The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
Author: admin
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Layoffs of federal employees continue as the U.S. government shut down nears the one-month mark. More than 4,100 federal employees have been laid off since the U.S. government shutdown began on Oct. 1, according to a statement from the U.S. Department of Justice.
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EYE IMPLANT RESTORES VISION IN THE BLIND
Researchers in Europe said a tiny eye implant has been successful in restoring the reading vision for the vast majority of legally blind patients in a groundbreaking procedure with AI-enhanced glasses.
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TRUMP RAMPS UP UKRAINE WAR: LIFTS SOME RESTRICTIONS ON WESTERN-PROVIDED LONG-RANGE MISSILES, IMPOSES NEW SANCTIONS
The Trump administration has lifted some previous restrictions that were placed on Western-provided long-range missiles given to Ukraine, which will allow Kyiv to reach deeper inside Russia—which was seen as a notable escalation.
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WARMONGERING FREAK GRAHAM SAYS LAND STRIKES ON VENEZUELA A ‘REAL POSSIBILITY’
Sen. Lindsey Graham, R-S.C., said Sunday that he believes it is a “real possibility” that the Trump administration ends up carrying out land strikes on Venezuela because President Donald Trump decided that Nicolás Maduro, the country’s president, is a drug trafficker and that it is “time for him to go.”
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TRUMP’S SANCTION ROUND AGAINST RUSSIA HAS INDIAN, CHINESE OIL REFINERIES LOOKING TO END IMPORTS
U.S. President Donald Trump’s newly imposed sanctions on entities that purchase Russian oil on the cheap has worried owners of Chinese and Indian refineries, who are now looking for ways to curb these purchases, which would be seen as a blow to Moscow’s economy.
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$40 BILLION BAILOUT FROM U.S. CAN’T STOP ARGENTINA’S PESO’S DECLINE
Assurances from the Trump administration and a $40 billion bailout from U.S. taxpayers could not stop the devaluation of the country’s peso last week as foreign investors took positions that the currency will weaken even more in the next quarter.
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TRUMP’S PLAN CALLS FOR GAZA TO BE DIVIDED IN TWO, WITH ISRAEL TAKING ONE SIDE AND HAMAS THE OTHER…GUESS WHICH ONE WILL GET REBUILT
The latest U.S. proposal for Gaza is to essentially divide the enclave into two parts: one controlled by the Israelis and the other, temporarily, by Hamas—and the only side that will be able to rebuild is the side overseen by Israel.
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AMERICA’S TWO ECONOMIES ARE MOVING FURTHER APART
The tech industry is flying high on artificial intelligence (AI). The new technology accounted for 1.1 percentage points of U.S. economic growth in the third quarter.
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U.S. TO SEND AIRCRAFT CARRIER TO JOIN TRUMP’S ILLEGAL KILLING CAMPAIGN IN CARIBBEAN
The Pentagon announced Friday that the U.S. will position the USS Gerald R. Ford in the U.S. Southern Command to ostensibly join the fight against the drug trade in the region, but seen as President Donald Trump’s revamped effort to oust Venezuela’s Nicolás Maduro—which has been a goal since his previous term.