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Economy

Pumpkin growers in the western region are facing challenges with water shortages, high temperatures, and expensive labor.

Hudson, CO. —  On a day with good visibility, Alan Mazzotti is able to view the Rocky Mountains from his pumpkin patch in northeast Colorado, which is approximately 30 miles away. He was able to determine that there was a…

The UAW and Stellantis have come to a preliminary agreement on a contract, with the union also calling for a strike at a GM factory.

detroit, michigan —  Stellantis, the manufacturer of Jeep, has come to a preliminary agreement with the United Auto Workers union on Saturday. The agreement between Stellantis and the union, which still needs to be approved by members, means that General…

According to economists in Uganda, the country remains an attractive place for investment, despite the advisory issued by the United States.

KAMPALA, UGANDA —  Economists and officials from Uganda are displaying optimism in regards to the nation’s economy and are advising investors to disregard a warning from the U.S. government about potential risks associated with conducting business in the country. The…

The United States experienced an increase in economic growth during the third quarter.

WASHINGTON —  The economy of the United States experienced its most rapid growth in almost two years during the third quarter, driven by increased wages resulting from a competitive job market. This once again disproves predictions of a recession that…

The government of Zimbabwe claims that it has suffered losses of over $150 billion due to sanctions.

HARARE, ZIMBABWE —  The vice president of Zimbabwe stated on Wednesday that the country has suffered a loss of over $150 billion as a result of sanctions placed by the European Union and nations like the United States, prompted by…

The UNCTAD Report states that a large sum of money is necessary to repair the devastated infrastructure and economy in Gaza.

Geneva —  A report from the United Nations Conference on Trade and Development (UNCTAD) states that reversing the effects of border closures, military actions, and de-development in Gaza will require billions of dollars in international economic assistance. The report was…

The recent ruling by the court on the multibillion-dollar gas deal has been met with praise from Nigerians.

ABUJA, NIGERIA —  The Nigerian government has expressed approval for the decision made by a London court on Monday, which nullified a $11 billion fine related to a failed gas project involving the country’s biggest economy and a private corporation….

The International Monetary Fund has cautioned Africa about potential economic risks due to a slowdown in China’s economy.

NAIROBI, KENYA —  The International Monetary Fund is warning African countries of a potential decline in the regional economy and the potential impacts of China’s economic slowdown. Over the last two decades, Africa and China have established strong economic relationships,…

The US Trade Act supports a sustainable business run by two sisters in South Africa.

South Africa is hosting a summit for participants in the U.S. government’s duty-free Africa Growth and Opportunity Act from November 2 to 4 as the act comes up for renewal. Kate Bartlett spoke to the owners of one South African…

The Mayor announced that West Maui will be welcoming tourists again starting November 1.

HONOLULU, Hawaii —  The mayor of Maui County announced on Monday that West Maui, with the exception of the damaged areas in historic Lahaina, will be open to tourists starting November 1st. This comes after the deadliest U.S. wildfire in…