Sawt Falasteen - Economy

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Lamour leaves key FIFA position after criticising Infantino

Frenchman Kevin Lamour has left his role as FIFA's chief operating officer after criticising president Gianni Infantino's scrapped private investor plan, world football's governing body confirmed Monday.

OpenAI to lease massive new AI data center in US, backed by Nvidia

ChatGPT-maker OpenAI will lease a massive new data center in the United States for 20 years, backed by a $105 billion financing commitment from Nvidia, according to a regulatory filing published Monday.

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US inflation surges to 3.3% as Iran war impact bites

Inflation in the United States rose sharply in March, government data showed Wednesday, as higher energy prices due to the war in the Middle East hit Americans hard.

Pay fears grow for US security workers in shutdown

Thousands of US homeland security employees are facing growing uncertainty over their pay after being told Friday's check could be their last until a record-long partial government shutdown is ended.

US inflation surges 3.3% as Iran war impact bites

Inflation in the United States rose sharply in March, government data showed Wednesday, as higher energy prices due to the war in the Middle East hit Americans hard.

Stocks climb, oil steadies on guarded optimism over Iran war ceasefire

Stock markets rose and oil prices flattened Friday with investors nervously optimistic about the shaky US-Iran ceasefire holding ahead of weekend talks aimed at finding a long-lasting truce.

Irish govt to meet farmers, hauliers over fuel cost fears

The Irish government was set to hold talks Friday with agricultural and haulage representatives, as days of protests over spiralling fuel prices sparked warnings over supplies, including for emergency services.

Oil spill snarls shipping traffic in Antwerp port

Shipping was at a near-standstill in Belgium's port of Antwerp on Friday following an overnight oil spill, Europe's second-biggest port said as it raced to contain the risks of pollution and economic damage.

Pakistan prepares to host US-Iran talks, as Lebanon fighting continues

Pakistan was poised on Friday to host Iranian and US delegations for negotiations in its capital, although Tehran's participation remained uncertain after deadly Israeli strikes on Lebanon threatened this week's temporary truce.

Vaccine gaps fuel Bangladesh's deadly measles crisis

Rocking her baby to soothe his searing pain and gasping breaths, 18-year-old Rubia Akhtar Brishti recounts how her son nearly died in Bangladesh's deadly measles outbreak.

Stocks rally on optimism over Iran war ceasefire, oil extends gains

Stocks rose Friday with investors still optimistic about the shaky ceasefire in the US-Iran war ahead of planned weekend talks, though oil prices extended gains over worries Israel's continued attacks on Lebanon could shatter the peace process.

New Jersey city spurns data center as defiance spreads

Residents of a New Jersey city mobilized within days to kill a planned data center -- and now activists nationwide want to know how they did it.

US to host Israel-Lebanon talks as strikes threaten Iran ceasefire

Israel and Lebanon will hold talks in Washington next week, a State Department official said Thursday, amid mounting international concerns that Israel's bombings could shatter an already fragile US-Iran ceasefire.

IMF chief urges nations to 'do no harm' in fiscal response to Iran war

The International Monetary Fund's chief urged governments on Thursday to "do no harm" as they face the massive economic shocks caused by the Middle East war, calling for "targeted" and disciplined fiscal actions.

Shipping toll for Hormuz passage sharply divides nations

Iran's imposition of a toll for ships to pass through the Strait of Hormuz looks set to be a key point of contention at talks opening in Pakistan Friday.

American Airlines targets April 30 return to Venezuela

American Airlines said Thursday it will restore service to Venezuela as soon as April 30, making it the first US airline to return to the country since Washington captured leader Nicolas Maduro.

IMF to cut global growth forecast due to Mideast war

The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, warning of the conflict's "scarring effects" despite a fragile ceasefire.

Jihadists kill Nigerian troops including senior brigadier general

Jihadists in northeast Nigeria killed several troops including a brigadier general in an assault on a military base, local government and intelligence sources told AFP on Thursday, the second killing of a high-ranking officer in five months.

UK animal charity rescues over 250 dogs from single home

An animal welfare charity has revealed it rescued more than 250 dogs from one UK home, with a photo of the scene prompting "disbelief" and false claims that the image was generated by artificial intelligence.

US envoy warns EU won't win AI race 'bringing others down'

The European Union will not be able to compete in the global artificial intelligence race by hurting companies in other countries, US envoy to the EU Andrew Puzder told AFP on Thursday.

IMF expects to provide vulnerable economies hit by Iran war up to $50 bn

The International Monetary Fund expects to have to provide up to $50 billion in immediate financial assistance to countries affected by the Middle East war, its managing director said on Thursday, with the crisis likely to have lasting economic effects.

Stabbed for saying no: Is online misogyny fueling violence in Brazil?

Alana Anisio Rosa, 20, politely turned down the man from her gym who kept sending her flowers and chocolates. A month later, he burst into her home and stabbed her around 50 times with a pocket knife.

Oil prices jump, stocks drop on Mideast ceasefire doubts

Oil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic.

Calls for US-Iran truce to extend to Lebanon after Israeli strikes

Calls were mounting on Thursday for the ceasefire between the US and Iran to be extended to Israel's war with Hezbollah, after a massive wave of Israeli strikes on Lebanon killed more than 200 people.

Argentine MPs approve bill to allow mining in glaciers

Argentine MPs approved a bill early Thursday promoted by President Javier Milei that authorizes mining in ecologically sensitive areas of glaciers and permafrost, and has outraged environmentalists.

Crude rises, stocks fall on fears over nascent Iran ceasefire

Oil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel launched a major bombardment of Lebanon.

Mines vs glaciers: Argentine MPs weigh key environmental reform

Argentine MPs on Wednesday inched closer to adopting a bill promoted by President Javier Milei that authorizes mining in ecologically sensitive areas of glaciers and permafrost.

Meta releases first new AI model since shaking up team

Meta on Wednesday released an artificial intelligence model, Muse Spark, it touts as smarter and faster than what it offered before shaking up its Superintelligence Labs unit.

Mediators to 'fragile' US-Iran truce urge restraint as violations reported

The mediators of a fragile US-Iran ceasefire urged all sides Wednesday to respect the truce as Gulf states endured attacks and Israel launched a massive bombing of Hezbollah strongholds in Lebanon.

Suspect remains silent in Swiss bar fire probe

A former fire safety official in the Swiss ski resort of Crans-Montana remained silent when questioned Wednesday by prosecutors investigating a deadly New Year blaze, his lawyer said.

Oil prices plunge, stocks surge on US-Iran ceasefire

Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran agreed to a temporary ceasefire that includes the reopening of the Strait of Hormuz.

Researchers unmask trade in nude images on Telegram

Tens of thousands of intimate images of women have been traded without the subjects' consent in Telegram groups and channels, researchers said Wednesday, calling for the platform to combat the practice.

German factory orders rise in February but energy shock looms

German industrial orders rebounded in February due to strong overseas demand, data showed Wednesday, but officials warned that the Middle East war energy shock would likely derail the positive momentum.

Crude prices plunge, stocks surge as US and Iran agree ceasefire

Oil prices plunged Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

Sawt Falasteen - Economy (English)