In Mexico, worry that Maya Train will destroy jungle
A major rail project in Mexico’s Yucatan Peninsula is intended to drive economic development to some of the country’s poorest areas, in part by bringing up to three million tourists each year.
Business
After a brief reprieve, rural workers return to life without sick leave
While a growing number of states, cities, and counties have passed paid sick leave or general paid time off laws, most states where more than 20% of the population is rural haven’t.
US adds 517,000 jobs in January in huge gain for labor market
Total is far higher than what economists expected even as Federal Reserve continues to raise interest rates to bring down inflationThe US job market added 517,000 jobs in January, a huge gain for the labor market even as the Federal Reserve has pushed …
Bank of England must not push interest rates too high, its chief economist says
Inflation should be back within Bank’s 2% target range by middle of 2024, Huw Pill addsThe Bank of England is alive to the risk of pushing interest rates too high, its chief economist has signalled, adding to expectations that it could be nearing the e…
World’s biggest investment fund warns directors to tackle climate crisis or face sack
Norway’s sovereign wealth titan threatens to vote against boards on firms it holds investments with over lax climate and social targetsNorway’s sovereign wealth fund, the world’s single largest investor, has warned company directors it will vote agains…
Ukraine may also get old Leopard 1 tanks from German stocks
Ukraine may be able to add old Leopard 1 battle tanks from German defense industry stocks to deliveries of modern tanks that Germany and other governments pledged last week to counter Russian forces in the war.
Reports: 8 migrants’ bodies recovered by Italian coast guard
Italian news agency ANSA has reported that the bodies of eight migrants have been recovered by the coast guard during an operation overnight that also rescued 42 survivors in the central Mediterranean off the island of Lampedusa.
China confirms offer to Sri Lanka of debt moratorium
China has confirmed it is offering Sri Lanka a two-year moratorium on loan repayments as the Indian Ocean island nation struggles to restructure $51 billion in foreign debt that pushed it into a financial crisis.
Jailed leader of Greek far-right party faces election ban
Greece’s government is seeking to ban a far-right political party led by a jailed former lawmaker from participating in a general election later this year.
Meta mojo is back as earnings surprise powers Big Tech rally
Meta chief executive Mark Zuckerberg was dubbed 2023 the ‘Year of Efficiency’