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Author's articles
Japan says ready for 'necessary response' as yen dives
Japan is ready to take action if the yen's plummeting value remains volatile, officials repeated on Thursday, after the currency hit 24-year lows. Prime Minister Fumio Kishida announced Thursday that the government will use 3.5 trillion yen ($24 billion) of reserve funds to address the domestic impact of inflation, and will deliver cash relief packages to low-income households. bur-kaf/mca/lb
Egypt vows to champion climate finance for Africa at COP27
When Egypt hosts a global climate summit in November, it will seek to represent Africa which shares little of the blame for global warming but suffers many of its worst impacts, its environment minister says.
Mauritanian ex-president released from custody pending trial
Mauritania's disgraced ex-president, Mohamed Ould Abdel Aziz, has been released from custody pending a trial on corruption charges, a judicial official said Thursday. He stepped down in 2019 after two terms, succeeded by a former general and long-time aide, Mohamed Ould Ghazouani, in the first transition of power between elected leaders in Mauritania's history.
Anger over bloated new Sri Lanka government
Sri Lanka added 37 new senior posts to its government on Thursday, sparking a social media backlash over "useless" public spending in the middle of its worst economic crisis on record. On social media, some Sri Lankans vented frustration over the use of public funds.
Japan's ruling party says half its MPs had Unification Church ties
Around half of Japan's ruling party lawmakers have had dealings with the Unification Church, an official said Thursday, after the assassination of ex-premier Shinzo Abe heightened scrutiny of the religious organisation also sometimes known as the Moonies.
Taiwan chip giant TSMC sees all-time high revenue in August
Taiwanese semiconductor giant TSMC said Thursday its August revenue rose nearly 60 percent to a record high of Tw$218.13 billion ($7.06 billion) on soaring global demand. Its August revenue rose 58.7 percent on-year and 16.8 percent from July to an all-time high of Tw$218.13 billion -- the first time it has reached the Tw$200 billion mark, according to a company statement.
Tunisia food-makers starved for supplies amid crisis
Cash-strapped Tunisia is facing a dearth of imported foodstuffs from dairy products to coffee, forcing informal rationing at supermarkets and threatening some food and beverage companies. The upshot is that many supermarkets have started informally rationing foods, such as by limiting purchases of flour and coffee to one pack per customer.
Last residents of Siversk caught in the crossfire
From the hills in the west, the Ukrainian army shells Russian positions. I was in some hotspots but I never saw anything like this," said Markov, adding that he could never work out if the shelling was Russian or Ukrainian.
US boosts Ukraine aid, sees battlefield 'success'
The United States on Thursday announced $675 million in additional military equipment for Ukraine, as it said allies' efforts in bolstering Kyiv were now visibly paying off on the battlefield. "Now, we're seeing the demonstrable success of our common efforts on the battlefield," he said, stressing that allies are in it "for the long haul".
AFP
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