Trading of indebted developer Country Garden suspended in Hong Kong
Trading in shares of Chinese property developer Country Garden was suspended Tuesday in Hong Kong, amid financial woes stemming from the ongoing Chinese housing crisis. The announcement came days after the company, which used to be one of China’s biggest…
This is America’s best-selling vehicle for 42 years running
Dearborn, Michigan — All About America explores American culture, politics, trends, history, ideals and places of interest. America’s best-selling vehicle rolls off the assembly line every 53 seconds at Ford’s Dearborn truck plant in Michigan. More than 41 million F-150s…
New $20 Minimum Wage for California Fast Food Workers Starts Monday
LIVERMORE, Calif. — Most fast food workers in California will be paid at least $20 an hour beginning Monday when a new law is scheduled to kick in giving more financial security to an historically low-paying profession while threatening to…
Bird Flu, Weather, Inflation Keep Egg Prices Near Historic Highs
Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand and growing costs for farmers. It’s the second year in a row consumers have faced…
IMF Confirms Increasing Egypt’s Bailout Loan To $8 Billion
CAIRO — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy, which…
Uranium Being Mined Near Grand Canyon as Prices Soar
The largest uranium producer in the United States is ramping up work just south of Grand Canyon National Park on a long-contested project that comes as global instability and growing demand drive uranium prices higher. The Biden administration and dozens…
West African Project Helps Women Farmers Claim Their Rights, Land
ZIGUINCHOR, Senegal — Mariama Sonko’s voice resounded through the circle of 40 women farmers sitting in the shade of a cashew tree. They scribbled notes, brows furrowed in concentration as her lecture was punctuated by the thud of falling fruit….
China to Drive World Economic Recovery, Says a Top Communist Official
Brushing off domestic economic headwinds, a top Communist Party official said Thursday that China aims to drive the world’s recovery this year by pushing forward reforms and making tech innovation a new point of growth. The remarks from Zhao Leji,…
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…