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A dramatic political rupture between India and Canada has cast a spotlight on a top confidante of Prime Minister Narendra Modi, who has been mentioned as a possible successor to lead the world’s most populous country.

Read more about Amit Shah, the Indian minister accused by Canada of authorizing a wave of alleged crimes: https://bloom.bg/4fplQHy

πŸ“·: RAVEENDRAN/AFP
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US election: The outcome of the closely watched US election will have a major impact globally, from Ukraine, the Mideast and Africa to world trade. https://bloom.bg/4eceCFL

Nation on edge:
 VenΓ’ncio Mondlane, the independent Mozambican opposition presidential candidate who fled the country after last month’s disputed elections, plans to return this week to lead supporters in protests in Maputo, the capital. https://bloom.bg/3UCKRGY

Rare advance:
Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. https://bloom.bg/4fA4qHY

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β€” and where it’s headed at
https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Kamala Harris and Donald Trump are on track for what could be one of the closest US elections in history.

Follow our live blog for the latest news and analysis of the 2024 election: https://bloom.bg/election2024
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πŸŽ™ One million skilled workers – doctors, engineers, accountants and managers, among others – have left Pakistan over the past three years alone.

Find out what’s driving the severe brain drain on the Big Take Asia Podcast ⬇ https://link.podtrac.com/jxfy2rhy
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Trump just helped the world's top 10 richest people get even more rich. $64 billion richer, according to the Bloomberg Billionaires Index.

Elon Musk alone added $26.5 billion to his pot. See the full list here: https://bloom.bg/4flCHLK

πŸ“·: Getty
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Tensions rise: Mozambican police clashed with demonstrators who converged on the capital on Thursday to protest the country’s disputed elections. https://bloom.bg/4fCYONm

IMF deal: Ghana’s main opposition leader said he would renegotiate the $3 billion IMF program to reduce taxes and smooth loan repayments if he wins next month’s election. https://bloom.bg/3YWqx6b

ZiG free-float: Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank’s deputy governor said, though he declined to spell out when this would happen. https://bloom.bg/4eeB0y8

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β€” and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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China has announced a $839 billion program to refinance local government debt, as Beijing rolls out more measures to support a slowing economy facing new risks from the reelection of Donald Trump. Read more: https://bloom.bg/4feIN0n

πŸ“·: Bloomberg
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Tax reforms: Nigeria sees proposed changes in its tax laws helping to boost revenues, as the West African nation seeks to control its widening deficit and borrowing costs. https://bloom.bg/3Ctf7xK

Election unrest: Relative calm returned to Mozambique’s capital on Friday after police used deadly violence to break up a wave of post-election protests that shook Maputo the day before. https://bloom.bg/40G4K3M

Trump money: No billionaire did more to help Donald Trump win the US presidential election than Elon Musk. The South African-born Tesla and SpaceX boss will now find out whether it pays off or he ends up getting burned.⁣ https://bloom.bg/4hGetx5

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β€” and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Trump's US election victory was music to the ears of some attendees at Singapore's FinTech Festival. But others feared the economic cost of his win. Read more in this week's free Singapore Edition newsletter: https://bloom.bg/40BYpGv

πŸ“·: Aparna Nori/Bloomberg
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With an army of gig workers, a fleet of mini-warehouses and big-name investors, here's how Indian startup Swiggy beat Amazon to lightning-fast grocery deliveries in the world’s fastest-growing major economy: https://bloom.bg/40Bzhji

πŸ“·: Abeer Khan/Bloomberg
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Lululemon is booming in China. So, how did it crack the market where other international retail giants are fading?

Its playbook offers a glimpse. Read here: https://bloom.bg/3AAUsr4

πŸ“·: Qilai Shen/Bloomberg
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New government: Mauritian Prime Minister Pravind Kumar Jugnauth conceded defeat in Sunday’s elections after early results showed his five-party Alliance Lepep coalition trailing its main rival. https://bloom.bg/3UNfxp0

Biggest listing: Pick n Pay is seeking to raise 8 billion rand ($449 million) through an initial public offering in discount retailer Boxer in what is set to be Africa’s biggest listing this year. https://bloom.bg/4fEgU1q

Green transition: Senegal will recommit to a $2.7 billion program to reduce its reliance on fossil fuels in coming weeks. https://bloom.bg/3NZqWyq

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β€” and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Hong Kong is recovering after a bruising talent drain, with licensed finance jobs hitting a record as banks and asset managers bet on the city’s push to become the world’s biggest wealth management hub. Read more here: https://bloom.bg/3YL8GxD

πŸ“·: Paul Yeung/Bloomberg
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China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. More here: https://bloom.bg/4fpjDfq

πŸ“·: Qilai Shen/Bloomberg
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Donald Trump is expected to name Marco Rubio as secretary of state, a person familiar with the matter said, granting a top job in his second administration to a one-time rival who later became one of his most ardent supporters in the Senate. Read more: https://bloom.bg/3ADpqPh

πŸ“·: Christian Monterrosa/Bloomberg
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President-elect Donald Trump has started to choose the people who he wants to implement his β€œAmerica first” policies on the border, trade, economy and more.

From Susie Wiles to Marco Rubio, take a look at some of the people Trump is picking or set to pick: https://bloom.bg/411hr9N

πŸ“·: Bloomberg
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More jobs: South Africa’s unemployment rate fell for the first time in a year as business confidence improved and economic growth showed signs of recovery. https://bloom.bg/3Cj0fC4

Parliamentary majority: Ghana’s Supreme Court reinstated the governing party’s majority in parliament, overruling a decision by the Speaker to declare four seats vacant. https://bloom.bg/3CyeXFj

Cost of debt: The premium on African sovereign debt over US Treasuries has dropped to a five-year low, signaling investor confidence in certain high-yield bonds even as concerns linger about how Donald Trump’s second presidency will impact the continent. https://bloom.bg/3CpAGQ1

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now β€” and where it’s headed at https://bloom.bg/4hd94NP. Next Africa publishes every Tuesday and Friday
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Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to β€œdismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced. Read more here: https://bloom.bg/3AtYVMl

πŸ“·: Bloomberg
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BREAKING: Nvidia picks SoftBank as its first customer to build an AI supercomputer with new Blackwell chips. More here: https://bloom.bg/4emFYcc

πŸ“·: Akio Kon/Bloomberg
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