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Venezuela’s 2018 Inflation to Hit 1.37 Million Percent, IMF Says

Venezuela’s 2018 Inflation to Hit 1.37 Million Percent, IMF Says

Venezuela’s annual inflation rate will surge to 1.37 million percent by the end of the year as the government fails to cover a widening budget shortfall by printing money, according to a report from the International Monetary Fund published Tuesday. That estimate from the latest IMF World Economic Outlook is up from the forecast of […]

How To Lose A $2 Billion Family Inheritance: The Tale Of The Singh Brothers Of India

How To Lose A $2 Billion Family Inheritance: The Tale Of The Singh Brothers Of India

In just a few years since inheriting a fortune from a company founded by their grandfather, brothers Malvinder and Shivinder Singh have managed to lose almost everything — including control over two public companies. Their story seems to affirm the axiom of “shirtsleeves to shirtsleeves in three generations,” a curse that plagues too many inherited […]

Australian cartoonist under fire for Serena Williams sketch

Australian cartoonist under fire for Serena Williams sketch

MELBOURNE – An Australian cartoonist has come under withering criticism for portraying tennis superstar Serena Williams using — what Harry Potter author JK Rowling described as — “racist and sexist tropes”. Mark Knight’s caricature, published in Melbourne’s Herald Sun newspaper on Monday, shows a butch and fat-lipped Williams jumping up and down on her broken […]

Coca-Cola looking at cannabis-infused drinks

Coca-Cola looking at cannabis-infused drinks

Coca-Cola said on Monday it is studying the use of a key ingredient in marijuana in “wellness beverages,” as a growing number of mainstream companies develop cannabis-infused drinks. “We have no interest in marijuana or cannabis,” Coca-Cola said in a statement. But the iconic soft drink producer is “closely watching the growth of non-psychoactive CBD […]

Govt photographer cropped photos of Trump’s inauguration to make crowd look bigger

Govt photographer cropped photos of Trump’s inauguration to make crowd look bigger

A government photographer cropped photos of the pompous event in order to make the crowd look bigger after Trump called the National Park Service to complain, according to federal records released Friday. The unnamed photographer cropped the pictures to make it appear as if “there had been more of a crowd” after he was informed […]

Cartel mass grave with at least 166 skulls and 114 ID cards is found in Mexico

Cartel mass grave with at least 166 skulls and 114 ID cards is found in Mexico

At least 166 skulls have been found in a mass grave in Mexico where drug cartels are known to dump their victims’ bodies. State prosecutor Jorge Winckler said the skulls and other human remains had lay there for at least two years. The bodies were discovered in the eastern state of Veracruz, but the exact […]

May and Merkel backing Mnangagwa is bad news for Zimbabwe

May and Merkel backing Mnangagwa is bad news for Zimbabwe

On August 28, British Prime Minister Theresa May arrived in Cape Town, South Africa, for a one-day working visit. This visit was part of a three-nation tour of South Africa, Kenya and Nigeria designed to strengthen Britain’s trade ties with African nations. During the course of her visit, May made a brief appearance on South […]

Can India Keep Pace With China in Africa?

Can India Keep Pace With China in Africa?

If it weren’t for China, Africa’s largest trading partner would be India. But how different is its mode of engagement? With China’s top-level Africa forum set to begin in Beijing on 3-4 September, many outsiders not invited to the party will be watching closely. Among them will be China’s populous neighbour, and sometimes rival, India. […]

China not exploiting Africa: Top official

China not exploiting Africa: Top official

CHINA has defended its investment policies in Africa, saying trade between the two was mutually beneficial and not meant to exploit the continent. Addressing the Press ahead of the Forum on China Africa Co-operation (Focac) summit which opens in Beijing tomorrow, Chinese charge d’affairs in Zimbabwe, Zhao Baogang said his country had extended loans of […]

Myanmar military leaders must face genocide charges – UN report

Myanmar military leaders must face genocide charges – UN report

Top military commanders in Myanmar should be investigated and prosecuted for the “gravest” crimes against civilians under international law, including genocide, United Nations-appointed investigators said on Monday. The development follows the release of a report into the circumstances surrounding the mass exodus of more than 700,000 Rohingya people from Myanmar, beginning in mid-August last year […]

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