economy - Page 9

Shanghai Lockdown Causes Toyota to Halt Production at 8 Plants

Toyota Motor Corp. will suspend the operation of 14 production lines across eight factories in Japan for nearly one week later this month as part of the Japanese automaker’s effort to cope with a microchip shortage caused by a month-plus Chinese coronavirus lockdown of Shanghai, China, Kyodo News reported Wednesday.

Workers assemble fourth generation Toyota Prius cars on the production line at the company

Exclusive – Veteran Entrepreneur Colin Wayne Says Biden’s Economy Taking Toll on Small Business: ‘It’s Worse than I’ve Ever Seen It’

Colin Wayne — a veteran, entrepreneur, and founder of Redline Steel, described by host Alex Marlow as a “made-in-America success story” — spoke to Breitbart News Daily about his background and beliefs, and his struggles as a small business owner in President Biden’s America, stressing the importance of the “silent majority” speaking out.

courtesy of Colin Wayne

Sri Lanka Declares Second State of Emergency in a Month

Sri Lankan President Gotabaya Rajapaksa declared a state of emergency order on Friday night — his second such act since April 1 — after violent protests demanding Gotabaya’s ouster gained renewed momentum in Colombo earlier that same day, Sri Lanka’s Daily Mirror newspaper reported.

Police use a water canon to disperse university students protesting to demand the resignat

Mozambique Rejects United Nations Call to Abandon Coal

Mozambique’s energy ministry recently said it will not comply with a United Nations (U.N.) campaign seeking to pressure countries worldwide to abandon their coal industries for supposedly “cleaner” energy options, the state-run Mozambique News Agency (AIM) reported on Wednesday.

borders

Indonesian Trade Official Arrested for Cooking Oil Corruption

Indonesian police recently arrested Dirjen Daglu, the director-general of foreign trade at the Indonesian Trade Ministry, for his alleged involvement in a corruption scheme that saw crude palm oil meant for cooking illegally exported out of Indonesia during the nation’s ongoing cooking oil shortage, Indonesian news website Coconuts Jakarta reported on Tuesday.

People queue to buy cooking oil in affordable prices in Palembang on February 24, 2022, fo

Thousands Cross Reopened Singapore-Malaysia Land Border

The land border separating Singapore from Malaysia — one of the busiest in the world — reopened to fully vaccinated travelers on Friday after a two-year-long closure due to the Chinese coronavirus pandemic, Bloomberg reported, noting the event prompted “thousands” of people to travel between the Southeast Asian nations earlier that day.

Vehicles form a long queue to enter Woodlands checkpoint in Singapore on March 17, 2020 fr

Protests as Sri Lanka Runs out of Fuel, Food, Medicine

Anti-government protests have been “widespread” across Sri Lanka for the past month due to the island nation’s worsening financial crisis, which has seen Sri Lankans go without sufficient food, fuel, and medicine for weeks, India’s the Week magazine reported this week for its April 3 issue.

A man leaves carrying a container filled with diesel fuel, from a Ceylon Petroleum Corpora