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Record remittances provide lifeline in Central America
Record remittances provide lifeline in Central America
by  AFP

Money sent home by migrants in the United States to Central America has risen to record levels, providing a lifeline for many of their relatives like Salvadoran mother of three Marta Alvarado. Gustavo Juarez, who heads an association of Guatemalans deported from the United States, agrees.

US officials probing Boeing whistleblower claims on 787, 777
US officials probing Boeing whistleblower claims on 787, 777
by  AFP

Federal aviation authorities are investigating claims by a Boeing engineer that the 787 Dreamliner suffers from assembly defects that threaten safety, US officials said Tuesday. The Federal Aviation Administration confirmed the investigation after the claims were outlined in a New York Times article describing charges from Salehpour, who has been at Boeing more than 10 years.

Venezuela arrests ex-oil minister El Aissami in graft probe
Venezuela arrests ex-oil minister El Aissami in graft probe
by  AFP

Venezuelan authorities announced the arrest Tuesday of influential ex-oil minister Tareck El Aissami, who had resigned from his post last year amid a corruption scandal at state oil company PDVSA. "We have managed to reveal the direct participation and consequent arrest" of El Aissami, Attorney General Tarek William Saab said, adding that charges would be announced "in the next few hours."

Zimbabwe's new currency suffers chaotic start
Zimbabwe's new currency suffers chaotic start
by  AFP

Zimbabwe's new gold-backed currency got off to a chaotic start with shops accepting only US dollars on Tuesday and vexed Zimbabweans queuing up outside banks for hours to access their savings.

Asian markets mixed as 'critical' US inflation data looms
Asian markets mixed as 'critical' US inflation data looms
by  AFP

Asian stocks were mixed Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.

Tesla settles wrongful death lawsuit from fatal crash
Tesla settles wrongful death lawsuit from fatal crash
by  AFP

Tesla has settled with the family of an engineer killed when his Model X crashed in Silicon Valley six years ago, avoiding a trial, according to court filings Monday. Court documents filed Monday said Tesla and the family of Wei Lun Huang had reached a settlement, and that Tesla is asking the amount involved remain under seal.

Climate pledges of big firms 'critically insufficient': report
Climate pledges of big firms 'critically insufficient': report
by  AFP

From carmakers to fast fashion, dozens of major international companies are failing to reduce their greenhouse gas emissions at the pace required to slow climate change, a report said Tuesday. Distinguishing real cuts to planet-heating greenhouse gas emissions from "unsubstantiated greenwashing" was a major challenge, particularly for consumers, they said.