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Guinea's presidential vote is expected to cement Doumbouya rule
Guinea will vote on Sunday for a president whose election is widely expected to give Mamady Doumbouya a seven-year mandate. This would complete the transition of West Africa's nation back to civil rule. Former special forces commander, believed to be in early 40s, is up against eight other candidates, in a field fragmented with no clear challenger. Former president Alpha Conde, and longtime opposition leader Cellou Dallein Diallo are still in exile. Guinea has the largest bauxite reserve in the world and the richest iron ore deposit that is still untapped. Simandou was officially opened last month, after many years of delays. Doumbouya claims credit for advancing the project and ensuring Guinea benefits from it. In the wake of a dispute over a refinery, his government revoked Guinea Alumina Corporation’s license and transferred its assets to a firm owned by the state. His youth, in a country with a median age of 19 years, and the turn towards resource nationalism, which is echoed by Mali, Burkina Faso, and Niger, have boosted his popularity. Mohamed Kaba, an auto mechanic from Conakry, said: "For us, young people, Doumbouya is a chance to retire the old political class." "There's a lot going on in terms of corruption, but I do hope that these things will be resolved." DOUMBOUYA IS EXPECTED TO ENTRENCH THE POWER Benedict Manzin is the lead Middle East and Africa Analyst at Sibylline. Manzin said that "he will likely position his friends and associates so they can benefit from the economic boom expected to accompany the start of production at Simandou". The transition charter, adopted after the coup, prohibited junta-members from running in?elections. In September, Guineans approved a new constitution that removed this clause, extended presidential terms to seven-years, and created a Senate. The preliminary results show that 86.42% of voters turned out, but opposition figures dispute this. OPPOSITION - ACTIVITY RESTRAINED DURING CAMPAIGN Doumbouya's government has tamed the political debate. Civil society groups claim that his government has banned protests and restricted opposition activity. Volker Turk, chief of the U.N. Rights Department, said on Friday that the campaign period was "severely restricted". The conditions in which the elections are being conducted "risks undermining their credibility," said Turk. The?government didn't respond to a comment request. Doumbouya stayed low-profile during the campaign and left surrogates to present his case. He skipped the speech at a closing rally in Conakry on Thursday, but danced with wife to Koffi Omoide's performance. He wore a baseball cap and track suit in white, emblazoned "Generation for Modernity and Development." Around 6.7 million voters are registered, and provisional results should be available within 48-72 hours after the polls close. Reporting by Guinea Newsroom; Writing and editing by Robbie Corey Boulet
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In Guatemala bus crash, at least 15 people are dead and 19 others injured
Authorities said that at least 15 people were killed and 19 others injured when a passenger van plunged into a ravine along the Inter-American Highway, in western Guatemala. Leandro Amado, a local firefighter spokesperson, told reporters that 15 people had died. This included 11 men, 3 women, and a child. He also said that 19 people had been injured. The accident occurred between km 172 and174 in the Solola Department, an area known for its dense fog which reduces visibility. The images shared on social media by the fire department early Saturday morning showed the bus wreckage?in the ravine while firefighters worked to save victims. Reporting by Sofia Menchu. (Editing by Joe Bavier, Mark Potter and Mark Potter.)
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Suns' Devin Booker aims for a 2-game sweep over Pelicans
Devin Booker, the star of the Phoenix Suns, has been playing some great basketball lately. Booker has averaged 28.2 points per game over the past five games. He also averages six assists and four rebounds. This includes a performance of 30 points, nine rebounds, and five assists in the Suns 115-108 win over the New Orleans Pelicans. Booker and his Suns team will be looking to "continue" their momentum on Saturday when they play the Pelicans in the second of two back-to-back games. Booker stated that the contest on Friday was a "must-win" for them. What a great way to begin the road trip. We want to begin on a positive note. Saturday, we'll be back in action against them. We know that they are playing good basketball at the moment. Saturday's game will be a very competitive one. Booker scored 12 points in Friday's fourth quarter and was a key player in the Suns winning the game with an 18-8 run. Mark Williams and Connor Gillespie played important roles for Phoenix. Williams scored 24 points, including 10 in the fourth quarter. Gillespie added 16 points with nine assists. Williams also added 13 rebounds to his double-double, which was his first in nine games this month. Suns' 16 offensive rebounds led to extra possessions against Pelicans. Jordan Ott, Suns coach, said: "I thought we had some big stops in the stretch." "And then Book made some offensive plays to somehow pull out the win." Zion Williamson, who was a bench player for the Pelicans, led them with 20 points and eight rebounds in just 28 minutes. The Pelicans had won five straight games before losing their second consecutive game. Williamson has been battling multiple injuries for years and has not always played the second game of a back-to-back. However, he played double duty this week, when the Pelicans took on the Dallas Mavericks as well as the Cleveland Cavaliers. The two-time All-Star started every game in his six-year NBA tenure until?this past month. Williamson, who had been out of action for six games due to a right adductor injury, was moved from the starting lineup on Dec. 14, in order to reduce his workload. Williamson has averaged 21 points, 6.9 rebounds, and 3.2 assist in six games, even though he never played more than 28 min. In the last four games, he led the team in scoring. Williamson was the star of the show, and the Pelicans bench scored 60 on Friday. If New Orleans hopes to split the doubleheader it will need better execution in the late stages of?the game. James Borrego, interim head coach of the Pelicans, said: "We put ourselves into a good situation." "We didn't play enough." We failed to make free throws or shots. "We could have done better in the final stretch." On Friday, neither team was able to make it from long range. Each team made only 20% of their 3-point attempts. Phoenix finished with 8 out of 40 attempts, while New Orleans had 5 out of 25. Field Level Media
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Myanmar holds elections amid civil war, humanitarian crisis and other crises
Myanmar will vote on Sunday, as it fights a civil conflict that has devastated parts of the nation and one of Asia's most severe humanitarian crises. Myanmar, already one of Southeast Asia's poorest nations, has been devastated by conflict that was sparked by the coup in 2021. The military overthrew a civilian government headed by Nobel Peace Prize-winner?Aung San Suu Kyi. WHAT IS THE HUMANITARIAN SITUATION? Myanmar's humanitarian crises is one of Asia's most serious, and it is largely due to the intensifying civil conflict, as well as the repeated natural disasters including the massive earthquake that occurred in March. Reports have stated that the ruling junta suppressed previous information about the severe food crisis affecting the country, by urging researchers to not collect data on hunger and aid workers to not publish it. Myanmar has one of the most underfunded aid operations in the world, according to United Nations. Only 12% of funds required have been received. The U.S. cuts in humanitarian aid have a devastating impact on the people, according to the U.N. Special Reporter on the Situation of Human Rights in Myanmar. UN estimates that around 20 million people in Myanmar need help due to soaring inflation, a plummeting currency and about half of the population living below 'the poverty line. UN estimates claim that more than 3.6 millions people have been forced to leave their homes and over 6,800 civilians were killed in the conflict caused by the coup. According to the UN World Food Programme, as violence escalates, more than 12 millions people in Myanmar will be at risk of acute hunger next, including 1,000,000 who will require lifesaving assistance. WFP estimates that more than 16,000,000 people in Myanmar suffer from acute food insecurity, which means their lack of food is a threat to lives and livelihoods. The agency stated that Myanmar is "a hotspot of hunger" and should be taken very seriously. WFP reported that this year more than 540,000 children will suffer from acute malnutrition, a life-threatening condition which can have serious and lifelong consequences. This is a 26% rise from last year. According to WFP, one in three children aged under five already suffers from stunted development. How has the economy fared? Myanmar's economy, once considered one of the most promising in the region, has suffered from civil wars, natural disasters, and poor management. The World Bank reported this month that despite these challenges, Myanmar’s economy has shown some signs of improvement. Its GDP growth will?rebound to 3% during the next fiscal period. The projected growth will be driven by the post-earthquake recovery and targeted assistance to?the most affected areas. However, inflation is expected remain at or above 20%. Solar energy is becoming more popular as a reliable source of power for households and businesses. In June, Russia, which is building up ties with the military junta in Myanmar, signed a deal with Myanmar that could provide new opportunities for Russian companies to invest in the country. (Reporting and editing by Raju Gopikrishnan).
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Petrobras' proposal to end the strike is rejected by a large Brazilian union
The Brazilian union Sindipetro-NF (one of the largest in Brazil) has rejected the latest proposal from the state-run oil company to end the 12-day strike. It said this in a Friday statement. Sindipetro NF represents?about 25,000 oil industry workers, including those in Petrobras?offshore oil platform in the Campos Basin, which is the second highest oil production area in Brazil. Petrobras stated in a press release that the strike so far has not had an impact on production as they are using contingency crews to continue operations. Sindipetro-NF is the largest union within FUP, a umbrella organization of oil workers. The FUP board accepted Petrobras' proposal but it was still up to the workers. Sindipetro-NF, a union that is not part of the?FUP, has rejected the call to end the strike. FUP does not include all Petrobras unions. FNP's board voted to continue the protest, and advised unions that were under its umbrella to do the same. Sources said that the dispute may last for a long time, because it involves complex issues, such as deductions from pensioner payments and pension fund funds of state-run firms. Reporting by Fabio Téixeira in Rio de Janeiro and Rodrigo Viga Gaier; editing by Nick Zieminski & Alistair Bell
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Wall St. closes the holiday session with a near-record high in terms of light.
Wall Street closed a low-volume session after Christmas on Friday with little to no change. The three major U.S. indexes ended essentially flat but posted weekly gains. Ryan Detrick is the chief market strategist for Carson Group, based in Omaha. He said, "We're simply catching up today after a five-day rally." This is just day two of Santa Claus rally, so there's still time. We think that the market will be more optimistic going forward. Market participants were looking for signs of a seasonal phenomenon known as the "Santa Claus Rally," where the S&P 500 makes gains in the last five days of the current year, and the first two days in the next. This period began on Wednesday and runs through January 5. This rally could be a good sign for the stock market in 2026. Three trading days are left in an 'unpredictable year,' in which investors have been thrown for a loop by tariff jitters and simmering geopolitical conflicts. The Nasdaq is leading the way with its tech-heavy indexes. Detrick added: "It is a reminder to investors that volatility was the price we paid to achieve the solid gains in the past three years." "It's likely that 2026 will not be the first time in history where there is no volatility or bad headlines. "So you need to prepare yourself." The S&P 500 lost 2.05 points or 0.03% to finish at 6,930.00, while the Nasdaq Composite dropped 20.21 points or 0.09% to 23,593.10. The Dow Jones Industrial Average dropped 19.70 points or 0.04% to 48,7111.46. Communication services, technology, and industrials outperformed the overall market in terms of performance. The only sector to lose ground by 2025 is real estate. Nvidia's stock rose after the AI chipmaker agreed with startup Groq to license its chip technology and hire its CEO. Target shares rose after The Financial Times reported that hedge fund Toms Capital Investment Management has invested a large amount in the retailer. Silver and gold prices reached new record highs, boosting the value of U.S. listed shares.
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Petrobras' proposal to end the strike is rejected by a large Brazilian union
The Brazilian union Sindipetro-NF - one of the largest representing Petrobras workers - has rejected 'the latest proposal from 'the state-run oil firm to end a 12 day-long strike. It said this in a Friday statement. Sindipetro-NF represents around 25,000 oil industry workers, including those on Petrobras offshore oil platforms, in the 'Campos basin. This is the second highest oil production area in Brazil. Petrobras?did not immediately respond to a comment request. The company has said that the strike had no effect on production because it was using contingency crews. Sindipetro-NF, a union umbrella for oil workers, is the largest under 'FUP. The board of the FUP had accepted Petrobras' proposal, but it was still up to the workers to vote on the issue. Sindipetro-NF, however, has voted against ending the strike. This means that the protest will continue at least in some sites. FUP does not include all Petrobras workers' unions. The board of another umbrella organization, FNP voted to continue the protest, and advised unions to do the same. Sources said that the dispute may last for a long time, because it involves complex issues, such as deductions from pensioner payments and pension fund funds of state-run firms. (Reporting by Fabio Teixeira and Rodrigo Viga Gaier in Rio de Janeiro; Editing by Nick Zieminski)
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Two dead in Palestinian attack in Israel, Israeli authorities say
Israeli emergency services reported that a Palestinian attacker ran over a man, stabbed a woman in the neck and killed both of them on Friday. Israeli police released a statement saying that the assailant was wounded and shot by a civilian on the spot. He was then taken to hospital. The police added, "This was a?rolling?terrorist attack." Israeli Defence Minister 'Israel Katz' said that he had ordered the military to respond with force in the West Bank city of Qabaitya where the attacker allegedly hailed from to prevent any further attacks. The Israeli military has said that it is "preparing an operation" for the area. The Israeli ambulance service reported that the woman and man were both pronounced dead on the scene, after medics failed to revive them. (Reporting and editing by Alexandra Hudson, Hugh Lawson and Maayan Libell)
US signals Venezuela oil sanctions relief at risk as deadline looms
The Biden administration has actually signified that it could reimpose oil sanctions on Venezuela on Thursday in response to what U.S. officials see as President Nicolas Maduro's failure to meet his commitments totally free and reasonable elections this year.
Barring any last-minute concessions by Maduro, the U.S. has explained it is not most likely to restore a six-month license that given the OPEC member partial sanctions remedy for October, following an election deal reached between the government and the Venezuelan opposition. It expires just after midnight EST. ( 0400 GMT Thursday).
Washington had repeatedly threatened in current months to. restore punitive procedures on Venezuela's crucial oil and gas. sector unless Maduro made great on his guarantees, including. allowing the opposition to run the prospect of its option. versus him in the July 28 election.
Maduro's government has actually adhered to some of the regards to. the offer, signed in Barbados.
The withdrawal of the most significant element of U.S. sanctions relief would mark a major action back from U.S. President Joe Biden's policy of re-engagement with the Maduro. government.
However the Biden administration is anticipated to stop brief of a. full return to the optimal pressure campaign waged under. previous U.S. President Donald Trump, according to people familiar. with the matter.
Weighing on the U.S. choice have been concerns about. whether reimposing sanctions on Venezuela's energy sector could. spur higher worldwide oil costs and increase the circulation of. Venezuelan migrants to the U.S.-Mexico border as Biden campaigns. for reelection in November.
We have actually made extremely clear that if Maduro and his. agents did not completely implement their contracts under. the Barbados agreement, we would reimpose sanctions, and I would. just say remain tuned, U.S. State Department spokesperson Matthew. Miller informed a daily briefing in Washington on Tuesday. He. decreased to elaborate.
Maduro's federal government has actually repeatedly responded with defiance the. Washington's warnings.
Global business continue coming to Venezuela,. Venezuelan Oil Minister Pedro Tellechea said in Caracas. With. or without sanctions, Venezuela will be respected.
Venezuela's oil exports in March rose to their highest level. considering that early 2020 as consumers rushed to complete purchases ahead. of the possible return of sanctions, reported this. month.
DELIBERATIONS ON SANCTIONS OPTIONS
Pondering on how far to go, Biden's assistants had actually gone over a. range of alternatives ahead of the expiration of the U.S. Treasury. license that has actually enabled Venezuela to easily sell its crude,. U.S. sources stated. Amongst the actions they thought about was permitting. Venezuela to continue shipping oil but reimposing a ban on the. use of U.S. dollars in such transactions.
Failure to renew the current license would not eliminate the. possibility that the U.S. might at some point problem a brand-new. version to change it if Maduro begins to provide ground on. electoral dedications.
Without a general license, however, most foreign partners of. Venezuela's state-run oil company PDVSA might have no other choice. however to increase pressure for private U.S. permissions,. which they have actually been seeking for years.
The Biden administration initially re-engaged diplomatically. with Maduro when the U.S. was trying to find ways to get more oil. on world markets to offset the increase in crude costs from Western. sanctions troubled Russia over its 2022 intrusion of Ukraine. Those contacts resulted in an offer for relieving a few of the severe. Trump-era sanctions on Caracas.
Miller acknowledged to reporters that Maduro has actually supported. particular elements of the Barbados agreement, consisting of setting an. election timetable and inviting international observers.
However Venezuelan election authorities have kept an. election restriction on Maria Corina Machado, who resoundingly won the. opposition main last October, and the opposition is presently. holding internal negotiations about who could run as a. substitute.
Maduro's 2018 re-election was turned down by the U.S. and other. Western governments as a sham.
The U.S. has also decried a string of arrests in recent. months of opposition politicians and activists.
(source: Reuters)