Zimbabwe is making an effort to introduce a currency backed by gold.
Harare, Zimbabwe — On Monday, the government of Zimbabwe announced that it will be implementing a currency backed by gold to take the place of their currently devalued dollar. This decision comes as many businesses in the country have opted…
The rate of inflation in the United States has decreased as the gradual easing of price pressures continues.
WASHINGTON — Annual inflation in the United States cooled last month yet remained elevated in the latest sign that the pandemic-fueled price surge is gradually and fitfully coming under control. The report released by the Labor Department on Tuesday indicated…
Brands are reducing their product offerings, resulting in fewer choices for consumers.
NEW YORK — What is the limit for too many options? According to Coca-Cola, there are approximately 400 varieties of beverages. Because of this, the drink company has recently made the decision to stop producing half of them, getting rid…
Yellen to promote Biden’s economic achievements during visits to Pittsburgh and Detroit.
WASHINGTON — This week, U.S. Treasury Secretary Janet Yellen will visit the states of Pennsylvania and Michigan, which are considered battlegrounds in elections. She plans to highlight what she describes as “the most robust economic recovery in our lifetimes.” The…
The IMF Director stated that economic growth in the Middle East is expected to decrease in 2024 due to reduced oil production and the ongoing conflict in Gaza.
Dubai, United Arab Emirates — According to the International Monetary Fund, the economies of the Middle East are falling behind growth expectations due to reductions in oil production and the ongoing conflict between Israel and Gaza. However, the overall global…
30 Individuals Face Charges in Cuba for Stealing Large Quantity of Chickens
HAVANA — Cuba has accused 30 individuals of stealing 133 tons of chicken and illegally reselling it on the street, in a significant theft during a period of food scarcity in the country, which is under communist rule. According to…
Kenyan farmers are adopting Chinese-engineered grass for animal feed.
Ensuring an adequate supply of feed for livestock is crucial for food security in several African nations. In hopes of achieving higher yields and faster growth, some farmers are contemplating the adoption of a Chinese-engineered grass known as Juncao. However,…
Can immigrants rescue the US economy as the baby boomer generation retires in large numbers?
All About America explores American culture, politics, trends, history, ideals and places of interest. Every day, approximately 10,000 individuals from the generation born between 1946 and 1964 are exiting the American workforce. This phenomenon has been amplified by the COVID-19…
North Korea is greeting Russian tourists, possibly the first visitors since the start of the pandemic.
On Friday, a group of Russian tourists visited North Korea, possibly becoming the first from any nation to enter the isolated country since the pandemic began. The trip highlights the growing partnership between the two nations, which began with a…
Officials from the US and China have come together to have discussions about the economy, trade, and production.
The United States and China’s Economic Working Group convened in Beijing on Monday and Tuesday to address trade worries and larger economic matters. The third meeting took place since September of last year and included high-ranking representatives from the U.S….