Volkswagen Factory Closures: Cost-Cutting Strategy or Job Killer?
Volkswagen’s decision to close three factories in Germany raises concerns about significant job losses, as the company embarks on a cost-reduction strategy....
Tag : Global Economy
UN Chief Guterres Calls Out Russian Aggression in Ukraine During BRICS Meeting with Putin
At BRICS Summit, Guterres Urges End to Ukraine War UN Secretary-General António Guterres took a bold stance at the BRICS summit in Kazan, Russia, where...
IMF Chief Foresees Sluggish Global Growth and Urges Comprehensive Reforms
Washington, October 17, 2024 (Reuters) – The International Monetary Fund (IMF) has issued a cautionary outlook for the global economy, forecasting weak medium-term growth amid...
From Tokyo to Wall Street: Stock Market Turbulence with a Butterfly Effect?
Exploring the Ripple Effects of Japan’s Monetary Policy Shift on Global Markets An analysis by Presidential Advisor, Prof. Dr. Cosmin Marinescu Source: cosmin-marinescu.ro On Monday,...
Macro commentary by eToro analyst for Romania, Bogdan Maioreanu: Global warming to hit global economy, but not this summer’s travel season
Macro commentary by eToro analyst for Romania, Bogdan Maioreanu: Global warming to hit global economy, but not this summer’s travel season Wildfires in Greece...
Samsung Workers in South Korea Stage First-Ever Strike
SEOUL – For the first time in its history, employees at Samsung Electronics in South Korea have staged a strike, according to a report by...
IMF Chief Urges China to Boost Growth with ‘Pro-Market Reforms’
Source: Inquirer BEIJING, China — As China grapples with a sluggish economy marked by a housing market crisis, low domestic demand, and persistently high youth...
Swiss National Bank Shocks Markets with Interest Rate Cut: Implications for the Franc and Global Policy
In an unexpected move, the Swiss National Bank (SNB) has slashed its key interest rate by 25 basis points, signalling proactive measures to prevent the...
Global Economy Set for Weakest Half-Decade Performance in 30 Years
Global Economy Set for Weakest Half-Decade Performance in 30 Years As the world nears the midpoint of what was intended to be a transformative decade...