LocalEconomy

Mexico Implements Significant Tariff Increases to Boost Textile Industry Employment

4 days ago

In a decisive move aimed at bolstering domestic job opportunities, Mexico has announced substantial hikes in tariffs, some reaching as high as 35%. This policy change focuses primarily on the textile and apparel sectors, which have been identified as critical for employment across the nation.

Discover the Trailblazing UK Startups Set to Dominate 2024

2 months ago

As the United Kingdom continues to foster a thriving entrepreneurial ecosystem, a new wave of innovative startups is making headlines. These trailblazers, handpicked for their groundbreaking ideas and potential for exponential growth, are poised to reshape the landscape across various sectors in 2024. From revolutionizing healthcare to enhancing digital experiences, these startups exhibit a diverse range of applications that promise to attract attention from investors and consumers alike.

Hungary's Bold Move: Plans to Quadruple Taxes on Short-Term Rentals in Budapest

2 months ago

In a significant shift aimed at regulating the short-term rental market, Hungary has announced its plan to quadruple taxes on Airbnb-style rentals in the capital, Budapest. This decision reflects the government’s endeavor to tackle the escalating issues surrounding housing affordability and the increasing pressure on local residents caused by the rapid rise of vacation rentals.

Flood Disaster Strikes Key Tourist City in Northern Thailand: River Overflow Wreaks Havoc

3 months ago

The whole city of Chiang Mai is massively suffering from the severe inundation owing to the overflow of the Ping River. This area comprises a major tourist area in the north of Thailand, rich in cultural heritage and natural beauty. Thus, it engulfs heavy rainfall throughout the past few days, which, as a result, gave rise to the river swelling beyond its capacity.