Despite its robust economy, the United States is poised to feel the labor crunch as manifested by the recent job cuts imposed by big corporations just to keep their sagging operations afloat in keeping with their remaining resources. Independent economists have predicted that the problem will be exacerbated further by the emergence of globalization which […]
Liberia sees more investments from renewed diamond exports
LIberria’s government has expressed optimism that the U.N.’s lifting of sanctions on its diamond exports is expected to spark renewed economic growth owing to the inflows of funds into the cash-strapped coffer. Deeply mired in conflicts for many years, Liberia will soon bounce back to revive its ailing economy that was wrought by rampant graft […]
Huge reserves boost PRC’s trade surplus
With bilateral trade surpluses reaching US$194 billion last year, China’s trade with the rest of the Asia has slackened owing to the increase in supply chains, which sought manufacturing inputs from its neighbors. The largest conributor to the trade surplus was the assembly and export of imported intermediate items, whose inputs were exempted from tariffs, […]
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