Hundreds of Asian workers pay recruitment fees for jobs building World Cup stadiums in Qatar and some end up working for nearly five months without a day of rest, according to an investigation funded by the Gulf state’s World Cup organizing body. Conditions for workers from India, Nepal and Bangladesh …
your ad hereUS Women’s Soccer Team Gets New Contract
The World Cup champion women’s soccer team has a new labor contract, settling a dispute in which the players sought equitable wages to their male counterparts. The agreement with the U.S. Soccer Federation runs through 2021, meaning the players will be under contract through the 2019 World Cup in France …
your ad hereBritain Accused of Whitewashing Colonial History as it Seeks Post-Brexit Trade
As Britain begins the process of leaving the European Union, it is trying to rekindle old trade links with Commonwealth countries. However, the push for new commerce has sparked a debate on the historical legacy of the British Empire, with accusations that ministers are trying to whitewash atrocities committed during …
your ad hereTrump Promises $1T Infrastructure Project; Older Cities Badly Need It
America’s infrastructure is crumbling. A report card from the American Society of Civil Engineers gives the country’s roads, bridges and public works a D+, with a large portion of the structures showing significant deterioration. Tuesday, President Donald Trump reiterated his promise to spend one trillion dollars to overhaul the infrastructure. …
your ad hereCash Must Stay, Even in Digital Age, Says German Economy Minister
Cash is crucial, Germany’s economy minister said on Wednesday, defending the role of notes and coins in a debate in Europe about the merits of limiting cash payments to counter terrorism. The European Commission is weighing stricter rules on the use of cash to cut terrorists’ funding, and Germany’s finance …
your ad hereBorn on Bayou: NYC Ferry Fleet Builds for Summer Launch
The future of public transportation in New York City is taking shape on the bayous of Louisiana and Alabama. Shipyard workers in the two states are scrambling to finish the city’s new ferry fleet in time for a launch this summer, just a little more than a year after it …
your ad hereTanzania Struggles to End Child Labor
Three years ago, 14-year-old Julius left his family near the lakeside city of Mwanza, Tanzania, to try his luck mining gold. Today, Julius is in no hurry to leave, despite having one of the riskiest jobs on a chaotic mine site — handling mercury each day with his bare hands. …
your ad hereUS Coal Companies Ask Trump to Stick With Paris Climate Deal
Some big American coal companies have advised President Donald Trump’s administration to break his promise to pull the United States out of the Paris Climate Agreement — arguing that the accord could provide their best forum for protecting their global interests. Remaining in the global deal to combat climate change …
your ad hereBidders on US-Mexico Border Wall Offer Different Ideas
Michael Evangelista-Ysasaga wants to build a humane wall on the border between the U.S. and Mexico. That is one reason the Mexican-American answered a call from U.S. Customs and Border Protection for proposals on sections of the wall to be built on the Southwestern border. Evangelista-Ysasaga said his company, the …
your ad hereTrump Tells CEOs He’ll Only Back Shovel-ready Infrastructure
With legislation overhauling taxes and health care on an uncertain path, President Donald Trump returned to the familiar. Trump brought 52 business leaders from New York City to the White House Tuesday to talk about another favorite campaign issue — infrastructure and economic growth. The U.S. economy has so …
your ad hereGold Imports Surge as Turks Heed Erdogan’s Call and Vote Looms
Turkish gold imports rose 17-fold to 28.2 tons in March, as Turks looking to hedge currency risk ahead of a referendum in two weeks time followed President Tayyip Erdogan’s calls to buy gold instead of dollars. After the sharpest falls in the Turkish lira since the 2008 financial crisis last …
your ad hereFirst Deadline Passes for Companies to Build Border Wall
The first phase of what is expected to be a lengthy and costly process to build additional segments of wall along the southwestern U.S. border ended as the deadline expired Tuesday afternoon for companies to pitch their ideas to the government. The bidding process was to build 3-by-3-meter (10-by-10-foot) prototypes …
your ad hereChilean Finance Minister Casts Doubt on Pension Reform Plans
The Chilean government’s plans to reform the country’s pension system will be in doubt if governing coalition members are unable to reach agreement among themselves on the design of any new legislation, the finance minister said on Tuesday. Chile’s privatized pension system was started in the 1980s during the dictatorship …
your ad hereThousands of Non-US Job Seekers Apply for H1-B Visas
Large numbers of job seekers from around the world are filing applications at U.S. federal offices as the season opened Monday for H1-B visas for foreign workers. H1-Bs allow employers – mostly high-tech firms – to hire skilled foreign workers for jobs in the United States for three years. …
your ad hereKenyan Entrepreneur Turns Invasive Weed Into Profit
An innovator at Kenya’s Lake Victoria has turned an invasion of water hyacinth into a business opportunity, making paper from the weed that he sells in local shops. The initiative is creating jobs and supporting environmental sustainability. Michael Otieno began making paper from water hyacinth ten years ago. The flowering …
your ad hereSouth Africa Credit Downgrade Deepens Political Turmoil
Recent political turmoil in South Africa has come at a cost, with ratings agency S&P Global saying a controversial Cabinet reshuffle and growing pressure on the president to resign have lowered the country’s sovereign credit rating to “junk” status. Economists predict that will result in higher interest rates and higher …
your ad hereSources: Hyundai Motor, Kia Motors Cut China Output Amid Diplomatic Tensions
South Korea’s Hyundai Motor Co and Kia Motors Corp have slashed vehicle production in China, sources said, as diplomatic tensions and competition from Chinese brands play havoc on sales and threaten earnings. China, the world’s biggest auto market, accounted for over a quarter of the pair’s 2016 overseas sales but …
your ad herePipeline Owner Says Alaska Spill Was Less Than 3 Gallons
An underwater pipeline that sprung a leak in Alaska’s Cook Inlet, an area known for diverse marine life, probably dumped less than three gallons (11 liters) of crude oil into the ocean, the pipeline’s owner said Monday. The spill between two production platforms owned by Hilcorp Alaska LLC was spotted …
your ad hereUS Homeland Security Announces Steps Against H1B Visa Fraud
The U.S. Department of Homeland Security announced steps on Monday to prevent the fraudulent use of H1B visas, used by employers to bring in specialized foreign workers temporarily, which appeared to fall short of President Donald Trump’s campaign promises to overhaul the program. Trump had promised to end the lottery …
your ad hereIMF Chief: Government Policies Needed to Reverse Productivity Slowdown
The effects of the 2008 financial crisis are still being felt, says the International Monetary Fund’s Managing Director Christine Lagarde. She cites a new IMF study showing global productivity has slowed to 0.3 percent over the last decade, lower than the pre-crisis average of about 1 percent growth per year. …
your ad hereJapan Business Mood Brightens as Recovery Broadens
Japanese big manufacturers’ business confidence improved for a second straight quarter to hit a one-and-a-half year high in March, a closely watched central bank survey showed, a sign the benefits of an export-driven economic recovery were broadening. Service-sector sentiment improved for the first time in six quarters and companies remained …
your ad hereMarathoners Set to Pump $192M Into Boston Economy
Training for the Boston Marathon has left Tommy Race feeling spent. His bank account, too: Race’s Boston adventure will cost about $2,000. “It’s a lot of money, but it’s also a vacation,” said Race, a high school math teacher from Bellingham, Washington. “For a runner like myself, I’d much …
your ad hereMinister: Iraq to Boost Crude Oil Production by Year’s End
Iraq’s oil minister said on Sunday that his country plans to increase daily crude oil production to 5 million barrels by the end of this year, up from the current rate of about 4.4 million barrels per day, to secure sorely needed cash for its ailing economy. Iraq, where …
your ad hereEthical Investing Surges, But It May Not Be That Ethical
Investors are plowing ever more into ethical funds to back their views on issues such as global warming and gender equality, but such investments can be confusingly similar to standard funds, except for higher fees and “green halo” marketing. The $23 trillion “sustainable, responsible and impact” (SRI) investment sector has …
your ad hereTrump Turns Up Heat on International Trade
President Donald Trump doubled down on his tough talk on trade with a pair of executive orders Friday, which he says are designed to level the playing field and reduce the $500 billion US trade deficit, more than half of which is with China. As Mil Arcega reports, the issue …
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