Stocks fall on recession fears as inflation data looms
HONG KONG (AFP) - Markets mostly fell on Tuesday as investors grew increasingly concerned that more massive interest rate increases would push economies into...
A strong US dollar is an unstoppable force that puts other currencies at risk
The US dollar made amazing gains against other currencies amid rising interest rates, bringing back memories of the Asian financial crisis
New York (AFP) -...
Bank of England expands measures on UK ‘financial stability’ concerns
The Bank of England is responding to high UK bond yields since the government unveiled debt-driven tax cuts
London (AFP) - The Bank of England...
Asian markets sway on recession fears as inflation data looms
Traders look to Tokyo as the yen dips towards the 145.90 level it touched last month, triggering a massive intervention to support the currency.
Hong...
Annual US inflation eased in August – but it probably won’t be enough
High prices have forced Americans to spend a larger share of their income on basic goods
High prices have forced Americans to spend a larger...
What do inflation shields look like in Spain, Greece and Germany?
Every day, the correspondents' club describes how the same current event is illustrated in several countries.Consumer prices are exploding in many European countries. (MAXPPP)
In...
Panama Canal Administrator Aims for Traffic to Normalize by February 2025
Panama Canal Administrator Aims for Traffic to Normalize by February 2025
The Panama Canal traffic is anticipated to return to normal by February 2025, announced...
Elon Musk reinstates the accounts of several personalities banned from Twitter, but has “not...
The former US president was banned from the social network in January 2021, after the Capitol was stormed by his supporters.
Elon Musk's Twitter account,...
Former Congressional Security Chief on Twitter to Shareholders Supporting Musk’s Purchase
Peiter "Mudge" Zatko, Twitter's former head of security, says company executives have ignored warnings he's raised about the safety of user data.
Washington (AFP) -...
Markets are falling as central banks raise interest rates
The Bank of England said the British economy had entered a recession as it raised interest rates again to combat inflation
New York (AFP) -...
Stock Markets Surge Amid Expectations of More Rate Cuts
In a positive turn of events, global stock markets rallied on Thursday as several central banks hinted at potential interest rate reductions.
Following the Federal...
Turkey’s Central Bank Raises Key Interest Rate to 50% in Effort to Combat Rising...
Turkey's Central Bank Raises Key Interest Rate to 50% in Effort to Combat Rising Inflation
Turkey's central bank has increased its key interest rate to...
Portugal: a short-lived upturn
"European Micro" examines a social phenomenon in Portugal today, the theft of food in hypermarkets. Families with young children and elderly people cannot feed...
Tunisian ‘hanging garden’ farms cling on despite drought
High in the hills of northwest Tunisia, farmers plant thousands of fig trees with a unique system of terraces that they hope will protect...
TRUE OR FAKE. War in Ukraine: Did Bonduelle supply tinned vegetables to Russian soldiers?
The French company denies this, but it acknowledges that its subsidiary in Russia supplies the local Food Bank, which has already distributed packages to...
Ford electric motor reinvents historic Michigan plant
The cab is lowered onto the tire of a battery-powered F-150 Lightning truck at Ford's Rouge Electric Vehicle Center in Dearborn, Michigan.
Dearborn (United States)...
US stocks drop, dollar gains as Federal Reserve unveils latest major interest rate hike
Federal Reserve Chairman Jerome Powell vowed to do what it takes to control inflation as the central bank raised interest rates again
New York (AFP)...
Apple has been fined again in Brazil for selling phones without chargers
In Brazil, the court awarded Apple 20 million USD on Thursday. fine for selling its iPhone smartphones without chargers, a practice the judge called...
Twitch blocks gambling streams as addiction fears mount
Amazon-owned Twitch calls to avoid betting on the video game streaming platform have gone viral on Twitter with the hashtag #StopTwitchGambling
SAN FRANCISCO (AFP) -...
US Existing Home Sales Increase Significantly in February
In a positive development for the housing market, sales of existing homes surged last month by the largest margin in a year, attributed to...
Facebook whistleblower launched a non-profit organization to deal with big tech
The first project of a new non-profit organization launched by Facebook whistleblower Frances Haugen will be to create an open source database of the...
German bakeries struggle to survive as costs rise
Bakeries in Germany were among the businesses hit hard by the economic fallout from Russia's invasion of Ukraine
BEILITZ (Germany) (AFP) - Faced with an...
Stocks plummet, dollar jumps as US inflation picks up
Despite the welcome decline in US gasoline prices, food, housing and car prices continued to rise
New York (AFP) - Stock markets fell while the...
Justice Department Files Lawsuit Against SpaceX Alleging Discrimination Against Asylees and Refugees
SpaceX Sued by Justice Department Over Alleged Asylee, Refugee Discrimination
The Department of Justice has filed a civil lawsuit against SpaceX, the aerospace company owned...
Sony Terminates $10 Billion Merger with Zee Entertainment in India
Sony has announced that it is terminating its $10 billion merger with Indian rival Zee Entertainment. The merger, which was agreed upon in late...
The US gets a voice in an epic battle with Apple
Lawyers for Epic Games and Fortnite maker Apple will face off in an appeal hearing over strict App Store censorship, and lawyers for the...
US sues Boeing with misleading investors over 737 Max Safety, fined $200 million
US regulators say Boeing and its ex-CEO have 'put the profits on people', misleading the public about the safety of the 737 MAX
New York...
In Nigeria finding value in waste recycling
There is money in the trash: scrap metal at the Romco recycling plant in Lagos
Lagos (AFP) - Heaps of garbage scattered along roads and...
Steep Fed rate hike seen as certainty after ugly inflation data
Federal Reserve Chairman Jerome Powell said policy makers must continue to act aggressively to curb the raging price pressures that are putting pressure on...
US Federal Reserve raises key interest rate as recession fears escalate
The US Federal Reserve announced its interest rate decision as concerns grow that aggressive measures could push the economy into recession next year.
Washington (AFP)...
Israeli Air Strike Targets Hezbollah Positions in Kounine
Israeli Army Air Strike in Kounine
In a significant escalation of military action, the Israeli Defense Forces (IDF) launched an air strike in Kounine, a...
Israeli Air Strike Targets Hezbollah Positions in Kounine
Israeli Army Air Strike in Kounine
In a significant escalation of military action, the Israeli Defense Forces (IDF) launched an air strike in Kounine, a...
