Oil price spikes triggered by the war with Iran could have a catastrophic impact on African nations. These countries should start preparing now, one economist from the Institute of Economic Affairs in Kenya told CNN’s Larry Madowo. Even Africa's most advanced economy, South Africa, is exposed to the oil price shocks, which could cause higher fuel costs, rising inflation and renewed pressure on currencies.
Oil price spikes triggered by the war with Iran could have a catastrophic impact on African nations. These countries should start preparing now, one economist from the Institute of Economic Affairs in Kenya told CNN’s Larry Madowo. Even Africa's most advanced economy, South Africa, is exposed to the oil price shocks, which could cause higher fuel costs, rising inflation and renewed pressure on currencies.
Video captured by specialist cave divers shows the harrowing route taken during the mission to rescue missing villagers from a remote cave in Laos.
One survivor was rescued from a flooded cave in Laos after being trapped for over a week. CNN's Will Ripley and Kocha Olarn spoke with the rescue diver that performed the extraction to get the first person out.
CNN's Will Ripley spoke to Samorn Ian whose husband Kamla Ian is one of five villagers trapped in a cave in Laos. An international rescue effort is underway to free the men.
Israeli Prime Minister Benjamin Netanyahu said he told the country’s military to increase its takeover of Gaza as Hamas accuses Israel of “undermining” the ceasefire agreement. CNN’s Oren Liebermann reports.
An Austrian court on Thursday sentenced a 21-year-old who admitted planning a foiled Islamist attack on a Taylor Swift concert in Vienna in 2024 to 15 years in prison, finding him guilty of various terrorism-related offenses.
The Trump administration says it's setting up a "state-of-the-art facility” in Kenya for Americans who may have been exposed to the Ebola virus but who do not have symptoms.
Italy's Supreme Court has ruled that restaurant and hotel owners aren’t legally required to serve tap water after a tourist filed a lawsuit against a hotel who refused to provide it.
