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07.01.26 - 16:00
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′The pressure is too much′: Lesotho′s garment workers on the frontline of Trump tariffs (The Guardian)
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Women gather outside factories hoping for work as the economy struggles under US export taxesEvery morning at 7am, women gather outside clothing factories in Maseru, the capital of the southern African mountain kingdom of Lesotho, hoping to be offered work. However, since Donald Trump imposed swingeing global tariffs in April 2025, those opportunities have been fewer and farther between.Moleboheng Matsepe lost her full-time job sewing sports leggings for the California brand Fabletics in 2023. She was initially able to pick up three-month contracts, but has not had any work since September. Continue reading......
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25.10.25 - 01:48
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Wall Street Week | AI in Higher Education, Trump′s Tariffs Hit Lesotho, Unicorns Avoiding IPOs (Bloomberg)
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This week, Arizona State University President Michael Crow explains how AI is reshaping the way students learn, teachers teach and universities prepare for the future. Leaders at Waabi, Penske, and the Port of Los Angeles explain how artificial intelligence could make supply chains faster, smarter, and more resilient. Plus, US tariffs and the end of AGOA have hit Lesotho's textile industry hard. How can one of Africa's smallest economies respond?. Later, why are billion-dollar startups waiting so long to go public? (Source: Bloomberg)...
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17.04.25 - 10:01
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Trump′s Harsh Tariff Sparks Lesotho Liquidity Fears (Bloomberg)
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Lesotho is at risk of a liquidity crisis if US President Donald Trump follows through on plans to impose a 50% levy on imports from the tiny southern African mountain kingdom. Trade Minister Mokhethi Shelile told Bloomberg's Jennifer Zabasajja that negotiations are ongoing. (Source: Bloomberg)...
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