AFP
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Author's articles
Brazil's central bank holds 13.75% interest rate amid 'high' inflation
Brazil's central bank held its benchmark interest rate at 13.75% on Wednesday, remarking that inflation "remains high" despite receding for three months in a row, just four days before a presidential election. For now, "inflation remains high" despite dropping for several months.
Meta's quarterly profit more than halved to $4.4 bn
Facebook-parent Meta reported Wednesday that its profit more than halved to $4.4 billion in the third quarter from $9.2 billion a year earlier, and said it plans "significant changes" to bolster efficiency in a tough economic environment. "We are making significant changes across the board to operate more efficiently," Meta said in the release.
12 women foreign ministers condemn Iran's crackdown
Women foreign ministers from a dozen nations led by Canada's Melanie Joly on Wednesday jointly condemned Iran's violent crackdown on women's rights, as protesters in the Islamic republic marked 40 days of unrest.
Painter Pierre Soulages, French master of black, dies at 102
French abstract artist Pierre Soulages, who has died aged 102, was the Henry Ford of painting: for him there was just one colour, black, and he spent a lifetime exploring the light within it. When he was around 60, Soulages shifted from black to the reflection of light from black -- a technique he called "outrenoir" or "beyond black" in English.
US urges 'forceful' Myanmar stance as Southeast Asia ministers meet
The United States urged strong action on Myanmar as Southeast Asian ministers prepared to meet Thursday on how to deal with the military-run country ahead of an upcoming summit. Foreign ministers of the Association of Southeast Asian Nations (ASEAN) are holding emergency talks Thursday in Jakarta on Myanmar in advance of the November 10-13 ASEAN and East Asia summits in Cambodia.
'Chief Twit' Elon Musk visits Twitter HQ as takeover deadline looms
Elon Musk changed his Twitter profile to "Chief Twit" and posted video of himself walking into the social network's California headquarters carrying a sink Wednesday, days before his contentious takeover of the company must be finalized. The billionaire Tesla chief captioned the video "Entering Twitter HQ - let that sink in!"
S.Africa to swallow part of Eskom's debt to keep it afloat
South Africa's treasury vowed Wednesday to take over more than half of Eskom's multi-billion-dollar debt to ensure the embattled energy utility's viability and curb the energy crisis that has put a break on growth. Unprecedented floods that swept through the third largest city of Durban, killing hundreds, also put a damper on growth.
Iconic photographer Salgado endorses Lula in Brazil vote
Acclaimed photographer Sebastiao Salgado urged his fellow Brazilians Wednesday to vote out far-right President Jair Bolsonaro, excoriating his "suicidal", "destructive" policies on Covid-19 and the Amazon and backing leftist challenger Luiz Inacio Lula da Silva.
Russian media figure flees to Lithuania
Ksenia Sobchak, a Russian media figure and the daughter of Vladimir Putin's mentor, has fled her country for Lithuania, border officials in Vilnius said Wednesday, after Russian news agencies reported that she had become a suspect in an extortion case.
AFP
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