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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France mourns loss of 1960s icon Francoise Hardy

France mourned the loss of a singular voice and a legend of French song on Wednesday, as the death of Francoise Hardy took one of the last icons of its 1960s heyday.

Pope Francis to weigh in on 'ethical' AI at G7 summit

Pope Francis will address G7 leaders on Friday on artificial intelligence, an unprecedented appearance that reflects the Vatican's growing interest in the new technology, its risks and rewards.

From swamp to sponge: Berlin harnesses rain in climate shift

In two years' time, a massive hole in the heart of Berlin will become the German capital's biggest reservoir, capturing an increasingly precious resource -- water.

Nigeria's dyed cloth traders feel heat from China, inflation

Despite the rain pelting Balogun market in Lagos, Ajoke takes her time choosing the tie-dye fabric known as adire that she wants to give as a gift.

Asian markets stutter as investors fret ahead of US releases

Worries about upcoming US inflation data and the Federal Reserve's outlook for interest rates permeated Asian trading floors Wednesday, while the euro continued to struggle owing to political uncertainty in Europe fuelled by shock EU election results.

ChatGPT a mentor for Japan's 89-year-old app developer

Japanese 89-year-old Tomiji Suzuki started coding in retirement and is now making apps for the fast-growing elderly demographic, using ChatGPT to fine-tune his skills.

Oil and gas industry hops on generative AI bandwagon

Away from the Microsoft and Googles of the world, a century-old industry -- oil and gas -- is hoping that generative artificial intelligence will make producing petroleum more efficient and easier on its workforce.

European stocks retreat on political unease as Apple lifts Nasdaq to record

European stock markets and the euro tumbled Tuesday amid heightened political uncertainty following weekend election results that bolstered far-right parties, while a rally in Apple shares lifted US stocks to fresh records.

Mexican president-elect says investors have nothing to fear

Mexican president-elect Claudia Sheinbaum said Tuesday that investors had nothing to fear from proposed judicial reforms that have rattled confidence in Latin America's second-largest economy.

European stocks, euro extend losses on hazy political horizon

European stock markets and the euro tumbled further Tuesday as investors faced weeks of political uncertainty after far-right gains in EU Parliament elections that sparked early elections in France.

World Bank upgrades global growth outlook on resilient US economy

The World Bank raised its global growth outlook on Tuesday on the back of resilient consumer spending in the United States, but warned that growth remains weak by historical standards.

European stocks, euro extend losses on political turmoil

European equities and the euro extended a sell-off Tuesday, fuelled by EU political uncertainty, while Asian markets also took a hit as investors looked ahead to inflation data and an interest rate decision in the United States.

French bosses fear far right's vague economic plans

French business leaders have been pitched into fresh uncertainty by snap elections called by President Emmanuel Macron that risk strengthening the far right.

Asian markets mixed ahead of key Fed announcement

Asian markets were mixed Tuesday as traders shifted nervously while awaiting the Federal Reserve's policy decision and the release of US inflation data, while the euro struggled to recover from a sell-off fuelled by political uncertainty in Europe.

Canada faces scourge of rising car thefts

Montreal-area resident Zachary Siciliani discovered recently that his car had simply disappeared -- likely in one of a rash of vehicle thefts in Canada.

Baltimore shipping lane fully reopens after bridge collapse

The Baltimore shipping lane blocked for more than two months after a cargo ship collided with a major bridge in March, sending it crashing into the water, fully reopened on Monday, authorities said.

Vinicius welcomes jail sentence for racially abusive fans

Vinicius Junior welcomed the eight-month prison sentences handed down on Monday to three Valencia fans for racially abusing him during a La Liga match last year.

Frost discovered on top of giant Mars volcanoes

Early morning frost has been detected on the peaks of massive volcanoes on Mars, an unexpected discovery about the dispersal of water on Mars that could one day prove essential for human exploration, scientists said.

Euro knocked by European vote uncertainty

The euro recoiled Monday after a far-right surge in weekend EU polls sparked a general election in France, although analysts believe the single currency will remain resilient.

EU targets UAE telecoms firm in new anti-subsidy probe

The European Union on Monday announced a formal anti-subsidy probe targeting an Emirati telecoms company, the first action under new rules to focus on a foreign bid to buy EU assets.

European stocks, euro stumble on EU vote turmoil

Europe's stock markets and the euro slid Monday after far-right parties performed well in EU elections, prompting French President Emmanuel Macron to call a snap parliamentary poll and plunging the bloc into political turmoil.

Irish PM urged to call early election after surge in support at polls

Ireland's prime minister Simon Harris was being urged Monday to call an early general election to capitalise on a surge in support for the government and a slump for the main opposition in European and local polls.

Fans get 8 months jail for racism targeting Real Madrid's Vinicius

Three Valencia fans were handed eight-month jail terms Monday for racist abuse towards Real Madrid star Vinicius Junior, a court said, in what Spain's La Liga said was the first such conviction in Spain.

Fencing offers teens hope in impoverished Nairobi slum

Along the muddy tracks of a sprawling slum in Kenya's capital Nairobi, scores of teenagers learn how to fence each weekend under Mburu Wanyoike, whose initiative offers hope in a place bedevilled by crime and lack of opportunity.

Thieves ram-raid Chanel store in Paris

Several thieves used a car early Monday morning to ram-raid a Chanel store near the Champs-Elysees avenue in Paris before setting it on fire and fleeing in another vehicle, a police source said.

European stocks, euro drop as EU vote sparks uncertainty

European markets sank with the euro on Monday after a win for far-right parties in EU elections and French President Emmanuel Macron's decision to call a snap parliamentary poll fuelled uncertainty in the bloc.

The Thai 'boys' love' TV dramas conquering Asia

At her lowest point, fighting burnout and depression in her Chinese hometown, Huang Bingbing says she found comfort in watching the escapist love story of two young men on a then-unknown Thai TV drama.

Tunisian all-women's team eye inventors' prize for smart wheelchair

A smart wheelchair system built by a team of young Tunisian women engineers has reached the finals for a prestigious European inventors' prize, setting a hopeful precedent in a country embroiled in multiple crises.

Asian markets fall as strong US jobs data dents rate cut hopes

Asian markets mostly fell Monday as a mixed jobs report eased worries about the US economy but dampened hopes for interest rate cuts, while political uncertainty in Europe weighed on the euro.

Apple to break AI silence at developers conference

Apple on Monday will attempt to persuade doubters on its AI strategy after rivals raced ahead in adopting artificial intelligence.

'Call of Duty' leads packed Xbox video game lineup

Microsoft's Xbox team on Sunday showcased action-packed coming video games and a new digital-only version of its console to launch by the end of this year.

Saudi Aramco says foreigners grab 'majority' of share offering

Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.

Sawt Falasteen - Economy (English)