N. Korea's imports of refined petroleum from China, Russia plunge in Aug

Oct 01, 2020 23:33 pm UTC| Economy

North Korea imported only about 142 tons of refined petroleum from China in August, dropping to about one-tenth of the 1,498 tons it imported in July. The August volume also went down by nearly 94 percent from the...

Populism in Brazil: how liberalisation and austerity led to the rise of Lula and Bolsonaro

Oct 01, 2020 15:42 pm UTC| Politics Economy

While the rise of populist politicians in the Europe and the US gets a lot of attention from the media and researchers alike, the drivers of the populism taking hold in emerging and developing economies still receives...

South Africa's auto industry highlights the social and employment cost of innovation

Oct 01, 2020 15:33 pm UTC| Economy

In South Africa, local operations of international motor manufacturing companies must constantly innovate to meet global demands and offer competitive value. The way work is done is constantly changing. The current...

Meet the Liveable Income Guarantee: a budget-ready proposal that would prevent unemployment benefits falling off a cliff

Oct 01, 2020 15:29 pm UTC| Economy

The economic crises that have punctuated the 21st century, most notably the global financial crisis and the COVID-19 crisis, have led to a growing realisation that alternatives to our present system are possible and...

How to prevent disruptions in food supply chains after COVID-19

Oct 01, 2020 15:28 pm UTC| Economy

Almost all businesses involved in the food supply chain have experienced effects ranging from a mild shock to severe disruptions during the COVID-19 pandemic, and further disruptions may be ahead during the second...

Seoul allocates 300 billion won for zero-interest loans to COVID-19 impacted firms

Sep 30, 2020 23:39 pm UTC| Economy

The city government of Seoul is offering 300 billion won worth of loans at 0.03-0.53 percent interest rates to small businesses forced to close or restrict services under its social distancing rules. Such businesses...

Airline group says govt intervention needed in saving huge number of jobs

Sep 30, 2020 22:51 pm UTC| Economy

The International Air Transport Association (IATA) expects air traffic to be 66 percent below the level it was in 2019, putting hundreds of thousands of jobs at risk without government intervention. According to IATA...