Canada Prepares for Legalized Marijuana

Mat Beren and his friends used to drive by the vast greenhouses of southern British Columbia and joke about how much weed they could grow there. Years later, it’s no joke. The tomato and pepper plants that once filled some of those greenhouses have been replaced with a new cash …

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US Treasury Issues New Rules on Foreign Investments

The Treasury Department has issued new rules on foreign investments into American companies that will give the government more power to block foreign transactions on national security grounds. The rules represent the latest escalation in an intensifying economic conflict between the United States and China. It will implement a program …

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UN: Economic Losses From Natural Disasters Soar

A new U.N. report finds a dramatic increase in the amount of economic loss incurred from natural disasters during the past 20 years, with climate-related disasters driving expensive property and infrastructure damage to new heights. The report finds so-called geophysical disasters such as earthquakes and tsunamis are deadliest, but climate-related disasters such …

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Cambodia Faces Potential Economic Collapse

Cambodian Prime Minister Hun Sen is facing economic pressure to reverse a recent crackdown on opposition groups and basic freedoms in his country. Cambodia faces an economic collapse from the slated withdrawal of crucial European Union trade preferences that will likely force its leader to walk back a prolonged political …

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Zimbabwe’s Dingy Trains Mirror Economic Decline

Dark, dirty and slow, Zimbabwe’s trains, like much else in the impoverished southern African country, have seen better days. Once the preferred mode of transport for most Zimbabweans, the state-run rail service mirrors the decline in the country’s economic fortunes during the last two decades under the leadership of former …

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