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Economy

Is it possible for Maui to attract tourists without exacerbating the trauma caused by wildfires?

LAHAINA, Hawaii —  Katie Austin’s place of employment, a restaurant in Lahaina, was destroyed in the summer’s wildfire disaster. After a period of two months, tourists started returning to the beach resorts nearby. The woman then started working at a…

Logistical Workarounds in Red Sea Shipping Result in Extra Expenses and Time Delays for Suppliers and Retailers

LOS ANGELES —  Basic Fun, the company that makes Tonka trucks and Care Bears for Walmart and other stores, has a team in charge of shipping these products by sea. They are currently working quickly to find alternative routes for…

Vietnam is cautious about China’s rapid and substantial investments.

WASHINGTON —  The president of the Vietnam Association for Supporting Industries cautioned that an increase in Chinese investment in Vietnamese supporting industries may lead to domestic businesses experiencing competition and potential challenges. One week after Vietnam and China signed 36…

China approves 105 online games after releasing draft regulations for the industry.

TAIPEI, TAIWAN —  The Chinese government has given the green light to 105 new online games this week, providing a boost to the industry shortly after proposing regulations that caused a drop in stock prices. The NPPA declared on Monday,…

Argentine Citizens Demonstrate Against Milei’s Changes to Economy

BUENOS AIRES, ARGENTINA —  On Wednesday, a large number of Argentines gathered in the streets of Buenos Aires to express their opposition to a proposed economic reform and deregulation by President Javier Milei. The demonstrators, organized by labor unions, marched…

Despite concerns about finances and rising expenses, holiday spending has increased in the United States.

New York —  The latest report shows that despite higher prices and financial concerns, holiday sales increased this year and consumer spending stayed strong during the shopping season. According to Mastercard SpendingPulse, which monitors various forms of payment such as…

The holiday season in Zimbabwe is marked by a rush to obtain passports in order to leave the country, fueled by economic struggles and rising prices.

Harare —  Many people in Zimbabwe who are struggling financially have put obtaining a travel document at the top of their Christmas wish list. As a result, the passport office is experiencing a surge of visitors during this holiday season,…

The economy of the United Kingdom experienced a decline in the third quarter.

Newly updated data from the UK government, released on Friday, reveals that the nation’s economy contracted in the third quarter of this year. This suggests that the country may be heading towards a recession. Revised figures from the British Office…

Chinese university graduates are employed in multiple jobs to sustain their livelihood.

After graduating from Hebei University of Traditional Chinese Medicine in 2020 with a bachelor’s degree in acupuncture and massage, Liu Chang’s post-college life did not meet his expectations. Since 2022, he has been employed in the administrative department of a…

Outbreak The country of Malawi has prohibited the importation of maize from Kenya and Tanzania due to a recent outbreak of disease.

BLANTYRE, MALAWI —  The country of Malawi, which is currently facing food shortages, has recently prohibited the import of unmilled maize from Kenya and Tanzania. This is due to fears that the maize lethal necrosis disease could devastate the main…