Business

Algeria’s black market for foreign currency underlines its economic woes

ALGIERS, Algeria (AP) — In a square near the center of Algiers, currency traders carry wads of euros, pounds and dollars, hoping to exchange them to those worried about the plummeting value of the Algerian dinar. This black market for foreign currencies is among the signs of the economic woes plaguing Algeria. The state, reluctant to allow the exchange rate …

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Japón desciende al 4to sitio entre las economías del mundo, desplazado por Alemania

TOKIO (AP) — Japón descendió al cuarto sitio entre las economías más grandes del mundo en 2023, detrás de Alemania, según mostró información gubernamental difundida el jueves. Las cifras ponen de relieve cómo la economía japonesa ha perdido su competitividad gradualmente, a medida que la población se contrae a consecuencia del envejecimiento y una menor tasa de natalidad, dicen analistas. …

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Eni and TotalEnergies are swiftly developing natural gas deposits off Cyprus to supply Europe

NICOSIA, Cyprus (AP) — Eni said Wednesday that drilling to appraise a third natural gas discovery in waters off Cyprus shows the commitment of the Italian energy company and its French partner TotalEnergies to swiftly develop the deposit and bolster energy supply to Europe. Eni said in a statement the appraisal well has proven the “excellent gas deliverability capacity” of …

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How to keep yourself safe from romance scams this Valentine’s Day

NEW YORK (AP) — When Kate Kleinart fell victim of a romance scam, what hurt the most wasn’t the thousands of dollars that she lost, but the love that she thought existed between her and the person who scammed her. “Losing the love was worse than losing the money,” said Kleinart, 70, who lost tens of thousands to a romance …

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Kraft Heinz sales dip with some Americans swapping out brand name favorites

PITTSBURGH (AP) — Sales slipped during the fourth quarter for Kraft Heinz as some customers, pinched by a bout of inflation, traded down to cheaper brands or did not buy as much. A number of food makers, citing inflation, have raised product prices and that has helped preserve profits. But that can come at a cost to sales as some …

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