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Month: October 2021

Myanmar Junta Minister Blames Economic Woes Partly on Foreign-Backed ‘Sabotage’ 

10/19/2021 Ranbiz

Myanmar’s military-appointed authorities are doing their best to revive an economy in turmoil since a February coup and stabilize the kyat currency, a minister told Reuters on Tuesday, blaming the…

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Afghan Women Lose Businesses as Taliban Bar Them From Work

10/19/2021 Ranbiz

Afghan businesswomen say that they have been forced to close their businesses as the Taliban have imposed a ban on women working outside. Yalda Baktash has the story. Script writer:…

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Catching a Ride: A ‘Robotaxi’ Drives Itself to You

10/19/2021 RanIT

Consider it a “robotaxi.” For customers who need a ride in Las Vegas, they can now use a ride-hailing startup whose cars drive themselves to customers. Tina Trinh reports. …

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Gamestop Mania Severely Tested Market System, Regulator Says

10/19/2021 Ranbiz

The U.S. stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors. But…

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US Treasury Department Says It Needs to Modernize Its Economic Sanctions

10/19/2021 Ranbiz

The Treasury Department says the economic and financial sanctions the United States has employed over the past two decades to battle global terrorism, nuclear proliferation, drug cartels and other threats…

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Some Zimbabweans Affected by Cyclone Turn to Bee-Keeping for Survival

10/18/2021 Ranbiz

After Cyclone Idai hit in 2019, some Zimbabweans turned to activities like illegal gold panning to survive. Now Voluntary Service Overseas, an international development charity, is giving them a new…

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‘Unintentional Gift’: US Steps into China’s Bitcoin Breach

10/18/2021 Ranbiz

The long sheds at North America’s largest bitcoin mine look endless in the Texas sun, packed with the type of machines that have helped the United States to become the new…

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China’s Economic Growth Weakens Amid Construction Slowdown

10/18/2021 Ranbiz

China’s economic growth is sinking under pressure from a construction slowdown and power shortages, prompting warnings about a possible shock to its trading partners and global financial markets.  The world’s second-largest economy…

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Facebook Plans to Hire 10,000 in EU to Build ‘Metaverse’

10/18/2021 RanIT

Facebook says it plans to hire 10,000 workers in the European Union over the next five years to work on a new computing platform. The company said in a blog…

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Zimbabwe Government: No COVID-19 Shot, No Work, No Pay 

10/17/2021 Ranbiz

Union leaders have angrily reacted to the Zimbabwean government’s announcement Sunday that workers who have not been vaccinated against COVID-19 will no longer be allowed at work and will not…

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Unhappy With Prices, US Ranchers Look to Build Own Meat Plants

10/17/2021 Ranbiz

Like other ranchers across the country, Rusty Kemp for years grumbled about rock-bottom prices paid for the cattle he raised in central Nebraska, even as the cost of beef at…

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World Donors Seek Ways to Help Afghans, Not Taliban

10/16/2021 Ranbiz

At an emergency conference this week, the European Union pledged more than 1 billion dollars in humanitarian aid to Afghanistan and neighboring countries, as the United Nations warns millions of…

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US Puts Cryptocurrency Industry on Notice Over Ransomware Attacks 

10/15/2021 RanIT

Suspected ransomware payments totaling $590 million were made in the first six months of this year, more than the $416 million reported for all of 2020, U.S. authorities said on…

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US Donates 9.6 Million Additional COVID-19 Doses to Pakistan

10/15/2021 Ranbiz

The United States announced Friday an additional 9.6 million doses of Pfizer coronavirus vaccine are being shipped to Pakistan through the global vaccine-sharing COVAX initiative. The shipment brings to more than 25…

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Pandemic’s Economic Impact in Kenya Has Driven Some to Illegal Fishing

10/15/2021 Ranbiz

Kenyan authorities say the economic losses caused by COVID are driving more people to fish illegally. Poaching has tripled since last year and caused the daily catch to drop from…

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Facebook Objects to Releasing Private Posts About Myanmar’s Rohingya Campaign

10/15/2021 RanIT

Facebook was used to spread disinformation about the Rohingya, the Muslim ethnic minority in Myanmar, and in 2018 the company began to delete posts, accounts and other content it determined…

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US Authorities Disclose Ransomware Attacks Against Water Facilities

10/14/2021 RanIT

U.S. authorities said on Thursday that four ransomware attacks had penetrated water and wastewater facilities in the past year, and they warned similar plants to check for signs of intrusions…

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Pandemic’s Economic Impact in Kenya Drives Some to Illegal Fishing

10/14/2021 Ranbiz

…

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Pakistan Suspends Flights to Kabul Over ‘Inappropriate’ Taliban Behavior

10/14/2021 Ranbiz

Pakistan International Airlines (PIA) Thursday suspended flights to Afghanistan’s capital, Kabul, over what the state-run carrier alleged was “heavy-handed” interference by the neighboring country’s ruling Taliban. The suspension came on…

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Microsoft to Shut Down LinkedIn in China Over Censorship Concerns

10/14/2021 RanIT

Microsoft will close LinkedIn in China later this year, the company announced Thursday. The professional networking site, which started operating in China in 2014, faces a “significantly more challenging operating…

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US Jobless Benefit Claims Dropped to Pandemic Low Last Week

10/14/2021 Ranbiz

First-time claims for U.S. unemployment compensation dropped last week to their lowest point since the coronavirus pandemic swept into the United States more than a year and a half ago,…

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Paris Threatens Retaliation in an Explosive Anglo-French Fishing Dispute

10/14/2021 Ranbiz

France has threatened to retaliate against Britain in yet another post-Brexit dispute, this time over fishing rights in what the British call the English Channel and the French refer to…

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Backed Up Los Angeles Port Links Damaged Supply Chain

10/14/2021 Ranbiz

President Joe Biden on Wednesday announced a plan to clear the backlog of container ships off the coast of Southern California by launching 24-hour operations at the port of Los…

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G-20 Pledges to Avoid ‘Premature Withdrawal’ of Economic Support

10/14/2021 Ranbiz

Finance ministers from the Group of 20 economies Wednesday pledged to keep economic stimulus policies in place to ensure a recovery from the COVID-19 pandemic. Amid ongoing risks, “We will…

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Forum Urges Social Networks to Act Against Antisemitism

10/13/2021 RanIT

Social media giants were urged to act Wednesday to stem online antisemitism during an international conference in Sweden focused on the growing amount of hatred published on many platforms.  The…

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UN Report: Investing in Disaster Risk Reduction Saves Lives, Money

10/13/2021 Ranbiz

A report marking the International Day for Disaster Risk Reduction finds many deaths and economic losses from natural disasters could be averted by investing in preventive risk reduction measures.  Climate-related…

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