Japanese trading giant Itochu’s surprise announcement on February 5 that it was terminating its agreement with the Israeli defence contractor Elbit Systems has sent shockwaves throughout corporate Japan. Itochu stated specifically that they based their decision on the International Court of Justice ruling that Israel may be committing genocide in Gaza, and…
On the boarding and the signposts‘Lough Neagh Fishermen’s Co-operative’.But ever on our lips and at the weir‘The eelworks’. — “Eelworks” by Seamus Heaney Gerard McCourt is a seventh-generation eel fisherman who works the waters of Lough Neagh [Neill O’Higgins/Al Jazeera] For Gerard McCourt, there is a lot riding on this…
Moody’s has lowered Israel’s credit rating for the first time and forecast a negative outlook for the economy. Massive military spending and a drop in revenues. Israel is borrowing heavily to fund its war on Gaza. And it is now on track to run one of its widest budget deficits…
A number of scholars, politicians and advocates have condemned the United States Senate’s passage this week of a foreign funding bill that would provide billions of dollars in military aid to Ukraine, Israel and Taiwan while American social programmes are in need of funding. It is unclear when – or…
Taipei, Taiwan – As Hong Kong moves forward with controversial new national security legislation, its foreign business community is expressing reservations – albeit quietly – about how new rules concerning “state secrets” could affect the international financial hub’s competitiveness and ease of doing business. Until February 28, the Hong Kong…
A separate UN official expresses fears over how the US designating the Houthis a ‘terrorist’ group may affect Yemen’s economy. The United Nations special envoy for Yemen has called for immediate action to end the “dangerous escalatory cycle” in the war-wracked country, as Houthi rebels continue their attacks in the…
Before Elon Musk announced that he would pour billions into building his largest Tesla plant in the industrial outpost of Monterrey, Mexico, United States trade winds were already shifting south. In late 2022, Mexico’s Economy Minister Raquel Buenrostro Sánchez said that 400 companies had expressed interest in relocating from Asia…
New York City – Rachel S lives in a walkable neighbourhood in Brooklyn, New York. Most days she is able to live comfortably without a car. She works remotely often but occasionally she needs to go into the office. That’s where her situation gets a bit challenging. Her workspace is…
Bengaluru, India – On January 23, an icon of Indian cinema and politics, M Karunanidhi appeared before a live audience on a large projected screen, to congratulate his 82-year-old friend and fellow politician TR Baalu on the launch of his autobiographical book. Dressed in his trademark black sunglasses, white shirt,…
Such a major agreement could boost the Egyptian economy, which is facing a dire foreign exchange crisis. The United Arab Emirates is in advanced talks to purchase and develop a large piece of land on Egypt’s Mediterranean coast in a deal that could bolster the troubled economy of the North…
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