Category Archives: Economy

22Mar/20

Essential Critical Infrastructure Workers During COVID-19 Response

Developed in collaboration with other federal agencies and the private sector, the Agency said its list of “Essential Critical Infrastructure Workers was designed to help State and local officials as they work to protect their communities, while ensuring continuity of functions critical to public health and safety, as well as economic and national security. Read more

18Nov/19

More Than 250M Women Worldwide Are Entrepreneurs, According to the Global Entrepreneurship Monitor Women’s Report from Babson College and Smith College

Approximately 252 million women around the world are entrepreneurs and another 153 million women are operating established businesses, according to the Global Entrepreneurship Monitor 2018/2019 Report on Women’s Entrepreneurship, released today by Babson College and Smith College and sponsored by the Korea Entrepreneurship Foundation. This 2018/2019 report provides analysis from 59 economies, aggregating data from two GEM data collection cycles, 10 economies reporting in 2017 and 49 reporting in 2018. Read More

15Nov/17

Zimbabwe army launches takeover against ‘criminals’ around Mugabe, says president ‘safe’

HARARE, ZIMBABWE (REUTER) – Zimbabwe’s military seized power early on Wednesday (November 15) targeting “criminals” around President Robert Mugabe but gave assurances on national television that the 93-year-old leader and his family were “safe and sound”. Continue reading

11Nov/17

China shopping festival smashes record with $25 bln haul

SHANGHAI, CHINA (NOVEMBER 11 AND 12, 2017) (REUTERS) – Alibaba, the Chinese e-commerce giant, said that its Singles’ Day sales extravaganza on Saturday’s (November 11) hit $25.4 billion, smashing its own record from last year and cementing it as the world’s biggest shopping event. Continue reading

08Nov/17

Big U.S. retailers tap brakes on orders

U.S. department stores are ordering less this holiday season to keep their inventory costs down. Roselle Chen reports. Continue reading

31Oct/17

BOJ governor laughs off face recognition technology to predict policy changes

TOKYO, JAPAN (OCTOBER 31, 2017) (​TV TOKYO) – Bank of Japan Governor Haruhiko Kuroda on Tuesday (October 31) laughed off the notion that researchers can use artificial intelligence to analyse his facial expressions and predict changes in monetary policy.
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09Oct/17

‘Nudge’ theorist Richard Thaler wins Nobel economics prize

STOCKHOLM, SWEDEN (OCTOBER 9, 2017) (REUTERS) – U.S. academic Richard Thaler, who helped popularise the idea of “nudging” people towards doing what was best for them, won the 2017 Nobel Economics Prize on Monday (October 9) for his work on how human nature affects supposedly rational markets. Continue reading

08Oct/17

Kenyan debtors struggle to hold on to assets as repossessions rise

Kenyan borrowers struggle to hang onto their assets as auctions heat up. A severe drought earlier this year, a slowdown in bank lending, and a prolonged period of political uncertainty are creating a growing pool of distressed borrowers whose assets are being seized by newly aggressive lenders in the east African powerhouse.
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29Sep/17

British Labour leader Jeremy Corbyn calls for tax on robots

Calls from the British Labour leader Jeremy Corbyn to publicly manage automation this week have led to speculation he is looking to tax robots, but how would that work?
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26Sep/17

In need of food and medicine, Venezuelans resort to selling hair

(MARACAIBO, VENEZUELA) (SEPTEMBER 18, 2017) (REUTERS) – In Venezuela, woman are resorting to selling their own hair in order to buy food and medicine as an ongoing economic crisis continues to wrack this petroleum producing country. Continue reading