Scarborough, a once quiet conservation village in the Western Cape, has become a talking point online as foreign investors are apparently taking advantage.
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UAE defends Israel ties as Gaza war concerns grow
A top Emirati diplomat on Monday defended her country's decision to maintain ties with Israel despite its mounting concern over the war in Gaza. Despite maintaining its ties with Israel since the Israel-Hamas war began in October, the UAE has been at pains to express solidarity with Palestinians as anger mounted in the Arab world over the conflict.
IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy
The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy. Also speaking at the summit, World Bank President Ajay Banga said that "what's going on Gaza, but also the challenges of Ukraine... and the Red Sea" are among the top challenges to the global economic outlook.
Court orders Netherlands to stop F-35 parts delivery to Israel
The Netherlands must stop delivering parts for F-35 fighter jets used by Israel in the Gaza Strip, after a Dutch court Monday upheld an appeal by human rights organisations. Government lawyers also argued that if the Dutch did not supply the parts from the warehouse based in the Netherlands, Israel could easily procure them elsewhere.
Chile on green hydrogen investment hunt in Europe
Chile is embarking on a European hunt for investors in solar, wind and green hydrogen technologies as it looks to decarbonise copper mines and other industries reliant on fossil fuels. To reduce copper's carbon footprint, the country can count on solar power near copper mining areas in the north and wind in the south, Kulka said.
Gas booming for UN COP29 host Azerbaijan
Following the UN's COP28 climate talks in oil-fuelled Dubai, the COP29 conference is headed for the historic cradle of oil, Azerbaijan, which is in the midst of a gas boom.
Asian markets mixed ahead of US inflation data
Markets were mixed in Asia on Monday in holiday-thinned trade as investors look ahead to the release of crucial US inflation data due this week. Comments from Fed officials in recent weeks have pushed back against market bets on a series of cuts this year starting in March, with commentators now tipping a first move in May.
EU reaches agreement on spending rules
The European Parliament and member states reached an agreement early Saturday on reforms to EU budgetary rules aimed at boosting investment while keeping spending under control. The negotiators finally reached an agreement early Saturday, in time for the text to be voted on in Strasbourg this spring before the parliamentary break ahead of European elections.
Celeb-packed Super Bowl ads hope to outshine Taylor
The Super Bowl is here and that means millions of Americans will sit down on Sunday to partake in a national passion: watching commercials on TV. The final of the NFL season -- pitting the Kansas City Chiefs against the San Francisco 49ers -- is the US advertising industry's biggest event of the year.
Meloni restores tax breaks after farmer protests reach Colosseum
Prime Minister Giorgia Meloni met with Italian farmers associations Friday after weeks of demonstrations across the country and promised to reinstate a limited tax break. The Italian farmers are not a homogenous group.
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