Shares in Elon Musk’s SpaceX have plunged as tech and artificial intelligence stocks more broadly plummeted a day after the Democrats swept to victory in the midterms. Those losses dragged the tech-heavy Nasdaq Composite stock index down, which had fallen by more than 5% at one point in early trading. The market has been reacting to possible tougher scrutiny of data centre construction and the artificial intelligence (AI) industry following Democrat wins in key data centre states including Texas. Following the election, some tech leaders have acknowledged they need to improve their communication around data centres and the benefits of…
Author: Oki Bin Oki
Paraguay’s President Santiago Peña has announced his resignation following a political crisis sparked by the collapse of a bank linked to him. “I want to apologise to the people if at any point I failed,” he said in a video message on social media. “It was never my intention to betray the trust you placed in me.” The crisis erupted after Ueno Bank entered an insolvency process, which froze all operations. Lawmakers accused Peña, who was a shareholder until last year in the company that owned the bank, of conflicts of interest and misconduct. Peña has rejected suggestions of impropriety.…
Elgeyo Marakwet County Woman representative Caroline Ngelechei has raised concerns over the uneven distribution of civil registration and national identity card officers across the country, warning that the shortage of personnel in remote areas is undermining efforts to ensure all Kenyans access essential government services. Speaking during a meeting between the Departmental Committee on Administration and Internal Security and the State Department for Immigration and Citizen Services at Parliament Buildings, Ngelechei questioned why many officers were concentrated in urban centres while rural communities struggled with inadequate staffing. She said oversight visits by the committee to Bungoma, Busia and other counties…
President William Ruto is expected in Mwanza, Tanzania, for the white wedding of his daughter, Charlene Ruto, to Tanzanian tech entrepreneur Isaya Yunge. The ceremony is scheduled for Friday, November 6, 2026, at the Malaika Beach Resort in Mwanza. Reports indicate the First Family, led by President Ruto and First Lady Rachel Ruto, will attend together with senior government officials. Charlene arrived in Mwanza on Wednesday, November 4, 2026, landing by private aircraft. She was welcomed with traditional drummers, dancers, and a convoy of luxury vehicles. The white wedding follows the couple’s traditional Kalenjin Koito ceremony, held on August 8,…
How much are tickets and what currency are prices in? All prices are in Kenya shillings unless stated otherwise. The total payable, including VAT, booking fees and processing charges, is displayed before you pay. No compulsory fee is added after you commit to buy. Can I get a refund if I change my mind or cannot attend? Change of mind, inability to travel, illness or a missed event does not ordinarily create a refund entitlement unless the offer expressly includes an exchange or cancellation option. Statutory rights for misrepresentation or defective performance remain available. Are processing fees refundable? Processing fees…
On November 3, 2026, the Central Bank of Paraguay placed Ueno Bank—one of the country’s largest digital lenders—into resolution, shutting down its operations and freezing all customer accounts. The decision followed a severe deterioration in the bank’s solvency ratio, which had fallen below 50% of the legal minimum required by Paraguayan regulators. The central bank’s board voted unanimously to initiate the process, citing accounting adjustments that revealed a critical capital shortfall. Ueno Bank served approximately 3 million customers, a figure equivalent to roughly 60% of Paraguay’s adult population. The bank also managed between $800 million and $850 million in public…
President Donald Trump may have made the decision to launch the war that tanked voters’ support for the GOP and dealt them a midterm shellacking. But the historic losses are accelerating a push for someone else to take the fall: Defense Secretary Pete Hegseth. And the House could vote as soon as next week to impeach the Pentagon’s top leader. Many Republican lawmakers and allies alarmed by Tuesday’s wipeout are moving swiftly to pin blame for the election results on Hegseth, arguing behind the scenes that he played a chief role in convincing Trump to attack Iran with no exit…
A sweeping victory for Democrats in US midterm elections this week, giving them control of Congress, presents both an opportunity and challenge for top rival China, analysts say. Here is how the outcome of the vote, which offers the Democratic Party the power to stymie President Donald Trump’s maverick foreign policy, could impact the thorny relationship between Washington and Beijing: Will tariffs be limited? Winning control of both houses in the US Congress puts Democrats in a position to limit Trump’s liberal use of tariffs on Chinese products in the two years he has left in office, analysts say. That…
Hong Kong democracy activist Joshua Wong was sentenced to 10 more years in jail in the Chinese territory on Thursday for colluding with foreign powers. Wong, who became internationally renowned during the “Umbrella Movement” that convulsed Hong Kong in 2014, has already spent almost six years behind bars and is now not due for release until late 2036. The former student leader, who turned 30 last month, was previously expected to be freed in January after serving four years and eight months for “subversion” under a Beijing-imposed national security law. But Hong Kong authorities used the same law to charge…
South Korea’s defence ministry said Thursday it would deploy maritime patrol aircraft and an explosive ordnance disposal team to waters near the Strait of Hormuz as part of a mission to help keep the waterway open. The announcement comes as Seoul maintains it will not deploy troops to intervene militarily in the Iran war, while seeking to protect commercial shipping and energy supplies through one of the world’s most important maritime chokepoints. The US-Iran war that began on February 28 has disrupted shipping through the Hormuz strait, a vital conduit for global energy supplies that normally carries about a fifth…
Ethiopia and Sudan traded tit-for-tat diplomat expulsions on Wednesday, two Sudanese government officials told AFP, as a row deepened over allegations that Addis Ababa aided Sudanese rebel forces. After Ethiopia gave six Sudanese diplomats 48 hours to leave, Sudan responded on Wednesday by ordering Ethiopian diplomats out, they said. It comes after Sudan’s army-aligned government, at war with the paramilitary Rapid Support Forces (RSF), said it had identified dozens of RSF attacks from Ethiopian territory. “Ethiopia declared on November 2 the employees of the Sudanese consulate in Asosa in the Benishangul region persona non grata and gave them 48 hours…
Former Attorney General Paul Kihara, who died on November 3 aged 72, was cremated in Nairobi in accordance with his final wishes. His family said he had wished to be cremated. It was anticipated, some of those present said. Kihara was cremated at the Kariokor Crematorium on Wednesday, November 4, in a ceremony attended by senior judicial officials and prominent leaders, including former President Uhuru Kenyatta. Among those who attended were Chief Justice Martha Koome, former Chief Justices Willy Mutunga and David Maraga, former Attorneys General Githu Muigai and Justin Muturi, former Attorney General Amos Wako, and Wiper Patriotic Front…
Democratic Party (DP) leader JB Muturi has accused Suna East MP Junet Mohammed of orchestrating an attack on his team in Migori Town, describing the incident as an attempt to intimidate opposition voices and undermine democratic freedoms. In a strongly worded statement, Muturi condemned the alleged attack, claiming that goons had been sent to disrupt their activities in the town. He accused unnamed political actors of resorting to violence and intimidation instead of engaging in democratic competition. Muturi described the incident as political intolerance and warned that attacks against opposition leaders threatened the democratic space protected by the Constitution. “We…
An Italian chef sacked from a Brisbane restaurant had refused to put pineapple on a pizza because it was an “insult to his culture”. Davide Tamburella was fired from the now-closed La Costa restaurant in May, a fortnight after a meeting with management who had a string of complaints about the chef’s behaviour. Among them were Tamburella’s refusal to provide ham and pineapple pizza for guests at a function. At the time, the chef had stated that any direction from management “need not be followed when it is offensive to his culture”. The details came to light after the chef…
A police officer is missing after students at Nyabisase Mixed Secondary School in Kisii County attacked a multi-agency team conducting examination monitoring at the institution on Thursday. The incident occurred at approximately 10.30am when officers from the Directorate of Criminal Investigations (DCI), Kenya National Examinations Council (KNEC) and National Intelligence Service (NIS) visited the school following reports of suspected examination malpractice. The team had been alerted by KNEC official Gioko Kanyi, who reported suspected examination irregularities at the institution. Upon arrival, the officers reportedly discovered a laptop hidden behind the school administration offices and contacted DCI officers based at Nyamache…