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Brazil to celebrate national 'King Pelé Day' on November 19 to pay tribute to football great

Brazil will celebrate a national "King Pelé Day" on Nov. 19 every year, marking the date the football great scored what he considered to be the 1,000th goal of his career in 1969.

The Brazilian government's official publication said Tuesday that President Luiz Inácio Lula da Silva had passed a law sanctioning the national tribute to the three-time World Cup winner. The Brazilian football great died on Dec. 29, 2022, at the age of 82.

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Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing's supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco.

In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in the United States.

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Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected

Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall.

The Austin, Texas, company said Tuesday that it sold 443,956 vehicles from April through June, down 4.8% from 466,140 sold the same period a year ago. But the sales were better than the 436,000 that analysts had expected.

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Egypt swears in new Cabinet as mounting economic challenges fuel public discontent

Egypt's new Cabinet was sworn in Wednesday as the country faces an ailing economy and raging conflicts in neighboring nations.

The new Cabinet, chaired by Prime Minister Mustafa Madbouly, who has been in office since 2018, included major changes, particularly in the defense and economy-related portfolios. Some ministers, including those in charge of police and tourism, remain in place.

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Cash-based Japan issues first new bills in two decades, designed against counterfeiting

Japan issued its first new banknotes in two decades Wednesday, yen packed with 3-D hologram technology to fight counterfeiting.

Prime Minister Fumio Kishida praised as "historic" the state-of-the-art anti-counterfeit traits of the new 10,000 yen, 5,000 yen and 1,000 yen bills.

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Global shares mostly rise on hopes for US rate cuts

Global shares were mostly higher on Wednesday after comments by Federal Reserve chief Jerome Powell raised hopes for interest rate cuts.

Speaking at a conference of central bankers in Portugal a day earlier, Powell gave a nod to improvements in inflation data after some disappointingly high readings early in the year. Investors hope inflation will slow enough to convince the Fed to lower its main interest rate, which has been sitting at its highest level in more than two decades and pressing the brakes on the economy.

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Xi and Putin to meet in Central Asian summit in show of deepening cooperation

Russian President Vladimir Putin and Chinese President Xi Jinping will be meeting for the second time in as many months as they visit Kazakhstan for a session of an international group founded to counter Western alliances.

Putin and Xi last got together in May when the Kremlin leader visited Beijing to underscore their close partnership that opposes the U.S.-led democratic order and seeks to promote a more "multipolar" world.

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UK election: Sunak battles to the end as Labour's Starmer eyes victory

Rishi Sunak has covered thousands of miles in the past few weeks, but he hasn't outrun the expectation that his time as Britain's prime minister is in its final hours.

United Kingdom voters will cast ballots in a national election Thursday, passing judgment on Sunak's 20 months in office, and on the four Conservative prime ministers before him. They are widely expected to do something they have not done since 2005: Elect a Labour Party government.

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Germany and Sweden arrest eight over Syria crimes against humanity

Investigators in Germany and Sweden on Wednesday arrested eight suspects over alleged participation in crimes against humanity in Syria, prosecutors said.

Three people suspected of committing crimes against humanity in Syria in 2012 have been arrested in Sweden, in an investigation carried out in cooperation with Germany.

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Strike kills family as Israeli evacuation order sparks panicked flight from Khan Younis

The Hamdan family — around a dozen people from three generations — fled their home in the middle of the night after the Israeli military ordered an evacuation from the southern Gaza city of Khan Younis.

They found refuge with extended relatives in a building further north, inside an Israeli-declared safe zone. But hours after they arrived, an Israeli airstrike on Tuesday afternoon hit their building in the town of Deir al-Balah, killing nine members of the family and three others.

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