Israel plans to bring in 70,000 workers from abroad, including 10,000 from India, to boost its construction sector. A labour shortage has emerged after 80,000 Palestinian workers were barred from entering the country after the October 7 Hamas-led attacks. Figures suggest that India is one of the fastest-growing economies in the world. Between July and […]
A gloomy May Day awaits Nigerian workers
Imagine you live alone and walk into a local food market in Lagos, the Nigerian commercial capital, to buy a week’s worth of basic food items. In less than 15 minutes, you would find that you’ve spent at least 10,000 Naira (or US$24 at the official exchange rate of US$1 = 416 Naira). This may […]
Can the South Asian economy break from the past and find a route to stability?
Sri Lanka has a new president and prime minister – but a change in who leads the crisis-hit South Asian nation alone will not solve the country’s severe economic problems. Ranil Wickremesinghe – who on July 20, 2022, was voted in by lawmakers to replace fleeing former president Gotabaya Rajapaksa – and his appointed premier […]
New data reveal US space economy’s output is shrinking – an economist explains in 3 charts
The space industry has changed dramatically since the Apollo program put men on the moon in the late 1960s. Today, over 50 years later, private companies are sending tourists to the edge of space and building lunar landers. NASA is bringing together 27 countries to peacefully explore the Moon and beyond, and it is using […]