Why global shipping routes are becoming geopolitical battlegrounds in the 21st century

Why global shipping routes are becoming geopolitical battlegrounds in the 21st century

For centuries, control over trade routes has shaped the rise and fall of empires, determined economic power, and influenced global politics. Today, maritime trade remains the foundation of the world economy, with roughly 80 to 90 percent of global trade moving through sea routes. However, growing geopolitical tensions, wars, sanctions, climate change, piracy risks, and…

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Meta to lay off 100 in Israel, reassign 200 to AI

Meta to lay off 100 in Israel, reassign 200 to AI

Meta (formerly Facebook) recently announced that it was laying of 10% of its workforce worldwide — about 8,000 employees. The company also announced that 7,000 employees would be transferred to new positions related to AI. As previously reported by “Globes,” more than 100 employees out of 1,000 Meta employees in Israel will lose their jobs….

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UK fancies copying EU’s Mercosur trade deal

UK fancies copying EU’s Mercosur trade deal

Britain is eyeing a Mercosur deal because the EU’s landmark trade agreement with the South American bloc is putting British producers at a disadvantage, a UK trade minister told Euractiv. Chris Bryant said the EU deal has made European goods cheaper than British products for key markets such as Brazil and Argentina, putting Britain into…

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