derail

IMF Conditions Leave President Chapo Facing Political Costs and Economic Uncertainty President Daniel Chapo's bid to secure a new International Monetary Fund (IMF) loan — a linchpin he hoped would catalyze foreign investment and stabilise the country's ailing economy — has stalled after the IMF board set strict preconditions. The fund has demanded major fiscal reforms and a devaluation of the local currency as prerequisites for any agreement, a package that analysts say will be politically fraught for Chapo's ruling Frelimo…

At least 10 people were killed and several others injured when two passenger trains collided in southern Spain after one derailed near the town of Adamuz in the province of Córdoba, emergency services said. A police spokesman initially reported five dead but later raised the toll to 10. Authorities said more casualties were likely as rescue crews worked through mangled carriages and debris at the crash site. Spain’s rail infrastructure manager, ADIF, said a Málaga-to-Madrid service derailed and crossed onto the opposite…

At least 60 people died after a freight train derailed in the Democratic Republic of Congo (DRC), an official said on Saturday. The accident occurred late on Friday in Lubudi's territory in Lualaba province. "Preliminary assessment indicates that seven bodies were found by the families, 53 others are still at the scene of the accident," Jean-Serge Lumu, a provincial official, told reporters. Many of the injured, including a child under the age of 2 whose parents died in the accident, were taken to the…