Namibia has elected its first female leader, Vice President Netumbo Nandi-Ndaitwah, with the ruling SWAPO party maintaining power for 34 years. Despite technical issues during the election, Nandi-Ndaitwah won with 57% of the vote, while opposition parties plan to challenge the results in court. The Independent Patriots for Change party led by Panduleni Itula came second in the presidential election and criticized the vote’s management, pledging to challenge the results.
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Falling Australian dollar spells bad news for travellers and shoppers
The value of the Australian dollar plummeted to 59.64 US cents, the lowest since April 2020, leading to a $160bn drop in the ASX market opening. Consumers and travelers can expect higher prices as the currency's decline is linked to fears of a global recession following Donald Trump's tariff plan, impacting trade partners and causing record lows against the Euro, pound, and US dollar. Full Article
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