Skip to Content

Month: July 2024

China’s top leaders vow to support consumers and improve confidence in its slowing economy

AP Business Writer BANGKOK (AP) — China’s powerful Politburo has endorsed the ruling Communist Party’s strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.” A statement issued Tuesday after the meeting of the 24 highest leaders of the party warned that coming months

Continue Reading

Europe’s growth lags US again, as Germany remains the eurozone’s economic problem child

AP Business Writer FRANKFURT, Germany (AP) — Europe’s economy enjoyed only modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap. Germany, the leading European economy, remained in the dumps while hesitant consumers saved more rather than spending on new houses or cars. Gross domestic product, the

Continue Reading

Police clash with a violent crowd gathered near the site of UK stabbing attack that killed 3 girls

Associated Press LONDON (AP) — Far-right protesters fueled by anger and false online rumors hurled bottles and stones at police, wounding more than 20 officers Tuesday outside a northwest England mosque near where three girls were fatally stabbed a day earlier. Prime Minister Keir Starmer condemned the “thuggery” and said the crowd had hijacked what

Continue Reading

Interpol anti-narcotics operation leads to 206 arrests, seizure of $1.6B of illegal drugs, chemicals

LYON, France (AP) — Interpol says more than 200 people have been arrested and some $1.6 billion worth of illegal drugs and precursor chemicals seized as part of a two-month operation against narcotics trafficking across Europe, North America and Africa. The international police organization, based in Lyon, France, said Operation Lionfish Hurricane in April and

Continue Reading

The Taliban disavows many Afghan diplomatic missions abroad. Afghans call that unfair, impractical

Associated Press ISLAMABAD (AP) — The Taliban has disavowed many Afghan diplomatic missions overseas, saying it will not honor passports, visas and other documents issued by diplomats associated with Afghanistan’s former Western-backed administration. It’s the Taliban’s latest attempt to seize control of diplomatic missions. Some Afghans abroad protest this as unfair and impractical. The Ministry

Continue Reading