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Trump extends deadline for TikTok sale by 90 days
Trump extends deadline for TikTok sale by 90 days
by  AFP

President Donald Trump announced Thursday he had given social media platform TikTok another 90 days to find a non-Chinese buyer or be banned in the United States. "I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)," Trump posted on his Truth Social platform, putting off the ban for the third time.

How Trumponomics has shaken global markets
How Trumponomics has shaken global markets
by  AFP

US President Donald Trump has taken just a few months since his election to upend global financial markets with his economic policies. Trump's tariffs are the main culprit but the global reserve currency is also suffering from concerns about the size of the US debt -- exacerbated by a budget proposal from the president that many analysts say will be hugely expensive.

Swiss central bank cuts interest rates to zero percent
Swiss central bank cuts interest rates to zero percent
by  AFP

The Swiss National Bank cut interest rates to zero percent on Thursday as inflation cools and the franc strengthens, while the economic outlook has deteriorated. "The global economic outlook for the coming quarters has deteriorated due to the increase in trade tensions," the central bank said, adding that the outlook for Switzerland remained uncertain.

SpaceX Starship explodes during routine test
SpaceX Starship explodes during routine test
by  AFP

One of Elon Musk's SpaceX Starships exploded during a routine test late Wednesday in Texas, law enforcement said, in the latest setback to the billionaire's dream of turning humanity into an interplanetary species. The latest setback follows an explosion of a prototype Starship over the Indian Ocean in late May.

Shortages hit Nigeria's drive towards natural gas-fuelled cars
Shortages hit Nigeria's drive towards natural gas-fuelled cars
by  AFP

Motorists in Nigerian cities are spending hours, or even days, queuing for natural gas to power their cars after the government promoted its use as an alternative fuel. Murtala Ishola, who is in his early 60s, said he was used to queuing for hours to fill up his gas tank but recently it had become a days-long wait.