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US, Switzerland say reached deal on trade and tariffs
US, Switzerland say reached deal on trade and tariffs
Economy
by  AFP

The United States and Switzerland are set to unveil details of a trade pact Friday, with both sides reaching an agreement to sharply lower tariffs recently imposed by President Donald Trump, officials said. The Swiss government separately announced that Switzerland and the United States have found an agreement where US tariffs will be slashed from their current 39-percent level to 15 percent.

Water shortage pushes Kyrgyzstan, Tajikistan into energy crisis
Water shortage pushes Kyrgyzstan, Tajikistan into energy crisis
Economy
by  AFP

Kyrgyzstan and Tajikistan are facing an energy crisis as water levels have plummeted at the reservoirs powering their largests hydropower stations, officials said this week. The water level in the reservoir connected to Tajikistan's Nurek power plant has dropped by 2.47 metres (8.1 feet) over the last year, the state utility firm told AFP on Friday.