Many pubs and breweries across the UK will be forced to close their doors for good if they no longer get government subsidies to pay their electricity bills, members of that industry warned this Monday. The closure will be massive if the aid to pay for energy does not continue beyond 31 March 2023according to … Read more
It is striking that almost 80 percent of the engineering industry evaluate the situation as good or satisfactory, even though around 10 percent plan to outsource production abroad. “They do it because they can,” Bayer said. An entrepreneur must not only evaluate the here and now, but also the future. For those with locations overseas, … Read more
Pope Francis invited Lebanese politicians on Sunday to “put aside … their personal interests” and reach an agreement to fill the power vacuum in a country that is going through an unprecedented political and financial crisis and where there is currently no is a president. “I use (this moment) to appeal to Lebanese politicians: you … Read more
Jakarta, CNBC Indonesia – Once known for its stable and investment-friendly banking system, Lebanon has gone bankrupt due to hyperinflation. This forced banks to make huge cuts in dollar withdrawals. To make ends meet in a shattered financial system, some Lebanese have started mining bitcoins or storing wealth using cryptocurrency or cryptocurrency. ANNOUNCEMENT Scroll to … Read more
sequentially The assault on Lebanese banks And the holding of hostages within it occupies a large space in the country’s economic landscape, which imposes restrictions on the withdrawal of depositors of their savings and the recovery plan announced by the government earlier. In the latest developments, local media reported that Lebanese citizens stormed a commercial … Read more
Profits for investors in large tech companies are falling due to rising US and European inflation and energy prices. Big tech companies make fewer profits She said The Wall Street newspaper Profits from big technologies are limited as recession and dollar concerns hit companies “deemed to be more resilient”. “It’s hard to see good news … Read more
Jakarta, CNBC Indonesia – Former Indonesian finance minister under President Susilo Bambang Yudhoyono (SBY), Chatib Basri, said the condition of companies in Indonesia is not yet recovering and facing serious medium-term challenges. At the beginning of October, when the depreciation of the rupee was not too deep, Chatib shared his “prediction” regarding the phenomenon of … Read more
“For the moment, the crisis has occurred outside the United States, in countries suffering from the surge in the dollar, which has gained over 16% against all currencies since January,” notes The World. “The rise in the greenback, coupled with the rise in rates and the explosion in energy prices, will suffocate developing countries as … Read more
First modification: 07/10/2022 – 02:16 The UK still suffers from the Brexit shock, the aftermath of the pandemic and the economic crisis, which were recently joined by the change of prime minister, the death of Queen Elizabeth II, inflation, the collapse of the pound and the current economic situation. regarding energy. All this pressure has … Read more
Jakarta, CNBC Indonesia – Three important people in this country brought an important message that reminded all parties to be vigilant. The important message is about the ‘rare crisis’ looming over the world. The world economy is believed to be in recession next year. President Joko Widodo (Jokowi), Finance Minister Sri Mulyani and Coordinating Minister … Read more