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S.African economy sinks below pre-pandemic levels
South Africa's economy tumbled below pre-pandemic levels in the last three months of 2022 as record power shortages hit activity, official data showed Tuesday. - New electricity minister - South Africa's economy was badly hit by the Covid-19 pandemic, which amplified joblessness and poverty in one of the world's most unequal countries.
Macron vs the unions: What's at stake for France?
French President Emmanuel Macron is facing his biggest standoff with France's trade unions since coming to power in 2017, with the outcome of a series of strikes and protests over a pensions overhaul seen as decisive for both sides.
Sri Lanka president says China agrees to restructure loans
Sri Lanka's president said Tuesday that China had agreed to restructure its loans to the bankrupt island nation, clearing the final obstacle to a long-awaited International Monetary Fund bailout.
Chinese foreign trade starts new year in a slump
China's exports and imports fell during the first two months of 2023, according to official data Tuesday, hit by sluggish overseas demand, a massive Covid wave and market concerns over rising US tensions. US imports to China, meanwhile, fell 5.0 percent.
Pincered at sea, lobsters get new hope on land in UK
The tiny lobsters are safe from predators -- including each other -- as they eddy in large white plastic tanks swirling with artificial currents. The project involves harvesting female lobsters, each carrying thousands of eggs, from the North Sea so that they can hatch safely.
Oscar short docs race showcases booming art form
When marine biologist Maxim Chakilev flings open the door of his ramshackle Siberian hut in the Oscar-nominated short documentary "Haulout" to find 100,000 honking and heaving walruses, the effect is breathtakingly cinematic.
France faces 'standstill' in protests against pensions overhaul
France's trade unions were headed for a crucial face-off with President Emmanuel Macron on Tuesday, with fresh strikes and protests planned against a controversial pensions reform he has championed.
Asian markets rise ahead of Powell testimony, US jobs data
Asian markets mostly rose Tuesday as traders geared up for this week's release of key US jobs data and Federal Reserve chief Jerome Powell's testimony to lawmakers. Powell is due to speak to lawmakers on Tuesday and Wednesday, while the closely watched non-farm payrolls report for February is set to be released Friday.
Poor countries call for debt revolution at UN summit
Worn down by growing debt and a barrage of crises, leaders of the world's poorest countries have stepped up calls for the rules governing handouts of billions of dollars to be rewritten. Lesotho's deputy prime minister Nthomeng Majara was among leaders to call for an "urgent" rescheduling or writing off debt.
AFP
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