Biden Welcomes Leaders from Latin America for Summit on Economic Affairs in the Americas
On Friday, U.S. President Joe Biden hosted leaders from Latin America, the Caribbean, and Canada at the inaugural Americas Partnership for Economic Prosperity Leaders’ Summit, which aimed to enhance economic ties, fortify U.S. investments in the region, and tackle immigration…
Offshore wind initiatives encounter financial challenges and pose a threat to President Biden’s clean energy objectives.
WASHINGTON — The recent cancellation of two major offshore wind projects in New Jersey is another obstacle for the emerging U.S. offshore wind sector. This puts at risk the Biden administration’s plans to generate electricity for 10 million homes through…
The US Trade Representative, Tai, Discusses Trade Policy in Africa as Summit Concludes.
johannesburg — The yearly meeting of the African Growth and Opportunity Act, which grants duty-free entry to the U.S. economy for qualifying countries in sub-Saharan Africa since 2000, concluded in South Africa on Saturday. Under AGOA, total goods imports into…
The United States assumes the role of promoting infrastructure development in Africa, previously held by China.
JOHANNESBURG — The U.S. State Department has officially announced that their efforts to renovate and expand the Lobito Corridor, a railway connecting Zambia and the Democratic Republic of Congo to an Atlantic port in Angola, are progressing rapidly. In the…
Biden to Hold Discussions with Latin American Leaders Regarding Economy and Immigration
WASHINGTON — On Friday, U.S. President Joe Biden will convene with leaders from Latin America and the Caribbean at the White House to address economic matters and migration. His goal is to strengthen relationships in the region in response to…
Biden to Host First-Ever Americas Economic Summit
washington — On Friday, President Joe Biden will promote his proposal to strengthen economic ties among Western Hemisphere countries. He will welcome leaders from 11 other nations to the White House for the newly formed Americas Partnership for Economic Prosperity….
Local governments in China with high levels of debt are promoting the growth of new businesses.
WASHINGTON/TAIPEI, TAIWAN — As the debt continues to increase, officials in China’s Jiangsu province are promoting the idea of “off-duty entrepreneurship” for employees at state-owned companies. They are also encouraging workers to take unpaid leave in order to pursue their…
The APEC Summit receives an infusion of American-made products from Washington.
During the middle of November, representatives from Washington will be visiting San Francisco for APEC Economic Leaders’ Week. Experts on trade suggest that the U.S. has made changes to their policies that could potentially entice more APEC countries to invest…
The Federal Reserve has chosen to maintain the current interest rate, while also leaving the option open for a potential increase.
washington — The Federal Reserve decided to maintain its primary short-term interest rate on Wednesday for the second consecutive time, but also indicated that it might consider raising the rate if inflation continues to increase in the upcoming months. After…
In Zambia, there is a varied perspective among traders and consumers regarding imports from China.
Authorities in Zambia have reported a rise in trade with China, reaching over $5 billion in 2022. This has resulted in an increase of Chinese goods being sold in local markets. While some Zambians are pleased with the expanded options,…