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

Become a contributor

Bookmark Econotimes

Politics

Sun, Jun 04, 2023 10:50 AM All times are UTC

Follow Series

©PUBLISH holdings LLC . All Rights Reserved.

House approval of debt ceiling deal a triumph of the political center

Jun 03, 2023 03:31 am UTC| Politics

Talking with a friend about the debt ceiling negotiations, I mentioned that there were incentives for centrists in Congress to cobble together a deal. My friend said, incredulously, Do we actually have centrists in...

Moscow drone attacks are a morale booster for Ukraine and a warning for Russia – here's why

Jun 03, 2023 03:28 am UTC| Politics

A wave of approximately 30 drones appeared in skies around the Russian capital, Moscow, on May 30. Though widely sensationalised as a major attack against the heart of the Russian government, they caused only minor damage,...

China in Africa: Kenya railway study shows investment projects aren’t a one-way street

Jun 01, 2023 11:44 am UTC| Politics

China is an important economic player in Africa. In 2021 alone, China accounted for nearly US$5 billion in foreign direct investment in African countries. The rapidly increasing Chinese presence across Africa has become a...

Global Geopolitics Series

NATO must tread carefully in Southeast Asia, where painful memories of colonialism remain

Jun 01, 2023 11:44 am UTC| Politics

NATOs incursion into the Indo-Pacific region is a move that will exacerbate regional conflicts and tensions. Thats because NATO cannot be separated from the history of European colonialism and imperialism that shaped...

South Africa has changed its electoral law, but a much more serious overhaul is needed

Jun 01, 2023 11:40 am UTC| Politics Law

South African president Cyril Ramaphosa recently signed into law a change to the countrys electoral act to allow individuals to contest national and provincial elections independently of political parties. The change...

Global Geopolitics Series

Amid fears of Chinese influence, the Committee on Foreign Investment in the United States has grown more powerful

Jun 01, 2023 11:37 am UTC| Politics

A Chinese private equity firm, Primavera Capital Group, acquired the well-known test preparation company Princeton Review and an online learning platform, Tutor.com, in May 2023. The move, like other Chinese investments...

Spanish elections: why devastating local losses to the right have forced socialist prime minister Pedro Sánchez to call an early national vote

Jun 01, 2023 11:35 am UTC| Politics

The local and regional elections that took place the 28th May have shaken up the political chessboard in Spain. The right-wing Partido Popular took the largest proportion of votes and now has the largest number of seats in...

1 2 3 4 5 6 7 8 9 10

Economy

Europe Roundup: Pound heads for biggest weekly gain in six months, European shares gains, Gold gains, Oil prices rise after U.S. debt deal, all eyes on OPEC meeting

Market Roundup French Apr Industrial Production (MoM) 0.8%, 0.3% forecast, -1.1% previous Spanish Unemployment Change -49.3K , -40.1K forecast,-73.9K previous German Car Registration (YoY) 42.50%,...

CNN Appoints Warner Bros. Discovery Executive as Its New COO

CNN Worldwide, or Cable News Network International, announced it has appointed a new chief operating officer for its business operations worldwide. The company named David C. Leavy as its new COO. As per Deadline, the...

Burger King Levels up Chicken Offerings: New Chicken Fries in Singapore and Smoky Maple Biscuit in US

Burger King bolsters its chicken offerings, debuting Chicken Fries in Singapore and trialing Smoky Maple Chicken Biscuits in U.S. markets. These exciting additions reflect the brands strategy to capitalize on the growing...

Onitsuka Tiger Unleashes Shinkansen-Inspired Sneakers in Collaboration With Terroir Tabi and West Japan Railway

Onitsuka Tiger teams up with Hyogo travel brand Terroir Tabi and West Japan Railway to launch a trio of Shinkansen bullet train-styled sneakers crafted with Kobe beef leather and traditional Hyogo craftsmanship. Showcasing...

Intel Unveils Plans for DDR5 Validation Data Center Lab in Seoul, Eyes Global Expansion

Intel Corporation is making strides in global chip research, announcing plans for a DDR5 Validation Data Center Lab in Seoul, South Korea. Intel is establishing a chips data lab in the region to scale up its...

Politics

UK: UN Rights Chief Expresses Concerns Over Migration Bill

The United Nations human rights chief has expressed his concerns to the British government about its legislation to combat illegal migration. The human rights chief cited concerns that it would bar people from seeking...

Russia-Ukraine War: NATO to Narrow Divisions Over Ukraine's Membership Bid in Oslo Meeting

The foreign ministers of the NATO countries are looking to narrow down the divisions surrounding Ukraines bid to join the alliance in the upcoming meeting in Oslo this week. This comes as Ukraines allies are also at odds...

EU Parliament to Question Hungary's Ability to Hold EU Presidency Over Record on Rule of Law

The European Parliament is set to question Hungarys ability to hold the European Unions rotating presidency next year. The EU parliament cited Hungarys record on the rule of law. A draft parliamentary resolution by the...

Iran: IAEA Resolves Nuclear Issues Related to Sites With Uranium Particles

The International Atomic Energy Agency has reportedly resolved the nuclear issues with Iran related to a site where uranium particles were found. The issue comes as talks to restore the 2015 nuclear deal with Tehran remain...

UK: Ministers Given More Time to Turn in Messages From Boris Johnson to Public COVID Inquiry

British ministers were given more time to turn in messages from former Prime Minister Boris Johnson as part of the public inquiry into the governments response to the COVID-19 pandemic. The extra time comes amid a...

Science

Drilling down on treatment-resistant fungi with molecular machines

`Fungi are present on the skin of around 70% of the population, without causing harm or benefit. Some fungal infections, like athletes foot, are minor. Others, like Candida albicans, can be deadly especially for...

Astronomers detected two major targets with a single telescope – a mysterious signal and its source galaxy

Astronomers have been working to better understand the galactic environments of fast radio bursts (FRBs) intense, momentary bursts of energy occurring in mere milliseconds and with unknown cosmic origins. Now, a study...

Biodegradable plastic in clothing doesn't break down nearly as quickly as hoped – new research

Plastic pollution has emerged as one of the most pressing environmental challenges of our time. Over 100 million tonnes of plastic enters the environment each year, with more than 10 million tonnes ending up in our oceans....

Gravitational wave detector LIGO is back online after 3 years of upgrades – how the world's most sensitive yardstick reveals secrets of the universe

After a three-year hiatus, scientists in the U.S. have just turned on detectors capable of measuring gravitational waves - tiny ripples in space itself that travel through the universe. Unlike light waves, gravitational...

Why don't rocks burn?

While many rocks dont burn, some of them do. It depends on what the rocks are made of and thats related to how they were formed. There are three main rock types: igneous, sedimentary and metamorphic. These rocks are...

Technology

Korea’s Netmarble Set to Release Three New Game Titles to Stop Losses

Netmarble Corporation, a South Korean mobile game developer which is also considered the largest mobile-gaming firm in the country, is set to release three new games, and the drops are starting in July. According to The...

Samsung Partners With Dezeen for Global 'Re:Create Design Challenge' to Upcycle Old Devices

Samsung Electronics, in collaboration with UK design magazine Dezeen, announces the Re:Create Design Challenge, a global contest aimed at upcycling and recycling old Samsung devices. The initiative reflects Samsungs...

TikTok CEO Shou Zi Chew to Spearhead ByteDance's Rising Social Media Star, Lemon8

ByteDance taps TikTok CEO Shou Zi Chew to steer Lemon8, its fresh social media app, amid a corporate reshuffle and escalating tension between TikTok and the West. Launched in February, the lifestyle-oriented Lemon8 has...

Naver Reportedly Losing Market Share in Online Search Industry

Naver internet platform is reportedly losing its share in the search engine market in South Korea. It was the very first web portal that later became the largest internet company in the country, but with the arrival of...

Microsoft’s Activision Blizzard Acquisition Approved by Korean Regulators

Microsoft Corporation earned another point with its bid to acquire the Santa Monica, California-based video game holding company, Activision Blizzard, after the South Korean anti-trust regulator announced it has approved...