AFP
13875 articles published since 08 Mar 2022
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Russians divided over Gorbachev legacy
For some he brought winds of change that could have paved the way for a better Russia, for others economic hardship and bitterness. Some believe that without the collapse of the Soviet Union they would not have had to live through these economic hardships.
Crisis-hit Sri Lanka's inflation hits another record
Crisis-hit Sri Lanka's inflation hit an eleventh consecutive monthly record in August, official data showed on Wednesday, rising to 64.3 percent as the International Monetary Fund extended bailout talks by one more day. The CCPI figures were released hours after the IMF said it had extended by a day official-level talks with the Sri Lankan government on a possible bailout.
G20 climate talks in Indonesia end without joint communique
Group of 20 climate talks in Bali ended without a joint communique Wednesday despite host Indonesia warning the world's leading economies they must act together to combat a warming planet or risk plunging into "uncharted territory".
Canada economy accelerates, posts 3.3% growth in Q2
Canada's economy accelerated in the second quarter of 2022, benefitting from higher commodity prices after emerging from pandemic lockdowns to post annualized growth of 3.3 percent, the government statistical agency said Wednesday. Quarter to quarter, the economy grew 0.8 percent.
US senator Bernie Sanders backs UK strikers
The independent US senator Bernie Sanders on Wednesday gave his backing to striking British railway workers, adding an international dimension to the growing push for higher wages in the UK. The influential progressive lawmaker was slated to join members of the RMT union at a rally for transport workers in London on Wednesday night.
UK regulator bans Unilever's 'misleading' green ad
Britain on Wednesday banned an advertisement from consumer goods group Unilever over "misleading" environmental claims for its laundry detergent brand Persil. The Advertising Standards Authority (ASA) said the television advert, which claimed Persil was "kinder to our planet", had failed to demonstrate environmental benefits.
India GDP surges 13.5% on pandemic rebound, despite headwinds
A post-pandemic rebound saw India's economy grow 13.5 percent in the June quarter, official figures showed Wednesday, but inflation and other headwinds signal a looming slowdown in Asia's third-largest economy. But Wednesday's result is lower than the 16.2 percent forecast by India's central bank, and other economists expect headwinds to buffet the economy and dampen growth into the next year.
Insurance payments on defaulted Russia debt to move forward
Russia's default on its international debt was fully acknowledged Wednesday by a little-known panel of financial firms when they set a date for the procedure to compensate insured investors.
US life expectancy drops for 2nd straight year, due to Covid
Life expectancy for Americans dropped in 2021 for the second straight year -- the biggest two-year decline in a century -- notably due to the Covid-19 pandemic, US health officials announced Wednesday. "The declines in life expectancy since 2019 are largely driven by the pandemic," said the CDC's National Center for Health Statistics.
AFP
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