Economy

LAHAINA, Hawaii — The restaurant where Katie Austin was a server burned in the wildfire that devastated Hawaii's historic town of Lahaina this summer. Two months later, as travelers began to trickle back to nearby beach resorts, she went to…
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BLANTYRE, MALAWI — Tanzania has banned imports of soybeans from Malawi to protect its agricultural sector from the presence of the tobacco ringspot virus in that neighboring country. The Tanzania Plant Health and Pesticide Authority said in…
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ALBANY, N.Y. — New York's minimum-wage workers had more than just the new year to celebrate Monday, with a pay bump kicking in as the clock ticked over to 2024. In the first of a series of annual increases slated for the Empire State, the…
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Harare — President Emmerson Mnangagwa has predicted Zimbabwe's moribund economy will turn around this year following the recent discovery of oil and gas near the country's border with Mozambique and Zambia and improvement in the country’s…
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OSLO, NORWAY — Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk's vessels. Both…
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BUENOS AIRES, ARGENTINA — Argentine judges on Wednesday suspended labor law changes that form part of a decree of sweeping economic reforms and deregulation announced by the country's new libertarian president, Javier Milei. The CGT trade…
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NEW YORK — United Nations economists are forecasting low growth globally this year, as recovery from the COVID-19 pandemic remains uneven internationally and wild cards such as climate shocks and geopolitical tensions could undermine…
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KAMPALA, UGANDA — Days after the United States removed Uganda from an economic assistance program due to human rights concerns, Uganda's president harshly criticized the West. In a speech Thursday, President Yoweri Museveni urged lawmakers…
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ROME — As Italy assumes the rotating presidency of the Group of Seven leading industrial nations, Prime Minister Giorgia Meloni said this week that a focus on developing strategic partnerships with Africa, rather than providing aid, will be…
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LOS ANGELES, CALIFORNIA — Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop — but it is hardly the only issue that big carriers are facing as 2024 kicks off. Giants like Maersk say the industry, which…
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