‘Time has arrived for Africa to establish a single currency’ – South African president
March 29, 2018 at 11:10 AM
President of South Africa Cyril Ramaphosa has suggested creating a single currency for Africa which, according to him, could boost trade across borders and match international currencies. Read More »
China Warns US of 'Serious Consequences and Negative Impact' of Trade War
March 27, 2018 at 03:07 PM
Responding to US President Donald Trump’s heavy tariffs on Chinese goods in the new trade war, Beijing has warned it is “ready to defend its national interests,” yet voiced hope for mutually beneficial cooperation. Read More »
‘No winners’: China-US trade war will be ‘disastrous’ for global economy – Beijing
March 12, 2018 at 02:01 PM
A trade war between the US and China will spell “disaster” for the entire world economy, Chinese Commerce Minister Zhong Shan has warned, after Donald Trump signed orders greenlighting stiff tariffs on imported aluminum and steel. Read More »
On the Brink of Trade War: EU to Hit Back With Tariffs on Iconic US Goods
March 08, 2018 at 10:47 AM
In case US President Donald Trump doesn’t back down on his decision to impose stiff tariffs on aluminum and steel imports, European Union (EU) is set to implement retaliatory restrictions, including a 25 percent tariff on US jeans. Read More »
China warns to ‘take necessary measures’ if US starts trade war
March 05, 2018 at 11:00 AM
Beijing is not going to “sit idly” if Washington’s actions damage Chinese interests, and will take “necessary measures,” the spokesman for the National People's Congress has warned. Read More »
Not-so-magic kingdom? Many Disneyland workers poor & homeless, union says
March 02, 2018 at 11:15 AM
Disneyland unions are demanding higher wages after a new survey revealed that many workers at the California theme park are struggling to make ends meet and some have even been homeless while the company’s profits soar. Read More »
World's 15 richest cities revealed - and the list contains a few surprises
February 26, 2018 at 01:26 PM
Boston, Calgary, Perth and Macau – all associated with material wealth – have failed to make this list of the 15 richest cities in the world, compiled by market research firm New World Wealth. Read More »
No chance of cryptocurrencies replacing fiat money - JPMorgan
February 20, 2018 at 10:55 AM
Virtual coins fail to meet the major criteria of currency, according to JPMorgan Chase, which has called them a bad store of value and a bad form of money. Read More »
America on its way to $30 trillion debt by 2028 as military expenditure soars
February 15, 2018 at 10:54 AM
The mounting US debt is likely to grow by another $10 trillion in the next decade, according to estimates contained in the recent budget proposal. Read More »
Saudi Arabian Women Granted Permission to Work as Investigators
February 14, 2018 at 02:28 PM
The Saudi public prosecutor's office has announced that it is hiring Saudi women as investigation officers. The application process will start on Sunday, February 11, and will continue until March 3, the al-Madina Arabic newspaper reported. Read More »
