
AFP
18382 articles published since 08 Mar 2022
18382 articles published since 08 Mar 2022
Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news -- but analysts warn they should strap in for tariff-induced woes further down the line. A top economic planner also stressed that more "proactive and effective macro policies" would be needed to boost growth.
Heineken said Wednesday its beer sales were down in the first quarter but kept profit forecasts for the year unchanged despite noting increased uncertainty from tariffs. "Additionally, there are broader uncertainties, including recent tariff adjustments and potential increases, as we go forward," added Heineken.
As Margriet Mantingh gazes at flowers stretching as far as the eye can see at the world's biggest flower market near Amsterdam, all she sees is a huge bouquet of pesticides. At Aalsmeer, near the Dutch capital, dozens of staff on electric scooters weave through the world's biggest flower market.
Solar panels like the ones on the roof of Elhadj Abdou's house are an increasingly common sight in Niger's capital, which is often hit by power cuts. "There are no more power cuts here and there are no bills to pay, everything works on solar energy," said Abdou, who lives in Niamey's Lazaret neighbourhood.
Cod and herring are normally more likely to be on the dinner menu than the negotiating table at European security talks. But captained by France, some EU countries are pushing to link the opening of defence talks to successful negotiations in other areas, with fishing a major sticking point.
The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept its sales forecasts for this year unchanged. "However, the recent tariff announcements have increased uncertainty in the macro environment and the situation will remain dynamic for a while," he added.
Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia's Sihanoukville into a half-finished gambling resort with signs everywhere in Mandarin. Gambling is generally illegal in mainland China, and Sihanoukville is one of the many centres in the surrounding area that have sprouted to draw Chinese visitors and sate their hunger.
When Indonesian executive Heret Frasthio takes his antique 1957 VL Vespa for a ride, its white paint peeling off, the usual fumes and hum of the free-spirited scooters cannot be seen or heard. Riding an antique Vespa from the 1960s without the pollution and the noise in Jakarta's heavy traffic has also earned him curious looks.
With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing louder for Europe to declare independence from US tech. As Europe faces Trump's tariffs, and threatens to tax US tech unless the two sides clinch a deal averting all-out trade war, there is a growing sense of urgency.
AFP
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