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...
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...
Winter power shortage won’t worry the Swiss Valley off the grid
Seaview (Switzerland) (AFP) - As people across Europe are urged to save energy next winter to avoid a power shortage, Switzerland's Bavuna Valley is...
Stocks and oil prices fall on recession fears
Fear is growing that further large interest rate increases will push economies into a deep recession. The mood also prevailed, with the worsening war...
The European Union cuts energy use and taxation of energy companies
The European Union plans to cut energy use by "at least five percent" during peak hours, according to a commission document seen by AFP.
Brussels...
The losses caused by Hurricane Ian, in the billions, will slow down growth in...
Residents of mobile homes clean up debris in the aftermath of Hurricane Ian in Fort Myers, Florida, on September 29, 2022
New York (AFP) -...
Mixed day for stocks as European inflation rises
A woman holds a torch during a demonstration against rising energy prices and the increasing cost of living during a national demonstration in Brussels...
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) -...
No Terminator: Musk provokes ‘helpful’ robots
Elon Musk says Tesla's human-developed Optimus robot could cost less than $20,000 and end up doing most of the work while people reap the...
The UK housing market has been affected by the budget fallout
Analysts expect UK house prices to lead into prolonged stagnation
London (AFP) - Britain's housing market has been battered by the British government's extravagant budget,...
France’s Total Energy pumps $1.5 billion into Qatari gas
France's Total Energy plans to pump $1.5 billion into boosting gas production from Qatar's huge North Field, on top of more than $2 billion...
Electric cars at the Detroit Auto Show? Consumers have questions
At the Detroit Auto Show earlier this month, General Motors showed off its new electric vehicles, including the Chevrolet Silverado RST EV.
DETROIT (AFP) -...
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)...
Inflation swings as Thai elections approach
The kingdom has been grappling with 14-year-old inflation that has driven up the basic cost of living — coming as the country prepares for...
Cypriot carob farmers harvest ‘black gold’
Theophanes Christo, 20, and his grandfather Christos Charalambos, 79 (above the tree) harvest carob from a tree in the village of Asgata, southern Cyprus
ASGATA...
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...
Swiss vote on factory farm bans and pension reform
In 2020, women in Switzerland, on average, received approximately 35% lower pensions than men
GENEVA (AFP) - Switzerland voted Sunday on a number of issues,...
UK government lifts ban on gas fracking in England
Protesters set up a fake gas fracking platform in front of both houses of the British Parliament in 2012
London (AFP) - Britain on Thursday...
Canada launches review to legalize cannabis after four years
Canada has launched a review of its cannabis law, four years after it legalized its recreational use - celebrated by thousands including this man...
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) -...
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...
William Burns as Director of the CIA
CIA Director William Burns (pictured in April 2021) says his life is nothing like James Bond or Jason Bourne, in the first broadcast of...
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...
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)...
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 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)...
Pressure builds after World Bank chief dodges questions about climate
World Bank President David Malpass has been accused of being a "climate denier" after refusing to answer whether he believed human-made emissions contributed to...
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...
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...
Spielberg’s ‘The Fabelmans’ wins Toronto festival top prize
LOS ANGELES (AFP) - Steven Spielberg's new film "The Fabelmans" earned its spot as the first Academy Awards nominee Sunday by winning the first...
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...
