Economy

Economy Latest News

Dead salmon create election stink on Australian island
Dead salmon create election stink on Australian island
by  AFP

On a tree-lined beach in Australia's rugged island state of Tasmania, locals discovered popcorn-sized bits of dead salmon washed up along the sand. "What I saw was little chunks, the size of small plums, and they were scattered the entire length of the beach," said Jess Coughlin, a campaigner with community group Neighbours of Fish Farming.

Trump trade war dominates BRICS meeting in Brazil
Trump trade war dominates BRICS meeting in Brazil
by  AFP

The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday aimed at forging a united front to US President Donald Trump's aggressive trade policies.

Amazon set for launch of Starlink-rival satellites
Amazon set for launch of Starlink-rival satellites
by  AFP

After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first batch of Project Kuiper internet satellites on Monday, stepping into direct competition with Elon Musk's Starlink.

Empty shelves? US Treasury secretary not concerned 'at present'
Empty shelves? US Treasury secretary not concerned 'at present'
by  AFP

US Treasury Secretary Scott Bessent said Monday he was not concerned "at present" about American stores potentially running out of items due to Donald Trump's tariffs. Asked during an interview with Fox News if he was concerned about mounting worries of empty shelves due to the tariffs, Bessent replied: "Not at present."

Massive blackout hits Spain and Portugal
Massive blackout hits Spain and Portugal
by  AFP

Power went out across all of Spain and Portugal on Monday, cutting cellphone and internet networks, halting trains and trapping people in elevators, officials said.