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

Most markets rise as China-US truce extended, inflation in focus

Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

Italian athlete dies at World Games in China

Italian orienteering athlete Mattia Debertolis died on Tuesday at the World Games in Chengdu, China after collapsing during competition, organisers said.

Two dead, 10 hospitalized in Pennsylvania steel plant explosions

Two workers died and 10 were wounded Monday after blasts at a US Steel plant in the state of Pennsylvania, officials said.

Trump signs order to extend China tariff truce by 90 days

US President Donald Trump on Monday ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a trade truce between Washington and Beijing was due to expire.

Formerra Becomes North American Distributor for Syensqo PVDF

New agreement reinforces Formerra's strategy to support high-performance applications with advanced polymer solutions across multiple markets.

One dead, 10 hospitalized in Pennsylvania steel plant explosions

At least one person died and 10 were wounded Monday after blasts at a US Steel plant in the state of Pennsylvania, officials said.

Stocks cautious before US inflation report

Global equity markets were mixed Monday as investors await key US inflation data this week that could offer guidance on interest rate cuts long sought by President Donald Trump.

Iraq announces nationwide power outage amid 'record' heat

Power was out across Iraq on Monday as scorching summer temperatures pushed electricity grid demand to unprecedented levels, authorities said.

Trump says dealing 'nicely' with China as tariff deadline looms

President Donald Trump said Monday that the United States has been "dealing very nicely with China" -- while Beijing said it was seeking positive outcomes -- hours before a tariff truce between both countries was due to expire.

No bread, no fuel, no dollars: how Bolivia went from boom to bust

A bread roll has become a symbol of a severe economic crisis in Boliva that looks set to decide the outcome of the most significant elections in nearly two decades.

Stocks cautious before tariff updates, US inflation data

Equity markets moved little in cautious European and US trading Monday as investors await key US inflation data this week that could offer guidance on rate cuts long sought by President Donald Trump.

The shrill is gone: AOL to shut down dial-up internet

The ear-piercing beeps, squeals and buzzes of 90s-era dial-up internet will vanish from thousands of holdout American homes in September as historic provider AOL shuts down the service.

EU clears Just Eat takeover by Dutch group Prosus

The EU on Monday conditionally approved Dutch investment group Prosus's bid to buy Just Eat Takeaway.com for 4.1 billion euros ($4.8 billion).

Stocks cautious before tariff updates, US data

Equity markets traded cautiously Monday as investors eyed a week dominated by speculation over US inflation data, a prolonged pause on Washington's tariffs on China and a US-Russia summit.

India look to break 'final barrier' in Women's World Cup

India captain Harmanpreet Kaur on Monday said the team was determined to break the "final barrier" and lift their first Women's World Cup cricket title this year after missing out twice previously.

Stock markets mostly up at start of key week for trade, US data

Equity markets mostly rose Monday as investors eyed a week dominated by speculation about US inflation data and a prolonged pause for Washington's tariffs on China.

Four days left to square the circle on global plastic pollution treaty

Countries remained at loggerheads Monday over how to tackle plastic pollution, with only four days left to craft a landmark global treaty on reining in the ever-growing scourge.

Asian markets waver to start key week for trade, US data

Asian markets mostly rose Monday as investors eyed a week dominated by speculation about US inflation data and a prolonged pause for Washington's tariffs on China.

New tensions trouble small town America in Trump's second term

Visitors are still flocking to the quaint mountain town of Berkeley Springs in West Virginia to savor its hot springs, art galleries and gift stores. Residents, however, say they are navigating new tensions.

After busy first 100 days, Germany's Merz faces discord at home

German Chancellor Friedrich Merz has driven sweeping changes in security, economic and migration policy during his first 100 days in office, but faces widening cracks in his uneasy coalition.

Trump says to move homeless people 'far' from Washington

President Donald Trump said Sunday that homeless people must be moved "far" from Washington, after days of musing about taking federal control of the US capital where he has falsely suggested crime is rising.

Indigenous communities plead for action at plastic pollution talks

Indigenous communities from North America are at talks on a global treaty on plastic pollution in Geneva, pleading the case for the environment they depend upon, which is slowly being choked by microplastics.

Designer says regrets Adidas 'appropriated' Mexican footwear

US fashion designer Willy Chavarria said Saturday he regrets that sandals he created together with Adidas "appropriated" a traditional design from the southern Mexican state of Oaxaca.

UN plastic pollution treaty talks floundering

Talks on forging a groundbreaking treaty to combat the scourge of plastic pollution were floundering Saturday, with progress slow and countries wildly at odds on what the proposed agreement should cover.

Trump and Putin to meet in Alaska next Friday

US President Donald Trump said Friday he would meet his Russian counterpart Vladimir Putin in one week in Alaska, and suggested that an eventual deal between Moscow and Kyiv to end the war in Ukraine could involve swapping territory.

Brazil's Lula vetoes parts of environmental 'devastation bill'

Brazilian President Luiz Inacio Lula da Silva on Friday vetoed some provisions of a bill that would have made it easier for companies to secure environmental permits, bowing to pressure from activist groups.

Gold futures hit record on US tariff shock; mixed day for stocks

Gold futures hit a record high Friday following reports of an unexpected tariff on the precious metal as global stocks finished the week on a mixed note.

Swiss gold refining sector stung by US tariffs

The first casualty of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining, after it emerged that certain gold bars could face the levy.

Mexico seeks compensation from Adidas in cultural appropriation row

Mexico's government said Friday it was seeking compensation from Adidas, which is accused of cultural appropriation for bringing out sandals resembling traditional design from the southern state of Oaxaca.

Swiss gold refining sector hits US tariff mine

The first casualty of the imposition of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining after it emerged certain gold bars would face the levy.

Three die in Greece as gales stoke fires, disrupt ferries

Three people including two Vietnamese tourists died in Greece on Friday as ferocious winds whipped up wildfires and disrupted ferry travel for tens of thousands of summer holidaymakers.

Trump hosts foes Armenia, Azerbaijan in his latest peace initiative

US President Donald Trump will host the leaders of Armenia and Azerbaijan on Friday, with the two South Caucasus rivals expected to sign a deal advancing peace efforts after decades of conflict.

Sawt Falasteen - Economy (English)