Africa’s wealth disparity has reached unprecedented levels, with just four billionaires now holding more wealth than 750 million people combined – half the continent’s population. According to a report from Oxfam entitled Africa’s Inequality Crisis and the Rise of the Super-Rich, released on Thusday, Nigerian billionaire Aliko Dangote, South Africans Johann Rupert and Nicky Oppenheimer…
Mumbai, India – A move by India’s top election body, the Election Commission of India (ECI), to re-scrutinise nearly 80 million voters’ documents in a bid to weed out “foreign illegal immigrants” has prompted widespread fears of mass disenfranchisement and deportations in the world’s largest democracy. On June 24, the ECI announced that each of…
Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Guglielmo Mangiapane | Reuters Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Paramount agrees to pay $16 million to settle Trump’s ’60 Minutes’ lawsuit 01:17 UP NEXT Jury deliberations underway in Sean ‘Diddy’ Combs trial 02:53 Pride Month concludes with fewer corporate sponsors amid DEI pushback 01:34 Trump expected to…
The U.S. State Department announced Thursday that the Trump administration had approved $30 million in funding for the controversial, opaquely run private food distribution organization known as the Gaza Humanitarian Foundation, which has been criticized by a United Nations agency as “a death trap” for hungry Palestinians in the war-torn enclave. It is the first…
Washington — The World Bank has approved $115 million in concessional financing to support Senegal’s efforts to improve public debt sustainability, strengthen public financial management, and increase domestic resource mobilization. The financing, provided through the International Development Association (IDA), will help implement the government’s flagship reform program, the 2025-2029 Senegal Program for Transparency in Public…
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action targeting more than $225 million in cryptocurrency traced to a sprawling web of fraudulent investment platforms. Victims were tricked into believing they were investing in…
Editor’s Note: This story was updated with the final sale price and other details following the auction. CNN — In 1998, Michael Jordan laced up a pair of his iconic black and red Air Jordan 13s to bring home a Bulls victory during Game 2 of his final NBA championship — and now they are…
An actor and screenwriter has accused Tyler Perry of sexual harassment, alleging in a lawsuit that the media mogul repeatedly made unwanted advances and sought to cover up an assault with an offer to develop a show. The 46-page complaint, which was filed last week in Los Angeles County Superior Court and seeks punitive damages…
Nintendo has sold 3.5 million Switch 2s in four days, setting a company record for a new console launch. That puts Nintendo on track toward its goal to sell 15 million units by March 2026 if it can keep up on the production side. By comparison, it took the original Switch nearly a full month…
