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German unemployment tops 3 million, highest for a decade
German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in another blow to Europe's struggling top economy. The unemployment figure rose by 46,000 month-on-month to hit 3.025 million, the federal employment agency said, the highest level since February 2015.
Lay off our eggs market, French producers tell Ukraine
The leading French eggs association has sounded alarm over the import of hundreds of thousands of eggs from Ukraine, warning they breach with European production standards and may contain banned antibiotics.
Modi says India, Japan to 'shape the Asian century'
India and Japan will "shape the Asian Century", Prime Minister Narendra Modi said Friday, on a visit expected to secure billions of dollars in Japanese investment and an upgrade to security ties. We will shape the Asian Century for stability, growth, and prosperity," Modi said.
Vandalism hobbles Nigeria's mobile telephone services
When cell phone and internet networks went down across nine states in Nigeria earlier this summer, leaving millions without service, telecoms officials pointed to an increasingly familiar culprit: vandalism.
Japan seeks record defence budget, to triple drone spending
Japan's defence ministry is aiming for a major boost to its drone arsenal as part of another record spending request made Friday to deal with a "severely intensifying security environment". But the new budget increase reflects the "severely intensifying security environment" around Japan, a defence ministry official told reporters in Tokyo on condition of anonymity.
Asia stocks mixed after Wall St hits new highs
Asian markets were mixed on Friday following recent strong gains and after the Dow and the S&P 500 hit new records. Modest gains on Wall Street came after an upward revision to US GDP for the second quarter and bumper results from AI chip giant Nvidia.
Cash-strapped Taliban look to airspace for windfall
Far above Kabul, the cash-strapped Taliban government has located a potentially lucrative revenue stream: Afghanistan's airspace. Against such economic headwinds, the airspace revenue stream "is helpful for the cash-strapped current administration", said Sulaiman Bin Shah, former deputy minister of industry and commerce in the ousted government and founder of the Catalysts Afghanistan consultancy.
Trump thumbs nose at decades of India courtship
India once united US policymakers like few issues. US policymakers have long skirted around India's sensitivities on Kashmir and sought to contain fallout from disagreements on other issues.
Brazil police target network that siphoned billions from fuel sector
Brazilian police cracked down Thursday on a sprawling criminal network that defrauded motorists at petrol pumps and concealed billions of dollars in illicit earnings in cahoots with financial companies. Brazilian police released images of a mass deployment of officers in Sao Paolo's Faria Lima Avenue Thursday, where many financial institutions are headquartered.
AFP
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