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South Korea counts on shipbuilding to ease US tariff woes
South Korea counts on shipbuilding to ease US tariff woes
by  AFP

Asia's fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip. Like the Europeans, the US shipbuilding industry has lagged behind South Korea and China, and as a result, the sector is seen as a "highly important bargaining chip in trade negotiations," he added.

Sahel juntas pile pressure on foreign mining firms
Sahel juntas pile pressure on foreign mining firms
by  AFP

Army strongmen who have seized power in coups across Africa's Sahel region since 2020 have ramped up pressure on foreign mining companies in the name of greater control over their countries' riches.

Putin says recession in Russia 'must not be allowed to happen'
Putin says recession in Russia 'must not be allowed to happen'
by  AFP

President Vladimir Putin on Friday urged officials not to let Russia fall into recession "under any circumstances", as some in his own government warned of a hit to economic growth. "Some specialists and experts are pointing to the risks of stagnation and even a recession," Putin told attendees at Russia's flagship economic forum in Saint Petersburg.