An unprecedented financial crash in 2022 brought months of consumer goods shortages, with inflation peaking at nearly 70 percent that year. Since then, a $2.9 billion bailout loan from the International Monetary Fund (IMF), tax hikes, and austerity measures have slowly made headway in repairing the island’s economy. “Headline inflation will remain negative in the […]
Cyclonic storm Fengal is forecast to make landfall in Tamil Nadu state with sustained winds of 70-80 kilometres an hour (43-50 mph) in the afternoon, India’s weather bureau said. The forecast urged fishing crews to stay off the water and predicted surging waves of one metre (three feet) that posed a flood risk to low-lying […]
In West Virginia state of the US, a few hours south of Pittsburgh, there exists a town where the use of cell phones is prohibited. In this unique location, Wi-Fi access is restricted, and locating a radio station can prove to be quite challenging. Green Bank is commonly known as the quietest town in America. […]
Australia approved the social media ban for children late on Thursday. The law forces tech giants from Instagram and Facebook owner Meta to TikTok to stop minors logging in or face fines of up to A$49.5 million ($32 million). TikTok, the hugely popular platform where teen users upload and share videos, said in a statement […]
Each stay is for up to seven days, the official news agency said, with the multiple-entry visas valid for one year at a time. The announcement reinstates a multiple-entry policy from 2009 that was tightened in 2015 when China began allowing Shenzhen residents to go to Hong Kong only once a week. The stricter policy […]
The law forces tech giants from Instagram and Facebook owner Meta (META.O), to open a new tab on TikTok to stop minors from logging in or face fines of up to A$49.5 million ($32 million). A trial of methods to enforce it will start in January with the ban to take effect in a year. […]
Israel said it also opened fire on Thursday towards what it called “suspects” with vehicles arriving at several areas in the southern zone, saying it was a breach of the truce Hezbollah, which came into effect on Wednesday. Hezbollah lawmaker Hassan Fadlallah in turn accused Israel of violating the deal. “The Israeli enemy is attacking […]
Trump has floated blanket tariffs of 10 percent to 20 percent on virtually all imports when he returns to the White House in January and this week pledged big tariffs on Canada, Mexico and China too. For Britain’s trade-sensitive economy, such threats to global commerce could stymie the dash for higher growth that is a […]
Trump, who takes office on Jan. 20, said on Monday he would impose a 10% tariff on Chinese goods so that Beijing does more to stop the trafficking of Chinese-made chemicals used in the highly addictive narcotic. He had threatened tariffs over 60% on Chinese goods while on the campaign trail. “China’s position against unilateral […]
“Speaker Nabih Berri called a parliament session to elect a president of the republic on January 9,” the official National News Agency reported. Lebanon has been without a president since Michel Aoun’s term ended in October 2022, with neither of the two main blocs — Hezbollah and its opponents — having the majority required to […]
