Global Economic Collapse, ‘No one can buy or sell’: World’s Best-Run Pension Funds Say It’s Time to Start Worrying in ‘diverse places’. A great divide between old and young workers. Bloomberg•October 6, 2019 (Bloomberg) — Back in 2012, the world’s best-managed pension market was thrown a lifeline by […]
Global Economic Collapse, ‘No one can buy or sell’: Talks between UAW and GM take ‘turn for the worse’: union official. ‘A company divided will not stand.’ By Ben Klayman. Reuters•October 6, 2019 DETROIT (Reuters) – Talks for a new four-year labor contract between General Motors Co and […]
Global Economic Collapse, ‘No one can buy or sell’: Former Reserve Bank governor says interest rate cuts have ‘done everything they can do.’ The ‘most perplexing and difficult’ era for monetary policy ever.’ Same could be said in ‘diverse places.’ Pestilence of afflicted financial policy. The Guardian. Saturday, […]
Global Economic Collapse, ‘No one can buy or sell’: No One Is Safe From the U.S.-China Trade War. ‘A world economy divided, will not stand.’ Scott B. MacDonald. The National Interest•October 6, 2019 In August 2019, the changing nature of the global business landscape was brought home when […]
Global Economic Collapse: China Won’t Save the World Economy This Time. China is now recording quarterly economic growth of about 5%, not the 15% notched in 2007 or the roughly 10% in 2001 Daniel Moss. Bloomberg•October 3, 2019 (Bloomberg Opinion) — U.S. recession indicators are growing stronger and there’s […]
Global Economic Collapse: HP to Cut over 15% of Workforce Amid Print Unit Woes. 55,000 employees. $500 million restructuring costs in 2020. Additional $5 billion in share repurchasing plan. 10% (5+5) share price drop. Printing business dubbed a ‘Melting Ice Cube.’ By Nico Grant October 3, 2019, Bloomberg. HP Inc. will […]
Global Economic Collapse: India’s central bank cuts rates to near decade lows to revive growth. The 6 person Monetary Policy Committee cut the repo rate by 25 basis points to just over 5%, for a fifth (5) straight meeting this year. The reverse repo rate was reduced to […]
Global Economic Collapse: House Passes Seven-Week Stopgap Spending Bill in Hopes of Avoiding October Shutdown. Limping into November. “There is no reason on God’s green earth we cannot complete our business on the appropriations process by Nov. 21. Not a single reason, expect procrastination and an unwillingness to […]
Government Repression, Anarchy, Economic Collapse: UN calls for calm in Haiti as new protest looms AFP•October 3, 2019 United Nations (United States) (AFP) – The United Nations called Thursday for calm in crisis-wracked Haiti, eight days before the end of its police mission in the country. For more […]
Government Repression, Anarchy, Economic Collapse: Iraqi Forces Fire Live Rounds at Protesters in Baghdad. Civil Unrest and Violence. Perilous Times. Following three days of unrest across the country that left 44 dead, Iraqi leader tells nation there is no ‘magic solution’ to economic woes Reuters and The Associated […]
