Ashok Ramprasad
Over 100 Ships Waiting to Offload Cargo in California
The twin ports of Los Angeles and Long Beach in California have been experiencing record backlogs over the past few months. They are still overwhelmed by the number of ships waiting to unload this month....
China’s Defense Expenditure Greater Than South-East Asian Countries and Regional Rivals
One of the most explicit ways of measuring the potential military capability of a nation is its expenditure on defense. With its growing desire to become a global superpower, China’s expenditure on defense has increased...
Delisting Fears Wipes Out Over $1 Trillion From Chinese Stocks
The decades-long relationship between Wall Street and China seems to be coming to an end as many Chinese companies face the risk of being removed from U.S. stock exchanges. The development comes as the Securities...
Up to 740,000 Cancer Cases in the UK May Have Been Missed Due to the Pandemic
According to a recent report from the UK spending watchdog National Audit Office (NAO), 240,000 to 740,000 urgent referrals for suspected cancer were missed by general practitioners (GP) during the pandemic. This is because millions...
Half of Americans Suffering From Inflation, Poll Finds
With the American economy experiencing the highest inflation in over three decades, millions of households are feeling the pinch as the cost of food, rent, and a range of other goods and services have increased. ...
US Manufacturing Activity Growth Slows in November
According to a survey of purchasing managers released on Dec. 1, factory activity in November was affected by higher energy prices, longer lead times, supplier shortages, and record cost inflation. As a result, U.S. manufacturing...
The Full Exposé: How Chinese Companies Aided Former Congo President in Massive Corruption
With 73 percent of its population living in extreme poverty, the Democratic Republic of the Congo (DRC) remains one of the poorest countries in the world. Its deep-rooted corruption continues to worsen the problem. An...
Factories in Texas Increasingly Affected by Inflation
Texas is popularly known as one of the manufacturing centers of the country. It is home to various industries from motor vehicle and parts manufacturing to computer and electronic products, as well as food and...
US Experiencing One of the Highest Inflation Rates in the World
Several countries around the world are grappling with inflation. The relaxation of COVID-19 restrictions has led to an increase in demand. The cost of goods has risen as a result of major supply chain issues...
American Economy Could Be Headed Toward 1970s-Style Stagflation, Warns Economist
The United States is grappling with the highest levels of inflation in over thirty years. The Consumer Price Index (CPI) numbers released lately showed that prices rose 6.2 percent in October compared with the same...
Chinese Companies Face Risk of Being Delisted From US Stock Exchanges
For years, Chinese companies have depended on access to American capital markets and were drawn to them due to its friendly regulatory environment. However, with the Securities and Exchange Commission (SEC) taking strict action against...
Car Rental Prices in the US Soar During Thanksgiving
Many Americans across the country who planned to rent a car to visit their loved ones during this Thanksgiving holiday would have been shocked by the elevated prices. A shortage of vehicles and supply chain...