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☆ Morocco win but other heavyweights humbled in World Cup qualifiers
▼ + stars: | 2023-11-21 | by ( Mark Gleeson | ) www.reuters.com time to read: +3 min

CAPE TOWN, Nov 21 (Reuters) - Ghana and South Africa both suffered embarrassing defeats in World Cup qualification on Tuesday while top contenders Cameroon, Guinea, Senegal and Zambia also found it tough on the road as they all dropped points. On a busy day of 15 matches across the continent, there were also wins for Burkina Faso, the Cape Verde Islands, Morocco, Namibia, Tunisia and Uganda. But it was the Comoros, with a population of around a million, and Rwanda, ranked 140 in world football, who tore up the form book in beating Ghana and South Africa respectively. It was Rwanda’s first victory in their last 11 home matches and took them top of Group C, where they lead not only South Africa but also Nigeria and Zimbabwe. The next round of African qualifiers will be played in June, with the continent now turning its focus to January’s Cup of Nations finals in the Ivory Coast.

Persons: Moroni, Myziane Maolida, Innocent Nshuti, Gilbert Mugisha, Patson Daka, Hakim Ziyech, Bertrand Traore, Dango Ouattara, Tunisia’s, Youssef Msakni, Mark Gleeson, Toby Davis Organizations: Cameroon, Burkina, Ocean, African, Nations, Rogers Mato, Cape Verde Islands, Niger, Ethiopia, Malawi, Sao Tome, Thomson Locations: CAPE, Ghana, South Africa, Guinea, Senegal, Zambia, Burkina Faso, Cape Verde Islands, Morocco, Namibia, Tunisia, Uganda, Comoros, Rwanda, Cameroon, Africa, Butare, Nigeria, Zimbabwe, Togo, Botswana, Somalia, Libya, Mauritius, Angola, Cape, Eswatini, Qatar, Tanzania, Dar, Lilongwe, Sao Tome e Principe, Ivory Coast, Cape Town

WASHINGTON (AP) — President Joe Biden promised to visit Africa this year, but 2023 is drawing to a close with no trip in sight yet. “I’m eager to visit your continent,” Biden said at the summit almost a year ago. “We’re hoping that President Biden will also be here to restore that trajectory,” he said. Tanzanian President Samia Suluhu Hassan told Harris that her country was excited for a Biden visit. “Tanzanians are now anxiously waiting for President Joe Biden’s visit in Tanzania,” she said to the U.S. vice president.

Persons: Joe Biden, Biden, “ I’m, ” Biden, “, ”, Jideofor Adibe, John Kirby, Xi Jinping, ramping, Daniel Russel, Inger Andersen, “ Joe Biden, Mohamed Adow, Kamala Harris, Jill Biden, Antony Blinken, Janet Yellen, Lloyd Austin, Harris, Nana Akufo, Donald Trump —, —, Barack Obama, George W, Bush, Bill Clinton, “ We’re, Samia Suluhu Hassan, Joe Biden’s, Seth Borenstein, Chinedu Asadu, Asadu Organizations: WASHINGTON, Africa, Center for Strategic, International Studies, Nigeria’s Nasarawa State University, White House, Administration, Associated Press, Pacific, Hollywood, Asia Society Policy Institute, U.S ., Republican, Biden Locations: Africa, Dubai . U.S, Israel, Vietnam, Ukraine, Washington, U.S, California, Glasgow, Scotland, Egypt, China, Dubai, United States, Ghana, Tanzania, ”, Abuja, Nigeria

☆ Cocoa prices hover at 45-year highs as lagging harvests kick off 3rd season of shortages
▼ + stars: | 2023-11-20 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Cocoa prices are hovering around 45-year highs as futures trade over $4,000 per metric ton. Similar factors have also dragged down the supply of sugar, driving its price up. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Poor weather and dismal harvests have also weighed on commodities such as sugar, driving its price to a high not seen for over a decade. Poor production in India has led to export curbs on the commodity, in the government's bid to keep domestic sugar prices stable.

Persons: —, it's, El Nino Organizations: Bloomberg, Service Locations: Ivory Coast, Ghana, Ivory, West Africa, Europe, Brazil, India

"The Compact with Africa conference aims to send this signal: You can count on Germany as a partner". The 4 billion euros would be channelled into the common EU-Africa Initiative for Green Energy. The European Union had already announced it would deliver it 3.4 billion euros in grants. German trade with Africa was 60 billion euros ($65.4 billion) last year, which is a fraction of its trade with Asia but up 21.7% on 2021. Ivory Coast President Alassane Ouattara said the number of German companies had tripled in five years while Morocco's Prime Minister Aziz Akhannouch said German investment had increased sixfold since 2015.

Persons: Olaf Scholz, Emmanuel Macron, Ursula von der Leyen, Liesa, Scholz, Christian Lindner, Alassane Ouattara, Aziz Akhannouch, Andreas Rinke, Sarah Marsh, Riham Alkousaa, David Gregorio Our Organizations: French, REUTERS, Rights, Africa, Africa Initiative for Green Energy, European Union, " Finance, Ivory, Morocco's, Democratic, Thomson Locations: Africa, Berlin, Germany, Europe, China, West, Russia, Asia, Ivory Coast, Morocco, Tunisia, Egypt, Senegal, Guinea, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo, Ethiopia

The IMF approved a tweaked deal, but official creditors again rejected it, Zambia said. The country's External Bondholder Steering Committee said it was deeply concerned with recent developments and that its latest offer would provide more debt relief than official creditors on a net present value basis, as well as a principal haircut when official creditors were offering none. The Common Framework has been severely criticised, as it is yet to provide any countries with debt relief. "If the OCC does not row back, sovereign debt restructuring would have taken a huge step backwards," said a second source familiar with the situation. Ghana, which is also undergoing Common Framework debt treatment, saw its international bonds slump up to 1.4 cents on the dollar .

Persons: Yuri Gripas, Rachel Savage, Karin Strohecker, Bhargav Acharya, Marc Jones, Libby George, Alexander Winning, William Maclean, Bernadette Baum Organizations: Monetary Fund, REUTERS, International Monetary Fund, IMF, OCC, Government, Paris Club, Thomson Locations: Washington , U.S, Zambia Zambia, Ghana, Sri Lanka, JOHANNESBURG, Zambia, China, Base, France, India, London

Scholz, who has visited Africa several times since taking office in late 2021, will hold bilateral talks with several African countries on Sunday, before hosting a German-African investment summit at Berlin's Marriott Hotel on Monday morning. African countries have long complained that while Europe talks about investment, China actually provides financing without any moral lecturing. Still, Chinese lending in Africa is in decline, while European interest is rising as it seeks to diversify supply chains. Nearly two thirds of German companies want to expand their business in Africa, according to a study by KPMG and the German-African Business Association. The member countries of the G20 Compact are Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo and Ethiopia.

Persons: jostling, Scholz, Macron, Ursula von der Leyen, Emmanuel Macron, Mark Rutte, Olaf Scholz, Sarah Marsh, Andreas Rinke, Mike Harrison Organizations: Africa, Dutch, African Union, KPMG, African Business Association, Democratic, Thomson Locations: Berlin, Africa, Macron BERLIN, Germany, Berlin's, Europe, United States, Russia, China, Asia, Morocco, Tunisia, Egypt, Senegal, Guinea, Ivory Coast, Ghana, Togo, Benin, Burkina Faso, Rwanda, Democratic Republic of Congo, Ethiopia

The economy is likely already in recession and is expected to contract again next year. Shortly after being sworn in as economy minister, Massa in August 2022 pledged to stop printing money to fight inflation. "Markets will likely prefer a Milei victory simply because he is more credible on delivering the fiscal adjustment." "Every investor understands that the macroeconomic adjustments that Argentina needs will inevitably translate into short-term pain." For investors, Argentine stocks traded in New York (.MIAR00000PUS) have been a beacon of hope, up near 15% year to date.

Persons: Sergio Massa, Javier Milei, Luis Robayo, Pilar Tavella, Alejo Czerwonko, Massa, Carlos de Sousa, UBS's, JPMorgan's Diego Celedon, Celedon, Rodrigo Campos, Adam Jourdan, Lisa Shumaker Organizations: por la Patria, La Libertad, University of Buenos, Law School, Global, Peronist, Barclays, Reuters Graphics Reuters, Argentina, Monetary Fund, Itau, IMF, Emerging, UBS Global Wealth Management, Vontobel Asset Management, Argentine, UBS, Thomson Locations: Argentina, University of Buenos Aires, Buenos Aires Argentina, New York, Argentine, outperforming

☆ Iraq becomes EBRD shareholder, Senegal and Ghana apply to join
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain, September 14, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsLONDON, Nov 16 (Reuters) - Iraq has become the 74th member of the European Bank for Reconstruction and Development, the multilateral lender said on Thursday, while Ghana and Senegal have also applied to join. Iraq first submitted its request to join the bank in 2018, and its shareholder status enables it to apply to become a recipient economy, which would unlock EBRD finance and policy support. "When the time comes, we are looking forward to starting work in Iraq, applying our expertise to developing its economy," EBRD President Odile Renaud-Basso said in a statement. Renaud-Basso told Reuters that Senegal and Ghana had submitted applications to join the bank in the latest sign of its push into sub-Saharan Africa.

Persons: Alishia, Odile Renaud, Basso, Renaud, Libby George, Marc Jones, Christina Fincher Organizations: European Bank for Reconstruction, REUTERS, Reuters, Ukraine, Thomson Locations: Canary Wharf, London, Britain, Iraq, Ghana, Senegal, Saharan Africa, Benin, Ivory Coast, Europe, East, North Africa, Asia

UKRAINE DIVERSIONReuters spoke to around a half dozen Czech and Polish defence companies and government officials who described renewed efforts to carve out a bigger share of the African arms market as the Ukraine conflict diverts Russia's attention. Privately-held defence and civil manufacturing company Czechoslovak Group - the biggest Czech defence company - said its ability to maintain and modernize armoured vehicles using Soviet-era standards has helped it win business in Africa. ...in Poland where our stand was visited by numerous delegations from African countries that appeared here for the first time," WB Group spokesman Remigiusz Wilk said. The effort to supply Ukraine has pushed Czech companies to boost production and expand supply lines, something Czech-based independent defence analyst Lukas Visingr said has burnished the region's reputation. "The Czech arms industry is stepping up its efforts towards certain African countries still using Soviet-style equipment but who start to see Russia as a problematic supplier," Visingr said.

Persons: David W Cerny, Jiri Hynek, Filip Kulstrunk, Andrej Cirtek, Pieter Wezeman, Sebastian Chwalek, –, Remigiusz Wilk, Petr Fiala, Tomas Pojar, Tomas Kopecny, Kopecny, Lukas Visingr, Visingr, Michael Kahn, Anna Koper, Alex Richardson Organizations: Aero Vodochody, REUTERS, Western, Central, Russia Czech, Defence, Western NATO, Warsaw, Defence and Security Industry Association of, Reuters, Aero, Privately, Czechoslovak Group, CSG, Stockholm International Peace Research Institute, WB Group, WB, Ivory, Thomson Locations: Odolena Voda, Czech Republic, Russia, Africa, PRAGUE, WARSAW, European, Western, Czechoslovakia, Czech, UKRAINE, Polish, Ukraine, Stockholm, China, Saharan Africa, Poland's, Poland, Ethiopia, Kenya, Ghana, Prague, Mozambique

☆ Suarez returns to Uruguay squad, Cavani out injured
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

Marcelo Bielsa's 24-man list also included fellow striker Edinson Cavani but he has withdrawn after a muscle injury in Boca Juniors' 1-0 win over Newell's Old Boys on Sunday. Mexican club Leon's Federico Vinas has therefore been drafted in as a late replacement. The 36-year-old Suarez, who played his last game for Uruguay in the 2-0 win over Ghana in December at the World Cup, has made 137 international appearances, scoring 68 goals. The striker could return to the top of the all-time South American World Cup qualifying scoring charts, where he trails Argentina's Lionel Messi by two goals with a total of 31. Another record within reach is the number of games played for Uruguay in World Cup qualifiers, currently held by Diego Godin with 65 appearances, three more than the Gremio forward.

Persons: Uruguay's Luis Suarez, Edinson Cavani, Kai Pfaffenbach, Luis Suarez, Cavani, Marcelo Bielsa's, Leon's Federico Vinas, Suarez, Lionel Messi, Diego Godin, Sergio Rochet, Franco, Santiago Mele, Ronald Araujo, Jose Maria Gimenez, Bruno Mendez, Sebastian Caceres, Matias Vina, Sassuolo, Guillermo Varela, Mathias Olivera, Manuel Ugarte, Rodrigo Bentancur, Felipe Carballo, Nicolas de la, Federico Valverde, Giorgian de Arrascaeta, Agustin Canobbio, Maximiliano Araujo, Facundo Pellistri, Facundo Torres, Cristian Olivera, Darwin Nunez, Federico Vinas, Angelica Medina, Ken Ferris Organizations: Soccer Football, FIFA World, Qatar, Lusail, Edinson Cavani REUTERS, Boca Juniors, Newell's, Sunday, South, Argentina, Ghana, Gremio, Sporting, Atletico Madrid, Flamengo, Paris St, Tottenham Hotspur, Athletico Paranaense, Manchester United, Strikers, Angeles FC, Thomson Locations: Portugal, Uruguay, Lusail, Qatar, Bolivia, Internacional, Franco Israel, Barcelona, America, Paris, Paris St Germain, Nicolas de la Cruz, Real Madrid, Athletico, Toluca, Manchester, Orlando City, Angeles, Liverpool, Leon, Mexico City

☆ The U.S. has lost thousands of tech workers to Canada — here's why
▼ + stars: | 2023-11-14 | by ( Sydney Boyo | ) www.cnbc.com time to read: +3 min

As of last month, the Canadian government says more than 6,000 U.S. H-1B visa holders had arrived in Canada so far this year. That's after massive layoffs left high-skilled foreign H-1B holders in limbo. The H-1B program targets highly educated and specialized foreign workers in fields such as tech and health care. The study also shows that Canada now has 1.1 million tech workers, and Toronto and Vancouver ranked among the top 10 tech cities in the U.S. and Canada. To learn more about how Canada is targeting H-1B visa holders, watch the video.

Persons: Annie Beaudoin, Harnoor Singh, Frederick Anokye, Kubeir Kamal, I'm, Marc Miller wasn't Organizations: Google, Microsoft, Meta, Apple, U.S . Citizenship, Immigration Services, Micron, College of Immigration, Citizenship, Canada's Tech, Vancouver, Canadian Locations: Canada, Canadian, U.S, India, Ghana, Toronto

Students from India now outnumber those from China in 24 U.S. states, including Illinois, Texas and Michigan, which rank among the top destinations for international students. For the second consecutive year, America's graduate programs were the main attraction for international students, the study finds. Taken together, those three fields account for more than half of all international students in the United States. The surge nearly brings international numbers back to their pre-pandemic highs, with a peak of almost 1.1 million students in 2018. University leaders say they're important for global exchange, and they're also important for revenue — international students are usually charged higher tuition rates, effectively subsidizing college for U.S. students.

Persons: ”, Allan E, Goodman, Marianne Craven, they're Organizations: WASHINGTON, —, U.S, State Department, Institute of International Education, State, United Nations, Engineering, University, ., National, Associated Press, Carnegie Corporation of New, AP Locations: India, U.S, China, United Kingdom, Canada, Asia, United, Illinois , Texas, Michigan, United States, South Korea, Vietnam, Taiwan, Nigeria, Bangladesh, Colombia, Ghana, Italy, Nepal, Pakistan, Spain, Carnegie Corporation of New York

☆ Tullow in $400 million debt deal, Ghana oil marketing pact with Glencore
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsNov 13 (Reuters) - Tullow Oil (TLW.L) said on Monday it signed a $400 million five-year debt deal with Glencore (GLEN.L) to help manage its senior notes maturing through 2026 and will see the trading house take over marketing the crude from its flagship Ghana oilfields. The facility "significantly de-risks" Tullow's ability to refinance its 2026 notes, Peel Hunt analysts wrote in a note. Tullow's shares were up 3.6% at 31.5 pence in early trade. The company also signed an oil marketing and offtake contract with Glencore for Tullow's crude oil entitlements in Ghana and Gabon. Tullow reiterated its free cashflow guidance of $800 million between this year and 2025.

Persons: Arnd, Rahul Dhir, Peel, Tullow, Radhika Anilkumar, Shadia Nasralla, Savio D'Souza, Jason Neely Organizations: REUTERS, Glencore Energy UK Ltd, Peel Hunt, Glencore, Thomson Locations: Baar, Switzerland, Ghana, Gabon, Bengaluru, London

☆ Raphael Dwamena: Ghana international footballer dies aged 28 after collapsing on the pitch
▼ + stars: | 2023-11-11 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

CNN —Raphael Dwamena, who played for the Ghana international football team, has died at the age of 28 after collapsing during a match, the Ghana Football Association announced. “Our thoughts are with the family of Raphael Dwamena at this difficult time,” the association said in a statement. Video footage posted to X, formerly Twitter, shows Dwamena collapsing on the pitch, before players from both teams rushed to his side. During his career, Dwamena played for clubs in Spain, Switzerland, Austria and Denmark. “On behalf of Levante, we would like to express our sincere condolences for the death of our former player, Raphael Dwamena,” the club said in a statement.

Persons: CNN — Raphael Dwamena, Raphael Dwamena, “ Raphael, Raphael, ”, Blau, Dwamena Organizations: CNN, Ghana international football team, Ghana Football Association, Dwamena’s, KF Egnatia, Weiß Linz, Austrian, Levante Locations: Ghana, Albanian, Hartberg, Spain, Switzerland, Austria, Denmark

☆ Germany, Like U.S., Tries to Curb Surge in Asylum Seekers
▼ + stars: | 2023-11-10 | by ( Bojan Pancevski | ) www.wsj.com time to read: 1 min

People waited at a registration center for asylum seekers in Berlin last month. Photo: clemens bilan/ShutterstockBERLIN—Germany is working on a plan to send some asylum seekers to Africa while their cases are decided, marking a U-turn for a country that has long been open to migrants but is straining under a surge in arrivals. Berlin is considering approaching Kenya, Ghana, Senegal, Morocco and others to house some asylum seekers while they await approval of their applications, a process that can sometimes take years, according to several German officials familiar with the discussions. The plans, which are still being negotiated, could include permanently resettling those that fail to win refugee status in those countries, officials said, as well as incentivizing those with some right to protection in Germany to settle in third countries.

Persons: clemens bilan Organizations: BERLIN — Locations: Berlin, BERLIN, BERLIN — Germany, Africa, Kenya, Ghana, Senegal, Morocco, Germany

Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Nov 9 (Reuters) - Brazil's central bank chief Roberto Campos Neto on Thursday said any change to the country's fiscal target would raise concerns, following comments by President Luiz Inacio Lula da Silva casting doubt on the government's vow to erase a budget deficit. Since then, Finance Minister Fernando Haddad has broadly reaffirmed Brazil's commitment to "fiscal balance," but lawmakers involved in next year's budget bill are hinting heavily that they aim to loosen the zero-deficit target. In Thursday's interview, Campos Neto highlighted that Brazil has approved important reforms since the COVID pandemic, including an overhaul on consumption taxes, which passed the Senate on Wednesday, but acknowledged the uncertainty on fiscal policy. "And that influences a lot of the variables that are important for us when you make decisions in monetary policy," he reinforced.

Persons: Roberto Campos Neto, Brendan McDermid, Luiz Inacio Lula da Silva, Campos Neto, Lula, Fernando Haddad, Rodrigo Campos, Dan Burns, Marcela Ayres, Mark Porter, Brad Haynes, Nick Macfie Organizations: REUTERS, Reuters NEXT, Finance, Thomson Locations: New York City , New York, U.S, New York, Brazil

☆ Saudi Arabia to sign deals worth over $500 mln with African nations -minister
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +1 min

Saudi Minister of Finance Mohammed al-Jadaan gestures during an interview with Reuters at the Ministry of Finance in Riyadh, Saudi Arabia, December 12, 2021. REUTERS/Ahmed Yosri/File Photo/File Photo Acquire Licensing RightsRIYADH, Nov 9 (Reuters) - The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African countries, Saudi Finance Minister Mohammed Al-Jadaan said on Thursday during the Saudi-Arab-African Economic Conference in Riyadh. Saudi Investment Minister Khalid Al-Falih later said at the same conference the kingdom's over $700 billion wealth fund, the Public Investment Fund, will make some "game changing" investments in Africa. Saudi Energy Minister Prince Abdulaziz bin Salman, also at the conference, signed preliminary agreements with African countries including Nigeria, Senegal, Chad and Ethiopia on energy-related cooperation. ($1 = 3.7511 riyals)Reporting by Aziz El Yaakoubi; writing by Clauda Tanios and Yousef Saba; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: Mohammed, Ahmed Yosri, Mohammed Al, Jadaan, Khalid Al, Falih, Prince Abdulaziz bin Salman, Aziz El Yaakoubi, Clauda Tanios, Yousef Saba, Jason Neely Organizations: Reuters, Ministry of Finance, REUTERS, Rights, Saudi Fund, Development, Saudi Finance, African Economic Conference, Saudi Investment, Public Investment Fund, Saudi Energy, Thomson Locations: Saudi, Riyadh, Saudi Arabia, Rights RIYADH, Ghana, Africa, Nigeria, Senegal, Chad, Ethiopia

☆ Presidential portraits: Kehinde Wiley’s secret, decade-long project painting African leaders
▼ + stars: | 2023-11-08 | by ( Thomas Page | ) edition.cnn.com time to read: +6 min

Perhaps not, supposes Kehinde Wiley in his latest collection, “A Maze of Power,” which, in the artist’s own indelible style, casts plenty of light of its own. We’re now learning that before and after that commission, he had been on a secret, decade-long odyssey across the African continent, painting its current and former heads of state. This series narrows the gap further, with subjects commanding a similar power to some of Wiley’s artistic reference points. Tanguy Beurdeley/© Courtesy Kehinde Wiley and Galerie TemplonHery Rajaonarimampianina, the former president of Madagascar, sits astride a horse in one painting. Some might wrinkle their nose at seeing certain heads or former heads of state depicted in such triumphant fashion.

Persons: Kehinde Wiley, Wiley, Barack Obama, We’re, Jacques Chirac, Obama, Sarah Ligner, Black, Old, Olusegun Obasanjo, Paul Kagame, Tanguy, Hery Rajaonarimampianina, Alpha Condé, –, ”, Rajaonarimampianina –, “, “ it’s, Andy Warhol’s, Mao Organizations: CNN, Old Masters, Democratic, Wiley Locations: Africa, Zimbabwe, Rhodesia, Los Angeles, Senegal, Nigeria, New York, Paris, France, Rwanda, Madagascar, Ethiopia, Addis Ababa, Guinea, Ghana, Ivory Coast, Togo, Democratic Republic of Congo

☆ What orange juice futures tell us about the state of our world
▼ + stars: | 2023-11-08 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Cocoa and orange juice futures have hit multi-decade highs as climate change and harsh weather takes their toll on crops in warmer climates. Here’s the latest in the commodities market:Orange juiceOrange juice futures have soared to their highest levels since the commodity began trading in 1966. The January contract for frozen concentrated orange juice is currently sitting around $3.95, up nearly 94% so far this year. The rally has led to a rise in speculative betting, leading some analysts to call orange juice futures the new GameStop. But “the eventual crash in the price of orange juice will be one for the record books,” he quipped.

Persons: Nicole, it’s, they’re, ”, Dave Reiter, It’s, Brent, David Morrison, stoking, That’s, WeWork, Nathaniel Meyersohn, Ermengarde Jabir, Alicia Wallace, “, Ted Rossman Organizations: CNN Business, Bell, New York CNN, OJ, Sunshine State, Futures, GameStop, Reiter Capital Investments, Cocoa, West Texas Intermediate, “ Traders, Trade Nation . Energy, Wheat, Organisation for Economic Co, Federal Reserve Bank of New, New York Fed Locations: New York, Ukraine, Orange, US, Brazil, Mexico, Florida, Ghana, Ivory Coast, Ivory, Chicago, Southeast Asia, Europe, China, Russia, America, United States

☆ Democrat Gabe Amo projected to win open House seat in Rhode Island
▼ + stars: | 2023-11-07 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Gabe Amo smiles at an election results party after his win in the Democratic primary for Rhode Island's 1st Congressional District, Tuesday, Sept. 5, 2023, in Pawtucket, R.I.Democrat Gabe Amo is the projected winner of the election for Rhode Island's 1st Congressional District on Tuesday, according to the NBC News Decision Desk. Amo defeated Republican Gerry Leonard, a Naval War college graduate who served in the Marines for three decades. He previously served as a White House aide, working in the Office of Intergovernmental Affairs in the Obama and Biden administrations. Amo came out on top in a crowded primary in September, with a dozen candidates vying to succeed Democrat Rep. David Cicilline, who left Congress to lead a nonprofit foundation. Amo campaigned on banning assault weapons, protecting Social Security and Medicare from funding cuts, and ensuring access to abortion.

Persons: Gabe Amo, Rhode Island's, Amo, Republican Gerry Leonard, Obama, Biden, David Cicilline Organizations: Democratic, Congressional District, NBC, State, Republican, Naval, White, Intergovernmental Affairs, Social Security Locations: Pawtucket, R.I, Congress, Amo, Ghana, Liberia

☆ Developing countries owe China at least $1.1 trillion – and the debts are due
▼ + stars: | 2023-11-07 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —Developing countries owe Chinese lenders at least $1.1 trillion, according to a new data analysis published Monday, which says more than half of the thousands of loans China has doled out over two decades are due as many borrowers struggle financially. Now, 55% of China’s official sector loans to developing countries have entered their repayment periods, according to the analysis of more than two decades of China’s overseas funding across 165 countries released by AidData. Instead, China is providing substantial numbers of emergency rescue loans, according to AidData. Overall funding commitments from China to the developing world declined at the start of the pandemic, according to AidData. Half of China’s non-emergency lending portfolio to developing countries is now provided via syndicated loan arrangements, with more than 80% of these arrangements involving those Western or multilateral partners, they said.

Persons: William & Mary, Xi Jinping, ”, Brad Parks, Hajarah Nalwadda, ’ AidData, ” Parks, “ Organizations: Hong Kong CNN, William &, Initiative, AidData, CNN, “, Bank of International, Getty, World Bank Locations: China, Hong Kong, Virginia, Beijing, America, Southeast Asia, Switzerland, Kiryandongo, Uganda, Xinhua, United States, AidData, Zambia, Ghana

Those diagnosed with drug-resistant TB receive medication to take for six months — a far shorter time than previously required. For decades, the standard treatment for drug-resistant TB was to take drugs daily for a year and a half, sometimes two years. Inevitably, many patients stopped taking the medicines before they were cured and ended up with more severe disease. Countries fighting TB are concerned about what may happen if that funding ends. “If our patients had to pay, we would not have one single person taking treatment,” Ms. Yahaya said.

Persons: ” Ms, Yahaya, John Green, Johnson Organizations: Global Fund, AIDS, Tuberculosis, Malaria, United Nations Locations: Ghana, India

☆ As a Teen, She Loved Video Games. Now She’s Using A.I. to Try to Quash Malaria.
▼ + stars: | 2023-11-03 | by ( Dionne Searcey | More About Dionne Searcey | ) www.nytimes.com time to read: +1 min

While some of her cohorts are most passionate about sensor fusion or robotics, Ms. Diagne is into artificial intelligence and machine deep-learning. She helped create an award-winning networking app to meet others with similar interests — like Tinder but for tech nerds. And she founded a start-up called Afyasense (she borrowed “afya,” or health, from Swahili, an East African language) for her disease-detection projects using A.I. Ms. Diagne wants to use A.I. Her malaria project recently won an award at an A.I.

Persons: Diagne, “, ”, Ismaïla Seck, Diagne’s Locations: East, Dakar, Ghana, Senegal

These student doctors, nurses and physician assistants are the front line of health care for asylum-seekers in the nation’s third-largest city, filling a gap in Chicago’s haphazard response. “My team is a team that shouldn’t have to exist, but it does out of necessity,” said Sara Izquierdo, a University of Illinois Chicago medical student who helped found the group. Political Cartoons View All 1230 ImagesIzquierdo noted the medical care gap months ago, consulted experienced doctors and designed a street-medicine model tailored to migrants' medical needs. The migrants’ health problems tend to be related to their journey or living in crowded conditions. “You’re not going to tell a person who has gone through this journey to stop smoking,” said Ruben Santos, a Rush University medical student.

Persons: “, ”, Sara Izquierdo, we’re, I’m, Greg Abbott, Izquierdo, Abrahan Balizario, wasn’t, Miriam Guzman, Brandon Johnson, Rey Wences Najera, “ You’re, Ruben Santos, Moises Hidalgo, He’s, “ I’ve, Muftawu, Deen Iddrisu, Melissa Perez Winder, Robert Wood Johnson Organizations: CHICAGO, University of Illinois Chicago, Texas Gov, Hygiene, UIC, Rush University, Illinois Masonic Medical Center, Press, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Chicago, Peru, Venezuela, U.S, Hidalgo, Illinois, Ghana, Cuba

[1/2] Kenyan workers check clothes made for export at the United Aryan Export Processing Zone (EPZ) factory, operating under the U.S. African Growth and Opportunity Act (AGOA), in Ruaraka district of Nairobi, Kenya October 26, 2023. REUTERS/Thomas Mukoya Acquire Licensing RightsNov 1 (Reuters) - South Africa will host the annual African Growth and Opportunity Act (AGOA) Forum in Johannesburg from Nov 2-4 to discuss the United States' flagship trade programme for the continent. The African Growth and Opportunity Act is a U.S. trade initiative passed in 2000 under former President Bill Clinton to deepen trade ties with Sub-Saharan Africa and help African countries develop their economies. AGOA provides duty-free access to the U.S. market for most agricultural and manufactured products exported by eligible African countries. African countries are pushing for an early 10-year extension without changes in order to reassure businesses and investors who might have concerns over AGOA's future.

Persons: Thomas Mukoya, Bill Clinton, AGOA, Nellie Peyton, Joe Bavier, Alexander Smith Organizations: United Aryan, Processing, U.S ., REUTERS, WHO, AGOA, U.S . Trade, Thomson Locations: Ruaraka district, Nairobi, Kenya, South Africa, Johannesburg, United States, U.S, Saharan Africa, Ghana, Lesotho, Madagascar, Ethiopia, AGOA .

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