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French army says prepared for 'toughest' engagements
French land forces are ready to respond to any threat as they prepare for even "the toughest engagements", their commander said in remarks published Tuesday."To protect itself from any attack and to defend its interests, the French army is preparing for even the toughest engagements," he said.
2-min read - NewsAFP News
Pakistan interior minister urges new laws for online speech
Pakistan's new interior minister said Tuesday the country needed better laws to regulate internet free speech, as disruption of social media platform X stretched into its fifth week."We need to make better laws," Interior Minister Mohsin Naqvi said when asked whether his ministry was responsible for the X shutdown.
2-min read - BusinessReuters
Stubbornly high food prices slowing drop in India's inflation to 4%, cenbank says
Price pressures in India are ebbing but temporary spikes in food prices are curtailing a swifter fall in headline inflation towards the central bank's 4% target, the Reserve Bank of India (RBI) said in its March bulletin released on Tuesday. "Inflation is on the ebb; the steady decline in core inflation would have taken down headline inflation towards the target of 4% even sooner and faster, but for the repetitive incidence of short amplitude food price pressures," the RBI said in an article in
2-min read - NewsAFP News
Hong Kong legislature passes new national security law
Hong Kong's legislature unanimously passed a new national security law on Tuesday, introducing penalties such as life imprisonment for crimes related to treason and insurrection, and up to 20 years' jail for the theft of state secrets. Penalties run up to life in prison for sabotage endangering national security, treason and insurrection; 20 years for espionage and sabotage; and 14 years for external interference.
3-min read - NewsAFP News
US defence chief says Washington will not let Ukraine fail
Defense Secretary Lloyd Austin promised Tuesday that the United States will not let Ukraine fail, even as further aid remains stalled in Congress and Kyiv's forces face shortages of munitions.The "United States will not let Ukraine fail", Austin said at the opening of a meeting in Germany of Ukraine's international supporters, at which he is seeking to secure further assistance for Kyiv.
2-min read - BusinessAFP News
Yen drops, stocks mixed as Japan hikes rates at last
The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years owing to elevated inflation.The Japanese currency fell more than one percent against the dollar to 150.69 yen at 0955 GMT after the central bank also poured cold water on expectations of more hikes, sending the Tokyo stock market racing higher.
3-min read - BusinessReuters
Central banks use AI to assess climate-related risks
Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related financial risks, just as the volume of disclosures from banks and other companies is set to rise. The Bank for International Settlements, a forum for central banks, the Bank of Spain, Germany's Bundesbank and the European Central Bank said their experimental Gaia AI project was used to analyse company disclosures on carbon emissions, green bond issuance and
2-min read