12 mins ago
Economist Jayati Gosh believes a windfall tax is a "no-brainer". "The difficulty is how do you establish how much is windfall? It's very complicated," Ghosh tells FRANCE 24. She is a professor of economics at the University of Massachusetts Amherst and the newly appointed co-chair of the Independent Commission for the Reform of International Corporate Taxation.
45 mins ago
Sweden's Riksbank has kicked off what's expected to be a series of interest rate hikes around the world, as central banks struggle to curb inflation. The 100 basis point hike is Sweden's biggest in three decades, in response to a cost-of-living crisis that's affecting households and businesses.
1 hour ago
Hurricane Fiona has hit Canada's Atlantic coast with strong rains and wind after brushing past Bermuda. Experts say it could become one of the most severe storms Canada has ever seen.
1 hour ago
Seven months since the Russian invasion of Ukraine began, repairing worn-out Western weapons is becoming increasingly important. The workshop for doing so is to be built on the Polish-Ukrainian border.
2 hours ago
The Iranian president has called for action to be taken against widespread protests following the death of a young woman.
3 hours ago
Giorgia Meloni, leading a center-right coalition, is on track to become Italy's first woman prime minister ever and its first far-right leader since Benito Mussolini. The main center-left group has conceded defeat.