Sawt Falasteen - Economy

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Featured

Thousands expected at Sweden climate demo as election looms

Around 10,000 people are expected to turn out for a climate demonstration in Stockholm on Sunday, according to Swedish police and organisers, just weeks ahead of a general election where the issue is among voters' top concerns.

Macron hosts Saudi's MBS for visit ranging from esports to Mideast

French President Emmanuel Macron welcomes Saudi crown prince and de facto ruler Mohammed bin Salman on Sunday for a two-day visit set to range from esports to the war in the Middle East.

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Climate activists fire confetti cannon at Sigourney Weaver London play

Two climate activists disrupted a London stage performance of William Shakespeare's "The Tempest", starring Hollywood actress Sigourney Weaver, on Monday.

German, Danish leaders meet after Trump Greenland warnings

German Chancellor Olaf Scholz and Danish Prime Minister Mette Frederiksen met on Tuesday in a show of unity after US President Donald Trump again stressed his designs on Greenland.

Breakout Chinese AI 'programmed' to toe the party line

Chinese AI chatbot DeepSeek has made waves in Silicon Valley, stunning investors and industry insiders with its ability to match the skills of its Western competitors at a fraction of the cost.

Trump warns of 'wake-up call' as low-cost Chinese AI jolts sector

Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.

How Donald Trump weaponized tariffs

When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else.

EU, Britain to face off in post-Brexit fishing battle case

A tiny silver fish which is an important food source in the North Sea will take centre stage Tuesday as the European Union and Britain square off over post-Brexit fishing rights.

Do or DEI: Trump's assault on diversity divides America

For President Donald Trump's allies, his crackdown on the "illegal and immoral discrimination" of equal opportunities programs reflects a shifting US electorate that has lost patience with ineffective and performative political correctness.

'Tell the world': Holocaust survivors entrust memories to AI

Survivors of the Holocaust have entrusted their memories of the Nazi death camps to artificial intelligence to ensure that generations to come can access recollections of the genocide of six million Jews.

Chinese property giant Vanke warns of huge loss, CEO resigns

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities.

Taiwan identifies 52 'suspicious' Chinese ships for close monitoring

Taiwan has identified 52 "suspicious" Chinese-owned ships flying flags of convenience that require close monitoring if detected near the island, the coast guard said Monday, as Taipei seeks to protect its subsea telecoms cables.

Chinese lion dance troupe shrugs off patriarchal past

Flinging her male teammate into the air, performer Lin Xinmeng practises China's world-famous lion dance with a troupe that is shrugging off centuries of patriarchal norms.

Asian stocks drop as tariff fears return, new AI programme emerges

Asian markets mostly fell Monday on fresh trade fears after Donald Trump's threat to impose huge tariffs on Colombia in retaliation for its refusal to accept deportation flights from the United States.

Troubled European carmakers to talk fines and EVs with EU

Europe's biggest carmakers will converge on Brussels for talks this week as the EU seeks to chart a way forward for an embattled industry struggling to cope with Chinese competition and climate rules.

Japan's Osaka bans street smoking ahead of Expo 2025

The Japanese city of Osaka on Monday imposed a smoking ban on public streets as part of efforts to become more visitor-friendly ahead of this year's World Expo.

ECB to cut rates again, with a nervous eye on Trump

Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.

Universal, Spotify ink multi-year deal

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.

Undersea cable between Sweden and Latvia damaged, both countries say

Latvia said it had dispatched a warship on Sunday after damage to a fibre optic cable to Sweden that may have been "due to external factors".

Belarusians near Ukraine border long for end to war

Living 30 kilometres from the Ukrainian border, Belarusian retiree Sergei Budyukhin says the war on the other side of the frontier never feels far away.

US Fed prepares to pause in first rate decision since Trump's inauguration

The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump.

Rubbish roads: Nepal explores paving with plastic

Cars speeding along a smooth, black-coloured street in Nepal's Pokhara are also driving over heaps of discarded plastic, transformed into an ingredient in road construction.

US stocks retreat while yen gains on Bank of Japan rate hike

Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.

Serbians strike in protest over fatal roof collapse

Thousands of young people took to streets across Serbia on Friday, after student protest organisers called for a general strike over the fatal collapse of a train station roof in November.

Meta plans to invest $60 bn or more in AI this year

Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.

Croatians boycott shopping to protest high prices

Supermarket aisles were quiet across Croatia on Friday as consumers protested high food prices by joining a boycott on shopping.

US home sales in 2024 weakest in nearly 30 years

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.

Stocks diverge as investors weigh earnings, Trump policies

Global stock markets were pulled in different directions on Friday as investors weighed corporate earnings, economic data and US President Donald Trump's policies.

Beached whales: Airbus grounds its massive Beluga cargo flights

European aerospace giant Airbus confirmed Friday that it was shutting down its speciality freight business using colossal Beluga jets, resulting in the loss of 75 jobs.

IMF chief tells Europe to take page out of US book

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."

Saudis showcase charm offensive in Davos

Two buildings branded "Saudi House" and "Saudi At Davos" stand out on the chic main street of the Swiss Alpine village hosting the World Economic Forum, showcasing the kingdom's growing presence at major international events.

Maltese businessman accused in journalist's murder granted bail

A Maltese businessman behind bars for five years for alleged involvement in the murder of the investigative journalist Daphne Caruana Galizia was granted bail Friday, even as he continues to await trial.

Kazakhstan delays release of Azerbaijan plane black box data

The publication of the black box data from an Azerbaijani plane that crashed in Kazakhstan last month has been delayed, a Kazakh official said Friday, after Azerbaijan accused Russia of shooting the airliner.

France asks EU to delay rights, environment business rules

France on Friday asked the European Union to suspend "indefinitely" landmark new rules on environmental and human rights supply chain standards, saying they were too burdensome for businesses.

Sawt Falasteen - Economy (English)