Kenya’s nomadic herders are among those suffering the most from recurring drought that kills the livestock they depend on. To make them less dependent on rain, aid programs are teaching…
more ...Study: Gas Stoves Worse for Climate Than Previously Thought
Gas stoves are contributing more to global warming than previously thought because of constant tiny methane leaks while they’re off, a new study found. The same study that tested emissions…
more ...US Economy Grew by Robust 5.7% in 2021
The U.S. economy advanced by 5.7% in 2021, the fastest full-year gain since 1984, the Commerce Department reported Thursday. The sharp growth in the world’s biggest economy showed its resiliency,…
more ...Anticipated US Interest Hikes Expected to Reverberate Globally
Wednesday’s signal from the U.S. Federal Reserve on impending interest rate increases is expected to have ramifications beyond America’s shores. The Fed’s Open Market Committee announced it was keeping, for…
more ...WTO: China Can Place Duties on $645 Million in US Imports
The World Trade Organization on Wednesday handed a fresh victory to China, permitting it to place duties on $645 million worth of U.S. imports per year, in a long-running anti-dumping…
more ...US Warns of Risks of Doing Business in Myanmar
The United States issued an advisory Wednesday warning of the increased risk of conducting business in Myanmar nearly a year after a military coup in the Southeast Asian country, which…
more ...Global Corruption on the Rise Amid ‘Democratic Decline’
The fight against corruption has stagnated over the past decade amid human rights abuses and democratic declines in all regions of the world, according to an analysis by Transparency International. …
more ...IMF Urges El Salvador to Remove Bitcoin’s Legal Tender Status
The International Monetary Fund’s board “urged” El Salvador to do away with its move to make bitcoin a legal tender, while calling for strict regulation of the country’s e-wallet. IMF…
more ...IMF Cuts Forecast for Global Economic Growth
The International Monetary Fund has lowered its forecast for the global economy’s growth this year, citing the spread of the omicron variant of the coronavirus as a notable factor. In…
more ...Garbage Hunters: Deciphering North Korea Through Its Trash
With its borders closed and virtually all foreigners gone, North Korea is more inaccessible than ever during the coronavirus pandemic. So to learn about the reclusive country’s economy, some North…
more ...IMF Approves $455 Million Loan to Republic of Congo
The International Monetary Fund board on Monday approved a three-year $455 million loan for the Republic of Congo to help undergird the small African nation’s economic recovery. The global crisis…
more ...US Stocks Stage Dramatic Intraday Recovery
Following the worst week for U.S. stocks since the early days of the coronavirus pandemic, market volatility continued Monday — partly due to worries about Russian military movements near Ukraine. …
more ...Russian Markets Plunge as War Fears Mount
The Russian stock market took a dive Monday as war fears triggered a massive sell-off, with tens of billions of dollars wiped from the value of some of the country’s…
more ...More Women, Minorities Take Up Truck Driving Due to High Demand
A shortage of truck drivers in the U.S. has led to all kinds of troubles for consumers and businesses. That has led to some trucking companies doing all they can to…
more ...South Africa’s Indigenous People Fight Planned Amazon Headquarters in Court
South Africa’s Indigenous Khoi and San people are in court to block construction of the planned African headquarters for online retail giant Amazon. Opponents say the project will ruin a…
more ...TotalEnergies to Leave Myanmar Over Human Rights Abuses
French oil giant TotalEnergies on Friday said it would withdraw from Myanmar over “worsening” human rights abuses committed since the country’s military took power in a February 2021 coup. “The…
more ...In Ethiopia, Guinea and Mali, Fears Rise Over Losing Duty-Free Access to US Market
For Sammy Abdella, the new year has brought bad tidings: the prospect of a steep drop in sales of scarves, rugs, baskets and other textile goods produced by Sammy Handmade…
more ...US Jobless Benefit Claims Increase Sharply
First-time claims for U.S. unemployment compensation increased sharply last week to their highest level since October 2021, suggesting that some employers may be laying off workers as the omicron variant…
more ...North Korea Expands China Trade, But Wider Pandemic Approach Unclear
North Korea this week resumed railway imports from China for the first time since its lockdown began in 2020, potentially signaling a new phase in its approach to the pandemic. …
more ...Biden: Federal Reserve Should ‘Recalibrate’ Policy as Prices Rise
U.S. President Joe Biden on Wednesday said it was appropriate for the Federal Reserve to recalibrate the support it provides to the U.S. economy, in light of fast-rising prices and…
more ...Biden: ‘Not There Yet’ on Easing of Tariffs on Chinese Goods
President Joe Biden on Wednesday said that it was too soon to make commitments on lifting U.S. tariffs on Chinese goods, but that his chief trade negotiator, Katherine Tai, was working…
more ...Mali Textile Artisans Bemoan Loss of AGOA Trade With US
As of January 1, a U.S. trade program that allows African countries to export many items duty-free to the American market delisted Mali because of what the U.S. cited as…
more ...‘Power of Siberia 2’ Pipeline Could See Europe, China Compete for Russian Gas
As winter bites, Europe is facing a gas shortage – with lower volumes of gas exports from Russia forcing a big spike in prices. But the volatility of Russia’s gas…
more ...UN Chief: Global Economic Recovery Uneven
U.N. Secretary-General Antonio Guterres urged international business leaders and economists on Monday to do their part to make post-COVID19 economic recovery equitable across the globe. “At this critical moment, we…
more ...Outlook Weak for Projected Pandemic Labor Market Recovery
A new assessment of the global labor market finds that recovery from the employment crisis created by the COVID-19 pandemic will be fragile and will worsen inequalities between rich and…
more ...Oxfam: World’s 10 Richest Men Doubled Wealth During COVID Pandemic
The world’s 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said on Monday. Oxfam said the…
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