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Resilient Russian economy surfs sanctions on oil boom
Resilient Russian economy surfs sanctions on oil boom
World
by  AFP

Russia's economy may face multiple long-term challenges, but for now energy exports appear to be helping it ride out Western sanctions imposed over the offensive against Ukraine. However the Russian economy finds itself ever more dependent on energy exports and slipping further behind on many high value sectors.

Idled plants fuel German angst about de-industrialisation
Idled plants fuel German angst about de-industrialisation
World
by  AFP

The familiar plume of smoke no longer billows from one of the two chimneys at ArcelorMittal's massive steelworks in Hamburg's harbour. - America beckons - Outside ArcelorMittal's Hamburg plant, a mound of iron ore pellets is piled high, awaiting the steelworks' full resumption.

Japan space rocket ordered to self-destruct after failed launch
Japan space rocket ordered to self-destruct after failed launch
World
by  AFP

Japan's space agency said it sent a self-destruct order to its Epsilon rocket after a failed launch on Wednesday because of a problem that meant the craft could not safely fly. Public broadcaster NHK and other media outlets said it was Japan's first failed rocket launch since 2003.

Stocks dive, dollar rallies as dazed traders gird for inflation data
Stocks dive, dollar rallies as dazed traders gird for inflation data
Business and Economy
by  AFP

Asian stocks sank again Wednesday while the dollar held gains against the yen and sterling as the volatility that has characterised markets for most of the year showed no sign of letting up. The desire to find a safe place to invest also pushed the greenback to a new 24-year high against the yen, breaking the level touched last week when Tokyo stepped into the market to support the Japanese unit.

English winemakers toast summer heatwaves
English winemakers toast summer heatwaves
World
by  AFP

Under a blue sky, seasonal workers ran their secateurs along long rows of grapevines, harvesting a variety of pinot noir grown during the summer heatwave. During the harvest period, the estate is a beehive of 200 workers, more than half of them seasonal.

'What have they done?' Flip side of Turkey's dental boom
'What have they done?' Flip side of Turkey's dental boom
World
by  AFP

Briton Rida Azeem knew her dental trip to Turkey had gone badly wrong the second she took off her mask. Just to repair the damage, Rida Azeem and Alana Boone have been quoted treatment costing $30,000, three to four times what they paid to have their work done in Turkey.

Mourners mark 20th anniversary of Indonesia's Bali bombings
Mourners mark 20th anniversary of Indonesia's Bali bombings
World
by  AFP

Hundreds of mourners and survivors commemorated Wednesday the 20th anniversary of the bombings that killed more than 200 people on the Indonesian resort island of Bali, as Jakarta considers the early release of one of the attack's masterminds. But the Indonesian government is considering an early release for Bali bombmaker Umar Patek.

Ballet stars who fled Russia's Ukraine war reunite in US
Ballet stars who fled Russia's Ukraine war reunite in US
World
by  AFP

Joy Womack built herself a fairytale life in Russia's notoriously tough world of classical dance after becoming the first American to graduate from the Bolshoi Ballet Academy. The film, starring Diane Kruger, tells the story of Womack's life: from arrival in Moscow at the age of 15, not speaking a word of Russian, to a lead role in the Kremlin Ballet.