🚨 Can India sustain its momentum?

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🚨LIVE NOW: Can India sustain its momentum?

Register and watch for free our special online event where Menaka Doshi — author of our weekly India Edition newsletter — talks to Goldman Sachs' Hiren Dasani, Nomura's Sonal Varma and Carnegie India's Suyash Rai on how the vote will affect the investment case for India https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=A548600E-E124-45D2-A257-B540C8C43A79
Inflation hits: The price of rice — the main ingredient in Nigeria’s favorite jollof dish — more than doubled in March, placing more pressure on household incomes. https://bloom.bg/3wkWNo7

Fake news law: Senegalese President Bassirou Diomaye Faye took office in March after nearly a year in prison for allegedly spreading misinformation. A fake news law from 1965 helped him secure his seat. https://bloom.bg/4akMHkJ

ZiG hype: Zimbabwe hypes its new currency, as it tries to convince foreign investors that it won't repeat economic mistakes. https://bloom.bg/3QH9fW1

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Apple has closed in on an agreement with OpenAI to use the startup’s technology on the iPhone, part of a broader push to bring artificial intelligence features to its devices. More here: https://bloom.bg/3wI73GS

đź“·: Olivier Morin/AFP/Getty Images
Revised offer rejected: BHP says Anglo American rebuffed an improved offer it made, which it says valued the company at ÂŁ34 billion ($43 billion). https://bloom.bg/3UwiqK4

Vodacom weighs tie-ups: Africa’s largest wireless carrier says it is planning fiber partnerships with other mobile operators and financial investors, potentially alleviating the costs of rollout and rural connectivity. https://bloom.bg/3R5MVFZ

Life-saving Starlink: Nearly 100 front-line humanitarian organizations in Sudan are appealing to Elon Musk’s Starlink service to remain operational so they can offer life-saving care to millions trapped in areas grappling with an internet blackout. https://bloom.bg/3WWOcmv

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Prime Minister Narendra Modi’s regime is minting billionaires at a brisk pace, propelling a host of lesser-known entrepreneurs into the ranks of the ultra-wealthy. And the trend shows no signs of slowing as India experiences its version of the Gilded Age.

Learn more here: https://bloom.bg/3UXOVlH

đź“·: Sumit Dayal/Bloomberg
Who Narendra Modi was, is and will be.

From childhood friends to officials, dozens of people who have seen Modi up close provide an intimate look into his legacy. Several asked not to be identified, fearing reprisals from the leader and his supporters. Read The Big Take here: https://bloom.bg/3WI51kP

đź“·: Kalpit Bhachech/Dipam Bhachech/Getty Images
Follow Bloomberg India's WhatsApp channel for the latest news and analysis from India and beyond https://whatsapp.com/channel/0029VaIfIuQ7oQheLjfN2w1e
🎙 Narendra Modi is the most popular leader India’s seen in decades, but he’s also polarizing. How did he build up so much power – and what’s next?

Listen to the first episode of Bloomberg’s new Big Take Asia podcast. https://link.chtbl.com/XJpkYRMU
Bloomberg foreign policy reporters and editors Nasreen Seria, Swati Gupta and Sudhi Ranjan Sen are doing a Reddit AMA.

Got those burning questions on the ongoing India Elections? See the responses starting at 11 a.m. ET here ⤵️ https://www.reddit.com/r/worldnews/comments/1cr7oag/hi_rworldnews_were_bloomberg_foreign_policy/
Rate hike looms: Nigeria’s inflation rate climbed for a 16th consecutive month in April, driven by a threefold increase in electricity tariffs and higher transport costs. https://bloom.bg/3yt1kVW

Health bill becomes law: South African President Cyril Ramaphosa signed a controversial health-insurance bill into law, weeks before his party faces what’s set to be its toughest election since it came to power three decades ago. https://bloom.bg/4dDIGLl

Qatar African investment: Qatar Airways is set to invest in an unidentified airline based in southern Africa in the coming weeks as it looks to expand its footprint in the continent. https://bloom.bg/3QMA0bP

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Niger oil exports: Benin’s government agrees to unblock oil exports from neighboring Niger after officials from China National Petroleum intervene in a dispute between the two countries. https://bloom.bg/44JrCPP

Jumia doubles down: E-retailer Jumia plans to focus on Nigeria, Africa’s most-populous nation, as part of a bid to turn profitable. https://bloom.bg/3V3QdMi

Legal battle looms: A legal battle over South Africa’s newly enacted national health-insurance law is brewing and is likely to end up in the nation’s top court. https://bloom.bg/4bkt2TA

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Red sea attacks: A tiny East African country is host to Chinese, French and US naval bases — but it warned Washington not to use its territory to confront militants attacking global trade. https://bloom.bg/3RcIqth

No genocide here: Israel denied it’s committing genocide in Gaza after South Africa filed a request at the International Court of Justice for emergency measures to stop what it called the destruction of the Palestinian enclave. https://bloom.bg/3V2TxXL

Africa's stolen artifacts: The question is no longer if Western museums should return looted historical goods; it’s when and how to do so. https://bloom.bg/4bBJdMx

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
Singapore's new Prime Minister Lawrence Wong came from modest beginnings to reach the top. Now his biggest challenge is maintaining the city's success.

Sign up to Bloomberg's free Singapore Edition newsletter for more insights into one of Asia’s most dynamic economies: https://bloom.bg/4bn0GIi
Iranian state television reports there was “no sign of life” at the crash site of a helicopter that was transporting President Ebrahim Raisi and went down in the northwest of the country. Latest updates: https://bloom.bg/3QTZsvP
BREAKING: Iranian President Ebrahim Raisi has been killed in a helicopter crash in a mountainous area of the country, along with other officials including Foreign Minister Hossein Amirabdollahian. Follow live updates here: https://bloom.bg/3UQmlBu

đź“·: Carlos Becerra/Bloomberg
Ebrahim Raisi, the ultraconservative cleric whose tenure as Iran’s president was marked by a mass uprising and an increasingly hawkish stance toward the West, has died after a helicopter crash.

He was widely seen in Iran as a favorite to eventually succeed Supreme Leader Ayatollah Ali Khamenei. Read more on his life, and the impact of his death: https://bloom.bg/3wJHw05
The death of Iranian President Ebrahim Raisi in a helicopter crash raises the immediate question of who will succeed him in running the government.

Raisi had been expected to succeed 85-year-old Supreme Leader Ayatollah Ali Khamenei, and his death has consequences for the future of one of the most powerful positions in the Middle East. Read more here: https://bloom.bg/3K4Nagu

đź“·: Office of the President of the Islamic Republic of Iran/Getty Images
Riot risks: South Africa’s top court rules that former President Jacob Zuma can’t run as a candidate in next week’s election, raising the risk his supporters will foment unrest. https://bloom.bg/4dKyv7I

Coup leader killed:
The Democratic Republic of Congo's government says it killed the leader of an attempted coup and arrested several others, hours after gunfire erupted on Sunday in the capital of the mineral-rich central African country. https://bloom.bg/4bmSrMs

Black empowerment:
Impala Platinum announces a 9 billion rand ($500 million) deal that will result in Black investors holding a 13% interest in the South African mining company and the Bafokeng business it acquired last year. https://bloom.bg/3wFT9oW

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at
https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday.
2024/05/21 09:15:04
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