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A 26-year-old hair braider named Josephine Owino disappeared one morning last month in the sprawling shantytown of Mukuru Kwa Njenga in Kenya’s capital, Nairobi, after going out suddenly to see someone who had just phoned. Ms. Owino’s younger sister, Peris Keya, was desperate to find her, and went to three police stations pleading for help. But nothing happened until Ms. Keya said she had a startling dream one night: Her sister appeared, led her up a hill and begged her to search in a pool of water. The dump was searched only because Ms. Keya, 24, beseeched some local men to help, paying them for the grisly task. On Monday, the Kenyan police announced that they had arrested a suspected serial killer, who they said had confessed to killing 42 women, including his own wife, in the past two years, and throwing them into the dump.
Persons: Josephine Owino, Owino’s, Peris Keya, Keya Organizations: Kenyan police Locations: Kwa, Kenya’s, Nairobi
Through his office window, the head of Brazil’s state-run oil company looked out at the cluttered landscape of Rio de Janeiro. Looking back at him, across the city’s run-down high-rises, was the looming statue of Christ the Redeemer. This, even as his country positions itself as a leader in the fight against climate change which, of course, is primarily driven by the burning of oil and other fossil fuels. Petrobras already pumps about as much crude oil per year as ExxonMobil, according to Rystad Energy, a market research firm. It’s an enormous predicament for Brazil’s president, Luiz Inácio Lula da Silva, better known simply as Lula, who has fashioned himself as the pre-eminent world leader on climate issues.
Persons: Christ, Hawks, Luiz Inácio Lula da Silva, Lula Organizations: Redeemer, Petrobras, ExxonMobil, Rystad Energy, Saudi Locations: Rio de Janeiro, China, Russia, Kuwait
China’s property boost has to sway wary banks
  + stars: | 2023-11-15 | by ( Chan Ka Sing | ) www.reuters.com   time to read: +4 min
That didn’t work because lenders balked at increasing their exposure to over-leveraged real estate groups. Xi needs to articulate a broader plan to restore banks’ confidence in the troubled property sector. Beijing’s problem is that the cash it doles out may not reach the intended targets because banks are reluctant to pass it on to property developers. Chinese banks heeded the strong signal coming from Beijing. Still, simply throwing money at reluctant banks won’t help heal the current real estate wounds.
Persons: Aly, homebuyers, Xi, shantytown redevelopments, , Francesco Guerrera, Thomas Shum Organizations: REUTERS, Reuters, People’s Bank of China, Authorities, Bloomberg, Financial Times, Reuters Graphics Reuters, Thomson Locations: Guangfuli, Shanghai, China, HONG KONG, Beijing, shantytown
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.
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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
Future Publishing | Future Publishing | Getty ImagesWeakness in China's real estate sector could be a drag on the economy for years to come and could even impact countries in the wider region, Wall Street banks have warned. "We only assume an 'L-shaped' recovery in the property sector in coming years," they said. watch nowGoldman Sachs economists also noted there are expectations for China's government to introduce more housing stimulus packages to support the sector. If the challenges in the property sector deepen and bring risk aversion in the financial system and affect consumer confidence, this will cause a deeper slowdown in China. watch nowHui said the government's push to cap property prices at a certain level could be missing a big chunk of potential buyers.
Persons: Goldman Sachs, Lisheng Wang, Goldman, Tai Hui, Morgan Stanley, Hui, CNBC's, that's Organizations: Future Publishing, Reuters, Market Locations: CHINA, Nanning, South, Guangxi Zhuang, Wall, China, Asia
VATICAN CITY, May 9 (Reuters) - Pope Francis said that when he was archbishop of Buenos Aires more than a decade ago, the Argentine government wanted "to cut my head off" by backing false accusations that he had collaborated with the military dictatorship of the 1970s. Francis has always denied this and when he was elected pope, Jalics issued a statement saying the arrest was not the future pope's fault. In 2010, by which time the future pope had become archbishop of Buenos Aires, he testified before a three-judge panel investigating the period of dictatorship. The pope did not give details but as archbishop of Buenos Aires, he had an often rocky relationship with the government of President Cristina Fernandez de Kirchner, who served in that role from 2007-2015. She accused him of taking sides politically, mostly during his visits to Buenos Aires shanty towns, and once avoided him by shunning a traditional Mass in the Argentine capital.
Davis Smith founded Cotopaxi, an outdoor gear company and certified B Corporation, in 2014. In July, he will step down as CEO to go on a 3-year religious mission in Brazil. Damien Huang, Cotopaxi's president who joined the company from Eddie Bauer, where he was CEO, will move into the role. "But I feel such confidence that this is the right thing." And we don't do that by isolating ourselves or saying, "We're better than you," or "You're not doing it right."
On January 20, a fire tore through the shantytown of Guryong village in Seoul. Firefighters and rescue workers clean up the site of a fire at Guryong village in Seoul, South Korea, Friday, Jan. 20, 2023. ED JONES/Getty ImagesGuryong feels like a world away from Seoul, but it's very close to where the most well-heeled people in South Korea live. Around a fifth of single-person households in Seoul live in spaces under 14 square meters, or 150 square feet. But for now it's still Guryong village — a smoldering scar on the sparkling facade South Korea would rather have you looking at instead.
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