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South African GDP rebounds to scale new peak
South African GDP rebounds to scale new peak
Business and Economy
by  AFP

South Africa's economy rebounded beyond pre-Covid levels in the third quarter of 2022 to reach its highest-ever peak, official data showed Tuesday. "The size of the economy now exceeds pre-pandemic levels," the official statistics agency said in a statement.

Biden celebrates giant semiconductor project
Biden celebrates giant semiconductor project
Business and Economy
by  AFP

President Joe Biden flies Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.