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US retail sales weaker than expected as consumer health under scrutiny
US retail sales weaker than expected as consumer health under scrutiny
by  AFP

US retail sales logged smaller gains than expected in February according to government data released Monday, edging up from an earlier decline with all eyes on consumer spending strength amid growing worries of a recession. - Risk of weakness - From a year ago, retail sales were up 3.1 percent in February, the government data showed.

Court upholds £3 bn lifeline for UK's top water supplier
Court upholds £3 bn lifeline for UK's top water supplier
by  AFP

A UK court on Monday upheld an emergency loan granted to Thames Water, allowing Britain's largest such supplier to keep a financial lifeline as it drowns under massive debt. Thames is scrambling to find fresh sources of funding, including appealing to the UK water regulator to be allowed to hike bills more than granted.

OECD lowers global growth projections over tariffs, uncertainty
OECD lowers global growth projections over tariffs, uncertainty
by  AFP

Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic Co-operation and Development said on Monday as it lowered its projections for global growth in 2025. That was due to "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty weighing on investment and household spending".

Peruvian farmer demands 'climate justice' from German energy giant
Peruvian farmer demands 'climate justice' from German energy giant
by  AFP

A Peruvian farmer taking a German energy giant to court says he is battling for "climate justice" and wants the company to pay for the consequences of rising temperatures. We have done nothing to contribute to climate change and now we’re paying for it'," Bals said outside court.

From determination to despair: S.Africa's youth battling for work
From determination to despair: S.Africa's youth battling for work
by  AFP

In a corner of his mother’s backyard, 30-year-old Thabang Moshoke runs a clipper through a client's hair at a makeshift barbershop that has only a rough roof to shield it from the skies. Not far from the backyard barbershop, Nhlanhla Vilakazi, 31, washes shoes for around 90 rand a pair to earn her living.