Iran’s currency has hit another record low against the dollar, six weeks before the United States is due to reimpose sanctions on Iranian oil exports that are Tehran’s main revenue…
more ...Senegalese Chef Puts Supergrain on New York Menus to Boost African Farmers
A gluten-free grain that grows in Africa’s impoverished and semi-arid Sahel region is taking off as a health food in New York, the Senegalese chef who masterminded its revival said…
more ...Greece Uses High-tech Drones to Fight Tax Evasion in Holiday Hot Spots
Greece are using drones to buzz over boats running day trips on the Aegean at the start of a new effort aimed at cracking down on rampant tax evasion at…
more ...New Venezuela Fuel Payment System Gets Off to Slow Start
Venezuela’s new digital fuel payment system got off to a slow start on Monday, as most drivers paid with cash and only a handful of gas stations were equipped with…
more ...International Organizations Join Tech Powerhouses to Fight Famine
The United Nations, the World Bank and the International Committee of the Red Cross are partnering with technology powerhouses to launch a global initiative aimed at preventing famines. “The fact…
more ...Pompeo: US Would Win Trade War with China
Secretary of State Mike Pompeo vows the United States will be victorious in any trade war with China, a day before the Trump administration’s latest tariffs on Chinese imports go…
more ...Comcast Outbids Fox With $40B Offer for Sky
Comcast beat Rupert Murdoch’s Twenty-First Century Fox in the battle for Sky after offering 30.6 billion pounds ($40 billion) for the British broadcaster, in a dramatic auction to decide the fate of the…
more ...UK PM’s Team Makes Plans for Snap Election
British Prime Minister Theresa May’s aides have begun contingency planning for a snap election in November to save both Brexit and her job, the Sunday Times reported. The newspaper said that…
more ...US-China Tensions Rise as Beijing Summons US Ambassador
Tensions between China and the United States escalated Saturday as China’s Foreign Ministry summoned U.S. Ambassador to China Terry Branstad to issue a harsh protest against U.S. sanctions set for…
more ...Rising Oil Prices Haven’t Hurt US Economy
America’s rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising…
more ...US Official ‘Optimistic’ About Resolving Trade Dispute with China
The United States is optimistic about finding a way forward in trade talks with China, but no date has yet been determined for further talks between the two countries, according…
more ...NAFTA Deal Not Yet in Sight, Canada Stands Firm on Auto Tariffs
Canada and the United States showed scant sign on Thursday of closing a deal to revamp NAFTA, and Canadian officials made clear Washington needed to withdraw a threat of possible…
more ...Analysts: Poor Economy, Unemployment Lure Tunisians to Extremism
Seven years after the Arab Spring, little has been done to address youth unemployment in Tunisia, a key factor in extremist groups’ ability to recruit marginalized youth, rights groups and experts warn.…
more ...Scrounge for Workers Sees US Jobless Claims Hit 48-Year Low
New U.S. claims for jobless benefits fell for the third week in a row, hitting their lowest level in nearly 49 years for the third straight week, the Labor Department…
more ...Report: Extreme Poverty Declining Worldwide
The world is making progress in its efforts to lift people out of extreme poverty, but the global aspiration of eliminating such poverty by 2030 is unattainable, a new report…
more ...China’s Alibaba Scraps Plan to Create 1M US Jobs
Alibaba Chairman Jack Ma said Wednesday that the Chinese e-commerce giant had canceled plans to create 1 million jobs in the U.S., blaming the ongoing trade war for the decision,…
more ...Chinese Entrepreneur Rescinds Offer to Create 1 Million US Jobs
Chinese technology billionaire Jack Ma has rescinded his offer to create 1 million new jobs in the United States, saying it is no longer possible with the escalation of trade…
more ...Canada Wants to See Flexibility in NAFTA Talks With US
Canada said on Wednesday that it would need to see movement from the United States if the two sides are to reach a deal on renewing NAFTA, which Washington insists…
more ...Kenya’s Finance Minister Cuts Spending, Money Transfer Taxes to Rise
Kenya’s Finance Minister Henry Rotich has cut the government’s spending budget by 55.1 billion shillings ($546.90 million), or 1.8 percent, for the fiscal year from July this year, a Treasury…
more ...Report: Cryptocurrency Exchanges at Risk of Manipulation
Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published on…
more ...Argentina’s Fernandez: ‘Dig Up My Home But You Won’t Find Illicit Funds’
Argentina’s ex-President Cristina Fernandez said on Tuesday that she never received corrupt payments and challenged investigators to scour her home region of Patagonia if they believed she had hidden cash,…
more ...Venezuela Doubles Down on Chinese Money to Reverse Crisis
Venezuelan President Nicolas Maduro said Tuesday that new investments from China will help his country dramatically boost its oil production, doubling down on financing from the Asian nation to turn…
more ...European Nations Plan to Use More Hydrogen for Energy Needs
Dozens of European countries are backing a plan to increase the use of hydrogen as an alternative to fossil fuels to cut the continent’s carbon emissions. Energy officials from…
more ...Africa’s Youth Population, Poverty Spurs Gates Foundation’s Giving
Africa has the globe’s fastest-growing youth population as well as 10 of the poorest countries, a volatile combination that warrants making it “the world’s most important priority for the foreseeable…
more ...ADB Ramps Up Pacific Presence as Aid Donors Jostle for Influence
The Asian Development Bank said on Tuesday it is expanding its presence in the Pacific islands, at a time of competition for influence there, opening seven new country offices and…
more ...In Florence’s Wake, Uncertainty Haunts Migrant Workers
Francisco Javier Jaramillo and Victor Chavez should be picking sweet potatoes at a North Carolina farm and sending much-needed money to their families in Mexico. Instead, Hurricane Florence has forced…
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