AFP news

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OPEC+ Expected To Extend Oil Supply Cuts

Without a new agreement, the eight countries which have been making voluntary additional production cuts of 2.2 million barrels per day are currently set to begin increasing production beginning in January to gradually return it to 2022 levels.

Russia FM To Malta In First EU Trip Since Ukraine Invasion

Neither the Russian diplomat or his Ukrainian counterpart, Andriy Sybiga, commented as they arrived for the meeting of the Organization for Security and Cooperation in Europe (OSCE), which was also attended by US Secretary of State Antony Blinken

Namibia Elects Its First Woman President

Nandi-Ndaitwah, 72, becomes the first woman to rule the mineral-rich southern African country that has been governed by the South West Africa People's Organization (SWAPO) since independence from apartheid South Africa in 1990.

Huge Vietnam Fraud Case Raises Questions Over Banking System

Judges on Tuesday upheld the death sentence of property developer Truong My Lan, who was convicted this year of embezzling vast sums from the Saigon Commercial Bank (SCB), which she controlled, having borrowed from tens of thousands of small investors.

Soldiers Vs Office Chairs: South Korea's Martial Law Standoff

Shortly after President Yoon Suk Yeol declared martial law late Tuesday -- the first time it had been imposed in the South in over four decades -- helicopters ferried the heavily-armed troops into the compound of South Korea's parliament, the footage showed.

US Fed Officials See Inflation Fight As Broadly On Track

The US central bank has been on a journey since the Covid-19 pandemic, hiking interest rates to a two-decade high and holding them there in order to tame a surge in inflation, before starting to dial back rates in recent months.

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