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Nearly two years into war, is Russia's economy out of the woods?
Nearly two years into war, is Russia's economy out of the woods?
Economy
by  AFP

As he prepares to run for re-election in 2024, is President Vladimir Putin right to claim the worst is over for the Russian economy? "We have overcome all problems that arose after the sanctions were imposed on us and we have started the next stage of development," Putin announced in October.

EU strikes deal on landmark AI law
EU strikes deal on landmark AI law
Technology
by  AFP

EU member states and lawmakers clinched a deal on Friday on how to draft "historic" rules regulating artificial intelligence models such as ChatGPT -- after 36 hours of negotiations.

Led by Taylor Swift's $1 bn tour, 2023 concerts set new record
Led by Taylor Swift's $1 bn tour, 2023 concerts set new record
Economy
by  AFP

Led by Beyonce and Taylor Swift, whose "Eras Tour" was the first to bring in more than $1 billion, ticket revenues from the top 100 concert tours of 2023 jumped to a record $9.17 billion, industry magazine Pollstar said Friday. Swift's tour broke new ground, becoming the first in history to surpass the symbolic $1 billion mark in ticket sales in 60 dates from March to November 2023.

Oil at the root of Guyana-Venezuela border row
Oil at the root of Guyana-Venezuela border row
Economy
by  AFP

The discovery of vast oil deposits is blamed for reigniting a decades-old territorial dispute between Venezuela and Guyana that fast worsened as Guyana started granting licenses to multinationals to exploit crude in waters claimed by both countries. - Can Venezuela issue oil licenses?

Stellantis warns thousands in US of potential job cuts
Stellantis warns thousands in US of potential job cuts
Economy
by  AFP

Stellantis has notified thousands of workers in the US states of Ohio and Michigan of potential layoffs, attributing the move partly to California rules that limit where vehicles can be sold. The European automaker on Thursday notified 2,455 workers in Detroit and 1,225 in Ohio of potential job loss under the federal Warn Act, which requires early notification of major layoffs.