Saudi Arabia plans to increase state spending by 7 percent next year in an effort to spur economic growth that has been hurt by low oil prices, according to a…
more ...EU Urges Kosovo to Drop Tariffs as Political Tensions Mount
The European Union’s top diplomat called Tuesday on Kosovo to lift tariffs on goods from Serbia and Bosnia-Herzegovina as tensions rise between the former Serbian territory, and the EU and…
more ...EU Officials, Firms Meet African Leaders to Talk Investment
European officials and companies met with African leaders in Vienna Tuesday for talks intended as a springboard to increase investment in Africa. Austrian Chancellor Sebastian Kurz, whose country currently holds…
more ...Moon Outlines S. Korean Economic Plan as Think Tanks Point to Continued Slowing
The economic outlook in South Korea is not good, according to the Hyundai Research Institute, which stated in a report this week that the economy “reached its peak in May…
more ...Dow Takes Second Straight Two-Percent Plunge
Another day of big losses knocked U.S. stocks to their lowest levels in more than a year Monday. Investors dumped high-growth technology and retail companies as well as steadier, high-dividend…
more ...Trump Approves 2nd Round of Trade Aid Payments for US Farmers
U.S. President Donald Trump said Monday he has authorized the second round of payments from a $12 billion aid package for farmers stung by the U.S. trade war with China,…
more ...Burnout, Stress Lead More Companies to Try Four-day Work Week
Work four days a week, but get paid for five? It sounds too good to be true, but companies around the world that have cut their work week have found…
more ...Cacti, Credit Throw Brazil’s Drought-parched Farmers a Lifeline
Farming in the Jacuipe Basin of Brazil’s parched northeast has never been easy. But rising temperatures and a halving of rainfall over the decades mean it now rarely pays. “Everybody…
more ...Czech PM, to Avoid Conflict of Interest, Steps Down from Govt. Body
Czech Prime Minister Andrej Babis said on Monday he would step down from a government council dealing with European Union subsidies to avert any suspicion of conflict of interest over…
more ...Guinea Bissau Women Entrepreneurs Share Ideas, Expand Business
A group of young female business owners in Guinea Bissau have banded together to learn more about the business world and increase sales. A year later, their efforts appear to…
more ...Debt Threat: Business Debt, Worries About it, Are up
Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some concern that Corporate America didn’t get the message. …
more ...Governments Agree on Rules for Implementing Climate Accord
After two weeks of bruising negotiations, officials from almost 200 countries agreed Saturday on universal, transparent rules that will govern efforts to cut emissions and curb global warming. Fierce disagreements…
more ...Stocks Plunge to 8-month Lows on Growth Fears; J&J Nosedives
Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain’s impeding departure…
more ...Nigerian Governor: Buhari Says Economy in ‘Bad Shape’
Nigeria’s President Muhammadu Buhari said the country’s economy was in “bad shape,” the governor of a northwestern state told reporters Friday after a meeting with governors from across the country. Buhari will seek a…
more ...US Budget Deficit Hits Record $204.9B for November
The federal budget deficit surged to a record for the month of November of $204.9 billion, but a big part of the increase reflected a calendar quirk. In its…
more ...Stocks Lose Steam as Nerves Persist, Euro Dips
A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the…
more ...Wall Street Gains on Better Signs in US-China Trade Talks
Wall Street stocks finished higher on Wednesday due to improved hopes for the US-China trade talks. The Dow Jones Industrial Average added 0.6 percent at 24,527.27. The broad-based S&P 500…
more ...Sustainable Tree Farming Means Better Lives for Kenyan Farmers
Wood consumption — including logging and the production of charcoal — is a leading cause of forest degradation in Africa. In some of Kenya’s coastal regions, recurring droughts have made the…
more ...Malaysian Ex-PM Slapped with New Charge Over 1MDB Scandal
Former Malaysian Prime Minister Najib Razak was charged Wednesday with tampering with the final audit report into a defunct state investment fund, adding to a long list of corruption allegations…
more ...Avianca Brasil Airline Declares Bankruptcy
Cash-strapped Avianca Brasil, the country’s fourth-largest airline, on Tuesday sought bankruptcy protection from creditors but reassured passengers that flights will continue. “Due to resistance from the lessors (of their aircraft)…
more ...Experts: Millions Invested But Gold Mining ‘Under-Exploited’ in W. Africa
Mining companies have invested at least $5 billion toward gold exploration in West Africa in the last decade but significant reserves are under-exploited, mineral industry experts said on Tuesday. Delegates at…
more ...US Treasury, USTR Reach Post-Brexit Insurance Accord with Britain
The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and…
more ...As Finances Improve, Greece Scraps Pension Cuts
Greece’s parliament on Tuesday voted to scrap plans to cut state pensions, in a motion led by the left-led governing coalition hoping to shore up its flagging support ahead of…
more ...Big Drop Reported in Child Labor in Cambodia Fashion Factories
While the United Nations says child labor has fallen sharply in Cambodia’s garment factories, many informal subcontractors using children are escaping scrutiny, activists said Tuesday. Better Factories Cambodia, a U.N.…
more ...Macron’s Concessions Set to Blow Out French Deficit
France will overshoot the European Union’s budget deficit ceiling next year without deeper spending cuts after President Emmanuel Macron caved in to anti-government protests. Macron announced wage increases for the…
more ...Argentina Convicts Former Ford Execs in Torture Case
An Argentine court on Tuesday convicted two former executives of a local Ford plant of involvement in the torture of workers during the country’s dictatorship in the 1970s, victims’ lawyers…
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