Sawt Falasteen - Economy

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Featured

Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments

Amboss Technologies today launched the Amboss Affiliate Program, an open invitation to anyone who can introduce businesses to lower-cost, chargeback-free payments while expanding the Bitcoin payments network.

Pentagon inks Tomahawk deal amid reports of missile shortfall

The Pentagon announced a $22.9 billion contract with Raytheon on Monday for Tomahawk missiles amid reports of a shortfall due to the war with Iran.

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US Treasury chief defends pivot to extend Russia oil sanctions relief

US Treasury Secretary Scott Bessent on Wednesday defended the Trump administration's recent about-face to temporarily extend a sanctions waiver that allowed the sale of Russian oil already at sea.

Oil prices rise on uncertain prospects for US-Iran ceasefire

Oil prices climbed Wednesday while stocks were mixed after US President Donald Trump announced the extension of a ceasefire with Iran, prompting investors to wait and see if peace talks would resume.

New drugs raise hopes of pancreatic cancer breakthrough

After decades of struggling to find a way to treat pancreatic cancer, researchers have developed several promising new drugs that could offer rare hope to patients given this particularly deadly diagnosis.

South Africa coal delay could cause 32,000 deaths, report says

South Africa risks thousands of premature deaths if the phase-out of coal plants is delayed due to the government's updated decommissioning dates, climate rights groups said in a report Wednesday.

EU unblocks 90-bn-euro Ukraine loan after Hungary row

The EU on Wednesday gave the green light to unblock a 90-billion-euro ($106 billion) loan for Kyiv, after the deadlock was broken in a months-long row between Ukraine and Hungary over a damaged pipeline.

Thousands of London commuters walk to work in underground strike

Workers streamed into the British capital by foot, bike and bus Wednesday as strike action on the London Underground train network disrupted services.

Boeing reports narrowing loss, points to progress on turnaround

Boeing reported a small quarterly loss Wednesday following an uptick in commercial plane deliveries as the aerospace giant pointed to progress on a turnaround after a long period of stumbles.

EU nears approval of Ukraine loan after Hungary pipeline row

The EU on Wednesday gave a preliminary green light to unblocking a 90-billion-euro ($106 billion) for Kyiv, after a months-long row between Ukraine and Hungary over a damaged pipeline.

Three ships targeted in Hormuz, Iran seizes two: monitors, Guards

Iranian forces targeted three container ships on Wednesday, seizing two and firing on a third, global security monitors and the country's Revolutionary Guards said, the latest incidents to threaten a crucial trade route in the Middle East war.

Ships attacked in Gulf as Trump extends Iran ceasefire

Iranian gunboats attacked at least one container ship in the Strait of Hormuz on Wednesday, maritime agencies said, despite US President Donald Trump announcing he was extending a ceasefire to allow more time for peace talks.

Germany set to slash growth forecast due to Mideast war

The German government on Wednesday is expected to cut its growth forecast for this year as the energy shock triggered by the Middle East war hammers Europe's biggest economy.

UK inflation jumps as Mideast war propels energy prices

Britain's annual inflation rate jumped to 3.3 percent in March as the Middle East war sent oil and gas prices surging, official data showed Wednesday.

Oil falls, stocks mixed as traders weigh outlook after Trump extends truce

Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald Trump extended his ceasefire at the eleventh hour but kept his blockade of the Strait of Hormuz in place.

Chinese carmakers aim to build up presence in Europe

Chinese carmakers have quickly built up their presence in the lucrative European auto market, buoyed by technological advances their competitors are trying to copy, and analysts say their next step is to begin producing locally.

Young Chinese use AI to launch one-person firms over job anxiety

Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting "one-person companies" that have artificial intelligence do most of the work.

AI-powered robots offer new hope to German factories

A blue-eyed humanoid robot carefully opens a box and places a tool inside as a crowd of visitors watch the demonstration of "physical AI" skills at a major industrial trade fair in Germany.

One month phone-free: Young Americans try digital detox

Getting around without Google Maps. No longer scrolling Instagram at the bus stop. Ditching your headphones to hear the birds sing.

Questions about Tesla spending binge ahead of earnings

Questions about Tesla's progress towards achieving fully autonomous driving at scale are expected to figure prominently when the company reports results Wednesday.

John Ternus to lead Apple in the age of AI

The future of Apple is being entrusted to a company veteran said to combine hardware brilliance with "the soul of an innovator."

Stocks fall, oil climbs amid uncertainty over US-Iran talks

Oil prices climbed and stocks slid Tuesday as uncertainty reigned over US-Iranian peace talks resuming, and the expiration of the two-week ceasefire in the Middle East loomed.

Mexico pyramid shooting was planned attack, officials say

Mexican authorities said Tuesday that the man who killed a Canadian woman and wounded 13 others the day before at the famed Teotihuacan pyramids had planned the attack in advance.

Maker of Argentina's first Oscar-winning film, Luis Puenzo, dies at 80:

The director of the first Argentine film to win an Oscar, Luis Puenzo, died on Tuesday aged 80, the main organization representing Argentine creatives said Tuesday.

US Fed chair nominee says will not be controlled by Trump

Donald Trump's choice to lead the US Federal Reserve, Kevin Warsh, stressed Tuesday that he would not be controlled by the president as he fielded questions on his assets and central bank independence during his confirmation hearing.

US Fed chair nominee says he will not be controlled by Trump

In Portugal, Lula urges return to multilateralism

Brazilian President Luiz Inacio Lula da Silva on Tuesday championed trade multilateralism, saying Brazil seeks commercial ties "without preference" with partners from China and the United States to Russia and France.

Chery wants to make small electric car in Europe

Chinese carmaker Chery said Tuesday it wants to manufacture a small electric vehicle in Europe for the European market.

US official says gas prices have peaked despite Iran war

US Energy Secretary Chris Wright said Tuesday that gasoline prices appeared to have peaked after a surge linked to the Iran war -- a marked shift in tone a day after President Donald Trump publicly rebuked his earlier, more cautious outlook.

Mideast war lights fire under energy transition plans

Painful surges in oil prices are spurring countries to quickly rethink how to reduce dependence on fossil fuels, as shortage risks from war in the Middle East grow greater by the day.

Bangladesh fuel crunch forces hours-long wait at the pump

Day and night, drivers queue for hours for the chance to refill fuel tanks, as import-dependent Bangladesh grapples with shortages due to the Middle East war.

Oil and stocks steady as US-Iran truce expiry looms

Oil prices dipped and stocks edged higher Tuesday as investors held out hope that despite conflictual rhetoric there was scope for a deal to end the Middle East war and reopen the Strait of Hormuz to oil and gas shipments.

No Iran delegation sent to US talks yet as truce expiry nears

Iran said Tuesday it has not yet sent a delegation for new peace talks with the United States, as the temporary ceasefire which paused the Middle East war was set to expire.

Apple's Tim Cook to step down as CEO after 15-year run

Apple's Tim Cook will step down as the California tech giant's chief executive this year, handing the top job to a company veteran as it navigates a technology landscape being upended by AI.

Sawt Falasteen - Economy (English)