Author: The Editorial Team

LAGOS (Capital Markets in Africa) – The World Health Organization’s Emergency Committee has declared the outbreak of coronavirus in China a “public health emergency of international concern.” The declaration is often referred to by its initials — PHEIC, pronounced “fake” — but it gives the WHO real capabilities to affect the course of an epidemic. Governments and companies around the globe are already scrambling to contain the illness, which has shown up in a smattering of cases beyond China. But the…

NEW YORK (Capital Markets in Africa) – The most consequential day in Donald Trump’s impeachment trial begins in the Senate on Friday, with Republican leaders likely to muster enough votes to block witnesses and rapidly move to acquit the president. The decision late Thursday by Senator Lamar Alexander of Tennessee, a Republican who had been considered a potential supporter of testimony, to vote against new evidence largely dashed Democrats hopes of prevailing. His announcement is a victory…

LONDON (Capital Markets in Africa) – Now, as some mourn and others celebrate, the U.K. must find itself again. At 10 a.m. inside Aux Merveilleux de Fred, a patisserie in the heart of London’s French quarter, the air is thick with the aroma of butter. Aicha Boubakri, 30, is arranging neat rows of pastel-colored cream pastries in front of the bakery’s only customer. “It’s a bit sad—the fact that the U.K. will no longer be…