Sawt Falasteen - Economy

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Featured

Fury as US federal agents search anti-Trump lawmaker's home

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.

A7 to unveil a service that will re-invent the international payments market

On 13 October, the Russian international settlement system A7, created by Bank PSB, is set to present A7 International, a service enabling payments for a foreign counterparty's invoice in USDT, with the funds arriving via a standard SWIFT bank transfer in the required currency.

Last news

Asian markets sink as Trump tariffs, China curbs stunt rally

Asian markets sank Tuesday as fears of US President Donald Trump's trade war returning to the fore and he called for fresh curbs on Chinese investments in strategic sectors including technology.

Trump calls for revival of Keystone XL Pipeline project axed by Biden

US President Donald Trump on Monday called for the revival of the controversial Keystone XL Pipeline project opposed by environmental activists that was blocked under his predecessor Joe Biden.

Latin American classics get the streaming treatment

Six decades after Latin America burst onto the international literary scene with magical tales that held up a mirror to the continent, its masterworks are enjoying a new moment as streaming platforms adapt them for the screen.

Fires, strikes, pandemic and AI: Hollywood workers can't catch a break

Dutch Merrick isn't really in a party mood for this year's Oscars.

Bolivia inaugurates steel plant built with Chinese loan

Short on foreign currency, Bolivia inaugurated a steel plant Monday that it hopes will reduce its reliance on metal imports, thanks to a loan from China.

Bahrain EDB Attracts Over USD 380 Million in Investment Commitments from Singapore

SINGAPORE, SINGAPORE / ACCESS Newswire / February 25, 2025 / The Bahrain Economic Development Board (Bahrain EDB) has secured over USD 380 million in investment commitments from Singapore-based companies, since the launch of Bahrain EDB office in Singapore in November 2023, across a number of priority sectors, namely financial services, ICT, manufacturing, and tourism.

'Assassin's Creed Shadows' leaked ahead of release

French video game giant Ubisoft said Monday that players had managed to "access" its hotly awaited new instalment of the popular "Assassin's Creed" series, which is scheduled to be released March 20 after repeated delays.

Spain's Telefonica sells Argentina subsidiary for $1.2 bn

Spanish telecommunications giant Telefonica agreed to sell its Argentine subsidiary to Telecom Argentina for $1.2 billion on Monday, prompting libertarian President Javier Milei's government to announce an investigation over competition concerns.

Frankfurt stocks rise on German vote outcome

Frankfurt equities squeezed out gains Monday after conservatives led by Friedrich Merz won Germany's national election, with investors hoping that Europe's largest economy can emerge from recession.

'Monster Hunter' on prowl for new audiences as latest game drops

With "Monster Hunter Wilds" pitting intrepid players against a menagerie of rampaging beasts on PC and consoles from Friday, the game's creators tell AFP they hope the 20-year-old franchise can still find new audiences.

Apple says to invest $500 bn in US over four years, hire 20,000 staff

Apple said on Monday it will spend more than $500 billion in the United States over the next four years and hire 20,000 staff, with President Donald Trump quickly taking credit for the announcement.

Frankfurt stocks, euro rise on German vote outcome

Frankfurt equities and the euro rose Monday after conservatives led by Friedrich Merz won Germany's national election, with investors hoping that Europe's largest economy can emerge from recession.

German business urges 'new beginning' after election

German business leaders called Monday for the swift formation of a new ruling coalition to usher in a "new beginning" for Europe's crisis-wracked top economy after the conservatives' election win.

Asian markets track Wall St loss; Frankfurt lifted by German vote

Asian markets mostly fell Monday following a dour end to last week for Wall Street fuelled by disappointing economic data, but Frankfurt and the euro rose after conservatives won Germany's closely watched election.

Indonesia launches new multi-billion-dollar sovereign wealth fund

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.

Most Asian markets track Wall St loss; Hong Kong extends gains

Asian markets mostly fell Monday following a dour end to last week for Wall Street, where a disappointing round of data added to concerns about the world's number one economy.

Conservatives win German vote as far-right makes record gains

Germany's conservatives won Sunday's elections, with their leader Friedrich Merz set to become the next chancellor, followed by the far-right AfD in second place after record gains, according to exit polls.

'Captain America' slips but clings to N. America box office lead

Marvel and Disney's "Captain America: Brave New World" clung to the top of the North American box office this weekend despite a steep drop from its opening, earning an estimated $28.2 million, analysts said Sunday.

Germans vote under shadow of far-right surge, Trump

Germans began voting Sunday in a pivotal election, with the conservatives the strong favourites after a campaign rocked by a far-right surge and the dramatic return of US President Donald Trump.

Hong Kong and Singapore lead Asia's drive to cash in on crypto boom

Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US President Donald Trump.

Well-off Hong Kong daunted by record deficits

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles.

Trump tariffs shake up China's factory heartland

In a drab office in China's industrial heartland, Andy Xiao frets over the future of his shoe materials business, now straining under sweeping tariffs imposed by Donald Trump.

Top issues in Germany's election campaign

From immigration and Germany's ailing economy to cannabis and gender politics, here is a round-up of the burning issues on voters' minds in the run-up to Sunday's election.

Friedrich Merz: conservative on verge of German chancellery

Friedrich Merz, the man expected to become Germany's next chancellor, has vowed to rule Europe's top economy by returning to his Christian Democrats' conservative roots, help business and crack down on irregular immigration.

Germans go to vote under shadow of far-right surge, Trump

German voters head to the polls on Sunday, with the conservatives the strong favourites after a campaign rocked by a far-right surge and the dramatic return of US President Donald Trump.

'Worst is over' as Chile's 'stolen' babies reunite with mothers

Four decades after they were cruelly forced apart, US-raised Adamary Garcia and her birth mother fell into each other's arms Saturday at the airport in Santiago, Chile.

France's agriculture show, an outlet for angry farmers

France's annual Agriculture Show has become a hotbed of protest by farmers, exasperated by low produce prices, heavy regulations and global competition, against the government they say doesn't care for them enough.

China's EV maker XPeng eyes doubling global presence by year's end

One of China's leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday.

Germany on eve of elections under shadow of US-European rift

German politicians made a final scramble for votes Saturday on the eve of key elections in which conservatives hope to win despite the dramatic rise of the far right targeting a record score.

France still seeking to block EU-Mercosur trade deal: Macron

France is still trying to assemble a "blocking minority" within the European Union to prevent a trade deal with four South American countries from coming into force, President Emmanuel Macron said on Saturday.

Ukraine's earth riches are rare and difficult to reach

Ukraine's soils hold some five percent of the world's mineral resources, which is what US President Donald Trump is anxious to secure, but not all of them are yet exploited -- or maybe even exploitable, according to experts.

On $15 a month, Venezuela's teachers live hand to mouth

With a monthly salary of $15, a teacher in Venezuela earns nowhere near enough to cover their basic food necessities, never mind rent or medicine.

Sawt Falasteen - Economy (English)