Government budgets

South Africa is in the midst of crisis. So why did its government want to spend a reported $58 million on sponsoring a UK soccer club? | CNN

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South Africa is in the midst of crisis. So why did its government want to spend a reported $58 million on sponsoring a UK soccer club? | CNN

CNN  —  When plans for the South African government’s tourism board to sponsor English Premier League club Tottenham Hotspur were leaked and then confirmed last week, they caused widespread public anger. The controversial sponsorship deal, which has been conditionally approved but not yet finalized, is reported to be around $58 million (R1 billion). But South … Read more

What midterm elections could mean for the US economy | CNN Business

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What midterm elections could mean for the US economy | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  Tuesday’s midterm elections come at a time of economic vulnerability for the United … Read more

Turkey’s earthquake caused $34 billion in damage. It could cost Erdogan the election | CNN

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Turkey’s earthquake caused $34 billion in damage. It could cost Erdogan the election | CNN

Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN  —  The devastating earthquake that hit Turkey on February 6 killed at least 45,000 people, rendered millions homeless across almost a dozen cities … Read more