Shanghai, China, Apr 11 (EFE).- Inflation in China in March dropped to levels not seen since September 2021, the National Bureau of Statistics (NBS) reported Tuesday. China’s consumer price index (CPI), a leading measure of inflation, rose 0.7 percent in March, year-on-year, making it the first time consumer inflation fell below 1% in over a … Read more
By Jose Miguel Blanco Boao, China, Mar 30 (EFE).- Spanish prime minister Pedro Sánchez put his nation forward as a “reliable” partner for China in trade, investment and conflict resolution at the Boao Forum in China’s Hainan province on Thursday. Sánchez’s intervention at the opening of the annual summit was the first engagement of his … Read more
New York, Mar 28 (EFE).- Twitter boss Elon Musk has announced that from Apr.15, only verified accounts on the social network, obtained by paying a fee, will be recommended to other users. Musk published a tweet on Tuesday announcing these new measures that involve a reorganization of the so-called “Twitter Blue,” or verified accounts marked … Read more
Beijing, Mar 25 (EFE) .- Apple’s CEO Tim Cook on Saturday, during an unannounced visit to Beijing, underlined the rapid advances in innovation in the Asian country and predicted that it would only speed up further, Chinese state media reported. Cook was taking part in the China Development Forum, where he said he was “thrilled” … Read more
Paris, Mar 23 (EFE).- France was bracing itself Thursday for hundreds of protests across the country against the government’s pension reforms. Authorities expect between 600,000 and 800,000 people to take to the streets, and police have deployed 12,000 officers across the country. The reforms, which were pushed through last week without a vote in parliament … Read more
Paris, Mar 22 (EFE).- French president Emmanuel Macron on Wednesday said he is confident that unpopular pension reforms will come into force by the end of the year. The reforms, which will see the retirement age rise from 62 to 64 years, have triggered massive protests – which have at times led to violent clashes … Read more
London, Mar 20 (EFE).- The Bank of England has welcomed the Swiss government-brokered deal of UBS taking over the crisis-hit Credit Suisse, noting that the British banking system was “safe and sound” amid fears of a possible global banking crisis. “We welcome the comprehensive set of actions set out by the Swiss authorities in order … Read more
Sydney, Australia, Mar 17 (EFE).- Australia confirmed on Friday its intention to buy long-range missiles from the United States as part of the AUKUS security pact, shortly after Washington announced that it authorized the sale of up to 220 Tomahawk cruise missiles to the Oceanic country. “Making sure we have longer-range strike missiles is a … Read more
Paris, Mar 16 (EFE).- The French government on Thursday used special constitutional powers to push through controversial pension reforms, avoiding a vote in parliament. One of the most contentious issues in the reforms is an increase in the minimum retirement age, from 62 to 64. Prime minister Élisabeth Borne said the government could “not run … Read more
Athens, Mar 16 (EFE).- Greece’s train operator has announced a 42,000 euros compensation plan for each family affected by February’s deadly train collision as anger continues to mount in the country amid a second general strike planned on Thursday. The families of deceased passengers will receive an advance payment of 42,000 euros ($44,623), injured passengers … Read more
Colombo, Mar 15 (EFE).- Sri Lankan state employees on Wednesday launched a massive strike in protest against the conditions imposed by the International Monetary Fund to process a bailout package for helping the island come out of the serious economic crisis it has been witnessing since last year. “Today’s strike is a historic one. Through … Read more
Tokyo, Mar 14 (EFE).- Three of the largest Japanese banks, Mitsubishi UFJ, Mizuho and Sumitomo Mitsui Financial Group, recorded significant losses Tuesday along with other Japanese financial entities in the first half of trading on the Tokyo Stock Exchange due to fears of their exposure to the bankruptcy of Silicon Valley Bank (SVB). Tokyo’s main … Read more