Sawt Falasteen - Economy

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Featured

Zelensky blasts diesel deal after Russian strikes kill 15

Ukrainian President Volodymyr Zelensky said on Saturday that Russia was expressing its "thanks" for a diesel deal agreed with the United States by attacking Ukraine, after fresh Russian attacks killed 15 people, according to authorities.

Spanish PM begins vote campaign overshadowed by housing protests

Spain's Prime Minister Pedro Sanchez aimed to pull off another unlikely comeback as he began campaigning on Saturday for a snap vote dominated by housing protests that have shaken the country.

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Jonathan Anderson becomes Dior's overall artistic director

Jonathan Anderson will become the first designer to head both the women's and men's lines at Dior, the French fashion house's parent company said on Monday.

Homeless seek refuge at Madrid airport as rents soar

Victor Fernando Meza works during the day, but his salary is not enough to afford rent in the Spanish capital Madrid. So, once again, the 45-year-old Peruvian will spend the night at the airport.

ECB expected to cut rates again as Trump trade war rumbles on

The European Central Bank is expected to deliver its seventh-straight interest rate cut this week as US President Donald Trump's volatile trade policies add to headwinds for the sluggish eurozone.

Hey chatbot, is this true? AI 'factchecks' sow misinformation

As misinformation exploded during India's four-day conflict with Pakistan, social media users turned to an AI chatbot for verification -- only to encounter more falsehoods, underscoring its unreliability as a fact-checking tool.

Disney's 'Lilo & Stitch' wins N.America box office for second week

Disney's family-friendly "Lilo & Stitch," a live-action remake of the 2002 animated film, won the North American box office for a second week in a row, taking in another $63 million, industry estimates showed Sunday.

Indian airline IndiGo orders 30 Airbus A350 widebody planes

Indian airline IndiGo said on Sunday it had signed an order for 30 more Airbus A350-900s, bringing its shopping list for the widebody aircraft from the European aircraft manufacturer to 60.

UK to restore 'war-fighting readiness' with new defence review

UK Prime Minister Keir Starmer said Sunday he will "restore Britain's war-fighting readiness" as his government warned of "growing" Russian aggression ahead of a major defence strategy review.

Oil under $65 a boon for consumers, but a burden on producers

US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output quotas have oil prices trading at lows not seen since the Covid pandemic.

'Moving forward': the Gen-Z farmer growing Fukushima kiwis

A short drive from the Fukushima nuclear disaster site, novice farmer Takuya Haraguchi tends to his kiwi saplings under the spring sunshine, bringing life back to a former no-go zone.

Silicon Valley VCs navigate uncertain AI future

For Silicon Valley venture capitalists, the world has split into two camps: those with deep enough pockets to invest in artificial intelligence behemoths, and everyone else waiting to see where the AI revolution leads.

Ecuador apologizes to farm workers deemed to live like slaves

Ecuador's government apologized Saturday to some 300 people who worked as farmers for a Japanese textile firm in conditions which a court likened to modern-day slavery.

OPEC+ announces sharp increase in July oil production

Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.

Chinese automakers get stern 'price war' warning after discount spree

A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant BYD announced sweeping trade-in discounts, with multiple competitors following suit.

EU member Bulgaria faces protests over adopting the euro

Bulgaria is expected to get a green light from Brussels in June to adopt the euro -- but the prospect is unsettling many citizens.

Moroccan women embroider 'art with purpose'

In a small village on the coast of southern Morocco, women gather in a house to create collaborative works of textile art, and also earn a living.

Trump says will double steel, aluminum tariffs to 50%

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

US top court lets Trump revoke legal status for 500,000 migrants

The US Supreme Court handed President Donald Trump a major victory Friday in his immigration crackdown, giving his administration the green light to revoke the legal status of half a million migrants from four Caribbean and Latin American countries.

Trump accuses China of violating tariff de-escalation deal

US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "totally violated" a deal to de-escalate tariffs, at a time when the two sides appeared deadlocked in negotiations.

World Boxing introducing gender tests for all boxers, targets Khelif

World Boxing announced on Friday it will introduce mandatory gender testing to determine the eligibility of male and female athletes wanting to take part in its competitions.

'My greatest dream' - Taylor Swift buys back rights to old music

Pop sensation Taylor Swift, who was locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday.

Navalny widow, media watchdog to launch TV channel

The widow of Russian opposition leader Alexei Navalny and Reporters Without Borders will launch a television channel to "promote free speech in Russia", the press freedom advocacy group said on Friday.

Taylor Swift buys back rights to her old music

Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday.

Canada growth up but Trump tariffs starting to hurt

Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold.

Abortion pill inventor Etienne-Emile Baulieu dies aged 98

French scientist Etienne-Emile Baulieu, known as the inventor of the abortion pill, died at the age of 98 at his home in Paris on Friday, his wife told AFP.

Stocks waver as Trump raises trade risk with China

Stocks wavered on Friday, but the dollar mostly gained, after President Donald Trump put US-China trade tensions back on the boil by claiming Beijing "has totally violated" an agreement with Washington.

US April inflation cooled more than expected, despite tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

Trump signals fresh trade tensions with China

US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "violated" a deal to de-escalate tariffs, at a time when both sides appeared deadlocked in negotiations.

Britain's hard-right Reform UK to accept crypto donations

Britain's hard-right Reform UK has become the first political party in the country to accept donations through bitcoin and other cryptocurrencies, raising fresh concerns over transparency.

Rockfall at Indonesian limestone quarry kills 13

At least thirteen people were killed and a dozen injured Friday in a rockfall at a limestone quarry on Indonesia's Java island, disaster official said.

New to South Africa, saffron holds promise

Livestock farmer Joe Kroon turned to saffron in desperation when drought threatened his livelihood and, as this season's harvest winds down, he is encouraged by the potential of a new entry into South Africa's farming catalogue.

Rockfall at Indonesian limestone quarry kills eight

At least eight people were killed and a dozen injured Friday in a rockfall at a limestone quarry on Indonesia's Java island, police said.

Most Asian markets reverse after Trump's tariffs get court reprieve

Most Asian shares fell Friday after a US appeal court gave Donald Trump's sweeping tariffs a temporary reprieve, fanning uncertainty a day after judges had ruled the controversial measures were unconstitutional.

Sawt Falasteen - Economy (English)