Sawt Falasteen - Economy

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Featured

X hits back after France summons Musk, raids offices in deepfake probe

French prosecutors on Tuesday searched the Paris offices of Elon Musk's X as part of an investigation into alleged political interference and sexual deepfakes and summoned Musk in what the social media giant slammed as "politicized" raids.

Air India inspects Boeing 787 fuel switches after grounding

Air India has begun inspecting fuel control switches on its 33 Boeing 787 aircraft after grounding a flight over a possible defect, according to a company note seen by AFP on Tuesday.

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Nuuk, Copenhagen cautiously mull Greenland independence

Denmark's self-governing territory Greenland hopes to cut all ties with Copenhagen but leaders are proceeding cautiously with independence plans despite US President Donald Trump's threats to take over the Arctic island.

'Proving the boys wrong': Teenage racers picked for elite driver programme

Teenage racer Zoe Florescu Potolea says it's nice to "prove the boys wrong" as she celebrates being named on Tuesday among five new drivers picked for a programme to develop elite female F1 talent.

Iran worries push up oil price as world stocks diverge

European and Asian stock markets diverged Tuesday as investors awaited key US inflation data while concerns about Iran lifted oil prices.

Volvo Cars pauses battery factory after fruitless partner search

Swedish automaker Volvo Cars said Tuesday that it was pausing operations at a battery factory under construction, dismissing all 75 workers there, after failing to find a partner for the business.

Central bank chiefs voice 'full solidarity' with US Fed, Powell

The heads of major central banks have thrown their support behind the US Federal Reserve and its chairman Jerome Powell, saying in a joint statement Tuesday that it was "critical to preserve" their independence.

Greece airspace shutdown exposes badly outdated systems

A deeply embarrassing systems failure which forced Greece to close its airspace for several hours with pilots unable to speak to air traffic control, has exposed badly outdated communication systems at Athens International Airport -- one of the world's top travel destinations.

Boeing sells 50 737 MAX jets to leasing group ACG

Boeing said Tuesday that it had secured a firm order from the leasing firm Aviation Capital Group for 50 of its 737 MAX jets, the company's workhorse jet for the commercial airline industry.

Freezing rain paralyses transport in Central Europe

Freezing rain led to flights being suspended at Vienna airport on Tuesday, while neighbouring Slovakia, Czech Republic and Hungary also experienced travel disruptions.

Tractors in Paris to protest EU's trade deal with S. America

Dozens of tractors rolled into Paris early Tuesday as French farmers protest against the trade deal the European Union has struck with four South American countries.

Asian markets rise, Iran worries push up oil

Asian markets gained on Tuesday, as Tokyo closed at a record high on speculation over a snap election, while concerns about Iran pushed oil prices higher.

French museum fare hikes for non-European tourists spark outcry

Should foreign tourists pay more for state-funded galleries than locals, or should art be accessible to all, without discrimination? France is hiking prices for non-Europeans at the Louvre this week, provoking debate about so-called "dual pricing".

In 'big trouble'? The factors determining Iran's future

Over two weeks of protests mark the most serious challenge in years to Iran's theocratic leadership in their scale and nature but it is too early to predict the immediate demise of the Islamic republic, analysts say.

Jerome Powell: The careful Fed chair standing firm against Trump

US Federal Reserve Chair Jerome Powell has generally avoided escalation in the face of Donald Trump's relentless criticism -- but in recent months, the central banker has become a rare figure to publicly resist his attacks.

Airbus delivers more planes in 2025

Airbus said Monday it delivered 793 commercial aircraft in 2025, a slight increase from the previous year but falling short of its initial ambitions due to a manufacturing problem.

Iran protest toll mounts as government stages mass rallies

A violent crackdown on a wave of protests in Iran has killed at least 648 people, a rights group said on Monday, as Iranian authorities sought to regain control of the streets with mass nationwide rallies.

Gold hits record high, dollar slides as US targets Fed

The dollar mostly fell and gold hit a record high on Monday as investors digested news that the US Justice Department is probing the Federal Reserve, raising fears over the central bank's independence against President Donald Trump's push for lower rates.

15,000 NY nurses stage largest-ever strike over conditions

Some 15,000 nurses went on strike Monday in New York city at three large private hospital groups over pay and conditions.

Zuckerberg names banker, ex-Trump advisor as Meta president

Meta on Monday appointed banker Dina Powell McCormick as president and vice chairman, tapping a former member of the Trump administration to help steer the technology giant's massive AI infrastructure expansion.

US prosecutors open probe of Fed chief, escalating Trump-Powell clash

US prosecutors have opened an inquiry into Federal Reserve Chair Jerome Powell, prompting a rare rebuke from the central bank chief against escalating pressure from Donald Trump's administration as the president pushes for lower interest rates.

Heathrow airport sees record high annual passenger numbers

Heathrow Airport said Monday it welcomed more than 84 million travellers last year, a record high amount for the London hub which is set to undergo a major expansion.

India and Germany seek to boost defence industry ties

India and Germany are looking to boost defence industry cooperation, Prime Minister Narendra Modi said Monday after hosting Chancellor Friedrich Merz in his home state of Gujarat.

US Fed chief warns of 'intimidation' after criminal subpoenas

US prosecutors have opened an inquiry threatening a "criminal indictment" against the Federal Reserve, its chairman Jerome Powell revealed, denouncing new "threats and ongoing pressure" from the administration of President Donald Trump.

Japan aims to dig deep-sea rare earths to reduce China dependence

A Japanese research vessel on Monday began a historic voyage to attempt to dig deep-sea rare earths at a depth of 6,000 metres to curb dependence on China.

Bangladesh's powerful Islamists prepare for elections

After years of repression, Bangladesh's Islamist groups are mobilising ahead of February 12 elections, determined to gain a foothold in government as they sense their biggest opportunity in decades.

Asian equities edge up, dollar slides as US Fed Reserve subpoenaed

Asian equities posted gains Monday while the dollar dipped as investors digested news that the US Justice Department subpoenaed the Federal Reserve, raising fears over US central bank independence.

Powell says Federal Reserve subpoenaed by US Justice Department

Federal Reserve Chairman Jerome Powell said Sunday that the central bank had been subpoenaed by the US Justice Department, blasting the move as part of President Donald Trump's extraordinary pressure campaign on US monetary policy decisions.

Turning point? Canada's tumultuous relationship with China

Canadian Prime Minister Mark Carney will head to Beijing on Tuesday to meet with Chinese leader Xi Jinping, hoping for closer ties as he looks to reduce his country's dependence on the United States.

Meta urges Australia to change teen social media ban

Tech giant Meta urged Australia on Monday to rethink its world-first social media ban for under-16s, while reporting that it has blocked more than 544,000 accounts under the new law.

Iran rights group warns of 'mass killing', govt calls counter-protests

Iranian authorities have committed a "mass killing" in cracking down on the biggest protests against the Islamic republic in years, a rights group said Sunday, as the government ordered counter-rallies in a bid to regain the initiative.

Kyiv shivers without heat, but battles on

Braving sub-zero temperatures, her heat cut off by Russian strikes on Kyiv, Natalia has to go to special tents set up in the Ukrainian capital to get warm -- but has no plans of leaving.

Malaysia suspends access to Musk's Grok AI: regulator

Malaysia suspended access to Elon Musk's chatbot Grok over AI-generated pornographic content, the country's tech regulator said on Sunday.

Venezuelans await release of more political prisoners, Maduro 'doing well'

Venezuelans were waiting for more political prisoners to be released on Sunday, as ousted president Nicolas Maduro defiantly claimed from his US jail cell that he is "doing fine" after being seized by US forces a week ago.

Sawt Falasteen - Economy (English)