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13876 articles published since 08 Mar 2022

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Sunny Albania turns to solar power to fuel development
Sunny Albania turns to solar power to fuel development
Economy

Along southwestern Albania's coastline, the sun shines bright -- warming the 234,828 new solar panels at the Karavasta power station that will be connected to the country’s energy grid in the coming weeks. - Frogs and pelicans - But along its sun-drenched coastline, engineers say the terrain is ideal for solar parks.

Myanmar truckers slog on as conflict clogs trade highway
Myanmar truckers slog on as conflict clogs trade highway
Economy

Standing beside his cargo of Thai fruit and furniture, truck driver Ko Cho steels himself for a journey to Myanmar's Yangon that will demand bribes, dodging landslides and navigating a raging civil war. Once a truck is safely out on the road, "checkpoints" run by the military or its militia allies demand fees of roughly 150,000 kyat ($75) per truck per journey to Yangon, Aung Htoo said.

China's Country Garden says might not meet all debt obligations
China's Country Garden says might not meet all debt obligations
Economy

Debt-saddled Chinese property giant Country Garden said Tuesday that it did not expect to meet all of its offshore payment obligations in time as it battles to avoid default. In a filing with the Hong Kong Stock Exchange, the firm said it "expects that it will not be able to meet all of its offshore payment obligations when due or within the relevant grace periods".

Hollywood writers sign off on new deal
Hollywood writers sign off on new deal
Economy

Hollywood writers overwhelmingly voted to approve a hard-fought new deal with studios, their union said Monday, officially ending one of the industry's longest ever strikes. "99 percent of WGA members have voted in favor of ratifying" the contract, allowing them to return to work on improved terms, said the Writers Guild of America on social media.

US Fed should proceed 'carefully' on rate hikes, officials say
US Fed should proceed 'carefully' on rate hikes, officials say
Economy

The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates further to bring down inflation, two senior officials said Monday. Earlier Monday, Dallas Fed President Lorie Logan said she would "carefully" evaluate economic and financial developments when deciding if to back another rate hike.

Claudia Goldin: Nobel-winning sleuth of the gender pay gap
Claudia Goldin: Nobel-winning sleuth of the gender pay gap
Economy

Claudia Goldin has long thought of herself as a kind of detective within economics, employing tools across academic disciplines in a quest to examine how women fit into the workforce. "Under these conditions, women will shift to a firm with less demanding hours or leave the workforce," Goldin said in a 2021 interview with Harvard Business Review.

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