Coeco

Why the ‘Gig’ Economy May Not be the Workforce of the Future

The “gig” economy might not be the new frontier for America’s workforce after all. From Uber to TaskRabbit to YourMechanic, so-called gig work has been widely seen as ideal for …

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Youth Optimism Higher in ‘Lower-Income’ Countries

Out of 15 countries polled, young people in China, India, Nigeria, Kenya, Indonesia, Saudi Arabia and Mexico were found to be more optimistic about the future than youths in the …

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Malawi Moves to Improve its Struggling Tourism Industry

Malawi continues to struggle to develop its tourism industry, despite having several attractions, including national parks, game reserves and mountains. But the government has developed a Tourism Strategic Plan that …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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China Cancels Trade Talks with US After New Tariffs

China has canceled trade talks with the United States following Washington’s imposition of new tariffs on Chinese goods. The Wall Street Journal reports that China had planned to send Vice …

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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 …

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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. …

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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 …

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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 …

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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, …

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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 …

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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 …

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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 …

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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 …

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Alibaba Chief’s Next Move May Reveal a Chinese Game Plan

Alibaba chairman Jack Ma’s surprise announcement last week that he would step down as head of the world’s biggest e-commerce company, has sparked animated discussions on what would be his …

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China Retaliates for $200 Billion in US Tariffs

China says it has no choice but to retaliate to U.S. President Donald Trump’s 10 percent tariffs on $200 billion in Chinese goods, risking a further escalation of trade tensions …

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Africa’s Youth Population, Poverty Spur 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 …

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