The new Brazilian Minister of Planning Romero Jucá announced this Monday, May 23 that he will be temporarily stepping down from his position after a recording emerged of him suggesting the removal of President Dilma Rousseff would serve to halt investigations into corruption at Petrobras, Brazil’s largest petroleum company. Read more.
The menace of the Chinese debt trap, which has been rubbished by some African leaders, is threatening the whole sovereignty of Zambia. As Zambia continues to default on repaying Chinese loans, the Chinese are gradually taking over Zambian companies and a whole lot other economic interests. Read more.