'A tipping point': Bessent previews Trump administration’s latest tariff defense
The Treasury secretary talked to Semafor during a Labor Day push touting Republicans’ newly enacted tax relief for tipped workers.
The Treasury secretary talked to Semafor during a Labor Day push touting Republicans’ newly enacted tax relief for tipped workers.
Jason Woods is an organizer and national spokesperson for Starbucks Workers United. The labor union recently hit a milestone with 600 coffee shops organized across the United States, but baristas are still struggling with low pay and sub-par working conditions—all while CEO Brian Niccol made $96 million in his first few months on the job. Woods sat down with Current Affairs associate editor Alex Skopic and Common Dreams journalist Stephen Prager to discuss the union’s fight for fair wages.
So far in 2025, exports from China to Africa total more than they did for the whole of 2020.
Africa's external debt doubled from over $500 billion in 2020 to more than $1 trillion in 2024.
A central bank directive last year raised the minimum capital requirement for international banks ten-fold to 500 billion naira ($326 million).
A new report said the continent’s private sector needs to grow in order to spur investor interest.
The move comes as the Trump administration unravels global trade agreements.
Two-thirds of analysts have a “buy” rating for Aramco, but investors have been dumping the stock this year.
The city’s property market, which imploded in 2008, is not nearing another bubble, the developer behind the project insisted.