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TikTok plans total US shutdown as ban deadline looms: report
TikTok plans total US shutdown as ban deadline looms: report
by  AFP

Social media giant TikTok plans to completely shut down its operations in the United States this Sunday if a ban ordered by legislators goes through as planned, a report said. The apparent shutdown comes as TikTok faces a January 19 legislative deadline to sever ties with its Chinese parent company ByteDance or cease US operations.

German economy shrinks again amid political crisis
German economy shrinks again amid political crisis
by  AFP

Germany's economy shrank for a second straight year in 2024, official figures showed Wednesday, with little hope of a speedy recovery as Europe's traditional powerhouse is also mired in political crisis. Fears are growing that the economy will struggle to get back on its feet this year, due in part to the political crisis at home.

BP nears deals for oil fields, curbs on gas flaring in Iraq
BP nears deals for oil fields, curbs on gas flaring in Iraq
by  AFP

Iraq and British oil giant BP are set to finalise a deal by early February to develop four oil fields in Kirkuk and curb gas flaring, Iraqi authorities announced Wednesday. BP is one of the biggest foreign players in Iraq's oil sector, with a history of producing oil in the country dating back to the 1920s when it was still under British mandate.

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