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Asian markets struggle as traders gripped by recession fear
Asian markets struggled again Friday following another selloff on Wall Street fuelled by recession fears, with warnings of a bleak outlook for the global economy as central banks slam on the brakes to battle soaring inflation.
Australian, French leaders meet to mend frayed ties
French President Emmanuel Macron will hold talks Friday in Paris with Australia's new Prime Minister Anthony Albanese, seeking to repair ties badly damaged by the ditching of a submarine contract.
ICC marks 20th birthday with Ukraine in sights
The International Criminal Court marks its 20th anniversary on Friday, with the Ukraine war giving the tribunal new impetus after two decades of criticism and controversy. The ICC is holding a special 20th anniversary conference on Friday to mark the occasion, with speakers including its current president Piotr Hofmanski and prosecutor Khan.
It is hard to find but omnipresent in the daily calculations of all Argentines: the US dollar and its value relative to the feeble peso -- a thermometer of an economy in crisis and galloping inflation.
It is hard to come by but ever-present on the mind of average Argentines: the US dollar, whose value relative to the feeble peso is a barometer for an economy in crisis. "The Argentine saves in dollars and when a crisis hits, he sells.
Cryptocurrency lending giants wanted to operate on the level of banks, but their appetite for risk and a paucity of regulatory guardrails mean they and their clients now face financial ruin.
Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients now face financial ruin due to their appetite for risk and a paucity of regulatory guardrails. The devastating sequence started with the sharp decline of cryptocurrencies, including bitcoin which lost nearly 60 percent of its value in the past six months.
Flight trouble: Strained US airlines face July 4 test
US airlines are bracing customers for what will probably be another bumpy holiday weekend as the industry struggles to manage a surge in travel demand that probably exceeds its current capacity.
Migrants recount nightmare journeys in US-bound trucks
Jose Mario Licona and his family spent 18 hours in a refrigerated truck being smuggled to the Mexican-US border -- a journey he feels lucky to have survived. "When you make a deal, the first thing you ask (the smugglers) is not to be put in a container, but during the journey they do what they want," Licona told AFP in a shelter in the Mexican border city of Ciudad Juarez.
Champions South Africa begin World Cup countdown against lowly Wales
Siya Kolisi-captained South Africa begin on Saturday against Wales in Pretoria a 16-match countdown before defending the Rugby World Cup title in France next September. Tests on consecutive Saturdays against Wales in Pretoria, Bloemfontein and Cape Town get the ball rolling, to be followed in August and September by three home and three away Rugby Championship games.
NYPD unit that inspired 'Law & Order: SVU' faces gender bias probe
The US Justice Department will investigate the New York police agency that inspired the hit TV show "Law & Order: Special Victims Unit," over its treatment of sexual assault victims. "Law & Order: Special Victims Unit" is part of the wildly popular "Law & Order" TV franchise, and has been on air on NBC since 1999.
AFP
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