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UN-backed climate banking alliance ceases operations
UN-backed climate banking alliance ceases operations
by  AFP

The Net-Zero Banking Alliance, a UN-backed initiative seeking carbon neutral investments by banks, announced Friday its immediate shutdown -- at a time of faltering climate commitments in the United States and Europe.

Munich airport resumes flights after drone sightings trigger closure
Munich airport resumes flights after drone sightings trigger closure
by  AFP

Germany's Munich airport said normal service resumed Friday after several drone sightings forced its closure overnight, the latest in a string of similar aviation disruptions across Europe. An airport spokesman said in a statement sent to AFP that "flight operations resumed as normal from 5:00 a.m. on Friday morning".

Tech fans Tokyo rally on broadly positive day for Asian markets
Tech fans Tokyo rally on broadly positive day for Asian markets
by  AFP

A surge in tech firms helped Tokyo's Nikkei lead most Asian equities higher on Friday as investors headed into the weekend on a broadly positive note, with US rate-cut hopes out-muscling concerns about a government shutdown. The advance helped push Tokyo's Nikkei 1.9 percent higher, while there were also gains in Sydney, Singapore, Bangkok, Wellington, Taipei, Jakarta and Manila.

Spain's Benidorm embraces its Franco-era mass tourism model
Spain's Benidorm embraces its Franco-era mass tourism model
by  AFP

Fifty years after General Francisco Franco's death, Benidorm still clings to the mass tourism model it pioneered under his dictatorship, even as protests against overtourism sweep other Spanish holiday hotspots. Criticised for decades for its high-rise skyline and dense crowds, in recent years it has been hailed as a model of sustainable tourism.

US farmers hit by trade war to get 'substantial' aid: Treasury chief
US farmers hit by trade war to get 'substantial' aid: Treasury chief
by  AFP

US Treasury Secretary Scott Bessent signaled Thursday that "substantial support" for farmers would be announced next week, particularly for those growing soybeans, as they struggle with fallout from President Donald Trump's trade conflicts. "You should expect some news on Tuesday on substantial support for our farmers, especially the soybean farmers," Bessent told CNBC early Thursday.

US Treasury chief says 'fully prepared' to support struggling Argentina
US Treasury chief says 'fully prepared' to support struggling Argentina
by  AFP

US Treasury Secretary Scott Bessent said Thursday that his agency was "fully prepared to do what is necessary" in support of Argentina, a week after revealing both sides were in talks over an economic aid program. Last week, Bessent announced that he was in talks with Buenos Aires on a $20 billion program of support to end a run on the Argentine peso.