-
Kenya's economy faces climate change risks: World Bank
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Stocks diverge on earnings, as oil steadies
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Seoul extends losses as most Asian markets drop, oil rises again
-
Car maker Stellantis says back in profit in second quarter
-
Gambling.com Group Is Now Grandstand
-
Samsung quarterly operating profit up 1,800% on AI boom
-
Meet the astronomer digging into the Milky Way's 'fossils'
Iran searches for downed US jet crew, as US media says one member rescued
Iran launched a hunt for the US crew whose jet Iranian media said had been shot down by the Islamic republic's air defence systems Friday, deploying troops and offering a bounty.
US media reported US special forces had rescued one of the two crew members, and a local official television station in southwestern Kohgiluyeh and Boyer-Ahmad province aired footage of what it said was wreckage of the downed plane.
The war started more than a month ago with US-Israeli strikes on Iran that killed supreme leader Ali Khamenei, triggering a retaliation that spread the conflict throughout the Middle East, convulsing the global economy and impacting millions of people worldwide.
US Central Command (CENTCOM), responsible for military operations in the Middle East, did not immediately respond to an AFP request for comment on what would be the first known loss of a jet inside Iran since Trump ordered the war.
"Dear and honourable people of Kohgiluyeh and Boyer-Ahmad province, if you capture the enemy pilot or pilots alive and hand them over to the police and military forces, you will receive a valuable reward and bonus," said an Iranian television reporter on the official local channel.
The report of the downed jet came as fresh strikes hit Israel, Iran, Lebanon and Gulf countries.
Meanhwile, large blasts rocked northern Tehran, an AFP journalist said. Israel said it had launched a wave of strikes in the Iranian capital, alongside parallel attacks in Beirut.
- Blown-out windows -
Earlier, Israel's military reported a new missile salvo from Iran, activating its air defences.
Strikes by all sides have increasingly targeted economic and industrial sites, raising fears of wider disruption to global energy supplies.
In a post on his Truth Social platform, Trump said the US military "hasn't even started destroying what's left in Iran. Bridges next, then Electric Power Plants!", after US strikes damaged Iran's tallest bridge.
In the area around the bridge, in Karaj, west of Tehran, an AFP reporter saw a villa and residential buildings with blown-out windows -- but no military installations.
According to the deputy governor of Alborz province, the attack killed eight civilians and wounded 95 others.
About 70 percent of Iran's steel production capacity has been taken out, Israel said Friday.
In Abu Dhabi, Iran's neighbour across the Gulf, metal giant Emirates Global Aluminium meanwhile said it could take up to a year before it can resume full production, after its site was damaged by Iranian strikes.
- Ex-FM urges peace deal -
Writing in the US journal Foreign Affairs, Iran's former foreign minister, Mohammad Javad Zarif, said Tehran should make a deal with the United States to end the war by offering to curb its nuclear programme and reopen the Strait of Hormuz in exchange for sanctions relief.
Iran has virtually blocked the key waterway since the war began, where in peace time one-fifth of the world's oil and natural gas passes through.
Of the few ships that have managed to cross, most have had links to Iran, with sixty percent of commodity-bearing ships crossing the strait either coming from Iran or heading there, an AFP analysis of maritime data showed.
In the first known transit by a major European shipping group since March 1, the Maltese-flagged Kribi, belonging to the French maritime transport group CMA CGM, crossed the strait to exit the Gulf on Thursday, according Marine Traffic data analysed by AFP.
Three other ships, including one co-owned by a Japanese company, crossed Thursday, as commodities carriers see a 94 percent drop in traffic compared to peace time, according to data from business analyists Kpler.
Iranian military spokesperson Ebrahim Zolfaghari warned that, in response to Trump's threats to attack infrastructure, Iran would increase its own attacks on energy sites in the region.
A drone attack on a refinery owned by Kuwait's national oil company on Friday sparked fires at several of its units, state media said.
Later, an Iranian attack damaged a power and desalination complex, Kuwait's water and electricity ministry said.
In Abu Dhabi, a gas complex shut after a fire broke out, following an attack that resulted in "falling debris" upon interception, the government media office said.
- Trump wants bigger defence budget -
Meanwhile, the Israeli military said Friday it had struck more than 3,500 targets across Lebanon in the month since fighting with Iran-backed Hezbollah militant group.
It added it would attack two bridges in Lebanon's eastern Bekaa region "in order to prevent the transfer of reinforcements and military equipment".
Lebanon's health ministry said on Thursday that 1,345 people had been killed -- and 4,040 wounded -- since the start of the war, including 1,129 men, 91 women and 125 children. Among those are 53 healthcare workers.
Hezbollah has so far not announced its losses.
The United Nations Interim Force in Lebanon said a blast wounded three peacekeepers, the third such incident in a week.
A UNIFIL spokesperson said the origin of the explosion was unknown.
The war's economic impact is rippling far beyond the Middle East, as energy and oil costs surge.
At a protest in Lahore, Pakistan, over fuel price hikes, Naveed Ahmed, 39, told AFP: "The government, overnight, has dropped a 'petrol bomb' on its people."
Meanwhile, the White House on Friday sent a spending proposal to lawmakers calling for a massive hike to the US defence budget.
It remains to be seen what Congress will ultimately approve, but US media reported the $1.5 billion budget request -- a 42 percent hike -- would be the largest year-on-year increase in Pentagon spending since World War II.
H.Meyer--CPN