Ethiopian President Abiy Ahmed and rebel group Oromo Liberation Army (OLA) are blaming each other's military forces after an unconfirmed number of civilians were killed Monday in the country's Oromia region. [...]

Sri Lanka is 'bankrupt,' Prime Minister says

Sri Lanka is "bankrupt," Prime Minister Ranil Wickremesinghe said Tuesday, as the country suffers its worst financial crisis in decades, leaving millions struggling to buy food, medicine and fuel. [...]

South Korea bets on nuclear power, restarting construction on two reactors

South Korea, one of the world's most fossil fuel-reliant economies, is re-embracing nuclear energy, with the government announcing Tuesday it will restart construction on two nuclear reactors and extend the life of those already in operation. [...]

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Sri Lankans return to cooking with firewood as economy burns

by Amal JAYASINGHE Agence France Presse NEHINNA, Sri Lanka (AFP) — As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of everything from medicines to gas, people are returning to cooking with firewood. The switch began at the beginning of the year when more than 1,000 kitchens exploded across the country, killing at least seven people and injuring hundreds more. The reason was suppliers looking to cut costs and increasing […] [...]

Oil rises after sell-off but euro stuck at 20-year low, equities drop

HONG KONG, China (AFP) — Oil prices rose Wednesday after suffering a painful drop the previous day, though the euro remained wedged at a 20-year low and equities mostly fell in Asia as recession fears continue to flow through trading floors. Both main crude contracts were pummelled Tuesday as investors grow increasingly worried that leading economies will contract this year or next owing to sharp central bank interest rate hikes aimed at fighting decades-high […] [...]

Fresh Covid outbreaks put millions under lockdown in China

BEIJING, China (AFP) — Tens of millions of people were under lockdown in China on Wednesday as businesses in a major tourist city were forced to shut their doors and fresh clusters sparked fears of a return to blanket restrictions. Health authorities reported over 300 infections Wednesday, with clusters found in the historic northern city of Xi’an — home to the Terracotta Army — as well as the country’s biggest city Shanghai. The fresh […] [...]