Tag : Economic Impact

Korean won hits new yearly low amid Trump tariff concerns
Business

Korean won hits new yearly low amid Trump tariff concerns

manamalive.com
The South Korean won fell sharply against the US dollar on Monday, reaching its lowest point of the year amid growing concerns over the economic impact of new tariffs announced by US President Donald Trump....
Gasoline, groceries, and cars could cost more as Trump’s tariffs loom
Business

Gasoline, groceries, and cars could cost more as Trump’s tariffs loom

manamalive.com
The Trump administration has reaffirmed its plan to impose 25% tariffs on all goods imported from Canada and Mexico, set to take effect on February 1. Economic experts warn that such tariffs could significantly increase...
Foreign tourist numbers in Tokyo hit new high last year
Travel

Foreign tourist numbers in Tokyo hit new high last year

manamalive.com
In a remarkable recovery from the COVID-19 pandemic, Tokyo welcomed a record-breaking 19.54 million international tourists in 2023, a sharp increase from previous years, as reported by the Tokyo metropolitan government. This surge represents a...
Private jet travel declines as pandemic demand subsides
Travel

Private jet travel declines as pandemic demand subsides

manamalive.com
Private jet flights have declined by 15% during the first half of the year, falling from their peak in 2022, signaling a significant downturn in the industry's demand. This waning interest contrasts sharply with the...
AI revolution and its impact on work and economy
News

AI revolution and its impact on work and economy

manamalive.com
As the nexus of artificial intelligence (AI) and the workforce continues to evolve, the landscape of traditional labor and cost structures is undergoing a significant transformation. Companies are increasingly turning to AI for efficiency gains,...
Africa faces skyrocketing costs of climate change, projected to reach $440 billion
News

Africa faces skyrocketing costs of climate change, projected to reach $440 billion

manamalive.com
Africa contributes minimally to global greenhouse gas emissions but bears a disproportionate brunt of climate change's devastating effects. A recent report by the World Meteorological Organisation (WMO) stresses that the continent is becoming a hotspot...