Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Sat, Jul 27, 2024 01:12 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Stephen Chan

Professor of World Politics, SOAS, University of London

Stephen Chan was awarded an OBE for "services to Africa and higher education" in the summer of 2010, alongside receiving the 2010 Eminent Scholar in Global Development award of the International Studies Association.

Professor Chan has published 27 books on international relations and more than 200 articles and reviews in the academic and specialist press, as well as over 100 journalistic feature articles. His books include Robert Mugabe: A Life of Power and Violence, Kaunda and Southern Africa: Image and Reality in Foreign Policy, and Citizen of Africa: Conversations with Morgan Tsvangirai. His most recent work is The End of Certainty: Towards a New Internationalism.

He participated in the transition to independence of Zimbabwe, the reconstruction of Uganda after the fall of Idi Amin, and also advised and trained government ministries in Zambia, Zimbabwe, Lesotho and Kenya. He established a consortium that trained the Eritrean Ministry of Foreign Affairs immediately before and after independence in 1993. He was also part of a consortium that trained the parliamentarians and ministers of post-Dergue Ethiopia from 1998-9. From 2006-7 he was a member of the Africa-China-US Trilateral Dialogue, an effort to establish a common set of principles to help govern the emerging trade wars involving the three continents.

South Africa election: ANC’s lost majority ushers in a new era of coalition politics

Jun 04, 2024 06:18 am UTC| Insights & Views Politics

From the moment this years South African general election was called, through the whole campaign, the main question everyone here was asking was whether the African National Congress (ANC) could extend its 30-year...

Why the upcoming South African election a massive milestone for the ruling ANC

May 24, 2024 03:43 am UTC| Insights & Views Politics

South Africans governing party, the African National Congress (ANC), is in trouble. After 30 years in charge, it is scrambling for support ahead of the upcoming national elections. The ANC has run the country since the...

Russia rekindles old friendship with South Africa, its ally against apartheid

Jan 25, 2023 04:42 am UTC| Politics

The recent announcement that the South African, Russian and Chinese navies will conduct joint exercises off the east coast of South Africa between February 17 and 27, has alarmed the United States. Washington has condemned...

Zambia: debt, unpaid salaries and a poor harvest have sown seeds of crisis

May 02, 2019 17:46 pm UTC| Insights & Views

In the volatile landscape of southern Africa, Zambia is often overlooked. It played a huge role in the liberation struggles of its neighbours. The ANC, banned in South Africa by the apartheid government, established its...

New hope in Nigeria, but Zimbabwe struggles with the same old problems

Dec 04, 2018 16:39 pm UTC| Insights & Views Politics

There has been a sense of transition in both Nigeria and Zimbabwe recently. In Nigeria, Obiageli Oby Ezekwesili launched her presidential election campaign. She is not expected to win in the 2019 election. At best, she...

Zimbabwe: troubled nation now faces tough foreign policy choices

Oct 04, 2018 14:34 pm UTC| Insights & Views Law

The toxic presidency of Mugabe may be over, but the new Zimbabwean government of Emerson Mnangagwa must quickly make some hard foreign policy decisions if it is to change the countrys fortunes. For so far no major foreign...

Economy

Bongbong Marcos' POGO Ban Faces Skepticism: Will It Truly Curb Illegal Operations?

President Ferdinand Marcos Jr. announced a blanket ban on Philippine offshore gaming operators (POGOs) in his recent State of the Nation Address. Despite its popularity, experts worry the ban may push operations further...

U.S. Economy Grows Faster Than Expected in Q2, Inflation Pressures Easing

The U.S. economy expanded faster than anticipated in the second quarter, with a 2.8% annualized growth rate driven by robust consumer spending and business investment. Inflation pressures eased, supporting expectations for...

China Central Bank Surprises Markets with Second Unscheduled Rate Cut This Week

Chinas central bank surprised markets again this week with an unscheduled rate cut, issuing 200 billion yuan in one-year loans at significantly lower rates to stimulate the economy and address sharp stock market...

Japan to Resume $1.1 Billion Projects in Sri Lanka Amid Debt Restructuring

Japan will resume funding for stalled projects in Sri Lanka, generating $1.1 billion in revenue over the next five years, following a $10 billion debt restructuring deal. Japan to Restart 11 Stalled Projects in Sri...

Turkey Terminates Saudi Deposit, Reflects Growing Economic Confidence

On July 24, Turkeys central bank announced it terminated a $5 billion deposit transaction with Saudi Arabia, signaling increased confidence in rebuilding foreign exchange reserves independently. The move reflects Turkeys...

Politics

Donald Trump's Big Regret? Ex-POTUS Eyes Nikki Haley to Replace 'Dud' VP J.D. Vance Amid Campaign Turmoil

As Joe Biden steps down from the 2024 presidential race, making Kamala Harris the presumptive Democratic nominee, Donald Trump faces speculation about a significant shake-up within his own campaign. Reports suggest Trump...

Donald Trump Mocks Kamala Harris with Shocking Nickname: 'I Couldn't Care Less If I Mispronounce It'

Donald Trump intensified his attacks on Vice President Kamala Harris, labeling her a bum and ridiculing the significance of pronouncing her name correctly during a speech in Florida. Speaking at a Turning Point event in...

FBI Confirms Bullet Struck Donald Trump During Assassination Attempt, Ending Speculation

The FBI confirmed late Friday that former President Donald Trump was indeed struck by a bullet during the assassination attempt on July 13, resolving earlier uncertainties about the incident. This update followed Trumps...

DNC Revamps Nominating Process as Kamala Harris Rises to Prominence

The Democratic National Committee (DNC) is set to conduct a virtual roll call vote to select the partys 2024 presidential nominee ahead of the convention in Chicago. This procedural change reflects the rapid momentum...

Donald Trump Refuses to Debate Kamala Harris, Suggests Democrats Might Change Nominee

Former President Donald Trump has announced that he will not commit to any debates with Vice President Kamala Harris at this time, suggesting that the Democratic Party might still change its nominee for the upcoming...

Science

SpaceX Reports 50,000 Collision-Avoidance Maneuvers by Starlink Satellites in Six Months

SpaceXs recent report indicates Starlink satellites executed 50,000 collision-avoidance maneuvers from December 2023 to May 2024, reflecting increasing traffic in orbit and raising concerns about potential...

SpaceX Unveils Design for ISS Deorbit Vehicle Using Dragon Heritage Hardware

NASAs decision to entrust SpaceX with constructing the ISS deorbit vehicle marks a significant milestone in space technology. SpaceX recently revealed a rendering of the car based on its Dragon spacecraft, which features...

SpaceX Completes Heat Shield Upgrade for Starship Ahead of Critical Flight 5 Test

SpaceX has completed a significant heat shield upgrade for Starship ahead of its fifth test flight. The upgrade aims to improve reentry safety following the issues from the fourth flight. A critical static fire test is...

SpaceX's New EVA Spacesuits Pass Testing for Historic Commercial Spacewalk

SpaceX has finalized acceptance testing of its new EVA spacesuits, marking a significant milestone for the Polaris Program. The suits will facilitate the first commercial spacewalk, led by entrepreneur Jared Isaacman,...

NASA and SpaceX Reveal $843M Plan to Deorbit ISS Safely in 2031

NASA and SpaceX have unveiled plans to deorbit the International Space Station by 2031. The $843 million contract awarded to SpaceX includes designing and constructing a deorbit vehicle to guide the ISS to its final...

Technology

VanEck Hints at Solana ETF Amid Buzz at Bitcoin Conference as SOL Overtakes BNB

VanEck is hinting at a Solana ETF again, sparking interest at the Bitcoin Conference as SOL surpasses BNB in market cap. Investor Interest Peaks with VanEcks Solana ETF Hint The spot Ethereum ETFs have been trading...

Shiba Inu Expands Horizons with Integration into The Sandbox Metaverse

Shiba Inus integration with The Sandbox marks a significant step in expanding SHIBs reach within the gaming community, aligning with the #RiseOfTheMemecoin campaign. Gaming as a Growth Opportunity The Sandbox has now...

Bitcoin to Hit $13M! Michael Saylor's Bold Forecast at Bitcoin 2024 Stuns Audience

MicroStrategy co-founder Michael Saylor stunned the Bitcoin 2024 audience with a prediction that Bitcoins price will hit $13 million per coin by 2045. Bold BTC Predictions for 2045 Michael Saylor, a vocal co-founder...

Bitcoin Climbs to $67K: 75% of Short-Term Holders in Profit

Bitcoin has surged to $67,000, placing over 75% of short-term holders in profit and suggesting further bullish momentum. With three-quarters of short-term Bitcoin holders now turning a profit, the cryptocurrency could...

Sam Altman's Worldcoin (WLD) Soars 10% Amid Latest Strategic Update

Worldcoin (WLD) surged 10% in value, hitting $2.31, following a crucial update from its developers. Major Price Surge Details A tremendous increase in the value of Worldcoin (WLD) has recently occurred. In the past...