Posted in Industry

China Evergrande Braces for Debt Deadline after Doubting Ability to Pay

HONG KONG — After lurching from deadline to deadline, China Evergrande Group is again on the brink of default, with pessimistic comments from the property developer raising expectations of direct state involvement and a managed debt restructuring.Havin…

Continue Reading...
Posted in Industry

Unemployment Rate In Philippines Decreases To 7.4 Percent In Oct

MANILA, Around 3.50 million Filipinos were out of work in Oct, down from the 4.25 million reported in Sept, according to the Philippine Statistics Authority (PSA) survey.In an online briefing, PSA head, Dennis Mapa, said, the Oct unemployment rate, 7.4…

Continue Reading...
Posted in Industry

U.S. job growth likely picked up; unemployment rate seen at 20-month low

Washington, U.S. employers likely stepped up hiring in November as they scrambled to meet strong demand for goods and services, giving the economy a strong boost as another challenging year draws to a close, though worker shortages remained a constrain…

Continue Reading...
Posted in Industry

Surge in Cooking Gas Prices in Nigeria Worries Suppliers, Environmentalists

ABUJA, NIGERIA — Abuja resident Freda Igri was preparing to make her native afang soup for her family, but her cooking gas tank was empty.The price to refill a 12.5 kg tank with gas — about $25 U.S. — was nearly triple the normal price, and she said sh…

Continue Reading...
Posted in Industry

UN Chief Denounces COVID ‘Travel Apartheid’ Against Southern Africa

UNITED NATIONS — U.N. Secretary-General Antonio Guterres said Wednesday that southern African nations that first detected the omicron COVID-19 variant are being collectively punished with travel restrictions, and he urged “common sense” to respond to t…

Continue Reading...
Posted in Industry

UNESCO approves UAE-led decision to consolidate action for protection of cultural and creative ecosystem

Abu Dhabi, The Executive Board of the United Nations Educational, Scientific and Cultural Organization (UNESCO) has adopted a decision led by the United Arab Emirates, a member of the Executive Board of the Organization, to consolidate action for the p…

Continue Reading...
Posted in Industry

Refugees in Kenya Welcome New Law Allowing Them to Integrate into Economy, Society

NAIROBI — In Kenya, refugees and their supporters have welcomed a new law that gives the country’s half a million refugees better access to education and work. The law comes as Kenya plans to close two of the region’s largest refugee camps, which are h…

Continue Reading...
Posted in Industry

Yemen: Shocks, agricultural livelihoods and food security, Monitoring report, December 2021

This report shares an analysis of the effects of natural and man-made shocks in Yemen’s agri-food system. It analyses the results of a field assessment conducted from November 2020 to February 2021 .The Food and Agriculture Organization of the United N…

Continue Reading...
Posted in Industry

South Africa’s ‘Little People’ Urge Better Accessibility

JOHANNESBURG — From navigating shopping centers to government offices, South Africa’s “little people” say public spaces aren’t designed to be accessible for them. One advocacy group in Johannesburg is calling for better support to help them live indepe…

Continue Reading...
Posted in Industry

UN: Pandemic to Cost Global Tourism $2.0 Trillion in 2021

The coronavirus pandemic will cost the global tourism sector $2.0 trillion in lost revenue in 2021, the U.N.’s tourism body said Monday, calling the sector’s recovery “fragile” and “slow.”The forecast from the Madrid-based World Tourism Organization co…

Continue Reading...