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BBC caught in crossfire of polarised political and media landscape
Accused of being biased by some, defended as a champion of impartiality by others, the BBC is once again the subject of a thorny debate about the role of a publicly funded broadcaster in an increasingly polarised landscape. BBC chairman Samir Shah this week defended the organisation's "sacred job" of upholding impartiality and the truth.
Purdue Pharma to be dissolved as US judge says to approve bankruptcy
OxyContin maker Purdue Pharma, blamed for helping to fuel a deadly opioid crisis, said Friday that a US bankruptcy judge will sign off on a deal to settle thousands of lawsuits against the company, which will cease to exist. "Soon, Purdue will cease to exist."
UN regulator says shipping still wants to decarbonize -- despite US threats
Threats, intimidation, harassment -- the tactics deployed by US negotiators to stall a global deal on shipping pollution last month sent chills through climate diplomats ahead of the COP30 summit.
Trump signs order to lower tariffs on beef, coffee, other goods
President Donald Trump signed an order Friday to lower US tariffs on agriculture imports such as beef, bananas, coffee and tomatoes, as his government comes under pressure from voters grappling with the escalating cost of living. Democrats swept all three of those races, with an intense focus on cost of living issues.
Return to bad days of hyperinflation looms in Venezuela
Venezuelans are grappling with political and economic chaos, a mass population exodus and fears of a US military attack. Maduro blames Venezuela's economic woes squarely on US sanctions.
US airspace recovers as budget shutdown ends
Transportation Secretary Sean Duffy said Thursday that US air travel is recovering after the disruptions caused by the more than month-long government funding shutdown. Flight traffic limits had been set in place as a consequence of the record-long US budget shutdown, which began on October 1 and ended on Wednesday.
At COP30, senator warns US 'deliberately losing' clean tech race with China
Senator Sheldon Whitehouse, one of only a handful of senior US political leaders attending this year's UN climate summit, told AFP Friday that President Donald Trump's America is "deliberately losing" the clean tech race to China.
Fossil fuel lobbyists out in force at Amazon climate talks: NGOs
Lobbyists tied to the fossil fuel industry have turned up in strength at the UN climate talks in the Brazilian Amazon, an NGO coalition said Friday, warning that their presence undermines the process. "Yet three decades and 30 COPs later, more than 1,500 fossil fuel lobbyists are roaming the climate talks as if they belong here," Bonbon said in a statement.
Stocks struggle on US rates, tech rally fears
Global stock markets struggled for momentum Friday as doubts built over whether the US Federal Reserve would cut interest rates next month and amid persistent fears of a tech bubble. Traders trimmed bets on a December rate cut after several Federal Reserve officials voiced concerns about cutting borrowing costs while inflation remained high.
AFP
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