Mnuchin: U.S. stands ready to slap sanctions on Turkey

Estonia's recently-elected president is urging caution over the situation at Belarus's borders with the European Union. Thousands of migrants hoping to enter the EU and claim asylum there, mainly from the Middle East, are camped at the borders. Asked by FRANCE 24 how dangerous he judges the tensions to be, Alar Karis said: "I think it's a threat. It's a border of the EU and of a NATO state. We should be very careful and cautious about what's going on Of course the sad thing is that there are innocent people in between that they are using as a shield."

The Turkish lira hit new lows against the US dollar and euro. Analysts place the blame on the low interest rates and the cheap money policies preferred by President Recep Tayyip Erdogan.

United Arab Emirates General Ahmed Naser al-Raisi has criminal complaints against him in five countries. The decision was announced amid the global law enforcement agency's annual gathering in Istanbul.

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Opposition leader and former president Mikheil Saakashvili says charges against him for his role in suppressing a 2007 protest are "trumped up." Amnesty International called his arrest "political revenge."

President Muhammadu Buhari on Wednesday hosted his South African counterpart, Cyril Ramaphosa, in the Presidential Villa Abuja.⁣ ⁣The South African President who is accompanied by a delegation of ministers and business leaders is on a state visit expected to reinforce South Africa’s bilateral relations with Nigeria as well as strengthen partnerships directed at African development and cooperation in multilateral forums.⁣

Turkey's Finance Minister, Lutfi Elvan, has resigned amid another plunge in the value of the country's currency, the lira. He is being replaced by his deputy, Nureddin Nebati, who supports President Recep Tayyip Erdogan's controversial economic policies. The lira has lost almost half of its value this year as Erdogan has pushed for low interest rates, despite rising inflation. Also today, we look at how some French parents are choosing to rent toys for their children, instead of buying new ones.

The European rights body has said it will launch disciplinary action over Turkey's repeated refusal to comply with a 2019 ruling to release jailed activist Osman Kavala by the European Court of Human Rights.

Gambian President Adama Barrow has comfortably won re-election, the electoral commission said on Sunday, though he may face a legal challenge from opposition candidates who rejected the results because of unspecified irregularities. Barrow received around 53% of Saturday's vote, far outstripping his nearest rival, political veteran Ousainou Darboe, who won about 28 percent.

Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption which has made slow progress. Museveni, in power since 1986 and one of Africa's longest-serving leaders, said Uganda was working to sign a number of deals with Chinese private sector lenders in sectors from agro- and fertilizer-processing, minerals processing or textiles.

Will Jacob Zuma return to prison? South Africa's highest court orders the former president to be re-incarcerated after setting aside an earlier decision to release him on medical parole. Meanwhile, the country records close to 27,000 new Covid-19 cases, an all-time record. Plus, European football clubs say they may not release their African players to take part in the Africa Cup of Nations, amid fears surrounding the tournament's Covid-19 health protocol.