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Author's articles
Reliable European demand fuels US natural gas boom
Rising demand from Europe has added to a US natural gas investment boom even as the industry struggles to overcome opposition to pipeline construction. Even before the invasion, there was heavy investment in facilities to transform gas into liquefied natural gas (LNG).
France braces for disruption as more pension protests loom
France is bracing for major transport blockages on Tuesday, with mass strikes and protests set to hit the country for the second time in a month in objection to a planned reform to raise the retirement age.
Climate disinfo surges in denial, conspiracy comeback
False information about climate change flourished online over the past year, researchers say, with denialist social media posts and conspiracy theories surging after US environmental reforms and Elon Musk's Twitter takeover.
Asian markets fluctuate ahead of Fed meeting
Asian markets drifted Tuesday as investors bided their time ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to excite. Traders shrugged at data showing China's factory activity expanded in January after four months of contraction as the economy reopened from years of strict zero-Covid curbs.
China manufacturing activity rebounds in January
China's factory activity expanded in January after four months of contraction, official data showed Tuesday, as its economy rebounded following the relaxation of strict Covid-19 curbs. The official manufacturing purchasing managers' index (PMI) -- a key gauge of Chinese factory output -- rose to 50.1 this month, from 47.0 in December, according to data from the National Bureau of Statistics (NBS).
Bonza airline launches budget flights in Australia
A new Australian budget airline, Bonza, launched its first flight Tuesday, promising cheap tickets, onboard craft beer, snags (sausages) and a relaxed approach to crew uniforms. The onboard menu includes craft beer, no-alcohol beer, and "snag in a bag" -- a sausage in a bread roll.
IMF lifts 2023 growth forecast with boost from China reopening
EMBARGOED. HOLD HOLD HOLD. TO MOVE AT 8:37 PM MONDAY WASH TIME. Global growth is set to be higher than expected this year, the IMF said Monday, raising its forecast on surprisingly strong consumption and investment while China's lifting of zero-Covid restrictions provides another boost.
Peru tourism industry in 'free fall' as Machu Picchu closed by protests
Decked out in helmet, belt, gold-plated armor and sandals, Juan Pablo Huanacchini Mamani gazes out vacantly from the Ollantaytambo Inca ruins in Peru.
Samsung quarterly profits plunge to 8 year low on demand slump
Samsung Electronics said Tuesday that its fourth-quarter operating profits plunged nearly 70 percent, the biggest drop in more than eight years, as the global economic slowdown dealt a blow to electronics and chips sales. The fourth-quarter drop is the second consecutive margin squeeze for Samsung, which saw a 31 percent fall in operating profits in the third quarter year-on-year.
AFP
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