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Panama hopes to secure return of US banana giant Chiquita
Panama hopes to secure return of US banana giant Chiquita

Panamanian President Jose Raul Mulino will meet with representatives of US banana giant Chiquita Brands in Brazil later this month amid a push for the company to resume operations in his country after it laid off its entire workforce due to a strike, a minister announced Monday.

by  AFP

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Inflation-wary US consumers flock to 'Black Friday' deals
Inflation-wary US consumers flock to 'Black Friday' deals
by  AFP

US shoppers are out in force for "Black Friday," but inflation nerves have left them jittery, analysts say, prompting retailers in the world's biggest economy to come up with ever more deals. The so-called "Black Friday" discounts day originated as a single day when shoppers poured -- sometimes stampeded -- into malls in search of incredible deals.

Ngozi Okonjo-Iweala: the WTO's trailblazing motivator
Ngozi Okonjo-Iweala: the WTO's trailblazing motivator
by  AFP

Ngozi Okonjo-Iweala, reappointed on Friday as head of the World Trade Organization, hinged her leadership on breaking logjams at the sclerotic institution through craft, dynamism and sheer force of personality. "Ngozi brings a huge amount of personal authority, credibility and capability to what's a challenging and difficult role," Britain's trade minister Douglas Alexander told AFP last month.

WTO chief reappointed as Trump threat looms
WTO chief reappointed as Trump threat looms
by  AFP

World Trade Organization chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules. The organisation's 166 members "today agreed to give incumbent Ngozi Okonjo-Iweala a second term as director-general," the WTO said in a statement.

Japan government approves $92 bn extra budget
Japan government approves $92 bn extra budget
by  AFP

Japan's unpopular minority government approved on Friday an extra budget to help pay for a massive stimulus package after the ruling coalition's worst election result in 15 years. The extra budget approved by the cabinet is worth 13.9 trillion yen ($92 billion) and is expected to be approved in parliament by the end of the year.

UK transport secretary quits in setback for Starmer
UK transport secretary quits in setback for Starmer
by  AFP

Louise Haigh resigned as Britain's transport secretary on Friday after revelations that she pleaded guilty to a criminal offence before becoming a member of parliament. Her resignation is the first by a member of Prime Minister Keir Starmer's cabinet since his Labour party won power at a general election in July.

WTO chief faces heavy task as Trump threat looms
WTO chief faces heavy task as Trump threat looms
by  AFP

World Trade Organization chief Ngozi Okonjo-Iweala is expected to be reappointed Friday for a second term, in the shadow of the coming return of Donald Trump and his disdain for international trade rules. Her term ends in August 2025, and the appointment process expected to lead to her next term had initially been scheduled to take months.