Sawt Falasteen - Economy

NYSE - LSE

RBGPF	0%	72.77	$
RIO	2.36%	85.74	$
BCC	0.76%	76.02	$
RYCEF	1.96%	16.8	$
NGG	-0.01%	81.76	$
RELX	-3.05%	38.99	$
CMSC	-0.78%	19.45	$
GSK	-0.31%	50.94	$
CMSD	0.36%	19.69	$
BCE	-0.8%	20.09	$
BTI	-0.45%	59.83	$
JRI	0.28%	10.88	$
VOD	0.32%	15.75	$
AZN	-1.16%	170.08	$
BP	-3.27%	48.93	$

Featured

UK set for cautious budget as borrowing costs climb

Britain's finance minister John Healey will unveil his first budget Wednesday, as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre.

'They don't care about us': Trump food aid cuts leave Americans struggling and angry

Christine, a retired widow in Arizona, placed food staples in her cart at a charity food distribution event -- as she's had to do monthly since the Trump administration slashed federal food assistance programs.

Last news

Supply risks still haunt market despite high oil prices: IEA

High oil prices have yet to dampen demand which is set to continue rising and may soon outstrip supply, the International Energy Agency warned Wednesday.

Biden heads to Israel on first Middle East tour as US president

US President Joe Biden was Wednesday to start a Middle East tour in Israel, where leaders will urge tougher action against their common foe Iran, before a delicate stop in oil-rich Saudi Arabia.

Sri Lanka declares state of emergency after president flees to Maldives

Sri Lanka declared a state of emergency Wednesday as thousands of people mobbed the prime minister's office after the country's president flew to the Maldives, following months of widespread protests against an economic crisis.

Panama protests continue despite fuel and food price cuts

Thousands of Panamanians took to the street again on Tuesday to protest rising inflation and government corruption, despite the announcement of price cuts for fuel and some food products.

China growth slumps on virus lockdowns, real estate woes: poll

China's economic expansion slumped in the second quarter to levels not seen since early 2020, an AFP poll of analysts found, owing to painful Covid lockdowns and lingering weakness in the real estate sector.

Asian markets fluctuate as oil, euro struggle on recession fears

Asian markets fought Wednesday to recover some of the losses suffered at the start of the week as recession alarms continue to ring loud and oil struggled to erase the previous day's sharp drop owing to growing demand fears.

Mexican schoolboy set on fire for being Indigenous

A Mexican schoolboy was set on fire and badly burned in a classroom -- his "only crime" was speaking an Indigenous language in a country struggling to end racial discrimination.

Two charged with laundering in $1.2 bn Venezuelan fraud case

A Swiss and an Argentine were charged in Miami Tuesday with helping launder part of $1.2 billion taken from Venezuelan state oil firm PDVSA in a long-running corruption and bribery investigation.

Brent oil closes under $100/barrel for first time since April

Brent oil futures closed Tuesday under $100 a barrel for the first time in three months as recession worries cloud the near-term outlook for crude demand.

Euro drops to dollar parity as eurozone recession fears mount

The euro struck parity with the dollar for the first time in nearly 20 years on Tuesday as a cut in Russian gas supplies to Europe heightened fears of a recession in the eurozone.

Panama government reduces fuel prices in face of protests

Panama's president announced a reduction in gasoline prices and freezing of rates for several other essential products Monday in the face of continuing protests against inflation and corruption.

Apple's self-driving car effort stuck in low gear: report

Apple's quest to produce a viable self-driving car remains stalled despite years of work, with its team plagued by setbacks as rivals race ahead, The Information tech news website reported Monday.

Elderly Indonesian culinary legend's sweet treats stand the test of time

As the morning twilight approaches in an Indonesian city famed for its street food scene, a queue of sleepy customers snakes its way along the road in anticipation of a local culinary legend.

Global stocks mostly fall ahead of key US inflation data

Global stock markets mostly fell Monday as investors digested fresh Covid-19 restrictions in China and braced for a key US inflation report, while the dollar strengthened against other currencies.

Twitter stock sinks as Musk mocks lawsuit threat

Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant.

Lobbyist Mark MacGann comes out as Uber Files whistleblower

Lobbyist Mark MacGann on Monday came out as the whistleblower who leaked thousands of compromising documents on US ride-hailing firm Uber to British newspaper The Guardian.

Market values are destroying nature: UN report

A major UN report warned Monday that a global economy focused on short-term profit is wrecking the planet and called for a drastically different approach as to how we value nature.

Twitter stock falls as Musk mocks lawsuit threat

Twitter shares tumbled Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant.

Argentina will honor economic goals agreed with IMF: new minister

Argentina's new economy minister said Monday the country would honor fiscal deficit goals and other commitments made under a deal struck with the IMF to refinance a debt of some $44 billion.

China lockdown fears hit equities, oil prices

Stock markets and oil prices slid Monday with a fresh Covid flare-up in Shanghai fanning fears of another painful lockdown in China's biggest city.

Sri Lanka president near airport as exile rumours spread

Sri Lanka's embattled president was flown to an airbase near the main international airport Monday, officials said, raising speculation he will flee into exile abroad.

STMicro and GlobalFoundries plan 5.7 bn euro French factory

French-Italian chipmaker STMicroelectronics and US-based GlobalFoundries will plough 5.7 billion euros ($5.8 billion) into a new semiconductor factory in France, the firms and President Emmanuel Macron's office said Monday.

China lockdown worries hit Asian equities, crude prices

Asian markets and oil prices fell Monday with a fresh Covid flare-up in Shanghai fanning fears of another economically painful lockdown in China's biggest city.

China detains alleged bank fraud 'gang' after rare mass protests

Members of a "criminal gang" accused of taking control of local banks have been arrested in central China after rare protests over alleged financial corruption sparked violent clashes between customers and authorities.

Austria and Hungary fight nature to stop lake vanishing

Kitesurfers and windsurfers dot picturesque Lake Neusiedl on the Austrian-Hungarian border –- but the water is so low some get stuck in the mud.

Pakistan's prized mango harvest hit by water scarcity

Mango farmers in Pakistan say production of the prized fruit has fallen by up to 40 percent in some areas because of high temperatures and water shortages in a country identified as one of the most vulnerable to climate change.

China lockdown worries hit Asian equity, crude markets

Asian markets and oil prices mostly fell Monday with a fresh Covid flare-up in Shanghai fanning fears of another economically painful lockdown in China's biggest city.

Return to Kyiv by night train

When the train slows to a halt just after the Polish border, Tatiana's smile lights up her moon-shaped face.

'Faceless killer': Syria landmines keep sowing death

Family members from three generations were huddled on the back of a pickup truck for what started as a joyful ride through the Syrian countryside for Abdulaziz al-Oqab and his relatives.

French opposition denounces Uber-Macron 'secret deal'

Opposition deputies on Sunday denounced reports of a secret deal between French President Emmanuel Macron -- when he was a minister under a socialist government -- and online transport giant Uber.

Leaked Uber docs reveal bare-knuckle expansion tactics: investigation

A leaked cache of confidential files from ride-sharing app Uber illustrates ethically dubious and potentially illegal tactics the company used to fuel its frenetic global expansion beginning nearly a decade ago, a joint media investigation showed Sunday.

Sri Lanka protesters won't budge till president leaves office

Sri Lankan protesters refused to budge from President Gotabaya Rajapaksa's residence on Sunday, a day after they stormed his home, forcing him to flee with the navy and announce he would resign.

Sawt Falasteen - Economy (English)