Madagascar: Colonel Michael Randrianirina prepares to lead after a coup

The new military leader of Madagascar, Colonel Michael Randrianirina, announced that he will be sworn in as president on Friday and said he was open to dialogue with the African Union, after the African Union suspended the country from its organization following a coup that overthrew the civil president Andry Rajoelina.

Andry Rajoelina, dismissed by parliamentarians after having fled abroad over the weekend, condemned this takeover and refused to resign, despite protests by Generation Z youth calling for his departure and massive defections from the security forces.

“Colonel Michael Randrianirina will be sworn in as As President for the Refoundation of the Republic of Madagascar during a solemn hearing,” Randrianirina said in a statement released late Wednesday, specifying that the High Constitutional Court will proceed with the ceremony.

The African Union announced the immediate suspension on Wednesday of Madagascar, calling for the return to civilian government and organization of elections.

Depreciation of Peso: Argentina should broaden the fluctuation band

Argentina should probably change its policy of Change to allow a depreciation of the peso after the mid-term elections this month, analysts and investors warn. According to them, the band of The current fluctuation is not sustainable, and the support of the United States would only offer a temporary respite to the fragile currency.

The United States is currently buying pesos and are working to set up a credit facility for Argentina, conditional on a solid performance by the president's La Libertad Avanza party Javier Milei during the election on October 26 and in the pursuit of his policy of drastic reduction in spending, deregulation and market promotion free.

This American support increases the challenges of the next adjustment of economic policy in Argentina. The party in power must strengthen its presence in Parliament to prevent opponents from passing in addition to Milei's vetoes on spending plans and to limit her dependence on governance by decree.

Gaza: Preparations for the opening of the Rafah crossing are under

The Israeli military aid agency, Cogat, said Thursday only preparations to open the Rafah crossing point for Gaza were under way with Egypt, with the date to be announced at a later date.

Israel had previously threatened to maintain the point of Rafah crossing closed and to limit the delivery of aid into the enclave Palestinian, believing that Hamas was taking too long to hand over the bodies dead hostages.

Under the ceasefire signed last week under under the aegis of the United States, the Palestinian armed group, which has already liberated the living hostages, must hand over the remains of the deceased to the Jewish State.

Suspicions of fraud: The Hungarian Central Bank refers to the police

The Central Bank of Hungary has filed a complaint with the police concerning the renovation of their headquarters, citing suspicions of fraud, negligence, and other irregularities that resulted in harm financial, the institution announced on Thursday.

In March, the Hungarian Court of Auditors published a report on the central bank's real estate investments, amounting to several hundred million dollars under the leadership of the former governor Gyorgy Matolcsy. According to this report, these operations lacked adequate controls and supervision.

Governor Mihaly Varga, former finance minister of Prime Minister Viktor Orban and Matolcsy's successor since April, has seized the police following the findings of an independent investigation commissioned by the bank's supervisory board.

IN SHORT

The Ukrainian army announced on Thursday that it had carried out a strike against the oil refinery in Saratov, Russia, during the night, according to a statement published on Telegram by the Ukrainian General Staff.

Hong Kong accounting regulator fines 1.6 million Hong Kong dollars to PricewaterhouseCoopers and two others firms for deficiencies identified during audits

France has been eliminated On penalty kicks by Morocco in the semifinals of the World Under 20. Tenus In a 1-1 draw after extra time, Les Bleuets lost 5 shots at Goal at 4, the last French attempt being repelled by the third Moroccan goalkeeper, who came into play for the decisive session.