Chinese property firm Country Giant posts record losses, warns of potential default
31 August 2023 | 4:39 pm
China's largest property developer, Country Garden, warned that it is on the brink of default as it reported a staggering loss of almost $7 billion for the first half of the year, deepening a real estate crisis that threatens to unravel the country's already fragile economy.
April 30, 2023
FRANCE 24 spoke to Natalia Gavrilita, who was prime minister of Moldova from August 2021 until February 2023. She reacted to the recent protests calling for the resignation of President Maia Sandu, saying that a US State Department document "clearly indicates evidence of Russian meddling in Moldova's democratic process".
British American Tobacco is being hit with a historic penalty for violating US sanctions on North Korea. US officials said the company was aware it was breaking the rules.
The former prime minister had been dragged out of a court building and arrested, triggering riots across Pakistan. The same court is now due to decide if Imran Khan will stay in custody.
Extra tuition costs take a large bite out of family finances and are a contributing factor to families choosing to have only one child.
The movie measures of men spotlights the first genocide of the 20th century in which tens of thousands of indigenous Nama and Herero were slaughtered by german soldiers. The film bids to confront viewers with the harsh realities of colonial violence.
Cormac McCarthy, the Pulitzer Prize-winning novelist who in prose both dense and brittle took readers from the southern Appalachians to the desert Southwest in such novels as “The Road,” “Blood Meridian” and “All the Pretty Horses,” died Tuesday. He was 89.
Congolese dancer Faustin Linyekula honours his beautiful and troubled country through dance. The prolific award-winning artist, who's been a fixture of dance festivals in Avignon, Brussels and Johannesburg since the early 2000s, is in France with two shows at the Chaillot theatre in Paris. He speaks to Eve Jackson about reconnecting with Africa's history – lost and forgotten because of colonisation – and why he returned to his homeland to create his company Studio Kabako after establishing an international career as a dancer and choreographer.
In the Spanish countryside, farmland is being turned into space for solar panels and wind farms. Spain's government wants to produce at least 74 percent of its electricity from renewable energy by 2030, an increase of 16 percent in five years. To meet those targets, the country is opting for giant solar farms, particularly in the southern Andalusia region. That's angering farmers – some of whom are having their land expropriated – and even some ecologists. Our correspondents report.
Despite months of protests, the Israeli parliament has passed a crucial element of the government's controversial judicial reform which could change the balance of power and further divide Israeli society.
A giant, glowing X marks the San Francisco spot where Elon Musk says he plans to keep his company, the messaging platform X, formerly known as Twitter. But city officials and some residents are unhappy with the display.
An undisclosed European government has bought dozens of second-hand tanks that once belonged to Belgium, according to the weapons dealer who sold them. The vehicles are to be stripped, repaired and then sent to Ukraine.
2 hours ago
The New York Times looks at Dubai's particularly fragile position in terms of climate change.
2 hours ago
Cristiano Ronaldo is facing a class-action lawsuit in the US due to promoting Binance, the world's largest cryptocurrency exchange. The plaintiffs claim that his endorsement led them to make loss-making investments and are seeking $1bn in damages.
3 hours ago
More than 1,000 Rohingya Muslims have arrived in Indonesia by boat this month. They have been fleeing Bangladesh's overcrowded refugee camps where conditions have worsened.
3 hours ago
Thanks to a Constitutional Court ruling, Germany's federal budget for this year is now €60 billion short. But closing the gap with new loans is prohibited by the constitution.
4 hours ago
Over 250,000 have died in a single year just from pollution caused by fine particulate matter, with ozone and nitrogen-dioxide also claiming lives, a new EU report has found.
4 hours ago
British Prime Minister Rishi Sunak is welcoming some 200 business leaders to Hampton Court for a forum aimed at boosting foreign investment in the UK. Also, US holiday shoppers seek out deeper discounts as Black Friday continues its move online, and Meta faces accusations of courting users aged under 13 in a US federal lawsuit.
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