Hong Kong CNN Business — Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi Jinping did not offer any grand ideas to set the country back on track during his two-hour opening speech at the Communist Party Congress on Sunday. The Chinese leader is expected to […]
CNN — Ugandan President Yoweri Museveni has declared an immediate three-week lockdown in two high risk districts as the country battles a rise in Ebola infections. All movement in and out of the Mubende and Kassanda districts will be halted, Museveni said in a televised address on Saturday – although cargo trucks will be allowed […]
London CNN Business — After a bruising three-week battle with bond markets, UK Prime Minister Liz Truss admitted defeat on Friday. She fired her finance minister and gutted her economic program by promising to reinstate a big tax hike on corporations. Truss said she acted in the national interest to ensure economic stability and to […]
CNN — Tesla CEO Elon Musk has denied a claim that he spoke directly to Russian President Vladimir Putin in recent weeks about the war in Ukraine and a proposed “peace plan” to end the conflict. Speaking to CNN on Tuesday, American political scientist Ian Bremmer, president of political consulting firm Eurasia Group, claimed Musk […]
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN — The Islamic regime in Iran has ruled for decades with fear and intimidation. Outrage at the death of Mahsa Amini, a 22 year-old who died after being detained by Iran’s morality […]
CNN — Human rights groups from Russia and Ukraine – Memorial and the Center for Civil Liberties – have won the Nobel Peace Prize for 2022, along with the jailed Belarusian advocate Ales Bialiatski. The new laureates were honored for “an outstanding effort to document war crimes, human right abuses and the abuse of power” […]
São Paulo, Brazil CNN — Brazilians woke up to four more weeks of campaigning after a presidential vote on Sunday destined frontrunners Luiz Inácio “Lula” da Silva and Jair Bolsonaro to a second round run-off later this month. Results released Monday by Brazil’s Superior Electoral Court (TSE) showed left-wing candidate and former president da Silva […]
London CNN Business — There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the second quarter of the year, rather than shrinking as previously estimated. But the latest update from the Office for National Statistics also showed that the United Kingdom is the only […]
London CNN Business — A week ago, the Bank of England took a stab in the dark. It raised interest rates by a relatively modest half a percentage point to tackle inflation. It couldn’t know the scale of the storm that was about to break. Less than 24 hours later, the government of new UK […]
This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business — After tumbling to a record low against the dollar, the British pound stabilized Tuesday, rising more than 1% to $1.08. But the economic policy that sparked the currency’s historic nosedive […]
