In the era of one nation, one election, and many other onenesses, challenges have arisen in delivering on the promised land. Regional Parties can choose to play to the gallery or rise above and keep...
Most of the jobs Ford intends to cut will be in Germany with some 2,900 layoffs expected. The US carmaker urged Berlin to set a “clear policy agenda” to promote electric cars amid a slump...
For years, Chinese industrial orders helped create and support thousands of well-paid jobs in Germany. But the Asian giant’s economic slowdown has led to lower demand for German goods and dampened growth prospects. The German economy has...
High youth joblessness and soaring prices, among other problems, fueled the mass student-led demonstrations that ousted Sheikh Hasina’s government. Bangladesh was thrust into the global spotlight this week after large-scale, violent unrest forced the country’s long-time premier, Sheikh...
Online retail giant Amazon is planning to cut 10,000 jobs, which is 3% of its global workforce, as it grapples with the uncertain economy taking over globally, the New York Times (NYT) and Wall Street...
Tesla chief Elon Musk sent an email to executives announcing staff cuts and a worldwide hiring pause. He attributed the announcement to a “super bad feeling” he has about the economy, Reuters reports. Elon Musk, the...
A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...
The study, the first of three parts of the Pilotproject Grundeinkommen (Basic Income Pilot Project), will provide 122 participants with €1,200 ($1,420) a month for a period of three years. Participants did not have to...
While the true extent of the economic damage caused by the COVID-19 outbreak is yet to be determined, what’s certain is that the crisis will claim millions of jobs. But a handful of sectors may...
The Indian rupee has turned out to be Asia’s worst-performing currency this year as the nation’s economy struggles with rising oil prices, a widening current account deficit and broader emerging market concerns. The rupee has...
The popular press is full of articles about how automation destroy jobs. It seems so intuitive, capital, in the form of technological advancement, replaces labor. In response to claims that low wage economies, like Mexico...
How many jobs do robots – whether mechanical robots or software – destroy? Do these destroyed jobs get replaced by the Great American Economy with better jobs? That’s the big discussion these days. The answers...