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20238 articles published since 08 Mar 2022

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China suspends 'special port fees' on US vessels
China suspends 'special port fees' on US vessels
Economy

China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers continues to take shape.

From Club Med to Beverly Hills: Assinie, the Ivorian Riviera
From Club Med to Beverly Hills: Assinie, the Ivorian Riviera
Economy

Locals in Assinie reminisce about the old days when the now-shuttered Club Med in southeastern Ivory Coast provided jobs aplenty. The fishing village's former Club Med even provided the backdrop for the 1978 cult French comedy film "Les Bronzes" ("French Fried Vacation"), which satirically skewered resort vacations.

Tanzania Maasai fear VW 'greenwashing' carbon credit scheme
Tanzania Maasai fear VW 'greenwashing' carbon credit scheme
Economy

Namnyak, a Maasai herder in north Tanzania, fears a carbon credit scheme linked to Volkswagen -- dismissed by NGOs as "greenwashing" -- could destroy her community's way of life. - 'Scam' - Several researchers and NGOs believe the Maasai are unwitting participants in a vast "greenwashing" scheme by Volkswagen.

Markets boosted by hopes for deal to end US shutdown
Markets boosted by hopes for deal to end US shutdown
Economy

Equities rallied Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a deal to break the record-breaking 40-day impasse. The US president told reporters that "it looks like we're getting close to the shutdown ending".

The AI revolution has a power problem
The AI revolution has a power problem
Economy

In the race for AI dominance, American tech giants have the money and the chips, but their ambitions have hit a new obstacle: electric power. All this cash has helped alleviate one initial bottleneck: acquiring the millions of chips needed for the computing power race, and the tech giants are accelerating their in-house processor production as they seek to chase global leader Nvidia.

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