#economic-impact

#economic-impact

Bunge's acquisition of Viterra could lead to substantial economic losses for farmers in terms of export basis, canola prices, and elevator competition. [ more ]

Cocoa scarcity in West Africa has tripled its price, impacting chocolate lovers globally.

Global warming is a key factor in rising food prices, affecting various sectors including chocolate production. [ more ]

Salmon populations struggling, leading to a ban on fishing along the California coast for a second consecutive year.

Significant impact on commercial and recreational fishing industries, with some individuals having to seek other means of income. [ more ]

Biden visits collapsed Key Bridge in Baltimore to assess cleanup efforts

Immigrants from Mexico, Guatemala, Honduras, and El Salvador among workers on the collapsed bridge

Federal government to cover cost of reconstructing the bridge [ more ]

Labour's business rates strategy lacks clarity and concrete plans, raising concerns. [ more ]

Local restaurants and bars across different neighborhoods closing due to various reasons. [ more ]

The Bears proposed a $5 billion enclosed stadium next to Soldier Field, requesting public funding, aiming to revamp the lakefront area. [ more ]

National Small Business Week is vital for small businesses to showcase their importance and strengthen community ties. [ more ]

The Game Developers Conference (GDC) in San Francisco is providing a significant economic boost to the city.

Local businesses, such as Bocado Restaurant and The Brickhouse Bar and Grill, are experiencing positive impacts from the influx of visitors attending GDC. [ more ]

The Bitcoin halving event on April 19, 2024, will halve the block subsidy for miners, influencing mining profitability and hashrate adjustments. [ more ]

Bitcoin's value surpasses major financial entities like Taiwan Stock Exchange and Meta. Scheduled halving may impact price positively. ETFs by BlackRock and Fidelity allow mainstream Bitcoin access. [ more ]

The New York City helicopter industry is causing harm through excessive noise, pollution, and minimal revenue generation. [ more ]

The city imposed a vending ban on Mission Street but vendors continue to sell on the street.

Despite the ban deemed successful, permitted vendors are struggling with reduced sales and may face further challenges with the ban extension. [ more ]

NYC Marathon organizers facing $750,000 Verrazzano-Narrows Bridge toll demand by MTA.

The Road Runners argue increased transit revenue during marathon week compensates for any toll revenue loss. [ more ]

Nvidia GTC 2024 brought significant economic boost to San Jose.

The conference highlighted a broad representation of industries embracing AI technology. [ more ]

Generative AI may not meet expectations in boosting the world economy as initially predicted by Goldman Sachs.

Large Language Models like GPT-4 might be reaching a plateau in terms of capability, with no significantly more powerful models launched after. [ more ]