AFP
20238 articles published since 08 Mar 2022
20238 articles published since 08 Mar 2022
Lawmakers probing the 2021 attack on the US Capitol subpoenaed former president Donald Trump Friday to testify on his involvement in the violence, in a major escalation of their sprawling inquiry. But the move marks an aggressive escalation of the probe, which has issued more than 100 subpoenas and interviewed more than 1,000 people since its launch in 2021.
The US budget deficit fell by half in the past year to $1.4 trillion on the back of a pandemic recovery and as relief spending eased, the government said Friday. The drop in the budget deficit marks the "largest one-year decrease," said the Treasury Department and White House budget office on Friday.
Giancarlo Giorgetti, named Italy's new economy minister on Friday, is considered one of the more moderate, pro-Europe members of Matteo Salvini's League party.
As a teen activist she praised Mussolini, but Giorgia Meloni has transformed herself and her post-fascist Brothers of Italy party from radicals on the political fringe to a national force now set to lead the government.
The UN Security Council on Friday agreed unanimously on a sanctions regime targeting the gangs terrorizing the population in Haiti -- including an asset freeze on a powerful gang leader.
The Kakhovka hydroelectric dam in southern Ukraine was captured in the beginning of the invasion because of its strategic importance: it supplies the Moscow-annexed Crimean peninsula with water. Built in Soviet times in the 1950s, the Kakhovka dam pumps water into the North Crimean canal, which starts in southern Ukraine and crosses the entire Crimean peninsula.
Indian conglomerate Reliance Industries reported mixed quarterly results on Friday, with weakness in its core oil-refining business hurting profits even as its retail and telecom arms posted strong earnings. Reliance's multi-billion-dollar fortune has been powered by oil and petrochemicals businesses, but the company has diversified into new areas including telecom and retail in recent years.
Twitter shares fell about five percent early Friday as the proposed takeover by Elon Musk faced new questions and weak Snap results weighed on social media shares. A third factor weighing on Twitter shares Friday was a dismal earnings report from Snapchat parent Snap, which reported a quarterly loss of $360 million on weakening online advertising revenue.
Foreign participants at a high-profile financial summit in Hong Kong next month would be able to skip isolation and leave via "appropriate flight arrangements" if they catch Covid, a top health official said Friday. "But at the same time we will also provide facilitation should there be appropriate flight arrangements for leaving Hong Kong."
AFP
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