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Mugabe Admits ‘Mistakes’, But Refuses To Resign In Defiant Speech

Update 8:  Bloomberg is reporting that Zimbabwe’s ruling party will proceed Monday with its plans to impeach President Robert Mugabe after the long-term leader refused to resign Sunday evening, as was expected. Bloomberg's sources said Mugabe’s speech, including a vow to preside over the party conference in December, deviated from an earlier agreement with military […]


Watch Live: Mugabe Agrees To Step Down, Ending Historic 37-Year Reign

Update 5: Here's the live feed for Mugabe's speech, which is being broadcast on the state TV channel: * * * Update 4: Reuters is reporting that Robert Mugabe has reluctantly agreed to resign the presidency of Zimbabwe after 37 years in power. His decision comes after members of his own party voted to oust […]


“The President Is Gone” – Zimbabwe Ruling Party Officially Ousts Mugabe

A day after thousands of demonstrators took to the streets of Harare to celebrate the imminent removal of Robert Mugabe, the country’s 93-year-old dictator who’d been effectively deposed during a surprise coup earlier this week, the country’s ruling party has officially voted to remove him from office and install his former deputy, Emmerson Mnangagwa, as […]


Futures Jump, Global Stocks Rebound From Longest Losing Streak Of The Year

After five consecutive daily losses on the MSCI world stock index and seven straight falls in Europe, there was finally a bounce, as investors returned to global equity markets in an optimistic mood on Thursday, sending US futures higher after several days of losses as global stocks rebounded following a Chinese commodity-driven rout.  The House […]


Military Coup Reportedly Under Way In Zimbabwe

Zimbabwe is on edge amid speculation that a military coup is in progress, with army tanks seen outside the capital a day after the army commander threatened to “step in” to calm political tensions over the president’s firing of his vice president. The Associated Press said it saw three tanks with several soldiers in a […]