Wednesday, August 12, 2026
Economy
EU to hit Chinese electric cars with tariffs of up to 38%
Brussels (Belgium) (AFP) - The European Union warned on Wednesday it would slap additional tariffs of up to 38 percent...
World will amass ‘major’ oil surplus by 2030: IEA
Paris (AFP) - The world is likely to have a major surplus of oil by 2030 as production is ramped...
UK economy stagnates heading into general election
London (AFP) - Britain's economy stagnated in April after emerging from recession in the first quarter of the year, official...
Nigeria’s dyed cloth traders feel heat from China, inflation
Abeokuta (Nigeria) (AFP) - Despite the rain pelting Balogun market in Lagos, Ajoke takes her time choosing the tie-dye fabric...
US inflation data unlikely to alter Fed plans to hold rates steady
Washington (AFP) - Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve, which is widely...
Mexican president-elect says investors have nothing to fear
Mexico City (AFP) - Mexican president-elect Claudia Sheinbaum said Tuesday that investors had nothing to fear from proposed judicial reforms...
World Bank upgrades global growth outlook on resilient US economy
Washington (AFP) - The World Bank raised its global growth outlook on Tuesday on the back of resilient consumer spending...
Iceland grants whaling license for 2024 season
Reykjavik (AFP) - Iceland's government said Tuesday that it had granted a license to hunt 128 fin whales for the...
Production starts at Senegal’s first offshore oil field
Dakar (AFP) - Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production...
Canada faces scourge of rising car thefts
Montreal (AFP) - Montreal-area resident Zachary Siciliani discovered recently that his car had simply disappeared -- likely in one of...
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