A Magaliesburg farmer faces R1.9 million losses due to the foot-and-mouth disease outbreak, impacting milk production as government vaccinations roll out.
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Dr. Kenneth Creamer discusses the Supreme Court’s ruling on South African exports
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Angry Polish farmers protest EU rules, Ukraine farm imports
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Cheap mini-EVs sparkle in China's smaller, poorer cities
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Canadian ex-fashion mogul convicted of sexual assault
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Turkey's central bank delivers smaller rate hike
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Natural disasters hit 1 in 5 US adults' finances in 2023: Fed
Almost 20 percent of adults in the United States were financially impacted by natural disasters last year, the Federal Reserve said Tuesday, marking a nearly 50-percent rise from 2022. This was up sharply from 13 percent in 2022, with some of the biggest changes seen in the West of the country, where the percentage of people noting a financial impact from natural disasters almost doubled.
Platinum loses shine amid BHP's vast Anglo bid
Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but demand has long been forecast to slump as more drivers switch to greener electric cars.
Progress in US inflation fight 'has likely resumed': Fed official
Progress in the US Federal Reserve's fight against inflation "likely resumed" last month, a senior bank official said Tuesday, adding that additional rate hikes were probably unnecessary.
IMF cautions on timing of UK rate cut
The International Monetary Fund on Tuesday said the Bank of England should be mindful over when to start cutting interest rates or risk harming an economy recently out of recession. "As monetary policy reaches an inflection point, the timing and pace of rate cuts must carefully balance the risks of premature and delayed easing," the IMF cautioned in its latest outlook document.
Trump vows to sue over explosive biopic
Donald Trump's team has vowed to sue over a biopic about his early years that includes rape, erectile dysfunction and ruthless betrayal, but the makers said on Tuesday the film allowed viewers to feel "sympathy" with the ex-president. With that comes sympathy.
Sanofi allies with OpenAI, Formation Bio for AI use in drug development
French pharmaceutical company Sanofi announced Tuesday a partnership with ChatGPT-founder OpenAI and US biotech firm Formation Bio to accelerate the use of artificial intelligence in developing drugs. By combining their resources, the three companies "can reimagine drug development in the pharma industry," said Benjamine Liu, chief executive of Formation Bio.
NGOs seek climate trial of French oil giant TotalEnergies
NGOs filed a criminal complaint against French oil giant TotalEnergies and its top shareholders in Paris on Tuesday, seeking a trial for involuntary manslaughter and other consequences of climate change "chaos". The complaint was filed at the Paris judicial court, which has environmental and health departments, three days before TotalEnergies holds its annual shareholders meeting.
Sick of tourists, Japan town blocks view of Mt Fuji
A Japanese town mounted a large mesh barrier at a popular viewing spot for Mount Fuji on Tuesday, in an attempt to deter photo-taking by an ever-growing number of tourists. Residents near other popular photo spots in the region, including the so-called Fuji Dream Bridge, have also reportedly complained about overtourism in recent weeks.
Asian markets slump as traders take profits, eye commodities' spike
Asian markets suffered a downturn Tuesday after racking up a series of gains as profit-takers stepped in, while traders were also spooked by a surge in commodity prices. After a mildly positive day in New York, where the Nasdaq hit a record high and the Dow ended down from Friday's record, Asian investors were cautious as they eyed rising commodity prices.
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