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The disruption has raised concerns over the situation of students who are due to take examinations at the end of the year, especially in light of the protest-related disruption that happened in 2019. [312] On 5 February, flag carrier Cathay Pacific requested its 27,000 employees to voluntarily take three weeks of unpaid leave by the end of June ...
Suspected Russian hackers disrupted the market in U.S. Treasuries by attacking China’s—and the world’s—largest bank Lionel Lim November 10, 2023 at 5:04 AM
During 2022 and 2023 there were food crises in several regions as indicated by rising food prices. In 2022, the world experienced significant food price inflation along with major food shortages in several regions. Sub-Saharan Africa, Iran, Sri Lanka, Sudan and Iraq were most affected. [1][2][3] Prices of wheat, maize, oil seeds, bread, pasta ...
As the world economy has struggled to regain its footing amidst the events of the past few years, Chinese exports have skyrocketed in the global market, rapidly increasing production to cover the quickly-rising global demand. In just one year, China's trade surplus with the US alone rose to $335.5 billion in 2021, up from $308.1 billion in 2020.
A few hours later, between 5 and 6 a.m., public transit systems in the Northeast begin announcing that they have been impacted. Washington, DC, public transportation services — including trains ...
June 25, 2024 at 7:03 PM. By Lisa Barrington and Jeslyn Lerh. SEOUL/SINGAPORE (Reuters) - Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how ...
A global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the globe facing shortages and increased prices in oil, gas and electricity markets. The crisis was caused by a variety of economic factors, including the rapid post-pandemic economic rebound that outpaced energy supply, and escalated into a widespread ...
Chinese e-commerce giant Temu is the latest warning sign that the world's second-largest economy could be headed for a doom loop caused by overproduction and Beijing's industrial planning.