Economy
Meta 'supreme court' takes on cases of deepfake porn
Meta's oversight board said Tuesday it is scrutinizing the social media titan's deepfake porn policies, through the lens of two cases. The board can make recommendations regarding the social media giant's deepfake porn policies but it is up to the tech firm to actually make any changes.
'Go home': Overtourism sparks backlash in Spain
Anti-tourism movements are multiplying in Spain, the world's second most visited country, prompting authorities to try and reconcile the interests of locals and the lucrative sector. - 'Go home' - Similar anti-tourism movements have sprung up elsewhere in Spain and are active on social media.
UK parliament to debate law phasing out smoking
The UK parliament will on Tuesday kick off its first debate on Prime Minister Rishi Sunak's planned legislation to prevent young people from ever smoking, despite opposition from many in his own Conservative Party. "This has the potential to phase out smoking in young people almost completely as early as 2040," the government said when it unveiled the plan, calling the move "historic".
Stellantis boss Tavares defends pay rise ahead of shareholders' vote
Stellantis chief executive Carlos Tavares has defended his 36.5 million euro ($38.75 million) pay package ahead of a vote Tuesday by the car giant's shareholders.
'Bad for business': Gulf states scramble to avert wider war
Gulf states are grappling with the widening Middle East conflict as hostilities between Iran and Israel threaten their security and ambitious plans to reshape their economies. The Gulf countries share an "overall realisation that conflict is bad for business and avoiding conflict comes now almost at any cost", said King's College London Middle East analyst Andreas Krieg.
Equities sink, oil rallies on fears of Iran-Israel conflict
Asian stocks fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented attack on his country at the weekend. Oil prices rose in Asian trade, having slipped Monday on hopes for a de-escalation following US calls for Israeli Prime Minister Benjamin Netanyahu to "take the win" and forgo a counterattack.
Even as Olympic costs climb, France says they are quite cheap
The final bill for the Paris Olympics is still unknown but, depending on the point of view, are likely to be expensive compared to original estimates or cheap, when set against other recent Games. Oudea-Castera also argued that compared to the other Summer Olympics this millennium, even a final total bill close to 10 billion euros would be cheap.
China posts forecast-beating growth in first quarter
China's economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer activity. It reflects "the fundamental policy shift from a focus on (the) consumer market and service sector to... industrial growth", she added.
Pakistan and IMF discussing new multi-billion-dollar program, finance minister says
Pakistan has initiated discussions with the IMF over a new multi-billion dollar loan agreement to support its economic reform program, its new finance minister told AFP on Monday.
Economy
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