Sawt Falasteen - Economy

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Featured

In US mining hub, black lung rates soar

John used to love to go fishing with his son. But at age 45, after 20 years working in the coal mines of West Virginia, physical activity has become nearly impossible.

US, Canada 'very close' to trade deal, Ottawa says, as details emerge

The United States and Canada are "very close" to a final trade deal, the top Canadian negotiator said Thursday after talks with President Donald Trump's team.

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Energy firms not doing enough to cut methane: IEA

Oil and gas companies are not doing enough to cut methane emissions, the International Energy Agency (IEA) said Tuesday, despite high energy prices making abatement measures mostly pay for themselves.

South Korean court recognises same-sex couple's rights

A South Korean court delivered a landmark ruling on Tuesday recognising the rights of a same-sex couple for the first time, with activists hailing the verdict as a major victory for LGBTQ rights in the country.

HSBC says pre-tax profits slip to $17.5 bn in 2022

Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, on impairment charges linked to the upcoming sale of its French retail operations.

'Food for the soul:' caring for elderly left behind in Venezuela exodus

An old radio plays background music as Cira Madrid, 83, prepares coffee for a rare visitor to her small but spotless apartment in Caracas, where she lives alone.

New York 'can enrich my soul' says next Philharmonic head Dudamel

The globally renowned conductor Gustavo Dudamel is set to become the first Latino to lead America's oldest orchestra, and on Monday vowed that "New York will become my city too."

European stocks drift, dollar up tracking rates outlook

Europe's main stock markets steadied Monday after record highs for London and Paris last week as investors bet on prospects for a brighter economy despite lingering recession risks caused by high inflation.

Mauritius lashed by rains as intense Cyclone Freddy arrives

Mauritius cancelled flights and closed its stock exchange Monday as an intense tropical cyclone approached the Indian Ocean island nation, bringing rainfall and gusty winds with it.

Fear the biggest rival: first person to complete Antarctic 2.5 km swim

Chilean Barbara Hernandez, who became the first person recorded to have swum 2.5 kilometers (1.5 miles) in the near-freezing Antarctic Ocean, says fear -- not other people -- is her rival.

First-time filmmaker sparks sensation at Berlin fest

Asked how it feels to see the glowing reviews and ecstatic audiences for her new continent-spanning love story, first-time filmmaker Celine Song leans forward, blushes a little and whispers: "awesome".

Qatari bid for Man Utd poses questions over PSG's future

The announcement that a consortium led by a Qatari banker are bidding to buy Manchester United has raised questions about the potential impact for Paris Saint-Germain, who were taken over by Qatar Sports Investments (QSI) more than a decade ago.

Nigerians struggle with costs of living as election draws near

Like millions of fellow Nigerians, Rotimi Bankole says he wants to use Saturday's presidential elections to push for a better life in his oil-rich but crisis-ridden country.

UAE, Israel unveil joint naval vessel as military ties grow

The United Arab Emirates and Israel on Monday revealed their first jointly created unmanned vessel, illustrating their growing military ties as maritime threats rise in the Gulf region.

Paris transport to hire thousands to get in shape for Olympics

The Paris regional transit authority said Monday that it was seeking to hire thousands of employees to beef up services in time for the coming Rugby World Cup this year and the summer Olympics in 2024.

Gunfight after Afghan Taliban shut key border crossing with Pakistan

Gunfire erupted between Afghanistan and Pakistan border forces on Monday after Taliban authorities shut the country's busiest crossing with its eastern neighbour, officials said.

Asian markets rise but rate concerns cast shadow

Asian markets mostly rose Monday but traders remained on edge as they considered the prospect of more US interest rate hikes aimed at bringing down stubbornly high inflation.

Russia sanctions cripple Greek fur industry

In a large exhibition hall in northern Greece, Russian women would once strike a pose in a gold throne-like armchair, wrapped in their brand-new furs.

Regions in US, China most at risk for climate damage: report

Major industrial and economic centres in China and the United States are among the most vulnerable regions in the world to the increasingly destructive power of climate change-driven weather extremes, according to a comprehensive analysis Monday.

Asian markets swing on lingering rate concerns

Asian markets were mixed Monday with traders on edge as they considered the prospect of more US interest rate hikes aimed at bringing down stubbornly high inflation.

After rioting, Suriname leader appeals for return to normalcy

President Chan Santokhi on Sunday called on the people of Suriname to return to work after a spasm of rioting over the cost of living in the tiny South American country.

Kenya's Ruto urges accountability for world polluters

Kenyan President William Ruto called Sunday for rich countries to be held accountable for driving global warming and for a revamp of international financial institutions to better fight climate change.

Turkey quake survivors rescue belongings for uncertain future

"We don't know when we'll be able to come back," said Bilal Jawir as he finished loading a van with his family's things and prepared to leave the earthquake-hit Turkish city of Antakya.

Luxury sector eyes reopening of China

After a year of record sales and profits despite slowing global growth the luxury sector is looking to the reopening of China to deliver further expansion in 2023.

Iran freedom struggle stars at Berlin film fest

The Berlin film festival, long a champion of Iran's embattled independent directors, is spotlighting its citizens' fight for basic rights with a series of screenings, events and a red-carpet protest.

How India's scandal-hit Adani Group hushes critics

Independent Indian journalist Paranjoy Guha Thakurta is being sued by tycoon Gautam Adani's business empire in six different courts -- and he is not allowed to speak about the conglomerate or its owner.

US Supreme Court takes on immunity for tech giants

The US Supreme Court this week examines a quarter-century old law that has protected tech companies from lawsuits and prosecution for content posted by their users, with a chance that the rules governing the internet will no longer stand.

Sean Penn premieres love letter to Ukraine at Berlin fest

Sean Penn premiered "Superpower", his admiring portrait of Ukrainian President Volodymyr Zelensky at war, telling the Berlin film festival Saturday the movie was also a wakeup call about Americans' own fragile democracy.

Angry Bing chatbot just mimicking humans, say experts

Microsoft's nascent Bing chatbot turning testy or even threatening is likely because it essentially mimics what it learned from online conversations, analysts and academics said on Friday.

'More work to do' in N.Ireland Brexit talks: British PM

UK Prime Minister Rishi Sunak on Friday hailed "positive" talks on potential changes to Northern Ireland's post-Brexit trading rules, but said there was "more work to do" before reaching agreement with the EU.

Sanitation firm fined $1.5mn for illegally hiring children

A sanitation company in the United States has paid $1.5 million in penalties for hiring over 100 children in "hazardous occupations" and having them work at meat processing facilities, the Department of Labor said Friday.

TikTok, Twitter user numbers bring them under strict EU rules

TikTok, Twitter, Apple Store, Amazon and several other online platforms have announced user figures in Europe that bring them under stricter EU regulations for policing internet content.

UK bank NatWest posts bumper profits but shares tank

British bank NatWest on Friday posted a jump in annual profits as it trimmed costs and the sector benefitted from rising interest rates.

Ukraine fallout pushes French nuclear giant EDF into historic loss

EDF reported one of the biggest losses in French corporate history Friday, as fallout from the Ukraine war and idling nuclear reactors spelt financial disaster for the state-controlled energy giant.

Sawt Falasteen - Economy (English)