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Economy

South Africa’s president under growing pressure to leave

FILE – In this Dec. 18, 2017 file photo, newly-elected African National Congress (ANC) President and South Africa Deputy President, Cyril Ramaphosa attends the ANC’s elective conference in Johannesburg. JOHANNESBURG (AP) — South Africa’s deputy president is acting more like a president these days, while talk surrounding his scandal-tainted boss …

Zimbabwe’s incoming leader returns home to cheers

Zimbabwe’s President in waiting Emmerson Mnangagwa, greets supporters gathered outside the Zanu-PF party headquarters in Harare, Zimbabwe Wednesday, Nov. 22, 2017. (AP Photo/Ben Curtis) HARARE, Zimbabwe (AP) — Poised to become Zimbabwe’s next president, a former confidant of ousted leader Robert Mugabe on Wednesday promised “a new, unfolding democracy” and …

The Millennials Are Moving Left | New Republic

Labour’s success in the British election is part of a growing trend across Western Europe and America. What’s motivating it? British Prime Minister Theresa May’s bid to consolidate power has backfired. Her Conservative Party lost its governing majority in Thursday’s snap-election, forcing it to form a minority government with the …

The Trump Budget Is Based on Discredited Delusions

If Trump cared about increasing productivity and growth — rather than redistributing wealth upward — he would increase social spending, not cut it. The Trump administration has unveiled its vision for the federal budget — and that vision involves slashing more than $1 trillion from programs that aid low-income Americans …

Thai political parties say junta has achieved little in three years

ON THE EVE of three years in government, the country’s military junta has been criticised by Thailand’s two major political parties for its failure to achieve any important reform. Having seized power on May 22, 2014, the military appointed a so-called National Council for Peace and Order (NCPO) promising to restore order …

Venezuela’s ex-spy chief promotes possible presidential bid

CARACAS, Venezuela (AP) — A former spy chief under the late leader Hugo Chavez is emerging as a political player in turbulent Venezuela, mistrusted by the opposition and despised by the government as he travels the country in a possible bid for the presidency. Miguel Rodriguez Torres is a longshot …

US warns on sanctions over Venezuela’s move on constitution

CARACAS, Venezuela (AP) — The Trump administration is warning that it might impose more sanctions on Venezuelan officials over President Nicolas Maduro’s push to rewrite the constitution amid an escalating political crisis with near-daily demonstrations calling for his ouster. A U.S. State Department official expressed “deep concerns” Tuesday about the …

Venezuela’s Maduro hikes minimum wage amid rising protests

CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro hiked wages and handed out hundreds of free homes Sunday amid his efforts to counter a strengthening protest movement seeking his removal. On his regular television show, “Sundays with Maduro,” the president ordered a 60 percent increase in the country’s minimum wage …