Near Kunri, a southern Pakistani town known as Asia’s chilli capital, 40-year old farmer Leman Raj rustles through dried plants looking for any of the bright red chillis in his largely destroyed crop which may have survived. “My crops suffered heavily from the heat, then the rains started, and the weather changed completely. Now, because … Read more
The rapacious rise of the dollar is set to wipe more than $10bn from US corporate earnings in the third quarter, analysts estimate, piling pressure on companies that are already grappling with high prices and a gloomy domestic outlook. The dollar’s strength has been eating into US earnings all year, taking its toll on makers … Read more
Ukrainian President Volodymyr Zelenskyy said there were dead and wounded in blasts that rocked cities across Ukraine on Monday and accused Russia of trying to wipe his country “off the face of the earth.” “They are trying to destroy us and wipe us off the face of the earth…destroy our people who are sleeping at … Read more
The American Israel Public Affairs Committee (AIPAC) has spent more than $24 million to defeat progressive candidates in this year’s Democratic primaries. The United Democracy Project (UDP), an AIPAC-affiliated super PAC, has already spent $24.2 million on Democratic primaries this cycle, including millions that it raised from top Republican megadonors like Paul Singer and Bernard … Read more
(Bloomberg) — US social-media giants shed nearly $47 billion in market value in extended trading Thursday, as disappointing revenue from Snap Inc. raised concerns about the outlook for online advertising. Most Read from Bloomberg The Snapchat parent plummeted 27% in the after-hours session. Facebook parent Meta Platforms Inc. and Pinterest Inc dropped more than 4% … Read more