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UK avoids recession in boost for under-fire Truss
UK avoids recession in boost for under-fire Truss
Business and Economy
by  AFP

Britain is not yet in recession, revised data showed Friday in a boost for under-fire Prime Minister Liz Truss, but its economy may still face a downturn on soaring interest rates. But the country's economy remains fragile, with Friday's data also revised to show that it was still below pre-Covid levels.

Life returns to Mozambique port city after bloody jihadist rule
Life returns to Mozambique port city after bloody jihadist rule
Africa
by  AFP

A year after jihadist militants were driven out of Mocimboa da Praia, the port city in northern Mozambique is slowly coming back to life. In 2020, the group known locally as al-Shabab -- though with no links to the Somali militants of a similar name -- seized Mocimboa da Praia, and made it its main base.

Eurozone inflation jumps to record 10%
Eurozone inflation jumps to record 10%
Business and Economy
by  AFP

Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday, as inflation reached double digits on the back of soaring energy prices caused by Russia's war on Ukraine. Eurostat data also published on Friday showed the eurozone unemployment rate remaining at a record low of 6.6 percent in July.

Defence says Rwanda accused was businessman not warlord
Defence says Rwanda accused was businessman not warlord
Africa
by  AFP

Top Rwandan genocide suspect Felicien Kabuga was not a warlord but merely a businessman caught up in the 1994 ethnic slaughter, his defence lawyers told a Hague tribunal on Friday. "In the context of the war, Felicien Kabuga's conduct is seen in an entirely different light -- he was no longer a warlord but a businessman caught up in the prevailing chaos," added Altit.