Sawt Falasteen - Economy

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Featured

Striking Boeing defense workers turn to US Congress

Boeing defense industry workers currently on strike asked for congressional lawmakers' support on Wednesday as they seek to pressure the aviation giant to improve its bargaining offer to the union.

Plastic pollution treaty talks in disarray

Attempts to finalise a landmark treaty combating plastic pollution descended into disarray on the penultimate day on Wednesday as dozens of countries rejected outright the latest draft text, leaving the talks in limbo.

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'Put it on': Dutch drive for bike helmets

It's a world-famous scene: a steady and slightly chaotic stream of cyclists pedalling out of Amsterdam's Centraal Station, heading for the canals and cafes of the Dutch capital. Almost no one is wearing a helmet.

Stocks retreat as US hits Nvidia chip export to China

European and Asian stock markets mostly retreated Wednesday after the US government imposed restrictions on exports of a key Nvidia chip to China, the latest trade war salvo between the world's biggest economies.

China's forecast-beating growth belies storm clouds ahead: analysts

Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news -- but analysts warn they should strap in for tariff-induced woes further down the line.

ASML CEO sees growing economic 'uncertainty' from tariffs

Dutch tech giant ASML warned on Wednesday of growing economic uncertainty due to US tariffs but the company kept its 2025 sales forecast intact.

Dutch flower industry grasps thorny pesticide issue

As Margriet Mantingh gazes at flowers stretching as far as the eye can see at the world's biggest flower market near Amsterdam, all she sees is a huge bouquet of pesticides.

Solar boom counters power shortages in Niger

Solar panels like the ones on the roof of Elhadj Abdou's house are an increasingly common sight in Niger's capital, which is often hit by power cuts.

Mackerel and missiles: EU-UK defence deal snags on fish

Cod and herring are normally more likely to be on the dinner menu than the negotiating table at European security talks.

Istanbul's Hagia Sophia prepares for next big quake

The Hagia Sophia of Istanbul is no stranger to change -- through the centuries the city's architectural jewel has gone from church to mosque to museum, back to mosque again.

ASML CEO sees 'increased macro uncertainty' from tariffs

The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept its sales forecasts for this year unchanged.

Cambodia's Chinese casino city bets big on Beijing

Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia's Sihanoukville into a half-finished gambling resort with signs everywhere in Mandarin.

Vespa love affair: Indonesians turn vintage scooters electric

When Indonesian executive Heret Frasthio takes his antique 1957 VL Vespa for a ride, its white paint peeling off, the usual fumes and hum of the free-spirited scooters cannot be seen or heard.

UK's top court to rule on how to define a 'woman'

Britain's highest court will hand down a landmark ruling Wednesday on the definition of a "woman", weighing in on a long-running, divisive debate about biological sex versus gender identity.

Stocks struggle again as Nvidia chip curb warning pops calm

Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China rattled investor confidence already shot by Donald Trump's sweeping trade war.

China's economy beats forecasts ahead of Trump's 'Liberation Day'

China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of swingeing US tariffs, but warned it faced "certain pressures" from Donald Trump's trade blitz.

China's economy beat forecasts in first quarter ahead of Trump's 'Liberation Day'

China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.

Trump orders critical minerals probe that may bring new tariffs

US President Donald Trump ordered a probe Tuesday that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones, in an escalation of his dispute with global trade partners.

'La bolita,' Cuban lottery offering hope in tough times

Every day, as he has done for 20 years, Carlos makes the rounds collecting bets in central Havana for "la bolita" -- a clandestine national lottery that provides a sliver of hope for Cubans struggling to make ends meet.

Nvidia expects $5.5 bn hit as US targets chips sent to China

Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China.

Trump resurrects ghost of US military bases in Panama

US President Donald Trump's bid to take back control of the Panama Canal has put his counterpart Jose Raul Mulino in a difficult position and revived fears in the Central American country that US military bases will return.

Boeing faces fresh crisis with US-China trade war

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into the escalating trade conflict between Washington and Beijing.

Canada offers automakers tariff relief, Honda denies weighing move

Ottawa on Tuesday offered tariff relief to automakers on condition they maintain production in Canada, fearing US President Donald Trump's policies could trigger a flight of the key manufacturing sector to the United States.

Trump says China 'reneged' on Boeing deal as tensions flare

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.

Trump eyes near 50 percent cut in State Dept budget: US media

The US State Department is expected to propose an unprecedented scaling back of Washington's diplomatic reach, multiple news outlets reported Tuesday, shuttering programs and embassies worldwide to slash the budget by almost 50 percent.

Harvey Weinstein New York retrial for sex crimes begins

Disgraced Hollywood mogul Harvey Weinstein's retrial on rape and sex assault charges started Tuesday, forcing survivors who helped fire up the "#MeToo" movement to prepare to testify against him once more.

Facebook chief Zuckerberg testifying again in US antitrust trial

Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his conglomerate Meta is accused of taking over Instagram and WhatsApp before they could become competitors.

Auto shares surge on tariff reprieve hopes

Stock markets rose Tuesday as auto firms were boosted by US President Donald Trump's suggestion of flexibility over steep tariffs on the sector.

Trump trade war casts pall in China's southern export heartland

The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at a trade show in southern China, for decades a key hub for exports to the United States.

China tells airlines to suspend Boeing jet deliveries: report

China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said Tuesday, as a trade war between Beijing and the United States deepens.

Stocks rise as stability returns, autos surge on exemption hope

Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

Malawi's debt crisis deepens as aid cuts hurt

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. He had been working for 36 hours straight, packing in back-to-back shifts to feed his family of four.

Danish brewer adds AI 'colleagues' to human team

They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the virtual realm, which the brewer hails as a milestone to unleash the full potential of its staff.

S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety

South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

Sawt Falasteen - Economy (English)