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US debt default would be "destabilizing," says World Bank's David Malpass
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US debt default would be "destabilizing," says World Bank's David Malpass

The debate in the US Congress around the debt limit and a potential default is like spending money on a credit card but refusing to pay the bill, according to David Malpass, outgoing president of The World Bank Group.

Election officials display a ballot paper while sorting and counting votes after polls close at a polling station during Zambia's general elections.
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Election crisis in one of Africa’s most stable democracies, Mecca agreement may get another signee, SCOTUS sides with Trump on mail-in ballots

The mineral-rich southern African nation of Zambia is slipping into political crisis following last week’s disputed election, in which incumbent President Hakainde Hichilema won a second five-year term.