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Lesotho fears Trump shake-up could tear threadbare economy
Lesotho fears Trump shake-up could tear threadbare economy
by  AFP

In a sweltering factory in Lesotho, rows of workers hunch over thrumming sewing machines churning out piles of jeans for the global market from a country that US President Donald Trump has mocked as unknown. These workers are now fretting over their future after Trump this month called Lesotho "a country nobody has ever heard of" while defending his sweeping aid cuts.

Autos lead Asian market losses after Trump's latest tariffs salvo
Autos lead Asian market losses after Trump's latest tariffs salvo
by  AFP

A plunge in automakers hit Asia equities Thursday after Donald Trump announced painful tariffs on all imported vehicles and parts as he presses hardball trade policies many fear will spark a recession. Key automobile parts will also be hit within the month.

AI's impact on jobs, tech's touchy topic
AI's impact on jobs, tech's touchy topic
by  AFP

"Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where the impact of new artificial intelligence models on the world of work had sparked some unease. We're sparking the conversation," said Fahad Alam of Artisan, a startup, at the HumanX AI event.

Chile rocked by clashes over fishing quotas
Chile rocked by clashes over fishing quotas
by  AFP

Chilean police fired tear gas and water cannon Wednesday as they battled with hundreds of fishermen who threw stones and burned tires to press for greater catch rights, leaving at least 15 officers and a protester hurt. Police fired tear gas and used at least three water cannon to disperse the protests, which Vasquez termed "very violent" and lasted several hours.

Market tracker expects brands' fear of Musk to boost X ad revenue
Market tracker expects brands' fear of Musk to boost X ad revenue
by  AFP

Emarketer on Wednesday forecast that ad revenue at X, formerly Twitter, will grow this year as brands fear retaliation by politically connected owner Elon Musk if they stay away. Emarketer forecast that Meta ad revenue will grow slightly more than 11 percent in the United States this year.

Tesla troubles: Speed bump or early signs of impending crash?
Tesla troubles: Speed bump or early signs of impending crash?
by  AFP

Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive's close ties to Donald Trump and increased electric vehicle competition. In his view, Tesla and Musk both enjoy the unwavering loyalty of shareholders, but to reassure them, some sort of senior executive should be appointed to take care of the day-to-day running of the company from Musk.