Category: Бізнес
Brazil Eyes Management Overhaul for Vale After Dam Disaster
29/01/2019
Brazil eyes management overhaul for Vale after dam disaster Brazil’s government weighed pushing for a management overhaul at iron ore miner Vale SA on Monday as grief over the hundreds feared killed by a dam burst turned into anger, with prosecutors, politicians and victims’ families calling for punishment. By Monday night, firefighters in the state …
Report: ‘Food Shocks’ Increasing in Frequency Over Last Five Decades
29/01/2019
Food shocks, or sudden losses of crops, livestock or fish, due to the combination extreme weather conditions and geopolitical events like war, increased from 1961 to 2013, said researchers at The University of Tasmania in a report released Monday. Researchers saw a steady increase in shock frequency over each decade with no declines. The report, …
Leaders Skip Davos Amid Domestic Troubles, Anti-Globalist Backlash
27/01/2019
The World Economic Forum summit in Davos, Switzerland, that wrapped up Friday, had some notable absentees, including U.S. President Donald Trump. With a backlash against a perceived ruling elite gaining ground in many countries, analysts say some leaders steered clear of a gathering often seen as an inaccessible club for the world’s super-rich. Others argue it is vital …
Germany to Phase Out Coal by 2038
26/01/2019
A government-appointed commission laid out a plan Saturday for Germany to phase out coal use by 2038. The commission — made up of politicians, climate experts, union representatives and industry figures from coal regions — developed the plan under mounting pressure on Europe’s top economy to step up efforts to combat climate change. “This …
Commission: Put People First in Drive to Automate Jobs
26/01/2019
The world of work is going through a major transformation. Technological advances are creating new jobs and at the same time leaving many people behind as their skills are no longer needed. A new study by the International Labor Organization’s Global Commission on the Future of Work addresses the many uncertainties arising from this new …
At Davos, Nearly half WTO Members Agree to Talks on new e-Commerce Rules
25/01/2019
Impatient with the lack of World Trade Organization rules to cover the explosive growth of e-commerce, 76 countries and regions agreed on Friday to start negotiating this year on a set of open and predictable regulations. The WTO’s 164 members were unable to consolidate some 25 separate e-commerce proposals at the body’s biennial conference at …
US House Republican Introduces Bill to Grant Trump More Tariff Power
25/01/2019
A Republican U.S. representative on Thursday introduced White House-drafted legislation that would give President Donald Trump more power to levy tariffs on imported goods in an effort to pressure other countries to lower their duties and other trade barriers. The measure offered by Representative Sean Duffy, which has been touted by Trump administration officials, has …
EU’s Malmstrom: Europe Should be More Ambitious on Climate Change
24/01/2019
European Trade Commissioner Cecilia Malmstrom said on Thursday that Europe should be more ambitious on issues such as climate change as a way to unite the bloc around a single vision. “We need a great debate on the future of Europe,” she said in a wide-ranging debate at the World Economic Forum in Davos on …
EU Calls for Tougher Checks on Golden Visa Applicants
23/01/2019
The European Union on Wednesday warned countries running lucrative schemes granting passports and visas to rich foreigners to toughen checks on applicants amid concern they could be flouting security, money laundering and tax laws. EU countries have welcomed in more than 6,000 new citizens and close to 100,000 new residents through golden passport and visa …
Best and Worst Jobs of the Future
23/01/2019
The hottest job of the future might be app developer. All you have to do is look at what you’re holding in the palm of your hand to figure out why. “All of us use our cellphones probably more than we should be every day, and that is what is driving the demand for app …
Davos Annual Meeting Open Amid Trade Wars, Slow Growth and Brexit
23/01/2019
The annual World Economic Forum opened today in Switzerland against a backdrop of anxieties over trade disputes, Brexit and a growth slowdown that some fear could tip the world economy. VOA’s Mariama Diallo reports. …
Minister: Nigeria to Recommend 50 Percent Hike in Minimum Wage
22/01/2019
Nigeria is to send a bill recommending a national minimum monthly wage rise of 50 percent to 27,000 naira ($88) to lawmakers in the national assembly, the labor minister said on Tuesday. Cost of living is a major campaign issue ahead of a presidential election on 16 February and unions want the minimum wage to …
Brazil’s Nationalist Leader to Address Davos Globalist Crowd
22/01/2019
Brazilian President Jair Bolsonaro will headline the first full day of the World Economic Forum in Davos, Switzerland, with a speech to political and business leaders. The nationalist leader is attending an event that has long represented business’s interest in increasing ties across borders. But globalism is in retreat as populist leaders around the …
Economists: Political Uncertainties, Trade Tensions Affect Economic Growth
22/01/2019
Economists warn that political uncertainties and trade tensions could undermine global economic growth. Rights groups warn of the dangers of growing economic inequality. About 3,000 political and economic leaders have gathered in the Swiss resort town of Davos to discuss global business and economic trends at an annual economic forum. VOA’s Zlatica Hoke reports. …
UN Forecasts Global Economic Growth Around 3 Percent in 2019
21/01/2019
The United Nations is forecasting that the global economy will grow by around 3 percent in 2019 and 2020, but says waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects The United Nations is forecasting that the global economy will grow by around 3 percent in 2019 and …
UK Leader Unveils Brexit Plan B, Looks a Lot Like Plan A
21/01/2019
British Prime Minister Theresa May unveiled her Brexit Plan B on Monday — and it looks a lot like Plan A. May launched a mission to resuscitate her rejected European Union divorce deal, setting out plans to get it approved by Parliament after securing changes from the EU to a contentious Irish border measure. May’s …
China’s 2018 Economic Growth Edges Down Amid Trade War
21/01/2019
China’s 2018 economic growth decelerated to 6.6 percent after activity in the final quarter of the year declined amid a tariff battle with Washington. Data announced Monday showed economic growth cooled to a post-global crisis quarterly low of 6.4 percent in the three months ending in December from the previous quarter’s 6.5 percent. Chinese economic …
Uganda Seeks to Regulate Lucrative Fish Maw Trade
21/01/2019
The sale of Nile Perch fish maw in Uganda has become a lucrative business, especially for distributors. The fish maw – or dried swim bladder – is used as an aphrodisiac in China. But Ugandan fishermen bringing in the perch say they are being exploited while others are reaping the profits. Halima Athumani reports from …
Stocks Rally on Trade Hopes, Dollar Has 1st Weekly Gain of 2019
19/01/2019
World stock indexes jumped on Friday, with Wall Street posting a fourth straight week of gains, and the dollar had its first positive week since mid-December as optimism increased that an end is in sight to the U.S.-China trade conflict. Stocks were boosted by a Bloomberg report that said China sought to raise its annual …
US Consumer Morale at Two-year Low; Factory Output Surges
18/01/2019
U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago as a partial shutdown of the federal government and financial market volatility stoked fears of a sharp deceleration in economic growth. The drop in confidence reported by the University of Michigan on Friday was the clearest sign …
EU Wants to Exclude Agriculture From Trade Talks With US
18/01/2019
The European Union insisted Friday that agriculture be kept out of the EU-U.S. trade negotiations, despite Washington’s wishes to include the vast sector, and said any overall deal will be limited in scope. The EU Commission announced its pro posals for a negotiating mandate from the 28 member states and said that the EU negotiations …
Gloomy Davos: Plenty of Crises, Few World Leaders
18/01/2019
An array of crises will keep several world leaders away from the annual World Economic Forum (WEF) in Davos next week, which takes place against a backdrop of deepening gloom over the global economic and political outlook. Anxieties over trade disputes, fractious international relations, Brexit and a growth slowdown that some fear could tip the …
WSJ: US Treasury Secretary Mnuchin Weighs Lifting Tariffs on China
18/01/2019
U.S. Treasury Secretary Steven Mnuchin discussed lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for Jan. 30, the Wall Street Journal reported Thursday, citing people familiar with the internal deliberations. But Trade Representative Robert Lighthizer has resisted the idea, and the proposal had not …
Indonesian Presidential Candidates Spar Over Corruption
17/01/2019
Indonesian President Joko Widodo has accused his election rival of allowing corrupt candidates on his legislative ticket and failing to include women in senior positions. Widodo and former General Prabowo Subianto, along with their running mates, faced off Thursday in the first of five debates before the April 17 election. The debate focused on terrorism, …
Tunisia Hit by General Strike, Amid Economic Tensions
17/01/2019
Workers around Tunisia went on strike Thursday to demand higher pay in a standoff with a government struggling to reduce unemployment, poverty and social tensions. All flights in and out of the North African country’s main airport were cancelled, and schools nationwide were closed. Ports, public transport, hospitals and other public services were also disrupted. …
Chinese Trade Negotiator to Visit US in Late January
17/01/2019
China’s economic czar, Vice Premier Liu He, will travel to the United States later this month for the second round of negotiations aimed at resolving the ongoing trade war between the global economic giants. Commerce Ministry spokesman Gao Feng told reporters in Beijing Thursday that Liu will visit Washington on January 30-31. He was invited …