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South American bloc looks to Asia, Europe in face of Trump trade war
South America's Mercosur bloc sought Thursday to expand its markets in the face of US President Donald Trump's global trade war, with Brazil calling for closer ties with dynamic Asian economies. Lula said that under his leadership, Mercosur would aim to "strengthen inter-bloc trade with external partners" and to implement a landmark trade agreement with the European Union.
Hidden gem: Angola opens up to tourists in a pivot from oil
When Feliesiano Muteca started surfing a decade ago, he had the waves at Cabo Ledo on Angola's long Atlantic coastline pretty much to himself. These include Cabo Ledo, where Muteca is a qualified surfing instructor with the sport's accredited body.
US trade deficit widens in May as Trump tariffs fuel uncertainty
The US trade deficit widened more than expected in May, with both imports and exports declining as US President Donald Trump's tariffs sent shock waves through the economy and snagged supply chains. US exports, meanwhile, dropped by 4.0 percent to $279.0 billion, with declines largely seen in industrial supplies and materials, the report showed.
Joy riders give Paris bike share system a flat
Paris's public bike sharing system, Velib, is losing more than 600 bicycles per week to joy riders, threatening to overwhelm the scheme and leaving users frustrated, its operator said Thursday. "At the moment, we're missing 3,000 bikes" out of the fleet of some 20,000 regular and electric bicycles, said Sylvain Raifaud, head of the Agemob company that currently operates the Velib system.
Modi pushes further India-Africa cooperation on Ghana visit
Indian Prime Minister Nerendra Modi on Thursday outlined plans for deeper ties between his country and Africa, as New Delhi increasingly vies for a stronger economic presence on the continent along with China and Russia.
US hiring beats expectations in June despite tariff worries
The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed Thursday, offering signs of continued labor market strength despite worries over President Donald Trump's tariffs. In June, the state government and health care sectors added jobs while the federal government continued shedding roles, the Labor Department said Thursday.
Ten years after Brazil mine disaster, pollution persists
A decade after a dam collapsed in Brazil, sending a deluge of toxic mud into villages and waterways, residents complain of an inadequate cleanup and compensation by international mining firms. BHP maintains that the compensation agreement it reached last year in Brazil -- worth around $31 billion -- provides a resolution.
US House close to final vote on Trump tax bill
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for Thursday morning after bruising Republican infighting nearly derailed the centerpiece of the president's domestic agenda. Johnson has to negotiate tight margins, and can likely only lose three lawmakers in the final vote, among more than two dozen who had declared themselves open to rejecting Trump's bill.
France fines Shein 40 mn euros over 'deceptive' sales practices
France announced Thursday a record 40 million-euro fine against e-commerce giant Shein over "deceptive commercial practices" after a competition inquiry, saying it misled customers on price deals and on its environmental impact.
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