AFP
13876 articles published since 08 Mar 2022
13876 articles published since 08 Mar 2022
As the war in Ukraine pushes up wheat prices and a weaker peso raises the cost of imported edible oil, many Philippine bakers are shrinking the size of a popular breakfast roll to cope with higher inflation. Inflation in the Philippines hit 6.1 percent in June, the highest level in nearly four years, as steep fuel price hikes pushed up food and transport costs.
China's troubled property sector suffered another blow this month when frustrated homebuyers stopped making mortgage payments on units in unfinished projects. People who had bought units in still-unfinished projects announced they would stop making payments until construction resumed.
Egyptian smallholders grow nearly half of the country's crops, a lifeline role increasingly important after grain imports were stalled by war in Ukraine -- but they are struggling to survive. Ordinary Egyptians eat bread at almost every meal, and Egypt’s wheat farmers ramped up production to 40 percent of the country's needs.
In the aftermath of the hottest day in Ireland for more than 130 years this week, small family groups picked their way across the Bog of Allen in the country's midlands collecting sun-dried turf. For Patsy Power, a turf cutter whose family has rights to cut and remove turf on the Bog of Allen, the changes will make virtually no difference to the way he operates.
Seventeen-year-old Istabraq Baraka fell pregnant soon after her wedding in the Gaza Strip. "The law is not on women's side all the time in the Gaza Strip," said Aziza Elkahlout, a spokeswoman for the social development ministry which runs one of the refuges.
Pope Francis heads to Canada on Sunday for a chance to personally apologise to Indigenous survivors of abuse committed over a span of decades at residential schools run by the Catholic Church.
US central bankers face an increasingly difficult balancing act as they struggle to douse scorching inflation while still keeping the economy growing, though they have made it clear they are willing to risk a recession.
French President Emmanuel Macron on Saturday told his Iranian counterpart Ebrahim Raisi that reviving the landmark 2015 deal on Tehran's nuclear capabilities was "still possible" but must happen "as soon as possible".
Police in Madagascar detained two leading members of the main opposition party on Saturday during a protest in the capital against rising living costs and economic hardship. "We came to demonstrate against the high cost of living."
AFP
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