 on Friday evening. The trailer went off the road and hit other vehicles," said Peter Otieno, a driver. The Kenya Red Cross said the lorry rammed more than six vehicles and ran over pedestrians. "The country mourns with the families who have lost loved ones in a horrific road accident in Londiani," Kenyan President William Ruto wrote in a tweet.

Persons: Tom Odera, swerved, Peter Otieno, William Ruto, Humphrey Malalo, Duncan Miriri, Hereward Holland, Leslie Adler, Sandra Maler, Alistair Bell Organizations: Regional, Kenya, Cross, Kenyan, Thomson Locations: Londiani, Kenya, Nairobi

Kenyan shipments of tea - its major export - have fallen by a fifth over the last year, according to the local regulator. The spike in global interest rates has already tipped Sri Lanka and Ghana into defaulting. Reuters GraphicsBLACK MARKETAlthough the dollar's share as a global reserve currency has dropped to 59% from 70% over a decade, it continues to dominate global trade. Nigeria has long had a web of multiple exchange rates which it is now trying to untangle, having also devalued its naira currency again last week. A plunge of around 70% in Bolivia's reserves has spawned queues at banks and currency exchange shops as some merchants stopped accepting local currency.

Persons: Wilson Muthaura, KTDA, Charlie Robertson, Muthaura, David Willacy, Ojo, Chaucer, Ronal, Luiz Inacio Lula da Silva, Kristalina Georgieva, William Ruto, Duncan Miriri, Marc Jones, Macdonald Dzirutwe, Monica Machicao, Mayela Armas, David Sherwood, Catherine Evans Organizations: Bank, FIM Partners, Reuters Graphics, Workers, REUTERS, La Paz, West, Reuters, JPMorgan, Monetary Fund, IMF, Fund, Thomson Locations: NAIROBI, LONDON, Pakistan, COVID, Russia, Ukraine, London, Islamabad, Egypt, Sri Lanka, Ghana, Tunisia, teetering, Nigeria, Kenya, StoneX, Nigeria's, Lagos, British, Cuba, Venezuela, Githunguri, Kiambu County, United States, Lebanon, Turkey, Ethiopia, China, India, Johannesburg, Saudi Arabia, Africa, Argentina, Nairobi, La Paz, Caracas, Havana

☆ Supreme Court rules against Republicans in North Carolina elections dispute
▼ + stars: | 2023-06-27 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +5 min

The justices ruled on a 6-3 vote that the North Carolina Supreme Court was acting within its authority in concluding that the map constituted a partisan gerrymander under the state constitution. As a result of the North Carolina Supreme Court's ruling, that map is likely to tilt heavily toward Republicans. The North Carolina case was being closely watched for its potential impact on the 2024 presidential election. Republicans led by Tim Moore, the speaker of the North Carolina House of Representatives, invoked the theory after the state Supreme Court struck down the congressional district map in February of last year. Moore and other Republicans immediately asked the Supreme Court to reinstate the maps, saying the state court had overstepped its authority.

Persons: William Rehnquist, Gore, Republican George W, Bush's, Donald Trump, Tim Moore, Moore, John Eastman, Mike Pence, Joe Biden's, Biden's Organizations: Republicans, North Carolina, Democratic, Supreme, Republican, North Carolina House of, U.S, Democrats Locations: North Carolina, Bush, Carolina, —

[1/5] Participants react with Pride rainbow flags as they attend the Badilika festival to celebrate the LGBT rights in Nairobi, Kenya, June 11, 2023. Some regional lawmakers frame the issue as an almost existential battle to save African values and sovereignty, which they say have been battered by Western pressure to capitulate on gay rights. Spokespeople for the Kenyan presidency and government didn't respond to requests for comment about the proposed bill. Several called for legislation to strengthen penalties for same-sex acts, including the deputy majority leader, who said gay sex could be punished by hanging. President William Ruto, an evangelical Christian, has criticized a February supreme court decision allowing an LGBT rights group to register as a non-governmental organization.

Persons: Mohamed Ali doesn't, Ali, Weeks, Bill, Yoweri Museveni, Annette Atieno, John Agany, Jacqueline Ngonyani, Ngonyani, Damas Ndumbaro, William Ruto, Peter Kaluma, Uganda's, Kaluma, U.S . State Department didn't, Stella Kachina, Marylize Biubwa, Lorna Dias, Dias, Nuzulack Dausen, Waakhe Simon Wudu, Daphne Psaledakis, Estelle Shirbon, Aaron Ross, Pravin Organizations: REUTERS, Reuters, Kenyan, National Gay, Human Rights Commission, U.S . State Department, East, NAIROBI PRIDE, Gay and Lesbian Coalition of, Thomson Locations: Nairobi, Kenya, Uganda, Tanzania, South Sudan, NAIROBI, East Africa, Juba, United, Africa, Entebbe, Gay and Lesbian Coalition of Kenya, Ruto, Dar es, Washington

☆ Neptune Retail to buy Coupons.com-parent for $430 mln
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

June 20 (Reuters) - Retail marketing firm Neptune Retail Solutions will acquire Coupons.com-parent Quotient Technology (QUOT.N) for $430 million in cash, the companies said on Tuesday. Quotient's shares jumped about 17% in the early session and were trading 9 cents shy of the $4 offer price. Its clients include some of the world's biggest consumer companies such as Kellogg's (K.N) and Coca-Cola (KO.N). Private investment firm Charlesbank Capital Partners, which is a major shareholder of Neptune, will be the majority investor in the combined company. Houlihan Lokey is serving as a financial adviser to Quotient, while PJT Partners is advising Neptune.

Persons: Quotient's, William Redmond, Houlihan Lokey, Samrhitha, Anil D'Silva Organizations: Retail, Neptune Retail, Reuters, Charlesbank Capital Partners, PJT Partners, Neptune, Thomson Locations: U.S, Bengaluru

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