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Amazon Sounds New Alarms on the Economy

What is the impact of global inflation on businesses? To all these questions, Amazon , the giant of online commerce and streaming, can provide answers. The company is a multinational that can help take the pulse of the global economy. Read More...

Reuters

Exodus of Ukrainian workers hits Europe’s emerging economies

Construction sites, factory assembly lines and warehouses across central Europe are scrambling to fill vacancies after tens of thousands of Ukrainian men left their blue-collar jobs to return home after Russia invaded their country. Ukrainian workers had flocked to central Europe in the past decade – drawn by higher wages and aided by an easing of visa requirements – filling jobs that weren’t highly paid enough for local workers in construction, the automotive sector, and heavy industry. Many of these workers have returned home to help the war effort since Russia invaded on February 24, abruptly worsening labour shortages in some of Europe’s most industrialized economies.

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