Economy
Washington DC, Jan 17 (EFE).- TikTok announced on Friday that it continues with the idea of suspending its operations in the United States from Jan. 19 despite the decision taken by incumbent President Joe Biden to leave the future of the social network in the hands of his successor, Donald...
Bangkok, Jan 14 (EFE).- TikTok dismissed reports on Tuesday that Chinese authorities are considering selling its US operations to Elon Musk to avoid a ban in the United States, calling the claim «pure fiction.» «We can’t be expected to comment on pure fiction,» a TikTok spokesperson told EFE from the...
By Isaac J. Martín Abu Dhabi, Jan 12 (EFE).- Global renewable energy capacity is expanding at record levels, with new additions expected to surpass 500 GW in 2024, but only 1.6 percent of that growth is happening in Africa, a missed opportunity that experts warn could deepen the continent’s energy...
By Rostyslav Averchuk Lviv, Ukraine, Jan 10 (EFE).- Ukraine is considering halting the transit of Russian oil through its territory, urging Europe to cut back on Russia’s liquefied natural gas (LNG) imports that hit record levels in 2024. The move aims to disrupt Russia’s energy revenues, a key source of...
![[FILE] A picture made available on 21 April 2013 shows people visiting the world's second largest Salt mine in Khewra, Pakistan, 20 April 2013. EFE-EPA/FILE/OMER SALEEM](https://i0.wp.com/efe.com/wp-content/uploads/2025/01/rss-efe640beafbb446f9d0f278f0d2f85f44710f72901bw.jpg?fit=1024%2C683&ssl=1)
Islamabad, Jan 10 (EFE).- The bodies of four miners were recovered from a collapsed coal mine in Pakistan’s Balochistan province on Friday, while rescue teams continue efforts to reach eight others still trapped underground. Provincial government spokesperson Shahid Rind said the miners had been stranded since Thursday evening when a...
By Juris Kaža Riga, Jan 9 (EFE).- Russian-sponsored disruption of underwater infrastructure in the Baltic Sea will continue and escalate unless such activities are met with a firm response from NATO countries, Lithuania’s new Foreign Affairs Minister Kęstutis Budrys told journalists in the Latvian capital Riga on Thursday, noting that...
Tokyo, Dec 18 (EFE).- Japanese automakers Nissan Motor and Honda Motor said on Wednesday that they were exploring possibilities to deepen cooperation, following local media reports about talks between the two companies on a possible merger in the face of growing competition from Chinese electric vehicle manufacturers. The two firms...
Sydney, Australia, Dec 3 (EFE).- China has agreed to lift trade restrictions on Australian beef, the latest in a series of bans and tariffs that Beijing has lifted on products from the Oceania country, Australia’s government said on Tuesday. «The (Anthony) Albanese Labor Government welcomes China lifting the remaining suspensions...
Washington, Dec 3 (EFE).- The United States on Monday announced new technological restrictions on China with the aim of curbing its ability to develop advanced memory chips that can be used in the development of military equipment and artificial intelligence applications. As part of these measures, 140 Chinese companies will...
Shanghai, China, Nov 29 (EFE).- China on Friday extended tariff exemptions on over 100 products from the US until Feb. 28, 2025. A container ship leaves the Port of Oakland towards the San Francisco – Oakland Bay Bridge in Oakland, California, US, 27 November 2024. EFE-EPA/JOHN G. MABANGLO The decision,...
Baku, Nov 12 (EFE).– UN Secretary-General António Guterres Tuesday called for new global taxes on aviation, shipping, and fossil fuel extraction to support climate transition efforts in developing countries. «Polluters must pay,» Guterres said at the COP29 opening in Baku, highlighting the financial obstacles that developing nations face in transitioning...
By Judith Mora London, Oct 30 (EFE).- The Labour government led by Keir Starmer announced on Wednesday a rise in state investment and the highest tax increase in recent UK history, in its first budget since taking office in July. The Chancellor Rachel Reeves stated that the increase in the...
