Tag: Business
The government wants more offshore fish farms, but no one is biting
The US imports about 91% of its seafood, half of which is farmed in aquaculture facilities. Should the US do more to kickstart its own industry? Off the coast of San Diego, Americas eighth largest city, commercial fishermen harvest about 1,100 metric tons of seafood from the Pacific every year. That sounds like a lot. […]
A year after the crisis was declared over, Greece is still spiralling down
The historic third bailout awarded to Athens after weeks of brinkmanship last year was supposed to have secured its future in the EU. But little has changed In a side street in the heart of Athens, two siblings are hard at work. For the past year they have run their hairdressing business an enterprise that […]
Janet Yellen Fast Facts
(CNN)Here’s a look at the life of Janet Yellen, the first female Federal Reserve chair. Personal:Birth date: August 13, 1946 Birth place: Brooklyn, New York
IMF warns Italy of two-decade-long recession
Eurozones third biggest economy may not recover from 2008 financial crash until mid-2020s, according the funds annual report The fragile state of Italian banks in the fraught post-Brexit financial climate has been highlighted by the International Monetary Fund, in a stark warning that the eurozones third biggest economy will have suffered for almost two decades […]
Uncertainty over Brexit and US job market halted Fed’s interest rates rise
Federal Reserve held off on raising interest rates in June due to the possibility of market turbulence after Brexit and worries about the latest US job report. The Federal Reserve held off on raising interest rates in June due to uncertainty about the US labor market as well as a then-upcoming vote on whether […]