AFP
19879 articles published since 08 Mar 2022
19879 articles published since 08 Mar 2022
The White House on Thursday said "all options" are being considered after the OPEC+ group's decision to cut oil production, despite US arguments that this will raise fuel costs and endanger world economies. Deese said the OPEC+ decision is "unwarranted" at a time when the global economy is in such weak condition and that "the lack of supply continues to be a significant challenge" for consumers.
The people of Lyman, emerging from cellars after Ukraine recaptured the town from Russian forces, have been left confused and fearful by both the battle and the shifting political map. A few hours later, Ukraine retook the town.
Iranian security forces have massacred over 80 people in the southeastern city of Zahedan in Sistan-Baluchestan province, in a crackdown on protests that erupted as Iran is convulsed by nationwide demonstrations, rights activists charge. Zahedan is the main city of Sistan-Baluchestan, Iran's poorest region, on the border with Pakistan.
Between six and nine million Pakistanis are set to be dragged into poverty as a result of cataclysmic monsoon flooding linked to climate change, the World Bank said on Thursday. A World Bank report said Pakistan's poverty rate is expected to rise between 2.5 and 4 percentage points as a direct consequence of the floods.
Spanish police said Thursday they had smashed one of Europe's largest counterfeit money rings that had made over eight million euros of fake cash.
The World Bank and development lenders need to evolve to tackle the complex challenges that the world is facing, such as by going beyond country-based lending, US Treasury Secretary Janet Yellen said Thursday. Apart from the traditional country-based lending model, Yellen called for considering expanded options, such as for development banks to support both global and regional entities.
A French court on Thursday slashed more than 700 million euros from a record 1.1-billion-euro fine imposed on US tech giant Apple in 2020, sources close to the case told AFP. France's competition authority levied the fine -- its biggest ever -- after concluding that the firm squeezed independent sellers of Apple products as it tried to push buyers towards its own stores and preferred retailers.
Sitting at the desk of a grand office in Lesotho's capital of Maseru, Sam Matekane doesn't attempt to hide his ambition. He does not want to state his worth, but his affluence is on display at his office on the 6th floor of a building in the centre of Maseru, a sleepy city of 350,000 people.
Three days of bloody clashes between inmates in Ecuador have left 21 dead and 66 people, including five police officers, injured in the latest bout of gang violence in the country's notoriously brutal prisons, officials said Thursday. The injured included five police members.
AFP
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