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UK Sees Dramatic Drop In International Students And Foreign Workers
The United Kingdom has witnessed a significant decline in the number of international students and foreign workers migrating to the country, according to recent data from the Office for National Statistics (ONS). This trend marks a departure from the UK’s traditional attractiveness to global talent and raises concerns about the impact on the country’s economy and education sector. In the year ending March 2024, the number of international students arriving in the UK plummeted by 23% compared to the previous year, with a total of 210,000 students entering the country. This decline is attributed to the introduction of stricter visa rules and the UK’s exit from the European
Union (Brexit).
“The UK has always been a popular destination for international students, but the recent changes in visa policies and the uncertainty surrounding Brexit have made it more challenging for students to choose the UK as their study destination,” said Vivienne Stern, Director of Universities UK International. The decline in foreign workers is even more pronounced, with a 31% drop in the number of work-related visas issued in the same period. This decrease
is largely attributed to the UK’s new points-based immigration system, which prioritizes high skilled workers and has made it more difficult for lower-skilled workers to enter the country.
“The new immigration system is designed to attract the best and brightest talent from around the world, but it’s clear that the changes are having a significant impact on the number of foreign workers coming to the UK,” said Madeleine Sumner, Director of the Migration Observatory at the University of Oxford. The decline in international students and foreign workers has significant implications for the UK’s economy and education sector. International students contribute significantly to the UK’s economy, with estimates suggesting that they generate over £25 billion in revenue each year. Similarly, foreign workers play a crucial role in filling labor gaps in key sectors such as healthcare and technology.
“The decline in international students and foreign workers is a concern for the UK’s economy and education sector. We need to ensure that our immigration system is attractive to global talent and supports the needs of our economy,” said Shadow Home Secretary, Yvette Cooper. In response to the decline, the UK government has announced plans to review the immigration system and make it more attractive to international students and foreign workers. The government has also announced plans to increase funding for international student recruitment and to streamline the visa application process. “We recognize the importance of international students and foreign workers to the UK’s economy and education sector. We will work to ensure that our immigration system is fair, efficient, and attractive to global talent,” said Immigration Minister, Robert Jenrick.
Hurricane Milton ravaged Florida with fierce winds, flooding, and tornadoes, leaving 16 dead and millions without power. Communities face widespread destruction, as stories of survival and rescue emerge, including daring evacuations and rebuilding efforts. As officials warn against disaster sightseeing, residents and authorities focus on recovery. The storm highlights the urgent need for climate action and preparedness, as Floridians confront the realities of living in a storm-prone state.
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ExxonMobil Guyana has announced plans to increase oil production from its Stabroek block by 18,000 barrels per day (bpd). The capacity of the Unity floating production, storage, and offloading (FPSO) vessel will increase from 252,000 bpd to 270,000 bpd, pending approval from local authorities. ExxonMobil Guyana currently produces 665,000 bpd, and future developments include the Hammerhead project, which aims to produce 120,000-180,000 bpd. The company’s investment is set to further strengthen Guyana’s economy as it grows into a major oil producer.
In political developments, President Irfaan Ali has announced several benefits ahead of Guyana’s upcoming elections. The new incentives include free college tuition and a one-time cash handout of nearly $1,000 per household, benefiting 264,000 families. The minimum wage will also increase from $350 to $500 starting next year, aimed at reducing the cost of living for Guyanese citizens.
Guyana’s economy, bolstered by its growing oil sector, saw a remarkable 60% GDP growth in 2022, the highest in the world, according to the IMF. To further utilize oil revenues, the government is launching various infrastructure projects, including hospitals, schools, and a $1.9 billion gas-to-energy initiative.
At the same time, the 115th COTED meeting on agriculture in CARICOM is tackling challenges like climate change and underdeveloped agricultural value chains, working towards the 25 by 2025 Food Security Initiative.
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CARICOM ministers gathered in St. Vincent during the 18th Caribbean Week of Agriculture (CWA) to address regional food security and sustainability. Key discussions included the “25 by 2025” initiative, blue economy development, and strategies to enhance intra-regional trade and agriculture. The ministers are also preparing for COP29, pushing for urgent climate action, and seeking financial commitments to protect Small Island Developing States (SIDS) from the impacts of climate change. Notable awards were presented to outstanding farmers for their contributions.
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