Economy

EPA NOS news•Yesterday, 22:01 Business is about making profit for shareholders. Or not? The founder of the billion-dollar company Patagonia showed today that it can be done differently. Profits now go to charity. “It’s historic, but not unique,” says Kees Klomp, a lecturer in economics at Rotterdam University of Applied Sciences. There are also companies in the Netherlands where profits …

Photo: ANP US jobless claims fell for the fifth consecutive week last week. Despite the global economic challenges facing the U.S. as well, more Americans are looking for work. After a dip in July, retail sales picked up last month. Last week, the number of first-time benefit claims fell to around 213,000. An average of 224,000 applications over four weeks. …

Barclays predicts global growth will slow to 2.2% in 2023 from 2.8% this year, and warns that it expects advanced economies to contract in the fourth quarter and reach zero growth next year. In 2021, global growth is projected to be 6.3%. Following the conflict between Russia and Ukraine, which has exacerbated supply chain problems, central banks around the world …

Photo: ANP US Treasury Secretary Janet Yellen is concerned about the economic damage caused by an imminent strike among freight train workers in the US. He also thinks the US economy could be hurt by a possible recession in Europe. Yellen told CBS News. Freight train workers are threatening to walk off the job across the country on Friday over …

The ministry relied on an assessment report issued by the US intelligence agency. This is just the “tip of the iceberg,” said a senior official of US President Joe Biden. Four different continents The review did not identify specific countries targeted by Russian interference. However, it is about countries on four different continents. The affected countries are currently being kept …

Some – but not all – of the high-profile fund moves come ahead of the next round of global climate talks in Egypt in November. This year’s letter is a more ambitious plea to authorities yet, with additional calls for action against methane pollution and more funding for poor countries, its supporters said. The 2022 Global Investor Report for Governments …

Apologies for the slavery and colonial past, difficulty in granting visas to Surinamese, the state pension gap and archives from the eighties that have yet to be made public. These were some of the topics discussed by Suriname President San Santos and Prime Minister Rutte and their advisers on Monday at the Presidential Palace in Paramaribo. Rutte arrived in Suriname …

Drought on the IJssel. Photo: Joost Mooij. Severe droughts, storms and torrential rains in some of the world’s largest economies could cost the global economy $5,600 billion by mid-century. This is according to a study by consultancy GHD Group, which examined the risks of the problem in seven countries with different economic and climatic conditions. This year, heavy rains have …

To women in Texas, Queen Máxima says the same thing as women in the rest of the world: “Women deserve their chance.” The Queen said this at the end of her four-day working visit to the US. The Texans’ strict abortion policy was politically sensitive around Maxima’s state visit. Conservative Gov. Greg Abbott passed a law in Texas last year …

Canada’s labor force grew in August, but as tens of thousands of people simply stopped working, it fell in the previous two months and remains smaller than before the summer. This can be attributed to the fact that more Canadians are retiring than ever before, according to Statistics Canada. The over-65s aren’t the only ones packing up their offices and …