Sawt Falasteen - Economy

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Featured

US, Canada fail to reach trade pact to avert Trump tariffs

Hefty US tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.

Arctic shipping a daunting prospect in hotly contested region

With Gulf turmoil slashing Suez Canal traffic, shipping firms are tempted to try the Arctic for quicker trips between Europe and Asia -- but commercial prospects are unlikely to match countries' strategic ambitions for the North Pole.

Last news

Death toll from Indonesia school collapse rises to 63

The death toll from an Indonesian school collapse rose to 63 on Monday, officials said, as workers pulled more remains from the rubble of the building that collapsed last week.

UN rights council launches probe into violations in Afghanistan

The UN Human Rights Council decided on Monday to launch a probe into serious rights violations in Afghanistan, amid growing alarm over the Taliban's measures targeting women and girls.

Jilly Cooper: Britain's queen of the 'bonkbuster' novel

Jilly Cooper -- who has died aged 88 -- was the best-selling British writer whose racy novels were famously filled with sex, snobbery and fun.

Tokyo stocks soar on Takaichi win, Paris sinks as French PM resigns

Tokyo stocks surged almost five percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.

Tokyo soars, yen sinks after Takaichi win on mixed day for Asia

Tokyo stocks surged more than four percent to a record high Monday and the yen sank on bets that the new leader of Japan's ruling party will embark on a new era of loose monetary policy to kickstart the country's economy.

China's chip challenge: the race to match US tech

China's push to develop top-end artificial intelligence microchips is gaining momentum, but analysts say it will struggle to match the technical might of US powerhouse Nvidia within the current decade.

UN rights council to decide on creating Afghanistan probe

The UN Human Rights Council is set to decide on Monday whether to set up an investigation to gather evidence on the most serious violations of international law in Afghanistan.

Global Tech Pioneers CZ and Co-Founder of Shazam to Headline FinTech Forward 2025 in Bahrain

MANAMA, BH / ACCESS Newswire / October 6, 2025 / FinTech Forward 2025 (FF25), the region's premier strategic financial technology event, today announced that two globally renowned innovators will headline this year's edition as title speakers: Changpeng Zhao (CZ), former CEO of Binance and Dhiraj Mukherjee, Cofounder of Shazam. Their participation reflects the flagship event's growing role as a global stage for innovation, convening leaders who have transformed industries and reshaped how millions around the world engage with technology and financial services.

Trump administration brands US cities war zones

The Trump administration branded Chicago a "war zone" Sunday as a justification for deploying soldiers against the will of local Democratic officials, while a judge blocked the White House from sending troops to another Democratic-run city.

Vampires, blood and dance: Bollywood horror goes mainstream

Long written off as fringe, horror is back in India's Bollywood, reinvented with comedy, mythology and big stars powering a box-office renaissance.

Italy working hard to prevent extra US tariffs on pasta

Italy has appealed to Washington and the European Commission in an attempt to dissuade the US from imposing a punitive tariffs on pasta imports, a deeply unpopular measure among producers.

Opec+ plus to raise oil production by 137,000 barrels a day in November

Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 137,000 barrels per day in November, as they continue to push for greater market share.

OPEC+ meets with future oil production hanging in the balance

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are likely to agree to raise crude output when they meet virtually on Sunday, with analysts divided over the size of the expected hike.

French air traffic controllers cancel three-day strike

French air traffic controllers have called off a three-day strike that threatened to disrupt European skies next week, a top union said on Saturday.

Flights resume at Munich airport after second drone scare

Flights resumed "progressively" on Saturday at Munich airport, but delays were expected after a drone scare caused a second shutdown in as many days, affecting over 6,500 passengers, the operator said.

'I found hell': the women ensnared in Albania's global sex trade

From Venezuela, Maria travelled halfway around the world in search of a better life. Instead, the mother of two was trapped in Albanian detention for months after being lured into illegal sex work.

Swedes stock up on food as fears of war deepen

Swedes are stocking up on food items in case of war, as more conflict in Europe no longer feels like a distant possibility and authorities encourage measures to boost readiness.

US government shutdown to drag into next week

The US government shutdown is set to stretch into next week after senators voted Friday for a fourth time to reject a funding fix proposed by President Donald Trump's Republicans.

AI in an 'industrial bubble' but will benefit society: Bezos

Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in Italy on Friday, but the benefits to society will be "immense".

Munich airport closure 'wake-up call' on drone danger: govt

German Interior Minister Alexander Dobrindt said Friday the temporary closure of Munich airport after drone sightings was a "wake-up call" on the threat from drones, which have caused a string of similar disruptions across Europe.

Mass protests, strikes in Italy for Gaza

Hundreds of thousands of people protested across Italy on Friday during a large-scale strike over the treatment of the Gaza aid flotilla and far-right Prime Minister Giorgia Meloni's cautious stance on the conflict.

Stocks rise on AI optimism, US rate-cut hopes

Stock markets struck fresh records on Friday, driven by investor optimism over artificial intelligence and US rate-cut hopes, which overshadowed concerns about a government shutdown dragging on.

'First of its kind' power surge behind Iberia blackout: experts

A power surge that caused a paralysing blackout across all of Spain and Portugal in April was an unprecedented event in Europe and possibly the world, but the root cause remains unknown, an expert panel said Friday.

US delays key jobs report due to government shutdown

The United States suspended the publication of a key employment report Friday as a partial government shutdown entered its third day, casting a fog over the health of the world's biggest economy.

Madagascar's president denounces 'coup' attempt in day of fresh protests

Madagascan President Andry Rajoelina condemned on Friday what he said was an attempt to topple his government as fresh protests flared against the political elite and years of misrule.

Stocks gain on AI optimism, US rate-cut hopes

Stock markets mostly rose Friday driven by investor optimism over AI and US rate-cut hopes, which overshadowed concerns about a government shutdown dragging on.

Carrefour name disappears from Arab stores as Israel boycotters claim victory

The Carrefour name has disappeared from storefronts in some Arab countries, with pro-Palestinian shoppers and activists hailing the shift as a victory for their boycott of brands perceived as being linked to Israel.

Russia-linked tanker stopped by France resumes voyage: vessel trackers

A tanker from Russia's "shadow fleet" detained by the French navy was heading towards the Suez Canal Friday with its captain back on board, according to data from maritime websites and a source close to the case.

Spain's Benidorm embraces its Franco-era mass tourism model

Fifty years after General Francisco Franco's death, Benidorm still clings to the mass tourism model it pioneered under his dictatorship, even as protests against overtourism sweep other Spanish holiday hotspots.

Munich airport resumes flights after drone sightings trigger closure

Germany's Munich airport restarted flights on Friday after several drone sightings forced its closure overnight, the latest in a string of similar aviation disruptions across Europe.

Munich airport halts flights after drone sightings

Germany's Munich airport halted flights after several drone sightings, a police spokesperson told AFP early Friday, the latest in a string of similar aviation disruptions across Europe.

Tech fans Tokyo rally on broadly positive day for Asian markets

A surge in tech firms helped Tokyo's Nikkei lead most Asian equities higher on Friday as investors headed into the weekend on a broadly positive note, with US rate-cut hopes out-muscling concerns about a government shutdown.

Sawt Falasteen - Economy (English)