Naspers shares tumble on iFood investment warning

Naspers shares tumble on iFood investment warning

Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at iFood, its Brazilian food delivery crown jewel, to fight off an aggressive competitive offensive in its single most important operating market. In a letter…

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Africa: Meeks, Jacobs Lead Warning to Rubio Not to End Lifesaving Assistance to 7 African Countries

Africa: Meeks, Jacobs Lead Warning to Rubio Not to End Lifesaving Assistance to 7 African Countries

Washington, DC — Representatives Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, and Sara Jacobs, Ranking Member of the Africa Subcommittee, joined by other Africa Subcommittee Democrats, today sent a letter to Secretary Rubio in response to public reporting that the State Department plans to end lifesaving assistance to seven African nations…

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Iran protests rage for another night and deaths mount as Trump renews warning of possible U.S. intervention

Iran protests rage for another night and deaths mount as Trump renews warning of possible U.S. intervention

Protests in Iran raged Friday night in the Islamic Republic, online videos purported to show, despite a threats from the country’s theocracy to crack down on demonstrators after shutting down the internet and cutting telephone lines off to the world. The protesters appeared to be taking encouragement from repeated declarations of support by the Trump…

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Venezuela calls Trump airspace closure warning ‘colonialist threat’

Venezuela calls Trump airspace closure warning ‘colonialist threat’

Venezuela has accused US President Donald Trump of making a “colonialist threat” after he said the airspace around the country should be considered closed. The country’s foreign ministry called Trump’s comments “another extravagant, illegal and unjustified aggression against the Venezuelan people”. The US does not legally have the authority to close another country’s airspace, but…

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