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Sudan’s Ex-President Bashir Charged With Corruption

A Sudanese judge formally indicted former president Omar al-Bashir on charges of possessing illicit foreign currency and corruption on Saturday. Questioned in court for the first time, Bashir said that he had received $25 million from Saudi Crown Prince Mohammed bin Salman, as well as funds from other sources, but …

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Alliance Seeks $7.4B to Immunize 300M Children

Gavi, the global vaccine alliance that targets developing countries, said Friday that it was appealing for $7.4 billion to immunize 300 million children in 2021-25.  Gavi’s latest fundraising drive is its most ambitious to date. Officials said they expected huge returns from what would be the agency’s most comprehensive and cost-effective preventive health package ever.    Gavi said the vaccines would …

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What’s Behind Trump’s Criticism of Obama

U.S. President Donald Trump is facing a crowded field of 2020 Democratic presidential candidates. But when the president speaks, it is Barack Obama – his predecessor – who takes the brunt of Trump’s barbs and insults. Trump has criticized the former president on issues ranging from U.S. policy in Syria …

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Billionaire Democratic Hopeful Steyer Releases His Taxes

Democratic presidential candidate Tom Steyer made well over a billion dollars over the last decade from holdings that not only include the hedge fund he founded, but also investments in Chinese private equity firms, tech startups, pharmaceutical companies and nursing homes, his tax filings show. The California hedge fund founder …

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Economic Worries Cloud Trump Re-Election Hopes

President Donald Trump’s path to re-election next year seems to have been getting more complicated in recent weeks. He continues to boast about a strong economy, despite warnings from a number of economists that the U.S. may be headed for a recession in 2020. Now, he must fend off primary …

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US Consumer Confidence Dips Slightly in August

Consumer confidence dipped slightly in August after a big rebound in July. The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November. Economists had been looking …

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Namibian Refugees Refuse to Leave Botswana

More than 800 Namibian refugees in Botswana have vowed to stay put despite a court ruling saying they must return to their country, 20 years after fleeing following a secessionist uprising. Felix Kalula and hundreds of other Namibian refugees fled to Botswana in 1999, after violent clashes with Namibian government …

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Brazil Supreme Court Judge Says Lula Deserves Retrial

A Brazilian Supreme Court justice believes jailed ex-President Luiz Inacio Lula da Silva deserves a retrial after leaked social media conversations appeared to show the judge hearing Brazil’s largest-ever corruption case collaborated with prosecutors. Justice Gilmar Mendes said in an interview with Reuters that the so-called Car Wash investigation was …

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Banana Industry on Alert After Disease Arrives in Colombia

It might not be obvious at the supermarket, but the banana industry is fighting to protect the most popular variety of the fruit from a destructive fungus. A disease that ravages banana crops has made its long-dreaded arrival in Latin America, the biggest exporter of the crop. That’s reigniting worries about the global market’s …

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Asian Stocks Fall Amid US-China Trade Uncertainty

Stock markets in Asia traded down Monday as investors processed the latest round of reciprocal tariffs imposed by the United States and China. The slump hit major markets in Japan, China and Hong Kong. China’s top trade negotiator Vice Premier Liu He said Monday that China is willing to negotiate …

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Trump Touts USMCA in Meeting with Canada PM Trudeau 

SAINT-JEAN-DE-LUZ, FRANCE – U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau touted their trilateral trade agreement in their meeting at the sidelines of the G-7 summit in Biarritz, France. “Quite frankly, around the table there’s a lot of people wanting to make trade deals with each other,” Trudeau …

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G-7 Meets in France

The leaders of the world’s major industrialized countries are holding their annual summit.  The Group of Seven, or G-7, is meeting in Biarritz, France.  U.S. President Donald Trump’s threat to impose tariffs on French wine, one of the most iconic industries of the host country, ahead of the summit has …

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No US-Japan Trade Deal Announced at G-7

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe met on the sidelines of the G-7 summit in Biarritz, France but did not announce they have reached a trade deal. “We’re working on one and we’re fairly close,” said Trump. U.S. Trade Representative Robert Lighthizer, who has been leading …

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