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Month: October 2023

Businesses Brace for Slump as Pakistan Evicts Undocumented Afghans

10/31/2023 Ranbiz

As Afghans residing illegally in Pakistan leave on Islamabad’s orders, many local business owners are seeing labor shortages and a decline in business activity. VOA Pakistan Bureau Chief Sarah Zaman…

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Electric Vehicle ‘Fast Charger’ Seen as Game Changer

10/31/2023 RanIT

With White House funding to put more electric cars on the road, some states are using the money to build out their part of a fast-charging EV network. Deana Mitchell…

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Biden Signs Sweeping Executive Order on AI Oversight

10/30/2023 RanIT

President Joe Biden on Monday signed a wide-ranging executive order on artificial intelligence, covering topics as varied as national security, consumer privacy, civil rights and commercial competition. The administration heralded…

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Musk Pulls Plug on Paying for X Factchecks

10/30/2023 RanIT

Elon Musk has said that corrections to posts on X would no longer be eligible for payment as the social network comes under mounting criticism as becoming a conduit for…

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US Consumers Keep Spending Despite High Prices and their Own Gloomy Outlook

10/30/2023 Ranbiz

A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded…

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Indonesia to Omit Private Coal Power Plants from Its JETP Investment Plan

10/30/2023 Ranbiz

Indonesia will exclude coal-fired power plants operated by industrial estates from its investment plan for a G7-led funding program to decarbonize its power sector, sources drafting the document told Reuters.…

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Water Woes, Hot Summers, Labor Costs Are Haunting Pumpkin Farmers in the West

10/29/2023 Ranbiz

Alan Mazzotti can see the Rocky Mountains about 30 miles west of his pumpkin patch in northeast Colorado on a clear day. He could tell the snow was abundant last…

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UAW, Stellantis Reach Tentative Contract; Union Adds Strike at GM Factory

10/29/2023 Ranbiz

Jeep maker Stellantis reached a tentative contract agreement with the United Auto Workers union on Saturday.  The Stellantis deal, which still must be ratified by members, leaves only General Motors…

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Musk Says Starlink to Provide Connectivity in Gaza

10/28/2023 RanIT

Elon Musk said on Saturday that SpaceX’s Starlink will support communication links in Gaza with “internationally recognized aid organizations.” A telephone and internet blackout isolated people in the Gaza Strip…

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Ugandan Economists Say Country Still Investment Destination Despite US Advisory

10/27/2023 Ranbiz

Ugandan economists and officials expressed confidence in the country’s economy and urged investors to ignore a U.S. government advisory about risks they may face if they conduct business there. The…

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UN Announces Advisory Body on Artificial Intelligence 

10/26/2023 RanIT

The United Nations has begun an effort to help the world manage the risks and benefits of artificial intelligence. U.N. Secretary-General Antonio Guterres on Thursday launched a 39-member advisory body…

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US Economic Growth Accelerates in Third Quarter

10/26/2023 Ranbiz

The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from a tight labor market helped to power consumer spending, again…

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Zimbabwe Says It Lost in Excess of $150 Billion to Sanctions

10/25/2023 Ranbiz

Zimbabwe’s vice president on Wednesday said the country has lost more than $150 billion due to sanctions imposed by the European Union and countries such as the United States following…

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UNCTAD Report: Billions Needed to Rebuild Gaza’s Shattered Infrastructure, Economy

10/25/2023 Ranbiz

Billions of dollars in international economic aid will be needed to reverse decades of border closures, military operations and de-development in Gaza, according to a report published Wednesday by the…

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Inside a Drone Factory: How It Helps Ukraine’s Defense Efforts

10/25/2023 RanIT

Brinc Drones is one of the U.S. companies shipping hundreds of drones to Ukraine. These drones are designed to help first responders survey the impacted areas of Russian shelling and…

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Zara Owner Inditex to Buy Recycled Polyester From US Start-Up

10/25/2023 RanIT

Zara-owner Inditex, the world’s biggest clothing retailer, has agreed to buy recycled polyester from a U.S. start-up as it aims for 25% of its fibers to come from “next-generation” materials…

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Nigerians Praise Court Ruling in Multibillion-Dollar Gas Deal

10/24/2023 Ranbiz

Nigerian authorities are praising a London high court ruling Monday that overturned $11 billion in damages stemming from a collapsed gas project between Africa’s largest economy and a private company.…

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33 US States Sue Meta, Accusing Platform of Harming Children

10/24/2023 RanIT

Thirty-three U.S. states are suing Meta Platforms Inc., accusing it of damaging young people’s mental health through the addictive nature of their social media platforms. The suit filed Tuesday in…

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IMF Warns Africa of Economic Vulnerabilities as China’s Economy Slows

10/24/2023 Ranbiz

The International Monetary Fund is cautioning African nations about the possibility of a regional economic downturn and the ripple effects that China’s slowing economy could bring. Africa and China have…

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Taiwan Computer Chip Workers Adjust to Life in American Desert

10/24/2023 RanIT

Phoenix, Arizona, in America’s Southwest, is the site of a Taiwanese semiconductor chip making facility. One part of President Joe Biden’s cornerstone agenda is to rely less on manufacturing from…

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US Trade Act Helps South African Sisters’ Sustainable Business

10/24/2023 Ranbiz

South Africa is hosting a summit for participants in the U.S. government’s duty-free Africa Growth and Opportunity Act from November 2 to 4 as the act comes up for renewal.…

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Governments, Firms Should Spend More on AI Safety, Top Researchers Say

10/24/2023 RanIT

Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI…

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Mayor Says West Maui to Reopen to Tourism on Nov. 1

10/24/2023 Ranbiz

All of West Maui except for burned-out sections of historic Lahaina will reopen to tourism on Nov. 1 following the deadliest U.S. wildfire in more than century, the mayor of…

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Kenyan Developers Launch App to Prevent Phone Theft

10/23/2023 RanIT

Kenyan developers have designed a mobile phone application that police say is helping to safeguard smartphones from theft, recover stolen cell phones and prevent loss of data. Victoria Amunga reports…

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India Conducts Space Flight Test Ahead Of 2025 Crewed Mission

10/21/2023 RanIT

India successfully carried out Saturday the first of a series of key test flights after overcoming a technical glitch ahead of its planned mission to take astronauts into space by…

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US Sounds Alarm on Russian Election Efforts

10/20/2023 RanIT

Russia’s efforts to discredit and undermine democratic elections appears to be expanding rapidly, according to newly declassified intelligence, spurred on by what the Kremlin sees as its success in disrupting…

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