Archive List for economy

Saffron brings hope to Afghanistan amid economic collapse

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AlJazeeraEnglish

Farmers in western Afghanistan have just finished harvesting flowers that produce saffron. It is the world’s most expensive spice, and the crop offers hope in a country teetering on the brink of economic disaster. Al Jazeera’s @Rob McBride reports from the western province of Herat, Afghanistan. – 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 #Afghanistan #Saffron

Lira crash slams Turkey’s factories, farmers and retailers

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AlJazeeraEnglish

Turkey’s president has outlined government plans to salvage the economy after the value of the Turkish lira sank to a new record low. Recep Tayyip Erdogan says low-interest rate loans and employer incentives will boost production. But high inflation is pushing up the cost of goods and making manufacturing more expensive. Al Jazeera’s @Sinem Koseoglu reports from Istanbul, Turkey. – 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 #Turkey #Lira

Global supply crisis: Shipping delays for Chinese-made goods

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AlJazeeraEnglish

The COVID-19 pandemic has caused logistical headaches for global shippers thanks to raised transport costs, quarantine measures and extra paperwork. China’s zero-tolerance approach to the coronavirus has not helped: in May it closed one of its busiest ports because of a COVID-19 outbreak. That has affected the supply of Chinese products to the United States, dampening the Thanksgiving Day holiday sales, when shoppers are traditionally on the hunt for bargains. Al Jazeera’s @Katrina Yu reports from Beijing, China. – 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 #China #SupplyChain

Pakistanis suffer as inflation rises, economy worsens

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AlJazeeraEnglish

The International Monetary Fund earlier this week said it had agreed with Islamabad on measures needed to reive a stalled $6bn funding programme for Pakistan where inflation reached more than 9 percent in October. Pakistanis are struggling to make ends meet as the economy takes a dive. The price of goods has hit a 70-year high and the local currency has weakened against the US dollar. Al Jazeera’s Osama Bin Javaid reports from Islamabad, Pakistan. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Pakistan

Haiti’s most powerful gang leader talks to Al Jazeera

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AlJazeeraEnglish

Al Jazeera has spoken exclusively to Haiti’s most powerful gang leader. Armed groups now run large parts of the country and have filled a power vacuum left by the assassination of President Jovenel Moise in July. Al Jazeera’s Rob Reynolds has more from Port-au-Prince, Haiti. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Haiti

Afghan economy, carpet exports hit by US sanctions

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AlJazeeraEnglish

Afghanistan’s famed carpet industry is facing its biggest crisis since the Taliban took over in mid-August. Due to the US freeze on its financial assets and border closures, the carpet exports have plummeted. It has brought uncertainty to millions of people who depend on the sector. Al Jazeea’s Hashem Ahelbarra reports from Mazar-i-Sharif, Afghanistan. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #Aghanistan #Taliban

Here’s why Evergrande crisis matters

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CNBC

#shorts #evergrande #evergrandegroup Subscribe to CNBC International TV: http://cnb.cx/2wAkfMv Subscribe to CNBC International: http://cnb.cx/2gft82z Like our Facebook page https://www.facebook.com/cnbcinternational Follow us on Instagram https://www.instagram.com/cnbcinternational/ Follow us on Twitter https://twitter.com/cnbci

The global chip shortage will probably hit your everyday life

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CNBC

There are semiconductors in everything from washing machines to cars to smartphones. There’s also not nearly enough of them. CNBC explores how the global chip shortage started, and what it will take to end it. Video contents: 00:00 Intro 01:28 Overview 02:42 Major executives’ responses 03:41 The reason behind chip shortages 04:54 How long will it last? 06:34 Where is the shortage coming from? 08:41 Structural challenges faced 11:17 Reshoring manufacturing 13:57 Resolution 15:52 Automakers’ impact 17:43 Other industries affected 18:30 Price of semiconductors #chip #chipshortage #semiconductors —– Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on […]

Concerns grow across UK about looming cost-of-living crisis

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AlJazeeraEnglish

Rising energy costs and clawbacks on government pandemic benefits are leading to what many see as a looming cost-of-living crisis in the UK. But the man in charge of the purse strings is warning that the UK’s pandemic spending comes at a cost to future generations. Speaking at the annual conference of the ruling Conservative Party, Finance Minister Rishi Sunak said it would be immoral to keep loading debt onto future generations. He said it was also time to raise taxes. Al Jazeera’s Paul Brennan reports from Manchester. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on Facebook: https://www.facebook.com/aljazeera/ – Check our website: https://www.aljazeera.com/ #UK #Economy #COVID

China pumps $14bn in cash into market amid Evergrande crisis

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AlJazeeraEnglish

China’s Evergrande Group – the world’s most indebted real estate developer – has offered to pay back some of its investors with some of its properties. The company has been struggling to raise funds to pay debts estimated at $300bn. If it fails it could affect China’s economy – the world’s second-largest – but China pumped more cash into its banking system on Friday to avert a liquidity squeeze. Al Jazeera’s Laura Burdon-Manley 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/ #AlJazeeraEnglish #China #Evergrande