
Statistics South Africa released its latest Quarterly Labour Force Survey, which revealed that more women than men are unemployed. South Africans weighed in.
Statistics South Africa released its latest Quarterly Labour Force Survey, which revealed that more women than men are unemployed. South Africans weighed in.
The EU announced "formal infringement proceedings" against Elon Musk's X platform on Monday, under a law cracking down on illegal online content, after identifying disinformation related to Hamas's October 7 attack in Israel. Those investigations also looked at how the platforms handled disinformation and illegal content related to the Hamas attack.
Eight people have been killed after a powerful explosion at the main fuel depot in Guinea followed by a fire that rocked the centre of the capital Conakry early on Monday. The incident happened at around midnight (0000 GMT) at the state oil company's main depot in the Kaloum district of Conakry, near the port.
Kenya and the European Union on Monday signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa. The Economic Partnership Agreement will give Kenya duty-free and quota-free access to the EU, its biggest export market, while European goods will receive progressive tariff reductions.
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said. Eighty-five others, including a former official at the State Bank of Vietnam who is accused of accepting $5.2 million in bribes, will also face trial at the court in Ho Chi Minh City.
Asian markets fell Monday as traders took a step back following last week's rally, with Federal Reserve officials looking to temper expectations the US central bank will cut interest rates several times next year. A number of Fed officials lined up last week to douse expectations they will slash rates next year.
The American company Blue Origin plans to launch its rocket Big Shepard Monday for the first time since an accident more than a year ago, as the firm founded by billionaire Jeff Bezos heads back into space. Blue Origin is competing in the space tourism market with Virgin Galactic, founded by British billionaire Richard Branson.
With few tourists watching the daring feat, Abraham Estrada dives off La Quebrada, an emblematic Acapulco cliff where the spectacle has resumed but struggles to attract visitors after the Mexican resort was hammered by Hurricane Otis.
The US Federal Reserve's decision to hold its key lending rate on Wednesday and pencil in three interest rate cuts next year has fueled optimism that its inflation battle is won. On Wednesday, the Fed voted to hold interest rates steady for a third straight meeting, and predicted 0.75 percent points of interest rate cuts in the year ahead.
Two more major shipping firms, Mediterranean Shipping Company and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.
Economy
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