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  • Showing only topics with the tag "bans". Back to normal view
    1. International Monetary Fund calls on Indonesia to lift mineral export ban

      https://asiatimes.com/2023/07/indonesias-mineral-export-bans-face-hot-global-fire/ JAKARTA – Indonesia is under rising fire at the World Trade Organization and by the International Monetary Fund...

      https://asiatimes.com/2023/07/indonesias-mineral-export-bans-face-hot-global-fire/

      JAKARTA – Indonesia is under rising fire at the World Trade Organization and by the International Monetary Fund (IMF) for the government’s seemingly haphazard policy of banning mineral ore exports, a market intervention Jakarta insists is just and necessary to maximize its economic and industrial growth.

      In a sharply worded statement accompanying its 2022 country report, the IMF called for Indonesia to phase out the restrictions and not extend them to other commodities. “The increasing use of trade measures and industrial policies may destabilize the multilateral trade system,” the IMF said.

      9 votes
    2. US abortion bans are going to hit us worse than we think

      One thing about the bans on abortion that no one is talking about but is going to affect absolutely everyone is the current labor shortage we're experiencing in this country. From logistics to...

      One thing about the bans on abortion that no one is talking about but is going to affect absolutely everyone is the current labor shortage we're experiencing in this country. From logistics to food service to retail and beyond, women are part of the workforce in the United States. Once women start being forced to carry to term and give birth in numbers not seen in half a century, those women will be removed from the labor pool. That means less people in every work field in a time when we're already seeing a shortage of workers. That's only going to get worse. Add to that the reduction in salaries and rise in expenses for basic necessities (baby food, diapers, baby clothes) and that's money taken out of most sectors of the economy.

      We are headed for a massive labor shortage and a massive hit to an economy already weakened by a major pandemic. With this one ruling, the economic backbone of the American infrastructure may be dramatically weakened, and the number of jobs being filled are going to plummet.

      This is all on their heads, and it isn't going to be pretty.

      20 votes