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economy

South Korea and Brazil sign deals on K-beauty, trade

South Korea and Brazil sign deals on K-beauty, trade

Brazilians could more easily get their hands on coveted "K-beauty" products under a deal struck Monday during President Luiz Inacio Lula da Silva's state visit to South Korea. Lula and South Korean leader Lee Jae Myung signed a slew of agreements with the Brazilian president

Zimbabwe farmers seek US help over long-promised payouts

Zimbabwe farmers seek US help over long-promised payouts

As white Zimbabwe farmers again ask the Trump administration to weigh in on long-promised government compensation for their evictions 25 years ago, many of them are increasingly ageing and desperate. Farmers' unions engaged a US lobbying firm late last year to raise their plight in Washington in the

Copper, a coveted metal boosting miners

Copper, a coveted metal boosting miners

BHP, Glencore and Teck Resources -- three mining giants whose annual results have revealed significantly increased profits thanks in large part to soaring copper prices. AFP explores the reasons behind the gains. - Profits boost - Australian resources group BHP saw net profit surge almost 28 percent to US$5.64 billion in

'Solar sheep' help rural Australia go green, one panel at a time

'Solar sheep' help rural Australia go green, one panel at a time

Australian farmer Tom Warren's solar panels look like any other -- until you spot the dozens of sheep grazing and napping, helping the country transition to green energy and earning him a decent income while doing it. More than 30,000 solar panels are deployed across approximately 50 hectares

Libya's Ramadan celebrations tempered by economic woes

Libya's Ramadan celebrations tempered by economic woes

Libyans have been enjoying Ramadan with feasts and fireworks -- but soaring prices, a devalued currency and political divisions have left many with little to celebrate. Fifteen years on from the fall of longtime leader Muammar Gaddafi, the country remains split between east and west, while shortages of goods, including fuel,

Brazil, India ink critical minerals deal as leaders meet

Brazil, India ink critical minerals deal as leaders meet

India and Brazil agreed to boost cooperation on critical minerals and rare earths on Saturday, Prime Minister Narendra Modi said after talks in New Delhi with Brazilian President Luiz Inacio Lula da Silva. "The agreement on critical minerals and rare earths is a major step towards building resilient supply

Brazil, India eye critical minerals deal as leaders meet

Brazil, India eye critical minerals deal as leaders meet

India's Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva were holding talks in New Delhi on Saturday, seeking to boost cooperation on critical minerals and rare earths. Brazil has the world's second-largest reserves of these elements, which are used in everything