Economy

A worker collects a crude oil sample at a well operated by Venezuela’s state oil company in 2011. Venezuela’s wells have run dry under the Maduro regime. (© Carlos Garcia Rawlins/Reuters)   By : ShareAmerica / IENA-NEWS   “Chinese lending has helped destroy what was once one of the region’s …

The 100-megawatt Lomé thermal power plant, built with U.S. support (OPIC)   By : Olufemi Terry   Just 10 years ago, Togo depended heavily on its neighbors for electricity and suffered frequent blackouts. As a result, the country’s economic growth and development were lagging, which in turn affected the health, …

Jumia co-CEO Sacha Poignonnec, left, applauds as Jumia Nigeria CEO Juliet Anammah, center, rings the opening bell at the New York Stock Exchange on April 12. (© Richard Drew/AP Images)   By : Emily Louise Bowman   Nigerian-based online retailer Jumia became the first African tech startup to be publicly …

Arcadie Fosnea, owner of the Mircesti Winery in Moldova, uses a drone to survey vines and detect disease before it spreads. (Colby Gottert for USAID)   By : ShareAmerica / IENA-NEWS   It’s the off-season at Moldova’s Mircesti Winery, but Silvia Ganciariuc is hard at work in the fields, pruning …

By : ShareAmerica / IENA-NEWS   As China expands its Belt and Road Initiative, countries should be wary and examine the record of previous investments. Though China promises billions of dollars in infrastructure loans and economic development, the risks and costs associated with China’s Belt and Road include excess debt, …

By : Leigh Hartman.   In business, corruption can affect everything from licenses to contracts to lawsuits. Corruption means that business deals often contain hidden prices, competition is not what it seems, and partnerships are chosen for the sake of expediency rather than quality. And, ultimately, if corruption is rampant there …

(Shutterstock)   By : Christopher Connell.   The United States once again boasts the world’s most competitive economy, thanks to its vibrant entrepreneurial culture and capacity to innovate in ways that spur growth and opportunities. That’s the judgment of the World Economic Forum, a Swiss nonprofit organization that has been ranking economies’ …

By : IENA-NEWS.   The latest Global Economic Conditions Survey (GECS) launched by ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants)  witnessed a general slowdown in global economic confidence in the third quarter of 2018, its lowest since the beginning of 2016.

College students are part of a business program partnership between Coca-Cola, Indiana University and the U.S. Department of State.(© The Coca-Cola Company)   By : Mary Jane Maxwell.   Thirty-nine young entrepreneurs from Tunisia, Morocco, Egypt, Algeria, Jordan, Gaza and the West Bank attribute their professional success to a single source: …

Los Angeles, where musicians and performers fleeing the 1979 revolution settled in large numbers, is the heart of the Iranian global pop culture industry . (© Frederic J. Brown/AFP/Getty Images)   By : Mary Jane Maxwell.   In a Los Angeles neighborhood known as Little Persia or “Tehrangeles” (a combination …