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Sweden drowns in discarded fast fashion items
Sweden drowns in discarded fast fashion items
by  AFP

Sweden's recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, leaving overwhelmed municipalities eager to have fast fashion giants take responsibility.

Stocks, dollar sink and gold hits record as Trump tariff panic returns
Stocks, dollar sink and gold hits record as Trump tariff panic returns
by  AFP

Stocks and the dollar tumbled while gold hit a fresh record high as panic gripped markets again Friday after Donald Trump admitted that his global tariff blitz could see "a transition cost". The weaker dollar and the rush for safety has also sent gold to a fresh record high above $3,200, while fears of a possible global recession have battered oil prices, which extended losses Friday.

Trump admits trade war 'cost' as markets hit
Trump admits trade war 'cost' as markets hit
by  AFP

Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging trade offensive against superpower rival China. Trump acknowledged "a transition cost and transition problems," but dismissed global market turmoil.

Panama deal allows US to deploy troops to canal
Panama deal allows US to deploy troops to canal
by  AFP

US troops will be able to deploy to a string of bases along the Panama Canal under a joint deal seen by AFP Thursday, a major concession to President Donald Trump as he seeks to reestablish influence over the vital waterway. Trump vow to take back the canal, and his claim of Chinese influence have prompted mass demonstrations.

US auto union praises some Trump tariffs
US auto union praises some Trump tariffs
by  AFP

The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games." "We don't support the use of tariffs for political games about immigration or fentanyl.

Tesla opens first showroom in oil-rich Saudi
Tesla opens first showroom in oil-rich Saudi
by  AFP

The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi Arabia -- where hybrid cars remain a rare sight. Mainly young Saudis gathered to look at the Tesla cars, even though demand for electric vehicles is low in Saudi Arabia.