Category Archives: Business

World Bank Pauses Mali Payments After Coup as Leader Warns Against Sanctions

The World Bank said on Friday it had temporarily paused payments to operations in Mali following a military coup, while the man expected to become the new prime minister warned sanctions would only complicate the country’s crisis.The World Bank’s actio…

Biden Touts Economic Benefits of Combating Climate Change

U.S. President Joe Biden joined business and union leaders Friday in touting the economic benefits of addressing global warming when he delivered remarks from the White House on the last day of a two-day virtual climate change summit.“When we invest in…

Job Losses Loom in Kenya’s Tea Industry as Workers Compete with Machines???

A group of women pick tea leaves at a plantation in Kenya’s tea belt in the Rift Valley, where harvesting has traditionally been done by hand. This labor-intensive practice is said to ensure the region produces the high-quality tea that is among the co…

Worldwide Major Arms Sales Remain Flat but Middle East Increases Imports

International deliveries of arms were flat in the period from 2016 to 2020, ending more than a decade of increases, the Stockholm International Peace Research Institute (SIPRI) said in a report on Monday.The United States, France and Germany, three of …

In 1st Day on Job, New WTO Chief Pushes for Fisheries Deal

The new head of the World Trade Organization threw her support behind long-fruitless efforts among member countries to agree on fisheries subsidies that could reduce overfishing, calling the efforts a top priority as she took office on Monday. Director…

Ancient Mass Production Brewery Uncovered in Egypt

Archaeologists have discovered a 5,000-year-old brewery that could produce thousands of liters of beer in the ancient Egyptian city of Abydos, Egypt’s Tourism and Antiquities Ministry said. The site in Egypt’s Sohag Governorate likely dates back to the…