A South African teacher reacted to a predicted R8-per-litre petrol increase, citing unaffordable increasing costs while salaries remained stagnant.
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How the Israel-Iran war is hitting South Africans in the pocket
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Dry Ice International and the Role of Dry Ice in Modern Industries
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Nigeria unions suspend nationwide strike to allow more wage talks
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Asian markets bounce after tough week as US inflation looms
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China's Xiaomi to enter cut-throat EV market for the first time
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US, China agree to hold talks on 'balanced economic growth'
The United States and China have agreed to hold "intensive exchanges on balanced growth", the US Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.
Despite legalization, California battles illegal marijuana farms
"Sheriff's Department! Morsch and his colleagues from San Bernardino County Sheriff's Department carry out six to ten raids every week, dismantling some of the hundreds of greenhouses that dot the Mojave Desert, east of Los Angeles.
Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident
Boeing's CEO received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said Friday in a securities filing. Besides the lack of a 2023 bonus for Calhoun, Boeing also adjusted its 2024 long-term long incentive program to account for the Alaska Airlines incident.
Southwest Airlines delays departure of Boeing 737 due to engine fire
A Southwest Airlines flight from Texas to Los Angeles was forced to abort during takeoff on Thursday due to an engine fire on a Boeing 737 aircraft, the latest problem incident on a Boeing jet. Southwest Flight 1928 "safely discontinued its takeoff roll" after cabin crew received an indication of a "possible engine issue" in the 737-800 jet, the airline told AFP by email on Friday.
US hiring blows past expectations in March
US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.
Zimbabwe launches new gold-backed currency
Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. The government has previously resorted to various expedients to stabilise the economy, including issuing gold coins and launching a gold-backed digital currency but they have yielded little results. str-ub/kjm
World food prices rise for first time in 7 months: FAO
Global food prices rose in March, the first increase since July, pulled higher by cooking oil prices despite the cost of grains continuing to ease, the UN's Food and Agricultural Organization said Friday. Dairy prices rose by 2.9 percent in March on a monthly basis, while meat prices climbed 1.7 percent.
China's green-tech manufacturing powerhouse
China has extended its manufacturing domination to clean energy industries in recent years, alongside a global push for climate change action, but that is starting to worry the United States, Europe and others. Here is a look at China's power in these green tech sectors: - Solar dominance - China is the world's biggest emitter of the greenhouse gases driving climate change, such as carbon dioxide.
Yellen in China calls for 'level playing field' for US firms
US Treasury Chief Janet Yellen called on Friday for a "level playing field" between American and Chinese companies, telling officials during a visit to southern China that Beijing's industrial subsidies threatened that balance. But, she stressed, that required "a level playing field for American workers and firms", as well as "open and direct communication on areas where we disagree".
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