From South African lunch culture to the Mexican instant noodle market, a look into how people from around the globe are adapting to rising food prices and the cultural shifts occurring throughout the culinary world.
Category: Economy
If computing power becomes a major tool for superpowers like China and the U.S., then what does the latest U.S. technology blockade mean for the race to a more powerful AI? Honk Kong-based daily The Initium looks at the nuclear race of our time, with chips as the modern-day equivalent of enriched uranium.
In Egypt and elsewhere in the region and the world, families and movements are mobilizing against companies that support Israel’s war on Gaza. The power of the people lies in their control as consumers — and the list of companies and brands to boycott grows longer.
A gigantic and multi-faceted new location near Shanghai epitomizes the American giant’s ambition to quench China’s growing but still-nascent thirst for coffee.
For the past month, Poland has been blocking off its border checkpoints to Ukrainian trucks, leaving many in days-long lines. It’s a commercial and economic showdown, but it’s about much more.
After the start of the war in Ukraine, Russian oligarchs and other rich individuals turned to the real estate markets in Dubai and Turkey. Now Russian buyers are back in Europe. Three EU countries in particular are attracting buyers for their controversial “golden visa” program.
The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.
New Zealand has reversed its decision to implement the world’s toughest anti-smoking law, to the disappointment of many inside and outside the island nation. But how are other laws aimed at tobacco use faring around the world?
Hydrocarbons continue to drive nations’ economies and politics around the world, creating both corruption, stagnation and — sadly as we’ve seen again — all-out war.
In the last 20 years, Turkish Airlines’ rapid development has shocked its competitors. The carrier is generating substantial profits, while serving the interests of the Turkish state.
Africa faces a complex choice: entirely eliminate fossil fuels and risk slowing down development, or alter the energy mix and maintain a balance between the environment and the economy.
As the importance of the global microchip economy continues to grow, companies like Intel may one day reign supreme over today’s corporate giants: Meta, Apple and Google. And, in a measure some are calling “reverse globalization,” production is beginning to move back into the Global North, including Poland. In a rare visit to Intel’s factories in Malaysia, Polish daily Gazeta Wyborcza takes a look into what the future of its manufacturing will look like.
Deep structural problems were already pushing it to breaking point. And with teleworking becoming the new normal after COVID, Paris’s La Défense business district stands as a melancholic shadow of its old, buzzing self. Can it find a way to reinvent itself?
In an undercover investigation for Polish daily Gazeta Wyborcza, journalist Dominika Klimek discovered the brutal reality of Poland’s sweatshops, which produce clothing for some of the biggest brands and best known designers in Europe.
The war is far from over, but on the other side of the Atlantic, preparations are already underway to ensure American businesses access to this promising market. In Europe, no one is making such necessary preparations, worries Jacques Attali.
The destabilization of the Middle East could send prices soaring once more and trigger a new shock for the world economy, which has so far been resilient despite the COVID-19 pandemic and the war in Ukraine.
As the number of people over the age of 65 increases, some global brands are taking steps to reduce ageism in advertising, both for ethical and business motivations.
Ukraine, Israel, Azerbaijan: the three conflicts highlight energy vulnerability.
The Russian economy has proven remarkably resilient to Western sanctions, a phenomenon largely driven by Russia’s expanding military-industrial complex and increased trade with India and China. One challenge remains unsolved however: a lack of young working-aged men ready for hire in the country’s industrial and white collar sectors.
Iran says European courts have ordered repayments of $1.7 billion more of its money frozen in Western banks, which risks being transferred to help fund Hamas’ war with Israel. Other observers suspect the news is meant to stop financial panic in Tehran.
Follow a coffee enthusiast and professor of marketing who studies justice in capitalist systems through the aisles of all the java claiming to be doing the right thing. Not all so-called *ethical coffee merits the label.
The 157-year-old cosmetics firm is banking on the “personal touch” and enterprise of its familiar women sales representatives to see it through the multiple threats of online retailing, changing tastes and global economic tumult.
No country in the world has as big a cigarette industry as China. This is the story of how a giant state-backed monopoly created the industry, which provides more tax revenue than any other, and ultimately sabotaged the country’s anti-smoking efforts in the process.
Unemployment, stress in the workplace, economic difficulties: more and more young Chinese graduates are flocking to monasteries to find “another school of life.”
Finding a seat on the Karmabhoomi Express is close to impossible. A closer look at why so many migrant workers travel on it, and out of Bengal, offers a grim picture.
The government is launching a “major inventory of French mining resources”, to prepare for the relaunch of mining in France of the minerals needed for the ecological transition. A concern for sovereignty in the face of Chinese domination of the sector.
The U.S. and Europe are seeking to rival China by launching a huge joint project. Saudi Arabia and the Gulf States will also play a key role – because the battle for world domination is not being fought on China’s doorstep, but in the Middle East.
Noel, a Cuban engineer who had to emigrate to the faraway island of Saint Lucia, tells about the Cuban government’s systematic intimidation techniques and coercion of its professionals abroad. He now knows he can never go back to his native island — lest he should never be allowed to leave Cuba again.
A complex compensation mechanism for fuel companies, currency devaluation, increased demand due to the war, logistics disruptions, and stuttering production growth have combined to trigger price rises and deepening shortages at home in the Russian energy market. That is a real risk for the war in Ukraine.
Children left to fend for themselves when their parents seek work abroad often suffer emotional struggles and educational setbacks. Now, psychologists are raising alarms about the quiet but building crisis.
Russia is digging itself into a hole as it becomes increasingly dependent on China, as a result of international sanctions and isolation. This shifting dynamic, analysts argue, is bound to have ripple effects around the world
On paper, the scale of sanctions against Russia following its invasion of Ukraine is unprecedented. But opinion on the impact of sanctions remains divided in the absence of a reliable scientific foundation. A new study by Bank of Canada offers a way out.
The memory of the famous engineer-entrepreneur who designed much more than Paris’ iconic Tower will be honored throughout 2023, on the occasion of the centenary of his death.
With the G20 in New Delhi around the corner, India risks finding itself the wrong side of history, and end up as an observer and not one of the drivers of a “once in a lifetime” change.
Trawling in Argentine waters is wiping out marine life in the southern Atlantic. Whatever the money stakes, Argentina must expand those territorial waters where all fishing is banned.
There is a long history of mining in Egypt that goes back thousands of years, but has largely been dormant over the past century. But it’s picking up now, with troubling ramifications.
In the hands of the same family since 1870, the world’s largest producer of corks almost disappeared in the early 2000s. Today, this gem of Portuguese industry has not only reconquered its historic market, but has made cork the darling of many other sectors.
Higher, faster, more expensive – in German cities, renting out office space was a booming business. Then came remote working and higher interest rates.
As workers around the globe are faced with the mercury rising, jobs both inside and outside are becoming less and less bearable in the summer months.
The manufacture of a chip requires 500 operations on three continents. Both the U.S. and China want to master this incredible logistics chain. And with Taiwan crucial to the supply chain, there is both a cause and effect to try to calculate.