Tunisia's President Fires Another Premier as Economy Languishes
New York Subway Ditches MetroCard After 32 Years for Tap-And-Go
Despite Cost-Cutting Moves, Trump Plans to Remake DC in His Style
LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs
Amtrak CEO Departs Amid Threats of a Transit Funding Pullback
NYC Plans for Flood Protection Without Federal Funds
President Kais Saied appointed his equipment and housing minister, Sarra Zaafrani Zenzri, as the new premier, according to a statement from his cabinet.
A German-educated engineer, Zenzri is the second woman to head Tunisia's government.
She replaces Kamel Madouri, who was appointed in August 2024. In the statement, the president said he hoped the change would allow for better coordination of government efforts.
Madouri was Tunisia's third prime minister since 2022, when Saied reformed the constitution to formalize near total powers he assumed a year earlier.
The Tunisian president has ordered authorities to tap funding from the central bank to help repay foreign creditors after he ditched talks with the International Monetary Fund for a $1.9 billion bailout program in 2023.
Tunisia's €700 million ($759 million) of bonds maturing in July next year trade at a yield of around 9.8%, high relative to most other governments.
Funding from the likes of Saudi Arabia and Afreximbank has helped bolster the country's finances in recent years. In late February, Moody's Ratings upgraded Tunisia's rating to Caa1 from Caa2 — leaving it still well within junk territory. It cited lower external-financing requirements and stronger foreign-exchange buffers.
The country has faced deepening economic and political malaise since experiencing the first of the Arab Spring revolts in 2011. Financing needs surged, mostly to provide public sector jobs and meet a key demand of the revolutionaries.
A New 'China Shock' Is Destroying Jobs Around the World
Tesla's Gamble on MAGA Customers Won't Work
How TD Became America's Most Convenient Bank for Money Launderers
The Real Reason Trump Is Pushing 'Buy American'
One Man's Crypto Windfall Is Funding a $1 Billion Space Station Dream
©2025 Bloomberg L.P.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
14 minutes ago
- Yahoo
Judge Dismisses Donald Trump's Lawsuit Against Bob Woodward, Simon & Schuster And Paramount Global
A federal judge tossed out Donald Trump's lawsuit against Bob Woodward, Simon & Schuster and Paramount Global over the legendary investigative journalist's use of his recordings of interviews with the president for an audiobook. In his 2023 lawsuit, Trump had claimed that he had a copyright and contract interest in the audio recordings, interviews which were initially used in Woodward's book Rage, a bombshell that was published in 2020. The audiobook, The Trump Tapes, was released in 2022. More from Deadline Donald Trump Files Suit Against Rupert Murdoch, Dow Jones Over Wall Street Journal's Jeffrey Epstein Story Adam Schiff Talks Of Donald Trump's "Climate Of Fear" In 'Late Show' Guest Appearance; Senate Democrats Raise Questions Of CBS Cancellation - Update Late-Night TV Is On The Precipice After CBS Axes Stephen Colbert; Insiders Lament "End Of An Era" U.S. District Judge Paul Gardephe ruled, among other things, that Trump's legal claim does not 'plausibly allege' that he was the joint author of The Trump Tapes or has a copyright interest in them. Trump had claimed that even though he played no role in coming up with the questions, he had a copyright interest in the responses, the judge noted. The judge wrote that 'The Supreme Court has instructed, under the Copyright Act, 'the author is the party who actually creates the work, that is, the person who translates an idea into a fixed, tangible expression entitled to copyright protection.'' Trump had cited a Feb. 28, 2023 copyright registration he obtained, where he was designated as the joint author with Woodward. But the judge wrote that 'while copyright registration may constitute prema facie evidence of ownership, where there are conflicting and adverse copyright registrations, the Copyright Office does not resolve the competing claims, and courts are called upon to make 'an independent determination of copyright ownership.' Woodward and Simon & Schuster had a copyright registration from Feb. 23, 2023. The judge will allow Trump to amend his complaint, with a deadline of Aug. 18. But he wrote that he found it 'unlikely' that Trump would be able to plead a 'plausible' copyright interest in The Trump Tapes. Paramount Global sold Simon & Schuster to KKR in 2023, but the company remained a defendant in the case. Trump went on to sue Paramount Global shortly before the 2024 election, over the way that CBS News' 60 Minutes edited an interview with Kamala Harris. Paramount Global reached a $16 million settlement with Trump earlier this month, even though its attorneys had previously called the president's lawsuit without merit. The company is seeking Trump administration approval of its merger with Skydance. Best of Deadline Streamer Subscription Prices And Tiers – Everything To Know As Costs Rise And Ads Abound (Hello, Peacock) - Update 'Stick' Release Guide: When Do New Episodes Come Out? 'Stick' Soundtrack: All The Songs You'll Hear In The Apple TV+ Golf Series
Yahoo
14 minutes ago
- Yahoo
Livestock Improvement Reports Full Year 2025 Earnings
Livestock Improvement (NZSE:LIC) Full Year 2025 Results Key Financial Results Revenue: NZ$295.1m (up 10% from FY 2024). Net income: NZ$30.6m (up 296% from FY 2024). Profit margin: 10% (up from 2.9% in FY 2024). The increase in margin was driven by higher revenue. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Livestock Improvement's share price is broadly unchanged from a week ago. Risk Analysis It is worth noting though that we have found 4 warning signs for Livestock Improvement (2 are concerning!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.


USA Today
15 minutes ago
- USA Today
Guardians president responded to Trump's random tirade about name change
At this present moment in time, you might think Donald Trump would realize he has bigger fish to fry than ranting and raving about professional sports teams changing their nicknames to decidedly non-racist labels. And, well, you'd probably be right. But that didn't stop the 47th U.S. President from going on an arbitrary (and pretty nonsensical, with all things considered) diatribe about how American sports teams like the Washington Commanders and Cleveland Guardians should revert back to their old, decidedly racist nicknames. Somewhere along the way, Trump invented the concept of an "original six" in baseball out of thin air (which doesn't exist and is actually an NHL concept) to invoke the Guardians, for which an "original six" label wouldn't even apply. Again, it really seems like Trump may be brazenly trying to drum up some sort of cannon fodder grievance to distract from other, more pressing issues. I mean, I'm just saying that I wouldn't rule it out, is all. Shortly after Trump's Sunday morning shot in the dark, er, I mean, testimonial, Guardians president Chris Antonetti responded to his reference about the franchise's name. In short, Antonetti politely declined, citing an "opportunity to build the [Guardians'] brand" while being "excited" for the future. You know what the amusing kicker is here? It would take years for the Guardians, or anyone in a similar position, to go back and earnestly rebrand. It's not as if it's some overnight, effortless operation that can be done on someone's whim. How long have the Cleveland Guardians had their current nickname? After years of backlash, in late 2020, the Guardians revealed they would drop their old "Indians" nickname after the conclusion of the 2021 season. They have been the Guardians ever since. It was the eighth official name change in franchise history for an organization that officially started as the Columbus Buckeyes/Senators in 1896. It was the fifth name change since they started calling Cleveland home in 1900.