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How China is turning historic African slave port into waterfront tourism destination
Advertisement How China is turning historic African slave port into waterfront tourism destination Beninese government has contracted Chinese firms to create seaside development linking port to historic slave route and memorial sites 3-MIN READ3-MIN 1 Listen In Benin’s southern Atlantic coastal town of Ouidah, located about 40km (25 miles) west of the economic capital of Cotonou, China is turning a former slave trade hub into a busy tourist destination. The historic port once saw nearly 2...
‘Anything but normal’: Uncertainty as Iranians try to get by amid US war
‘Anything but normal’: Uncertainty as Iranians try to get by amid US war War damage and blockade have worsened economic conditions for many struggling Iranians. Tehran, Iran – Months into a war with the United States and after another flareup of fighting with Israel, daily conversations in Iran have been dominated by conflict and economic survival. Many residents of the capital, Tehran, went to work over the past two days with war and peace on their minds, as US President Donald Trump...
It’s back – revived TEDxHongKong challenges assumptions and reframes beliefs
It’s back – revived TEDxHongKong challenges assumptions and reframes beliefs Creative director Daniella Lopez explains how the June 20 event – the first TEDxHongKong since 2017 – will address globally relevant issues Hong Kong is an international economic powerhouse brimming with talent and capital, but how much of that has trickled down to local communities? This was the question that weighed on Daniella Lopez’s mind when she acquired the licence for TEDxHongKong – which had been inactive...
The need for a socialist planned economy (2021)
This article is a transcript of the presentation given by Vincent R. Beaudoin at Fightback’s Marxist Winter School 2021. When the Soviet Union collapsed in 1991, Francis Fukuyama told us that this was evidence of the failure of the planned economy and the success of the capitalist market economy, and that it represented the end of history. In October 2018, however, he changed his mind.
Indian stock markets dive amid Middle East escalation
Indian stock markets dive amid Middle East escalation Published June 8, 2026last updated June 8, 2026What you need to know - India's Sensex and Nifty traded 0.7% lower an hour after opening - Markets are reacting to Middle East tensions, higher crude prices and possible Fed hikes Here's a roundup of the biggest headlines from India on Monday, June 8, 2026: 'We will tackle it': India's commerce minister on fresh US tariffs Days after the Trump administration proposed a new 12.5% tariff on...
Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite
A month ago, Alphabet briefly surpassed Nvidia by market cap. The stock has since been on a downward slide, and is on pace to wrap its fourth straight weekly drop, the longest losing streak in more than a year. That's the market mood Alphabet faces as it pursues $85 billion in fresh capital to help fund its artificial intelligence build-out.
China’s AI chip demand pushes South Korea into a rare surplus with top trade partner
China’s AI chip demand pushes South Korea into a rare surplus with top trade partner Strong demand for memory chips has reshaped South Korea’s exports to China – but analysts warn the gains could be short lived South Korea has emerged as a rare bright spot among East Asian economies trading with China, as booming demand for memory chips pushes its balance with its largest trading partner back into a surplus. The country’s trade position with China had strengthened steadily this year,...
May jobs report expected to show growth in an economy squeezed by inflation
The jobs report for May, set to be released Friday morning, is expected to show that hiring has remained steady despite growing inflation and energy prices triggered by the ongoing war in Iran. Economists polled by Dow Jones believe that the U.S. economy will have added 80,000 positions in May and that the unemployment rate will be unchanged, at a low 4.3%. Average hourly earnings, which fell below the rate of inflation in April, are expected to rise 0.3%.
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike
Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike TOKYO, June 10 : Japan's wholesale inflation accelerated in May at the fastest pace in three years as price pressures from the Middle East war broadened, data showed on Wednesday, adding to the case for further interest rate hikes by the central bank. The Bank of Japan meets next week and is expected to deliver its first interest rate hike since December to cope with mounting inflationary pressures from a weak...