Alphabet, Google’s parent company, has announced it will cut 12,000 jobs amid slowing global economic growth.
The UK Treasury is considering a plan for digital pound
MPs have been told by the Treasury’s economic secretary that the government is looking at introducing a digital pound.
Amazon is laying off more than 18,000 employees — a significantly bigger number than previously planned
Amazon will announce that it will increase its job cuts this year to 18,000 employees as it tries to combat a global downturn.
“What’s Coming Is WORSE Than a Recession” – Jeremy Grantham
Jeremy Grantham’s Warning on a growing problem which is putting the world into grave danger.
1.3 Million UK Families Facing Cost-of-Living Crisis With No Savings Buffer
A think tank estimates that around 1.3 million British families had no savings prior to the worst cost-of-living crisis of our time.
Amazon agreed to let European customers cancel their Prime memberships in just 2 clicks
After the European Union reacted to Amazon’s pushback, Prime members in Europe will be able to cancel their memberships more easily than in the US. After complaints from EU consumer
Copper, a key economic bellwether, has fallen into a bear market.
The bear market was triggered by a key economic indicator. This has happened before any recessions in the past 30 years. Copper just tipped into a bearish market. This has
Desperation builds in Shanghai with another Saturday in lockdown, where they’ve been for more than a week.
While you may be enjoying your weekend, there is a chance that Covid will still be in your thoughts. Residents of Shanghai, a city with 25 million inhabitants, will spend
Kremlin claims the West behaves like a bandit
On Saturday, the Kremlin stated that while the West behaved like a bandit in cutting economic relations due to the conflict in Ukraine, Russia was too large to be isolated
Nord Stream 2 owner contemplates insolvency following pipeline halt and sanctions
Two sources close to the matter said that the Swiss-based company that built the Nord Stream 2 gas pipe from Russia to Germany is contemplating filing for bankruptcy being reported
U.S. and allies accuse China of global hacking spree
WASHINGTON, July 19 (Reuters) – The United States and its allies accused China on Monday of a global cyberespionage campaign, mustering an unusually broad coalition of countries for an initiative