Category: International Business & Finance
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Stripe’s $1.1 Billion Bet on Stablecoin Infrastructure with Bridge Acquisition
Stripe, once wary of crypto, has acquired Bridge, a startup focused on stablecoin payments, for $1.1 billion. Bridge processed $5 billion annually, but Stripe’s interest lies in the team’s expertise and the product’s readiness to scale stablecoin-based financial services. With stablecoins processing $7 trillion in 2022, Stripe sees them as a modern alternative to legacy…
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America’s Embrace of Marijuana
High support Twelve years ago, mainstream politicians opposed marijuana legalization. Recreational use was forbidden even in the most liberal states. Today, even conservative states are considering the policy — including North Dakota, South Dakota and Florida, through ballot initiatives this November. And both presidential contenders now favor legalization. Kamala Harris confirmed her support this month.…
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Moussa Condé: The Strategist Behind Doumbouya’s Regime and Alpha Condé’s Shadow in Guinea
Dans un décret lu à la télévision nationale, le Général Mamadi Doumbouya a nommé Moussa Condé, comme nouveau directeur de la Communication et de l’Information (DCI) de la présidence de la République. Guinea’s political scene remains turbulent following the 2021 coup that ousted Alpha Condé, with current leader Mamady Doumbouya now relying on new figures…
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🇬🇭 Ghana’s parliament suspended indefinitely
Ghana’s Speaker of Parliament has adjourned proceedings in the House indefinitely citing the lack of a quorum as the reason for the suspension. Although he did not disclose the full contents of the Supreme Court’s communication, Alban Bagbin chose to suspend the sitting due to insufficient attendance, local reports say. His decision follows recent events…
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Zimbabwe government makes e-payment compulsory for all businesses
Under this new direction, all businesses must accept Point-of-Sale (POS) machine transactions. The move is aimed at prohibiting businesses from engaging in unfair trade practices. It also seeks to protect consumers from robbery incidents and promote safer and more convenient payment methods, providing consumers with payment options to choose from. In line with this, the…
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C-Store Giant Closing 444 North American Locales
7-Eleven is shuttering underperforming 444 convenience stores in North America, reports C-Store Dive. Parent company Seven & i Holdings (Tokyo) revealed those plans in its quarterly earnings presentation with analysts. The world’s largest c-store retailer also revealed that it had agreed last month to offload an undisclosed number of properties in North America via sale-leaseback for a…
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🇪🇬 Egypt’s IMF Deal May be Reviewed Due to Economic Pressure, Sisi Says
Egypt’s president suggested its International Monetary Fund program might need to be reviewed if economic pressures place an intolerable burden on the country’s more than 106 million people. The $8 billion IMF deal reached earlier this year is being implemented under “extremely difficult regional, international and global circumstances,” President Abdel-Fattah El-Sisi said Sunday in comments…
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The death toll in a gang attack on a small Haitian town rises to 115, a local official says
A recent gang attack in the Haitian town of Pont-Sondé has resulted in at least 115 deaths, marking one of the deadliest assaults by armed groups in the country’s recent history. According to reports, this violence is part of a larger pattern of escalating gang activity in Haiti, which has seen gangs grow in strength…
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QUI FUT AMILCAR CABRAL?
Je ne pouvais pas laisser passer le décés de Luis sans évoquer la stature hors pair du grand révolutionnaire africain que fut Amilcar.Voici un bref portrait de la journaliste Augusta Conchiglia, extrait de “Manière de voir” – Le Monde diplomatique, Juin 2006. Un intellectuel visionnaire Né le 12 septembre 1924, à Bafatá, dans l’est de…
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