Sawt Falasteen - Economy

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Featured

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.

US, Canada fail to reach trade pact to avert Trump tariffs

Hefty US tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.

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Channel tunnel strike blocks train travel

A wildcat strike by workers operating the Channel tunnel has blocked train travel between France and Britain since midday Thursday, train operator Eurostar said.

In UK seaside town, migrants call barge accommodation a 'prison'

In the damp December cold, a blue bus stops near Weymouth town centre in southwest England. A few men get off, relieved to be spending a few hours away from what they call their "prison" -- a barge housing asylum seekers.

Turkey's central bank delivers smaller rate hike

Turkey's central bank announced a smaller interest rate hike than in previous months on Thursday, signalling it is nearing the end of its monetary tightening as it battles double-digit inflation.

Markets mixed after Wall St losses as Fed rate rally pauses

Stock markets were mixed Thursday as investors took their foot off the gas after an extended rally fuelled by expectations the Federal Reserve will slash interest rates next year.

S. Korea #MeToo initiator's case dismissed by top court

South Korea's highest court dismissed claims for compensation from the initiator of the country's #MeToo movement on Thursday, after she had filed suit against a boss over alleged sexual abuse.

Sony PlayStation 5 sales cross 50 million units

Sales of Sony's PlayStation 5 have crossed 50 million units, the Japanese electronics giant said, pointing to "strong momentum" this year for its flagship gaming console.

Spain braces for annual 'Fat One' Christmas lottery

Spain kicks off its festive period on Friday with the world's richest lottery, splashing prize money and festive cheer across the country.

Toyota shares sink after Daihatsu suspension, US recall

Shares in Japanese auto titan Toyota dived Thursday as a rigged safety test scandal builds at subsidiary Daihatsu, and after it recalled a million vehicles in the United States over airbag safety concerns.

Fading colours: Bangladesh's threatened rickshaw art

Vibrant greens and swirling yellows, film stars, birds and architecture: Bangladesh's bicycle rickshaw drivers have for decades used their transport as a unique moving canvas of urban folk art.

Japan begins on-site inspection to Toyota unit Daihatsu

Japanese officials on Thursday started an on-site inspection at the headquarters of Toyota subsidiary Daihatsu, the transport ministry said, after an investigation found it had rigged safety tests and was forced to suspend all shipments of its vehicles.

Canada bids farewell to plastic straws, cutlery and checkout bags

Canadian restaurants and cafes were no longer permitted as of Wednesday to offer plastic straws, food containers, checkout bags or cutlery to customers -- despite a court ruling that such restrictions are unconstitutional.

Argentina's Milei orders huge deregulation of economy

Argentina's new leader Javier Milei on Wednesday unveiled a series of measures to deregulate the country's struggling economy, eliminating or changing more than 300 rules, including on rent and labor practices.

'A shield': Macron defends controversial immigration law

French President Emmanuel Macron on Wednesday defended a new immigration law that has split his party and sparked the resignation of his health minister, calling it a necessary "shield".

US electric scooter company Bird files for bankruptcy

US electric scooter rental company Bird announced Wednesday that it filed for bankruptcy protection as the once-hot startup reorganizes itself.

EU strikes budget reform deal after two-year wrangle

The EU agreed reforms Wednesday that will loosen budget rules with the goal of encouraging investments while keeping debt and spending under control, after France and Germany bridged their differences.

UK teens found guilty of killing trans girl

Two British teenagers were found guilty Wednesday of the "disturbing" murder of a 16-year-old transgender girl who died in a "frenzied and ferocious" knife attack.

US home sales edge up in November but still gloomy

Sales of US existing homes crept up in November, according to industry data released Wednesday, though they remained at a low level as high mortgage rates weigh on activity.

French health minister resigns over controversial immigration law

France's health minister resigned on Tuesday after the adoption of tough new immigration legislation backed by the far-right sparked an unprecedented rebellion within its ranks of President Emmanuel Macron's ruling party.

European stocks waver; London boosted by rate cut hopes

European stock markets wavered on Wednesday but London climbed and the pound sank as news of sharply slowing inflation stoked hopes of a Bank of England interest rate cut.

EU toughens rules on three major porn platforms

The European Union on Wednesday added three pornographic websites to its list of online platforms that are large enough to come under tougher safety regulation.

French govt seeks to calm tensions over immigration bill

French President Emmanuel Macron on Wednesday sought to restore unity to his centrist ruling party after the adoption of a tough immigration bill under pressure from the far right sparked an unprecedented rebellion within its ranks.

Hamas chief in Egypt for talks on Gaza truce and hostage release

The leader of Hamas visited Egypt on Wednesday as hopes grew that Israel and the Palestinian militant group may be inching toward another truce and hostage release deal in the Gaza war.

Toyota subsidiary to halt all shipments over rigged safety tests

Toyota subsidiary Daihatsu said Wednesday it will suspend shipments of all car models in Japan and abroad, following news it had rigged safety tests.

UK inflation hits lowest level in more than two years

British inflation has slowed sharply to the lowest level in more than two years on falling petrol prices, official data showed Wednesday, easing a cost-of-living crisis after aggressive interest-rate hikes.

Hospital doctors in England start new strike over pay

Hospital doctors in England begin their longest strike action yet on Wednesday in a move that health bosses fear will pile pressure on services at the busiest time of year.

Toyota subsidiary to halt shipment of all models over rigged safety tests

Toyota subsidiary Daihatsu said Wednesday it will suspend shipments of all car models currently in production both in Japan and abroad, following new revelations about its rigging of safety tests.

Online video games, the latest hunting grounds for drug cartels

Narcotics police the world over are sprucing up their video game skills, as cartels go increasingly online to sell drugs and recruit dealers.

Waning influence of OPEC+ in spotlight as prices flag

Despite slashing oil production for months on end and announcing new cuts in late November, the Organization of the Petroleum Exporting Countries (OPEC) and its ten allies have struggled to boost flagging prices.

Hamas chief due in Egypt for Gaza ceasefire talks

The head of Hamas was due in Egypt on Wednesday for talks on a fresh ceasefire in Gaza, after Israel said it was willing to agree to another pause in exchange for more hostages.

Asian markets track another Wall St record on rate hopes

Asian stocks rallied Wednesday, following another record performance on Wall Street as traders continue to bet on the US Federal Reserve slashing interest rates several times next year.

New York state to study slavery reparations

New York state said on Tuesday that it would establish a commission to study reparations for slavery and victims of racism, following a similar undertaking in California, which pioneered the approach to such historical injustices in the United States.

France passes immigration bill despite Macron party rebellion

The French parliament on Tuesday passed an immigration bill backed by the government of President Emmanuel Macron after he faced a major rebellion within his own party over the support of the toughened-up legislation by the far right.

Sawt Falasteen - Economy (English)