India is the world’s fifth-largest economy. The World Bank says the nation is leading growth in South Asia. India is one of the world’s fastest-growing emerging markets. Much of the success happened in the past 10 years, under Prime Minister Narendra Modi. He’s banking on that achievement to win over…
Bangkok, Thailand – Sheltering from the sun on a street corner, Kridsada Ahjed rues the day he got involved with the loan sharks who now gobble up most of his daily earnings. “I went to the loan sharks because people like me – with no assets or savings – cannot…
The company debuted on the stock market last week, offering Trump a ray of hope amid pending financial woes. Shares in former President Donald Trump’s Trump Media & Technology Group surged last week after debuting on the stock market in the United States. But a disclosure that the company lost…
Keerthi Subramanian, a shop clerk in South London, earns 10.42 pounds ($13.15) an hour. From Monday that will go up by 1.02 pounds ($1.29) to 11.44 pounds ($14.44) as a new United Kingdom minimum wage kicks in. That is not much help, she says. “At just over 10 pounds, I…
The collapse of a major bridge in Baltimore earlier this week has led to the suspension of vessel traffic at the Port of Baltimore, one of the busiest harbours in the United States, until further notice. On Wednesday, it was reported that Maryland would receive initial funding of $60m from…
Dakar, Senegal – For the traditional, small-scale fishermen of Ouakam Beach in Senegal’s capital Dakar, inequality is just a glance away. Adama Gueye, a 58-year-old canoe captain, points towards the coast, where imposing villas of the upper-class, including politicians, sit tall and mighty a stone’s throw away from where he…
With an economy so reliant on oil, Iraq has long faced a tough balancing act between the short-term gains that can come from ramping up production and the long-term problems that can arise from overproduction. Last week, the Iraqi oil ministry announced that it was rectifying a swing too far…
Beijing imposed tariffs on Australian wine in 2020 during a diplomatic feud, raising duties from zero to above 200 percent. China says it will lift steep tariffs on Australian wine imposed more than three years ago in the latest sign of improving relations between the two countries. The anti-subsidy and…
In the past few months, the media sector in the United States has gone through one of its worst rounds of layoffs in decades, with some voices within the sector even asking if journalism is a viable career path despite surging subscriptions at publications like The New York Times. Most…
Taipei, Taiwan – Chinese President Xi Jinping is set to meet with American business leaders in Beijing, media outlets have reported, as he tries to woo foreign investment back to China after a challenging few years for the world’s second-largest economy. The meeting on Wednesday is expected to include Apple CEO…
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