Tag Archives: trade and development

[ad_1] Sharm El Sheikh, Egypt CNN  —  It’s a story President Joe Biden tells at nearly every opportunity: last year, meeting his new counterparts at his first international summit, he proudly informed them, “America is back.” “For how long?” one of them asked. As Biden departs this week for a …

[ad_1] London/Berlin CNN Business  —  The German government has blocked the sale of one of its semiconductor factories to a Chinese-owned tech company because of security concerns. Germany’s economic ministry said in a statement that it had prohibited Elmos Semiconductor, which makes chips for the automotive industry, from selling its …

[ad_1] CNN  —  Aftab Khan felt helpless when torrential floodwaters submerged a third of Pakistan, his home country. Khan’s hometown was completely underwater. His friend rescued a woman who had walked barefoot, carrying her sick child, through stagnant floodwaters for 15 miles. And Khan’s own mother, who now lives with …

[ad_1] China’s exports and imports unexpectedly contracted in October, the first simultaneous slump since May 2020, as surging inflation and rising interest rates hammered global demand while new COVID-19 curbs at home disrupted output and consumption. The bleak October trade figures highlight the challenge for policymakers in China as exports …

[ad_1] Hong Kong/London CNN Business  —  German Chancellor Olaf Scholz arrived in China on Friday with a team of top executives and a clear message: business with the world’s second largest economy must continue. Scholz met with Chinese leader Xi Jinping at Beijing’s Great Hall of the People after landing …

[ad_1] Hong Kong CNN Business  —  China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering. But foreign investors were still spooked and dumped Chinese equities in overseas markets, …

[ad_1] CNN  —  Just weeks after Ron DeSantis made a very public display of his efforts to keep migrants from coming to Florida, Hurricane Ian’s destruction is drawing a growing number of immigrants to the Republican governor’s state. “They’re arriving from New York, from Louisiana, from Houston and Dallas,” says …

[ad_1] CNN  —  Lawyers for Civil Rights, a non-profit immigrant advocacy group that represents more than 30 of the nearly 50 migrants flown to Martha’s Vineyard, filed a class action lawsuit on behalf of Alianza Americas and other migrants, according to a news release from the organization. Two planes carrying …