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Putin hails Russia's strong 2024 economic growth
Putin hails Russia's strong 2024 economic growth
by  AFP

Russia reported strong economic growth for 2024 on Friday as record spending on the military offensive against Ukraine outweighed the impact of Western sanctions. Before sending troops into Ukraine, Russia had faced almost a decade of sluggish growth and falling living standards -- suffering under sanctions and restrained domestic spending after Moscow annexed Crimea in 2014. bur/lth

Germany logs record US surplus amid Trump tariff fears
Germany logs record US surplus amid Trump tariff fears
by  AFP

Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs. Germany has the largest trade surplus with the United States of any European Union member state, according to the bloc's most recent data, with the EU's overall surplus angering Trump.

Emigration and war hit once-booming Belarus tech sector
Emigration and war hit once-booming Belarus tech sector
by  AFP

A project manager in Belarus's once-flourishing tech industry, Andrei Dorin admits his sector is in "crisis". Tech has been one of the few relatively liberalised sectors in ex-Soviet Belarus's state-dominated economy.

Hong Kong to file complaint with WTO over US tariffs
Hong Kong to file complaint with WTO over US tariffs
by  AFP

Hong Kong will file a complaint with the World Trade Organization in response to heightened US tariffs on its goods, a government spokesperson said Friday, days after Beijing announced a similar move.

Third Al-Fayed brother accused of sexual abuse: BBC
Third Al-Fayed brother accused of sexual abuse: BBC
by  AFP

Three former employees at London's Harrods store have accused another brother of its late boss Mohamed Al-Fayed of sexual assault, after hundreds of similar claims were made against the tycoon, the BBC reported Thursday. London's Metropolitan police has opened a new investigation into sexual assault claims against Mohamed Al-Fayed, which has identified at least 90 victims. aks/jkb/ach

'Lottery ticket': Crypto investors brace for bumpy ride under Trump
'Lottery ticket': Crypto investors brace for bumpy ride under Trump
by  AFP

Nick was enjoying his Saturday off work in Pennsylvania when he received an unexpected and alarming message: cryptocurrencies, buoyed since Donald Trump's November 5 election win, were in freefall. The value of Bitcoin, by far the most important crypto which has broken record after record and gained around 50 percent since Trump's election, dropped six percent at the height of the crash.