Category: Economic Collapse

Mexican trade chief slams U.S. demand on tomato inspections as ‘unacceptable’. 1.5 million tomato growers in Mexico at risk. The measure would trigger a logistical “collapse” in cross-border trade.

Mexican trade chief slams U.S. demand on tomato inspections as ‘unacceptable’. 1.5 million tomato growers in Mexico at risk. The measure would trigger a logistical “collapse” in cross-border trade. Reuters•August 7, 2019 MEXICO CITY, Aug 7 (Reuters) – A top Mexico trade negotiator on Tuesday slammed a U.S. […]

Lebanon Newspaper devotes entire issue to ‘wake-up call’ for the country. “Wake Up” Before Its Too Late! That could apply to the whole world.

Lebanon Newspaper devotes entire issue to ‘wake-up call’ for the country. “Wake Up” Before Its Too Late! That could apply to the whole world. By Tamara Qiblawi, CNN Updated 10:36 AM ET, Thu August 8, 2019 Beirut, Lebanon (CNN) Lebanon’s leading English language daily newspaper published a blank issue […]

India’s central bank cuts rates to 9-year low as economy stumbles. Fourth time this year that rates have been slashed. Economy still stumbling.

India’s central bank cuts rates to 9-year low as economy stumbles. Fourth time this year that rates have been slashed. Economy still stumbling. By Rishi Iyengar, CNN Business. Updated 7:54 AM ET, Wed August 7, 2019 New Delhi (CNN Business) India’s central bank has cut interest rates for a fourth time this […]

Pakistan Suspends Trade With India

Pakistan Suspends Trade With India Archana Chaudhary and Sarah Jacob. Bloomberg•August 8, 2019 Pakistan downgraded diplomatic relations and suspended bilateral trade with India after New Delhi revoked seven decades of autonomy for the disputed Muslim-majority state of Kashmir. Prime Minister Imran Khan’s government on Wednesday announced a series […]

Zimbabwe’s children suffer from country’s economic crisis. $50/month salaries. 5 million people food insecure. 150,000 children need welfare. 175% inflation. What do we know about the number Five (5)?

Zimbabwe’s children suffer from country’s economic crisis. $50/month salaries. 5 million people food insecure. 150,000 children need welfare. 175% inflation. What do we know about the number Five (5)? FARAI MUTSAKA. Associated Press•August 11, 2019 HARARE, Zimbabwe (AP) — It is only a few hours since Zimbabwe’s schools […]

Zimbabwean opposition plans demonstrations over economy. ‘A measure of wheat for a penny.’

Zimbabwean opposition plans demonstrations over economy. ‘A measure of wheat for a penny.’ Reuters•August 6, 2019 HARARE (Reuters) – Zimbabwe’s main opposition party is planning street demonstrations to protest against the government’s handling of the economy, which is mired in its worst crisis in a decade and has […]