China Lifts Heavy Tariffs on Australian Wine as Ties Improve
China on Thursday said it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries. China’s Ministry of Commerce said the decision will take effect Friday. China imposed tariffs…
UN Agency: Over 1 Billion Tons of Food Wasted Each Year
The U.N. Environment Program’s Food Waste Index Report released Wednesday found that 19% of food produced around the world ended up as waste in 2022, equivalent to around 1.05 billion metric tons of food. The report, which tracks the progress…
Chinese President Xi Meets With US Executives as Investment Wanes
BEIJING — China’s President Xi Jinping met American business leaders at the Great Hall of the People in Beijing on Wednesday, as the government tries to woo back foreign investors and international firms seeking reassurance about the impact of new…
Western Dependence on Russian Nuclear Fuel in the Face of Decarbonization Efforts
According to a study by the Royal United Services Institute in Britain, numerous Western countries continue to use Russian nuclear fuel to operate their power plants, despite attempts to cut economic connections with the Kremlin after their 2022 invasion of…
The CEO of Boeing will retire this year, along with the departure of the board chairman and the retirement of the head of commercial airplanes.
At the conclusion of this year, Dave Calhoun, the chief executive officer of Boeing, will resign from the troubled company following a string of incidents at one of the most renowned manufacturers in the United States. The Chairman of the…
Against US Dollar Iran’s money has reached its lowest value ever compared to the American dollar.
Tehran — On Sunday, Iran’s currency hit an all-time low of 613,500 against the dollar while its citizens marked the Persian New Year. On Sunday, people were trying to exchange rials for foreign currency at Tehran’s main hub of exchange…
The objective of the World Bank is to encourage the participation of private investors in developing nations.
The president of the World Bank, Ajay Banga, announced that the organization will release additional information from its own database, specifically related to debt defaults. This initiative aims to encourage increased private sector investment in developing nations and will begin…
According to analysts, China’s use of renewable energy and oil consumption aligns with that of Gulf countries.
Tel Aviv, Israel — During China’s annual national legislature this month, Premier Li Qiang announced plans to construct more solar and wind farms as well as hydropower projects. China is currently the top global producer of renewable energy and has…
The cost of cocoa has increased threefold in a span of one year due to the effects of climate change on crops.
Nairobi, Kenya — In preparation for Easter, those who enjoy chocolate should expect to pay more for their beloved holiday treats. According to a nonprofit organization focused on the environment, the price of cocoa has increased by three times due…
Reddit had a 55% increase during its debut on Wall Street as the self-proclaimed “Front Page of the Internet.”
NEW YORK — Upon its Wall Street debut, Reddit saw a significant increase in value as investors drove the company’s worth to nearly $9 billion in just seconds after it started trading on the New York Stock Exchange. Reddit’s initial…