Economy
US-China economic flashpoints at a glance
From a trade imbalance to technological competition, a host of economic flashpoints are boosting tensions between Washington and Beijing -- and these are among areas in which both Republicans and Democrats can agree.
Economy another victim of war in impoverished Sudan
Before the Sudanese army and paramilitary fighters turned their guns on each other last year, Ahmed used to sell one of Sudan's main exports: gum arabic, a vital ingredient for global industry. "When the war began, I had a stock of gum arabic in a warehouse south of Khartoum that was intended for export," Ahmed told AFP, asking to use only his first name for fear of retaliation.
Macron spends day at agricultural show as angry farmers protest
French President Emmanuel Macron spent the entire day at the annual agricultural fair Saturday, as angry farmers heckled him and scuffled with police. - Macron meets farmers' leaders - While French presidents have often been jeered at the annual fair, Saturday's scenes were a first.
Oil-rich Argentine provinces threaten to cut supply in dispute with Milei
Argentina's main petroleum-producing provinces have threatened to cut supplies to the rest of the country over funding cuts ordered by President Javier Milei. Economy Minister Luis Caputo argued on X that the cut was necessary to collect on unpaid debt from Chubut to the federal government -- and that 10 other provinces also owe money.
Eiffel Tower to reopen Sunday as strike ends
France's Eiffel Tower that had been closed for five days by a strike will reopen Sunday after the monument's management announced a deal had been struck with unions. The Eiffel Tower booked a shortfall of around 120 million euros ($130 million) during the Covid pandemic in 2020 and 2021.
Defying war, 9/11 and Covid, NY bar keeps ale flowing at 170
Not much has changed in the 170 years that McSorley's Old Ale House has been serving customers in Manhattan's East Village. "After 170 years a lot of people are checking to see if we are still here."
Thousands protest as hunger grows amid Argentine austerity
Thousands protested across Argentina on Friday to demand food aid for the poor as soaring inflation and President Javier Milei's harsh austerity measures take their toll. Milei's government says it plans to audit the needs of each individual soup kitchen and put in place a system of direct aid, aiming to exclude intermediaries such as social movements he describes as "poverty managers."
Poland snubs border meeting with Ukraine to end farmer protests
Ukraine's prime minister went to the border with Poland on Friday hoping to end weeks of protests by Polish farmers but he said noone from the neighbouring government turned up for talks. "Unfortunately, Polish government officials did not come," said Ukrainian Prime Minister Denys Shmygal, who led a delegation to the border.
Chip giant TSMC shifts away from hotspot Taiwan with Japan plant
Taiwanese chip giant TSMC is set to open an $8.6 billion plant in Japan on Saturday as the firm moves some of its crucial hardware manufacturing away from its native base. The new plant in Japan is "the most significant TSMC international investment to open in many years", said Chris Miller, author of "Chip War: The Fight for the World's Most Critical Technology".
Economy
Load more