Kenya’s drought wipes out 2% of the world’s rarest zebras

Kenya’s drought wipes out 2% of the world’s rarest zebras

CNN – A grueling two-year drought in Kenya wiped out 2% of the world’s rarest zebra species and also increased elephant deaths, as the climate crisis put a strain on the East African nation’s wildlife. Carcasses of animals rotting on the ground, including giraffes and livestock, have become a common sight in northern Kenya, where … Read more

Truss has to make the speech of his life to turn his fortunes upside down

Birmingham, England CNN – Despite only having been at work for a month, British Prime Minister Liz Truss has to give the speech of her life Wednesday if she is to get her fledgling premiership back on track. His government was forced to make a screeching U-turn on Monday over a proposal to cut the … Read more

Pre-market equities: A UN agency wants the Fed to slow its interest rate hikes

New York CNN business – The Federal Reserve’s aggressive tightening policy caused the US dollar to appreciate to a multi-decade high, squeezing currencies around the world. Now, a United Nations agency warns that its actions, along with those of other central banks, risk pushing the global economy into recession. What is happening: In a new … Read more

White House launches latest desperate effort to dissuade OPEC from cutting oil production to avoid a “total disaster”

Washington CNN – The Biden administration has launched a full-scale lobbying campaign in a desperate attempt to dissuade Middle Eastern allies from drastically cutting oil production, according to several sources familiar with the matter. The push comes ahead of Wednesday’s crucial meeting of OPEC +, the international oil producers’ cartel that is widely expected to … Read more

Truss has to make the speech of his life to turn his fortunes upside down

Birmingham, England CNN – Despite only having been at work for a month, British Prime Minister Liz Truss has to give the speech of her life Wednesday if she is to get her fledgling premiership back on track. His government was forced to make a screeching U-turn on Monday over a proposal to cut the … Read more

UK Finance Minister Kwasi Kwarteng cancels plan to reduce tax rate by 45 pence

London CNN business – The British government is canceling plans to eliminate the higher rate of income tax, announcing an embarrassing retreat after a rebellion among its own lawmakers and a week of financial and economic turmoil. In a statement Monday, Finance Minister Kwasi Kwarteng said the tax cut for people earning more than £ … Read more

The billionaire founder of JD.com settles the rape lawsuit two days before the planned trial in the United States

Editor’s Note: A version of this story appears in the CNN China Meanwhile newsletter, an update three times a week that explores what you need to know about the country’s rise and its impact on the world. Sign up here. CNN – A Chinese billionaire and a former University of Minnesota student who accused him … Read more

Ron DeSantis hinges on political battles in the aftermath of Hurricane Ian

CNN – Florida Governor Ron DeSantis had just provided sobering details about the destruction of Hurricane Ian on Friday night at his third press conference of the day, this time in flood-ravaged St. Augustine. As he walked away from a microphone stand, a spectator shouted: “2028! 2028, Ron! ” “2024!” another supporter called DeSantis, a … Read more

The popularity of spam is on the rise again

New York CNN business – Spam is great. The 85-year-old canned meat block has undergone a cultural reinvention. Hormel (HRL) has been selling a record amount of spam for seven consecutive years, and 2022 is set for another such milestone. The conglomerate behind Skippy and Jennie-O Turkey says it can’t spam fast enough and is … Read more

Americans are still weighed down by high inflation, although sentiment is improving

CNN business – Americans feel more positive about the economy and believe inflation will stabilize, but there is still a lot of uncertainty. The University of Michigan Consumer Sentiment Index for September stood at 58.6, down slightly from preliminary reads of 59.5, according to the school’s consumer survey results. This is the highest reading since … Read more