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- š¦ Straight outtaĀ the World Bank
š¦ Straight outta the World Bank
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Good morning š¤ļø On Thursday last week, Virgin Galactic flew its first commercial flight to space with an 80-year-old British Olympian and a mother-daughter duo from the Caribbean aboard. This milestone means at least three things:
Youāre broke
Richard Branson joined his billionaire bros, Jeff Bezos and Elon Musk, in the space tourism business
The next time your lover asks for space, the trip will cost $450,000
Also, to celebrate the 50th anniversary of hip-hop this past weekend, we smuggled some popular rap lyrics into this weekās stories. Soā¦b*tch put down them tabloids š„
āGloria Mbabazi, Shem Opolot
Headlines
š¦ Straight outta the World Bank
Source: The Daily Monitor
The World Bank remains committed to helping all Ugandans escape poverty and improve their lives.
First things first, rest in peace, our World Bank deal! The World Bank gave Uganda the pink slip by suspending funding for future projects due to human rights violations following the enactment of an anti-homosexuality law. The World Bank, which stated that the anti-homosexuality law contradicts its values of inclusivity and non-discrimination, deployed a team to Uganda to review the bankās portfolio and discuss additional measures to protect sexual and gender minorities. President Museveni fired back by saying Uganda will develop with or without loans and calling the decision āunfortunate.ā Wondering how all this affects you? This tweet and this one give you a hint.
š Cash, coups and confrontations
Dealing with a case of "Mo' Money, Mo' Problems," the FDC party is divided into two factions: the Nakulabye (HQ) faction of Amuriat and Nandala and the Katonga Road forces of Ssemujju Nganda and Erias Lukwago, led by party founder and man who has been jailed more than your favorite rapperāKizza Besigye. Besigye claimed dirty money exchanged hands between the State and Nandala whom he also accused of staging a coup. In retaliation, the HQ faction stripped Hon. Ssemujju of his party position as Chief Whip, replaced him with Yusuf Nsibambi, and forwarded Ssemujju, Lukwago, and four other party members to the disciplinary committee.
š½ļø MVPs (Most Valuable Plates)
The government is proceeding with its plan to add new digital number plates to Ugandansā list of 99 problems (See our previous writeup). The rollout of the Intelligent Transport Monitoring System plates will begin in October 2023, starting in Kampala and gradually expanding to other areas of the country. New vehicle and motorcycle owners will pay Shs. 714,000 for the digital number plates, while already registered road users must pay Shs. 150,000 and Shs. 50,000 for vehicles and motorcycles, respectively.
š°šŖ Kenya
After a year of political drama and on-and-off strikes, Ruto and Odinga plan to finally meet. Ruto, whoās watching the throne jealously, is ready to chat about everything on the menu except the main courseāthe sharing of power.
š·š¼ Rwanda
Rwanda genocide survivors were disappointed when the UN halted the trial of Felicien Kabuga, an alleged financier of the genocide, due to health reasons. Kabuga is nearly 90 and has dementia.
š¹šæ Tanzania
Tanzania's court green-lit the UAE port deal, brushing dirt constitutional concerns off their shoulders. Under the deal, the multinational logistics company, DP World, headquartered in Dubai, will initially run the port of Dar es Salaam, with the potential to expand to other ports in mainland Tanzania based on further negotiations.
Other headlines
Grey list and why Uganda is not getting off it soon
Airtel Uganda to list on the stock market
10,000 Ugandan national IDs confiscated from foreigners
Museveni reverses directive on government ads
Archbishop asks court to dismiss Luwero petition
Jane Goodall returning to support Uganda's conservation movement
Bujagali dam tax waiver by Museveni rattles civil society
Circus involved in modern weddings sending couples to URSB office
AD: The āfāsā in āOfficeā can stand for fun.
If being employee of the month isnāt attractive to you, saving tons of time ought to be. Pearl AI can help with both of those things.
Beyond Borders
šļø Africa
Niger President Mohamed Bazoum | Source: Sky News
š³šŖ War and peace. Russia, the worldās leading expert on peace and conflict resolution, warned against military intervention in Niger, saying it would lead to prolonged confrontation and destabilization of the Sahel region. Relatedly, since the junta shunned ECOWASā demand for the reinstatement of Nigerās democratically elected leader, ECOWAS took that as a sign that the junta wanted all the smoke and ordered the deployment of its standby force to intervene in Niger to restore order and democracy. However,ā¦the force, which has been directed to activate immediately, lacks the commensurate funding, participation, and troop numbers to, you know, activate. In response to ECOWASā threat, the junta in Niger reportedly threatened to kill deposed President Mohamed Bazoum if neighboring countries attempted military intervention.
š¹š³ š±š¾ Migrant malady. Tunisia and Libya stopped burying their heads in the desert sands and agreed to Love Theirz by sharing the responsibility of sheltering the hundreds of stranded migrants at their borders. Tunisia will take 126 migrants, while Libya will take the remaining 150. The migrants, who mostly hail from Sub-Saharan Africa, had been abandoned by Tunisian authorities in the desert area of Ras Jedir. The Mediterranean Sea crossing from Tunisia to Europe has become increasingly dangerous, with over 1,800 deaths recorded this year alone.
Other headlines
Central African Republic scraps term limits
Multichoice leaves Malawi | Zuma released after a brief prison return
Amazon Summit: African nations to protect rainforests
WFP slowly resumes food aid to Ethiopia after months of criticism
The āhanging librariesā of Nigeria: How a book drive is exciting pupils
Rwanda, Jordan strengthen bilateral ties
šŗļø The rest of the world
Pakistan | Source: BBC
šµš° Pakistanās problems. A week ago, a suicide bombing believed to be the product of tensions between ISIS and pro-Taliban groups killed 54 people and injured 200. (See our previous writeup). Last weekend, a derailed passenger train killed at least 30 people and injured more than 100. And most recently, Imran Khan, the former Prime Minister of Pakistan, was sentenced to three years in prison for corruption charges. The arrest followed a no-confidence vote against Khan in 2018, but Khanās persistent approval ratings (60%) ensure Political division in Pakistan is ballin outta control. In Pakistanās 75-year modern history, no prime minister has completed a full five-year term. We donāt know whether to be jealous or concerned.
šŗšø šØš³ Biden said knock you out. In an attempt to kneecap Chinaās tech boom and perpetuate the long-standing āfrenmityā between the US and China, President Biden announced restrictions on American investment in certain Chinese tech companies, particularly those developing semiconductors and quantum computers. The restrictions will start next year, following a period of public comment, and will be enforced mainly on venture capital and private equity funds.
š¢ Global oil demand spikes. We know going green is all the rage right now, but if you lean a little bit closer, youāll notice oil is here to stayāat least for the foreseeable future. The International Energy Agency (IEA) reported that global oil demand hit a record high due to increased air travel, Chinese economic activity, and power generation. While the IEA revised down its forecasts for next year, it's reportedly apparent that reducing oil consumption by 2030 won't be enough to reach net-zero emissions targets.
Nnāebigenderako
Politics and Government
China and Russia send warships near Alaska
The US-Iran prisoner swap
Deadly wildfires in Hawaii killed at least 36 people
Ecuador presidential candidate assassinated
Business and Finance
A new postpartum depression pill in the US
PayPal launches a stablecoin
Tesla CFO resigns after working with Musk for 13 years (which, apparently, would feel like 50 years for anyone else)
WeWork WonātWork
Neuralink, Elon Muskās brain chip tech startup, raises $280Mn
Science and Technology
The sound of phoneās dial pad is enough for you to be hacked
A second successful nuclear fusion reaction
The most important unanswered issue in climate science
Sports
Simone Bilesā triumphant return to competitive gymnastics
Womenās World Cup update
Lifestyle and Entertainment
Tory Lanez jailed 10 years
Take a look inside Cherās home (Itās up for sale if youāre looking)
The history of hip-hop: a deep dive
Procrastination corner
Games and Puzzles
From Braingle.
For each of the following, use the clue words to help you find three words that are linked to each other through their last two letters and the first two letters of the subsequent word.
The first word's last two letters are the same as the first two letters of the second word, and the second word's last two letters are the same as the first two letters of the third word.
Example: exchange / exit / come back
Answer: traDE / DEpartuRE / REturn
1. less than less / sneaking around / process mentally
2. purplish red / it takes two / departed
3. bean curd / after today / save
4. stinging insect / make waves / get smaller
Answer at the bottom
Our picks
š° Visualizing the $105Tn world economy
š° How money laundering works
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ā Hidden messages in popular logos
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Games answer
Answer:
1. least / stealth / think
2. magenta / tango / gone
3. tofu / future / rescue
4. wasp / splash / shrink
Have a good week!
ā Too Long; Didnāt Read (TLDR)
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