Sawt Falasteen - Economy

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Featured

Liverpool condemn 'cowardly' racist abuse of Konate

Liverpool on Friday condemned racist abuse directed towards defender Ibrahima Konate as "dehumanising, cowardly and rooted in hate".

Far from war, global fuel frustrations mount

Far from the Middle East war, fallout from oil disruptions is reverberating across the world, unsettling lives from Lagos to Manila as people adjust to fuel price hikes and gas shortages.

Last news

EU to help reopen blocked oil pipeline in Ukraine

EU chief Ursula von der Leyen said Tuesday the bloc will help reopen a damaged pipeline that pumps Russian oil through Ukraine to Hungary -- after Budapest accused Kyiv of stalling on repairs in an escalating row.

Cash handouts, fare hikes as Philippines battles soaring fuel costs

Hundreds of Philippine tricycle drivers lined up Tuesday in Manila for cash handouts they hope will provide temporary relief from a war-driven surge in fuel prices that has left the country scrambling for short-term answers.

Indonesia weighs response to price pressures from Middle East war

Price pressures fuelled by the Middle East war may push Indonesia's government to reconsider its dogged defence of energy subsidies and a costly meals scheme close to the heart of President Prabowo Subianto, analysts say.

In Hollywood, AI's no match for creativity, say top executives

Artificial intelligence is transforming Hollywood at a pace that has sent shockwaves through creative industries, but human creativity will always prevail, a leading executive at the cutting edge of that change told AFP.

Migrant workers bear brunt of Iran attacks in Gulf

Bangladeshi migrant Ahmad Ali, 55, was doing his regular round delivering drinking water to residents in the United Arab Emirates when Iran launched its first retaliatory attacks against Gulf countries.

Trump vows to 'take' Cuba as island reels from oil embargo

US President Donald Trump vowed Monday to "take" Cuba as the communist island plunged into darkness under a total power blackout linked to a crippling oil embargo imposed by Washington.

Equities rise on oil easing, with focus on Iran war and central banks

Oil prices retreated and equities rose Monday as investors remained focused on the Strait of Hormuz, with US allies pushing back against President Donald Trump's demands to help reopen the key waterway to oil and natural gas tankers.

Nvidia rides 'claw' craze with AI agent platform

Nvidia announced Monday that it was joining the OpenClaw craze, unveiling tools to bring AI agents -- which can manage your email, files and calendar while you sleep -- into the corporate world.

Damaged Russian tanker has 700 tonnes of fuel on board: Moscow

A damaged Russian gas tanker that has been drifting in the Mediterranean without a crew for almost two weeks has 700 tonnes of fuel on board, Russia's foreign ministry said Monday.

Talks towards international panel to tackle 'inequality emergency' begin at UN

Talks towards creating a new international panel to address extreme wealth disparities, modelled on the United Nations' Intergovernmental Panel on Climate Change (IPCC), opened in Geneva on Monday.

EU talks energy as oil price soars

Energy ministers from the EU's 27 nations huddled in Brussels Monday to discuss how to help families and businesses as the Iran war sends energy prices soaring.

Swiss government rejects proposal to limit immigration

The Swiss government on Monday rejected a hard-right proposal to limit immigration to stop the population from hitting 10 million before 2050, arguing it would harm relations with the European Union.

Why Iranian drones are hard to stop

Cheap and deadly, Iranian-designed Shahed drones have inflicted major damage in the Middle East war, and have anti-jamming and other capabilities that make them difficult to stop.

"So proud": Irish hometown hails Oscar winner Jessie Buckley

Family, friends, and locals in the small Irish town of Killarney were bursting with pride Monday after homegirl Jessie Buckley became the first Irishwoman to win a best actress Oscar.

European bank battle heats up as UniCredit swoops for Commerzbank

Italian bank UniCredit on Monday made a 35-billion-euro ($40 billion) takeover offer for Commerzbank, sparking fury from Berlin and a defiant vow from the German lender to defend its independence.

Italian bank UniCredit makes bid for Germany's Commerzbank

Italian bank UniCredit on Monday made a 35-billion-euro ($40 billion) takeover offer for Commerzbank, a move likely to provoke fierce resistance from the German lender and the government in Berlin.

AI to drive growth despite geopolitics, Taiwan's Foxconn says

Taiwanese tech giant Foxconn on Monday said it expected the booming market for artificial intelligence servers to drive growth this year, despite volatility caused by global conflict.

Oil rises further above $100, stocks mixed as Iran war rages

Oil prices rose further above $100 a barrel Monday and stocks fluctuated as the Iran war moved into a third week with both sides showing no sign of backing down and diplomats trying to ensure safe passage for tankers through the crucial Strait of Hormuz.

Filipinas seek abortions online in largely Catholic nation

Jane had been bleeding heavily for days before finally seeking help, not from a hospital but from the man who sold her the pills meant to end her six-week pregnancy.

'One Battle After Another' dominates Oscars

"One Battle After Another" triumphed at the Oscars on Sunday, winning six awards, including the coveted best picture statuette, besting "Sinners" in a thrilling finale to one of the most competitive awards seasons in recent years.

Indonesia firms in palm oil fraud probe supplied fuel majors

Indonesian companies targeted in a palm oil fraud probe supplied European firms including Italian energy giant Eni and Finnish sustainable aviation fuel leader Neste, an investigation by AFP and SourceMaterial has found.

It's 'Sinners' vs 'One Battle' as Oscars day arrives

After months of expensive campaigns, the stage is set for the Oscars on Sunday, with all eyes on the race between "One Battle After Another" and "Sinners" for best picture, Hollywood's most coveted prize.

Iran warns countries to keep out of war as drone hits base used by Italy

Iran on Sunday warned other countries against getting involved in its war with the United States and Israel, as Rome reported a base in Kuwait hosting US and Italian troops was hit by a drone attack.

US Fed expected to hold rates steady as Iran war roils outlook

US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness.

It's 'Sinners' v 'One Battle' as Oscars day arrives

After months of expensive campaigns, the Oscars finally arrive Sunday, with all eyes on the race between "One Battle After Another" and "Sinners" for best picture, Hollywood's most coveted prize.

US mayors push back against data center boom as AI backlash grows

Data centers were supposed to be a gift. In cities across the United States, more and more mayors are treating them like a problem.

Who covers AI business blunders? Some insurers cautiously step up

As more businesses trust artificial intelligence "agents" to independently grow their revenues, some insurance firms are stepping in to cover any mistakes -- while others are steering clear.

Election campaign deepens Congo's generational divide

"Hoodlums," muttered 80-year-old village chief Joseph Batangouna as he walked past a group of young people sitting by the side of road in Mayitoukou, Congo-Brazzaville.

Middle East turmoil revives Norway push for Arctic drilling

Already the continent's biggest single supplier of natural gas since Russia invaded Ukraine, Norway is hoping to use the Middle East war to get European Union blessing to drill in the Arctic.

Iran, US threaten attacks on oil facilities

Iran threatened Saturday to reduce US-linked oil facilities to "a pile of ashes" as the two-week-old Middle East war spilled over into a global oil price crisis.

Oscars: the 10 nominees for best picture

It's Oscars time, and 10 films are in the running for best picture -- Hollywood's most prestigious prize.

Kharg Island bombed, Trump says US to escort ships through Hormuz soon

President Donald Trump said Friday that the United States had heavily bombed military targets on Iran's oil hub Kharg Island and the US Navy would soon begin escorting tankers through the Strait of Hormuz.

Sawt Falasteen - Economy (English)