AFP
13876 articles published since 08 Mar 2022
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Huthi attacks idle Suez Canal, deepen Egypt's economic woes
Attacks by Yemen's Huthi rebels in the Red Sea have caused shipping companies to avoid the Suez Canal -- a key source of revenue for Egypt as it battles a deep economic crisis. Suez Canal revenues are especially vital for Egypt amid the economic crisis during which the local currency has lost half its value since March 2022 while inflation tops 35 percent.
Japan tech firm Fujitsu in firing line over UK Post Office scandal
A Japanese technology giant is in the crosshairs of British lawmakers for building the faulty accounting software that led to what has been called the country's biggest ever miscarriage of justice.
UK, US forces repel 'largest attack' yet by Huthis in Red Sea
US and UK forces have shot down more than 20 drones and missiles over the Red Sea launched by Yemen's Huthis, in what London branded Wednesday the "largest attack" yet by the Iran-backed rebels.
French post office opens changing rooms for online shoppers
France's post office is experimenting with opening changing rooms in some branches to cater to online shoppers who want to quickly return purchases that don't fit. France's La Poste said the idea came about after seeing many customers pick up their packages only to return shortly thereafter as their purchases didn't fit.
High tech glove stymies Parkinson's disease tremors
Roberta Wilson-Garrett looked at the glove keeping her right hand steady and smiled. "It's a life changer for me," said Wilson-Garrett, describing how GyroGlove stopped tremors that make seemingly simple tasks like getting dressed a challenge.
German transport hobbled by train strikes, farmer blockades
Nationwide strikes brought German transport to a near standstill Wednesday, with railway workers on a three-day stoppage and farmers on tractors blocking autobahns in a bitter protest over subsidy cuts.
Botswana, De Beers approve $1 bn deal in world's top diamond mine
Botswana and global diamond giant De Beers have approved a $1 billion investment to dig under the world's richest diamond mine by volume, their joint venture said on Wednesday. The mine accounts for about 70 percent of profits for Debswana -- a 50-50 joint venture between the government and De Beers, which auctions most of the gemstones.
Stock markets diverge awaiting inflation data, earnings
European and Asian stock markets diverged on Wednesday, the eve of key US inflation data and the latest earnings season. Analysts said US consumer price index data on Thursday will be crucial to how markets perform in the near term.
Global unemployment set to worsen in 2024: UN
The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening inequalities and inflation biting into disposable income. Widening inequalities and stagnant productivity are causes for concern, the ILO said in its World Employment and Social Outlook Trends report for 2024.
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