AFP
20195 articles published since 08 Mar 2022
20195 articles published since 08 Mar 2022
The African Union Commission chief has voiced shock at the "violent and degrading" treatment of African migrants trying to cross from Morocco into Spain after 23 people died, and called for an investigation into the incident.
Lower sales in North America and China dented Nike's quarterly results as the sports giant on Monday projected modest revenue growth amid the strong dollar, rising inflation and other headwinds. Friend also said the forecast reflects a drag from the strong dollar in overseas markets, as well as the continued hit from lofty freight costs and supply chain investments.
Taiwan's GlobalWafers on Monday unveiled plans to establish a massive plant in northern Texas to produce a component vital to making semiconductors with an investment of up to $5 billion. "We are at a make-or-break moment to expand domestic semiconductor production," she said.
The United States said Monday it would step up cooperation with Vietnam and Taiwan among others to combat illegal fishing, a problem that environmentalists and Western nations increasingly attribute to China.
Russia acknowledged Monday that two interest payments on its debt didn't make it to creditors, an event which could be considered a default, even if Moscow disputes such an interpretation. The Committee has already acknowledged earlier this month that Russia did not make $1.9 million in penalty interest payments concerning a different payment due.
The five emerging powers -- Argentina, India, Indonesia, Senegal and South Africa -- have become the object of the G7 industrialised powers' charm offensive, as the club of rich nations seeks to build a broader support base in their backing for Kyiv. India, Senegal and South Africa failed to condemn Russia over its assault of Ukraine, while Argentina and Indonesia did.
The investment vehicle seeking to merge with Donald Trump's social media venture disclosed Monday that it received federal subpoenas, delaying and potentially derailing the transaction.
A toxic gas explosion killed 10 people and injured more than 250 on Monday, authorities said, when a cloud of yellow gas suddenly enveloped Jordan's Aqaba port. The deputy chief of the Aqaba Region Ports Authority, Haj Hassan, told Al-Mamlaka that an "iron rope carrying a container containing a toxic substance broke, resulting in the fall and escape of the poisonous substance".
Cash-strapped Sri Lanka announced a two-week halt to all fuel sales except for essential services starting Monday and called for a partial shutdown as its unprecedented economic crisis deepened. Four out of five people in Sri Lanka have started skipping meals as they cannot afford to eat, the UN has said, warning of a looming "dire humanitarian crisis" with millions in need of aid.
AFP
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