21, January 2026
US: Trump’s plane returns to air base after ‘minor’ electrical issue 0
US President Donald Trump’s plane was forced to return to an air base late Tuesday due to a “minor electrical issue” shortly after departing for Switzerland, the White House said.

Air Force One returned to Joint Base Andrews out of an abundance of caution, Press Secretary Karoline Leavitt said. It landed shortly after 11:00 pm (0400 GMT).
Journalists traveling with Trump reported that lights in the cabin went out briefly after takeoff.
Trump and his entourage will switch to another plane and continue the trip to the World Economic Forum in Davos, where the US president was expected to face off with European leaders over his bid to seize Greenland.
With its classic blue and white livery, Air Force One is arguably the world’s most iconic plane and an instantly recognizable symbol of the US presidency.
Trump has long been unhappy with the current Air Force One jets — two highly customized Boeing 747-200B series aircraft that entered service in 1990 under president George H.W. Bush.
Last year, Trump said his administration was “looking at alternatives” to Boeing following delays in the delivery of two new 747-8 aircraft.
In May, Pentagon chief Pete Hegseth accepted a Boeing 747 that the Gulf emirate of Qatar offered to Trump for use as Air Force One.
The jet — worth hundreds of millions of dollars — has raised huge constitutional and ethical questions, as well as security concerns about using an aircraft donated by a foreign power for use as the ultra-sensitive presidential plane.
Source: AFP




















27, January 2026
Dollar Bonds: The biggest risk is what Cameroon looks like post Biya 0
Cameroon became the second African nation in less than a week to sell dollar bonds, as frontier markets take advantage of risk-on sentiment to raise funds.
The central African nation priced a $750 million five-year bond at a yield of 10.125%, according to a person familiar with the matter. That compares with a yield of 10.75% on a seven-year dollar note it issued in 2024, when the country last went to market.
Cameroon is rated B-, six levels into junk, by S&P Global Ratings — the same as Nigeria, Pakistan and Angola.
Emerging markets are benefiting from investors shunning the US as geopolitical tensions rise and the independence of the Federal Reserve remains a concern. Risk premia of African frontier markets from Mozambique to Gabon have narrowed to levels below 1,000 basis points over US Treasuries in recent days, prompting nations on the continent and elsewhere to raise foreign-currency-denominated debt.
With conditions having shifted since the last time it came to market, Cameroon should have been in a “position to issue in the single digits,” according to Leo Morawiecki, an emerging-markets analyst at Abrdn Investments in London.
“The biggest risk is what Cameroon looks like post Biya,” he said in reference to the nation’s 92-year-old leader Paul Biya, who won an eighth term in October. “And its very difficult to price that into the bonds as getting a grip on Cameroonian politics is extremely difficult.”
The nation’s $550 million dollar bond due 2031 added 0.27 cents on the dollar Tuesday to 100.80 cents, pushing the yield lower by 6 basis points to 9.31%.
Benin last week sold a $500 million seven-year note at a yield of about 6.2% and an inaugural dollar-denominated sukuk. Ecuador sold $4 billion of bonds on Monday, its largest-ever issuance, in a return to global credit markets after restructuring its debt in 2020. The Democratic Republic of Congo plans a debut $750 million offering in April, the country’s finance minister told Bloomberg last week.
Seasoned eurobond issuers in Africa, such as Ivory Coast and Benin, are unlikely to care that other countries are coming to market given their years of experience, Morawiecki said. “But it likely does have a bigger impact on inaugural issuers such as DRC that look for signs of investor confidence in Africa.”
The continent’s average sovereign-risk premium over US Treasuries fell to the lowest since 2018 this month, and stood at 326 basis points on a closing basis on Monday, according to a a JPMorgan Chase & Co. index.
Source: Bloomberg