Closures continue to hit the retail and restaurant industry due to rising costs, declining demand, shifting consumer habits and online shopping.
Tag: Global Economy
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The global employment landscape continues to undergo profound disruption as companies adapt to economic pressure, technological transformation, and shifting consumer behavior.
Post
SPOTLIGHT: THE OIL CRISIS CONTINUES
Two oil tankers were attacked and set on fire in the Persian Gulf late last week, making real the fears that Iran would use military force to shut down oil shipments through the Strait of Hormuz.
Post
SPOTLIGHT: PRIVATE CREDIT’S VERY BAD WEEK
The private credit market is approaching a sharp correction, in part because many private lenders such as Blue Owl have “misrepresented” the amount of losses they have incurred, which are “larger than reported,” according to an analysis by Glendon Capital Management, a $5-billion fund that invests in distressed debt.
Post
MERGER CREATES WORLD’S LARGEST TV SHOW PRODUCER
All3Media and Paris-based Banijay are merging under the Banijay name to create the world’s largest independent creator and distributor of television shows.
Post
QATAR: IRAN WAR THREATENS TO ‘BRING DOWN’ GLOBAL ECONOMIES, GULF EXPORTERS COULD SHUT DOWN OIL PRODUCTION
Saad al-Kaabi, Qatar’s energy minister, said in an interview last week that the expanding war in Iran could easily bring oil prices to $150 a barrel, and noted that there is a real risk of Gulf countries ending energy exports.
Post
SPECIAL REPORT: CHINA’S NEW FIVE-YEAR PLAN
PUBLISHER’S NOTE: When Beijing launched the COVID War on its Lunar New Year, “The Year of the Rat” in January 2020 and imposed three years of draconian zero-COVID lockdown policies, it destroyed the lives and livelihoods of hundreds of millions of its population. The bullshit line being sold by China and the rest of the locked-down......
Post
CONSUMER PRICE INFLATION JUMPS IN CHINA
Prices for consumer goods in China increased 1.3 percent in February, year on year, from January’s 0.2 rise.
Post
GOING OUT OF BUSINESS TRENDS
Closures continue to hit the retail and restaurant industry due to rising costs and declining demand. Grocery Outlet will close 36 under-performing stores.
Post
SILENT ATTACKS ON PERSONAL FREEDOM
During the first Trump administration, the FBI quietly spent $5 million on Pegasus, an Israeli-developed software product known generically as zero click.