Economy

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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.

Macron says Europe must become 'space power' again
Macron says Europe must become 'space power' again
by  AFP

President Emmanuel Macron said Friday that Europe must again become a global space power, warning that France risked being squeezed out of the global low-orbit satellite constellation market. He warned that Europeans were "on the verge of being completely" squeezed out of the low Earth orbit (LEO) satellite constellation market.

Big-name porn sites back online in France after age check row
Big-name porn sites back online in France after age check row
by  AFP

Major adult websites Pornhub, YouPorn and RedTube were back online in France Friday after a court here suspended a decision requiring pornographic platforms based in the EU to verify users' ages. France has gradually introduced requirements this year for all adult websites to have users confirm their age with details such as a credit card or ID document.

World Bank and IMF climate snub 'worrying': COP29 presidency
World Bank and IMF climate snub 'worrying': COP29 presidency
by  AFP

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming. - Money matters - Under the Paris Agreement, wealthy developed countries -- those most responsible for global warming to date -- are obligated to pay climate finance to poorer nations.