New York, U.S. | XINHUA | U.S. stocks declined in the volatile past week as a surge in bond yields unnerved investors who rushed to dump risk assets, especially high-flying shares. For the week ending Friday, the Dow lost 1.8 percent, while the S&P 500 and the Nasdaq fell 2.5 percent …
Read More »Presidents who subvert democracy
They can hit a brick wall: ask Jacob Zuma, Trump | ROGER SOUTHALL | It can be tough when you are a former president in a democracy you have attempted to subvert, especially when that democracy comes back to bite you. Former South African president Jacob Zuma is finding this …
Read More »U.S. equities notch best week since November
New York, U.S. | Xinhua | U.S. stocks advanced considerably in the week as retail trading frenzy cooled and Wall Street expected that a slew of downbeat data could boost the possibility of additional stimulus. For the week ending Friday, the Dow increased 3.9 percent, while the S&P 500 index and …
Read More »Biden’s promise to Africa
During their campaign, U.S. President Joe Biden and his running mate then, Vice President Kamala Harris set out the following agenda for the African Diaspora: The African diaspora community is one of America’s most diverse communities, inclusive of people who speak multiple languages, come from different socioeconomic backgrounds, and …
Read More »Regime change in America
America’s past tells us the farce in Pennsylvania on Jan.05 and the tragedy in the Capitol Jan.06 have something unsettling in common. ANALYSIS | RICHARD PRIMUS | One day before a political mob stormed the U.S. Capitol, a less violent breach of norms dominated the day in a different capitol …
Read More »U.S. stocks post mixed weekly results amid stimulus uncertainty
New York, U.S. | Xinhua | Wall Street’s major averages posted mixed results in the holiday-shortened week as investors weighed the fate of additional U.S. fiscal stimulus and impact of a new coronavirus variant. For the week, the Dow rose 0.1 percent, the S&P 500 lost 0.2 percent and the Nasdaq …
Read More »Stimulus package up in air as Trump’s demand rejected by House Republicans
Washington, U.S. | Xinhua | The 900-billion-U.S.-dollar relief plan is up in the air over Christmas after House Republicans rejected President Donald Trump’s demand to raise direct payments to Americans. Republicans in the U.S. House of Representatives on Thursday blocked an attempt from House Democrats to raise the bill’s 600-dollar direct …
Read More »Seven commanders face American sanctions
Will Biden be better than Trump for human rights abusers? Kampala, Uganda | THE INDEPENDENT | Seven top to middle commanders of security forces in Uganda could soon find themselves on America’s list of Specially Delegated Nationals and Blocked Persons (SDN). This list has individuals targeted under various U.S. sanctions …
Read More »I’m in talks with U.S. government over security brutality – Kyagulanyi
Kampala, Uganda | THE INDEPENDENT | Robert Ssentamu Kyagulanyi, the National Unity Platform presidential candidate says that he is in talks with the United States Government over human rights abuses by the military in Uganda. He revealed this while addressing his supporters at a campaign rally in Kitgum municipality on Saturday. …
Read More »The Democrats’ four-year reprieve
To appeal to the 70-plus million Americans who backed Trump, they must solve deep-rooted economic problems COMMENT | DANI RODIK | As Joe Biden eked out a victory in the U.S. presidential election after a few suspenseful days, observers of American democracy were left scratching their heads. Buoyed by …
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