Bolivian bonds jumped after the country’s Senate approved late Thursday a central bank bill that would allow the government to monetize its gold reserves, a key step to ease a dollar shortage and tame a growing financial crisis.
A Nigerian senator who coaxed a Lagos street trader to the UK to harvest a kidney for his sick daughter was sentenced to nine years and eight months in jail by a London judge, in the first conviction of its kind under Britain’s modern slavery laws.
Serbian President Aleksandar Vucic pledged significantly tighter gun restrictions and announced a buyout of weapons after two mass shootings this week stunned the Balkan nation.
A Pakistan court will formally charge former premier Imran Khan on May 10 for hiding earnings from the sale of state gifts acquired during his time in office, a lawyer for the country’s election commission said.
In an expletive-laden video filmed in front of a field of corpses, Wagner mercenary group founder Yevgeny Prigozhin accused Russian Defense Minister Sergei Shoigu and the head of the army Valery Gerasimov of failing to supply his troops in Ukraine with enough ammunition.
NATO is stepping up monitoring of submarines after the defense alliance warned that Moscow is mapping European Union and US critical underwater assets.
Turkey will take steps to eradicate a dual exchange rate that’s emerged in recent months, the finance minister said, suggesting the central bank’s regulations might have contributed to the spread between the official and parallel markets.
The Brazilian state with some of the world’s biggest iron ore mines wants to attract investors to its lithium deposits in a bid to feed growing demand for the key material in electric-vehicle batteries.
The International Monetary Fund’s chief capped a visit to Kenya with an enthusiastic endorsement of its economic management and expressed confidence that the cash-strapped nation would keep servicing its debts.
Africa’s continent-wide free-trade area if successfully implemented could significantly boost economic growth and improve living standards at a time of rising geopolitical tensions and climate change, the International Monetary Fund said in a study.
