World Economic Forum (WEF)

South Africa's president condemns xenophobic riots in Johannesburg

A foreign shop owner checks the damages to his looted shop in Johannesburg, South Africa, on Tueaday.
A foreign shop owner checks the damages to his looted store in Johannesburg, South Africa, on Monday. Photo: Michele Spatari/AFP/Getty Images

South Africa's President Cyril Ramaphosa on Tuesday condemned recent attacks on foreign-owned businesses in the country, after rioters this week looted and destroyed more than 50 shops owned by people from other African countries

Why it matters: The riots occurred days before South Africa is slated to host political and business leaders from across the continent in Cape Town for the 28th World Economic Forum on Africa, beginning Sept. 4. "There can be no justification for any South African to attack people from other countries," Ramaphosa said in a statement.

The race to write global rules for self-driving cars

Illustration of a car made out of a bunch of different cars
Illustration: Rebecca Zisser/Axios

Policymakers around the world are trying to write global rules for governing self-driving cars before the technology gets too far down the road.

Why it matters: Automated vehicles are still being developed, and so are the methods to judge their safety. Shared global standards and regulations for self-driving cars would make it easier for manufacturers to design and sell vehicles around the world and help to build public trust.