October 2, 2022

Market and Financial News

Market and Financial News Aggregator

Live news updates: Australia’s BHP spurned over $5.8bn offer for rival OZ Minerals

2 min read

This week offers one of Africa’s most significant votes this year as Kenyans go to the polls on Tuesday to decide a new president.

The contest is between the current deputy president William Ruto, 55, and Raila Odinga, a 77-year-old veteran of such campaigns now on his fifth attempt at the top job. Relations with China, which has invested heavily in the country over recent decades, raising concerns among Kenyans, have become a key battleground for the campaign.

The usual rule of advantage to the incumbent has been flipped after Ruto fell out with the current president Uhuru Kenyatta, who has in turn thrown his weight behind Odinga. As a result, the contest is now wide open, according to the FT’s Africa editor David Pilling. Further FT comment on Kenya’s poll, which will also include elections for parliament and 47 local assemblies, will be posted as results come in.

Attention will also turn this week (once again) to a previous significant poll: the 2020 US presidential election. Rudy Giuliani, the former New York mayor turned personal attorney to former president Donald Trump, has been ordered by a New York judge to testify on Tuesday in front of a grand jury investigating attempts by Trump supporters to overturn Georgia’s 2020 election results.

It is an indication of the threat the Georgia grand jury probe poses to Trump and those around him, greater some believe than the congressional January 6 committee investigation into the 2021 Capitol attack.

In other news, the UK’s Summer of Discontent over post-lockdown pay awards grinds on this week with up to 120 Red Funnel staff on the Isle of Wight ferry kicking things off with a walkout on Tuesday. More than 1,000 staff at Armagh City, Banbridge and Craigavon Borough Council, one of Northern Ireland’s largest local authorities, will hold a strike on Wednesday, affecting refuse collection, planning and leisure services.

On Friday it will be the turn of Glasgow Subway workers, a particular inconvenience for…

2022-08-07 20:45:25

All news and articles are copyrighted to the respective authors and/or News Broadcasters. VIXC.Com is an independent Online News Aggregator

Read more from original source here…

Leave a Reply

Copyright © All rights reserved. | Newsphere by AF themes.