Wednesday, May 27

World

Chad condemns Sudan’s airport threat as ‘declaration of war’ 
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World

Chad condemns Sudan’s airport threat as ‘declaration of war’ 

Thousands of Sudanese people have fled to neighbouring Chad for refuge Chad has condemned a senior Sudanese general's threat to target its airports, calling it a "declaration of war." Its foreign ministry said it would respond according to international law if a "square metre of Chadian territory is threatened".  The warning follows comments from Lt-Gen Yasir al-Atta, the deputy commander of Sudan's army, who said the UAE was using Chad's airports to deliver weapons to the paramilitary Rapid Support Forces (RSF). The Sudanese army has repeatedly accused the UAE of supporting its rival, the RSF, throughout the brutal two-year civil war, which has created the world's worst humanitarian crisis.  UN experts have described accusations of the UAE smuggling weapons to the...
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First black Republican congresswoman Mia Love dies at 49
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First black Republican congresswoman Mia Love dies at 49

Mia Love, the first US black Republican congresswoman, has died aged 49 in Utah, her family has announced. "She passed away peacefully" on Sunday, surrounded by family at her home in the town of Saratoga Springs, a statement said. Love, a daughter of Haitian immigrants, had represented the state of Utah in the House of Representatives. Her daughter Abigale said earlier this month that Love had no longer been responding to treatment for brain cancer. "In the midst of a celebration of her life and an avalanche of happy memories, Mia quietly slipped the bands of mortality and, as her words and vision always did, soared heavenward," said the family statement, which was posted on X. Paying tributes to Love, Utah Governor Spencer Cox wrote: "A true trailblazer and visionary leader...
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DEWA’s General Assembly Approves Dividend Payment of AED 3.1 Billion to Shareholders for H2 of 2024
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DEWA’s General Assembly Approves Dividend Payment of AED 3.1 Billion to Shareholders for H2 of 2024

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), reported that its shareholders have, in the general assembly held on 21 March 2025, approved the payment of total dividend of AED 3.1 billion for H2 of 2024, with a record date of 31 March 2025.  The meeting, chaired by HE Matar Humaid Al Tayer, Chairman of the Board of Directors of DEWA, was attended by HE Saeed Mohammed Al Tayer, MD&CEO of DEWA and Members of the Board of Directors of DEWA as well as 92.2% of the shareholders. During the meeting, a Board of Directors was elected for the next three years. ...
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Putin agrees in Trump call to pause Ukraine energy attacks but no full ceasefire
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Putin agrees in Trump call to pause Ukraine energy attacks but no full ceasefire

President Vladimir Putin has rejected an immediate and full ceasefire in Ukraine, agreeing only to halt attacks on energy infrastructure, following a call with US President Donald Trump. The Russian leader declined to sign up to the comprehensive month-long ceasefire that Trump's team recently worked out with Ukrainians in Saudi Arabia. He said a comprehensive truce could only work if foreign military aid and intelligence sharing with Ukraine came to an end. Ukraine's European allies have previously rejected such conditions. The US and Russian leaders did agree that further peace talks would take place immediately in the Middle East, but the results of the call amount to a retreat in the Trump administration's position from where it stood a week ago. When a US delegation met...
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Federal judge halts USAID shutdown
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Federal judge halts USAID shutdown

A federal judge has blocked the Trump administration from taking any further steps to shut down the US Agency for International Development (USAID) In a ruling Tuesday, Judge Theodore Chuang said the efforts, led by Trump ally Elon Musk's Department for Government Efficiency (Doge), likely violated the US constitution "in multiple ways".  Chuang ordered Doge to restore access to USAID's computer and payment systems for employees, including those who were placed on leave. The judge also ruled that termination of USAID employees should stop, but did not order the reinstating of employees previously placed on leave. The ruling came in a case brought on behalf of 26 unnamed USAID employees who allege in court filings that Musk is following "a predictable and reckless slash-and...
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Nigeria and Kenya among nations running out of HIV drugs – WHO 
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Nigeria and Kenya among nations running out of HIV drugs – WHO 

An estimated 25 million people are living with HIV in sub-Saharan Africa Eight countries - six of them in Africa, including Nigeria, Kenya and Lesotho - could soon run out of HIV drugs following the US government's recent decision to pause foreign aid, the UN World Health Organization (WHO) said. US President Donald Trump announced the freeze on his first day in office in January as part of a review into government spending. "Disruptions to HIV programmes could undo 20 years of progress," WHO chief Tedros Adhanom Ghebreyesus warned. It could also lead to more than 10 million additional cases of HIV and three million HIV-related deaths, he added, noting this was "more than triple the number of deaths last year". Nigeria, Kenya, Lesotho, South Sudan, Burkina Faso and Mali - as...
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The expelled envoy at the heart of the latest US-South Africa row
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The expelled envoy at the heart of the latest US-South Africa row

South Africa's Ebrahim Rasool is an experienced politician and had been serving his second stint as ambassador in the US As a veteran of the anti-apartheid struggle and himself a victim of the inequities of that racist system of government, Ebrahim Rasool was always unlikely to mince his words when it came to assessing the new US administration. But in a message to family and friends, South Africa's top envoy in Washington sounded almost relaxed about the diplomatic ructions that he had caused. Soon after it was announced at the weekend that he was going to be expelled from the US, Ambassador Rasool wrote that he and his family were "all packed up and looking forward to returning to South Africa" and said he was leaving the US with "no regrets". On Friday, his prepared remarks ...
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Rwanda severs ties with Belgium over ‘neo-colonial delusions’
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Rwanda severs ties with Belgium over ‘neo-colonial delusions’

Rwanda President Paul Kagame previously vowed to "stand up" to Belgium Rwanda has cut diplomatic ties with Belgium, saying it has been "consistently undermined" by the European nation during the ongoing conflict in the Democratic Republic of Congo. Brussels has been leading calls for European nations to sanction Rwanda over its support for the M23, a rebel group at the centre of DR Congo's crisis. The authorities in Kigali, Rwanda's capital, have given Belgian diplomats 48 hours to leave the country. Belgium, which is the former colonial power, has said it will respond to these measures and labelled Rwanda's decision "disproportionate". Despite assertions from the UN and US, Rwanda has denied backing the M23.  In its statement on Monday, Kigali accused Brussels of at...
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Porsche has no plans to sell Volkswagen shares
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Porsche has no plans to sell Volkswagen shares

Porsche SE, the majority shareholder of Volkswagen (VW), is not planning a sale of VW shares according to its own statements on Sunday.  In response to a query, a Porsche spokesman said there were no current concrete plans to sell VW shares nor have there been any in 2024.  The Bild newspaper had previously reported that the family branches around Wolfgang Porsche and Hans Michel Piëch were considering a partial sale of their VW shares. Porsche SE is the investment company of the Porsche and Piëch families. It holds 53.3% of Volkswagen's ordinary shares, giving it a majority of the voting rights.  "There have been no discussions with investors regarding a sale of VW shares," the spokesman said.  Porsche is committed to its role as a long-term oriented anc...
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Best’s Commentary: (Re)Insurance Markets in West Africa Navigate Uncertainty Amid Political Shifts
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Best’s Commentary: (Re)Insurance Markets in West Africa Navigate Uncertainty Amid Political Shifts

The withdrawal of Niger, Mali and Burkina Faso from the Economic Community of West African States (ECOWAS) is the latest sign of political turmoil in the region, but the direct impact on (re)insurance markets will be limited in the short term, according to a new commentary from AM Best. In a new Best’s Commentary, “(Re)Insurance Markets in West Africa: Navigating Uncertainty Amid Political Shifts,” AM Best notes that while the insurance markets in Niger, Mali and Burkina Faso remain relatively small, large commercial risks require reinsurance, which is predominantly provided through mandated cessions to national and regional carriers (and retroceded to international markets) and traditional reinsurance buying. These are expected to continue to play a critical role in risk-sharing, ...
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