AFP
20195 articles published since 08 Mar 2022
20195 articles published since 08 Mar 2022
Out of gas and stuck in line for days, a group of motorists kick off their shoes and settle on a sidewalk in Sri Lanka's capital for a round of cards. Chronic fuel shortages have been a source of frustration for months but are now worse than ever, with some people waiting in line for days without any guarantee of a refill.
Stocks were mixed in Asia on Friday as soaring inflation and a series of interest rate hikes around the world continued to fan recession fears, while a big miss on Chinese growth added to anxiety about the world's biggest economies.
As US President Joe Biden visits the Middle East this week, one issue on the table will be the status of two small Red Sea islands that are uninhabited but of key strategic value. The issue is set to be on the agenda Friday when Biden, after his Israel visit, meets Gulf leaders in Jeddah for a conference where Egypt's President Abdel Fattah al-Sisi is also expected.
Posted far from home for his job at Japanese conglomerate Hitachi, father of two Tsutomu Kojima was "really lonely" until he began working remotely during the pandemic for the first time. The couple now mostly do their jobs in communication and marketing remotely from Fujisawa, southwest of the capital, having struggled to both work from home in Tokyo.
China's economy grew just 0.4 percent in the second quarter, a two-year low, official data showed Friday, with Covid lockdowns and an embattled property market nudging a government target further out of reach.
The US Secret Service, the law enforcement agency that protects the president, deleted agents' text messages sent during the January 6 Capitol riot, a government watchdog said in a letter published Thursday.
Airlines are recovering from huge Covid fallout but face fresh turbulence from rocketing inflation while airports battle to cope with booming demand. - Consolidation - There is rapid consolidation as the sector faces headwinds from historically-high fuel prices and big salary increases in the face of decades-high inflation.
Aviation's biggest players descend on the renowned Farnborough airshow next week, buoyed by the travel sector's nascent recovery from the Covid pandemic and as Russia's invasion of Ukraine boosts defence spending. - Ukraine brings defence focus - Russia's assault on Ukraine has thrown the spotlight on defence aerospace, as governments worldwide seek to bolster capability of their armed forces.
A German court on Friday is to hand down its verdict in the bizarre case of a soldier accused of plotting a far-right attack on senior politicians while successfully posing as a Syrian refugee. But they backed away for lack of evidence from an accusation that he plotted to use his false refugee identity to pin the crime on a Syrian.
AFP
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