Sawt Falasteen - Economy

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Bolivia's Paz forced to fire economy minister in mid-crisis

Bolivian President Rodrigo Paz was forced to fire his economy minister on Friday after legislators voted to remove him for ducking questions about his handling of a severe economic crisis.

Brazil's Lula urges tariffs resolution in call with Trump

Brazilian President Luiz Inacio da Silva urged US counterpart Donald Trump in a phone call on Friday to resolve their countries' trade dispute, saying US tariffs were imposed on "baseless" grounds.

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Ukraine crews conduct 'scary' missions in aged Soviet helicopters

Anatoliy points to the few reinforced panels inside one of Ukraine's Mi-8 helicopters where he spends five-week shifts firing rockets at Russian positions.

Police fire tear gas as fresh protests erupt in Kenya despite ban

Police fired tear gas to disperse anti-government protests on Monday over the high cost of living, after the opposition vowed demonstrations would go ahead despite a police ban.

European markets rebound, Asia mixed as banking fears linger

European markets rebounded on Monday while Asian stocks were mixed at the start of what could be another rocky week for global markets thanks to lingering uncertainty about the banking sector.

Transport 'mega-strike' hits Germany

Transport staff across Germany staged a major strike on Monday to push for wage hikes in the face of brisk inflation, bringing commuter lines to a halt in many cities.

First Citizens to acquire collapsed Silicon Valley Bank

US bank First Citizens said Monday it has agreed to purchase much of Silicon Valley Bank, whose collapse this month sparked global fears about the sector.

Spain mulls options as wildfires gain in size, intensity

Walking through the charred remains of the forested hillsides of Sierra de la Culebra that were devastated by Spain's worst wildfire last year, Pablo Martin Pinto is blunt.

Economists expect US recession, above-target inflation this year

The United States will likely enter a recession this year and face high inflation well into 2024, a majority of economists predicted in their response to a semiannual survey.

Meet Prince Eduard, King Charles' German cousin

They first laid eyes on each other as children at Buckingham Palace and later crossed paths on the polo field at Windsor.

Asian markets mixed as banking fears persist

Asian stocks were mixed Monday in a cautious start to what could be another rocky week for global markets, after a rout in banking shares renewed fears for the sector.

Germany braces for transport 'mega-strike'

Transport staff across Germany are set to stage a major strike on Monday to push for wage hikes in the face of brisk inflation, as passengers brace for serious disruptions.

Artists fight AI programs that copy their styles

Artists outraged by artificial intelligence that copies in seconds the styles they have sacrificed years to develop are waging battle online and in court.

Tornado survivors in US pick through debris, grateful to be alive

A brick house reduced to rubble, its floors strewn with personal effects like a pink backpack and a bottle of shampoo, somehow standing upright.

In times of crisis, Lebanese squabble over clock change

Wracked by a crippling economic meltdown and political deadlock, Lebanon on Sunday added a seemingly odd question to its growing list of woes: "What time is it?"

Kyiv seeks Security Council meet to stop Russian 'nuclear blackmail' in Belarus

Kyiv on Sunday said it was seeking an emergency meeting of the United Nation's Security Council to counter Russia's "nuclear blackmail" after President Vladimir Putin announced the deployment of tactical nuclear weapons to Belarus.

Kyiv says Russia took Minsk 'hostage' with tactical nukes plan

Kyiv on Sunday said Russia took Minsk as a "nuclear hostage" after President Vladimir Putin announced the deployment of tactical nuclear weapons to Belarus, bringing the arms to a country at the gates of the European Union.

UK politicians caught in sting for lucrative second jobs

A senior British minister on Sunday defended former cabinet colleagues after they were shown negotiating top-dollar rates to work on the side for a fake South Korean consultancy.

Coronation souvenirs boost struggling English ceramics industry

With an expert flick of a gilt-covered paint brush, a craftswoman puts the finishing touches to commemorative mugs marking the first coronation of a British monarch in 70 years.

Kanye says no longer anti-Semite after watching actor Jonah Hill

Kanye West said he was renouncing anti-Semitism in a new Instagram post Saturday in which he wrote that watching actor Jonah Hill in the film "21 Jump Street" made him "like Jewish people again."

Apple enjoys 'symbiotic' relationship with China, Cook says

Apple enjoys a "symbiotic" relationship with China, CEO Tim Cook said on Saturday, as the iPhone giant looks to move production out of the country.

Combative spoiler enters Turkey's election campaign

Turkey's top politicians have formed two camps heading into May's election: those who revere President Recep Tayyip Erdogan and those united in the single goal of ending his two-decade rule.

'France burns': World watches as anger at Macron's reforms grows

The world has reacted to violent demonstrations against President Emmanuel Macron's pension reforms with warnings, questions about the future of France's political system -- and gloating from foes.

Bank shares sink as contagion fears return

Bank shares tumbled on Friday, jolting stock markets as fears about the health of the financial sector resurfaced, with Deutsche Bank now in the eye of the storm.

After battling back to health, Deutsche Bank faces new turbulence

Storied German lender Deutsche Bank had just been getting back on its feet after years of scandals -- but now faces new turbulence after its shares tanked Friday amid concerns of a widening banking sector crisis.

French retailer Leroy Merlin says to quit Russia

French DIY retailer Leroy Merlin said Friday it would exit Russia, ending an 18-year presence that came under intense scrutiny after President Vladimir Putin's army invaded Ukraine last year.

Narcan: expanding the US fight against opioid overdoses

When a person suffers an opioid overdose, their respiration is "slowed to the point that you're not breathing," social worker Johnny Bailey explains, speaking to a rapt audience at a nonprofit office in Washington earlier this month.

Microsoft's Activision bid gets a boost in UK

Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard scored a victory on Friday as Britain's competition regulator narrowed the scope of its probe to cloud gaming.

Global bank shares sink as contagion fears return

Global bank shares fell on Friday, dragging down global stock markets as fears about the health of the banking system resurfaced following a raft of interest rate hikes.

UK and EU approve new N.Ireland Brexit trade pact

The UK and European Union on Friday formally adopted a post-Brexit deal to overhaul Northern Irish trade rules, prompting Brussels' pointman on the thorny issue to proclaim "the opening of a new chapter" in ties.

Unrest in France prompts postponement of King Charles III visit

Violent demonstrations against pension reform in France led to the postponement Friday of King Charles III's trip to the country, highlighting the growing security and political problems faced by President Emmanuel Macron.

Montenegro charges crypto fugitive Do Kwon with forgery

Montenegro on Friday charged fugitive cryptocurrency entrepreneur Do Kwon with forgery, with the South Korean expected to appear in court for extradition proceedings.

European bank shares slump as contagion fears reignite

European bank shares slumped Friday, sending stock markets tanking as contagion fears erupted once more after a raft of global interest rate hikes.

Markets reverse after recent gains as bank fears linger

Stock markets dipped Friday after a broadly healthy week, as lingering concerns about the banking sector played against hopes that central banks could be nearing the end of their interest rate hiking cycle.

Sawt Falasteen - Economy (English)