US economy shrinks again sparking recession fears
The US economy has shrunk for the second quarter in a row, a milestone that in many countries would be considered an economic recession.
That is not the case in the US, which uses additional data to make that call.
But the contraction, at an annual rate of 0.9% in the three months to July, has drawn widespread attention as worries about the economy grow.
Prices for groceries, petrol and other basics are rising at the fastest pace since 1981.
As the US central bank raises borrowing costs quickly to try to cool the economy and ease price pressures, fears are rising that a recession is coming - if it has not officially started already.
Hundreds of protesters storm Iraq parliament in support of cleric Moqtada al-Sadr
Hundreds of supporters of powerful Iraqi cleric Moqtada al-Sadr danced and sang in parliament after storming Baghdad’s high-security Green Zone in protest at a rival bloc’s nomination for prime minister.
Police fired barrages of teargas in a bid to stop the protesters from breaching the gates of the heavily fortified Green Zone, but the crowds surged forward and entered parliament.
“I am against the corrupt officials who are in power,” said protester Mohamed Ali, a 41-year-old day labourer, one of the hundreds who entered the zone that is home to both government buildings and diplomatic missions, before later leaving peacefully.
From Bridge of Spies to Anna Chapman and Viktor Bout: A history of US-Russian prisoner swaps
The former Cold War adversaries are in talks to off pull off yet another historic exchange
President Joe Biden has reportedly offered to swap Russian arms dealer Viktor Bourt – nicknamed the “merchant of death” – for two high-profile US prisoners in Russia, Brittney Griner and Paul Whelan.
If successful, such a deal would be the latest in a lengthy history of prisoner exchanges going back decades between the former Cold War adversaries.
These at-times daring deals are often the result of intense back channel negotiations, as imprisoned citizens become pawns in a broader geopolitical war.
Everything we thought about the origins of lactose tolerance is wrong, study says
Only a third of adults today can digest lactose. For many years, researchers assumed humans adopted this ability when our prehistoric ancestors started drinking milk. A new study points to a different story.
There is a good chance you have lactose intolerance. You are not alone — 5,000 years ago, most humans were lactose intolerant too.
A new study published on Wednesday in the journal Nature by University of Bristol and University College London researchers found that people's ability to digest lactose became common almost 5,000 years later than the first signs of human milk consumption, which date back to around 6,000 BC.
They also found, using new computer modeling methods, that milk consumption wasn't the reason for the increase in lactose tolerance.
"Milk didn't help at all," study author Mark Thomas, a University College London researcher, told DW.
Sources: Aoki had wish list for Olympics exec it was paying
THE ASAHI SHIMBUN
July 28, 2022 at 18:21 JST
A major business wear company under investigation for alleged bribery to rig an Olympic Games sponsorship had created an internal list of requests it had for a board member of the organizing committee, sources said.
Hironori Aoki, 83, the founder and former chairman of Aoki Holdings Inc., denies allegations that he had bribed the board member, Haruyuki Takahashi, 78, to help the firm become an Olympics sponsor.
He voluntarily told investigators that he provided consultancy fees to Takahashi hoping it would grant him access to his social network of influential people, sources said.
Asia's richest woman lost more than half her fortune in China's property crunch
Updated 0958 GMT (1758 HKT) July 28, 2022
Yang Huiyan, Asia's wealthiest woman, has seen her wealth fall to $11 billion from nearly $24 billion this year as China's property crisis escalates, according to the Bloomberg Billionaires Index.
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