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Why has Russian wheat been entering the EU duty-free?
Since its invasion of Ukraine, Russia's grain exports have not only been spared by European Union sanctions, but even stayed free of tariffs -- a seeming anomaly the bloc has now agreed to rectify. Following Russia's invasion, the EU eliminated tariffs on Ukrainian products.
UK parties face-off on TikTok battleground
On the face of it, the villain from "Shrek", British singer turned TV presenter Cilla Black, and national service have nothing in common. One Labour TikTok post uses a clip from the movie "Shrek" showing the diminutive villain Lord Farquaad saying "some of you may die, but it's a sacrifice I am willing to make".
Taliban govt harbours big dreams for Afghan rail
On the edge of the Afghan border with Uzbekistan, where the railway abruptly stops, throngs of young men transfer sacks of wheat or flour from freight trains to trucks. Every day, 3,500 tons of flour and 1,500 tons of wheat are unloaded by hand at the border town of Hairatan in northern Afghanistan to trucks that brave mountain passes and war-damaged roads to ferry goods around the country.
Google to invest $2 bn in Malaysia: government
Google will invest $2 billion in Malaysia to house the firm's first data centre in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of growth opportunities. "When operational, Malaysia will join the 11 countries where Google has built and currently operates data centres to serve users around the world," the statement said.
Iran iPhone users signal dismay over new models ban
At a Tehran cafe, Hamid waves his mobile around hoping to latch onto a faint signal and thus bypass Iran's stringent ban on the latest models of iPhone. Under last year's ban, users of the latest iPhone models are no longer allowed to register their devices in the country.
India's onion farmers cry foul at politicians' price recipe
Almost every Indian meal requires an onion -- one of the cooking essentials along with sugar and lentils that sweet-talking politicians use to curry favour with their voters by lowering costs. But the slump in wholesale prices meant that was not passed on to the consumer -- or voter, from the politicians' viewpoint.
EU seeks roadblocks for Chinese EVs without sparking trade war
The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a trade war. The EU wants many more Europeans driving electric cars as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Boeing set to deliver plan to regulators on upgrading safety
Boeing is expected to deliver on Thursday a "comprehensive action plan" required by US air safety regulators after a near-catastrophic incident in January. At that time, the FAA gave Boeing 90 days to produce "a comprehensive action plan to address its systemic quality-control issues to meet FAA's non-negotiable safety standards."
Asian markets extend losses with Wall St as rate hopes dim
Asian markets fell Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts. A second straight day of weak demand in a Treasuries auction forced yields -- a proxy for interest rates -- to extend a recent advance.
AFP
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