Although Afghanistan is desperately poor, the Taliban now rule over a nation with nearly $1 trillion worth of mineral deposits that the world needs to manufacture clean technologies, CNN Business reports. Experts have said that Afghanistan has the natural resources to become one of the region’s richest countries within 10 years.
The number of US citizens applying for unemployment benefits fell for the third week in a row last week, the Washington Times reports. On Thursday the Labour Department said unemployment claims had fallen to 375,000 from 387,000 the previous week.
The militant Taliban group was closing Thursday in on Afghanistan’s capital Kabul after the US already urged citizens to leave “immediately.”
U.S. consumer prices increases slowed in July even as they remained at a 13-year high on a yearly basis and there were tentative signs inflation has peaked as supply-chain disruptions caused by the pandemic work their way through the economy. The data could provide some support to Fed officials who have repeatedly said that the current burst in inflation is temporary and likely to fade as the handful of categories that have caused inflation to surge in recent months get back on an even keel.
The Labor Department reported Friday the U.S. economy in July added 943,000 new non-farm jobs, another indication the country continued to make an economic recovery from what has so far been the worst of the pandemic.
Tens of thousands of people took to the streets in Italy, France, and Greece over the weekend to protest against mandatory vaccination policies and overall COVID-19 restrictions, DW reports.
Australia’s government sent the army Monday to help enforce strict lockdowns in Sydney, where it claims many COVID-19 cases were recorded.
Public health confidence in the efficacy of the COVID-19 vaccine appears to be waning as officials warn of enhanced danger — even for vaccinated individuals — from the “Delta variant” of the SARS-Cov-2 virus.
The U.S. economy rose at a disappointing rate in the second quarter, the Commerce Department reported Thursday in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic but still has more work to do.
Iran’s outgoing president on Wednesday warned his country could enrich uranium at weapons-grade levels of 90 percent if it chose, though it still wanted to save its tattered nuclear deal with world powers.
Gunmen assassinated Haiti’s President Jovenel Moïse and wounded his wife in an overnight raid on their home Wednesday, when the impoverished Caribbean country already endured gang violence, including kidnappings of church leaders and others.
The economy rebounded and added 850,000 new jobs in June, a welcome result after two months of disappointing growth.
The Congressional Budget Office is projecting that the United States’s deficit will balloon to $3 trillion in 2021.
From coast to coast, violent crime is rising in American cities. In just one recent weekend more than 120 Americans were killed in shootings.
Christian leaders in India and Nepal are dying of COVID-19 at such a rate that “scores of Christian ministries” are in danger of closing as there is no one to lead them, aid workers say. ‘Black fungus’ now poses an additional deadly threat in India, where thousands of pastors and other Christian leaders reportedly died.
Christian aid workers are rushing dry food parcels to several nations amid concerns that many Christians face starvation.
The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
The Chinese government said Monday it will ease its limits on births, allowing couples to have three children instead of two, to address the country’s again population and keep its economy thriving.
U.S. consumer prices jumped .8% in April, the fastest increase in inflation in more than a decade, the Labor Department reported Wednesday, as the world’s largest economy recovers from the ravages of the coronavirus pandemic.
U.S. employers posted a record number of available jobs in March, illustrating starkly the desperation of businesses seeking to find new workers as the economy expands.