The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
Tag: Global Economy
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
U.S. firms shed more than 11,000 jobs a week through late October, according to a report by payroll processor ADP.
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EUROPE’S ECONOMY BECOMING OBSOLETE, LAGARDE WARNS
Europe’s model of economic prosperity “is geared towards a world that is gradually disappearing,” Christine Lagarde, president of the European Central Bank (ECB), said in a 21 November keynote speech to the European Banking Congress.
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SPOTLIGHT: BIGS GETTING BIGGER
With the billionaire gangs running and ruling the world, the “Bigs” keep getting bigger while we the plantation workers of Slavelandia go deeper in debt and get poorer.
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SPOTLIGHT ON CHINA
In October, China's retail and industrial sectors turned in their worst monthly performances in more than a year, data from the National Bureau of Statistics (NBS) showed.
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SPECIAL REPORT: TARIFF WAR UPDATE
As the saying goes, TACO Trump...which means, Trump Always Chickens Out. And once again he has Chickened Out on a number of former tariff threats, here are the latest Tariff War updates:
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TOP TREND 2024: EV GO FU
In recent years, high-end electric vehicles (EVs) such as the Tesla Model S, GMC’s Hummer, and the Porsche Taycan were steady, even though they wore price stickers of $80,000 or more.
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INDONESIA MAY ISSUE BONDS DENOMINATED IN CHINA’S RENMINBI CURRENCY
Indonesian officials are discussing joining the roster of countries issuing “panda” bonds denominated in China’s renminbi currency, two unnamed sources told the Financial Times.
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OIL PRICES JUMP AFTER UKRAINE BOMBS RUSSIAN EXPORT TERMINAL
Global oil prices shot up 2 percent Friday, 14 November, after Ukraine bombed a Russian oil export terminal in the Black Sea, damaging an oil depot, a ship in port, and apartments.
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POOR FARED WORST UNDER ECB RATE HIKES, STUDY SHOWS
As the European Central Bank (ECB) hiked its interest rates from July 2022 to fight inflation, lower-income households suffered more than higher earners, the bank’s economists reported in a new study.