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China tests building Moon base with lunar soil bricks

China is expected to push forward in its quest to build the first lunar base on Friday, launching an in-space experiment to test whether the station's bricks could be made from the Moon's own soil.

'Megaquake' warning hits Japan's growth

Japan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.

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Ukraine war robs India's 'Diamond City' of its sparkle

Yogesh Zanzamera lays out his bed on the floor of the factory where he works and lives, one of around two million Indians polishing diamonds in an industry being hit hard by the Ukraine war.

Ukraine, hunger, inflation: G7 leaders navigate myriad of crises

G7 leaders including US President Joe Biden gather on Sunday in southern Germany, seeking emphatic backing for Ukraine against Russia's invasion while grappling with the intensifying global fallout of the war.

Americans seeking abortion get help from Mexico

Facing high medical costs and pressure to reconsider, a single mother living in California turned to activists across the border in Mexico who helped her have an abortion.

Fresh transport strikes hit UK, mainland Europe

Britain's railway system once again came to a virtual standstill on Saturday and flights in Europe were disrupted as strikes in the travel sector hit the continent.

Ukraine reports 'massive' attack from Belarus

Ukraine said it came under "massive bombardment" Saturday from neighbouring Belarus, a Russian ally not officially involved in the conflict, the day after announcing a retreat from the strategic city of Severodonetsk.

Quake-hit Afghan village struggles back to life as aid trickles in

A ruined village in eastern Afghanistan, just 10 kilometres (six miles) from the epicentre of this week's deadly earthquake, is struggling back to life as aid trickles into the isolated region.

Summer travel misery ahead as industry workers in revolt

A spiral of worker strikes in Europe's crucial aviation sector and cancelled flights at a time when millions of travellers are looking to escape for the summer, threaten the sector's tentative recovery.

US sports stars shocked by 'terrifying' abortion decision

Sports stars across the United States reacted with shock and anger on Friday after the Supreme Court's decision to scrap the right to abortion after nearly five decades.

18 migrants die in mass attempt to enter Spain's Melilla

The death toll following a mass attempt by a huge crowd of African migrants to cross from Morocco into Spain's Melilla enclave climbed to 18 on Friday, according to a new Moroccan update.

US recession would be 'necessary price' to defeat inflation: IMF chief

With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is facing an increased risk of a downturn, IMF Managing Director Kristalina Georgieva said Friday.

Abortion access threatened in half of US states

The US Supreme Court's overturning of America's constitutional right to abortion gives all 50 states the freedom to ban the procedure, with nearly half expected to do so in some form.

Indigenous farewell for expert killed in Amazon

Bruno Pereira, the Brazilian Indigenous expert murdered in the Amazon with British journalist Dom Phillips, was given a moving sendoff Friday by members of one of the tribes he had spent his life and work defending.

One justice in US abortion ruling sparks fears for same-sex marriage

A written opinion by one justice in the US Supreme Court's decision to bury abortion rights has ignited fears that other progressive gains, including same-sex marriage and contraception, could also be overturned.

Five migrants die in mass attempt to enter Spain's Melilla

Five migrant were killed and dozens were injured when a huge crowd tried to cross from Morocco into Spain's Melilla enclave on Friday, the latest migrant tragedy at the doors of Europe.

Stocks and oil rally

Global stock markets and oil prices jumped higher on Friday following recent heavy losses on fears that interest rate hikes aimed at cooling decades-high inflation will spark a global recession.

Ukraine forced to cede key battleground city

Ukrainian forces prepared Friday to retreat from the strategic city of Severodonetsk after weeks of fierce fighting, a setback that could pave the way for Russia to seize a larger swath of eastern Ukraine.

Stocks, oil prices push higher

Global stock markets and oil prices rose Friday following recent heavy losses on fears that interest rate hikes aimed at cooling decades-high inflation will spark a global recession.

Ryanair, Brussels Airlines strikes disrupt Europe air travel

Strikes by staff at Ryanair and Brussels Airlines over pay and working conditions on Friday forced the cancelation of dozens of flights in Europe as the busy summer travel season gets underway.

Thousands of migrants storm border fence in Spain's Melilla

Around 2,000 migrants tried to storm the border separating Spain's Melilla enclave from Morocco on Friday, the first such attempted mass crossing into the territory since the two nations mended diplomatic ties in March.

European stocks, oil prices rebound

European stock markets and oil prices recovered Friday following heavy losses this week on fears that interest rate hikes aimed at cooling decades-high inflation will spark a global recession.

Dozens of Suriname villages await aid following unprecedented floods

A boat meanders between the sheet metal roofs of houses in Baling Sula, one of numerous villages in central Suriname hit by devastating flooding.

Recession worries weigh on euro as US stocks advance

The euro retreated against the dollar Thursday as economic data pointed to increased prospects of recession in Europe, while Wall Street stocks finished higher following another volatile session.

Big Oil meeting with US govt cordial but no miracle gas price fix

Biden administration officials and oil industry executives huddled in Washington on Thursday to discuss potential steps to address runaway gasoline prices, and while both sides called the talks constructive, no concrete plans for relief emerged.

Chile workers end strike at world's largest copper producer

Workers at Chile's state mining company Codelco, the world's largest copper producer, called off an open-ended strike Thursday after reaching agreement with the government.

EU grants candidate status to Ukraine as US ships weapons

European Union leaders granted candidate status Thursday to Ukraine and Moldova in a strong show of support against Russia's invasion, as the United States said it was sending Kyiv more high-precision rocket systems.

Major US banks can weather severe economic downturn: Fed

The largest banks operating in the US market have sufficient resources to withstand a severe economic downturn and continue providing financing to American families and firms, the Federal Reserve said Thursday.

Fire and dance as spectacle returns to Paris fashion

With feats of contemporary dance and fiery orbs being flung from cranes, two of the showiest men's brands on Thursday brought some spectacle back to Paris Fashion Week after a subdued couple of years.

Biden summons Big Oil to meet on gas prices

The Biden administration has called oil giants to Washington Thursday to discuss what can be done to address runaway gasoline prices that are tanking the president's approval rating.

In Amazon region hit by double murder, poverty fuels violence

A short walk from the spot where British journalist Dom Phillips and Brazilian Indigenous expert Bruno Pereira set out for their final journey, people sit in the blistering sun breaking rocks into pieces with hammers.

Inflation-hit Turkey sticks to Erdogan's war on higher rates

Turkey's central bank on Thursday bucked global trends once again and kept its benchmark interest rate stable despite one of the highest levels of consumer price increases in the world.

Lebanese billionaire Mikati picked to form new govt

Lebanon's lawmakers designated incumbent Prime Minister Najib Mikati to form a new government Thursday, more than a month after parliamentary elections that yielded no clear majority.

Tunisia trade unions chief rejects IMF reforms

The head of Tunisia's powerful UGTT trade union on Thursday rejected International Monetary Fund conditions for a new loan to bail out the country's struggling economy and questioned the government's authority to negotiate.

Instagram trials AI tool to verify age of users

Photo sharing platform Instagram said on Thursday it was starting to trial a tool that relies on artificial intelligence (AI) to confirm the age of users in the United States.

Pfizer sets sights on elimination of blinding disease trachoma by 2030

Pfizer on Thursday said it would extend until 2030 a drug donation programme aimed at eliminating trachoma, an eye disease responsible for blinding or visually impairing nearly two million people worldwide.

Germany raises gas alert level after Russia cuts supply

Germany moved closer to rationing gas on Thursday as it raised the alert level under an emergency plan after Russia slashed supplies to the country.

'Like Covid never happened': Ibiza's nightclubs reopen

A crowd dances to the pulsing beat of electronic music, hands in the air, at the Pacha nightclub near the main marina on the Spanish holiday island of Ibiza.

Russia and China eye NATO's 'Arctic Achilles heel'

Russian flags flap in the stiff polar breeze, a bust of Lenin looms out of the snow and a vast slogan declares, "Communism is our goal!"

Monkeypox vaccine maker Bavarian Nordic ready to meet demand

As the lone laboratory manufacturing a licensed vaccine against monkeypox, Danish company Bavarian Nordic has seen its order book fill up as the usually rare disease spreads around the world.

China's Xi calls for stronger fintech oversight, security

A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown.

The Fort Worth Press - Economy (English)