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World Bank warns recession risk rising amid higher interest rates
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned Thursday, calling on governments to help boost supply to ease the constraints behind rising prices.
TikTok adds authenticity feature that mirrors BeReal
TikTok on Thursday added an authenticity feature that has been a winner for French app BeReal, taking a page from Meta's playbook by copying a rival. Instagram-parent Meta has a history of copying features such as ephemeral photos and live streaming video that proved hits with users of rival apps, bolstering the appeal of its platform while fending off competition. gc/sw
Kerry urges rich-poor unity on climate effort ahead of UN talks
US climate envoy John Kerry on Thursday urged African countries to help overcome divisions between rich and poor nations at the upcoming UN COP27 talks. On Wednesday, a bloc of the world's poorest countries said they would urge COP27 to push ahead with another envisioned area of climate finance -- a fund to compensate vulnerable nations for damage such as floods and rising seas.
Angola's Lourenco eyes further reforms as sworn in
Angolan President Joao Lourenco vowed to push ahead with economic reform and hailed voters' "tolerance" as he was sworn in on Thursday for a second term after a divisive electoral win. He promised to push ahead with reforms to encourage the private sector, expand the offer of goods and services and fight youth unemployment.
'You sold Ukraine': Izyum contends with occupation's fallout
The troubles in the Ukrainian city of Izyum did not leave with retreating Russian troops, in fact some residents have now accused each other of cosying up to the occupiers. Others like Ficher complained they had been left to fend for themselves -- but were in turn accused of cosying up to the occupier.
US blacklists Russian neo-Nazi fighters, children's rights head
The US Treasury placed top Russian finance officials, a neo-Nazi fighter group, and a children's rights official who allegedly directs the removal of Ukrainian children to Russia on its sanctions blacklist Thursday.
UK probes Microsoft's $69 bn bid for gaming giant
Britain on Thursday announced an "in-depth investigation" into Microsoft's planned $69-billion takeover of US gaming giant Activision Blizzard, citing UK competition concerns. "The CMA has referred the anticipated acquisition by Microsoft Corporation of Activision Blizzard, Inc. for an in-depth investigation," a statement said.
UN member states may allow Zelensky to speak by video
UN member states will vote Friday on making an exception to allow Ukrainian leader Volodymyr Zelensky to address next week's General Assembly by video, according to diplomatic sources. Since the invasion of Ukraine by Russia in February, the Ukrainian president has made several video addresses to the members of the Security Council.
William says walk behind Queen's coffin stirred painful memories
Britain's Prince William revealed Thursday that walking behind Queen Elizabeth II's coffin had brought back painful memories, after doing the same for his mother Diana when he was a teenager. William and Kate held a walkabout for almost an hour on Thursday, looking at floral tributes to Queen Elizabeth and shaking people's hands.
AFP
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