Economy
Brazil's farmers fret over fires and drought
Sugarcane farmer Marcos Meloni is still haunted by his battle last month to fight the flames on his land, as the double-edged disaster of fires and drought hits Brazil's agricultural sector hard. - 'The soil lacks water' - Meloni had already finished his harvest but his land suffered significant damage.
Top Biden aide says US economy at 'turning point'
The US economy is at an "important turning point," the top economic advisor to President Joe Biden said Monday, calling for safeguards to be put in place to protect gains made in the labor market, ahead of a key Federal Reserve interest rate decision.
Titanic shipbuilder sinks back into trouble
Iconic shipbuilder Harland and Wolff, famed for constructing the doomed Titanic, said Monday it faced renewed financial difficulties, forcing it to offload non-core assets to preserve its shipyards.
British politics and fashion collide at London Fashion Week
Canadian-British designer Edeline Lee presented her latest spring-summer 2025 collection at London Fashion Week (LFW) on Monday with a loyal customer in attendance -- Victoria Starmer, the wife of UK Prime Minister Keir Starmer.
Bombshell as France's Breton slams door on EU commission
France's powerful European Union commissioner Thierry Breton abruptly resigned on Monday with a parting shot at the bloc's chief as she prepared to present her new team. Announcing his walkout the day before Ursula von der Leyen was expected to unveil her incoming team, the bloc's internal market commissioner claimed the EU chief had sought at the last minute to push him out.
Europe's EV troubles bubble up at Brussels Audi factory
Outside an Audi factory in Brussels described by the German carmaker as the "cradle" of its electric drive, around 200 picketing workers huddled around a bonfire in the morning drizzle. "They screwed up with electric," Karim Chawki, 52, a picketing worker, said.
Argentina's Milei presents budget, warns zero deficit is a must
Argentine President Javier Milei presented his 2025 budget to congress Sunday, with the libertarian promising to veto any law that threatened his strict goal to reduce the country's budget deficit to zero. "We will veto all the bills that threaten the fiscal balance, because we will not be accomplices in swindling the Argentine people," he said.
Asian markets wobble ahead of Fed as China fears dent sentiment
Asian investors trod cautiously Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be this week, while sentiment was being dragged by worries about the Chinese economy. But Asian investors were unable to extend the rally, with Hong Kong, Singapore and Wellington down but Sydney, Taipei and Manila edging up.
Plastics: navigating the maze of dizzying acronyms
Plastics are all around us -- from food packaging and drinking bottles to the insulation in our homes. Expanded, it is used to package fish or for insulation in construction.
Economy
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