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Search Result for “economic crisis”

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WORLD

French court jails Lafarge ex-CEO for funding IS in Syria

AFP, Published on 13/04/2026

» PARIS (FRANCE) - A French court on Monday fined the cement group Lafarge over $1.3 million and sentenced its former boss to six years in prison for paying protection money to the Islamic State group and other jihadists to maintain its business in war-torn Syria.

WORLD

US announces beginning of blockade of Iranian ports

AFP, Published on 13/04/2026

» TEHRAN - The US military said it would begin a blockade of all Iranian ports on Monday, after talks between the warring sides in Pakistan collapsed, and despite the Iranian military warning that it would treat any such action as an act of piracy.

WORLD

China model gains appeal in Vietnam as police expand power

Reuters, Published on 13/04/2026

» HANOI - Vietnam is increasingly edging closer to China's model of governance, ​tightening state control while embracing Chinese technology and regulation as its most powerful leader in decades heads to Beijing this week, according to internal documents, public policy plans and sources.

WORLD

Spain's Sanchez seeks closer China ties amid strains with US

AFP, Published on 13/04/2026

» BEIJING - Spanish Prime Minister Pedro Sanchez begins a three-day visit to China on Monday, aiming to strengthen trade ties with the world's second-largest economy as relations with the United States show signs of strain.

WORLD

Delays mar voting as crisis-hit Peru picks ninth president in decade

AFP, Published on 13/04/2026

» LIMA - Hours-long delays marred voting in Peru's presidential and legislative elections Sunday, with weary voters hoping to end political chaos that has seen nine presidents ousted or jailed in a decade.

WORLD

US-Iran talks fail to find deal but Gulf truce holds for now

AFP, Published on 12/04/2026

» TEHRAN - Iran and the United States failed to strike a deal Sunday to end the war in the Middle East, but there was no immediate return to hostilities and the region clung to hope that a fragile truce would hold.

WORLD

Hungarians vote in closely watched election with Orban's rule on line

AFP, Published on 12/04/2026

» BUDAPEST - Hungarians began voting on Sunday in closely watched parliamentary elections that could end nationalist Prime Minister Viktor Orban's 16-year stint in power as a self-described "thorn" in the EU's side.

WORLD

IMF chief urges nations to 'do no harm' in fiscal response to Iran war

AFP, Published on 10/04/2026

» WASHINGTON (UNITED STATES) - The International Monetary Fund's chief urged governments on Thursday to "do no harm" as they face the massive economic shocks caused by the Middle East war, calling for "targeted" and disciplined fiscal actions.

WORLD

Venezuela police tear-gas protesters demanding salary rises

AFP, Published on 10/04/2026

» CARACAS - Venezuelan police fired tear gas on Thursday to disperse around 2,000 protesters who marched towards the presidential palace to demand salary and pension increases, AFP reporters saw.

WORLD

Cambodia's alleged scam group execs suspected of money laundering in Japan

Kyodo News, Published on 09/04/2026

» KYODO — Two senior executives of Prince Holding Group, a Cambodian conglomerate accused of being one of Asia's largest transnational criminal organisations, purchased luxury real estate in and around Tokyo in a possible money-laundering scheme, sources familiar with the matter said and official property records showed Thursday.