Economy

Taipei, Taiwan — For 61-year-old atemoya farmer Tsou Yun-shing in Taiwan’s Taitung County, the last two years have been a tough time for his business. Since China banned the import of atemoyas from Taiwan in September 2021, his revenues…
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Geneva — The International Labor Organization warns global unemployment is set to rise this year, putting a brake on the gradual recovery of nations from the dire economic straits brought about by the COVID-19 pandemic. Data from the ILO’s…
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London — False and misleading information supercharged with cutting-edge artificial intelligence that threatens to erode democracy and polarize society is the top immediate risk to the global economy, the World Economic Forum said in a…
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London — More than 60 world leaders will join hundreds of business executives and campaigners at the Swiss ski resort of Davos Monday for the five-day annual meeting of the World Economic Forum, where they will discuss some of the biggest…
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More than 60 world leaders will join hundreds of business executives and campaigners at the Swiss ski resort of Davos for the five-day annual meeting of the World Economic Forum, starting Monday. On the agenda at this year’s meeting are…
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BEIJING — Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions. China-Russia…
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Washington — Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity levels and fuel global growth, the IMF chief told AFP. AI will affect 60% of jobs in…
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Frankfurt — The German economy shrank slightly in 2023, official data showed Monday, as costly energy, high interest rates and cooling foreign demand took their toll on Europe's export giant. Output contracted by 0.3 percent year-on-year,…
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The world is on course to see its first trillionaire by the end of the decade, according to a report by Oxfam. The charity is warning of a big increase in global inequality, fueled by growing corporate power – as hundreds of world leaders…
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The health of the economy often plays a big role in how Americans vote in general elections, including for the next president. This year, there are early signs that other issues are equally important to people as they prepare to cast their…
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