AFP
19879 articles published since 08 Mar 2022
19879 articles published since 08 Mar 2022
With few tourists watching the daring feat, Abraham Estrada dives off La Quebrada, an emblematic Acapulco cliff where the spectacle has resumed but struggles to attract visitors after the Mexican resort was hammered by Hurricane Otis.
The US Federal Reserve's decision to hold its key lending rate on Wednesday and pencil in three interest rate cuts next year has fueled optimism that its inflation battle is won. On Wednesday, the Fed voted to hold interest rates steady for a third straight meeting, and predicted 0.75 percent points of interest rate cuts in the year ahead.
Two more major shipping firms, Mediterranean Shipping Company and CMA CGM, said on Saturday they were suspending passage through a Red Sea strait vital for global trade, after Yemeni rebel attacks in the area.
A Vatican court delivers its verdict on Saturday in a historic trial focused on an opaque London property deal, with a once-powerful cardinal among 10 defendants facing jail for alleged financial crimes. Just weeks before the trial, Francis gave the Vatican's civilian courts the power to try cardinals and bishops, where previously they were judged by a court presided over by cardinals.
The new head of Turkey's central bank said she has been priced out of Istanbul's property market by rampant inflation, leaving no choice for the former finance executive but to move back in with her parents. The central bank last month pushed up benchmark lending rates to 40 percent in a bid to get inflation under control.
Canada's print media will receive nearly two-thirds of an annual Can$100 million (US$75 million) payment from Google to the country's news outlets in exchange for distribution of their content, the federal government announced Friday. Most of the payout will go to the print media because it is "really dependent" on online platforms to distribute its content, the official added.
Mexico's Maya tourist train glided into action on Friday, promising prosperity for one of the country's poorest regions, but tainted by allegations of environmental devastation. Cancun is Mexico's leading tourist destination and welcomed 34 million foreign visitors between January and October, according to official figures.
The UK's planned Hinkley Point C nuclear power plant reached a major milestone on Friday, with the installation of a steel dome that will cover its first reactor building, operator EDF said.
Turkish Airlines said on Friday it has decided to purchase more than 200 Airbus aircraft -- with the option for over 100 more -- in the coming decade as it seeks to become the world's largest carrier. The Turkish Airlines statement said it had made firm orders for 230 jets and placed purchasing rights for an additional 125 aircraft.
AFP
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