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Author's articles
Google yanks California news sites over proposed law
Google on Friday said it is testing removing links to California news sites for some users in the western US state as legislators mull making the online search giant pay for connecting people to news.
IMF confirms Kristalina Georgieva for second 5-year term
The IMF executive board confirmed Friday that it had reappointed Kristalina Georgieva to serve for a second five-year term at the helm of the international financial institution. Georgieva, a 70-year-old Bulgarian, has run the IMF since 2019, and told AFP last month that she was making herself "available to serve, if people want me to serve."
US House okays renewal of controversial surveillance program
The US House of Representatives voted Friday to reauthorize an electronic urveillance program targeting foreigners, a practice officials say is critical to national security but criticized by opponents over concerns for American citizens' privacy.
Biden rule hikes fees for oil projects on public lands
Oil companies drilling on public lands must post larger bonds and pay higher royalties under a rule finalized Friday by the Biden administration. "Let's be real: We need to get these oil companies off our public lands," said Evergreen Action's Mattea Mrkusic.
Thai group buys iconic Berlin department store
Thailand's Central Group said Friday it has bought the iconic KaDeWe department store in Berlin from insolvent Austrian real-estate giant Signa. "We are pleased to add KaDeWe Berlin to Central Group's historic flagship luxury store real estate portfolio," said Central Group's chief executive, Tos Chirathivat.
Solid profits at banks as execs debate US economic risks
Large American banks reported solid earnings Friday behind still-high interest rates while offering varying views on the likelihood the United States can avoid a near-term recession.
Vietnam's multi-billion dollar fraud case: key things to know
A high-profile Vietnamese real estate tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages. Many of its real estate projects are in prime locations in central Ho Chi Minh City.
Japan seeks to reclaim tech edge with overseas help
Massive overseas and domestic investments offer Japan a chance to reclaim its tech crown, but to become a convincing alternative to China the country must embrace rapid innovation, experts say. "The traditional corporate culture in Japan tends to be risk-averse and hierarchical, which can stifle the rapid innovation typically seen in the software industry."
Clouds gather over Japan's ambitious Osaka World Expo
One of the largest wooden structures ever built is taking shape in Osaka, but hopes that Expo 2025 will unite the world are being dogged by cost blowouts and a lack of public enthusiasm. Expo 2025 global PR director Sachiko Yoshimura maintained that global participants would be "united" by the event even though there are conflicts in Ukraine, Gaza and elsewhere.
AFP
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