Sawt Falasteen - Economy

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Featured

Stocks tread cautiously as traders weigh US Treasury action

Global stock markets traded cautiously on Friday as investors assessed the US Treasury's effort to push down long-term borrowing costs, which spiked this week.

STARTRADER Launches XAUUSD247, Extending Gold CFD Access Across the Full Week

The new instrument provides XAUUSD247 quotes during weekends and overnight hours, subject to scheduled maintenance windows.

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US conservatives fire opening salvo in trans sports battle

US lawmakers advanced a bill Thursday aimed at banning transgender women and girls from sports teams that match their gender identity, as Congress turned its focus on one of the most polarizing issues in American culture.

Former Shell CEO gets big payday on soaring oil prices

Shell's recently retired CEO earned close to £10 million ($12 million) last year after the energy giant scored record profits on soaring energy prices, the British company said Thursday, sparking outrage amid a cost-of-living crisis.

'Bittersweet story': joy, pain of nations casting off UN poorest tag

There will be jubilation in the Himalayan kingdom of Bhutan this year when it quits the club of the world's poorest countries, while others still have a mountain to climb.

Stocks drop as traders nervously await US jobs data

Stock markets mostly retreated Thursday on the eve of US jobs data, which is being eagerly awaited in light of warnings from Federal Reserve boss Jerome Powell that interest rate hikes could be ramped up should the economy show no sign of slowing.

Greek officials charged over train crash, PM vows 'transparency'

Greek prosecutors on Thursday charged three more railway officials in connection with the country's worst train crash that killed 57 people, as the prime minister vowed "absolute transparency" in the probe into the tragedy.

Two dead, 28 missing in Gabon ferry accident: port official

At least two people have died and 28 are missing after a small ferry foundered off the Gabonese coast, a port official told AFP on Thursday.

Greek PM vows 'absolute transparency' in rail crash probe

Greece's prime minister on Thursday pledged "absolute transparency" in the probe into the country's deadliest rail crash that killed 57 people, a day after mass protests rocked the country.

Senegalese recyclers seek solutions in fight against plastic

Discarded containers and bags are an eyesore in many towns, while beaches are covered by debris -- Senegal's notorious problem of plastic pollution is not going away.

Markets drop as traders nervously await US jobs data

Asian stocks mostly fell Thursday ahead of key US jobs data at the end of the week, after Federal Reserve boss Jerome Powell warned it could ramp up its pace of interest rate hikes if the economy shows no sign of slowing.

In EU, a food fight over nutrition labels

Europe is taking longer than planned to concoct an EU-wide food-labelling system after a colour-coded scheme created in France did not go down well in culinary rival Italy.

Cops and Chechens: TikTok duo become unlikely stars

Middle-aged Austrian police officer Uwe and hip young Chechen social worker Ahmad may look like an unlikely duo, but their TikTok videos have become a huge hit in Austria.

From sharing site to anime giant, Crunchyroll marches forward

Once a semi-legal sharing site, Crunchyroll is now a streaming giant credited with helping Japanese anime transform from a nerdy subculture into a lucrative global industry poised to conquer new markets.

Afghanistan coffers swell as Taliban taxman collects

A dusty logjam of trucks inches across a rut in the mountains splitting Pakistan and Afghanistan, teeming with a cargo of fruit and coal -- and paying the Taliban authorities for the privilege of passage.

Asian markets fluctuate with nervous eye on US jobs data

Asian traders shifted cautiously Thursday ahead of key US jobs data at the end of the week, after Federal Reserve boss Jerome Powell warned it could ramp up its pace of interest rate hikes if the economy shows no sign of slowing.

Brazil's new Indigenous affairs chief sets sights on illegal gold

Joenia Wapichana is used to charting new territory: the first Indigenous woman to earn a law degree in Brazil, she was also the first elected to Congress.

US to be 'global leader' in energy transition: Energy Secretary

Pointing to key Biden administration policies to mitigate climate change, Energy Secretary Jennifer Granholm promised Wednesday that the United States would lead global energy transition.

The women volunteers treating Ukraine's frontline troops

At a trauma centre a dozen kilometres from Ukraine's front line, Tetyana still has glitter on her cheeks from taking part in a speech therapy course for children.

US private hiring heats up while Fed warns of inflationary pressures

US employers stepped up their pace of hiring in February, payroll firm ADP said Wednesday, while the central bank warned that inflationary pressures remained widespread in early 2023.

Macron promises to hasten abortion constitutional right

French President Emmanuel Macron said Wednesday his government would put forward a draft law enshrining abortion rights in the French constitution within months.

Macron promises abortion constitutional right in months

French President Emmanuel Macron said Wednesday his government would put forward a draft law enshrining abortion rights in the French constitution within months.

'Call me when you get there': Greek protest rallying cry

Emblazoned on banners and spreading like wildfire on social media, the slogan "call me when you get there" has become a rallying cry for Greeks protesting against last week's deadly train crash.

Canada central bank pauses rate hikes, holds at 4.5%

The Bank of Canada on Wednesday became the first major central bank to pause its aggressive monetary policy in recent months, holding its key lending rate at 4.5 percent as inflation eased, after eight consecutive rate increases.

Stocks tread water after shock over Powell rate warning

Stock markets sputtered on Wednesday after Federal Reserve chief Jerome Powell triggered a rout by warning that higher interest rate hikes might be needed to tame stubborn inflation.

Clashes erupt as tens of thousands protest Greek train tragedy

Greek police fired tear gas at firebomb-throwing protesters outside parliament Wednesday as tens of thousands demonstrated over the country's worst rail tragedy and called on the prime minister to quit.

TikTok seeks to calm Europe's fears over data privacy

TikTok launched a new effort to assuage European leaders' worries over data security on Wednesday, as Western governments consider further bans on the video-sharing app.

US private hiring heats up in February: survey

US employers stepped up their pace of hiring in February, payroll firm ADP said Wednesday, in a further indication that more effort may be needed to cool the world's biggest economy.

Lineker defiant after comparing UK asylum plan to Nazi-era Germany

England football great turned television presenter Gary Lineker refused to back down after coming under fire for comparing the British government's new plan on illegal immigration to the rhetoric of Nazi-era Germany.

Stocks mostly drop, dollar gains on Powell rates warning

Stock markets mainly fell Wednesday and the dollar held near multi-month highs after Federal Reserve boss Jerome Powell warned a quicker pace of interest rate hikes might be needed to tame stubbornly-high inflation.

In Burkina, motorbikes bring treasured independence for women

The motorcycles that buzz along the streets of Ouagadougou, the capital of Burkina Faso, have a story to tell.

ECB chief vows to do 'whatever it takes' to tame inflation

European Central Bank president Christine Lagarde said Wednesday she will do whatever it takes to bring down high inflation and restore price stability.

US pick for World Bank says 'emission heavy' growth model outdated

The United States' candidate to head the World Bank, Ajay Banga, on Wednesday called for a revamp of the development model to better meet the challenge of climate change.

Adidas stuck with Yeezy gear after dropping Kanye

Adidas said Wednesday it was still weighing what to do with its huge inventory of Kanye West's Yeezy products after it ended its partnership with the controversial rapper.

Sawt Falasteen - Economy (English)