Sawt Falasteen - Economy

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Police fire tear gas as new French demonstrations kick off

French police started firing tear gas at protesters Saturday as they stepped up security in major cities aiming to prevent a repeat of rioting a week ago, on a day of fresh nationwide demonstrations over the high cost of living.

France to deploy 70,000 police for fresh weekend protests

France will deploy about 70,000 police nationwide as it braces for new protests on Saturday after some of the worst urban violence in years erupted on the sidelines of demonstrations a week ago.

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Day off for Mona Lisa as striking workers shut Louvre

The Louvre in Paris, the most visited museum in the world and home to the Mona Lisa, was shut to visitors all day Monday after workers striking over pension reforms blocked the entrance, AFP correspondents said.

Geneva watch show opens in throes of banking turmoil

The Geneva watch fair opened Monday buoyed by booming growth in the watchmaking industry, but insiders warily eyed the banking sector turmoil, evoking painful memories of the 2008 financial crisis.

Macron defiant as France braces for fresh protest turmoil

President Emmanuel Macron on Monday remained defiant over his controversial pensions reform, as France braced for another day of strikes and protests that risk more turmoil in the country.

US VP Harris brings aid package to Ghana on Africa tour

US Vice President Kamala Harris met with Ghana's President Nana Akufo-Addo on Monday, bringing an aid package to shore up security, economic and development cooperation as part of a three-nation African tour.

EU orders Italy to recover 400 mn euro loan to Alitalia

The EU's antitrust authorities on Monday told Rome to claw back a 400-million-euro loan given in 2019 to then struggling airline Alitalia, which the bloc ruled was "illegal".

Microplastic pollution impairs seabird gut health

Scientists have long known that wild seabirds ingest bits of plastic pollution as they feed, but a study Monday shows the tiny particles don't just clog or transit the stomach but can subvert its complex mix of good and bad bacteria too.

Bank shares rebound on SVB sale

Bank shares rallied to lead stock markets higher on Monday as fears of a sector crisis eased after a regional US lender took over most of collapsed rival Silicon Valley Bank.

The latest in the banking sector turmoil

Silicon Valley Bank is being largely acquired by another US lender in the latest fallout from three weeks of turbulence in the financial sector.

Chelsea say Abramovich sanctions a factor in losses

Chelsea say government sanctions imposed on former owner Roman Abramovich were a factor in the club's losses of £121.3 million ($148.8 million) for the 2021/22 season.

Macron holds crisis meeting as more France protests loom

President Emmanuel Macron summoned government ministers for a crisis meeting on Monday, as tensions ran high a day before another major day of strikes and protests against his pension reforms.

European equities rebound on SVB sale

European stock markets rebounded slightly Monday after US lender First Citizens bought most of collapsed rival Silicon Valley Bank, easing fears of a sector crisis.

'Mega-strike' disrupts travel in Germany

A major strike brought much of Germany's air traffic, rail service and commuter lines to a halt on Monday as workers demand wage hikes in the face of brisk inflation.

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.

Sawt Falasteen - Economy (English)