President Michel Aoun on Sunday greeted Lebanese workers as the country marked Labor Day, pledging that he will continue to work for “transforming Lebanon’s economy from a rentier economy into a productive one.”

Stocks are falling in early trading on Wall Street Friday, putting major indexes back into the red for the week after several sharp moves both up and down. The market is also heading for steep losses in April as traders fret about the tough medicine the Federal Reserve is planning to fight inflation in the form of higher interest rates, which will increase borrowing costs across the board, raising loan rates for cars, credit cards and mortgages. Bond yields rose after another hot reading on inflation, and Amazon sank 11% after reporting a rare quarterly loss. The S&P 500 fell 1.1%.

THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.

Poland's government and gas companies were attempting Friday to restore the flow of gas to some municipalities after a Russian firm halted supply when Warsaw slapped it with sanctions over Russia's invasion of Ukraine.

The supply cut was a separate development from Russia's decision earlier this week to stop gas deliveries to Poland.

Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter.

Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices ranging from $872.02 to $999.13.

Sri Lanka's president has agreed to replace his older brother as prime minister in a proposed interim government to solve a political impasse caused by the country's worst economic crisis in decades, a prominent lawmaker said Friday.

President Gotabaya Rajapaksa agreed that a national council will be appointed to name a new prime minister and Cabinet comprised of all parties in Parliament, lawmaker Maithripala Sirisena said after meeting with the president.

Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it's where the European Union is redrawing the region's energy map to ease its heavy reliance on Russian natural gas.

A new pipeline — built during the COVID-19 pandemic, tested and due to start commercial operation in June — would ensure that large volumes of gas flow between the two countries in both directions to generate electricity, fuel industry and heat homes.

President Michel Aoun's end-of-service benefits are also stuck in the banks "like any other Lebanese," visitors of the President have quoted him as saying.

"I have lost my lifetime savings too," Aoun said, according to the visitors.

Sherry Fonseka joined millions in 2019 in electing President Gotabaya Rajapaksa, a military strategist whose brutal campaign helped end Sri Lanka's 30-year civil war 10 years earlier.

Now he is one of thousands who, for weeks, have protested outside the president's office, calling on Rajapaksa and his brother, Mahinda, who is prime minister, to resign for leading the country into its worst economic crisis since its independence from Britain in 1948.

The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, but consumers and businesses kept spending in a sign of economic durability.

The economy's overall decline in the January-March quarter does not mean a recession is likely in the coming months. Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth.

The world's economy is forecast to grow around 3.6% this year, but Arab oil exporters are seeing a windfall from high energy prices that will buoy their economies and replenish their financial reserves this year and next, according to a report released Wednesday by the International Monetary Fund.

Those hard-hit in the Middle East, however, are oil importers and countries like Lebanon and Egypt that also rely heavily on food imports from the Black Sea region, where Russia's invasion of Ukraine has impacted exports like sunflower oil, barley and wheat worldwide.