Sunday, November 27, 2022
US employers added 261,000 jobs in October, a solid gain that nevertheless fell short of expectations. Analysts had expected a sharp increase in hiring, after hurricanes Irma and Harvey depressed payroll growth in September. Wage growth was also slower than expected, while the number of people not in the labour force...
Lawyers for US President Donald Trump are seeking to stop the release of a book containing damaging allegations about his administration. Fire and Fury: Inside the Trump White House is due for release on Tuesday. It cites former top aide Steve Bannon as describing a meeting with a group of Russians...
US President Donald Trump has said he does not blame China for the "unfair" trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China "credit" for working to benefit its citizens by taking advantage of the US. He spoke alongside China's president Xi...
Kenya has delayed talks on a trade deal with the United States until a pan-African trade bloc comes into force, President Uhuru Kenyatta said last week Thursday, likely holding up what would be Washington’s first such pact in sub-Saharan Africa. U.S. President Donald Trump and Kenyatta agreed in February to...
The story of U.S. leadership in the global battle against COVID-19 is a story of days, months, and decades. Every day, the United States provides U.S. technical assistance to hospitals and labs around the world. These efforts, in turn, build on a decades-long foundation of American expertise, generosity, and...
US president Donald Trump continued his funding threats to the World Health Organization, WHO; with a May 18 letter that threatened outright withdrawal of the US from the organization. The four-paged letter addressed to the WHO Director-General, Tedros Adhanom Ghebreyesus said that the body had 30-days to undertake needed reforms. “I will make my temporary freeze of United States funding...
It is quite some exciting news in the midst of all the chaos currently engulfing the United States of America as the fight to get reforms to curtail injustice perpetuated against blacks across the country. This has received some sort of endorsement with protests around the world with the...
Some senior officials in the Trump administration have agreed to new measures to restrict the global supply of chips to Huawei Technologies, at a time when the COVID-19 pandemic impacts economic growth around the world. Under the proposed rule change, foreign companies that use U.S. chip-making equipment would be required...
Since World War II, the global economy has performed beyond the wildest dreams of its post-war architects, yielding unprecedented gains in health, education, living standards, poverty reduction, and wealth. Central to this success was the growth and liberalization of international trade, which was made possible with US leadership in...
President Joe Biden’s announcement that the US will have enough COVID-19 vaccines for every American by the end of May has contributed to a rising tide of optimism about the country’s economic prospects this year. This, and other good reasons to be hopeful about the economy, opens a valuable...
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