Trump tariffs were ‘a wake-up call for us,’ says Ramaphosa
South African President Cyril Ramaphosa said the US tariff policy had triggered a trade strategy refocus.
South African President Cyril Ramaphosa said the US tariff policy had triggered a trade strategy refocus.
To say that Justin Portela never imagined himself as a highly paid business consultant at McKinsey & Company would be an understatement. He didn’t have a privileged upbringing, to put it mildly, and in 2018, when he first walked onto the Stanford University campus, Portela, like most incoming freshmen, was unaware such careers even existed. […]
In January 2010, the private prison operator now known as CoreCivic announced the closure of a 752-bed facility in Walsenburg, Colorado. At the time, the Huerfano County Correctional Center was the second-largest employer in the county. Its shutdown caused a “major hit” to the economy, said John Galusha, then the county’s administrator. The town estimated […]
This story was originally published by Canary Media and is reproduced here as part of the Climate Desk collaboration. Since 2021, the Sierra Club has been grading US utilities on their commitment to a clean-energy transition. While most utilities have not earned high marks on the group’s annual scorecards, as a whole they had been showing some progress. That’s over now. […]
Washington announced a 30% tariff on Pretoria over what he alleges are laws that discriminate against white South Africans.
Houthi rebels in the Red Sea have restricted vessel traffic to the Suez Canal for months, forcing trade between Asia and Europe to reroute.
The bank said investments would focus on key sectors including mining and energy.
The central bank lowered interest rates last week and many investors are betting on two more quarter-point cuts before the end of the year.
In 2023, a young Bangladeshi woman named Tureza Akter committed suicide after facing repeated abuse at a sweatshop in Jordan. Subsequent investigations found that factory managers withheld employees’ passports to prevent them from leaving, forced female employees to strip naked, and required workers to labor 16 hours a day, seven days a week, threatening to withhold already-earned pay if they did not comply. The clothes produced in this factory bore the logos of Under Armour, Columbia, and American Eagle.