Economy
Climate crisis prompts Biden to halt new gas export facilities
The United States, which ships more liquefied natural gas (LNG) than any other country, is hitting pause on new export facilities, the Biden administration announced Friday in a step hailed as vital to tackling the climate crisis.
Farmers vow to besiege Paris to win govt concessions
France's top farmers' union on Friday announced plans to blockade major roads around Paris, upping the pressure on the government to respond to their demands on pay, tax and regulations. Five toll stations on major road arteries into Paris would be blocked from 2:00 pm (1300 GMT), farmers' union FNSEA told AFP, including on the A6 and A13 motorways.
Israel's El Al says scrapping S. Africa flights end March
Israeli flag carrier El Al said Friday it will scrap direct flights to South Africa following "a significant fall in demand by Israeli travellers" to the country and other destinations. Scores of international airlines have suspended Tel Aviv flights since the eruption of the Israel-Hamas war on October 7, while many countries have warned their nationals against travelling to Israel.
Italy's Meloni targets energy, migration with Africa plan
Energy deals in return for stopping migration. Prime Minister Meloni, who came to power in 2022 on an anti-migrant ticket, hopes to posit Italy as a key bridge between Africa and Europe, funnelling energy north while exchanging investment in the south for deals aimed at preventing migration.
Quality control at heart of latest Boeing crisis
Boeing is facing intensifying scrutiny over its quality control practices in the aftermath of a near-catastrophic Alaska Airlines flight three weeks ago when a panel blew out. At its Renton, Washington factory where the MAX is assembled, Boeing on Thursday held the first of a series of "quality stand down" events -- pauses in normal operations for day-long sessions to focus on quality control.
Nigeria ranks among 10 least indebted African countries by IMF
The International Monetary Fund (IMF) has released the list of countries in Africa with the least debts going into 2024 and Nigeria is ranked among them.
Asian equity rally fades despite Wall St records sparked by US data
The rally in Asian markets petered out Friday, with profit-takers paring three-day surges in Hong Kong and Shanghai as traders await more guidance on China's plans to support the country's battered economy.
Yellen touts Biden economic wins as 2024 campaign ramps up
US Treasury Secretary Janet Yellen on Thursday lauded the economic gains made under President Joe Biden, as the Democrat leader's reelection campaign revs up -- and his team seeks to show he has done more for the country than Donald Trump.
UK, Canada pause trade talks, agriculture remains a hurdle
British negotiators paused free trade talks with Canada on Thursday after years of discussions between the two Commonwealth nations, Ottawa said.
Economy
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