(ABM FN-Dow Jones) The U.S. could enter recession over the next 12 months as the Federal Reserve attempts aggressive rate hikes to keep inflation down. A new survey of economists by the Wall Street Journal revealed this weekend. The probability of a recession in the next 12 months is now rated at 63 percent by […]
Elon Musk has a solution for the US energy grid: “No need for unknown technology!”
The flamboyant centime billionaire makes himself heard again Twitter. Just last week, he shared his views on how America should be empowered. He said the country already has the resources to replace the current fossil fuels and meet the growing energy needs. The recent heat wave in the state of California has resulted in power […]
Businessman | Don fears recession and flees with his company…
news Purchasing power crisis Businessmen in our country are very much concerned about the economy. On Budget Day, Tuesday, September 20, it should be clear what plans the Cabinet has in place to help entrepreneurs and consumers. Along with these high energy prices and high inflation are growing fears of a general recession. Some reason […]
US says Starlink not only interested in Ukrainian communications | Technology
The US Department of Defense is negotiating with Elon Musk over the cost of Starlink internet terminals in Ukraine. According to the Pentagon, the American billionaire’s satellite link is “not the only option” to maintain communications with Ukraine. Musk said on Friday that his SpaceX company would no longer spend on thousands of Starlink terminals […]
A second U.S. store is building Apple Union
Photo: ANP Once again, Apple Store employees in the US have chosen to form a union. Employees at the Oklahoma City store voted to join the union, becoming the second Apple store to unionize. In June, a store opened in Townson, Maryland. Apple encourages union membership in the U.S. The company said in a statement, […]
“I believe we can continue a good export of Spanish cucumbers with peppers to America and Canada”
Tholen – While there is often overlap between Spanish, Dutch and Belgian varieties of fruit vegetables in September, the cards are played very differently this season. “We see that productions are significantly lower in the Netherlands. At the same time, the heat in Spain this summer had a big impact on productions, but also on […]
ASML is again a victim of US sanctions on China
The US further restricts ASML’s freedom of trade. The Americans have created regulations that prevent ASML’s American employees from working with Chinese clients. This was stated in an internal ASML memo that appeared on social media. “The U.S. government has enacted several new regulations prohibiting the provision of support to certain factories in China. As […]
‘US ASML employees not allowed to work with Chinese clients’
ASML immediately banned employees in the United States from working with Chinese clients. With this, the Dutch chip company complies with the new regulations of the US government. In an internal memo from Chip, employees in the US were told that working with and supporting Chinese customers is now a thing of the past. According […]
Analysts and investors in the US fear the effect of the recession on aviation
Fares for US airline tickets rose 33 percent last August, more than inflation in the United States. According to the Rueters news agency, airline tickets are “one of the biggest drivers of consumer price increases.” Meanwhile, American Airlines says it posted higher profits in the third quarter as it was able to offset higher costs […]
Warm U.S. inflation data reinvigorates global sales
US CPI data leads to bets on more Fed rate hikes The MSCI ACWI Global Equity Index is at its lowest point since July 2020 Wall Street and global stocks enter seventh day of decline The dollar rises again, and the yen hits new lows in 1998 UK markets rise after government report on scrapping […]