Muslim World Report

Economic News

Erasing Student Debt: A Radical Proposal for Economic Justice

The U.S. student loan crisis demands urgent reforms. As borrowers struggle under $1.7 trillion in debt, some suggest erasing the loan database entirely.

Workers Declare Corporate Tactics a Form of Economic Terrorism

A coalition of American workers has labeled corporate suppression tactics as economic terrorism, calling for urgent action to protect workers’ rights. This declaration raises critical questions about labor rights and corporate accountability.

Trump's Tariff Liberation Day: Strategic Move or Empty Threat?

Trump’s upcoming Tariff Liberation Day raises questions about its real impact on the economy and consumers while stirring fears of trade wars and instability.

California's Bill Requires ISPs to Offer $15 High-Speed Internet

California’s new legislation mandates ISPs to provide 100 Mbps plans for low-income residents at just $15 a month, aiming to bridge the digital divide. This could influence similar laws nationwide.

Only 3% of Experts Support Tariffs as Economic Strategy

A mere 3% of economists believe current tariffs will drive investment. This analysis explores the potential economic pitfalls of protectionist policies.

Building Trades Chili Cook-off Celebrates Union Solidarity and Resilience

The Building Trades Chili Cook-off highlighted culinary skills while reflecting on the evolving challenges and solidarity of local labor unions. Competitors showcased their resilience amid socio-economic struggles.

UAE's $1.4 Trillion US Investment: A Game-Changer for Global Dynamics

The UAE’s $1.4 trillion investment in the US signals a shift in economic power dynamics. Its success could reshape energy markets and international relations.

Gazprom Faces $13.1 Billion Loss Amid Global Energy Turmoil

Gazprom’s $13.1 billion loss in 2024 raises alarms over Russia’s economy and global energy markets. Implications could reshape alliances and energy security.

Carney's Free Trade Plan: A Bold Move for Canada's Economy

Prime Minister Mark Carney aims to establish free trade between provinces by Canada Day 2025. This initiative seeks to revitalize Canada’s economy amid regional disparities.

US Turns to Turkey and South Korea for Eggs Amid Price Surge

To combat soaring egg prices, the US plans to import eggs from Turkey and South Korea, prompting scrutiny of agricultural policies and international relations.

Social Security in Jeopardy Amid DOGE Data Controversy

The SSA faces shutdown threats from the Trump administration as the DOGE seeks sensitive data. Millions could suffer as both governance and privacy hang in the balance.

Trump Official's Threat to Social Security Sparks National Outcry

A Trump administration official’s threat to halt Social Security payments has ignited fears among millions of Americans, particularly the vulnerable elderly. The potential cuts could lead to widespread unrest and political instability.

Marx's Legacy: Economic Inequality and the Future of Labor

Exploring Marx’s insights on labor and value reveals the complexities of modern economic inequality. How can these ideas inform future labor movements and policies?

DoorDash's New Financing Feature Raises Economic Concerns

The introduction of Buy Now, Pay Later options by DoorDash sparks fears about rising consumer debt and its implications for economic stability and inequality.

The Urgent Call for Union Solidarity in Today's Labor Landscape

Grassroots movements are revitalizing labor solidarity amidst systemic challenges. Unions must adapt to ensure fair representation for workers in a changing economy.

Choosing Secure Digital Tools for Union Communication

Unions face urgent challenges in selecting secure communication tools. Exploring decentralized platforms can bolster data privacy while enhancing member engagement.

Unionizing the Holiday Park Workforce: NGSU or Go Independent?

Workers at a UK holiday park face a pivotal choice: join an existing union or form their own. This decision could reshape labor dynamics in hospitality.

China's EV Revolution: America's Intellectual Property Dilemma

China’s rapid advancements in electric vehicles are raising alarms in the U.S. about potential intellectual property theft and its global implications.

Tesla Faces Turbulent Times as Stock Plummets and Trust Erodes

Tesla’s stock has dropped over 50%, prompting CEO Musk to urge employees to hold shares, igniting fears and dissatisfaction among staff and customers alike.

Engineered E. coli Could Pave the Way for Biodegradable Plastics

Researchers have modified E. coli to produce biodegradable plastics, offering a potential solution to the plastic waste crisis. However, ecological concerns remain.

AOC's Bold Critique of Billionaires and Cryptocurrency at Rallies

AOC challenges billionaires’ influence and questions the potential of cryptocurrency at rallies, highlighting wealth inequality and party divisions. Her stance could redefine the Democratic Party’s future direction.

The Looming Pension Crisis Threatening Retiree Security

The U.S. pension system faces a crisis with over 50% insolvency risk. Urgent reforms are needed to protect millions relying on retirement funds.

80 Tesla Vehicles Destroyed in Hamilton Dealership Fire Incident

A fire at a Tesla dealership in Hamilton resulted in significant vehicle damage, prompting investigations into potential safety and sales integrity issues. The implications could reverberate through the electric vehicle market and beyond.

Navigating Trust in Banking Amidst the Global Financial Crisis

The banking crisis has prompted a call for innovative solutions to build trust in financial institutions. Communities may seek alternative models for greater economic resilience.

Electricians Seek Union Switch Amidst Labor Rights Debate

Electricians aim to switch from SEIU to IBEW, raising key questions about labor rights and union representation. The stakes are high for workers’ autonomy.

US Seeks Egg Exports from Lithuania Amid Domestic Shortage

The U.S. turns to Lithuania for egg supplies, igniting mockery online. This situation raises questions about American agricultural policies and international relations.

Lutnick’s Tesla Endorsement Raises Eyebrows Over Ethics and Trust

Howard Lutnick’s call for Tesla stock investment highlights troubling ties between corporate interests and government ethics. This raises concerns about investor trust.

Amtrak CEO Stephen Gardner Resigns Amid Privatization Threats

Stephen Gardner’s resignation as Amtrak CEO raises concerns about the future of public transportation and the potential push for privatization under the current administration.

Apple TV+ Faces $1 Billion Loss Amid Streaming Challenges

Apple TV+ is losing $1 billion annually as it navigates a competitive streaming landscape. To survive, it must reassess its content and investment strategies.

Tesla Pauses Cybertruck Deliveries Over Safety Concerns

Tesla halts Cybertruck deliveries due to concerns about body panels detaching. This recall affects the majority of vehicles sold, raising serious safety questions.