Happy New Year 2024
By: Economic & Finance Report
By: Economic & Finance Report
1) The technology known as carbon capture and storage, a concept that has been around for at least a quarter century to reduce the climate damaging emissions from factories, is…
1) Online retailer giant Amazon is considering taking over closed department stores in some malls to use as warehouses in their distribution system. Amazon is in talks with Simon Property…
1) The aircraft manufacture Boeing is laying off almost 12,000 workers this week, a result of the coronavirus crisis impact on the aircraft company. Boeing, which is the largest exporter…
1) President Trump has signed USMCA, the new trade agreement with Mexico which will replace the NAFTA, the current agreement. 2) Microsoft has been awarded a $480 million dollar contract…
1) The government released a report on climate change and the adverse effects to be expected. The US GPD may decline as much as 10% by 2100. It acknowledge that…
1) Global economic slowdown is due to rising interest rates and the trade war. The international slowdown is faster for other nations than for America, while England’s growth rate is…
1) For the twelfth straight trading day oil prices have dropped, the steepest in 3 years. US oil inventories are at record high. 2) Tesla’s Gigafactory produces more battery packs…
1) Eighteen states will increase their minimum wage starting in 2019, but eight of these states will have smaller initial increases with automatic increases that adjust the minimum wage to…
1) Russia stands to be the beneficiary of the Iran oil ban from newly imposed sanctions, with Moscow taking over Iran’s customers while defying sanctions to import Iranian oil. Although…