Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
TEHRAN, Iran (AFP) — Iran’s foreign minister said Tehran will deliver its “final” proposal later Monday on talks to revive its 2015 nuclear accord with world powers, after Washington had accepted key demands. “The American side has verbally accepted the two demands” from Iran, said Hossein Amir-Abdollahian, as quoted by state news agency IRNA, without specifying what the demands were. “We will send our final proposals in writing by midnight (1930 GMT)” Monday, he added. […]
NEW YORK, United States (AFP) — Oil prices fell Monday on the prospects of a return of Iranian oil to the market and data showing China’s economic recovery stuttering under Covid-19 restrictions. Stock markets were broadly steady and the dollar traded mixed as investors digested the latest developments, including the surprise move by China’s central bank Monday to slash interest rates as a raft of data showed industrial production and retail sales growth for July […]
MOSCOW, Russia (AFP) — Russian Defense Minister Sergei Shoigu and UN chief Antonio Guterres discussed the security situation at the Zaporizhzhia nuclear plant in Ukraine, which is currently under Moscow’s control and has been the target of fighting, Moscow said on Monday. “Sergei Shoigu conducted telephone negotiations with UN Secretary-General Antonio Guterres regarding the conditions for safe operation of the Zaporizhzhia nuclear power plant,” the Russian defense ministry said in a statement. The plant, Europe’s […]
NEW YORK, United States (AFP) — It’s not too late for a road trip: The US average price of gasoline at the pump has finally fallen below $4.00 a gallon, providing a bit of relief for Americans struck by massive inflation at almost every turn. In the wake of the Russian invasion of Ukraine, prices soared, pushing past $5.00 for the first time in mid-June, according to the American Automobile Association (AAA). Falling global oil […]
Gasoline prices to have 10 centavo/liter rollback; diesel prices to be cut by P1.05/liter (Eagle News) – Oil companies will once again implement a price rollback of petroleum products effective Tuesday, August 16, but much lower than previous price cuts in the previous weeks. Gasoline products will be reduced by 10 centavos per liter, while diesel prices will have a bigger slash of P1.05 centavos per liter. Kerosene prices will be reduced by 45 centavos […]
2 SRA execs resign after controversy erupts around Sugar Order no. 4 which Palace says PBBM did not approve (Eagle News) – President Ferdinand “Bongbong” Marcos Jr., said he is amenable to the importation of at least 150,000 tons of sugar by October if stocks are not enough. In his vlog on Sunday, August 14, the President said the government could import a fair amount of sugar by October at 150,000 metric tons, or half […]
(Eagle News) — A 4.1-magnitude earthquake struck off Davao Oriental on Monday, Aug. 15. According to the Philippine Institute of Volcanology and Seismology, the quake hit at 9:38 a.m. The epicenter was 65 kilometers southeast of Tarragona. The depth of focus was 12 kilometers. No damage to property nor aftershocks were reported.
OSLO, Norway (AFP) – A wooden bridge collapsed in southern Norway on Monday, sending a car and truck hurtling into a river, police said. The two-lane bridge was inaugurated in 2018 and is 148 metres (485 feet) long and 10 metres wide. It also has a pedestrian sidewalk. “Tretten bridge is reported to have collapsed. A truck and a passenger car are said to have gone into the water,” local police said in a tweet. […]
by Hiroshi HIYAMA Agence France Presse TOKYO, Japan (AFP) — Japan’s economy expanded in the three months to June, official data showed Monday, after the government lifted Covid-19 curbs on businesses. The world’s third-largest economy grew 0.5 percent quarter-on-quarter due to stronger consumption and capital investment, but the rise was below market expectations of 0.7 percent. While the country never imposed strict stay-at-home orders during the pandemic, the government in March removed virus restrictions […]
by Aishwarya KUMAR Agence France-Presse NEW DELHI, India (AFP) — India marked the 75th anniversary of independence on Monday with Prime Minister Narendra Modi giving a speech from Delhi’s historic Red Fort, which was decorated with portraits of freedom fighters and guarded by mechanical elephants. Following a 21-gun salute, reportedly executed using howitzers made domestically for the first time under Modi’s “Make In India” industrial strategy, the prime minister said Indians should shed “colonialism in […]
by Khaled DESOUKI Agence France-Presse CAIRO, Egypt (AFP) — Funerals were held in two Cairo churches Sunday evening for 41 victims of a fire that ripped through a Coptic Christian church during mass, forcing worshippers to jump out of windows. The blaze, blamed on an electrical fault, hit the Abu Sifin church in densely populated Imbaba, a working class district west of the Nile River, part of Giza governorate in greater Cairo. Hundreds gathered to […]
by Joseph Boyle Agence France-Presse PARIS, France (AFP) — The bitcoin boom spawned new billionaires and videos of beach parties and Lamborghinis. The crypto crash brought devastation for small investors and bankruptcy for many companies. Blockchain technology underpins crypto and has been hailed as a world-changing innovation, but does it have any use beyond creating speculative financial instruments? AFP asked crypto critic Stephen Diehl, author of recently published “Popping the Crypto Bubble”, to run the […]
