A study conducted by the Socio-Economic Rights Institute (SERI) discovered that a portion of the South Africn population struggle to have enough food for a month.
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US new home sales miss expectations in April
Sales of new US homes were weaker than analysts expected in April, government data showed Thursday, with slower mortgage demand appearing to bog down the number of transactions. While sales data can be volatile and revised later, the April selling pace was lower than the first quarter average of 653,000, noted Rubeela Farooqi, chief US economist at High Frequency Economics.
EU hits Oreo maker Mondelez with 337.5 mn euro antitrust fine
The EU on Thursday slapped a 337.5 million euro ($366 million) fine on Mondelez, the US confectioner behind major brands including Toblerone and Oreo, for forcing consumers to pay more by restricting cross-border sales.
WiFi, drones and sharp blades on Japan's whaling mothership
In whale-motif jacket, shirt and tie plus a whale-shaped hat, Hideki Tokoro shows off Japan's new whaling "mothership", the Kangei Maru -- slicing blades, butchery deck, freezers and all. Japan also wants to resume hunting fin whales, the world's second-biggest animal after the blue whale.
Finland's wizards making food out of thin air
At a factory in Finland, the "farmers of the future" are making a new food protein by feeding a microbe air and electricity, proving that protein can be produced without traditional agriculture. But at Solar Foods' recently opened factory outside Helsinki, scientists are using new technology to grow protein out of cells using air and electricity.
What are the costs behind Trump's economic proposals?
Republican former president Donald Trump once dubbed himself a "Tariff Man" seeking to boost government coffers. He has vowed to reverse President Joe Biden's electric vehicle subsidies as well, among other moves.
Russian assets plan for aiding Ukraine to dominate G7 meet
G7 finance ministers gather in Italy on Thursday for a three-day meeting dominated by plans to use Russian assets to help Ukraine, as well as new sanctions on Moscow and the commercial threat posed by China.
Asian shares mixed after Fed minutes, while Nvidia provides support
Asian markets diverged Thursday after minutes from the Federal Reserve's most recent policy meeting indicated officials would keep interest rates elevated for some time as they struggle to bring inflation down to target.
Flower or power? Campaigners fear lithium mine could kill rare plant
Delicate pink buds sway in the desert breeze, pregnant with yellow pompoms whose explosion will carpet the dusty corner of Nevada that is the only place on Earth where they exist. There are only around 20,000 known specimens, growing in a few very specific places on a total surface area equivalent to around five soccer fields.
Argentine economic activity plunges amid austerity drive
Argentina's economic activity continued to plummet in March, with the construction and manufacturing industries leading the slowdown as President Javier Milei's government slashes spending, official figures showed Wednesday.
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