Sawt Falasteen - Economy

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Featured

Oil rises as Saudi Arabia vows resonse to attacks

Oil prices rose Monday as Yemen's Iran-backed Houthi movement launched additional strikes on Saudi Arabia, adding to worries about tight global supplies heading into the northern hemisphere winter.

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.

Last news

EU leaders vow 'firm' response to US tariffs

EU chief Ursula von der Leyen vowed on Tuesday to retaliate firmly against US President Donald Trump's decision to impose tariffs on steel and aluminium imports.

YouTube, the online video powerhouse, turns 20

YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.

Playgrounds come alive again with Brazil school phone ban

In Rio de Janeiro, children are playing again "like in the old days," and their focus in class has improved after a school cellphone ban pioneered in the city that has now gone national.

Could a climate megaproject cloud Chile's unparalleled views of universe?

As night falls on the Atacama desert in northern Chile four giant telescopes turn their gaze towards the star-strewn heavens.

Trump signs executive orders on steel, aluminum tariffs

US President Donald Trump on Monday made good on a promise to slap 25 percent tariffs on steel and aluminum imports, stepping up a long-promised trade war despite warnings from Europe and China.

US judges challenge Trump cuts as legal battles mount

The Trump administration was on a collision course with the US courts Monday, with federal judges questioning the legality of the White House’s cost-cutting onslaught of government and Vice President J.D Vance warning the judiciary to back off.

Global stock markets brush off latest Trump tariffs

Global stock markets rose on Monday, as traders largely shrugged off US President Donald Trump's latest tariffs announcement on steel and aluminum.

US federal workers weigh Trump buyout as court to step in

US federal workers face another deadline Monday to accept a mass buyout from their government jobs as a judge holds a key hearing on whether the offer is legal.

McDonald's profits dented by food poisoning outbreak

McDonald's reported a dip in profits Monday as it contended with lingering effects from a US food poisoning outbreak that depressed sales in its home market.

Trump to impose new 25% tariffs on steel, aluminum

US President Donald Trump plans to slap 25 percent tariffs on steel and aluminum imports Monday, prompting threats of retaliation from Europe and a warning from China that there are no winners in a trade war.

Global stocks markets push higher despite more Trump tariffs

Global stock markets rose Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement surrounding levies on steel and aluminium.

Nestle share slump adds pressure on new boss

Nestle's slumping share price is rattling shareholders and pension funds that have invested in the food giant, piling pressure on its new boss ahead of Thursday's annual results.

Spain boss Tome denies 'punishing' Hermoso after forced kiss

Spain manager Montse Tome on Monday denied "punishing" Jenni Hermoso by dropping her after ex-football federation chief Luis Rubiales forcibly kissed her at the 2023 Women's World Cup final.

Global stocks rise despite more Trump tariffs

European and Asian stock markets rose Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement surrounding levies on steel and aluminium.

Nokia names Intel's AI head to replace CEO

Finnish telecommunications equipment giant Nokia announced on Monday it would replace chief executive Pekka Lundmark with Justin Hotard, an American executive overseeing artificial intelligence at US chip-maker Intel.

Trump to impose new 25% tariff on US steel, aluminum imports

US President Donald Trump plans to impose 25-percent tariffs on steel and aluminum imports from Monday, prompting the threat of retaliation from Europe and a warning from China that there were no winners in a trade war.

Nokia CEO Lundmark to be replaced by Intel AI chief Hotard

Finnish telecommunications equipment giant Nokia announced on Monday that chief executive Pekka Lundmark would step down and be replaced by Justin Hotard, the head of AI and data centres at US chip-maker Intel.

Most Asian markets drop as traders weigh Trump's latest tariff salvo

Equities were mostly down in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face "reciprocal" levies.

Afghan wedding halls light up sombre Kabul nights

As night settles over Afghanistan's capital, only a few small lights and neon signs pierce the darkness and thick blanket of winter pollution.

Trump says will impose 25% tariffs on US steel, aluminum imports

The United States will move to impose 25-percent tariffs on steel and aluminum imports this week, President Donald Trump said Sunday, the latest in a slew of trade levies he has announced.

Trump says Musk will help uncover 'hundreds of billions' in US govt fraud

President Donald Trump said in remarks airing Sunday that Elon Musk, who is presiding over a purge of US government jobs, will help find "hundreds of billions of dollars of fraud" in federal agencies.

Baltic nations 'successfully' link with European power grid

The three Baltic states successfully connected to the European power grid Sunday after severing Soviet-era links with Russia's network, a shift that EU chief Ursula von der Leyen hailed as "freedom from threats and blackmail".

AI app offers a lifeline for S.Africa's abused women

She says she was violated by police. Now she's brainstorming an AI-integrated app with a panic button that alerts private security to help other women caught in South Africa's tragically high rates of abuse.

China inflation picks up after Lunar New Year spending boost

Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending.

Record gold prices both boon and burden for London jewellers

In London's Hatton Garden jewellery quarter, stores have raised their iron shutters to welcome a motley crew of buyers and sellers, as the price of gold reaches record highs.

Musk risks putting EU buyers off Tesla: analysts

Elon Musk's rapprochement with US President Donald Trump, his backing of European far-right parties and attacks on diversity policies could drive European buyers away from Tesla, analysts say.

PlayStation Network back online after 24-hour outage

Sony PlayStation's online services came back online on Saturday, the Japanese group said, after a 24-hour outage frustrated gamers around the world.

Soaring egg prices have US consumers squawking

A resurgence of avian flu, which first struck the United States in 2022, is hitting chicken farms hard, sending egg prices soaring and rattling consumers accustomed to buying this dietary staple for only a few dollars.

Elon Musk says has no plans to acquire TikTok's US operations

Elon Musk, the world's richest person and a top advisor to US President Donald Trump, said he has no interest in acquiring social media platform TikTok's operations in the United States, in comments released Saturday.

Baltics disconnect from Russian power grid without incident

The three Baltic states on Saturday seamlessly cut ties with Russia's power grid to integrate with the European Union's network, a switch that gained urgency with Moscow's invasion of Ukraine.

PlayStation outages frustrate users around the world

From the United States to Thailand, users of the popular Sony PlayStation consoles might encounter "difficulties," the Japanese group said Saturday, as game players around the world expressed their frustration.

Lula pushes mega-oil project as Brazil prepares to host COP30

Brazil's president this week amped up pressure for a major oil project to go ahead at the mouth of the Amazon River, despite criticism from environmentalists as the country prepares to host UN climate talks in November.

Sawt Falasteen - Economy (English)