KHOST, AFGHANISTAN: In Khost province of Afghanistan, people have to use snow in summer to keep food fresh as there is no electricity. When it snows in the winter season, the local people in the mountainous areas of the city store the snow in special warehouses and then bring it by trucks to city during […]
TUNIS, Tunisia – Tunisia is “on the verge of an economic disaster,” the Tunisian General Labor Union (UGTT) said in a statement marking the Labor Day. “Tunisia is on the brink of an economic disaster for which it has not found solutions other than more debt and burdening the people with taxes, high prices and […]
ANKARA (AA) – Turkiye and Saudi Arabia are striving to increase all kinds of political, military and economic relations to start a new era, the Turkish president said early Friday. “We paid a visit to Saudi Arabia upon the invitation of Khadimu’l Haremeyn (the Servant of Mecca and Medina)”, said Recep Tayyip Erdogan, referring to [...
MICHEWENI, Tanzania – Despite reaping good profits, spice and herbs farmers on Tanzania’s Pemba Island have experienced food insecurity after they had made a decision to stop growing conventional food crops in favor of high-valued spices. Amid rising costs of living triggered by spiraling food prices, hundreds of spice farmers on the tin...
ALGIERS, Algeria (AA) – Algeria threatened Wednesday to cut off gas supplies to Spain if any of the gas winds up in a location other than specified by the contract. Spain’s Energy Ministry earlier confirmed that it planned to ship gas to Morocco but noted that none of that gas would be of Algerian origin. […]
As inflationary pressure drives up costs throughout the economy, a new analysis out Wednesday reveals that corporations are raking in record profits by jacking up prices at the grocery store, gas pump, and beyond—hurting consumers while rewarding investors. The Guardian, which examined Securities and Exchange Commission filings for 100 U.S. co...
TUNIS, Tunisia – A Tunisian politician has called for a rescue plan to help pull the country out of its current political and economic crises. “There must be reforms in order to save Tunisia through a rescue plan to cruise the country out of the political, economic and social crises,” Ahmed Najib Chebbi, a leader […]
ANKARA (AA) – The British government announced on Tuesday the removal of all tariffs covered by the existing UK-Ukraine trade agreement and imposed fresh sanctions on the Russian economy. The decision came in response to a direct request from Ukrainian President Volodymyr Zelenskyy to support the Ukrainian economy, said UK International ...
Research out Monday reveals that CEOs from 28 of the top oil and gas companies enjoyed a combined $394 million in total compensation in 2021, including “eye-popping” bonuses that together topped $31 million. The analysis from Accountable.US, first reported by The Guardian, comes as inflation-hit consumers see gas prices soaring whi...
BEIRUT, Lebanon – Lebanon’s electricity production has completely stopped after the last two functioning power plants ran out of fuel, according to a government official. “The current production of Electricité du Liban (state-run power company) is zero,” Ahmed Abbas, director of the Al-Zahrani plant affiliated with the Ministry of Energy said....