New Delhi, India – Every morning before stepping out of his rented accommodation in New Delhi, India, gig worker Aman fills three plastic bottles with water from a small earthen pot and packs them with some leftover food inside a sling bag. To support his family, in 2018 the 26-year-old…
G7 nations have agreed upon a $50bn deal to fund Ukraine through profits on frozen Russian assets, Italian Prime Minister Giorgia Meloni has said. “I confirm to you that we have reached political agreement to provide additional financial support to Ukraine of approximately $50bn by the end of the year,”…
Dubbed a ‘competitiveness crisis’, the EU’s investment, income and productivity are lagging behind the US and China. Struggling with slow growth, weak productivity and changing demographics, Europe’s share of the global economy is shrinking and lagging behind the United States and China. Its leaders are worried the continent might not…
Bari, Italy – Africa is set to be high on Italy’s agenda this year at the Group of Seven (G7) leaders’ meeting, as Prime Minister Giorgia Meloni aims to position the country as a key energy hub between Europe and the continent. But whether there is a clear vision and…
Labour Party leader rules out any rise in income tax, for national insurance or VAT. The UK’s opposition leader Keir Starmer has pledged to make wealth creation the top priority of his government in a pre-election pitch to voters. Speaking ahead of the release of the Labour Party’s election manifesto…
Dubbed a ‘competitiveness crisis’, the EU’s investment, income and productivity are lagging behind the US and China. Struggling with slow growth, weak productivity and changing demographics, Europe’s share of the global economy is shrinking and lagging behind the United States and China. Its leaders are worried the continent might not…
Rambo’s store is one of around 45,000 businesses in the state capital that have been impacted by these devastating floods. Porto Alegre’s Chamber of Store Managers estimates that the total cost to commerce in the city was 487.7 million reals ($91m) between April 29 through May 26. The floods began…
Environmental Governance Institute says Stephen Kwikiriza in ‘poor condition’ after ‘severe beatings’ in detention. An activist with an environmental group campaigning to block a $5bn internationally financed oil pipeline running through Uganda has been released from detention, his employer says. The Environmental Governance Institute (EGI) said in a statement on…
Islamabad, Pakistan – Pakistani onion farmers and exporters are celebrating a windfall due to an unprecedented surge in exports over the past few months, an unlikely win at the cost of their counterparts across the border in India. The South Asian nations, bitter rivals in myriad arenas, are also major…
Indian Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) campaigned on India’s sizeable economic expansion in the lead-up to the country’s recent national elections. Since Modi came to power in 2014, GDP per capita has risen from about $5,000 to more than $7,500. India’s GDP growth hit 8.4…
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