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US Fed governor to resign early at critical time for central bank
US Fed governor to resign early at critical time for central bank
by  AFP

US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates. "It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System," Kugler wrote in her resignation letter.

Brewed awakening: German beer sales lowest on record
Brewed awakening: German beer sales lowest on record
by  AFP

It is news that will leave brewers feeling flat -- German beer sales hit their lowest level in the first half of the year since records began over three decades ago. Holger Eichele, head of the German Brewers' Federation, said 2025 was set to be "an extremely demanding year for us".

Musk's X accuses Britain of online safety 'overreach'
Musk's X accuses Britain of online safety 'overreach'
by  AFP

Elon Musk-owned social network X on Friday accused Britain's government of "overreach" with a new law designed to protect children from harmful online content such as pornography. Many people resort to virtual private networks (VPNs) to get around territorial restrictions on access to online content.

Senegal PM unveils economic recovery plan based on domestic resources
Senegal PM unveils economic recovery plan based on domestic resources
by  AFP

Senegal's prime minster unveiled an economic recovery plan for the highly indebted nation on Friday, focused on reviving its economy with a shift towards greater domestic funding. In unveiling the new plan, Sonko said it was based on principles including "respect for Senegal's international commitments", particularly debt repayment.

US job growth weaker than expected in July as unemployment rises
US job growth weaker than expected in July as unemployment rises
by  AFP

US job growth missed expectations in July, government data showed Friday, while revisions to hiring figures in recent months brought them to the weakest levels since the Covid-19 pandemic. The US economy has added an average of just 35,000 jobs per month since May, data showed.