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Author's articles
IMF to revise regional outlook over Israel-Hamas conflict
The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region due to the ongoing Israel-Hamas conflict. It did not say if the revisions would be released ahead of its next outlook publication, which is due in January.
With outburst, Musk puts X's survival in the balance
Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control. But by dropping X, "you are opening yourself up for competitors to step into your territory," warned Kellis Landrum, co-founder of digital marketing agency True North Social.
Spaniard arrested for helping N.Korea evade US sanctions
Spanish police on Friday said they had arrested a man wanted by Washington for allegedly conspiring with cryptocurrency experts to help North Korea evade sanctions over its nuclear program.
US Fed Chair Jerome Powell calls rate cut speculation 'premature'
It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's recent progress on inflation, Fed Chair Jerome Powell said Friday. On Friday, Powell said the Fed's rate-setting Federal Open Market Committee (FOMC) would continue its inflation battle despite the apparent success of its "restrictive" stance of monetary policy.
UK unveils £11 bn windfarm investment by UAE, German firms
UK Prime Minister Rishi Sunak announced Friday plans by UAE state-owned renewables firm Masdar and German energy giant RWE to invest up to £11 billion ($14 billion) in a giant offshore windfarm. "I'm pleased to announce a new deal between Masdar and RWE, which includes a commitment to jointly invest up to £11 billion into the UK's new windfarm at Dogger Bank," said Sunak.
First trailer for "Grand Theft Auto VI" on December 5
Rockstar Games said it will release a trailer next Tuesday for the first installment in a decade of "Grand Theft Auto," video-gaming's controversial blockbuster. One of the most famous franchises in the world of video games, GTA has never been free of controversy, due to its sulfurous mix of violence, sex and gangster life.
Designer Matthew Williams leaves Givenchy
Fashion designer Matthew Williams is leaving Givenchy after three years as creative director, the French luxury brand announced Friday, in the latest shake-up at the top of the luxury business. Williams described his time as creative director as "the dream of a lifetime" in the statement.
EU wants to know how Meta tackles child sex abuse
The EU on Friday demanded Instagram-owner Meta provide more information about measures taken by the company to address child sexual abuse online.
Inflation, unemployment weigh on DR Congo leader's economic gains
President Felix Tshisekedi, who once vowed to transform DR Congo into "the Germany of Africa", has promised to create jobs if he is re-elected, after a first term marked by economic growth but soaring inflation. Jobs are a hot-button electoral issue -- Tshisekedi has promised to create 6.4 million by attracting investors, and the main opposition candidates are also promising jobs.
© AFP 2022
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