Sawt Falasteen - Economy

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Featured

French supermarkets suffer refrigerator shutdown after 'unprecedented' cyberattack

Major French supermarket chains on Monday said they had been hit by a cyberattack that caused their refrigerators to defrost in hundreds of stores, forcing spoilt food to be thrown away and raising concerns about food security.

Federal agents search home of Trump critic Ilhan Omar: government

US federal agents searched the Washington home of Democratic congresswoman Ilhan Omar on Monday as part of a criminal investigation, officials said, marking a dramatic escalation in President Donald Trump's confrontation with the outspoken lawmaker.

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Meta fires employees for leaks amid Zuckerberg's Trump pivot

Meta on Thursday said it had laid off 20 workers for leaking information to the media, as the social media giant faces pressure over the recent political shift of its boss Mark Zuckerberg towards US President Donald Trump.

Trump tariffs: What's been done and what is to come?

From tariffs to counter "unfair trade" to duties over illegal immigration and fentanyl smuggling, President Donald Trump has unleashed a volley of threats since taking office, sparking fears of widening trade tensions.

Mexican president hopes to talk with Trump to avoid tariffs

Mexican President Claudia Sheinbaum said Thursday that she hoped to talk to her US counterpart Donald Trump as part of efforts to avoid being hit with his threatened tariffs.

The risks of Trump tariffs encapsulated in a car key

They unlock vehicles with just the touch of a button, but the manufacturing of electronic car keys is anything but simple, illustrating the potential complexities and costs of US President Donald Trump's threatened tariffs.

Trump says China to face added 10% tariff starting in March

US President Donald Trump said Thursday that he would impose an added 10 percent tariff on Chinese imports while moving ahead with levies on Canada and Mexico next week, citing "unacceptable" drug smuggling.

Toronto Pride says sponsors bolting over Trump's anti-DEI push

The head of Canada's largest Pride festival said major corporate sponsors, which also do business in the United States, have withdrawn support to avoid being seen as favorable to LGBTQ initiatives.

In major shift, Ocalan calls for PKK to drop weapons, disband

Jailed PKK founder Abdullah Ocalan on Thursday called for his Kurdish militant group to lay down its weapons and dissolve itself in a landmark declaration read out in Istanbul.

European stock markets slide as Trump targets EU with tariffs

European stock markets struggled Thursday after US President Donald Trump's latest tariffs salvo, this time against the European Union, while earnings from chip titan Nvidia failed to impress despite another record performance.

Ocalan: Kurdish PKK founder who urged his fighters to disarm

Abdullah Ocalan, the jailed founder of the militant Kurdistan Workers Party (PKK), is an icon to many Kurds, but a "terrorist" to many within wider Turkish society.

'No need to overthink': China Tesla fans unfazed by Musk politics

Tesla founder Elon Musk's role in the Trump administration has risked isolating the firm's traditionally liberal customers in its home market but consumers in US trade rival China seemed largely indifferent on Thursday.

Audi Brussels shuts down as Europe's auto woes deepen

An Audi factory in Brussels billed as the "cradle" of the German carmaker's electric drive is shutting down production for good on Friday, the latest sign of the woes afflicting Europe's auto industry.

Stock markets struggle as Trump tariffs target EU

Stock markets struggled Thursday after US President Donald Trump's latest tariffs salvo, this time against the European Union, while earnings from chip titan Nvidia failed to impress despite another record performance.

Jailed PKK leader Ocalan expected to call for peace with Turkey

Jailed PKK leader Abdullah Ocalan was expected to make a "historic declaration" on Thursday on ending the decades long conflict between Kurdish groups and the Turkish state.

EU's top team in India to bolster relations

The EU's top team arrived in India on an "unprecedented" visit Thursday, aiming to broaden commercial and diplomatic ties and hedge against souring relations with the United States.

Two men publicly flogged in Indonesia for gay sex

Two men were publicly flogged in Indonesia's conservative Aceh province on Thursday after they were found guilty of sexual relations by a court operating under strict Islamic law.

The women brewing change in India, one beer at a time

As a fixture of India's burgeoning craft beer scene, Varsha Bhat is a rarity twice over: first as a woman who brews alcohol, and second as a woman who drinks it.

Asian markets mixed after latest Trump tariff threat

Asian markets fluctuated Thursday as investors tried to assess US President Donald Trump's latest tariffs salvo, while earnings from chip titan Nvidia failed to impress, despite another record performance.

7-Eleven owner shares plunge as family buyout fails

Shares in the Japanese owner of 7-Eleven plunged as much as 12 percent on Thursday after the convenience store giant said its founding family failed to put together a white-knight buyout.

US Fed will 'adapt' to any policy changes, Chicago's Goolsbee says

The US Federal Reserve will "adapt" to policy changes made by the administration of US president Donald Trump, but would struggle to "disentangle" how those changes affect inflation from other factors impacting the American economy, a senior bank official said Wednesday.

US stocks mixed as investors weigh latest Trump tariff broadside

Wall Street stocks were mixed at the end of a choppy session Wednesday as US President Donald Trump signaled plans for tariffs on the European Union.

AI chip giant Nvidia reports blockbuster revenue

Nvidia on Wednesday said it finished its fiscal year with record high revenue of $130.5 billion, driven by demand for its chips to power artificial intelligence in data centers.

EU was born to 'screw' US, Trump says

President Donald Trump said Wednesday that the European Union was born to "screw" the United States, laying bare his hostility to the longtime US partner as he detailed new tariffs.

Trump's trade envoy Jamieson Greer confirmed by lawmakers

US lawmakers voted Wednesday to confirm lawyer Jamieson Greer as Donald Trump's trade envoy, rounding out the president's top economic team with a key figure in tariff policy as the president threatens levies on friend and foe alike.

Eyeing Trump trade policy shakeup, Eli Lilly to build 4 US factories

US pharmaceutical giant Eli Lilly announced Wednesday that it will build four additional new manufacturing sites in the United States in a committment designed to influence upcoming Trump administration decisions on trade and other issues.

G20 leaders say global stability threatened by declining cooperation

The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US treasury secretary.

Stock markets climb with tech in focus

Global stock markets climbed on Wednesday, helped by renewed interest in the tech sector.

US new home sales miss expectations in January on cold weather

Sales of new US homes slumped more than expected in January, government data showed Wednesday, with cold weather and stubborn cost-of-living pressures weighing on buyers as Donald Trump returned to office.

EU vows to slash red tape but stick to climate goals

The EU on Wednesday proposed paring back its environmental rules to give businesses breathing room faced with US and Chinese competition -- while still vowing to decarbonise Europe's economy.

France court orders retrial of Chilean over alleged murder of ex-girlfriend

France's top court on Wednesday ordered a retrial of a Chilean accused of killing his Japanese ex-girlfriend in the eastern city of Besancon in 2016, ruling that investigators had withheld evidence from his defence team.

Dreadlocks and downward dogs: Oslo's new bishop takes unorthodox approach

The day before she was ordained the Bishop of Oslo in the presence of Norway's king, Sunniva Gylver stretched out barefoot in front of the altar, leading a service that combined liturgy and yoga exercises.

Indonesia agrees deal with Apple that could end iPhone sales ban

Indonesia has struck a deal with Apple for the tech giant to invest in the country, its industry minister and the company said Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.

Sawt Falasteen - Economy (English)