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Business & Commerce
The World Bank's executive board endorsed a new approach to its relationship with the people of Afghanistan Thursday under which new funds of around $300 million could be made available, outside the control of the Taliban authorities.The Bank's new engagement with Afghanistan, dubbed "A...
Asian markets rose Friday, supported by Wall Street and eurozone records, as traders shrugged off weak US retail sales and recession in Britain and Japan.US and European stocks rallied Thursday, with the broad-based S&P 500 up 0.6 percent to finish at an all-time high, along with Paris and Frank...
World,Back Page
White House hopeful Donald Trump said on Saturday he would "encourage" Russia to attack members of NATO who had not met their financial obligations, his most extreme broadside against the military alliance he has long expressed skepticism about. With US lawmakers debating new a...
World
The US military launched retaliatory air strikes against Iranian forces and Tehran-backed militia groups in both Iraq and Syria on Friday, following a drone attack that killed three American soldiers at a remote base in Jordan.The United States blamed the Sunday drone attack on Iran-backed forces bu...
US Secretary of State Antony Blinken will press a proposal to release Gaza-held hostages in return for a pause in the Israeli offensive during his latest crisis trip to the region next week, the State Department said Friday.On his fifth crisis trip to the Middle East, Blinken will visit Qatar and Eg...
The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.The US Federal Reserve, the European Central Bank (ECB) and others have held interest rates e...
Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels per day, abandoning a planned increase, the firm said on Tuesday."Aramco announces that it has received a directive from the ministry of energy to maintain its maximum sustainable capacity...
Ending months of negotiations, the US government on Friday approved a $23 billion deal to sell F-16 warplanes to Turkey, after Ankara ratified Sweden's NATO membership, the State Department said. As required by US law, the State Department notified Congress of the agreement, as well as a s...
The southern US state of Alabama on Thursday put to death a convicted murderer using nitrogen gas, the first time the controversial method decried by human rights advocates has been used in the country.Kenneth Eugene Smith was pronounced dead at 8:25 pm (0225 GMT Friday), according to the state atto...
NASA's Ingenuity Mars helicopter, which made history by achieving the first powered flight on another world, has officially ended its nearly three-year mission after sustaining rotor damage during its last outing, the space agency said Thursday.The tissue-box sized aircraft, which hitched a ride...
Sales of new US homes jumped in 2023, government data showed Thursday -- a result that reflects a lack of inventory in the existing homes market, as mortgage rates remained elevated.An estimated 668,000 new homes were sold last year, representing a 4.2 percent rise from the 2022 figure, the Commerce...
Unrelenting storms have pummelled the United States over the past week, leading to at least 50 weather-related deaths, officials and US media reported Friday, as large swathes of the country brace for new winter wallops.Frigid temperatures, snow gales and thick ice have caused fatal accidents on tre...
Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity levels and fuel global growth, the IMF chief told AFP.AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund'...
World,Front Page
Two US Navy sailors have been reported missing at sea while conducting operations off the coast of Somalia, the US military said Friday.The two sailors went missing Thursday evening, US Central Command said in a brief statement."Search and rescue operations are currently ongoing to locate the t...
The administration of Democratic US President Joe Biden on Friday accused Republican Texas Governor Greg Abbott of preventing the federal border patrol from carrying out its mission by blocking its access to a key sector of the border with Mexico.Abbott, a staunch supporter of former president Donal...
President Joe Biden said Thursday that US and British forces had launched air strikes against Iran-backed Huthi rebels in Yemen in "defensive action" after attacks on shipping in the Red Sea.In a statement, Biden said he "will not hesitate" to order further military action if nee...
US President Joe Biden has good news to sell on the economy as he seeks reelection in November -- but voters don't seem to be buying it.Growth is up, unemployment is down, and the US economy is recovering from the Covid-19 pandemic better than most other countries thanks to a huge stimulus packa...
Did Donald Trump spark an insurrection? Try to steal an election? Should he be barred from running for the White House again? Is a former president immune from prosecution?Those are just some of the weighty questions that the US courts are grappling with as the 77-year-old real estate tycoon seeks a...
The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.The world's top economy saw private sector employment rise by 164,000 jobs in the final month of...
The United States on Wednesday criticized South Africa for bringing a genocide case against Israel before the UN's top court, rejecting accusations against its ally over the war in Gaza. The International Court of Justice in The Hague will next week hold hearings on a filing by South...
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