New Zealand floods turn deadly as state of emergency declared
New Zealand declared a state of emergency in Otorohanga on Saturday (14 February) after torrential rain caused severe flooding, power outages and evac...
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
The Valentine's day period typically accounts for about 20% of annual sales, however, growers are facing mounting economic challenges.
A 10% U.S. tariff imposed last April, as part of President Donald Trump’s broader trade measures, is weighing on profits, while a stronger Colombian peso and a 23% rise in the minimum wage are squeezing margins and eroding competitiveness.
The United States accounts for approximately 80% of Colombia’s flower exports.
Jose Antonio Restrepo, manager of Ayure SAS Eclipse Flowers near Bogotá, said the industry is experiencing “very adverse, very complicated situations,” warning that continued pressures could lead to layoffs and farm closures by July.
Flower cultivation is Colombia’s most labour-intensive agricultural sector, employing around 240,000 people across 10,500 hectares.
The timing of Valentine’s Day this year (falling on a Saturday) also presents challenges for sales, as many consumers traditionally send flowers to offices during the week, explained Augusto Solano, president of Asocolflores.
Despite the economic pressures, workers on the packing floors remain positive.
Susana Vega, wrapping roses for shipment, said: “It’s an immense joy, knowing that we’re bringing happiness to someone… to a woman, to a mother and that we’re also benefiting ourselves.”
Europe heads into the Munich Security Conference, on Friday (13 February), amid deepening unease over U.S. policy, as President Donald Trump’s hard-line stance on defence, trade and territory fuels doubts about Washington’s long-term commitment to transatlantic security.
Türkiye and Greece signalled renewed political will to ease long-standing tensions during high-level talks in Ankara on Wednesday (11 February). Maritime borders, migration and trade topped the agenda as both leaders struck a cautiously optimistic tone.
Stalled U.S.–Iran talks and mounting regional tensions are exposing a growing strategic rift between Washington and Tel Aviv over how to confront Tehran, political analyst James M. Dorsey says, exposing stark differences in approach at a critical moment.
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday, framing America’s renewed strength as a backdrop to mounting pressure on Iran amid stalled nuclear talks.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
Russia’s car market is continuing to receive tens of thousands of foreign-brand vehicles via China despite sanctions imposed after Moscow’s full-scale invasion of Ukraine in 2022, a journalistic investigation has found.
Türkiye’s national energy company, TPAO, has struck a new cooperation deal with U.S. energy giant Chevron, signing a memorandum of understanding to explore joint oil and gas exploration and production opportunities, the Turkish Energy and Natural Resources Ministry announced on Thursday.
Wall Street ended sharply lower on Tuesday as investors worried about artificial intelligence (AI) creating more competition for software makers, keeping them on edge ahead of quarterly reports from Alphabet and Amazon later this week.
U.S. stock markets finished mixed on Wednesday (28 January) as investors reacted calmly after the Federal Reserve left interest rates unchanged, a decision that had been widely expected and largely priced in.
The S&P 500 edged to a record closing high on Tuesday, marking its fifth consecutive day of gains, as strong advances in technology stocks offset a sharp selloff in healthcare shares and a mixed batch of corporate earnings.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment