In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…all made worse by the COVID War which destroyed the lives and livelihoods of billions across the globe.
This is week 59 of our job loss report. Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment trends and the socioeconomic implications, each week we will list job losses.
The Israel-Hamas war threatens Europe’s energy prices and should prevent the European Central Bank (ECB) from raising interest rates further, Yannas Stournaras, governor of Greece’s central bank, said in a Financial Times interview last week.
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
As we have continued to note with facts and figures, the three-year COVID War destroyed much of the world economy.
In 2021, Liontown Resources had budgeted $300 million for its new Australian lithium mine. The budget now is twice that.
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…all made worse by the COVID War which destroyed the lives and livelihoods of billions across the globe.
This is week 56 of our listing job cuts. Today, the Dow went into the red for the year plunging 430 points. Why?
International trade volumes were down 2.4 percent in June, year on year, and another 3.2 percent in July, according to the World Trade Monitor maintained by the Netherlands Bureau for Economic Policy Analysis.
“At all costs,” the European Central Bank (ECB) must prevent inflation from becoming entrenched across the Eurozone’s economy, Joachim Nagel, president of Germany’s central bank, said in a speech last week.