In a new escalation against the media, Egyptian authorities have arrested and pressed terrorism charges against six journalists who make up the editorial staff of Matsaddash, the country’s leading fact-checking platform. Since their arrest in late September, some of them have allegedly been tortured, the outlet and its legal team said. Human rights groups and press freedom advocates described the events as unprecedented and as an example of the limits on information in Egypt.

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Today's trade flows resemble a windy waterpark slide more than the traditional waterway superhighway. The three-dimensional chess game being played by ocean carriers and tankers has delivered big bucks in day rates, container rates, and surcharges. But there is a group of winners not currently being highlighted.

The African Union (AU) on Wednesday launched a continental credit rating agency aimed at providing risk assessments that it says will be more credible and realistic than those produced by the major international rating agencies. The goal is to lower Africa’s borrowing costs and support the continent’s development and industrialization. To that end, the African Credit Rating Agency (AfCRA), which will be headquartered in Port Louis, the capital of Mauritius, will operate as a private and independent entity, with no ownership stake held by the AU or any government.

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