Sawt Falasteen - Economy

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Featured

'Survive, nothing more': Cuba's elderly live hand to mouth

With a monthly pension barely sufficient to buy 15 eggs or a small bag of rice, Cuba's elderly struggle to make ends meet in one of Latin America's poorest and fastest-aging countries.

Olympic balloon to rise again in Paris

A giant balloon that became a popular landmark over the skies of Paris during the 2024 Olympics is set to rise again, with organisers hoping it will once again attract crowds of tourists.

Last news

Trump says US tariffs to hit 'all countries'

President Donald Trump said Sunday the tariffs he plans to impose in the coming days would include "all countries", not just those with the largest trade imbalances with the United States.

Clock ticks on Trump's reciprocal tariffs as countries seek reprieve

The clock is ticking down to Donald Trump's "Liberation Day" when the US president has threatened to unleash a wide range of tariffs against countries running persistent trade imbalances with the United States.

China manufacturing activity grows at highest rate in a year

China's manufacturing activity grew in March for the highest rate in a year, official data showed Monday, a rare bright spot as the world's second-largest economy struggles to climb out of a prolonged slump.

Japan's Nikkei leads big losses in Asian markets as gold hits record

Tokyo led another plunge across Asian markets Monday while gold hit a record high as investors steel themselves for a wave of US tariffs this week that has fuelled recession fears.

Aperia Compliance, an IXOPAY Company, Appoints Tony Norrie as President to Drive Growth for Scalable Compliance Solutions

Seasoned payments executive joins to expand PCI compliance reach, leverage synergies with IXOPAY's global payment orchestration platform

'Working Man' tops N.America box office as 'Snow White' ticket sales melt

MGM's new thriller "A Working Man," with Jason Statham, emerged atop a flock of new films this weekend in North America, earning an estimated $15.2 million, industry watcher Exhibitor Relations reported Sunday.

Prince Harry charity rift blows up as chair makes fresh allegations

A bitter boardroom row at an African charity Prince Harry founded and then quit escalated Sunday after its chairperson accused the prince of "bullying" and being involved in a "cover up".

Iran police disperse pro-hijab protesters outside parliament

Iranian police have dispersed a weeks-long sit-in by demonstrators supporting the mandatory head covering for women, state media reported, after authorities deemed the gathering illegal.

Pentagon chief says US will ensure 'deterrence' across Taiwan Strait

The United States will ensure "robust, ready and credible deterrence" in the Indo Pacific, including across the Taiwan Strait, US Defense Secretary Pete Hegseth said Sunday, calling Chinese actions "aggressive and coercive".

Hudson's Bay Company: from fur trade to department store downfall

From the 17th century fur trade that birthed a nation to the last major department store in Canada, The Hudson's Bay Company has left an indelible mark, but its storied 354 years are crashing to an end.

China, South Korea and Japan agree to strengthen free trade

China, South Korea and Japan agreed Sunday to strengthen free trade, according to a joint statement from their top officials meeting in Seoul.

US, China raise the stakes in Panama Canal ports row

China's fury at the sale of Panama Canal ports to a US-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say.

Australian black market tobacco sparks firebombings, budget hole

Sky-high tobacco prices in Australia have created a lucrative black market, analysts say, sparking a violent "tobacco war" and syphoning away billions in potential tax revenue.

Charity chair accuses Prince Harry of 'bullying' as row escalates

The chair of a charity Prince Harry founded 20 years ago and then quit amid an increasingly public and vicious row accused him of "harassment and bullying" in an interview clip released Saturday.

WHO must cut budget by fifth after US pullout: email

The World Health Organization has proposed slashing a fifth of its budget following the US decision to withdraw, and must now reduce its reach and workforce, its chief said in an internal email seen by AFP on Saturday.

Denmark criticises 'tone' of Vance's Greenland comments

Denmark on Saturday said it did not like the "tone" of US Vice President JD Vance comments that Copenhagen had not done enough for Greenland during a visit to the strategically placed, resource-rich Danish territory coveted by US President Donald Trump.

Mike Leigh on the 'hard truths' of film, happiness and World War III

Like the action in his widely acclaimed new film "Hard Truths", veteran British director Mike Leigh swings between gratitude and despair as he reflects on his life and career.

UK dreams of US trade deal before Trump tariffs

Britain's government is hoping to reach a last-minute post-Brexit trade agreement with Washington to avoid -- or at least mitigate -- more tariffs set to be announced on Wednesday by US President Donald Trump.

'Defiant' Canada autoworkers vow to fight tariff layoffs

Jeff Gray, a union leader for Canadians working for GM, has a message for companies considering moving auto jobs to the United States in response to President Donald Trump's tariffs.

Global markets slide as fears over US tariffs intensify

Stock markets plunged Friday as a closely watched US inflation reading heated up amid intensifying concerns over fallout from President Donald Trump's incoming wave of tariffs.

Vance says Denmark has 'under invested' in Greenland

US Vice President JD Vance accused Denmark on Friday of not having done enough to protect Greenland, when he visited the strategically placed, resource-rich Danish territory coveted by US President Donald Trump.

Record fine for UK university renews free speech row

A UK university was fined half-a-million pounds this week for its treatment of a professor accused of transphobia by students, rekindling a debate on freedom of speech in academic institutions.

Stock markets slide over US inflation, tariff fears

Stock markets took a tumble Friday as a closely watched US inflation reading heated up, adding to concerns over the fallout from an incoming wave of tariffs by President Donald Trump.

Vance lands in Greenland as anger mounts over Trump takeover bid

US Vice President JD Vance landed in Greenland on Friday for a visit to a military base viewed by Copenhagen and Nuuk as a provocation at a time when President Donald Trump is seeking to annex the strategically placed, resource-rich Danish territory.

US 'in arrears' at the WTO

The United States has not paid its 2024 dues to the World Trade Organization and is therefore now deemed to be in "arrears", the WTO's spokesman said Friday.

US Fed's preferred inflation gauge shows some cause for concern

The US Federal Reserve's preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose.

Germany says 'nothing off table' in US tariff row

Germany said Friday it hopes the EU and United States can negotiate an agreement on US auto tariffs but the bloc was ready to retaliate, warning: "Nothing is off the table."

Stock markets drop as autos suffer more tariff-fuelled losses

Auto companies bore the brunt of stock market losses again on Friday after President Donald Trump announced steep tariffs on vehicle imports to accompany a wave of US levies next week.

No 'spring revival' for Germany as unemployment rises

Germany's unemployment rate unexpectedly rose in March after holding steady for two months, data showed Friday, with economists lamenting no "spring revival" was in sight for Europe's ailing top economy.

Pilgrim walks across Bosnia to help heal the lasting wounds of war

Josip Jelinic knelt down in the pouring rain, leaned on a wooden crucifix and uttered words that are still rare in Bosnia, 30 years after the end of a brutal civil war.

Asian markets sink as autos suffer more tariff-fuelled losses

Auto companies once again took the brunt of the selling on another tough day for markets Friday after President Donald Trump announced steep tariffs on vehicle imports to go with a wave of other US levies pencilled in for next week.

Japan PM says Trump's tariff views hard to understand

Japanese Prime Minister Shigeru Ishiba said Friday that Donald Trump's views on tariffs were "difficult to understand" after the US president announced 25 percent levies on imported cars and parts.

Sawt Falasteen - Economy (English)