Sawt Falasteen - Economy

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Featured

'No divisions, no borders', French astronaut says of seeing Earth

French astronaut Sophie Adenot went through "all human emotions, from the most joyful to the hardest" during her eight months in space, she said back on solid ground on Saturday in Germany.

Stocks rise as Trump says Russia to release diesel to world markets

Stock markets climbed Friday after US President Donald Trump ruled out a strike on Iran before midterm elections, while announcing that Russian diesel would flow to global markets following talks with Moscow's Vladimir Putin.

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Hong Kong to regain IPO crown this year, say PwC and Deloitte

Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and trade tariffs, accountancy giant PwC said on Wednesday.

Australia cancels Kanye West visa over 'Heil Hitler' song

Australia has cancelled US rapper Kanye West's visa over his song glorifying Nazi leader Adolf Hitler, the government said Wednesday.

Fire that closed Heathrow traced to unrepaired transformer

A fire at an electrical substation that forced a shutdown at London's Heathrow Airport in March was likely caused by moisture entering electrical components, a problem first flagged in 2018, a report said Wednesday.

Asian markets mixed as trade deal cut-off looms

Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff deadline, with Tokyo taking a hit from threats to ramp up Japanese levies.

Eggs en Provence: France's unique dinosaur egg trove

At the foot of Sainte Victoire, the mountain in Provence immortalised by Impressionist painter Paul Cezanne, a palaeontologist brushes meticulously through a mound of red clay looking for fossils.

'I lost my battle': warming sea killing Albania fishing

As dawn broke, fisherman Viktor Kocaj hauled his net on board his battered skiff, but after a whole night in the Adriatic, the catch was too small to even feed his family.

Giant Trump tax bill faces make-or-break vote in Congress

Donald Trump is seeking final approval Wednesday in the US Congress for his marquee tax and spending bill, with Republicans pinning their hopes on a narrow victory that will help seal the president's legacy.

'Writing is thinking': do students who use ChatGPT learn less?

When Jocelyn Leitzinger had her university students write about times in their lives they had witnessed discrimination, she noticed that a woman named Sally was the victim in many of the stories.

Global stocks mixed as markets track US trade deal prospects

Global stocks were mixed Tuesday as markets monitored congressional progress on Donald Trump's massive tax and spending legislation and weighed the prospects for US trade deals ahead of Trump's July 9 tariff deadline.

Big automakers report US sales jump on pre-tariff consumer surge

Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the second quarter on Tuesday as consumers fast-forwarded purchases ahead of US tariffs.

UK govt guts key welfare reforms to win vote after internal rebellion

UK Prime Minister Keir Starmer avoided a humiliating parliamentary defeat on key welfare reforms Tuesday, after making last-minute concessions in the face of the most serious internal rebellion of his year-long premiership.

French league launches own channel to broadcast Ligue 1

The French football league (LFP) announced on Tuesday the creation of its own channel to broadcast Ligue 1 matches next season, after clubs voted in favour of ending a deal with DAZN.

UN aid meeting seeks end to Global South debt crisis

More than 100 nations attending a UN aid conference pledged this week to help defuse the ticking time bomb of developing countries' ballooning debt, but deciding how is proving more divisive.

UK govt braces for crunch welfare reforms vote amid major rebellion

UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday, as MPs prepared to vote on key welfare reforms that have already forced a damaging climbdown.

Stocks diverge while tracking US trade deal prospects

European stocks ended mixed on Tuesday while Wall Street indices diverged after marching towards records as investors weighed up the prospects for US trade deals ahead of President Donald Trump's July 9 tariff deadline.

Stocks retreat as profit-taking follows Wall Street records

US and European stocks were mostly lower on Tuesday after Wall Street indexes closed the second quarter at record highs, with investors locking in gains while weighing up the prospects for US trade deals ahead of President Donald Trump's July 9 tariff deadline.

Greece starts charging tourist tax on cruises

Greece on Tuesday began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor numbers to the continent's most popular destinations.

Stocks struggle tracking US trade deal prospects

Most stock markets retreated Tuesday and the dollar dipped as investors weighed the prospect of US trade deals being made ahead of President Donald Trump's July 9 tariff deadline.

Indian capital bans fuel for old cars in anti-pollution bid

India's capital banned fuel sales to ageing vehicles on Tuesday as authorities try to tackle the sprawling megacity's hazardous air pollution.

Asian stocks rise on trade deal hopes, Tokyo hit by Trump warning

Asian stocks rose Tuesday amid optimism countries will strike US trade deals, but Tokyo's Nikkei sank after Donald Trump threatened to impose a fresh tariff rate on Japan as he hit out at Japan over rice and autos.

Asian stocks rise on trade deal hopes, Tokyo hit by tariff warning

Asian stocks rose Tuesday amid optimism countries will strike US trade deals, though Tokyo's Nikkei sank after Donald Trump threatened to impose a fresh tariff rate on Japan as he hit out at the country over rice and autos.

Clashes in Istanbul over alleged 'Prophet Mohammed' cartoon

Clashes erupted in Istanbul Monday with police firing rubber bullets and tear gas to break up an angry mob after allegations that a satirical magazine had published a cartoon of the Prophet Mohammed, an AFP correspondent said.

End of the line for Britain's royal train

King Charles III is to end the British monarchy's use of a royal train for the first time since the Victorian era in the 19th century, as part of cost-cutting and modernisation plans.

NASA eyes summer streaming liftoff on Netflix

Streaming giant Netflix said Monday it will soon allow viewers to binge rocket launches and spacewalks through a partnership with US space agency NASA.

UN chief urges aid surge in world of 'climate chaos, conflicts'

UN chief Antonio Guterres urged the world to "rev up the engine of development" at an aid conference in Spain on Monday as US-led cuts jeopardise the fight against poverty and climate change.

Wall Street stocks rally further on trade and tax deal optimism

Wall Street stocks pushed into new record territory on Monday amid optimism the United States would reach trade deals ahead of a self-imposed deadline next week and extend tax cuts.

ADB acting on US concerns over China, bank chief tells AFP

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy.

Wall Street stocks rally further on trade deal optimism

Wall Street stocks pushed into record territory yet again on Monday amid optimism the United States would reach trade deals with its partners ahead of a self-imposed deadline next week and extend tax cuts.

PKK disarmament process to begin early July: report

Militants from the PKK will begin laying down their weapons at a disarmament ceremony in Iraqi Kurdistan in early July, the Kurdish media outlet Rudaw reported on Monday.

Stocks muted as investors eye US trade talks

Global equities steadied Monday as investors kept tabs on countries' efforts to strike trade deals with the United States before a key deadline next week.

Oasis ride Britpop revival as 90s make nostalgic comeback in UK

With "Britpop" bands Oasis and Pulp topping the charts and filling concert halls, a 90s vibe is floating over the UK this summer amid nostalgia for a "cooler" time when people seemed "happier".

'Embracing AI': TomTom cuts 300 jobs

Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as it seeks to stem financial losses and "embraces artificial intelligence".

Sawt Falasteen - Economy (English)