Sawt Falasteen - Economy

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Featured

Rubio says West must choose between national power or decline

US Secretary of State Marco Rubio on Wednesday insisted on the US right to flex its "national power" in a fiery speech in Athens and said that Europe had to "awaken from its long slumber."

French luxury giant to fund redevelopment of two Paris streets: city hall

French luxury giant Louis Vuitton, part of the LVMH conglomerate of France's richest person Bernard Arnault, is to fund the redevelopment of two streets in central Paris around its future Champs-Elysees superstore, the Paris city hall announced Wednesday.

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I.Coast ruling party's dominance leaves opposition on brink

Ivory Coast's ruling party has further cemented its power after another crushing victory in parliamentary elections at the weekend, two months after President Alassane Ouattara won re-election for a fourth term.

Eurostar urges passengers to postpone journeys due to 'major disruption'

Eurostar advised passengers to postpone their journeys on Tuesday to a later date, citing "major disruption" including severe delays and cancellations.

Iran president urges officials to address protestors' complaints

Iran's president urged his government to listen to the "legitimate demands" of protesters, state media reported on Tuesday, a day after demonstrations by shopkeepers in Tehran over economic hardship.

Russia to re-privatise airport that it seized

The Russian government plans to sell Moscow's Domodedovo airport early next year, several months after taking ownership of the asset over allegations it had come under foreign control, Russia's finance minister said Tuesday.

K-pop label ADOR files damages suit against ex-NewJeans member

K-pop label ADOR has filed a compensation suit against a former member of megaband NewJeans, the firm said Tuesday, a day after announcing Danielle's removal following a year-long dispute that stalled the group's careers.

Iran president urges government to heed economic protests

Iran's president urged his government to listen to the "legitimate demands" of protesters, state media reported Tuesday, after demonstrations by shopkeepers in Tehran over economic hardship.

Precious metals fall again, stocks mixed as traders wind down

Precious metals extended losses Tuesday on profit-taking after hitting recent records, while equities fluctuated in quiet trade as investors wound down ahead of the New Year break.

Precious metals fall again, Asian stocks swing as traders wind down

Precious metals extended losses Tuesday on profit-taking after hitting recent records, while equities fluctuated in quiet trade as investors wound down ahead of the New Year break.

North Korea's Kim touts new rocket launchers that could target South

North Korean leader Kim Jong Un has toured a factory making new multiple rocket launchers that could target the South, touting their ability to "annihilate the enemy" in a concentrated attack, state media reported Tuesday.

Meat-loving Argentines shun beef as inflation bites

As New Year's festivities draw near, meat-loving Argentines are readying their famous "asado" grills -- traditionally laden with steaks, ribs and sausages.

Brigitte Bardot's funeral to be held next week in Saint-Tropez

Cinema icon Brigitte Bardot's funeral will take place next week in her hometown of Saint-Tropez, her foundation said Monday, as France wrestles with how to pay tribute to a cultural legend who in later years championed far-right views.

Stocks mixed, as precious metals drop

European stock markets steadied after a mixed Asian showing Monday, as investors awaited fresh clues on the outlook for US interest rates.

India's navy sails back to the future with historic voyage

India's navy boasts aircraft carriers, submarines, warships and frontline vessels of steel as it spreads its maritime power worldwide.

Emirates mining company challenges Guinea licence withdrawal

Mining company Axis International said Monday it was seeking World Bank arbitration against Guinea for withdrawing its right to operate a major bauxite mine in the west African country.

Third 'Avatar' film stays atop N. American box office rankings

"Avatar: Fire and Ash" retained the top spot at the North American box office after it debuted the week before, reeling in $64 million during the weekend after Christmas, industry estimates showed Sunday.

Brigitte Bardot on Muslims, men and 'horrible' humanity

Brigitte Bardot, France's outspoken sex symbol of the 1950s and 1960s, who has died at the age of 91, tended to shoot from the hip.

Multicultural UK town bids to turn page on troubled past

One of Britain's most multicultural towns, long tarnished by extremist links, is increasingly seeking to celebrate its identity, despite a bitter immigration debate and US President Donald Trump's warning that Europe risks "civilisational erasure" from migrants.

'Unfair election': young voters absent from Myanmar polls

The droves of young people who queued to cast ballots in past elections in Myanmar were conspicuous by their absence from Sunday's military-run poll, with older voters dominating the turnout.

How company bets on bitcoin can backfire

The year-end plunge in cryptocurrencies has rattled companies that had bet heavily on bitcoin, sending share prices tumbling and reviving fears of a bubble.

Hong Kongers bid farewell to 'king of umbrellas'

Scores of residents flocked to a cramped shop in Hong Kong's old district to bid farewell to the city's "king of umbrellas", who is retiring after spending decades repairing umbrellas at his family business.

US stocks edge lower from records as precious metals surge

Wall Street stocks edged down from records on Friday amid holiday-thinned trading while precious metals extended their year-long surge to record highs.

Former Montpellier coach Gasset dies at 72

French football coach and "emblematic" figure Jean-Louis Gasset died on Friday at the age of 72, his former club Montpellier announced.

Nigeria signals more strikes likely in 'joint' US operations

Nigeria on Friday signalled more strikes against jihadist groups were expected after a Christmas Day bombardment by US forces against militants in the north of the country.

Japan govt approves record budget, including for defence

The Japanese government approved a record budget for the upcoming fiscal year on Friday, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.

Asia markets edge up as precious metals surge

Asian stocks edged higher on Friday amid holiday-thinned trade and with some exchanges closed for Boxing Day, while precious metals extended their year-long rally towards record highs.

'No winner': Kosovo snap poll unlikely to end damaging deadlock

Before the first vote is even cast in Kosovo's snap election on Sunday, experts predict it is unlikely to end the political crisis that has been gripping Europe's youngest country for almost a year.

Main contenders in Kosovo's snap election

Kosovo is heading for early elections Sunday after months of political deadlock and failure to form a government -- the only solution its deeply divided parties could agree on to break the stalemate.

Japan govt approves record 122 trillion yen budget

The Japanese government on Friday approved a record budget for the upcoming fiscal year, to pay for everything from bigger defence spending to ballooning social security costs as inflation persists.

Dow, S&P 500 end at records amid talk of Santa rally

Major US stock indices finished at fresh records Wednesday following a shortened pre-holiday session while gold and silver prices also struck fresh highs.

Investors watching for Santa rally in thin pre-Christmas trade

Stock markets steadied Wednesday in thin Christmas Eve trade while gold and silver prices struck fresh highs.

Why metal prices are soaring to record highs

Precious and industrial metals are surging to record highs as the year ends, driven by economic and geopolitical uncertainty, robust industrial demand and, in some cases, tight supply.

Stocks tepid in thin pre-Christmas trade

European and Asian markets were tepid Wednesday in thin Christmas Eve trade as investors struggled to track a record day on Wall Street fuelled by forecast-topping US economic data.

Sawt Falasteen - Economy (English)