Sawt Falasteen - Economy

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Featured

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.

Arctic shipping a daunting prospect in hotly contested region

With Gulf turmoil slashing Suez Canal traffic, shipping firms are tempted to try the Arctic for quicker trips between Europe and Asia -- but commercial prospects are unlikely to match countries' strategic ambitions for the North Pole.

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Ryanair flies back into annual profit of 1.4 bn euros

Irish no-frills airline Ryanair rebounded back into bumper annual net profits, boosted by a "strong" post-Covid recovery despite spiking costs, it announced Monday.

Florida law puts a brake on hiring of undocumented workers

Benjamin Perez cleans houses in Miami for a living. Like tens of thousands of others in the Florida workforce, he toils without legal papers.

Biden, McCarthy to resume US debt talks with 10 days until deadline

Anxieties were mounting in Washington ahead of President Joe Biden's Monday meeting with Republican House Speaker Kevin McCarthy over negotiations to raise the US debt ceiling, less than two weeks before a key deadline to avoid a disastrous default.

Asian markets mixed ahead of US debt talks

Asian markets were mixed Monday ahead of US debt talks between President Joe Biden and congressional leaders, with both sides still apart but also confident a deal can be reached to avert a catastrophic default.

Private mission carrying Saudi astronauts launches to ISS

The second-ever private mission to the International Space Station (ISS), organized by Axiom Space, blasted off from Florida Sunday, carrying the first two Saudi astronauts to travel to the orbiting laboratory.

FIFA's Samoura urges TV companies to up offers to avoid Women's World Cup blackout

FIFA Secretary General Fatma Samoura has called on broadcasters to return to the negotiating table with increased offers to avoid a TV blackout of this year's Women's World Cup in major European countries.

Cuban poet, playwright Arrufat dead at 87

Cuban poet and playwright Anton Arrufat, a renowned and multifaceted writer who won his country's top literature prize, has died at age 87, the culture ministry announced Sunday.

China says US chipmaker Micron failed national security review

US semiconductor giant Micron has failed a national security review, China's cybersecurity watchdog said Sunday, telling operators of "critical information infrastructure" to stop buying its products.

Women don't always have to be the good guys: Natalie Portman

A darker side of female sexuality was on display in Cannes in a film portraying a woman who seduced a schoolboy and built a picture-perfect life with him after a tabloid scandal.

Erdogan eyes third decade of rule in historic runoff

Turkish President Recep Tayyip Erdogan cruises on Sunday into the final week before an historic runoff election as the big favourite to extend two decades of his Islamic-rooted rule until 2028.

War Horse: Classic 'Aida' at Met Opera takes a bow

After more than 260 performances, the Metropolitan Opera this week retired its "Aida" staging, phasing out one of the company's last remaining holdovers from the last century.

Auschwitz film early favourite at Cannes

A powerful Auschwitz-set psychological horror film, "The Zone of Interest", was emerging as the hot ticket of the first week at Cannes, with reviews on Saturday near-unanimous in praise.

US debt ceiling crisis dogs Biden at G7

The sight of a tired-looking top White House domestic policy adviser in a Hiroshima hotel said it all: President Joe Biden may be on the other side of the world but his political fight back home over the debt ceiling has followed him.

Biden says still optimistic on US debt talks

Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept "extreme" Republican demands but said he remained optimistic.

US debt talks on knife edge

Talks to avoid a US debt default were on a knife edge Saturday as President Joe Biden warned he would not accept "extreme" Republican demands but suggested there remained a path to success.

Colombia's unique antidote to football hooliganism: dialogue

Alejandro Gallego's match ended in a coffin after the 25-year-old was one of three people killed during a knife fight between rival Atletico Nacional and Independiente Medellin football hooligans last month.

Colombian grandfather of missing children hopes they can survive jungle

Four Indigenous children missing in the Colombian Amazon for almost three weeks have the intelligence and know-how to survive, their grandfather Fidencio Valencia told AFP on Friday.

San Francisco names America's first drag laureate

San Francisco has tapped a popular nightclub owner to be its first drag laureate, creating the ambassador-style position at a time when America's LGBTQ community fears an erosion of its rights amid rising conservative attacks.

US Republicans put brakes on debt crisis talks

Republicans have paused crunch US debt talks less than two weeks before a possible catastrophic default, House Speaker Kevin McCarthy said Friday, citing lack of movement from Democrats.

Republicans pause debt talks as W.House says 'real differences'

Republicans have paused crunch US debt default talks less than two weeks before a potentially catastrophic default, House Speaker Kevin McCarthy said Friday, citing lack of movement from Democrats.

Hollywood pushback on writers strike is obscene: Sean Penn

Actor Sean Penn gave his full support to the ongoing writers' strike in Hollywood on Friday, saying it was a "human obscenity" that studios were not taking seriously concerns over artificial intelligence.

Canada's WestJet reaches deal averting pilot strike

Canadian airline WestJet on Friday announced it had reached a tentative deal with its pilots union, a day after it canceled nearly 100 flights in anticipation of a strike.

Tesco chairman to step down over misconduct claims

UK supermarket giant Tesco said Friday its chairman John Allan would step down next month following newspaper allegations over his conduct towards women.

Stock markets mostly rise on US debt deal hope

Global equities mostly advanced Friday as traders grew increasingly hopeful that US lawmakers will hammer out a deal to lift the debt ceiling and avert a confidence-shattering default.

Stock markets mostly rally on US debt deal hope

Global equities mainly rallied Friday as traders grew increasingly hopeful that US lawmakers will hammer out a deal to lift the debt ceiling and avert a confidence-shattering default.

Fake nails, fuel and influencers in Kenyan taxman's sights

What do artificial nails, crypto currencies, spaghetti and social media influencers have in common?

'Not just the fastest woman': Norwegian mountaineer eyes speed record

When Norwegian climber Kristin Harila stepped onto the summit of Cho Oyu this month she became the fastest woman to climb all 14 of the world's 8,000-metre peaks.

In S.Africa a 3-year-old reader stands out amid literacy 'crisis'

At three years old, a South African toddler reads better than 80 percent of the country's schoolchildren who are more than three times her age.

Restoring hope with South Sudan's blind football league

When Mubarak Joseph Hilary lost his sight aged 15, the soccer-loving teenager dropped out of school and didn't leave home for seven years, resigned to a life spent indoors.

Commerce minister to pay rare senior Chinese visit to US

China's commerce minister will visit the United States next week, the Chinese embassy announced Thursday, in a rare trip to Washington by a top Beijing official as tensions flare.

Gaza beekeeper tends hives by restive border

In a field close to the Gaza Strip's restive frontier, apiarist Miassar Khoudair checks that her queen bee has survived five days of deadly cross-border fire between Palestinian militants and the Israeli army.

US Republicans upbeat on debt deal as budget hawks dig in

Top US Republican Kevin McCarthy said Thursday he saw "the path" to a breakthrough in talks to avert a looming debt default, despite signals from his party's hard right that they would not soften their demands for deep spending cuts.

Sawt Falasteen - Economy (English)