Sawt Falasteen - Economy

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Featured

US Fed set to hold rates steady in the face of Trump pressure

The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs.

'Hidden treasure': Rare Gandhi portrait up for UK sale

A rare oil painting of Indian independence leader Mahatma Gandhi, which is believed to have been damaged by a Hindu nationalist activist, is to be auctioned in London in July.

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Petals and thorns: India's Booker prize author Banu Mushtaq

All writers draw on their experience, whether consciously or not, says Indian author Banu Mushtaq -- including the titular tale of attempted self-immolation in her International Booker Prize-winning short story collection.

Italy holds referendum on citizenship, workers' rights

Italians vote on Sunday and Monday in a referendum on easing citizenship rules and strengthening labour laws, with Giorgia Meloni's government opposing both changes and urging people to abstain.

Trump deploys National Guard over LA immigration protests

US President Donald Trump deployed 2,000 troops on Saturday to handle escalating protests against immigration enforcement raids in the Los Angeles area, a move the state's governor termed "purposefully inflammatory."

WorldPride March in Washington thumbs nose at Trump

Rainbow flags flooded Washington's streets on Saturday as the US capital celebrated WorldPride with a massive show of support for LGBTQ rights, which are facing an assault by the Trump administration.

'Return to your country' Kabul tells Afghans rebuffed by Washington

The Taliban government on Saturday urged Afghans hoping to emigrate to the United States to instead return to Afghanistan, after Washington tightened entry conditions.

In Tunisia's arid south, camel milk offers hope for economic gain

Deep in Tunisia's desert south, camels stride toward humming milking machines. Their milk is at the heart of a women-led project promising an economic lifeline for disadvantaged communities.

Wrongly deported Salvadoran migrant arrested on return to US

The Salvadoran migrant at the heart of a row over President Donald Trump's hardline deportation policies was returned to the United States on Friday and arrested on human smuggling charges, officials said.

Trump says fresh US-China trade talks in London next week

US President Donald Trump announced Friday a new round of trade talks with China in London next week, a day after calling Chinese counterpart Xi Jinping in a bid to end a bitter battle over tariffs.

Man Utd raise profit forecast despite turbulent season

Manchester United on Friday raised its estimate for annual core profit to between £180 million ($244 million) and £190 million after a run to the final of the Europa League boosted club coffers.

EU states look to trim compensation for flight delays

EU countries have backed a plan to allow airlines to incur longer flight delays before having to compensate passengers -- a contested move intended to be offset by several new passenger rights.

Stocks and dollar climb on reassuring US jobs data

Major stock markets and the dollar pushed higher Friday as key jobs data showed the US labour market is resilient in the face of uncertainty over President Donald Trump's tariffs.

US job market cools but resilient for now despite Trump tariffs

US hiring eased in May but remained resilient, government data showed Friday, in a gradual slowdown amid business uncertainty while scrutiny intensifies over the effects of President Donald Trump's widespread tariffs.

US job market resilient in May despite Trump tariffs

The United States added more jobs than analysts expected in May even as hiring cooled, government data showed Friday, a resilient showing amid growing scrutiny over the effects of President Donald Trump's widespread tariffs.

Slain UK journalist's book on saving the Amazon published

Three years after UK journalist Dom Phillips was murdered, his widow and colleagues have published the book he was working on to expose illegal destruction of the Amazon and seek solutions to save the rainforest.

Eurozone GDP growth revised up to 0.6% in first quarter

The eurozone economy expanded at a significantly faster pace than estimated in the first three months of 2025, official data showed Friday, thanks to better-than-expected growth in Germany and strong output in Ireland.

Russia cuts interest rates from two-decade high as economy slows

Russia's central bank on Friday cut its key interest rate to 20 percent -- down from a two-decade high of 21 percent -- as the economy slows and officials say months of rapid price rises are coming under control.

Germany faces two more years of recession if US trade war escalates: central bank

Germany could face two more years of recession if a trade war with the United States escalates sharply, the central bank said Friday, a bleak warning for Europe's struggling top economy.

India's Modi opens strategic railway in contested 'crown jewel' Kashmir

Prime Minister Narendra Modi made his first visit to Kashmir on Friday since a conflict with arch-rival Pakistan, opening a strategic railway line to the contested region he called "the crown jewel of India".

Amazon agrees to tackle fake reviews in UK: regulator

Amazon has agreed to clamp down on fake online reviews of products advertised on its UK site, Britain's competition regulator said Friday.

Markets wobble as Trump-Xi talks offset by Musk row

Markets stuttered on Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk.

New Europe push to curb children's social media use

From dangerous diet tips to disinformation, cyberbullying to hate speech, the glut of online content harmful to children grows every day. But several European countries have had enough and now want to limit minors' access to social media.

India's central bank cuts rates more than expected to boost growth

India's central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth amid concerns about the impact of US tariffs.

India police arrest two after deadly cricket stampede: reports

Indian police arrested two people including a senior executive at IPL-winning cricket team Royal Challengers Bengaluru after 11 fans were crushed to death during victory celebrations, local media reported Friday.

Asian markets wobble as Trump-Xi talks offset by Musk row

Asian markets stuttered Friday as optimism from "very positive" talks between presidents Donald Trump and Xi Jinping was wiped out by the stunning public row between the US leader and Elon Musk.

AI-generated Pope sermons flood YouTube, TikTok

AI-generated videos and audios of Pope Leo XIV are populating rapidly online, racking up views as platforms struggle to police them.

Norway adopts tourist tax to combat overtourism

Norwegian lawmakers approved Thursday the introduction of a tourist tax to help finance infrastructure improvements as a boom in visitors has led to worries about overtourism.

Executive bonuses banned at six UK water companies over pollution

Six UK water companies were banned Friday from paying bonuses to senior executives, which the government said would be inappropriate given their failure to clean up their massive sewage discharges.

Trump travel ban won't hit Los Angeles Olympics: organizers

Los Angeles 2028 Olympics organizers said Thursday the Games will not be impacted by President Donald Trump's ban on citizens from 12 countries from visiting the United States.

Trump-Xi call fuels market optimism but US stocks slip on Musk row

Wall Street closed lower Thursday as a spat between President Donald Trump and his billionaire former aide Elon Musk spilled into the public eye, but global markets were mixed while investors assessed trade talks between Washington and Beijing.

Judge scolds Sean Combs after he nods at jurors

The judge overseeing the US federal trial of fallen hip-hop giant Sean "Diddy" Combs threatened to remove him from the courtroom Thursday after he apparently made facial expressions at jurors.

Jury begins to consider Harvey Weinstein verdict

Jurors began deliberating their verdict in Hollywood mogul Harvey Weinstein's rape and sexual assault retrial Thursday after hearing from three women who allege the cinema power broker preyed on them.

Germany's Merz survives Trump test, despite Ukraine differences

German Chancellor Friedrich Merz came through his Oval Office encounter with Donald Trump relatively unscathed Thursday -- despite differences over Ukraine as the US president said it might be better to let Moscow and Kyiv fight it out like children.

Sawt Falasteen - Economy (English)