An Argentine prosecutor wants VP Cristina Fernández de Kirchner to spend 12 years behind bars and be disqualified from public office for life for alleged corruption from when her husband was president (2003-2007) and her own two terms in the top job (2007-2015). Cristina — popularly known by her first name — is accused of fixing public works contracts in the southern Patagonia region. The verdict drops in December, but it can be appealed and the process would likely drag on until late 2023 — just in time for the next election. Even if she's convicted, the influential VP is unlikely to see a jail cell. Although she won't have immunity if she loses her Senate seat, the Supreme Court is unlikely to ratify a guilty sentence that would be a political bomb. Still, the trial will have big implications for Cristina and the ruling Peronistas. First, a conviction might compel her to shape the 2023 presidential race by picking a loyal candidate and not the incumbent, Alberto Fernández (no relation), whom Cristina famously doesn't get along with. Second, the legal troubles might help Cristina fire up her base, especially if she decides to run for president. "She views all of this as a conspiracy between the judiciary, businessmen, and the opposition to remove her," says Eurasia Group analyst Luciano Sigalov.
Ça suffit! So say thousands of demonstrators in Port-au-Prince. Fed up with sky-high inflation, deepening poverty, and the spread of deadly gang violence, protesters are taking to the streets of Haiti’s capital to demand the resignation of PM and acting President Ariel Henry. Kidnappings and murder are on the rise — more than 200 were killed in just 10 days last month — and Haitians are increasingly worried about their mere survival. Henry has been in power since the assassination of President Jovenel Moïse in July 2021, and many suspect that Henry was somehow behind the hit. At least one protester has reportedly died in this week’s demonstrations, and things could quickly grow worse. Some 50% of Haitians are living in poverty, struggling to keep up with inflation upwards of 30%, and saying: enough is enough.
What would you do if you were staring down the barrel of default and your sworn enemy – who you’re trying to send to jail – was threatening mass unrest? Get out of Dodge, ask for money, and hope the political drama boils over before you return. That's what embattled Pakistani PM Shebhaz Sharif likely hopes to accomplish this week during his visit to Qatar. In Doha, Sharif will offer deals for Qatar to buy shares in Pakistani state-owned businesses like the national airline and — checks notes — the Roosevelt Hotel in New York City, as well as opportunities to sell Pakistan more energy. More importantly, Sharif's trip comes ahead of next week's big meeting to secure a $1.2 billion IMF bailout negotiated in 2019 by ... his predecessor Imran Khan, Sharif's other big headache. Khan, who was ousted in an April no-confidence vote, has been charged with violating the anti-terror act for threatening the judiciary in a fiery speech. The former PM has been summoned to appear before the court to answer the charge on Aug. 31, and Khan's supporters have responded by surrounding his residence to thwart his potential arrest. If the former cricket star is convicted, he faces a prison term and lifetime disqualification from politics.
US President Donald Trump listens to a question from a reporter prior to signing an executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence, US Sen. Ted Cruz (R-TX), US Commerce Secretary Howard Lutnick, and David Sacks, chair of the President's Council of Advisors on Science and Technology, in the Oval Office at the White House in Washington, D.C., USA, on December 11, 2025.
Artificial intelligence and Donald Trump's foreign policy are creating huge tail risks for markets.
Last week, Microsoft released a new report offering an in-depth look at AI adoption across the United States, with state- and county-level insights for the first time. While more than 30 percent of working-age Americans now use AI tools, adoption remains uneven across regions, with significantly higher usage in urban areas and communities tied to universities. The findings point to a broader challenge: without stronger access to infrastructure, skills, and education, AI’s benefits risk remaining concentrated rather than broadly shared. Read the full blog here.
The maker of the large-language model Claude became the latest AI giant to file to go public.
Hundreds took to the streets in Kenya after the US announced plans to build an Ebola quarantine center on a Kenyan air base, with protesters warning the facility risks introducing a disease the country has never recorded. President Ruto is defending the project.