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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US, Boeing reach deal to resolve MAX criminal case

The Justice Department said Friday it reached a preliminary agreement with Boeing to settle a long-running criminal probe into deadly 737 MAX crashes, drawing condemnation from some crash victim families.

South Africa rescues all 260 miners stuck underground alive

Rescuers on Friday pulled out all 260 mine workers who had been stuck for more than 24 hours in an underground shaft in South Africa, the mine's operator said.

Trump fires new 50% tariff threat at EU, targets smartphones

US President Donald Trump rekindled his trade war with the European Union Friday as he insisted he would slap a 50 percent tariff on the bloc because talks with Brussels were "going nowhere."

Trump signs orders to boost US nuclear energy

President Donald Trump signed a series of executive orders Friday to boost nuclear energy in the United States, including by rolling back regulatory processes on a still divisive technology.

Distrusting Argentines loath to bank their 'mattress dollars'

Argentine "Rita Lopez," 84, keeps her US dollars hidden in an empty pea can in the kitchen. Since childhood, she has steered clear of banks in a country that has veered from one economic crisis to another.

How Ronaldo's La Liga ownership foray turned sour in Valladolid

Seven years after taking over Real Valladolid, Brazil great Ronaldo's venture into La Liga's boardrooms has ended in fiasco with three relegations and a fan revolt against their absentee president.

Brazil great Ronaldo sells majority stake in Valladolid

Real Valladolid said Friday Brazil great Ronaldo is selling his stake in the Spanish club to a North American investment company.

Stock markets fall as Trump threatens tariffs on EU, Apple

Stock markets fell back Friday after US President Donald Trump ended a lull in his trade war with threats of massive tariffs on Apple products and imports from the European Union.

German court says Meta can use user data to train AI

A German court on Friday dismissed an injunction request brought by consumer protection groups to prevent US tech giant Meta from using user data from Facebook and Instagram to train artificial intelligence systems.

Trump fires new 50% tariff threat at EU, drawing stiff response

President Donald Trump rekindled the US trade war on Friday, threatening to impose a 50 percent tariff on the European Union -- and drawing a strong response from European politicians.

S.Africa moves to ease black empowerment law under Starlink pressure

South Africa's government is moving towards easing its black ownership laws in the telecoms sector -- a policy change that would smooth the way for Elon Musk's Starlink to enter the local market.

Stock markets sink as Trump eyes tariffs on EU, Apple

Stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war with threats of massive tariffs on Apple products and imports from the European Union.

France's TotalEnergies to face court in June in 'greenwashing' case

TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges -- an unprecedented case in France against a major fossil fuel company, activists said Friday.

Napoleon's sword sold at auction for 4.7 mn euros

A sword that belonged to Napoleon and was specially ordered for the personal use of the French emperor fetched almost 4.7 million euros at auction in Paris, many times the asking price and coming close to a new record price for a Napoleonic artefact, the auction house said.

European stocks sink as Trump puts EU in tariff crosshairs

European stock markets tumbled Friday after US President Donald Trump ended a lull in his trade war as he raised the spectre of hitting imports from the European Union with a massive 50-percent tariff.

Stocks firm, dollar drops at end of rocky week

Major stock markets mostly firmed and the dollar slid Friday following volatility this week triggered by concerns over high US debt.

Stocks bounce after Treasury-led sell-off

Equities mostly rose Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.

Stocks mixed after Treasury-led sell-off

Equities were mixed Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote.

British king to visit Ottawa amid Trump-Canada tension

Britain's King Charles III will travel to Canada early next week for a brief but "impactful" visit, at a time when President Donald Trump is floating the idea of making his northern neighbour the 51st US state.

Thai athlete, 105, unrivalled but not lonely at World Masters Games

Sawang Janpram is in a league of his own at the World Masters Games in Taiwan -- at 105 he is the oldest competitor and the only person in his age group.

Japan core inflation tops forecasts as rice prices almost double

Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war.

Japan PM presses Trump on tariffs ahead of new talks

Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies.

Trump attends memecoin gala as protesters slam 'crypto corruption'

US President Donald Trump hosted a closed-door dinner for hundreds of top investors in his crypto memecoin Thursday, as sign-holding protesters outside and Democratic opponents decried the event as blatant "corruption."

Colombian VP accuses government of 'racism, patriarchy'

Colombia's leftist government was plunged into fresh crisis Thursday after the country's first black vice president described the administration as racist and patriarchal.

Anthropic touts improved Claude AI models

Anthropic unveiled its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set new standards for reasoning, coding, and digital agent capabilities.

G7 finance talks end in show of unity despite tariff turmoil

G7 finance ministers wrapped up talks in western Canada on Thursday with a show of unity, saying the economic policy uncertainty that has swept the globe was easing and vowing further progress towards stability.

G7 finance chiefs push for consensus despite Trump tariffs

G7 finance leaders played down their differences Thursday, despite turmoil from US President Donald Trump's wide-ranging tariffs, and sought common ground on Ukraine as talks in Canada entered the final hours.

Xiaomi launches new advanced in-house mobile chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop.

Stocks, oil prices retreat on US debt worries

Equities and oil prices slid Thursday on concerns over the US economy as President Donald Trump tries to push through fresh tax cuts that risks sending the country's deficit ballooning further.

Japan shows off futuristic 'railgun' at defence expo

As Japan's biggest defence exhibition kicked off this week, visitors got a close-up look at a model of its futuristic "railgun" that its makers hope will be able to shoot down hypersonic missiles.

Norway film starring Elle Fanning gets 19-minute Cannes ovation

Director Joachim Trier found himself crying behind the camera as he shot "Sentimental Value", his moving new tale about a quietly fractured family that got an extraordinary 19-minute standing ovation Thursday at the end of its premiere at the Cannes film festival.

Ads pressured to evolve as AI changes Google search

As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine.

Sawt Falasteen - Economy (English)