World

Equatorial Guinea president to run again to extend 43-year rule

2022.09.23 18:41

[ad_1]


© Reuters. FILE PHOTO: Equatorial Guinea President Teodoro Obiang Nguema Mbasogo attends a plenary session of the Paris Peace Forum, France November 12, 2019. Ludovic Marin/Pool via REUTERS/File Photo

By Edward McAllister

DAKAR (Reuters) – The world’s longest-standing leader, President Teodoro Obiang of Equatorial Guinea, will run for office again in November elections, his party announced on Friday, likely extending a 43-year tenure that began when he snatched power in a 1979 coup.

The rule of Obiang, 80, has been marked by torture of political opponents, sham elections, and corruption, rights groups and foreign powers say. Obiang denies such charges.

Under him, the West African country has become increasingly reclusive and reliant on oil and gas, which provide about three quarters of state revenues. The money lines the pockets of those close to the president while the majority of the nation lives in poverty, rights groups say.

His son, Vice-President Teodoro Nguema Obiang Mangue, a jet-setter with a love for parties, fast cars, and jewelry, and who was convicted of embezzlement by a French court in 2020, said on Twitter (NYSE:) on Friday that his father had been nominated to run again “due to his charisma, leadership and political experience”.

Another term will bring fresh challenges. The economy was knocked back by COVID-19 and a drop in oil prices, although the Ukraine war and the resulting need for non-Russian oil and gas may help spur growth.

Widespread poverty remains. That was laid bare when a series of explosions at an army barracks flattened a part of the coastal city of Bata last year, killing about 100 people and triggering an aid response from former colonial power Spain.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 97,152.03 1.33%
ethereum
Ethereum (ETH) $ 2,687.31 2.27%
xrp
XRP (XRP) $ 2.57 5.59%
tether
Tether (USDT) $ 1.00 0.02%
bnb
BNB (BNB) $ 648.89 1.13%
solana
Solana (SOL) $ 172.17 1.47%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.246664 3.17%
cardano
Cardano (ADA) $ 0.775882 3.60%
staked-ether
Lido Staked Ether (STETH) $ 2,682.68 2.39%
tron
TRON (TRX) $ 0.239626 2.28%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,986.99 1.12%
chainlink
Chainlink (LINK) $ 17.72 3.48%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,201.44 1.98%
sui
Sui (SUI) $ 3.36 2.27%
avalanche-2
Avalanche (AVAX) $ 24.61 1.78%
stellar
Stellar (XLM) $ 0.329125 5.57%
litecoin
Litecoin (LTC) $ 129.67 0.37%
the-open-network
Toncoin (TON) $ 3.66 1.23%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 1.52%
leo-token
LEO Token (LEO) $ 9.73 0.47%
hedera-hashgraph
Hedera (HBAR) $ 0.212816 4.34%
hyperliquid
Hyperliquid (HYPE) $ 25.04 0.93%
usds
USDS (USDS) $ 1.00 0.22%
polkadot
Polkadot (DOT) $ 5.15 1.83%
weth
WETH (WETH) $ 2,690.95 2.16%
mantra-dao
MANTRA (OM) $ 7.58 0.90%
bitcoin-cash
Bitcoin Cash (BCH) $ 319.78 1.77%
ethena-usde
Ethena USDe (USDE) $ 0.998852 0.18%
bitget-token
Bitget Token (BGB) $ 4.72 3.75%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,850.92 2.14%
uniswap
Uniswap (UNI) $ 8.94 5.05%
monero
Monero (XMR) $ 231.37 0.19%
near
NEAR Protocol (NEAR) $ 3.38 1.02%
whitebit
WhiteBIT Coin (WBT) $ 27.51 0.30%
pepe
Pepe (PEPE) $ 0.000009 2.18%
bittensor
Bittensor (TAO) $ 448.41 0.88%
aave
Aave (AAVE) $ 247.69 5.14%
ondo-finance
Ondo (ONDO) $ 1.15 8.04%
aptos
Aptos (APT) $ 6.15 3.27%
dai
Dai (DAI) $ 0.999517 0.04%
internet-computer
Internet Computer (ICP) $ 7.06 0.59%
official-trump
Official Trump (TRUMP) $ 16.16 4.72%
ethereum-classic
Ethereum Classic (ETC) $ 20.51 2.27%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.59 1.68%
mantle
Mantle (MNT) $ 0.854196 17.54%
okb
OKB (OKB) $ 49.08 1.16%
gatechain-token
Gate (GT) $ 22.72 0.50%
susds
sUSDS (SUSDS) $ 1.04 0.08%
sonic-3
Sonic (prev. FTM) (S) $ 0.856353 0.85%