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Kenya's police clamp down on anti-tax protests
  + stars: | 2023-07-20 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsKenya's police clamp down on anti-tax protestsPostedProtests in Kenyan cities against tax hikes and high living costs largely subsided on Thursday as police maintained a heavy presence. Olivia Zollino has more.
Persons: Olivia Zollino
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
Clashes in Kenya over tax hikes
  + stars: | 2023-07-19 | by ( Dave Lucas | ) www.reuters.com   time to read: 1 min
Young cygnets and swans are counted and have their health assessed during the 'swan upping' census on Britain's River Thames, in a tradition that dates back to the 12th century when swans were an important food source.
Persons: Young cygnets
[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
For global investors, the Abrdn Frontier Markets Bond Fund is one example of a fund offering substantial returns. What are frontier markets? While there is no formal definition, frontier markets are typically low-income, developing countries with underdeveloped capital markets, according to Daly. Investment director for emerging market debt, Abrdn Kevin Daly The appeal of these frontier markets is twofold, according to Daly. Managing FX risks Managing foreign exchange risk is tricky in frontier markets, where hedging instruments are often inefficient or unavailable.
Persons: Kevin Daly, Daly, Fitch, You've, who's, Organizations: Markets Bond, CNBC Pro, Monetary Fund, Bank Locations: U.S, Abrdn, Nigeria, Kenya, Iraq, Ecuador, Uzbekistan, Mozambique, Daly, Benin, African, Europe, South Korea, Singapore, Taiwan, stockbrokers
U.N. Secretary-General Antonio Guterres signalled that Russia's withdrawal meant that the related pact to assist Russia's grain and fertilizer exports was also terminated. Moscow said it would consider rejoining the grain deal if it saw "concrete results" on its demands but that its guarantees for the safety of navigation would meanwhile be revoked. REUTERS/StringerUkrainian forces have been striking Russian supply lines as it pursues a counteroffensive to drive Russian forces out of its south and east. On Monday it reported two more civilians killed by Russian forces, which it said had begun a major push in the northeast. The grain deal was hailed as preventing a global food emergency when brokered by the United Nations and Turkey last year.
Persons: Dmitry Peskov, Antonio Guterres, Moscow, Antony Blinken, Saraf, Halima Hussein, Volodymyr Zelenskiy, Zelenskiy, Stringer, Hanna Maliar, Serhiy Cherevatyi, Vladimir Putin, Marat Khusnullin, Putin, Artem Dekhtyarenko, Max Hunder, Michelle Nichols, Abdi Sheikh, Ron Popeski, Lidia Kelly, Peter Graff, Philippa Fletcher, Alex Richardson, Grant McCool Organizations: UN, Russian Federation, International Rescue, REUTERS, Stringer Ukrainian, Lyman, Ukrainian Armed Forces, TV, Reuters, Ukraine's Security, Ukraine, United, United Nations, Thomson Locations: Crimea, Ukraine, Russian, KYIV, Russia, Moscow, Ukrainian, Washington, AFRICA Ukraine, East Africa, Somalia, Ethiopia, Kenya, Somalia's, Mogadishu, Kyiv, Turkey, Kerch, Kupiansk, Kharkiv, United Nations, New York
Themed “Unleashing the potential and value of the African Creative Industry,” the continent’s billion-dollar creative industry will be at the center of conversations at the event, which aims to shine a spotlight on the possibilities and untapped value that the industry holds. Courtesy Platform CapitalAs an advocate for the continent’s cultural potential, Akindele is passionate about changing misconceptions surrounding the African creative industry at Africa Walk. “There’s a myth about the creative industry (in Africa) - that it is not structured and that you cannot put money in there,” he said. Similar to the oil industry’s success, the creative industry requires a lot of refineries to produce the finest oil product. The same refining is highly needed for our creative industry now,” said the singer whose real name is Oladapo Daniel Oyebanjo.
Persons: , Lehle Balde, Akintoye Akindele, ” Akindele, Lai Mohammed, Renee Yao, , Nollywood, Party ”, Afrobeats, Kunle Remi, D’banj, creatives, “ I’ve, Daniel Oyebanjo, Oyebanjo, Riyah Abdul, ” Abdul Organizations: Nigeria CNN, Capital, CNN, African Creative Industry, Nigerian Information, Global Healthcare, Nvidia, Party, Africa Locations: Abuja, Nigeria, Africa, Senegal, Dakar, Lagos, Europe, North America, Asia, South Africa, Kenya
Nairobi, Kenya CNN —Former employees of Twitter Africa who were laid off as part of a global cost-cutting measure after Elon Musk’s acquisition have not received any severance pay more than seven months since leaving the company, several sources told CNN. “They literally ghosted us,” one former Twitter Africa employee told CNN. Twitter and Musk face multiple lawsuits where plaintiffs are claiming the company has failed to pay former staffers what they are owed. The plaintiff said Twitter promised senior employees severance of six months of base pay plus one week for every year of service, in addition to other benefits. “We’re exploring our options with respect to causes of action against Twitter in various jurisdictions including Ghana,” Olympio told CNN.
Persons: , , Carla Olympio, Musk, Ghana’s, ” Olympio, Twitter, David Odisho Organizations: Kenya CNN —, Twitter, Elon, CNN, Ghana’s Ministry of Employment, Labor Relations, BBC Locations: Nairobi, Kenya, Twitter Africa, Accra, Africa, Ghana, San Francisco , California, Europe, North America
Russia's February 2022 invasion and blockade of Ukraine's Black Sea ports sent global grain prices soaring. The United Nations has argued that the arrangement has benefited those states by helping lower food prices more than 20% globally. Russia has agreed three times in the past year to extend the Black Sea deal, but also briefly suspended its participation at the end of October in response to a drone attack on its fleet in Crimea. To convince Russia to agree to the Black Sea deal, a three-year deal was also struck in July 2022 under which U.N. officials agreed to help Russia get its food and fertilizer exports to foreign markets. U.N. Secretary-General Antonio Guterres made a final effort on Tuesday to convince Russian President Vladimir Putin to extend the Black Sea grain deal for several months in exchange for the EU connecting a subsidiary of Rosselkhozbank to SWIFT for grain and fertilizer transactions, sources said.
Persons: Russia's, Sergei Lavrov, James, Antonio Guterres, Vladimir Putin, Guterres, Putin, Michelle Nichols, Will Dunham Organizations: UNITED NATIONS, United, United Nations, . Security, British, Food, Russian Agricultural Bank, SWIFT, European Union, EU, JPMorgan Chase &, reassurances, U.S ., The United Nations, African Export, Import Bank, Reuters, Thomson Locations: Ukraine, Russia, United Nations, Turkey, Ukraine's, Britain, Afghanistan, Sudan, Djibouti, Ethiopia, Kenya, Somalia, Yemen, Asia, Western Europe, Africa, Eastern Europe, Crimea, Moscow, SWIFT, Rosselkhozbank
How a Vast Demographic Shift Will Reshape the World
  + stars: | 2023-07-16 | by ( Lauren Leatherby | ) www.nytimes.com   time to read: +18 min
1990 Younger populations Workingage Older populations For decades, the world’s dominant powers have benefited from large working-age populations that help drive economic growth. Russia U.K. France Pakistan Pakistan China China U.S. U.S. Japan U.S. Japan China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan Pakistan China China U.S. U.S. U.S. Japan Japan China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan China U.S. U.S. U.S. Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C. Russia U.K. France Pakistan China U.S. U.S. U.S. Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C.
Persons: That’s, , Mikko Myrskylä, Max Planck, Carolina Cardona, Philip O’Keefe, , O’Keefe, Myrskylä, “ We’ve, , aren’t, Mr Organizations: Korea Germany Italy Russia United, France, France Pakistan Pakistan China China U.S ., U.S, China India Nigeria D.R.C, France Pakistan Pakistan China China U.S . U.S, France Pakistan, France Pakistan China U.S . U.S, for Demographic Research, Youth, Niger, Dem, Central African Rep, Herzegovina Bulgaria Croatia Czech Rep, Denmark Estonia Finland France Germany Greece, Denmark Estonia Finland France Germany Greece Hungary Ireland, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Kosovo, Macedonia Norway Poland Portugal Moldova Romania, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia Slovenia, Hong Kong North Korea Japan Mongolia South Korea Taiwan Northern America, New Zealand, New, Benin Botswana Burkina Faso Burundi Cameroon Central African Rep, Chad Comoros, Congo Ivory Coast Dem, Johns Hopkins University, Aging, ARC Center of Excellence, Aging Research, World Bank, Spain Taiwan, Young, Korea, Spain, Locations: Japan, Western Europe, South Korea, Britain, Eastern Europe, China, Europe, India, East Asia, Florida, United States, South, Southeast Asia, Africa, Korea Germany Italy, Korea Germany Italy Russia United States France China Thailand United Kingdom, South Korea Brazil Colombia China Thailand Iran Myanmar Vietnam Bangladesh Indonesia, South Africa Myanmar Indonesia Bangladesh Philippines Pakistan Kenya Indonesia Egypt Ethiopia, Russia, France Pakistan Pakistan China China U.S, France Pakistan Pakistan China China U.S . U.S, Japan U.S, Japan China India India India Nigeria Nigeria Ethiopia D.R.C, Indonesia Indonesia Brazil Brazil Brazil, China Japan India Brazil, Pakistan France China U.S, Japan India Nigeria Brazil Indonesia, Pakistan U.S, China India Nigeria, Ethiopia Brazil Indonesia, France Pakistan Pakistan China China U.S . U.S . U.S, Japan Japan China India India India Nigeria Nigeria Ethiopia D.R.C, France Pakistan China, France Pakistan China U.S . U.S . U.S, Japan Japan China China India India India Nigeria Nigeria Ethiopia D.R.C, Congo Somalia, Angola Tanzania Nigeria, Afghanistan Ethiopia Tajikistan Kenya, Asia, Oceania, Kenya, Demographically, South Asia, Singapore, Albania, Austria Belarus Belgium Bosnia, Herzegovina Bulgaria, Denmark Estonia Finland France Germany, Denmark Estonia Finland France Germany Greece Hungary, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy, Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Kosovo Latvia Lithuania Netherlands, Macedonia Norway Poland Portugal, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia, Macedonia Norway Poland Portugal Moldova Romania Russia Serbia Slovakia Slovenia Spain Sweden Switzerland Ukraine, Eastern Asia, Hong Kong North Korea Japan Mongolia South Korea Taiwan Northern, Canada, States Australia, New, Australia, New Zealand, Saharan Africa, Angola, Benin Botswana Burkina Faso Burundi Cameroon, Congo, Congo Djibouti, Guinea Eritrea Eswatini Ethiopia Gabon Gambia Ghana Guinea Guinea, Bissau Kenya Lesotho Liberia Madagascar Malawi Mali Mauritania Mauritius Mozambique Namibia Niger Nigeria Rwanda Senegal Sierra Leone Somalia South Africa South Sudan Togo Uganda Tanzania Zambia Zimbabwe, Aging Asia, Pacific, America, , Hong Kong, Italy, Spain, Spain Taiwan Greece, Singapore Slovenia Thailand Germany, Mainland China Finland Japan Netherlands Canada, Hong Kong South Korea, Singapore Slovenia Japan Thailand Germany, Mainland China Finland Netherlands, U.N, Korea Japan Spain, Korea Japan, France, West, East, Vietnam
PoliticsKenya's Ruto says anti-tax protests 'will not happen'PostedKenya's opposition has called for more protests against tax hikes next week, but the country's president has said they will not be allowed to happen. David Doyle has more.
Persons: Kenya's Ruto, David Doyle
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
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
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
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
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
Elisabeth Brown has been in the luxury travel industry for a decade helping clients plan trips. She mostly works from home, but often travels herself to try experiences before her clients do. Brown, along with her colleagues, has as many as five clients, and is able to customize their itineraries with suggestions. She's able to work from her home in Brooklyn most days, though that doesn't mean her days are laid back. As for a lunch, Brown says she's a "grazer" and snacks on carrots or pretzels throughout the day.
Persons: Elisabeth Brown, it's, Brown, , I've, Peter Anderson, What's, Anderson, she's, I'm, Noon, grazer, Elisabeth Brown She'll, they're Organizations: Service, Knightsbridge Circle, FedEx, New York University, Gramercy Locations: Wall, Silicon, London, North America, Stockholm, Singapore, Brooklyn, Copenhagen, Denmark, Iceland, Europe, Paris, West Coast, Kenya, New York, Manhattan
Mr. Luft has denied any wrongdoing, and claims he only became a subject of Justice Department scrutiny after discussing the Hunter Biden investigation with prosecutors who met with him in Belgium in 2019. But prosecutors painted a portrait of Mr. Luft, who split his time between Israel and Washington, as an unscrupulous political fixer working for China who made much of his cash as a back-channel arms and oil broker. He told an associate that the unwillingness of U.S. officials to sell weapons to Kenya provided them with an “opportunity” for profit, prosecutors said. In one instance, Mr. Luft received a letter telling him explicitly that a shipment of the oil was Iranian but that it should be “be presented as U.A.E. origin without Iranian papers,” according to the filing.
Persons: Luft, Hunter Biden, Mr Organizations: United Arab Emirates, Institute, Global Security, Justice Department Locations: Belgium, Israel, Washington, China, Libya, Kenya, Iran, Gaithersburg, Md, Beijing
NEW YORK, July 10 (Reuters) - The leader of a U.S. think tank has been charged with acting as an unregistered agent of China, as well as seeking to broker the sale of weapons and Iranian oil, federal prosecutors in Manhattan said on Monday. Luft is accused of pushing the adviser to support policies favorable to China, including by drafting comments in the adviser's name published in a Chinese newspaper. Luft is co-director of the Institute for the Analysis of Global Security, which describes itself as a Washington, D.C.-based think tank focused on energy, security and economic trends. The think tank did not immediately respond to a request for comment. Reporting by Luc Cohen in New York; Editing by Stephen Coates and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Persons: Gal Luft, Donald Trump, Luft, I've, Prosecutors, Luc Cohen, Stephen Coates, Bill Berkrot Organizations: YORK, Prosecutors, U.S, Reuters, Institute, Global Security, D.C, United Arab, Thomson Locations: U.S, China, Manhattan, United States, Israel, Cyprus, Washington, Libya, United Arab Emirates, Kenya, New York
WASHINGTON, July 9 (Reuters) - The U.S. assistant secretary of State for African affairs, Molly Phee, will travel to Addis Ababa on Monday and Tuesday to meet with African leaders and Sudanese civilians on how to end the conflict in Sudan, the State Department said on Sunday. Diplomatic efforts to halt fighting between Sudan's army and the paramilitary Rapid Support Forces (RSF) have so far proved ineffective, with competing initiatives creating confusion over how the warring parties might be brought to negotiate. During her travel, Phee will meet with Sudanese civilians and with senior representatives of governments in the region, the East African bloc Intergovernmental Authority on Development and the African Union Commission, according to the State Department. Egypt said on Sunday it would host a summit of Sudan's neighbors on July 13 to discuss ways to end the conflict between the rival Sudanese military factions. Reporting by Kanishka Singh in Washington; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Molly Phee, Phee, Kanishka Singh, Leslie Adler Organizations: U.S, State Department, Rapid Support Forces, Sudanese Armed Forces, SAF, East, Authority, Development, African Union Commission, Thomson Locations: Addis Ababa, Sudan, Khartoum, Sudan's, El Obeid, Egypt, Jeddah, United States, Saudi Arabia, East, Kenya, Washington
The future of cruises: Bigger, longer and electric
  + stars: | 2023-07-08 | by ( Maureen O'Hare | ) edition.cnn.com   time to read: +4 min
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. The new cruise eraConstruction is complete on the world’s biggest cruise ship, which is expected to set sail in Caribbean waters in January 2024. Royal Caribbean’s Icon of the Seas is nearly 1,200 feet long and will be home to the world’s largest waterpark at sea. China’s first homegrown large cruise ship, the Adora Magic City, recently undocked in Shanghai after four years of construction. And finally, an electric cruise ship with enormous solar sails is set to launch in 2030.
Persons: Habib Battah, didn’t, Umoja Organizations: CNN, Magic City, Haiwaiian Airlines, US State Department Locations: Italy, Magic, Shanghai, China, Taiwan, Australia, North Carolina, Wisconsin, Kenya, Antarctica, United States, Spanish, Malaga, It’s, South Carolina
EMEA credit rating trends see bright spots - S&P
  + stars: | 2023-07-07 | by ( ) www.reuters.com   time to read: +2 min
The Nigerian and Turkish governments are adjusting their monetary policy settings in a way that S&P says could help them rebuild foreign-exchange reserves and stop the population from dollarizing their savings. Despite the "bright spots" S&P acknowledges, the outlook balance among the 55 countries in their EMEA universe remains the same as a year ago. There are seven countries with negative outlook and four with a positive one, from six and three respectively in June 2022. All negative outlooks, Ethiopia, Kenya, Nigeria, Turkey, Uganda, and Ukraine are rated 'B' or below by S&P. Reporting by Rodrigo Campos; editing by David EvansOur Standards: The Thomson Reuters Trust Principles.
Persons: Frank Gill, Rodrigo Campos, David Evans Organizations: P Global, Federal, Thomson Locations: United States, Europe, East, Africa, Ukraine, Ethiopia, Kenya, Nigeria, Turkey, Uganda, Russia, Egypt
Compare Sapphire Preferred and Ink Business Preferred Chase Sapphire Preferred® CardInk Business Preferred® Credit Card Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's a detailed look at the biggest differences between the Chase Sapphire Preferred® Card and the Ink Business Preferred® Credit Card. The other major difference is that the Ink Business Preferred® Credit Card offers cell phone protection against theft or damage. Chase Sapphire Preferred Compared to Ink Business PreferredThough similar — each charges a $95 annual fee that is not waived the first year — the Sapphire Preferred and Ink Business Preferred® Credit Card have different welcome bonus requirements and bonus spending categories. If you're thinking of getting both cards, apply for the Ink Business Preferred® Credit Card first.
Persons: Chase, We're, Chase Sapphire, Eric Rosen Eric Rosen, you'll, Condé Organizations: Chase, Sapphire, Chevron, Target, Walmart, Reading Chevron, Chase Sapphire, Travel Shipping, Ink, Apple, Lingus AerClub Air Canada Aeroplan Air France, KLM Flying Blue British Airways Executive Club Emirates, JetBlue, Singapore Airlines, Southwest Airlines Rapid, United, Virgin Atlantic Flying, Hyatt Travel, Card, Business, Chase Travel, National Geographic, Bloomberg Locations: Iberia, Los Angeles, Australia, Kenya, Laos
SEOUL, July 6 (Reuters) - South Korea is set to sign an agreement next week with eight African nations to help boost rice production and cut their dependence on imports, Agriculture Minister Chung Hwang-keun told Reuters, amid concerns over food security on the continent. The minister said during several visits to Africa starting late last year officials told him they desperately needed help. Rice prices had almost doubled due to supply chain disruptions," Chung said, noting how food imports had squeezed the countries' foreign exchange reserves. South Korea has been able to produce enough rice to meet more than 90% of local demand, though still depends heavily on some other food imports. "The K-Rice project will bring outstanding rice varieties and hope to the small farmers in Africa suffering from the climate crisis," Marian Sunhee Yun, the director of WFP Korea Office, said.
Persons: Chung Hwang, keun, Yoon Suk Yeol, Chung, Rice, Yoon Suk, Marian Sunhee Yun, 1,302.3500, Soo, hyang Choi, Ed Davies, Sonali Paul Organizations: Agriculture, Reuters, Economic, West African States, United Nations, Food, WFP Korea Office, Thomson Locations: SEOUL, South Korea, Ghana, Guinea, Bissau, Gambia, Senegal, Cameroon, Uganda, Kenya, Africa, West Africa, Seoul
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