Construction of an airport in Nepal, funded by China, has sparked concerns about the country falling into a cycle of debt.
A year has passed since the opening of a Nepali airport funded by China, yet there have been no international flights. As loan payments for the Pokhara airport draw near, concerns arise that Nepal may be in a cycle of…
Biden celebrates the potential of America’s future, as the government allocates $8.5 billion to the chipmaking company, Intel.
Chandler, Arizona — On Wednesday, President Joe Biden praised a deal to supply Intel with $8.5 billion in direct funding and $11 billion in loans for the construction of computer chip factories across the nation. He highlighted the investment being…
in A recent study reveals widespread instances of labor exploitation through coercion.
The International Labor Organization released a study on Tuesday stating that forced labor brings in $236 billion in unlawful profits annually, a significant rise of $64 billion from 2014. According to the research, the rise in numbers can be attributed…
After 17 years, Bank of Japan abandons extreme policy and implements first rate increase.
The Bank of Japan (BOJ) ended eight years of negative interest rates and other remnants of its unorthodox policy on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary stimulus. Analysts suggest…
One of the main reasons why some voters are dissatisfied with the US economy is the high cost of housing.
WASHINGTON — Lori Shelton cannot comprehend ever being able to afford purchasing a house. This is a significant factor in why numerous voters are feeling negative about the economy leading up to this year’s presidential election. Shelton, who is 67…
Possible rewording: “Settlement of Major US Real Estate Group Could Lead to Lower Home Ownership Expenses”
On Friday, the National Association of Realtors reached a resolution in antitrust litigation. The lawsuit alleged that brokerages had been artificially raising sales commissions. This settlement is expected to result in significant modifications and reduced expenses for individuals purchasing and…
The reliance on China may be reduced by the United States’ investments in the Philippines, according to experts.
Taipei, Taiwan — During a trade mission visit to Manila this week, U.S. Commerce Secretary Gina Raimondo announced plans to invest more than $1 billion in the Philippines’ tech sector and help double the number of semiconductor factories in the…
In February, inflation increased in the United States, indicating that there are still high levels of price pressure.
WASHINGTON — In the United States, there was an increase in consumer prices last month. This indicates that inflation continues to be a constant issue for both the Federal Reserve and President Joe Biden’s reelection campaign. They are hoping for…
Chinese authorities acknowledge the presence of economic difficulties.
BEIJING — Top officials acknowledged on Saturday that China must take further action to improve employment and stabilize its property market, as they face challenges in revitalizing the country’s struggling economy. The city of Beijing is currently experiencing difficulties with…
In the month of February, the United States economy gained 275,000 job positions.
The Bureau of Labor Statistics in the United States announced that the economy gained 275,000 jobs in February, exceeding expectations. However, the unemployment rate also increased by 0.2% to 3.9%. The job growth exceeded the expectations of economists polled by…