Brazilian President Jair Bolsonaro will headline the first full day of the World Economic Forum in Davos, Switzerland, with a speech to political and business leaders. The nationalist leader…
more ...Economists: Political Uncertainties, Trade Tensions Affect Economic Growth
Economists warn that political uncertainties and trade tensions could undermine global economic growth. Rights groups warn of the dangers of growing economic inequality. About 3,000 political and economic leaders have…
more ...UN Forecasts Global Economic Growth Around 3 Percent in 2019
The United Nations is forecasting that the global economy will grow by around 3 percent in 2019 and 2020, but says waning support for multilateralism, escalating trade disputes, increasing debt…
more ...UK Leader Unveils Brexit Plan B, Looks a Lot Like Plan A
British Prime Minister Theresa May unveiled her Brexit Plan B on Monday — and it looks a lot like Plan A. May launched a mission to resuscitate her rejected European…
more ...World Economy Forecast to Slow in 2019 Amid Trade Tensions
The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates. The IMF said Monday that it expects…
more ...Uganda Seeks to Regulate Fish Maw Trade
At the Gaba landing site in Kampala, fishermen dock their boats filled with both tilapia and Nile perch. Waiting along the shores, donning white gum boots and white coats, fish…
more ...China’s 2018 Economic Growth Edges Down Amid Trade War
China’s 2018 economic growth decelerated to 6.6 percent after activity in the final quarter of the year declined amid a tariff battle with Washington. Data announced Monday showed economic growth…
more ...Uganda Seeks to Regulate Lucrative Fish Maw Trade
The sale of Nile Perch fish maw in Uganda has become a lucrative business, especially for distributors. The fish maw – or dried swim bladder – is used as an…
more ...Trump Says a Deal ‘Could Very Well Happen’ With China
U.S. President Donald Trump said on Saturday progress is being made toward a trade deal with China and denied that he was considering lifting tariffs on Chinese products. “Things are…
more ...Stocks Rally on Trade Hopes, Dollar Has 1st Weekly Gain of 2019
World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that…
more ...US Consumer Morale at Two-year Low; Factory Output Surges
U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as a partial shutdown of the federal government and financial market…
more ...EU Wants to Exclude Agriculture From Trade Talks With US
The European Union insisted Friday that agriculture be kept out of the EU-U.S. trade negotiations, despite Washington’s wishes to include the vast sector, and said any overall deal will be…
more ...Gloomy Davos: Plenty of Crises, Few World Leaders
An array of crises will keep several world leaders away from the annual World Economic Forum (WEF) in Davos next week, which takes place against a backdrop of deepening gloom…
more ...WSJ: US Treasury Secretary Mnuchin Weighs Lifting Tariffs on China
U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30, the Wall…
more ...Indonesian Presidential Candidates Spar Over Corruption
Indonesian President Joko Widodo has accused his election rival of allowing corrupt candidates on his legislative ticket and failing to include women in senior positions. Widodo and former General Prabowo…
more ...Tunisia Hit by General Strike, Amid Economic Tensions
Workers around Tunisia went on strike Thursday to demand higher pay in a standoff with a government struggling to reduce unemployment, poverty and social tensions. All flights in and out…
more ...Chinese Trade Negotiator to Visit US in Late January
China’s economic czar, Vice Premier Liu He, will travel to the United States later this month for the second round of negotiations aimed at resolving the ongoing trade war between…
more ...John Bogle, Founder of Vanguard, Dies at 89
John C. Bogle, who simplified investing for the masses by launching the first index mutual fund and founded Vanguard Group, died Wednesday, the company said. He was 89. Bogle did…
more ...Giant US Bank Reveals 29 Percent Pay Gap Between Men, Women
Female employees at Citigroup Inc around the world are paid just 71 percent of what men earn, the giant bank said on Wednesday, declaring its intentions to close its gender…
more ...Busiest US Port Sets All-Time Cargo Record in 2018
The Ports of Los Angeles and Long Beach on Wednesday said they set all-time records for moving cargo in 2018, after U.S. retailers and manufacturers pulled forward imports to avoid…
more ...UK Businesses Brace for No-Deal Brexit
Brexit has British business owners on edge — and that is great news for Lovespace, a storage and warehousing company outside London. Lovespace, which collects boxes from customers, stores them…
more ...World Economic Forum Warns of Impact of Global Tensions
International tensions and nationalist politics can further weigh on the global economy this year and hinder efforts to deal with big issues such as climate change, the organizers of next…
more ...Angola’s Oil Reforms: Miracle or Mirage?
Angolan President Joao Lourenco has made headline-grabbing changes in the nation’s vital oil sector since taking power in 2017. Economists say these changes should improve Angola’s economy, and may even provide…
more ...Razor Burn: Gillette Ad Stirs Online Uproar
A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash, with accusations that it talks down to men and groups calling for a boycott. But Gillette…
more ...Globalization, Climate Change Top Agenda of World Economic Forum
More than 3,200 government, business, academics and civil society leaders will address issues of globalization, climate change and other matters of world importance next week at the annual World Economic…
more ...‘Made in China 2025’ Feels Trade War Pinch
Although it is unclear if the United States and China will be able to meet a 90-day deadline and strike a deal on trade by March 2, the tussle is…
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