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World

South Africa will hand G20 over to US ’empty chair’, president says

by Lucas Fernandez – World Editor November 14, 2025
written by Lucas Fernandez – World Editor

South Africa will symbolically hand over ⁢the G20 ‍presidency to the United States with an “empty chair” at the upcoming summit, President Cyril Ramaphosa said, signaling discontent over Washington’s sanctions against its allies. The gesture is a protest against secondary ​sanctions imposed by the U.S.,‌ wich Ramaphosa stated impede South ​Africa’s ability to fully participate in global ⁤financial discussions and maintain relationships with‍ partner nations.

The symbolic act underscores growing tensions‍ between South Africa and the U.S. stemming from Washington’s enforcement of sanctions targeting countries like Russia,Iran,and Cuba – nations with which South Africa ⁢maintains diplomatic and trade ties. These sanctions, Ramaphosa argues, effectively limit⁣ South Africa’s⁤ sovereign decision-making and hinder its engagement with key international players, complicating its role as G20 chair and potentially impacting the bloc’s agenda. The G20 summit‍ is scheduled to take place in Rio de ‍Janeiro, Brazil, in November.

“we are going to ‌hand over the‍ G20 presidency to the United States with an empty chair,” Ramaphosa told a⁤ joint sitting of Parliament⁢ on Thursday,‍ according to Reuters. “This is to show our displeasure with⁤ the way the United States is dealing with us.”

The U.S. State ‍Department has‍ acknowledged South Africa’s concerns but maintains its sanctions are targeted and​ based on U.S. law.⁣ The dispute centers on South Africa’s alleged provision of weapons to Russia, a claim South Africa denies. The U.S.has ⁣also raised concerns about South Africa’s close​ ties with Iran and Cuba.

The G20, comprised of the world’s 20 major economies, represents approximately 80% of global GDP, 75% of international trade, and two-thirds of the‌ world’s population. South Africa​ assumed the presidency in December 2023,prioritizing inclusive growth,sustainable growth,and multilateralism. The “empty chair” protest raises questions about the future of U.S.-South Africa relations and the potential for further disruptions to international⁤ cooperation within the G20 framework.

November 14, 2025 0 comments
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Business

Communities donate meals and funds as US food aid remains in limbo

by Priya Shah – Business Editor November 11, 2025
written by Priya Shah – Business Editor

Communities Step up as US ​food Aid Programs Face Delays

WASHINGTON, DC – As​ crucial US food⁣ aid programs remain stalled due to funding gaps and logistical‍ hurdles, communities across teh country are mobilizing to fill the void, donating meals and funds to‌ support vulnerable populations facing hunger.From grassroots organizations to local businesses, a surge in charitable giving is attempting to mitigate ⁣the impact of delays affecting millions⁤ who rely on federal assistance.

The disruption stems from the expiration of pandemic-era food assistance ‌programs and ongoing debates in Congress over⁢ funding levels for key ⁣initiatives like the Supplemental Nutrition Assistance Programme (SNAP) and emergency food assistance. This leaves food banks and charities scrambling to meet increased demand, while individuals and families struggle with rising food costs and economic uncertainty.The situation highlights the fragility of the food safety net ‍and the critical role community support plays in addressing food insecurity.

“We’re seeing a significant increase in the number of families who have never needed assistance before,” ⁢said Claire Babineaux-Fontenot, CEO of ⁤Feeding America, a nationwide network⁢ of food banks.”The combination of expiring benefits and inflation is creating a ‌perfect storm.”

In several states, local initiatives‍ are gaining momentum.In‍ ohio,​ the Mid-Ohio Food Collective reported a 23% increase in demand in February alone, prompting a rapid response from community ⁤donors. Similarly, ‍in Arizona, food banks⁢ are experiencing shortages as they serve a growing‍ number of⁤ households.

Beyond food⁤ donations,financial contributions ‌are also rising. A gofundme campaign launched by a community group in Texas to support a local⁣ food⁣ pantry raised over $10,000 in just one week. Businesses are also stepping up,⁢ with restaurants donating surplus food and grocery stores offering discounts to food banks.

The ‌delays in federal ⁣aid are notably concerning for children, seniors,⁣ and individuals with disabilities who rely on programs like SNAP and school lunch programs. Advocates warn that‍ prolonged ⁣disruptions could have long-term consequences for health and ‌well-being.

“Food insecurity is not just about hunger; its about health, education, and economic prospect,” said Lisa Davis, senior vice president of Share Our Strength, a national organization working to end hunger. “When people don’t have enough to eat, it impacts every aspect of their lives.”

While community efforts are ⁤providing a vital lifeline, they are not a lasting solution. Advocates are urging Congress to act swiftly to restore funding for food assistance programs and ​ensure that vulnerable populations have access to the resources they need. The future of federal food ⁢aid remains uncertain, but the outpouring of support from communities across the country demonstrates a commitment to ensuring that no ⁤one ⁤goes hungry.

November 11, 2025 0 comments
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News

Title: Gaza Reconstruction Cost Estimated at $70 Billion

by David Harrison – Chief Editor November 10, 2025
written by David Harrison – Chief Editor

the World Bank has expressed its support⁣ for a draft United Nations resolution calling ⁤for a ceasefire in Gaza, ⁣according to⁣ a letter sent to⁣ the United States government.⁢ The move⁣ places⁣ a key international‌ financial institution publicly on the side of a diplomatic effort⁤ to end the ongoing conflict, wich has killed over 34,000 Palestinians, according to Gaza’s health ministry, adn displaced the vast majority ⁤of the⁤ territory’s​ population.

The World Bank’s backing, revealed in a letter from ‌President Ajay Banga to U.S.Treasury Secretary Janet Yellen,underscores growing international pressure on Israel and its primary ally,the united States,to halt the fighting. The draft UN resolution, currently facing potential vetoes,‌ demands an immediate ceasefire and the unconditional release of hostages held by Hamas. The World ⁢Bank’s position could influence other multilateral‌ lenders and donor nations as they consider future aid ‌and reconstruction efforts for Gaza, which faces widespread devastation and a looming humanitarian crisis.Banga’s letter,dated May 17,2024,states the World Bank believes the ⁢resolution aligns with its mission to reduce poverty and ⁢promote shared prosperity,citing the “catastrophic” ‍impact of the conflict on Gaza’s population and economy. The⁣ letter further emphasizes the urgent need for a ceasefire to allow for the delivery of humanitarian aid and the eventual rebuilding of essential infrastructure. The World Bank has committed $700 million in aid to Gaza but says further ‍assistance is contingent⁣ on a lasting resolution to the conflict.

November 10, 2025 0 comments
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News

Federal shutdown threatens these Trump voters’ livelihoods but not their political loyalties

by David Harrison – Chief Editor November 9, 2025
written by David Harrison – Chief Editor

A looming federal government shutdown threatens the livelihoods of many voters in ​Ohio and Pennsylvania who supported Donald Trump,‌ yet interviews with over a dozen of them reveal their political allegiance remains ‍unshaken, even as⁣ potential disruptions to ⁣essential services loom. The potential shutdown, triggered by a ⁢stalemate in⁢ Congress over federal spending, coudl⁣ impact services ranging from veterans’ benefits to agricultural assistance – hitting hard in districts where trump’s support remains strong.

These voters, largely concentrated ⁣in⁤ rural areas⁢ reliant on federal programs, express frustration with Washington gridlock but largely blame ⁤Democrats for⁤ the impasse, reinforcing a loyalty to Trump built on promises of economic strength‌ and a rejection of the political establishment. The shutdown’s impact extends ​beyond individual hardship, potentially jeopardizing economic stability in regions still recovering from pandemic-era challenges⁤ and facing ongoing inflationary pressures.

Among those potentially affected are farmers like Dale Hemmings, a Republican from rural Ohio who​ received farm payments ⁤last year. “It’s frustrating,⁣ but I still ⁣support Trump,” Hemmings ⁣said.⁢ “He’s the only ⁢one who understands what real people are going through.” Similar sentiments were echoed by veterans awaiting benefit ‍processing and small business​ owners reliant ⁣on Small Business Administration loans.

The shutdown stems from a dispute over spending levels, with House ​Republicans pushing for deeper cuts than ‌Democrats and the Biden administration are willing⁤ to accept. At stake⁢ are funding for numerous federal ​agencies, including the Department ‍of Agriculture, the ⁢Department of Veterans Affairs, and ‌the Small Business ‌Administration. A shutdown would halt ​non-essential government ‌functions, potentially delaying payments, suspending services, and furloughing federal employees.While acknowledging the potential hardship,many Trump voters interviewed ​prioritize⁢ broader political goals,such as​ border security and reducing the national debt,over‍ immediate economic ​concerns. “A little pain now is worth it to⁣ get things under control,” said Mary ‌Miller, a retired teacher from ⁤Pennsylvania.”We need to stop spending money we don’t have.”

experts suggest this unwavering loyalty, despite potential personal cost, highlights a deepening political polarization and the enduring power of identity politics. “These voters⁣ have built their political identity around supporting‍ Trump, and that identity is more critically⁣ important to them than short-term‌ economic benefits,” ⁢explained Dr. Emily Carter, a political ‍science professor at Ohio State University. “They are willing to weather the ⁢storm because ‌they believe he is ⁤fighting ⁢for them.”

November 9, 2025 0 comments
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Business

US Justice Department probes meatpackers, attorney general says

by Priya Shah – Business Editor November 8, 2025
written by Priya Shah – Business Editor

WASHINGTON, Oct 26 – The U.S. Justice Department is investigating ⁣potential antitrust violations by⁤ the nationS largest meatpacking companies, Attorney General Merrick Garland announced Thursday. The probe centers on concerns that the industry’s consolidation has led to higher prices for consumers​ and reduced options​ for⁣ ranchers and farmers.

The investigation, conducted by the Justice Department’s Antitrust Division, will⁤ examine the practices of companies ‌including Tyson Foods, JBS, and Cargill⁤ -⁣ which together control an estimated 80% of the beef market, and a notable share of the pork and poultry ​markets. The‌ proclamation comes amid growing scrutiny of corporate concentration​ in the food ⁤industry and persistent complaints from ⁤agricultural groups about unfair market practices. The ⁢Justice Department ‌will ⁤focus on whether these companies have engaged in anti-competitive behavior that harms competition and drives up food costs for American families.

Garland stated the investigation will assess whether the meatpackers have violated antitrust laws through actions ‌that ‌stifle competition, ​such as exclusionary contracts, unfair pricing, and barriers⁣ to​ entry for smaller competitors.⁤ The announcement follows years of advocacy from ranchers and farmers who argue ⁤that the dominance of a few large ⁢companies has squeezed their profits and limited their ability to negotiate fair prices for their livestock. ⁤

The ​meatpacking industry has seen​ significant ‍consolidation over the past several decades. In 1980,⁤ the top five beef‍ packers controlled about 35% of the market; today, that​ figure ‌exceeds 80%. this consolidation has raised concerns about the ⁢industry’s ability to respond to disruptions, as evidenced by the supply chain issues experienced during the COVID-19 pandemic.

Reuters previously reported on‌ disruptions to global fertilizer and grain supplies stemming from Russia’s invasion of Ukraine,issues ⁣that ⁣further exacerbated pressures on the agricultural sector.The Justice Department’s investigation is part of a broader Biden ⁢administration effort to address anti-competitive ⁤practices across various industries,including ⁤technology,healthcare,and transportation.

November 8, 2025 0 comments
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World

Sao Paulo hosts business leaders as COP30 prepares to launch in Belem

by Lucas Fernandez – World Editor November 6, 2025
written by Lucas Fernandez – World Editor

São Paulo ​Gathers Buisness Leaders ahead of COP30 Launch in Belém

SÃO PAULO, Oct 26 – Business leaders are convening in São Paulo this​ week as ​preparations accelerate for the upcoming COP30 climate summit, scheduled to launch in Belém next November. ⁢The⁣ meetings focus on ​mobilizing⁣ private sector investment adn ‍collaboration to address environmental challenges and capitalize on opportunities within the Amazon region and beyond.

The gathering underscores a growing recognition ‌of the crucial role ⁣businesses must play in achieving global climate goals. COP30, set to be hosted in the Amazonian ⁤city of Belém, aims to spotlight the importance of tropical forests in mitigating climate change ⁤and fostering sustainable development. Discussions in São Paulo are centered on identifying ‍concrete projects and financial‌ mechanisms to support initiatives related to deforestation, ⁤biodiversity conservation, and the transition to a low-carbon economy.

Simon Jessop, a Reuters reporter tracking financial responses⁢ to ESG issues, and Oliver Griffin, based in São Paulo covering soft commodities and biofuels, are reporting on the ⁢event. The ‌summit’s ⁣location in Brazil, home⁣ to a significant portion of ​the Amazon rainforest, is intended to amplify the urgency of protecting this vital ecosystem and engaging with local communities. organizers hope to leverage COP30 to attract substantial investment in sustainable practices and⁢ technologies, driving economic growth while safeguarding ⁤the environment.

November 6, 2025 0 comments
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