World’s Longest-Serving Ruler Must Reveal His Assets for an IMF Bailout
(Bloomberg) — Equatorial Guinean President Teodoro Obiang Nguema Mbasogo, the world’s longest-serving ruler, must declare his assets before the nation receives more financial support, according to the International Monetary Fund.The central African nation needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year. Under a program agreed last week, the…