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) $ 98,466.38 2.41%
ethereum
Ethereum (ETH) $ 2,753.73 1.54%
xrp
XRP (XRP) $ 2.71 1.73%
tether
Tether (USDT) $ 1.00 0.05%
bnb
BNB (BNB) $ 656.70 0.81%
solana
Solana (SOL) $ 174.72 3.51%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.254396 0.99%
cardano
Cardano (ADA) $ 0.810357 6.57%
staked-ether
Lido Staked Ether (STETH) $ 2,752.00 1.44%
tron
TRON (TRX) $ 0.245175 0.74%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,113.29 2.34%
chainlink
Chainlink (LINK) $ 18.36 2.56%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,279.87 1.39%
sui
Sui (SUI) $ 3.44 8.38%
stellar
Stellar (XLM) $ 0.34703 3.84%
avalanche-2
Avalanche (AVAX) $ 25.17 6.38%
litecoin
Litecoin (LTC) $ 128.04 5.47%
hedera-hashgraph
Hedera (HBAR) $ 0.220935 2.48%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 1.59%
the-open-network
Toncoin (TON) $ 3.62 2.40%
leo-token
LEO Token (LEO) $ 9.70 0.14%
usds
USDS (USDS) $ 0.99997 0.03%
weth
WETH (WETH) $ 2,752.32 1.53%
hyperliquid
Hyperliquid (HYPE) $ 24.58 1.87%
polkadot
Polkadot (DOT) $ 5.05 3.99%
mantra-dao
MANTRA (OM) $ 7.49 1.49%
bitcoin-cash
Bitcoin Cash (BCH) $ 325.02 1.08%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.16%
uniswap
Uniswap (UNI) $ 9.35 1.91%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,914.65 1.42%
bitget-token
Bitget Token (BGB) $ 4.52 6.70%
monero
Monero (XMR) $ 229.79 4.14%
near
NEAR Protocol (NEAR) $ 3.43 9.20%
pepe
Pepe (PEPE) $ 0.00001 3.33%
whitebit
WhiteBIT Coin (WBT) $ 27.43 0.98%
aave
Aave (AAVE) $ 262.17 4.08%
ondo-finance
Ondo (ONDO) $ 1.24 3.34%
bittensor
Bittensor (TAO) $ 456.89 11.33%
aptos
Aptos (APT) $ 6.30 1.88%
dai
Dai (DAI) $ 1.00 0.01%
mantle
Mantle (MNT) $ 1.04 0.70%
internet-computer
Internet Computer (ICP) $ 7.13 4.02%
official-trump
Official Trump (TRUMP) $ 16.89 0.29%
ethereum-classic
Ethereum Classic (ETC) $ 20.94 0.52%
susds
sUSDS (SUSDS) $ 1.04 0.16%
okb
OKB (OKB) $ 49.65 0.07%
tokenize-xchange
Tokenize Xchange (TKX) $ 36.98 5.38%
gatechain-token
Gate (GT) $ 22.84 1.34%
kaspa
Kaspa (KAS) $ 0.106331 1.20%