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Economy

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…

As the Chinese economy continues to struggle, British businesses remain on the sidelines.

London —  Beijing had anticipated a quick resurgence of foreign investors following the easing of its strict COVID-19 measures at the end of last year, but this did not materialize in 2023. A recent study of companies in Britain, published…

MSC to Redirect Shipments From Suez Canal Following Incidents in Red Sea

According to a statement released on Saturday, MSC Mediterranean Shipping Co, the biggest container shipping company in the world, will no longer utilize the Suez Canal due to an assault on one of its vessels. The Houthi movement, with support…

Startups from Eastern Europe Seek Opportunities in the US.

People from Belarus, Ukraine, and other Eastern European nations are actively searching for opportunities in the American IT startup industry. A venture capital firm run by immigrants is assisting them in finding investments. Evgeny Maslov shares the details, narrated by…

China has announced plans to increase policy modifications in order to stimulate economic growth by 2024.

Beijing —  According to state media, China plans to increase policy changes in order to aid an economic rebound in 2024. This decision was made during a key meeting of the country’s leaders. Investors are paying close attention to hints…

According to Pollstar, Taylor Swift’s Eras Tour has become the first tour to earn over $1 billion in gross revenue.

According to Pollstar’s year-end charts for 2023, Taylor Swift’s Eras Tour has become the first tour to reach a billion dollars in revenue. Not only was Swift’s landmark Eras Tour the No. 1 tour both worldwide and in North America,…

Moody’s has changed Hong Kong’s rating outlook to negative.

Hong Kong —  On Wednesday, Moody’s, a ratings agency, lowered the forecast for Hong Kong’s credit rating from stable to negative. This decision came after a similar adjustment was made for China the previous day. China’s reopening after the pandemic…

Moody’s has revised its credit outlook for China, citing decreased economic growth and potential risks in the property market.

Moody’s, a ratings agency, downgraded China’s government credit ratings from stable to negative on Tuesday. This reflects growing international worry about the effects of increasing local government debt and a worsening real estate crisis on the economy of the world’s…

Today’s Stock Market: Wall Street Declines Prior to Crucial Job Market Reports

New York —  The stock market experienced a decline on Monday in Wall Street in anticipation of upcoming reports on the job market, which could potentially offer further understanding of the Federal Reserve’s considerations regarding interest rates. The S&P 500…

Thousands of Iranian Steelworkers Strike for Better Wages

On Saturday, a large number of individuals belonging to the Free Union of Iranian Workers protested against the Isfahan Steel Company, demanding improved pay and living and working conditions. This strike gained considerable attention, including from state media outlets. The…