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Author's articles
Why Mexican manufacturers seem unfazed by threat of Trump tariffs
If US President Donald Trump is to be taken at his word, Mexican imports to the United States will be hit with 25-percent tariffs on Tuesday. On Tuesday, the tariffs he announced on all Mexican imports shortly after taking office are due to go into effect, after being suspended for a month.
Italy breaks 'taboo' with push to revive nuclear
Italy's cabinet opened the door Friday to a return to nuclear power, aiming to overturn nearly 40 years of opposition -- though experts say any revival is at least a decade away. In a 10-year energy and climate plan published last year, Rome said it aims to install enough nuclear capacity by 2050 to generate between 11 percent and 22 percent of the power it uses.
Microsoft retires Skype, internet call pioneer
Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer that the tech titan acquired in 2011. Online auction site eBay acquired Skype in 2005 for approximately $2.6 billion, but the expected synergies never panned out, and in 2009, eBay sold a majority stake to a group of investors, who then sold it to Microsoft.
US Fed's favored inflation gauge cooled slightly in January
The Federal Reserve's preferred inflation measure cooled slightly in January, according to government data published Friday, although it remained stuck above the bank's long-term target. While inflation has remained stuck above the bank's long-term two percent target, economic growth has remained robust, and the labor market has stayed healthy, with unemployment hugging close to historic lows.
UK firms cautiously optimistic on US trade deal prospects
Hopes of a trade deal between Britain and the United States, reignited by President Donald Trump's positive comments after meeting Prime Minister Keir Starmer this week, prompted cautious optimism Friday from a UK business sector keen to avoid tariffs.
England allows wild beaver releases in 'milestone' for UK nature
Beavers will soon be released into waterways in England under a new scheme launched on Friday, signalling a return to the wild for an animal once hunted to extinction. Each project would need to supply a 10-year plan to support the animals' return to the wild, while the government has also promised help for farmers who make space for beavers on their land.
India and EU to finalise free trade agreement by year-end
India will finalise a "mutually beneficial" free trade deal with the European Union by the end of this year, Prime Minister Narendra Modi said Friday after meeting with EU chief Ursula von der Leyen. "We have asked our teams to work out a mutually beneficial bilateral free trade agreement by the end of this year," Modi said in New Delhi.
Off leash: China's pet industry shines in ailing economy
Patterned poop bags, frilly dog dresses and exotic animals including wombats and meerkats were on display at a bustling pet expo in Beijing, where the industry continues to thrive despite a sluggish economy. While the broader economy "isn't great at the moment", people are willing to spend on the things they love, including pets, said Guo, who works in the agri-livestock industry.
Nigerians displaced as rents double in inflation-hit Lagos
Nigeria's economic crisis is hitting renters in Lagos hard as landlords pass down the costs of spiralling inflation -- pushing residents further out, upending children's education and adding to workers' already infamous commutes. With leases typically paid up front for anywhere between one and three years, both landlords and renters try to negotiate a good deal to hedge against inflation.
AFP
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