Brazil’s road to economic recovery has passed another milestone with official data showing Tuesday that the country finished 2017 with a record trade surplus 40.5 percent higher than in the previous year. The $67 billion surplus was in line with market projections and within the $65 billion to $70 billion …
your ad hereUS Coal Mining Deaths Surge in 2017 After Hitting Record Low
Coal mining deaths surged in the U.S. in 2017, one year after they hit a record low. The nation’s coal mines recorded 15 deaths last year, including eight in West Virginia. Kentucky had two deaths, and there were one each in Alabama, Colorado, Montana, Pennsylvania and Wyoming. In 2016 there …
your ad hereStudies: 2017 Was Safest for Air Travel Industry
2017 was the safest year on record for the commercial airline industry, two new reports said. No major airline experienced a plane crash anywhere in the world, the Dutch aviation consultancy To70 reported Monday. “2017 was much better than could reasonably [and statistically] be expected, and was again better than …
your ad here2017 Safest Year on Record for Commercial Passenger Air Travel
Airlines recorded zero accident deaths in commercial passenger jets last year, according to a Dutch consulting firm and an aviation safety group that tracks crashes, making 2017 the safest year on record for commercial air travel. Dutch aviation consulting firm To70 and the Aviation Safety Network both reported Monday there …
your ad hereCrisis of Expectations: Iran Protests Mean Economic Dilemma for Government
Iran’s President Hassan Rouhani may have to step back from some of his core economic policies in the face of nationwide protests by tens of thousands of people frustrated by high unemployment and stagnant living standards The protests, during which at least 10 people have been killed, are fuelled by …
your ad hereCalifornia Begins Recreational Marijuana Sales
More than two decades after California became the first U.S. state to legalize medical marijuana use, on January first it becomes the final West Coast state to legalize pot for recreational purposes — a move approved by California voters in November 2016, in a referendum known as Prop 64. While this …
your ad hereChina’s 2017 Movie Ticket Sales Rise 13.5 Percent
China’s total domestic movie ticket sales rose 13.5 percent in 2017 to 55.9 billion yuan ($8.6 billion), a state news agency said Monday. The top-grossing title was the mainland-made action picture “Wolf Warrior 2,” which took in 5.7 billion yuan ($875 million), the Xinhua News Agency said, citing data from …
your ad hereDisasters Pounded North America in 2017 but Were Down Globally
North America couldn’t catch a break in 2017. Parts of the United States were on fire, underwater or lashed by hurricane winds. Mexico shook with back-to-back earthquakes. The Caribbean got hit with a string of hurricanes. The rest of the world, however, fared better. Preliminary research shows there were fewer …
your ad hereWall Street Ends Strong Year on Quiet Note
There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their best year since 2013 on a down note, with losses in technology and financial stocks keeping equities in negative territory for the session. Major indexes hit a series of …
your ad hereBrands Map ‘Invisible’ Shoemakers in South India
When the 55-year-old woman stood up to speak at a meeting of shoemakers in south India earlier this month, she was seeing her employers for the first time. She told them about the decades she had spent hunched up in her home, repeatedly pulling a needle through tough leather as …
your ad hereTrump Targets Amazon in Call for Postal Service to Hike Prices
President Donald Trump returned to a favorite target Friday, saying that the U.S. Postal Service should charge Amazon.com more money to ship the millions of packages it sends around the world each year. Amazon has been a consistent recipient of Trump’s ire. He has accused the company of failing …
your ad herePhilippines Preps Economy for Bumper Year in 2018
Officials in the Philippines, one of Asia’s fastest growing economies, are planning a series of economic stimulus measures in 2018 to ease poverty and compensate for a lag in foreign investment. Manila is building $169 billion in infrastructure, such as railways and an airport terminal, while toying with legal changes …
your ad hereTrump Administration Rescinds Rules for Drilling on Public Land
President Donald Trump’s administration is rescinding proposed rules for hydraulic fracturing and other oil- and gas-drilling practices on government lands, government officials announced Thursday. The rules developed under President Barack Obama would have applied mainly in the West, where most federal lands are located. Companies would have had to disclose …
your ad hereAs Online Shopping Grows, UPS Sees Record Holiday Package Returns
United Parcel Service Inc is on track to return a record number of packages this holiday shipping season, a sign that e-commerce purchases surged to new heights over the past month. The world’s largest package delivery company and rival FedEx Corp get paid by retailers like Amazon.com Inc and Wal-Mart …
your ad hereAirbus Reportedly Ready to Ax A380 If It Fails to Win Emirates Deal
Airbus is drawing up contingency plans to phase out production of the world’s largest jetliner, the A380 superjumbo, if it fails to win a key order from Dubai’s Emirates, three people familiar with the matter said. The moment of truth for the slow-selling airliner looms after just 10 years in …
your ad hereHomelessness to Digital IDs: Five Property Rights Hotspots in 2018
The global fight over land and resources is getting increasingly bloody and the race for control of valuable assets is expanding from forests and indigenous territories to the seas, space and databanks. Here are five hotspots for property rights in 2018: Rising violence: From Peru to the Philippines, land rights …
your ad hereVenezuelans Scramble to Survive as Merchants Demand Dollars
There was no way Jose Ramon Garcia, a food transporter in Venezuela, could afford new tires for his van at $350 each. Whether he opted to pay in U.S. currency or in the devalued local bolivar currency at the equivalent black market price, Garcia would have had to save up …
your ad hereCalifornia Preps for Pot-infused Fare, From Wine to Tacos
The sauvignon blanc boasts brassy, citrus notes, but with one whiff, it’s apparent this is no normal Sonoma County wine. It’s infused with THC, the psychoactive ingredient in marijuana that provides the high. Move over, pot brownies. The world’s largest legal recreational marijuana market kicks off Monday in California, and …
your ad hereEastern Libya to Stage Conference in March to Rebuild Benghazi
Authorities in eastern Libya have announced a conference in March to drum up support to rebuild the country’s second-largest city Benghazi heavily damaged during three years of fighting between military forces and Islamist fighters. The announcement signals a desire to demonstrate a return to normality in the port, where top …
your ad hereOil Prices Rise on Libyan Pipeline Blast
Oil moved higher above $65 a barrel on Tuesday, within sight of its highest since mid-2015, supported by an explosion on a crude pipeline in Libya and voluntary OPEC-led supply cuts. The move towards restart of a key North Sea pipeline, Forties, capped the rally. The pipeline is being tested …
your ad hereMinister: Sudan to Devalue Pound Currency in January
Sudan is to devalue its currency to 18 Sudanese pounds per dollar in January from the current exchange rate of 6.7, the finance minister said on Tuesday. The International Monetary Fund urged Sudan earlier this month to float its currency to boost growth and investment, but the government has ruled …
your ad hereMali Hopes to Revive Industry and Increase Exports
The shops in Mali are full of imported goods from Europe, the Middle East and Asia. This, Mali’s captains of industry maintain, is not necessary. Mali can produce a lot of what it consumes at home. But for that to happen, there needs to be a wholesale revival of its …
your ad hereBreaking Gender Barrier in Construction
Construction is one of the fields that has long been dominated by men. Though women have increasingly come to the field, working as electricians, carpenters and plumbers, they’re still underrepresented. Faiza Elmasry tells us about a training program established by Supporting and Linking Tradeswomen, SALT, an Australian non-profit that works …
your ad hereRohingya Refugees Face Financial Problems in Bangladesh
Many Rohingya refugees in Bangladesh facing diminished income are supplementing their needs with work in the camps. Steve Sandford talks to a few young and old entrepreneurs who have set up new businesses in the refugee zones. …
your ad hereIsrael Regulator Seeks to Ban Bitcoin Firms From Stock Exchange
Israel’s markets regulator said on Monday he will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange (TASE). Shmuel Hauser, the chairman of the Israel Securities Authority (ISA), told the Calcalist business conference he will bring the proposal to …
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