Workers at several Indonesian palm oil plantations that supply Pepsi and Nestle suffer from a variety of labor abuses, including lower-than-minimum wages, child labor, exposure to pesticides, and union busting, …
your ads here!Economy
Economy news. Economy refers to the system of production, distribution, and consumption of goods and services within a society. It encompasses everything from individual spending and business operations to government policies and international trade. The economy is influenced by numerous factors, including supply and demand, inflation, employment rates, and fiscal policies
Venezuela to Launch Cryptocurrency to Fight US Sanctions
Venezuelan President Nicolas Maduro says his government will launch a cryptocurrency, or digital currency, to circumvent what he called a financial “blockade” by the U.S. government. The new currency will …
your ads here!Venezuela Maduro Gains Control Over Oil Contracts Amid Purge
Venezuela’s President Nicolas Maduro on Sunday gained more powers over the OPEC member’s oil contracts, as a deepening purge looks set to strengthen the leftist leader’s control of the key …
your ads here!Nevada Gambling Leaders Grapple with Pot’s Future in Casinos
A committee exploring the effects of recreational marijuana on Nevada’s gambling industry is wrestling with how the state’s casinos might deal with the pot business while not running afoul of …
your ads here!Rising Number of Young Americans Are Leaving Jobs to Farm
Liz Whitehurst dabbled in several careers before she ended up on a Maryland farm, crating fistfuls of fresh-cut arugula in the November chill. The hours were better at her nonprofit …
your ads here!China’s Ceramics Capital Struggles to Adapt Amid War on Smog
The city of Zibo, China’s ceramics capital, is undergoing environmental shock therapy to clear its filthy skies and transform its economy — and not everyone is happy. Much of Zibo’s …
your ads here!Greece, Creditors Agree on New Package of Reforms
Greece’s finance minister said Saturday that an agreement had been reached between the heavily indebted country and its creditors on its progress in implementing reforms. The agreement on the so-called …
your ads here!Risk of Volcanic Ash Cancels Some Bali Flights
Airlines canceled more flights leaving the Indonesian island of Bali on Saturday, citing forecasts of deteriorating flying conditions because of a risk of volcanic ash from the erupting Mount Agung …
your ads here!US Officials Drop Mining Cleanup Rule After Industry Objects
President Donald Trump’s administration announced Friday that it won’t require mining companies to prove they have the financial wherewithal to clean up their pollution, despite an industry legacy of abandoned …
your ads here!After Flurry of Deals, Senate GOP Passes Tax Bill
Republicans pushed a nearly $1.5 trillion tax bill through the Senate early Saturday after burst of eleventh-hour horse trading, as a party starved all year for a major legislative triumph …
your ads here!Venezuela Arrests Relative of Powerful ex-Oil Boss Ramirez in Graft Probe
Venezuela has arrested Diego Salazar, a relative of former oil czar Rafael Ramirez, as part of an investigation into a money laundering scandal in Andorra, the South American country’s state …
your ads here!Peru Prosecutors Ask to Jail Executives Linked to Odebrecht
A Peruvian prosecutor asked a judge to jail executives of three local construction companies that had previously partnered with Brazilian builder Odebrecht, which has admitted to paying bribes in the …
your ads here!US Envoy: Economic Support for Cambodia to Continue
Despite criticism from Washington over Cambodia’s crackdown on the opposition and accusations that the U.S. helped plot Prime Minister Hun Sen’s downfall, U.S. Ambassador William Heidt has said that America’s …
your ads here!Egyptian Billionaire Denounces Saudi Corruption Crackdown
Egyptian billionaire businessman Naguib Sawiris condemned on Friday a crackdown on graft in Saudi Arabia, saying the purge had undermined the rule of law in the Kingdom and would deter …
your ads here!US Formally Opposes China Market Economy Status at WTO
The United States has formally told the World Trade Organization (WTO) that it opposes granting China market economy status, a position that if upheld would allow Washington to maintain high …
your ads here!Senate Republicans Postpone Vote on US Tax Overhaul
Senate Republicans delayed a final vote on an overhaul of the U.S. tax code late Thursday amid furious, behind-the-scenes efforts to fine-tune the legislation to satisfy a small group of …
your ads here!Venezuelan Airline Barred from European Union Skies
Venezuela’s Avior Airlines has been banned from European Union skies after a commission determined it no longer meets international safety standards, another blow to troubled nation’s already beleaguered flight industry. …
your ads here!Record-setting Atlantic Hurricane Season Ends
The 2017 Atlantic hurricane season has finally ended In all, 17 named storms swept across the Atlantic this year and 10 rose to hurricane status. But the season will be …
your ads here!German Jobless Rate Hits Best Figure Since 1990 Reunification
Germany, Europe’s most robust economy, said Thursday that its unemployment rate fell to 5.3 percent in November, the lowest figure since West and East Germany were unified in 1990. Even …
your ads here!OPEC Agrees Oil Cut Extension to End of 2018
OPEC agreed on Thursday to extend oil output cuts until the end of 2018 as it tries to finish clearing a global glut of crude while signalling it could exit …
your ads here!More Than Half the World’s Population Lacks Social Protection
The International Labor Organization says a majority of the world’s population, four billion people, have no social protection, leaving them mired in an endless cycle of poverty. The report says …
your ads here!Eurozone Recovery Fueling Jobs But Wages, Prices Lag
The buoyant economic recovery across the 19-country eurozone has pushed unemployment down to its lowest level in nearly nine years but has yet to translate to a sustained pick-up in …
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