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Jean Boustani, the architect of a $2 billion financial scandal in Mozambique, reportedly told a U.S. court on Nov. 20 that President Filipe Nyusi received $1 million during his 2014 campaign effort, Voice of America has reported.
The incoming Argentine government is working on an economic plan and debt repayment scheme to meet its credit obligations but avoid additional austerity measures, President-elect Alberto Fernandez told the International Monetary Fund's managing director, Kristalina Georgieva, during a phone conversation on Nov. 19, Infobae reported.
The U.S. Court of International Trade issued a preliminary opinion on Nov. 15 declaring that President Donald Trump cannot raise steel tariffs on Turkey outside of a six-month period permitted by Section 232 of the Trade Expansion Act of 1962.
Ecuadorian President Lenin Moreno has pledged to present a new bill to Congress to secure an additional $700 million in government revenue mostly through corporate tax hikes to comply with the International Monetary Fund's loan obligations, Bloomberg reported Nov. 18.
Argentine President-elect Alberto Fernandez has vowed to reevaluate the government budget of his predecessor, Mauricio Macri, and said that Buenos Aires wouldn't implement austerity measures to meet debt obligations, Bloomberg reported Nov. 16.
A wave of persistent and sophisticated attacks against Nigeria's Nembe Creek Trunkline pipeline has severely affected the operating firm's ability to transport and export oil, according to a company spokesman, Sweet Crude Exports reported Nov. 17.
North Korea has assembled dozens of military aircraft including fighters, helicopters and transport aircraft at Wonsan-Kalma International Airport on the country's east coast in what appears to be preparations for an air force demonstration, satellite photos taken Nov. 11 and Nov. 13 by 38 North reveal, The Japan Times reported Nov. 15.