Stories about Economics & Business from December, 2023
In 2023, pre-election implications were evident in certain South Asian nations as repressive laws stifled free expression and targeted critics. Opposition leaders faced arrests and judicial harassment, reflecting a concerning trend.
Ten families were forced to relocate from their ancestral lands so that Azerbaijan President Ilham Aliyev's son-in-law could build an agrocomplex. Much of the project was funded by state financing.
"Making demands was like banging your head against the wall. It was pointless, because we got nothing."
Azerbaijan’s relationship with environmental protesters has been complicated in the past year.
Baku's InterContinental hotel has a suspicious history. When the land around the hotel was put up for auction, the details of the land's address and size were purposefully blacked out.
The high inflation, declining purchasing power, and other factors continue to make it difficult for average income earners to find suitable housing.
Hong Kong has had a significant economic downturn over the last three years, correlating with the start of the COVID-19 pandemic and adoption of the Beijing-imposed National Security Law.
Since the election of the new Labor government in 2022, Australia’s international reputation regarding climate action has risen considerably as result of stronger emissions targets and its enhanced safeguard mechanisms.
"Climate change events [cause] a disconnection through displacement and loss of our homes, our land, and our ways of doing things. Having to relocate and start over is traumatic."
As COP28 launches a Loss and Damage Fund, devastating rains highlight Caribbean islands’ increasing vulnerability to climate change impacts
The picture in Jamaica is similar to elsewhere in the Caribbean, where there are fears about food security as a result of repeated “natural disasters” caused by human-induced climate change.