Ivory Coast in Talks With Soldiers as Army Standoff Continues
- Mutiny paralyzes some cities, but ports operate as usual
- Ivory Coast’s Eurobond yields rise, cocoa prices jump
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A mutiny over pay in Ivory Coast disrupted activities in several cities for a fourth day as the government said it was still in talks with some soldiers in a bid to end the unrest. The West African nation, which wants to issue a Eurobond next month, saw yields on its existing securities jump.
Prime Minister Amadou Gon Coulibaly was holding meetings with the commandment of the security forces, while talks with some soldiers continued, government spokesman Bruno Kone said by phone Monday. “President Alassane Ouattara is following the situation minute by minute,” he said.