Reporting by Diadie Ba; Writing by Anait Miridzhanian; Editing by Richard Chang
West Africa Central Bank raises rate following Niger coup – Reuters
DAKAR, Sept 6 (Reuters) – West Africa’s Central Bank, BCEAO, hiked its main lending rate on Wednesday in the wake of another military coup that has rocked the region and caused trade blocks between countries.In Niger, the central bank’s member state, a military junta seized power on July 26 in the seventh military takeover since 2020 in West and Central Africa.The bank will raise the rate by 25 basis points to 3.25% from Sept. 16 against a backdrop of growing regional uncertainty and persistent inflationary pressures, it said in a statement.”The increase in key rates is therefore intended to anticipate and contain the impact of these risk factors on the Union’s macroeconomic outlook,” the BCEAO said.Over the coming months, the monetary policy committee will analyse risks surrounding the outlook and, if necessary, take appropriate measures to ensure stability, the BCEAO said.Following the coup, the bank shut down its branches, citing risks to operations.The military takeover could further complicate Western efforts to help countries in the Sahel region fight a jihadist insurgency that has spread from Mali over the past decade.The Central Bank of the eight-nation West African CFA franc zone covers Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo.Reporting by Diadie Ba; Writing by Anait Miridzhanian; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles. Acquire Licensing Rights, opens new tab
DAKAR, Sept 6 (Reuters) – West Africa’s Central Bank, BCEAO, hiked its main lending rate on Wednesday in the wake of another military coup that has rocked the region and caused trade blocks between countries.
In Niger, the central bank’s member state, a military junta seized power on July 26 in the seventh military takeover since 2020 in West and Central Africa.
The bank will raise the rate by 25 basis points to 3.25% from Sept. 16 against a backdrop of growing regional uncertainty and persistent inflationary pressures, it said in a statement.
“The increase in key rates is therefore intended to anticipate and contain the impact of these risk factors on the Union’s macroeconomic outlook,” the BCEAO said.
Over the coming months, the monetary policy committee will analyse risks surrounding the outlook and, if necessary, take appropriate measures to ensure stability, the BCEAO said.
Following the coup, the bank shut down its branches, citing risks to operations.
The military takeover could further complicate Western efforts to help countries in the Sahel region fight a jihadist insurgency that has spread from Mali over the past decade.
The Central Bank of the eight-nation West African CFA franc zone covers Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo.
Our Standards: The Thomson Reuters Trust Principles.
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arts and culture
Bahraini archaeology yields insight about the movement of religion – The National
The subject of this year’s prestigious Beatrice de Cardi lectures, held at the Society of Antiquaries of London, was the archaeological discoveries over the past 22 years in Bahrain.In 2001, the Crown Prince and Prime Minister of Bahrain, Salman bin Hamad Al Khalifa, established the Anglo-Bahraini Early Islamic Bahrain Project to understand how Islam travelled across the country that, as an island nation, was a key stepping point between the Arabian peninsula and Persia and East Asia.“The state of archaeology in Bahrain has always been very good, but the Islamic period was neglected,” says Timothy Insoll, the Al-Qasimi professor of African and Islamic Archaeology at the University of Exeter, who delivered the lecture. “I think it was in part to do with the fact that people think [Islam] is what we are now – so why is it important archaeologically?”Islam was also not a preferred subject of study for most European or American teams, who tended to excavate periods they perceived more of a connection to such as early Christianity or Greco-Roman sites – whether in Bahrain or other locations across the Islamic world, such as Afghanistan.Insoll and his teams worked to fill in these missing gaps to try and understand what happened from around 7th to 11th centuries when the inhabitants of Bahrain converted to Islam, largely from Christianity.Timothy Insoll, the Al-Qasimi Professor of African and Islamic Archaeology at the University of Exeter. Photo: Wikimedia commons In the 2010s, they found the site of Bilad Al Qadeem, which they have shown to be the centre of Islamic settlement in the 11th to 13th century AD. Excavations at the palace there divulged information about what kinds of food the inhabitants then ate, how they kept and stored water and even the environment.The presence of mollusks showed that ground was wetter and danker than the current desert. That might have brought with it its own complications – such as the spread of parasites, which Insoll and his team theorise came along trade routes. The large mangrove trees that were used to support the palace at Bilad Al Qadeem, as for other houses of the time, were imported from Madagascar and East Africa, and the diseases might have come with these beams on the ship.Insoll, working with Rachel MacLean of the University of Exeter, as well as students and other archaeologists, opened a small museum in 2016 to display some of the extraordinary funerary monuments they discovered, with their finely carved calligraphy attesting to the names of the men and women buried there.A small park, which is coming soon, will integrate a canal from the time of Bilad Al Qadeem into the recreational environs, drawing on its 1,000-year-old ability to cool the air and circulate water.Insoll also identified a number of changes over the past two decades of working in the Gulf – most notably, an expansion of who has been involved in the field.Previously “it was all foreigners, parachuting [into the Gulf] and doing their monthly fieldwork, and then publishing in journals like these,” he explained, gesturing at the leather-bound volumes in the Society of Antiquaries’ library. “Archeology wasn’t engaging with the local population or building capacity among local students. And this has been a change throughout the Gulf – and now in Saudi with Vision 2030.”Insoll’s team now includes Salman Almahari of the Bahrain Authority for Culture and Antiquities – the first Bahraini to achieve a PhD in archaeology.They also discovered another site showing the fertile crossover of religions in Bahrain, such as Samahij, a Nestorian Christian dwelling from the 7th century. Found on the isle of Muharraq, just off the coast of the country, signs in the site heavily suggest Christian habitation, such as the outline of a fish etched into one of the walls and ceramics bearing the sign of the cross.Local Bahrainis helped the archeologists identify some of the food sources, such as the fish that were very similar to those of the present day.“The notion of partnership is extremely important, and that’s pushing archaeology to the next level,” says Insoll. “We are now integrating the local voice – people saying I remember this site 50 years ago, this is what was here then. Why don’t you go and excavate here, or I understand this type of structure or material – like the madbasa, a room that was used for fermenting dates.“The world is changing, and archaeology should reflect that. And archaeology is a lot richer for it.”Updated: September 23, 2023, 7:07 AM
The subject of this year’s prestigious Beatrice de Cardi lectures, held at the Society of Antiquaries of London, was the archaeological discoveries over the past 22 years in Bahrain.
In 2001, the Crown Prince and Prime Minister of Bahrain, Salman bin Hamad Al Khalifa, established the Anglo-Bahraini Early Islamic Bahrain Project to understand how Islam travelled across the country that, as an island nation, was a key stepping point between the Arabian peninsula and Persia and East Asia.
“The state of archaeology in Bahrain has always been very good, but the Islamic period was neglected,” says Timothy Insoll, the Al-Qasimi professor of African and Islamic Archaeology at the University of Exeter, who delivered the lecture. “I think it was in part to do with the fact that people think [Islam] is what we are now – so why is it important archaeologically?”
Islam was also not a preferred subject of study for most European or American teams, who tended to excavate periods they perceived more of a connection to such as early Christianity or Greco-Roman sites – whether in Bahrain or other locations across the Islamic world, such as Afghanistan.
Insoll and his teams worked to fill in these missing gaps to try and understand what happened from around 7th to 11th centuries when the inhabitants of Bahrain converted to Islam, largely from Christianity.
In the 2010s, they found the site of Bilad Al Qadeem, which they have shown to be the centre of Islamic settlement in the 11th to 13th century AD. Excavations at the palace there divulged information about what kinds of food the inhabitants then ate, how they kept and stored water and even the environment.
The presence of mollusks showed that ground was wetter and danker than the current desert. That might have brought with it its own complications – such as the spread of parasites, which Insoll and his team theorise came along trade routes. The large mangrove trees that were used to support the palace at Bilad Al Qadeem, as for other houses of the time, were imported from Madagascar and East Africa, and the diseases might have come with these beams on the ship.
Insoll, working with Rachel MacLean of the University of Exeter, as well as students and other archaeologists, opened a small museum in 2016 to display some of the extraordinary funerary monuments they discovered, with their finely carved calligraphy attesting to the names of the men and women buried there.
A small park, which is coming soon, will integrate a canal from the time of Bilad Al Qadeem into the recreational environs, drawing on its 1,000-year-old ability to cool the air and circulate water.
Insoll also identified a number of changes over the past two decades of working in the Gulf – most notably, an expansion of who has been involved in the field.
Previously “it was all foreigners, parachuting [into the Gulf] and doing their monthly fieldwork, and then publishing in journals like these,” he explained, gesturing at the leather-bound volumes in the Society of Antiquaries’ library. “Archeology wasn’t engaging with the local population or building capacity among local students. And this has been a change throughout the Gulf – and now in Saudi with Vision 2030.”
Insoll’s team now includes Salman Almahari of the Bahrain Authority for Culture and Antiquities – the first Bahraini to achieve a PhD in archaeology.
They also discovered another site showing the fertile crossover of religions in Bahrain, such as Samahij, a Nestorian Christian dwelling from the 7th century. Found on the isle of Muharraq, just off the coast of the country, signs in the site heavily suggest Christian habitation, such as the outline of a fish etched into one of the walls and ceramics bearing the sign of the cross.
Local Bahrainis helped the archeologists identify some of the food sources, such as the fish that were very similar to those of the present day.
“The notion of partnership is extremely important, and that’s pushing archaeology to the next level,” says Insoll. “We are now integrating the local voice – people saying I remember this site 50 years ago, this is what was here then. Why don’t you go and excavate here, or I understand this type of structure or material – like the madbasa, a room that was used for fermenting dates.
“The world is changing, and archaeology should reflect that. And archaeology is a lot richer for it.”
Updated: September 23, 2023, 7:07 AM
Southern Africa
South Africa vs Ireland LIVE Updates: Score, Stream Info, Lineups and How to Watch Rugby World Cup – VAVEL.com
South Africa vs Ireland LIVE Updates: Score, Stream Info, Lineups and How to Watch Rugby World Cup | 09/23/2023 – VAVEL USA
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Southern Africa
South Africa vs Ireland LIVE Updates: Score, Stream Info, Lineups and How to Watch Rugby World Cup – VAVEL.com
South Africa vs Ireland LIVE Updates: Score, Stream Info, Lineups and How to Watch Rugby World Cup | 09/23/2023 – VAVEL USA
Follow game South Africa vs Ireland updates coverage, stream information, score and result online, prediction, TV channel, lineups and time of the Rugby World Cup. Match will start at 8 am ET on September 23rd 2023SpringboksADVERTISEMENT60 LIVE UPDATES More Sports News
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arts and culture38 mins ago
Bahraini archaeology yields insight about the movement of religion – The National
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South Africa vs Ireland LIVE Updates: Score, Stream Info, Lineups and How to Watch Rugby World Cup – VAVEL.com
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South Africa vs Ireland LIVE Updates: Score, Stream Info, Lineups and How to Watch Rugby World Cup – VAVEL.com
Stand Out From The Crowd - A Marketing Tip By ZimMarket
Stand Out From The Crowd
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