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South Africa: Pres. Ramaphosa Reshuffles Cabinet Amid Energy Crisis
On Monday, South African Pres. Cyril Ramaphosa reshuffled his cabinet and created two new positions in an apparent bid to address the country's severe energy crisis....
Electricity
UK Energy Bills to Rise, Despite New Price Cap and Falling Energy Costs
UK households will see their energy bills increase by an average of 20% (£500) this coming year, despite energy regulator Ofgem having announced that the energy price cap — which sets the maximum that companies can charge for a single unit of energy — will be lowered for the three months fro...
Pakistan: Parliament Fails to Pass Bill to Unlock IMF Funds
On Friday, Pakistan's National Assembly — the lower house of its parliament — adjourned without passing a crucial tax bill to unlock $1.1B in financial aid from the International Monetary Fund (IMF). The session will continue on Monday evening....
Pakistan, IMF Fail to Reach Deal; Talks Continue
After ten days of face-to-face negotiations, Pakistan and the International Monetary Fund (IMF) failed to reach a deal over the release of $1.1B in financial aid, with talks set to resume virtually on Monday....