Brazil Closes Out 2017 with Record Trade Surplus

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 …

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Studies: 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 …

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California 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 …

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Philippines 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 …

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Oil 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 …

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Breaking 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 …

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