Venezuela announced Tuesday that it was launching a massive military exercise across the country, reportedly involving some 200,000 forces, in response to the increasing presence of U.S. military assets in the region. The announcement by Venezuela’s military came as the U.S. Department of Defense confirmed the nuclear-powered aircraft carrier USS Gerald Ford had entered the…
The Trump administration is expected to announce, as early as this week, a deal with drugmakers Eli Lilly and Novo Nordisk to lower the price of their weight loss drugs in exchange for limited Medicare coverage, according to two people familiar with the plan. The deal would reduce the cost of the lowest doses of…
With the African Growth and Opportunity Act (AGOA) that has anchored U.S-Africa relations since 2000 set to expire on September 30, prospects for extension or renewal grow increasingly slim. Among foundational principles that have anchored AGOA, the key one is the duty-free entry of specific African products into the American market. “AGOA has helped bolster economic growth,…
TLDR African mobility fintech startup Moove is close to finalizing a $1.2 billion debt financing round to support its rollout of autonomous vehicles in the United States The round is reportedly oversubscribed, with strong interest from private credit funds and banks. Final terms are expected to be concluded in the coming weeks Moove initially offered…
The Lagos State Commissioner for Health, Prof. Akin Abayomi, says the state is on the verge of making history, positioning itself to become the first West African geopolitical zone to eliminate malaria. This, Abayomi says, will not be through a vaccine or genetically modified mosquitoes but by employing “simple common sense” medical practices and a…
Hurricane Erick — the fifth-named storm of the Eastern Pacific hurricane season — is approaching the coast of southern Mexico as “an extremely dangerous” Category 4 storm, the National Hurricane Center said around 4 a.m. ET on Thursday. Erick strengthened into a major storm hours earlier, and the hurricane center said its “extremely destructive winds”…
With one day remaining before the conclusion of the Third UN Ocean Conference, delegates in Nice are preparing for the adoption of the summit’s eagerly anticipated political declaration. Small island developing States, facing the direct effects of climate change and marine resource decline, are pushing to ensure their perspectives are reflected in global ocean policy….
