Archive List for business and economy

Portugal brain drain: Young professionals flee stagnating economy

A stagnant economy and spiraling cost of living in Portugal are forcing a generation of young people to seek opportunities elsewhere – a brain drain that costs the economy billions of dollars in lost revenue. The government’s planning generous tax breaks for young people to encourage them to stay. But even that might not be enough. Al Jazeera’s Jonah Hull reports from Lisbon, Portugal. Subscribe to our channel: http://bit.ly/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/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Portugal #Employment #PortugalBrainDrain #WebSummit #Lisbon #TechBoom #BrainDrain #AlJazeeraEnglish #PortugalEconomy

Unrest in Pakistan-administered Kashmir: Protests against soaring costs turn violent

Demonstrations against inflation have been called off in Pakistan-Administered Kashmir but organisers want a general strike. Civil rights groups say the action is to protest the killing of three civilians during riots. Thousands in Muzaffarabad have been demonstrating since Friday, against soaring living costs. Rallies calling for government subsidies were confronted by paramilitary troops. Al Jazeera’s Kamal Hyder reports from the regional capital, Muzaffarabad. Subscribe to our channel http://bit.ly/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/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Pakistan #PakistanKashmir #Kashmir #JammuKashmirJointAwamiActionCommittee #JAAC #Muzaffarabad #PakistanKashmirProtests #Inflation

Afghanistan economy: Businesses try to stay afloat amid restrictions

Afghanistan’s economy has suffered since the Taliban took over in 2021 with some sectors collapsing altogether. But the country’s businesses are still finding ways to stay afloat, despite significant banking restrictions. Al Jazeera’s Osama Bin Javaid has been meeting business owners in the city of Herat, Afghanistan. Subscribe to our channel http://bit.ly/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/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Afghanistan #AfghanEconomy #AfghanBusiness #AfghanGovernment #AlJazeeraEnglish

Australian-Chinese relations: Albanese visits Beijing to ease tension

Australian Prime Minister, Anthony Albanese, is in China on a visit aimed at improving strained diplomatic relations. He is the first Australian leader to visit the country since 2016. Australian wine and food exporters are hoping he will be able to restore access to China’s billion-dollar market. Al Jazeera’s Katrina Yu reports from Beijing, China. Subscribe to our channel http://bit.ly/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/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #AustraliaChina #AustraliaChinaTies #AustraliaChinaRelations #AnthonyAlbanese

Lebanon crisis: Tripoli struggles against economic collapse

Decades of mismanagement and corruption have led to the near collapse of Lebanon’s political system and its economy. Nowhere is that more evident than in Tripoli. Successive governments are blamed for neglecting its rich heritage. Al Jazeera’s @Zeina Khodr reports from Tripoli, northern Lebanon. – 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 #Aljazeeraenglish #News #Lebanon #economy

Russia’s economy begins to feel sanctions effect

Russians are only just starting to see the effect the war is having on their economy, as sanctions and international isolation begin to bite. From inflation to supply chain logistics, every corner of the economy will feel the effect. Al Jazeera’s @Bernard Smith has more from Moscow. – 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 #Russia #Economy

Investigation under way into Suez Canal blockage

Experts have boarded the container ship Ever Given, which was dislodged on Monday six days after it got stuck in the Suez Canal, seeking to investigate what caused the grounding that shook the global shipping industry. The Ever Given was safely anchored on Tuesday in the Great Bitter Lake, a wide stretch of water halfway between the north and south ends of the canal, after salvage teams finally freed the giant vessel on Monday afternoon. The grounding had halted billions of dollars a day in maritime commerce. – 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/ […]

Traffic in Suez Canal resumes after stranded ship refloated

Shipping traffic through Egypt’s Suez Canal has once again resumed, with the Ever Given ship now unstuck. On Monday, tug boats towed the giant container ship to the centre of the canal where it had been jammed for nearly a week. About 15 percent of world shipping traffic passes through the Suez Canal and the blockage had disrupted global supply chains. Al Jazeera’s Victoria Gatenby reports. – 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/ #Egypt #SuezCanal #EverGiven

Stranded Ever Given back afloat in Suez Canal: Reports

The Ever Given has been “successfully refloated” on the Suez Canal, according to Inchcape Shipping Services, a week after it ran aground in high winds blocking one of the world’s busiest shipping lanes. “She is being secured at the moment. More information about next steps will follow once they are known,” the company said on Twitter. Al Jazeera’s Alexi O’Brien reports. – 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/ #Egypt #SuezCanal #EverGiven

Tugs, dredgers continue work to refloat ship blocking Suez Canal

Suez Canal salvage teams were alternating between dredging and tugging on Sunday to dislodge a massive container ship blocking the busy waterway, but two sources said efforts had been complicated by rock under the ship’s bow. Dredgers working to dislodge the stranded vessel have so far shifted 27,000 cubic metres (954,000 cubic feet) of sand, to a depth of 18 metres (59 feet), and efforts would continue around the clock, wind conditions and tides permitting, the Suez Canal Authority (SCA) said in a statement. Egypt’s President Abdel Fattah el-Sisi has ordered preparations for the possible removal of some of the ship’s cargo to help refloat it, SCA Chairman Osama Rabie […]