International Finance

Category : Economy

Economy

Amazon workers strike in Germany demanding higher wages

Amazon.com Inc. (AMZN) workers in Germany went on strike today as the country’s largest services union attempts to push the Internet retailer to join collective bargaining agreements and pay higher wages. Amazon employees in Germany have staged their first ever strikes, disputing over payment and other benefits with the internet retailer. Employees are pushing Amazon...
Economy

Closing The Rich-Poor Divide in PNG

Structural reforms in financial services, telecommunications and aviation have boosted business investment and encouraged economic diversification in Papua New Guinea. The Papua New Guinea (PNG) economy has undergone a remarkable 11 straight years of economic expansion, averaging GDP growth of almost 6% per annum. High levels of foreign investment coupled with strong commodity prices for PNG’s...