Sawt Falasteen - Economy

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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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Asian markets reverse after Trump's tariffs get court reprieve

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.

New metro cuts through Saudi social divisions

For decades, civil servant Zayed al-Ghamdi's social circles in Saudi Arabia were more than predictable, bound by routine and kinship in a country where societal divisions have rarely been challenged. Then came the metro.

Targeting foreign students, Trump hits a US lifeline

On the campaign trail last year, then-candidate Donald Trump proposed handing US residency cards automatically to international students when they earn diplomas, bemoaning that they were leaving to form successful companies in China and India.

A bad wrap: An angry Trump blasts the 'TACO Theory'

President Donald Trump made no pretense at hiding his irritation this week when he was asked by a reporter about "TACO" -- an acronym that has been gaining traction among Wall Street traders who believe that "Trump Always Chickens Out."

Brazil sues China's BYD over 'slavery' conditions on build site

Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and alleged slave labor conditions at a build site, according to legal documents seen by AFP Thursday.

Trump tariffs stay in place for now, after appellate ruling

US President Donald Trump on Thursday won a temporary reprieve for his aggressive tariff strategy, with an appeals court preserving his sweeping import duties on China and other trading partners -- for now.

White House slams court decision blocking Trump tariffs

The White House on Thursday blasted a federal court's decision to block many of President Donald Trump's sweeping tariffs -- a major setback to his trade strategy.

US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal

A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due to his cooperation.

Trump steps up call for US rate cuts in talks with Fed chief

US President Donald Trump on Thursday stepped up the pressure on Federal Reserve chair Jerome Powell to cut interest rates, in their first sit-down since the Republican returned to the White House in January.

Stocks shrug off US court's tariff ruling

Global shares gave a muted response Thursday to a US court's decision blocking most of President Donald Trump's sweeping tariffs -- with analysts noting the issue was far from being settled.

Boeing CEO confident US will clear higher MAX output in 2025

Boeing is eyeing approvals for significantly higher production of the 737 MAX in 2025 after US authorities allowed increased output on the 787 plane, the company's CEO said Thursday.

Chinese exporters "on hold" despite US tariff relief

Chinese exporters in one of the world's busiest port cities spoke Thursday of murky horizons as they try to navigate the trade maelstrom unleashed by the ever-changing saga of US tariff policy.

Stocks get mild bump from US court's tariff ruling

Global shares gave a muted positive welcome Thursday to a US court's decision blocking most of President Donald Trump's sweeping tariffs -- with analysts noting the issue was far from being settled.

Mauritanian candidate on track to become Africa's next 'super banker'

Mauritania's former economy minister Sidi Ould Tah was on Thursday heading the race to become Africa's next "super banker", succeeding Nigeria's Akinwumi Adesina as head of the African Development Bank.

Stocks climb after US court blocks Trump tariffs

Global stocks and the dollar largely firmed Thursday after a US court blocked most of President Donald Trump's sweeping tariffs from taking effect.

S.African woman gets life term for selling 6-year-old daughter

A South African court on Thursday sentenced a woman to life in prison for kidnapping and selling her six-year-old daughter, in a case that horrified the country.

Zimbabwe's farmers push on as land grab compensation flounders

In a field of paprika plants in the heart of Zimbabwe, fourth-generation farmer Daniel Burger and relative newcomer Miriam Mupambawashe discuss the quality of the crop.

Loggers fell old, native forests on Australian island

On the edge of a dense forest on a rugged Australian island, an enormous stump rises from the ground -- all that remains of a eucalyptus tree that towered into the canopy for centuries.

Africa elects its next 'super banker'

The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call.

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

Nvidia earnings beat expectations despite US export controls

Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls being less than the Silicon Valley chip juggernaut had feared.

Global markets sink as rally over eased trade tensions fades

Global stock markets sank Wednesday on evaporating cheer over eased tariff tensions, while oil prices climbed as Washington appeared closer to imposing new sanctions on Moscow over Ukraine.

OPEC+ meets as oil output hike looms

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices.

Brazil airline Azul files for bankruptcy protection in US

Brazil's biggest airline by number of flights and destinations, Azul, announced Wednesday it had filed for bankruptcy protection in the United States to try restructure debt arising from the pandemic and from supply chain issues.

Stocks sink as rally over eased trade tensions fades

Stock markets sank Wednesday on evaporating cheer over eased tariff tensions, and oil prices climbed as Washington appeared closer to possibly putting fresh sanctions on Moscow over Ukraine.

Telegram to get $300 mn in partnership with Musk's xAI

Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram's CEO announced Wednesday.

Longer flight delays without compensation? EU plan divides

The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move that has consumer groups up in arms and is dividing member states.

French surgeon handed maximum term for abusing children for decades

A French court on Wednesday gave the maximum 20-year jail term to a surgeon who admitted sexually abusing hundreds of patients, most of them children, during more than two decades.

Political protests paralyse Bangladesh daily life

Protests have become part of daily life in Bangladesh's capital, with residents either taking part as political parties jostle for power after an uprising last year -- or avoiding them.

French court to rule on surgeon who abused children for decades

A French court is to give its verdict Wednesday in the trial of a surgeon who admitted to sexually abusing hundreds of patients over more than two decades, in one of the country's largest child sex abuse cases.

Asian stocks rally fades as Japan debt sale disappoints

Asian equities wobbled Wednesday as investors struggled to track a Wall Street rally fuelled by forecast-beating US consumer confidence data, with a weak Japanese debt sale adding to worries about rising bond yields.

Jeep owner Stellantis names Italian Antonio Filosa as new CEO

Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as its new chief executive officer as the US-European group navigates US tariffs and slumping North American sales.

Sawt Falasteen - Economy (English)