Bloomberg

2024-03-11 06:06:41 Oppenheimer, the biographical film about the inventor of the atomic bomb, picked up a total of seven Academy Awards, including best picture and a first-ever Oscar for director Christopher Nolan.

Cillian Murphy won the best actor award for his portrayal of physicist J. Robert Oppenheimer. Robert Downey Jr. picked up the best supporting actor award for playing his nemesis Lewis Strauss.

The three-hour film from Comcast’s Universal Pictures led the nominations with 13. It also won for film editing, cinematography and score. See who else won here: https://bloom.bg/4a7nVoQ

: Rich Polk/Variety via Getty Images Open / Comment

2024-03-08 17:18:22 Record drought: A swathe of southern Africa about the size of France suffered the driest February in decades, killing crops and precipitating a power shortage that threatens to hit copper mines in a key producing region. https://bloom.bg/49zzVPX

Somaliland recognition: Ethiopia is considering scrapping a plan to recognize the breakaway state of Somaliland, amid international pressure to defuse regional tensions over the proposal, sources say. https://bloom.bg/3PeJJql

Child abductions: Armed men abducted hundreds of children from an elementary school in northern Nigeria, triggering a new security challenge in the West African nation that's dealing with a cost-of-living crisis. https://bloom.bg/4c8sgde

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz Open / Comment

2024-03-08 05:11:03 LATEST: Hong Kong is fast-tracking the approval of Article 23, and proposes life imprisonment for treason and insurrection https://bloom.bg/4c5Anaa Open / Comment

2024-03-07 16:43:24 Power vacuum: Senegal is rushing to hold elections this month to elect a new president before Macky Sall's term ends, although different dates have been set by the nation’s top court and the government. https://bloom.bg/49HnEc6

Prescribed assets: The ANC plans to revive an apartheid-era rule that compels pension funds to invest in government-approved programs, assuming it retains power in the upcoming elections. https://bloom.bg/49Es5Vh

Gulf power play: Egypt has secured more than $40 billion in investments and loans from the UAE and IMF. And a Saudi deal may be next. https://bloom.bg/4a1O9ZB

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz Open / Comment

2024-03-07 06:29:08 As lawmakers and advisers meet in Beijing this week for the nation’s biggest political gathering of the year, the Chinese Communist Party’s official People’s Daily newspaper released a list of the event’s buzzwords.

Tracking slogans and phrases from government and party documents has become an important way to gain insight into Chinese policymaking, especially as the country has increasingly restricted access to information.

From "AI plus" to "new three," here are the key terms that can help better understand China’s priorities for the upcoming year: https://bloom.bg/3V0IBdM

: Qilai Shen/Bloomberg Open / Comment

2024-03-06 16:13:26 Rates hike: Uganda’s central bank delivered an emergency interest-rate increase to curb inflation and support the battered shilling. https://bloom.bg/3InZUhi

Currency devaluation: Egypt hiked interest rates and allowed its currency to weaken more than 35% in a long-awaited devaluation that may pave the way for billions of dollars more in loans from the International Monetary Fund. https://bloom.bg/3TlFonQ

Deal sweetener: Ghana is resisting calls by holders of the country’s Eurobonds to offer a sweetener for restructuring $13 billion of debt, risking a self-imposed deadline for a deal. https://bloom.bg/4c4xExW

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz Open / Comment

2024-03-05 18:30:53 Bitcoin surged to an all-time high of more than $69,000, surpassing the record it set at the peak of the last crypto bull market more than two years ago.⁣
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In an ironic twist, Bitcoin owes much of its resurgence to a regulator long-viewed as hostile to crypto: the US SEC. The SEC approved spot-Bitcoin exchange-traded funds in early January after suffering a legal defeat last year in its attempt to reject them.⁣
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The move has widened the mass-market accessibility of Bitcoin, helping the crypto sector to turn the page following a bear market in 2022 and a string of subsequent bankruptcies, including the implosion of Sam Bankman-Fried’s FTX exchange. Read more here:⁣ https://trib.al/YXFgJ2Q

Subscribe to the Bloomberg Crypto Telegram channel: https://t.me/bloombergcrypto
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: Getty Images Open / Comment

2024-03-05 15:10:28 Recession avoided: South Africa’s economy escaped a technical recession in the fourth quarter as fewer power cuts helped energy-intensive industries rebound. https://bloom.bg/49YVCbX

Anti-LGBTQ law: Ghanaian President Nana Akufo-Addo delays his consideration of an anti-LGBTQ bill after it was challenged in court, postponing a potential showdown with international lenders whose funding is key to the country’s economic recovery. https://bloom.bg/3SVqWkQ

Acquisition talks: Vivendi’s Canal+ increased its bid for South Africa’s MultiChoice by almost a fifth and entered exclusive talks on acquiring control of the African broadcaster. https://bloom.bg/49Y5l2h

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz Open / Comment

2024-03-05 03:51:58 BREAKING: China is targeting growth of around 5% in 2024. Follow our free-to-read live blog for the latest news and analysis as China unveils its GDP target and policy priorities at the National People's Congress https://bloom.bg/3TlzR0n Open / Comment

2024-03-04 17:10:08 Ethiopia dilemma: The US expressed alarm about continuing human rights abuses in Ethiopia that may affect its ability to secure funding from multilateral lenders ahead of crucial International Monetary Fund bailout discussions. https://bloom.bg/49SaR6q

Bonds surge: Ivory Coast’s Eurobonds rallied after the nation’s credit rating was lifted by Moody’s Investors Service, which cited the resilience of the economy and rising private sector investments. https://bloom.bg/48FXp4w

Gas find: Australia’s Invictus Energy has discovered condensate and helium in a project in northern Zimbabwe that was abandoned by Exxon Mobil in the 1990s. https://bloom.bg/43493oB

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz Open / Comment