AFP
13875 articles published since 08 Mar 2022
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US loan delinquencies creep up amid high debt loads: report
US households have continued to take on more debt, in part to deal with soaring prices, a report showed Tuesday, while cases of borrowers unable to pay loans are creeping up in a troubling sign of things to come.
US, EU envoys urge Ethiopia to restore key services in Tigray
The US and EU envoys for the Horn of Africa on Tuesday urged Ethiopia's government to resume essential services in Tigray after a rare visit to the war-torn region facing dire conditions. "A swift restoration of electricity, telecom, banking, and other basic services in Tigray is essential for the people of Tigray," the two envoys said in a joint statement.
Webb telescope captures colourful Cartwheel Galaxy
The James Webb Space Telescope has peered through time and huge amounts of dust to capture a new image of the Cartwheel Galaxy, revealing the spinning ring of colour in unprecedented clarity, NASA and the European Space Agency said Tuesday. But the Webb telescope, which launched in December 2021 and revealed its first images to global fanfare last month, has a far greater reach.
F1 star Hamilton takes ownership stake in NFL Broncos
Seven-time Formula One world champion Lewis Hamilton has joined the ownership group of the NFL's Denver Broncos, the team announced Tuesday. "We're delighted to welcome seven-time Formula One world champion Sir Lewis Hamilton to our ownership group," Walton said in a statement.
Pelosi defies China threats and lands in Taiwan
United States House Speaker Nancy Pelosi landed in Taiwan on Tuesday evening, defying a string of increasingly stark warnings and threats from China that have sent tensions between the world's two superpowers soaring. The last House Speaker to visit Taiwan was Newt Gingrich in 1997.
Firefighters race to protect California town threatened by wildfire
Rain and cooler conditions brought some relief on Tuesday to hundreds of firefighters battling a wildfire in northern California that has killed two people and threatens the 8,000-strong town of Yreka. Firefighters found two people dead on Sunday inside a burned-out car in the driveway of a home in the town of Klamath River.
New Liga sponsors EA Sports to 'revolutionise' Spanish football
US video games giant Electronic Arts will replace Spanish bank Santander as the title sponsor of La Liga from summer 2023, the league announced on Tuesday.
Caterpillar profits rise but says supply chain still messy
Strong industrial demand in most leading markets lifted Caterpillar's results in the latest quarter, but the US heavy equipment maker said Tuesday it faced persistent supply chain problems. "It takes a while for those kind of changes to work their way through the supply chain."
Somalia appoints former Al-Shabaab leader as religion minister
Somalia has appointed the former deputy leader and spokesman for the Al-Shabaab Islamist group as religion minister, Prime Minister Hamza Abdi Barre said Tuesday. Tuesday's appointments include a deputy prime minister, 25 ministers, 24 state ministers and deputy ministers in a 75-member team, with parliament due to vote on the nominees.
AFP
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