AFP
19879 articles published since 08 Mar 2022
19879 articles published since 08 Mar 2022
The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy commissioner told AFP on Wednesday, as finance ministers of the group convene in Washington. Also on the Group of Seven ministers' agenda are discussions on China's recently announced curbs on rare earths, commissioner Valdis Dombrovskis told AFP in an interview.
US Treasury Secretary Scott Bessent on Wednesday said he was working to help corral the private sector around a new $20 billion "facility" to support Argentina's embattled economy. Bessent added that he had spent "weeks" working on the private-sector solution to Argentina's upcoming debt payments, which would come on top of the $20 billion US swap line the US Treasury recently set up.
Canadian leaders said Wednesday that Jeep-maker Stellantis's decision to invest $13 billion in the United States threatens Canadian jobs, urging action to counter what they called another casualty of President Donald Trump's trade war.
US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled." But he expressed hope that China would back off its rare earth curbs.
Greece's parliament on Wednesday debated a controversial reform proposed by the conservative government, which would allow 13-hour workdays under exceptional circumstances, drawing fire from unions and opposition parties. But opposition parties and unions argue that workers will risk layoffs if they refuse longer hours.
It is absolutely critical for European countries to boost growth and productivity to catch up with the United States, a senior IMF official told AFP, calling on policymakers to make "smarter" spending choices.
New challenges will test Pokemon trainers' reactions in their virtual beast battles, as the near-30-year-old saga's latest instalment hits Nintendo consoles on Thursday. The beasts' often-cute appearance belies their fearsome powers, which players can deploy in battles against other trainers.
French telecom firm SFR on Wednesday rejected a buyout bid by three rivals, as the government and labour unions warned the deal could harm consumers and employees.
Mercy Diebiru-Ojo's ambitions are straightforward -- increase Nigerian yam and cassava yields by 500 percent, fight hunger and raise her country's position on the agricultural value chain from a mere grower to a processor.
AFP
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