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Sudan Refugees Face Soaring Rent Prices In Cairo

As Egypt said more than 250,000 people crossed in from Sudan -- fleeing ceaseless air strikes, street battles, rampant looting and sexual violence -- property owners in Cairo saw an opportunity. Many others reported similar ordeals in Egypt, where its worst-ever economic crisis has pushed property owners to squeeze a profit wherever they can -- including from war refugees. Inflation in Egypt hit a record high of 36.8 percent in June, and the pound has lost half its value against the US dollar since early last year.

Global Debt Dominates As G20 Finance Chiefs Meet

G20 finance ministers and central bank chiefs opened talks on Monday discussing debt restructuring deals, multilateral bank reform and finance to tackle climate change, aiming to bolster a sagging global economy.

S. Africa's Zuma In Russia For 'Health Reasons': Spokesman

South Africa's graft-tainted ex-leader Jacob Zuma is receiving medical treatment in Russia, his spokesman said Friday, a day after the country's highest court upheld a ruling that he should return to prison. "Zuma travelled to Russia last week for health reasons," the 81-year-old's spokesman Mzwanele Manyi said in a statement. Manyi added that the trip "was private, it was not a secret," after the information was published by local media.

S.Africa's Top Court Upholds Ruling That Zuma Returns To Jail

South Africa's top court on Thursday upheld an earlier ruling that former president Jacob Zuma should return to prison to complete his 15-month term for contempt of court, dismissing an appeal seeking to keep him out of jail. Zuma was sentenced in June 2021 after refusing to testify before a panel probing financial sleaze and cronyism under his presidency -- but was freed on medical parole just two months into his term.

North Korea Says Conducted New Test Of Solid-fuel ICBM

North Korean leader Kim Jong Un personally oversaw the successful test of the country's newest intercontinental ballistic missile, state media reported Thursday, days after Pyongyang threatened to down any US spy planes that enter its airspace.

Musk Launches XAI To Rival OpenAI, Google

Elon Musk on Wednesday launched his own artificial intelligence company, xAI, as he seeks to compete with OpenAI, the creator of ChatGPT -- a program he accuses of being politically biased and irresponsible.

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