Archive List for economy

South China Sea: Chinese ships remain at Whitesun Reef

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AlJazeeraEnglish

Filipinos are saying territories in the South China Sea have never been more threatened and are questioning whether President Rodrigo Duterte will act decisively. Chinese ships are anchored at the Whitsun Reef, which is part of the Philippines’ Exclusive Economic Zone, but is also claimed by Beijing as its own. Al Jazeera’s Jamela Alindogan reports from Manila. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Philippines #China

South Korea’s housing crisis worsens with new scandal

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AlJazeeraEnglish

Rising property prices in South Korea are putting house purchases beyond the reach of many young people. It has become one of the major issues in local elections taking place this week. The government promised to take measures to calm the market, and recently announced plans for more affordable housing. But a state-owned company is accused of insider trading, buying up land that will be used for housing in advance. Al Jazeera’s Rob McBride reports from Seoul, South Korea. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #SouthKorea

What’s the secret behind Iraq’s large gold exports?

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AlJazeeraEnglish

Gold has become one of Iraq’s top exports despite there being no gold deposits. Last year, it exported nearly $8bn worth of gold to Turkey alone. So what is the secret? Al Jazeera’s Osama Bin Javaid reports from Baghdad. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Iraq

Young Zimbabweans turn to farming to survive

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AlJazeeraEnglish

High unemployment in Zimbabwe makes it hard for young people to find work. Some are becoming farmers to earn a living. They are leasing land or using farms their parents acquired during the government’s land reforms. More than 20 years after land was seized from whites, several farms are still not being fully utilised. Young farmers like Terence Maphosa say that needs to change. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #Zimbabwe

El-Erian: The Fed has a difficult situation it may lose control of the bond market

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yahoo finance

#Mohamed El-Erian #FederalReserve #Bondmarket Mohamed El-Erian, president of Queens’ college at Cambridge University and Allianz chief economic advisor, joins Yahoo Finance to discuss the latest Fed decisions, impacts from bond market moves, and inequality due to the pandemic. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize […]

Bali tourism collapse: Residents rethink island’s future

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AlJazeeraEnglish

0 The Indonesian island of Bali is one of Asia’s most popular tourism destinations. But the pandemic has forced dozens of hotels to close, leaving thousands of people unemployed. And, with no indication of when tourists might return, some say Bali needs to diversify its economy. Al Jazeera’s Jessica Washington reports from Jakarta, Indonesia. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Indonesia #COVID19 #Tourism

Yanis Varoufakis: Capitalism has become ‘techno-feudalism’ | UpFront

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AlJazeeraEnglish

0 A recent Oxfam study found that since the start of the coronavirus pandemic, the world’s richest 10 billionaires have seen a wealth increase of half a trillion dollars – enough to pay for every person on the planet to get a vaccine. In this UpFront special, Marc Lamont Hill discusses with economist and former Greek Finance Minister Yanis Varoufakis what is driving the staggering wealth inequalities and how governments are offering socialism for the rich, and austerity for the rest.

Oman: History, Power and Influence | Al Jazeera World

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AlJazeeraEnglish

Tribes, wars, colonisation, empire, rebellion, independence and reconstruction – this is the compelling history of the Gulf state of Oman, from the 16th century to the present day. Oman began as a trading nation but was then colonised by the Portuguese. Local Omani leaders later expelled the Europeans and went on to use their own powerful navy to build an empire that, at its peak, stretched from the Arabian Gulf halfway down the coast of East Africa. But the British then arrived in the region and used their own considerable naval power to gain control of the Gulf route to India. The plot then thickened as Britain’s deals with the […]

Post-Brexit, new export paperwork affect UK businesses

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AlJazeeraEnglish

0 After a long quiet period, the United Kingdom’s seaports to France and Belgium are expected to get back to normal this week. But businesses are watching anxiously, having to battle through new export paperwork brought in after Brexit. For some, it may mean saying farewell to their biggest market. Al Jazeera’s Jonah Hull reports from Dover, in Kent. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #UK #Brexit

North Korea leader makes rare admission of economic failure

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AlJazeeraEnglish

0 North Korea’s leader has made a rare admission of failure. Speaking during the country’s largest political event, Kim Jong Un said its economic plan had failed significantly and acknowledged painful lessons have been learned. Al Jazeera’s Rob McBride reports from Seoul, South Korea. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #NorthKorea