China and the US have agreed on a truce in the unfolding trade war between the two, according to tweets from President Trump. President Trump claims, according

A picture of The Bank of England with a statue of The Duke of Wellington to the right. The BoE warns of a no-deal Brexit.

Brexit Business Europe

BoE: No-deal Brexit would be worse than Great Recession

November 28, 2018 Thomas Klausen 1404 Views Bank of England, Brexit, Economic growth, Great Recession, Housing prices, Inflation, No-deal, Recession

A no-deal Brexit would be very bad for the United Kingdom. Indeed, the United Kingdom is heading for dire times economically if there is no Brexit deal

Business Climate Change Environment United States

General Motors to lay off thousands of workers

November 27, 2018 Thomas Klausen 1589 Views America First, Climate Change, Electric cars, General Motors, GM, Inequality, Jobs, Tariffs

US car manufacturer General Motors has decided to cut its workforce by almost 15%, shedding 15,000 jobs, according to Reuters. The company says it is due to

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