Venezuela has launched an anti-corruption probe of state oil firm PDVSA and other related government bodies that has seen 51 people arrested, including top government officials.. - The public prosecutor's office says 34 of the 51 people arrested are linked to the oil industry, the economic vehicle on which Venezuela is totally dependent.
Central banks around the world should keep battling inflation by hiking interest rates despite ongoing concerns about financial stability, the head of the International Monetary Fund told AFP on Thursday.. But Georgieva said: "Central banks still have to prioritize fighting inflation and then supporting, through different instruments, financial stability."
Two astronauts from Saudi Arabia, including the first Saudi woman, will blast off from Florida on May 8 on a private mission to the International Space Station (ISS), Axiom Space and NASA officials said Thursday.. Axiom Space carried out its first private astronaut mission to the ISS in April 2022.
Walmart announced Thursday plans to add electric vehicle (EV) chargers to thousands of US stores in a sign of further mainstreaming of emission-free autos.. The US retail giant, which has EV chargers at a fraction of its US stores, plans to "build our own EV fast-charging network at thousands of Walmart and Sam's Club locations coast-to-coast," said a Walmart news release, noting that approximately 90 percent of the US population lives within 10 miles of a Walmart.
European planemaker Airbus said Thursday that it will double its production capacity in China, as it seeks to bolster its footprint in a crucial market and sidestep potential geopolitical risks.. Boeing chief Dave Calhoun said in October that his firm is "clear-eyed about the geopolitical risks that are out there, and we are not going to impart new risks on our investors".
"I never thought it would be as big as this," says Stacey Hedges of her booming French-style cheese business, as another lorryload leaves the green Hampshire countryside for some of Britain's finest restaurants.. Former chef Hedges founded the Hampshire Cheese Company in 2005 and started producing Tunworth, a Camembert-style handmade cheese.
Top diplomats from Middle East rivals Iran and Saudi Arabia met in Beijing on Thursday, pledging to work together to bring "security and stability" to their turbulent region following a surprise China-brokered deal.. China's success in bringing Iran and Saudi Arabia together has challenged the United States' long standing role as the main outside power broker in the Middle East.
The resilience of Russia's economy has over the past year surprised many observers as Moscow adjusts to unprecedented Western sanctions over its assault on Ukraine. . Putin, observers say, has a vital interest in seeing high energy revenue if he wants to finance Moscow's assault on Ukraine and keep dissent at home at bay.
Atsushi Ikeda loves his car so much that he founded a club for Tesla owners, but his embrace of an electric vehicle makes him something of an outlier in Japan.. When Ikeda went looking for a car that was "affordable, safe, with no pollutants", he quickly turned to Tesla.
Argentina's already fragile economy is now taking a beating from nature, as the worst drought in almost 100 years decimates critical soy, wheat and corn production.. Soy and wheat crops were halved this year, while corn yield was cut by more than a third, according to official projections, slashing Argentina's exports in a sector crucial for the public purse.
