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Featured

US temporarily suspends Iran oil sanctions, says nuclear inspectors to return

The United States suspended sanctions on Iranian oil on Monday after Vice President JD Vance said Iran would allow UN nuclear inspectors to return to the country.

Maduro ouster put Venezuela on 'the right path': interim leader

The US capture of Nicolas Maduro put Venezuela on "the right path," interim leader Delcy Rodriguez said Monday.

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Russians adapt to 'nerve-wracking' life under sanctions

When Vladimir Stetsenko put his apartment on the market in October, he thought the ad for the newly renovated property in southern Moscow would generate some interest. It did not.

Berlin film fest opens with spotlight on Iran and Ukraine

The Berlinale, Europe's first major film festival of the year, opens Thursday with a comedy starring Anne Hathaway, Marisa Tomei and Peter Dinklage ahead of a packed programme spotlighting Iran and Ukraine.

Asian markets rise as traders evaluate strong US economy

Asian markets pushed higher Thursday, extending gains in New York and Europe, as a forecast-busting US retail sales report showed American consumers remain confident despite elevated inflation and the prospect of more interest rate hikes.

Most baby formula health claims not backed by science: study

The vast majority of health claims used to advertise baby formula worldwide are not supported by rigorous scientific evidence, a study said Thursday, leading researchers to urge the breast milk substitutes be sold in plain packaging.

Global stocks rise after strong US retail sales, better UK inflation data

Wall Street stocks shrugged off early weakness and pushed higher Wednesday as they followed European bourses upward after strong US economic data.

Experts deliver report into Pablo Neruda's mysterious death to Chile judge

A panel of scientific experts investigating the mysterious death of Nobel laureate poet Pablo Neruda delivered a report to a Chilean judge on Wednesday.

Ford halts output of F-150 Lightning through at least next week

Ford plans to suspend production of its F-150 Lightning electric pickup truck through "at least" the end of next week, a company spokeswoman said Wednesday.

World's oldest near-complete Hebrew Bible heads to auction

A Hebrew Bible more than 1,000 years old is set to be sold at auction in New York for up to an estimated $50 million, Sotheby's announced Wednesday.

World Bank chief David Malpass to step down early

World Bank chief David Malpass announced Wednesday he would step down nearly a year early from his position heading the development lender, amid questions over his climate stance.

World Bank chief David Malpass to step down

World Bank chief David Malpass announced Wednesday he would step down by the end of June from his position heading the development lender.

US risks debt default as soon as July: budget office

The United States risks defaulting on payment obligations as soon as July, if lawmakers fail to resolve a gridlock and raise the federal borrowing limit, according to Congressional Budget Office estimates Wednesday.

Riots break out in Nigerian cities amid cash scarcity

Rioters attacked bank ATMs and blocked roads in three Nigerian cities on Wednesday as anger spilled on the streets over a scarcity of cash, officials and local media said.

Canada women's coach 'proud' of team over pay dispute

Canada women's team coach Bev Priestman says she is proud of her players taking a stance over equal pay and conditions but hopes the "draining" dispute with the Canadian Soccer Association (CSA) is resolved quickly.

Barclays bank shares tumble as bad loans surge

Shares in Barclays slumped as much as 10 percent Wednesday after the British bank announced a surge in bad loans alongside a drop in annual profits linked to US litigation charges.

Self-drilling seed carriers break new ground

Dropped over their target by drone, dozens of tiny wooden "robots" twirl through the air in a balletic freefall before hitting the ground, where the work begins for these experimental self-burying seeds on an aerial replanting mission.

Cows, cars and hot bread: Turks rally to help quake victims

The small, elderly woman in a white headscarf leans on a stick and holds up a wad of bills: 13,000 Turkish liras ($690) for the country's earthquake victims. She made the money by selling her cow.

Jane Fonda urges Vienna Opera to cut ties with fossil fuel firms

US actress and activist Jane Fonda on Wednesday called on the Vienna Opera to end its partnerships with fossil fuel companies trying to "make themselves socially acceptable" by sponsoring cultural institutions while "killing the planet".

Football captain from Thai cave rescue dies in UK

One of 12 boys dramatically rescued from a Thai cave in 2018 has died in Britain while studying on a football scholarship, authorities said on Wednesday.

US retail sales rebound on biggest gain since 2021

Retail sales in the United States rebounded in January, said government data released Wednesday, logging the biggest gain since 2021 as policymakers watch for signs that consumer demand is cooling in the longer run.

Glencore rewards shareholders after coal-fuelled profits

Swiss mining giant Glencore said Wednesday it would dish out $7.1 billion to shareholders after posting record profits driven by a surge in coal prices following Russia's invasion of Ukraine.

Protests break out in Nigerian city over cash shortages

Angry bank customers burned tyres and blocked streets in a southwest Nigerian city on Wednesday in protests over scarcity of naira cash, police and residents said.

Scotland's leader Sturgeon announces shock resignation

Scotland's First Minister Nicola Sturgeon announced her resignation Wednesday after more than eight years leading its devolved government, in a shock move jolting UK politics on both sides of the border.

Stock markets diverge as traders react to inflation numbers

Europe stock markets climbed Wednesday after Asian counterparts finished lower, with traders digesting news of cooler UK and US inflation.

UK inflation retreats further, remains above 10%

British annual inflation dropped further last month on easing transport costs, official data showed Wednesday, but remains above a historically-high 10 percent.

'Someone else' could be running Twitter this year, says Musk

Twitter boss Elon Musk said Wednesday that a new CEO might be running the online platform by the end of 2023, after a "rollercoaster" since he took full ownership last year.

Sinkholes sow fear in former Polish mining town

Two decades after the local coal mine closed, residents in a southern Polish town live in fear that the ground will collapse under their feet after 20 sinkholes appeared in the past two years.

AirTag harassment victims unconvinced by Apple's fixes

Originally designed as a solution for the absent-minded, the AirTag digital tracking sensor is also sometimes employed for a more sinister function, with manufacturer Apple now finding itself the subject of anger -- and lawsuits -- from Americans who have been harassed with the help of the brand's product.

Israeli firm deploys robots to speed up online shopping

Behind a dark and opaque storefront in Tel Aviv, an Israeli company is speeding up online shopping by replacing staff with robots that manoeuvre around small storerooms.

Cash-strapped Egypt sells state assets to Gulf nations

Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its coffers by selling state assets to wealthy Gulf nations.

Asian markets retreat as US inflation fuels rate-hike bets

Asian markets sank Wednesday as a mixed US inflation report did little to soothe investor worries that the Federal Reserve will continue to ramp up interest rates, which many fear could cause a recession.

'Like James Bond,' Argentine price spies fight inflation

Like a veritable undercover agent, Monica Schenone tries to pass unnoticed through the aisles of a supermarket in Buenos Aires, sneaking photographs of price tags.

Airbnb posts first profitable year as travel rebounds

Airbnb on Tuesday reported its first annual profit, with revenue surging in the final three months of 2022 as travel bookings rebounded.

Arizona Tribune - Economy (English)