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'Stunned' Madrid mourns pensioner who sparked housing protests

One of hundreds of housing protesters camping in central Madrid, Aitana Lopez felt duty-bound to pay tribute to a pensioner whose eviction sparked a movement that culminated in early elections.

Riyadh kindergarten hit by interception debris as Houthis say targeted airport

The Saudi civil defence agency said a kindergarten and a medical complex in Riyadh were damaged by debris from a missile interception on Thursday, after Yemen's Houthis said they had targeted the capital's airport.

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As chatbot sophistication grows, AI debate intensifies

California start-up OpenAI has released a chatbot capable of answering a variety of questions, but its impressive performance has reopened the debate on the risks linked to artificial intelligence (AI) technologies.

Russia denounces oil price cap agreed by EU, G7

Russia on Saturday denounced a $60 price cap on its oil agreed by the EU, G7 and Australia, even as Ukraine suggested it was not tough enough and might have to be revisited.

Scandal-hit S. African President Ramaphosa seeks to hang on to power

South Africa's President Cyril Ramaphosa, embroiled in scandal and under threat of impeachment, has no intention of resigning and will fight both politically and judicially, people close to him said Saturday.

Ukraine welcomes Russian oil price cap agreed by EU, G7

Ukraine on Saturday welcomed a $60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it would "destroy" Russia's economy.

On Ischia, illegal construction blamed for deadly landslide

Ischia, the little Italian island hit by a deadly landslide last weekend, is a victim of geography and weather but also of illegal construction, experts and politicians agree.

Global stocks mixed after strong US jobs data

Stock markets were mixed Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.

US green plan should be 'wake-up call' for EU industry: French minister

French Finance Minister Bruno Le Maire on Friday said Washington's $430 billion plan to spur climate-friendly technologies in the United States must be seen as a wake-up call for Europe.

Biden warns 'silence is complicity' after Kanye's Hitler outburst

President Joe Biden Friday called on US political leaders to denounce anti-Semitism, days after Donald Trump hosted a well-known Holocaust denier and the rapper Kanye West -- whose virulent outbursts culminated this week with praise of Adolf Hitler.

EU agrees to impose price cap on Russian crude

The European Union will join the G7 powers in imposing a $60-per-barrel price cap on Russian oil, the Polish ambassador to the bloc said Friday, three days ahead of an EU embargo on imports by sea.

Biden signs emergency law forcing US rail unions to accept wages deal

US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a salary deal, avoiding a possibly devastating strike -- but putting the pro-union Democrat in an awkward political position.

Austria must continue to cut Russian gas reliance: OMV CEO

Austria has cut its dependence on Russian gas but it must keep up efforts to diversify its supplies for the next cold season, the head of Austrian energy group OMV told AFP.

Biden signs emergency law forcing rail unions to accept wages deal

Ecuador seeks to protect unique Galapagos birds from flu

Ecuador has put in place a plan to try and protect its unique wild bird species on the Galapagos islands from the H5N1 virus also rampaging through Europe and North America.

European gas pipe dreams become reality in eastern France

Underneath the lush countryside in eastern France lie the pipelines expected to rescue Europe before a winter without Russian gas.

US hiring tops expectations in November as wages pick up

US job gains were unexpectedly robust in November despite efforts to cool the economy, while unemployment held steady and wages ticked up, the government reported Friday.

Stocks fall after strong US jobs data

Stock markets fell on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.

Energy crisis driving climate-friendly power savings: IEA

Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" to tackle high prices, security and climate change, the IEA said on Friday.

'No surrender': ragtag militia helps hold Ukraine line in Donbas

Underarmed and with limited ammunition, Volodymyr Regesha is adamant his volunteer battalion won't be joining the Ukrainian army even if it means taking their chances on the front.

European stocks, oil steady before US jobs data and OPEC

European stock markets and oil prices steadied Friday before key US jobs data and an oil output decision by OPEC and its Russia-led allies.

Musk's free speech absolutism 'a fantasy'

The limits of Elon Musk's self-professed "free speech absolutism" were laid bare, critics said, when he banned rapper Kanye West from Twitter over his latest anti-Semitic outburst on Thursday.

Sun to go down on Elton John's final UK tour at Glastonbury

After Paul McCartney, the Glastonbury music festival on Friday again rolled back the years by announcing Elton John as its headline act next June to close out his final UK tour.

Street life: Manila's homeless find shelter in pushcarts

Like thousands of homeless people in the Philippine capital Manila, Maricel Abawag and her son used to sleep on flattened cardboard boxes laid out on footpaths. Then they got a pushcart.

LGBTQ groups seek legal ban on Swiss conversion therapy

LGBTQ organisations in Switzerland are concerned that without swift action, the country could become a haven for conversion therapy, which is banned in neighbouring France and Germany.

Biden, Macron pledge US-French alliance on Ukraine, democracy

US President Joe Biden and French President Emmanuel Macron emerged from White House talks Thursday pledging to close ranks in helping Ukraine and pressuring Russia's Vladimir Putin to make peace.

Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.

Hair transplant fad turns deadly in India

All that balding Indian television executive Athar Rasheed wanted was to look handsome and get married. But the 30-year-old's seemingly harmless hair transplant went fatally wrong.

Dollar falls after Federal Reserve shift in tone, stocks mixed

The dollar continued to retreat Thursday on shifting expectations for US monetary policy, while global stocks finished mixed after digesting data showing record low eurozone unemployment and a moderation in US inflation.

US Congress approves bill to avert major freight rail strike

The US Congress passed legislation Thursday to avert a freight rail strike that could have been devastating for the economy, intervening to break an impasse between workers and management as the holiday season approaches.

US, France vow to settle spat over green industry subsidies

President Joe Biden said Thursday US support for green industry was not intended to be at Europe's expense as he and French leader Emmanuel Macron pledged to surmount a serious transatlantic trade dispute.

Equities slow after gains on Fed rate optimism

Stocks diverged Thursday after Federal Reserve boss Jerome Powell signalled a moderation in interest rate hikes, as fears over the health of the global economy persist.

EU chief hails 'pragmatic spirit' of UK talks on post-Brexit issues

Ursula von der Leyen on Thursday hailed a "more pragmatic spirit" in talks between the UK and the European Union aimed at resolving post-Brexit trade problems in Northern Ireland.

SpaceX again postpones Japanese moon lander launch

SpaceX on Wednesday postponed the launch of the world's first private lander to the Moon, a mission undertaken by Japanese firm ispace.

Berliner Tageblatt - Economy (English)