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19988 articles published since 08 Mar 2022

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Government groceries? NY's new leftist mayor eyes supermarket experiment
Government groceries? NY's new leftist mayor eyes supermarket experiment
Economy

New Yorkers struggling to afford food in the country's biggest city -- and often exorbitantly expensive financial capital -- may finally get a break if the incoming socialist mayor's daring new plan succeeds. Democratic Socialist Zohran Mamdani won a stunning victory, in part on his promise to open affordable city-run supermarkets.

Venezuela foreign airline ban slammed as 'disproportionate'
Venezuela foreign airline ban slammed as 'disproportionate'
Economy

Venezuela's decision to ban foreign airlines that stopped flying to the Caribbean country over concerns about US military activity was branded "disproportionate" on Thursday as thousands of passengers scrambled to save their travel plans. Portuguese Foreign Minister Paulo Rangel accused Venezuela on Thursday of a "disproportionate" reaction.

Europe secures record space budget to boost indepedence
Europe secures record space budget to boost indepedence
Economy

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes for the next three years, as the continent seeks greater independence in space. The programme, with an estimated 1.35-billion-euro budget, has both civilian and military applications and aims to strengthen European security.

Swiss MPs seek probe into lavish Trump gifts after tariff deal
Swiss MPs seek probe into lavish Trump gifts after tariff deal
Economy

Two Swiss lawmakers have asked the country's attorney general to probe the legality of gifts reportedly given to US President Donald Trump by Swiss business leaders days before the two nations cut a breakthrough tariff deal. When Washington and Bern struck a deal slashing tariffs on Swiss goods to 15 percent 10 days later, criticism of what has been dubbed "gold bar diplomacy" resurfaced.

EU could hit X with fine before 2025 ends
EU could hit X with fine before 2025 ends
Economy

The European Union could fine Elon Musk's X platform for breaking its digital rules by the end of 2025 -- two years into a probe that has tested the bloc's resolve to police the online space. The EU executive doesn't want the X probe to drag on for much longer and is expected to slap a fine before the end of the year.

Asian stocks track latest Wall St rally as rate bets rise
Asian stocks track latest Wall St rally as rate bets rise
Economy

Asian markets rose again Thursday to extend the week's global rally as traders ramp up bets on a third successive US interest rate cut next month. The global gains come after markets took a hit this month on concerns that a tech-led surge in recent years may have been overdone and the vast sums invested in the AI sector will take some time to see returns.

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