Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Politics

Wed, May 08, 2024 02:42 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Russia-Ukraine war: Iran confirms drone sales to Russia, but says sale was 'months' before invasion

Nov 07, 2022 11:24 am UTC| Politics

Iran has come under more intense scrutiny over its alleged involvement in the war with Ukraine, accusing Tehran of supplying Russia with drones. For the first time, Iran has confirmed selling drones to Russia but clarified...

UK: Attack on immigration center 'terrorist' incident, authorities say

Nov 07, 2022 10:02 am UTC| Politics

The British police said the firebomb attack on an immigration center in Dover last week was a terrorist incident motivated by extreme right-wing ideology. This comes as immigration has been a divisive issue in the...

Russia-Ukraine war: US accuses Moscow of wanting to 'freeze' Ukraine into submission

Nov 07, 2022 09:11 am UTC| Politics

The United States has accused Russia of trying to freeze Ukraine into submission as the war moves toward its ninth month. The accusations come amidst Moscows push to move thousands of civilians out of the partially...

US: Secretary of State reaffirms Washington's support for two-state solution in call with Palestinian leader

Nov 07, 2022 08:59 am UTC| Politics

US Secretary of State Antony Blinken spoke with Palestinian President Mahmoud Abbas over the weekend, reaffirming Washingtons commitment to a two-state solution. The call comes amidst tensions in the region, including...

Iran: Germany, EU plan to expand sanctions over crackdown on protests, report says

Nov 07, 2022 08:15 am UTC| Politics

Widespread protests have been taking place in Iran for more than a month since September, with security forces attempting to crack down on the demonstrations. With the Islamic Republic coming under heavy scrutiny, Germany...

Afghanistan: UN human rights chief calls on Taliban to release five activists

Nov 07, 2022 07:18 am UTC| Politics

The United Nations, human rights chief called on the Taliban government to release five people said to be detained by the insurgent group. The five people were apparently detained during a news conference that was hosted...

North Korea fires four ballistic missiles following US, Seoul joint drills

Nov 07, 2022 06:08 am UTC| Politics

In what would be the latest flare of tensions in the Korean peninsula, North Korea has again fired four more ballistic missiles into the sea. The firing of rockets comes as the military drills of the United States and...

211 212 213 214 215 216 217 218 219 220

Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...

Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the word...

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...