Economic Impact

Iran Khodro (IKCO) automobile manufacturing facility in 2018, representing Iran's domestic car industry affected by Treasury sanctions targeting auto and rail sectors

October 2, 2026

Treasury Sanctions Iran Auto and Rail Firms as Hormuz Blockade Widens

Operation Economic Outcast Expands to Land Routes The US Treasury Department struck Iran’s auto and rail sectors on Thursday, October 1, 2026, widening the economic war against Tehran as a US naval

Dark plume of smoke billowing from a tall industrial chimney stack at the Łaziska thermal power plant silhouetted against an orange sunset sky.

News·Pollution·World

World Bank: Pollution Causing 5.7M Deaths Yearly with 5% GDP Loss; Efficiency Could Cut Damage by Half

Pollution isn’t just harming the environment – it’s damaging economies right now, according to a new World Bank report. The research shows that using natural resources more efficiently could cut pollution by half, addressing a crisis that hits the world’s

September 3, 2025

World Creativity Day 2025: Creative Industries Drive 3.1% of GDP and 6.2% of Employment

World

Most of our day-to-day work is repetitive. No creativity is involved in it. The concept of creativity too is open to different interpretations. An

Fire Ant Rafts After Cyclone Alfred Threaten Queensland

Australia·News·Wildlife

Fire ants, one of the world’s most dangerous invasive species, have been observed forming “rafts” to survive floodwaters in Queensland following ex-Cyclone Alfred. This

World’s most popular marathon on track for more than 56,000 finishers on Sunday 27 April. Photo Source: TCS Londan Marathan

News·Sport·UK

2025 London Marathon Set to Break Records with 56,000 Runners

The 2025 TCS London Marathon is poised to make history this April as it aims to surpass New York’s record and become the world’s largest marathon ever. With over 56,000 runners expected

Govind Tekale

March 14, 2025

Representative Image. Governor Moore attends the NAACP Convention In Las Vegas by Elijah Williamson at Mandalay Bay Convention Center, Las Vegas, NV. Photo Source: Maryland GovPics (CC BY 2.0)

Activism·News

Hazel Dukes, Former NAACP President, Dies at 92

Hazel N. Dukes, who served as president of the New York State NAACP for nearly five decades and led the national organization, died peacefully at her Harlem home on March 1, 2025.

Govind Tekale

March 5, 2025

Open ocean with a barge carrying construction equipment. Photo Source: Stevens Towing

Conservation·Marine Life

Oyster Reef Restoration Yields $1.70 per $1 Invested, Creating Jobs and Boosting Economies

Recent studies show oyster restoration projects are delivering substantial benefits for coastal economies and marine ecosystems. For every dollar invested in oyster reef restoration, states receive $1.70 in economic and environmental returns,

Govind Tekale

February 27, 2025

Energy·Europe·News

Teresa Ribera’s Shift on Nuclear Energy and EU Role Signals New Era for SMR Strategy and Supply Chain Goals

Teresa Ribera will not create obstacles for nuclear energy. In fact, she considers its use necessary in Europe, and believes that the deployment of small modular reactors (known as SMRs) will “ensure

Sunita Somvanshi

October 30, 2024

Business·News·USA

First Major East Coast Dock Strike Since 1977 Puts 100,000 Shipping Containers in Limbo: $5 Billion a Day and Supply Shortages in the Balance

In a move reminiscent of the labor disputes of the 1970s, approximately 45,000 members of the International Longshoremen’s Association (ILA) began a strike at 12:01 a.m. ET on Tuesday, October 1, 2024.

Sunita Somvanshi

October 2, 2024

BYD’s EXPLORER NO.1 Docks in Brazil , Photo Source : BYD

Business·Europe·Mobility

EU Slaps Up to 37.6% Provisional Tariffs on Chinese Electric Cars: Will Auto Prices Surge?

The EU Commission is imposing provisional tariffs on electric cars imported from China, citing unfair subsidies that distort competition. These tariffs, ranging from 17.4% to 37.6%, will be in addition to the

Sunita Somvanshi

July 4, 2024

Business·Europe·News

EU Trains 100,000 Workers in Solar Energy to Strengthen Economy, Amidst Populism and Tech Threats

The European Union’s economic status is shrinking, accounting for just 13.3% of global gross domestic product compared with more than 20% in 1993. Its false sense of unity and strength are being

Karmactive Staff

June 27, 2024

Opinion·Sustainability

How Conserving Our Ecosystems Now Could Save Billions: The Crucial Intersection of Economy and Environment

The principles of sustainable development are: Conservation of the ecosystem or the environment, Conservation of Biodiversity of the planet, Sustainable development of the society, Conservation of human resources, and Population control and

Govind Tekale

June 19, 2024

UN Climate Chief Urges G7 Action on Emission Cuts and Climate Finance

Climate·World

UN Chief’s Stern Warning to G7: Intensify Emission Reductions or Brace for Economic Collapse

The climate crisis has reached such a stage that the UN Climate Chief, Simon Stiell, had to call on the G7 to lead from the front. Simon Stiell asked the Group of

Govind Tekale

May 9, 2024

woman holding tray with rice, Women, Work, Mangalore, India, working,

India·Opinion

Beyond Earnings: Why a Rs 1 Million Salary Isn’t Enough for Financial Freedom for Women

A study conducted by DBS Bank& Crisil reveals that an annual income of Rs 1 million may place you within the top 15% of Indians in terms of earnings, but if you

Govind Tekale

March 8, 2024