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LatAm food crisis on the table at Ibero-American summit

Addressing a food crisis affecting a fifth of Latin America's population featured high on the agenda of an Ibero-American leaders summit that started in the Dominican Republic on Friday.. "Many issues on the agenda of this Ibero-American summit will be the main ones of the July summit," he told AFP. These include to "strengthen ties and coordination between Europe and the region to address three issues: food security, environmental challenges and how to cooperate to increase access to technology."

Fri, Mar 24, 2023 2 mins read

Tech News

French retailer Leroy Merlin says to quit Russia

French DIY retailer Leroy Merlin said Friday it would exit Russia, ending an 18-year presence that came under intense scrutiny after President Vladimir Putin's army invaded Ukraine last year.. Ukrainian President Volodymyr Zelensky called out Auchan and Leroy Merlin in a speech in Paris last year, saying they "must stop sponsoring the Russian war machine".

Fri, Mar 24, 2023 3 mins read

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Microsoft's Activision bid gets a boost in UK

Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard scored a victory on Friday as Britain's competition regulator narrowed the scope of its probe to cloud gaming.. Xbox-owner Microsoft launched last year its bid to create the world's third biggest gaming company by revenue with the takeover of Activision, owner of hit games "Candy Crush" and "Call Of Duty", triggering European antitrust concerns.

Fri, Mar 24, 2023 1 mins read

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EU leaders insist eurozone banking sector stable

EU leaders and the head of the European Central Bank scrambled on Friday to reassure the markets that the eurozone banking sector is resilient and able to withstand shocks, after European bank shares plunged.. Macron echoed these assurances: "European banks' fundamentals are solid.

Fri, Mar 24, 2023 2 mins read

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Chad nationalises former ExxonMobil firm after disputed sale

Chad has announced it has nationalised a former subsidiary of US oil and gas giant ExxonMobil, whose sale to a British company last year it had contested.. Chad had immediately contested the sale, saying it had gone ahead despite the government's "express objections" and in violation of its right of first refusal.

Fri, Mar 24, 2023 1 mins read

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Biden discusses trade, migration challenges in Canada

US President Joe Biden was set to meet Friday with Prime Minister Justin Trudeau and address Canada's parliament, amid reports that a deal has been struck on managing undocumented migration across the neighbors' long border.. As Biden flew from Washington late Thursday, there were reports that another hot button issue in the otherwise smooth relationship had been resolved through a deal to clamp down on undocumented migration by asylum seekers passing through the United States into Canada.

Fri, Mar 24, 2023 2 mins read

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UK and EU approve new N.Ireland Brexit trade pact

The UK and European Union on Friday formally adopted a post-Brexit deal to overhaul Northern Irish trade rules, prompting Brussels' pointman on the thorny issue to proclaim "the opening of a new chapter" in ties.. Northern Ireland remains in the European customs union and single market for goods because of the need to keep an open border with EU member Ireland to the south as part of a 1998 peace deal.

Fri, Mar 24, 2023 3 mins read

Tech News

Biden discusses trade, migration challenges in Canada

US President Joe Biden was set to meet Friday with Prime Minister Justin Trudeau and addressing Canada's parliament, amid reports that a deal has been struck on managing undocumented migration across the neighbors' long border.. As Biden flew from Washington late Thursday, there were reports that another hot button issue in the otherwise smooth relationship had been resolved through a deal to clamp down on undocumented migration by asylum seekers passing through the United States into Canada.

Fri, Mar 24, 2023 2 mins read

Tech News

China says does not ask firms for foreign data as TikTok row grows

China insisted Friday it does not ask companies to hand over data gathered overseas, as the Chinese-owned TikTok faces mounting calls for a ban in the United States.. Beijing on Friday denied it would ask Chinese firms to hand over data gathered overseas and claimed it "attaches great importance to protecting data privacy".

Fri, Mar 24, 2023 3 mins read

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South Korea to seek extradition of crypto fugitive Do Kwon

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.. In South Korea, where Kwon is wanted for violations of the country's capital markets act, authorities confirmed Friday that they would seek his extradition.

Fri, Mar 24, 2023 3 mins read