Business – Page 39 – PressClub World

22. 1. 2020 No Responses

Trump Threatens to Slap 25% Tariffs on European Cars if No US-EU Trade Deal

The Trump administration has long accused the EU of too much positive trade balance surplus and has clashed with its trans-Atlantic allies over state subsidies to manufacturers and taxes on US tech companies. Donald Trump on Wednesday renewed his threat...

20. 1. 2020 No Responses

IMF boss Georgieva says global economy risks return of Great Depression

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability. Speaking at the Peterson Institute of International Economics in Washington, Kristalin...

16. 1. 2020 No Responses

PSA Group’s sales slump 10% in 2019

French carmaker PSA Group (Peugeot Citroen Opel) said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and...

15. 1. 2020 No Responses

33 Disinformation Schemes

33 Disinformation Schemes Used By Wall Street, Corporate America, & The ZioMedia This is a collection of 33 tactics, instances, misnomers, immortal fake propaganda, and even wrong-doing cropping up ceaselessly on Wall Street, in press releases, in earning...

14. 1. 2020 No Responses

US federal budget deficit surpassed $1 TRILLION in 2019

US federal budget deficit surpassed $1 Trillion in 2019, reaching 7-year high. The US government budget deficit for the calendar year that ended in December topped $1 trillion for the first time since 2012, according to US Treasury Department data released...

14. 1. 2020 No Responses

Nissan and Renault dismiss reports of possible break-up

French carmaker Renault and Japanese partner Nissan said on Tuesday their alliance was in no danger of being dissolved. The announcement follows a Financial Times report that Nissan was beefing up plans to quit. The alliance, which also includes Japan’s...

10. 1. 2020 No Responses

This Plane Was Designed By Clowns, Who Are Supervised By Monkeys

This Plane Was Designed By Clowns, Who Are Supervised By Monkeys – reveals internal e-mails written by Boeing employees. In recent weeks, a series of reports claiming Boeing neglected to turn over critical information to the FAA regarding the developme...

7. 1. 2020 No Responses

FAA confirms new potentially catastrophic issue with Boeing 737 MAX wiring

The US Federal Aviation Administration (FAA) and plane manufacturer Boeing have confirmed a full review is underway into a wiring issue that could cause a ‘potentially catastrophic’ short circuiting on 737 MAX 8 aircraft. It comes as the aircraft t...

2. 1. 2020 No Responses

Airbus Deliveries Soar To Record High As Boeing’s Fades

A new report from Reuters specifies how Airbus locked in a record number of aircraft deliveries in Dec. to exceed full-year delivery targets while outshining troubled Boeing in becoming the world’s top planemaker. By midnight on New Year’s Eve, A...

30. 12. 2019 No Responses

What would real house prices look like in a world without bubbles?

The Great Recession was not caused by a the bursting of a housing bubble, because there was no bubble. It was caused by tight money supply. Unaffordable housing is the macroeconomic story of our time. It is interesting that housing...

23. 12. 2019 No Responses

Boeing fires CEO Dennis Muilenburg after disastrous year

Boeing fires top boss and Aviation Week & Space Technology’s Person of The Year Dennis Muilenburg over failure to deal with 737 MAX crisis. US planemaker Boeing has replaced its CEO Dennis Muilenburg after the company faced a series of...

23. 12. 2019 No Responses

Secretary of The Treasury Steven Mnuchin Why $1.5 Trillion Cash Have Disappeared

Maybe as some kind of Christmas gifts $1.5 Trillion In $100 Bills Have Disappeared from circulation. Last week we reported that something strange was going on at the same time that central banks are injecting $100 billion each month in electronic money to.....

23. 12. 2019 No Responses

African countries walk away from Paris-backed Franc

Macron blasts colonialism: Grave mistake & fault of France. Emmanuel Macron delved into his country’s imperial past, saying France’s territorial conquests were a mistake that should be fixed – including by welcoming African countries reforming the c...

21. 12. 2019 No Responses

Chevron’s $11 Billion Impairment

From Chevron’s press release: “As a result of Chevron’s disciplined approach to capital allocation and a downward revision in its longer-term commodity price outlook, the company will reduce funding to various gas-related opportunities including Appa...

19. 12. 2019 No Responses

Goldman Sachs To Admit Guilt, Pay $2 Billion Fine In 1MDB Scandal Settlement

Goldman To Admit Guilt, Pay $2BN Fine And Hire Independent Monitor In Historic 1MDB Settlement. Two weeks ago, Bloomberg reported that Goldman Sachs and the Department of Justice were finally nearing a deal in the federal probe of the Vampire Squid’s...

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