A labor dispute that all but shut platinum mines in South Africa since January is extending the longest shortfall in global production since 2005, which Morgan Stanley predicts will take at least four years to fix.
At a Dowling College campus on Long Island’s south shore, a fleet of unused shuttle buses sits in an otherwise empty parking lot. A dormitory is shuttered, as are a cafeteria, bookstore and some classrooms in the main academic building.
Joshua Mercado is waiting for a train at the end of a kilometer-long queue that snakes down three stories from Manila’s elevated Quezon Avenue station to the sidewalk below. It’s part of his five-hour daily commute.
When Mark Gozzo got a request from a stranger to connect on LinkedIn, he considered it just another chance to expand his professional network. In a month’s time, the invitation had turned into a new job.