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On $15 a month, Venezuela's teachers live hand to mouth
On $15 a month, Venezuela's teachers live hand to mouth
by  AFP

With a monthly salary of $15, a teacher in Venezuela earns nowhere near enough to cover their basic food necessities, never mind rent or medicine. A basket of food essentials for a family of four in Venezuela costs about $500 a month, 33 times the salary of a teacher -- a profession that has historically been underpaid, but never as little as now.

AP sues White House officials over denial of access
AP sues White House officials over denial of access
by  AFP

The Associated Press filed a lawsuit against three White House officials on Friday after the news agency was barred from some of US President Donald Trump's events. The White House Correspondents' Association has called AP's exclusion from Trump events "outrageous."

Cognac on the rocks: industry seeks French govt help from Chinese tariffs
Cognac on the rocks: industry seeks French govt help from Chinese tariffs
by  AFP

The French cognac industry said Friday it was losing 50 million euros ($50 million) per month since the imposition of antidumping duties by China and appealed for government help. An executive of one cognac producer said they had been received by French government leaders but "we have the impression of being sacrificed".

German flying taxi start-up's rescue deal collapses
German flying taxi start-up's rescue deal collapses
by  AFP

A German flying taxi start-up said on Friday it would halt operations after a deal to rescue it fell through, the latest turbulence to hit the sector. In December another German flying taxi start-up, Volocopter, filed for insolvency after struggling to overcome hurdles in developing a two-seater electric air taxi. sr/jsk/sbk

Tech, auto, medicines: who will pay Donald Trump's tariffs?
Tech, auto, medicines: who will pay Donald Trump's tariffs?
by  AFP

After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals. Here's a look who would be hit the hardest if US import tariffs on semiconductors, cars and pharmaceuticals go into force.

US, China economic leaders raise 'serious concerns' in first call
US, China economic leaders raise 'serious concerns' in first call
by  AFP

US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world's two biggest economies simmer under President Donald Trump's second term.