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The world is losing its fight against malaria. And a single business decision taken more than 10 years ago has made things worse. A disease that has a devastating toll in Asia and Africa and is showing up in developed countries like the US.

Researchers blame changes to a Swiss company’s bed nets for a rise in cases thousands of miles away. Cheap, durable and easy to distribute, insecticide-coated bed nets have for more than two decades been a vital tool in managing the disease. They have been credited with preventing 68% of the cases between 2000 and 2015, according to the Bill & Melinda Gates Foundation.

But in the years since, something has gone badly wrong. Read the Big Take here: https://bloom.bg/48yVtLq

📷: Chau Luong
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Ten years after a Malaysia Airlines jet and its 239 occupants disappeared mysteriously, efforts to prevent a similar case have been painfully slow.

An industrywide push to rule out a similar case has been stymied by bureaucracy, financial pressure, and a debate about who should have ultimate control of the cockpit, according to years of regulatory amendments chronicling the process.

While the industry has saved hundreds of millions of dollars in equipment costs, there remains an ocean-sized hole in aviation’s safety protocols, meaning that a doomed passenger jet in a remote corner of the planet could remain hidden forever. Read why a passenger jet could vanish again. https://bloom.bg/3wzj6pv

📷: Chaideer Mahyuddin/AFP/Getty Images
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Washington is gambling that the Lobito corridor linking Congo, Zambia and Angola will provide the battery metals to power its green transition.

Read why a $2.3 billion rail project spanning three African countries is critical to Joe Biden’s plan to boost adoption of electric vehicles. https://bloom.bg/3I7mlqP

📷: Zinyange Auntony/Bloomberg
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An exodus of star anchors. Fawning coverage of India’s political leaders. Newsroom censoring of reporters who ask the government tough questions on the economy, public policy and conflict.

These are some of the changes journalists attribute to a management shakeup at New Delhi Television, which billionaire Gautam Adani acquired more than a year ago through a hostile takeover. Ahead of India’s national elections, NDTV has morphed into a government mouthpiece, according to current and former employees.

On the face of it, India still has a vibrant media. But to many journalists, leadership changes at NDTV and diluted coverage across India illustrate how Prime Minister Modi has effectively brought to heel a once-riotous media. Newsrooms are being reshaped, they say, by India’s richest press barons, many of whom are close to the ruling party and depend on millions of advertising dollars from the government. https://bloom.bg/3SV9jBW

📷: Siddharaj Solanki/Hindustan Times/Getty Images
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Back to mining:  Christo Wiese, South Africa’s billionaire retail king, is returning to diamonds, hoping to realize a dream of unearthing "a big stone." https://bloom.bg/4bKbuAV

Operations resume:
An oil field in western Libya and a natural gas link to Italy resume after a short halt, as protesters withdraw from the facilities following assurances from the government that their demands will be met. https://bloom.bg/3OYe5xn

African bonds:
Zambia’s dollar debt jumps after its government said over the weekend that China and India, the last two nations needed to sign a deal to restructure Zambia’s debt, have done so. https://bloom.bg/49PBHwe

Watch Africa Amplified
 for a deep dive into the region’s biggest stories:
https://bloom.bg/3u0S3Cz
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Four years after the start of the pandemic, a disturbing pattern is emerging: Not only did the pandemic result in the most deaths in a century, but it also triggered a wave of deadly cardiovascular and metabolic illness. Scientists are still trying to figure out why. More here: https://bloom.bg/4bTkDqU

📷: Mario Tama/Getty Images
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🚨 FREE TO READ: Why has heart disease gotten deadlier since the pandemic?

Join us as we answer your questions about Covid's long-term effects in our free live blog here: https://bloom.bg/49PnHCt
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Key rate surges: Nigeria’s central bank announced a supersized increase in interest rates to tackle runaway inflation and stem the collapse in the country’s currency, in its first policy meeting since July. https://bloom.bg/42VPcrR

Poaching on the rise:
Rhino poachers have turned their attention to South Africa’s oldest state-run nature reserve where they killed 307 of the endangered animals last year. https://bloom.bg/3wtiulj

Chocolate costs
: Cocoa prices are at an all-time high as production in West Africa declines. Now an EU regulation meant to stop deforestation threatens to push prices even higher. https://bloom.bg/3wx2A9E

Watch Africa Amplified
for a deep dive into the region’s biggest stories:
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South Korea set a new record for the world’s lowest fertility rate. The impact of the nation’s aging demographics looms large for its medical system, social welfare provision and economic growth.
More here: https://bloom.bg/3uHiHkC

📷: Yelim Lee/AFP/Getty Images
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Massage chairs and natural hair growth supplements. Ointment for scorpion bites that smells like garlic. A product called Kan Killer that promises to eliminate cancer without chemotherapy — all for about $65 a bottle.

Though the alternative medicine system has endured on the subcontinent for centuries, Prime Minister Narendra Modi’s government is promoting a resurgence.

There’s a fortune at stake. Modi's call for the wider adoption of traditional medicine globally is a key part of his plan to grow India’s economy. But this is carving a deep rift in the medical community. Read more here: https://bloom.bg/3uOJb3w

📷: SAJJAD HUSSAIN/AFP via Getty Images
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Currency's fresh lows: Nigeria‘s supersized interest rate hike fails to stem the naira’s decline, with the West African country’s currency slumping to a fresh record against the dollar on the official market. https://bloom.bg/49T0qjg

Land bet goes awry:
A South African developer’s £110 million ($140 million) bet on a luxury plot of land in London has turned sour, with the property changing hands at a discount that was one of the city’s steepest last year. https://bloom.bg/3TfSjI0

Election dates:
Political, religious and civic leaders in Senegal are proposing that the country hold presidential elections in June, in a move to end weeks of instability. https://bloom.bg/4bNwDdv

Watch Africa Amplified
for a deep dive into the region’s biggest stories:
https://bloom.bg/3u0S3Cz
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Bitcoin rose to $60,000 for the first time in more than two years, riding a wave of optimism that demand for the token is widening beyond crypto enthusiasts.

The largest cryptocurrency has jumped more than 40% already this year. Read more here: https://trib.al/cNCIbJP

Follow the Bloomberg Crypto Telegram channel for more news on Bitcoin: https://t.me/bloombergcrypto

📷: Angel Garcia/Bloomberg
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Rockstar Games is asking employees to return to the office five days a week beginning in April. The video-game maker is entering the final stages of development on its next game, the hotly anticipated Grand Theft Auto VI.

In an email to staff reviewed by Bloomberg, Rockstar Head of Publishing Jenn Kolbe said the decision was made for productivity and security reasons.

The company has faced several security breaches including a massive dump of early footage from the new Grand Theft Auto and an early trailer that leaked in December. More here: https://bloom.bg/4bRsaGx

📷: Yuki Iwamura/AFP/Getty Images
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Building a multibillion-dollar empire is one thing. Keeping it in the family is another matter.

By the time Wee Cho Yaw died earlier this month at 95, his five children had firmly established roles within Singapore’s richest banking dynasty that forged a $10 billion fortune. Still, his more than a dozen largely millennial grandchildren have mostly pursued their own passions in business, from a three-star Michelin restaurant to co-founding a dry cleaning chain and a website selling Asian artwork.

Cho Yaw’s wish, he wrote in his 2014 biography, was that his grandchildren would take a prominent role in the family businesses. So far, that hasn’t happened. More on the heirs in line to inherit his fortune: https://bloom.bg/3P1rjJF

📷: Kua Chee Siong/SPHOL/AP Photo
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Term extension rejected: Senegalese President Macky Sall reiterated that he will step down when his term expires on April 2, appearing to reject a proposal that he extend his term until the country holds presidential elections. https://bloom.bg/3UTM9yr

LGBTQ rights: Ghana’s lawmakers passed a bill that seeks up to three years in prison for people identifying as an LGBTQ person, becoming the latest African nation to pass draconian laws aimed at the community. https://bloom.bg/3IiOKKE

Chadian opposition leader dies: Yaya Dillo died when security forces raided his party headquarters after accusing it of carrying out an attack on Chad’s internal-security agency, reports say. https://bloom.bg/3SVWZ4b

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz
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Xi Jinping’s consolidation of power has cleared the path for him to break China’s cycle of debt-driven growth and put the economy on a more sustainable footing. But there’s a big problem: He’s failing to convince the nation that’s a good idea.

As the world’s second-biggest economy undergoes a prolonged slowdown, Xi’s move to shun the old playbook of unleashing broad stimulus is spurring discontent.

Thousands of angry retail investors last month flooded the US Embassy’s Weibo page with criticism of the government’s handling of the economy in the midst of a $7 trillion stock rout. Elsewhere on the platform some even insinuated that only a change in the top leadership would spur markets — comments that managed to skirt censors before they were eventually taken down. More here: https://bloom.bg/4bTBGcj

📷: Kevin Frayer/Getty Images
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Most polluted place on Earth: People living in one South African industrial region are subjected to air that regularly reeks of rotten eggs from the hydrogen sulfide emitted from industrial plants as well as a toxic combination of ash and toxic sulfur dioxide. https://bloom.bg/49UMXaE

Business woes temporary: Nigeria’s large and growing population is impossible for business to ignore and a recent exodus from the West African state won’t last, South African billionaire Christo Wiese tells Bloomberg TV. https://bloom.bg/3IhAVwb

Naira's plunge hits telecoms: MTN Group, Africa’s biggest wireless service provider by revenue, said full-year profit probably plunged as much as 90% as devaluations of Nigeria’s currency hit its financial performance. https://bloom.bg/3uWnui3

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz
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President Joe Biden’s ambassador to Singapore threatened staff, wasted money and poorly promoted US interests, according to an internal watchdog report.

The State Department’s inspector general said embassy employees interviewed as part of its regular review process “described a fear, and even direct threats, of reprisal” from Jonathan Kaplan, an entrepreneur and Democratic campaign donor who was confirmed as ambassador in late 2021.

Kaplan also “developed poor relationships with some Singaporean ministries,” which hurt progress on US efforts in the city-state, the report found. More here: https://bloom.bg/3wJFZqm

📷: Bill Clark/CQ-Roll Call/Getty Images
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Ethiopia dilemma: The US expressed alarm about continuing human rights abuses in Ethiopia that may affect its ability to secure funding from multilateral lenders ahead of crucial International Monetary Fund bailout discussions. https://bloom.bg/49SaR6q

Bonds surge:
Ivory Coast’s Eurobonds rallied after the nation’s credit rating was lifted by Moody’s Investors Service, which cited the resilience of the economy and rising private sector investments. https://bloom.bg/48FXp4w

Gas find:
Australia’s Invictus Energy has discovered condensate and helium in a project in northern Zimbabwe that was abandoned by Exxon Mobil in the 1990s. https://bloom.bg/43493oB

Watch Africa Amplified
for a deep dive into the region’s biggest stories:
https://bloom.bg/3u0S3Cz
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BREAKING: China is targeting growth of around 5% in 2024. Follow our free-to-read live blog for the latest news and analysis as China unveils its GDP target and policy priorities at the National People's Congress https://bloom.bg/3TlzR0n
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