UN: Global FDI skids 19% on Trump tax reform

UN: Global FDI skids 19% on Trump tax reform

Global foreign direct investment (FDI) fell 19% last year to an estimated $1.2 trillion, largely due to by US President Donald Trump’s tax reforms, the United Nations trade and development agency UNCTAD said today. FDI comprises cross-border mergers and acquisitions (M&A),...
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Foxconn Cuts 50,000 Jobs Due To iPhone Sales Slowdown

Foxconn Cuts 50,000 Jobs Due To iPhone Sales Slowdown

In the latest indication that the slump in sales of Apple’s most recent batch of iPhones isn’t a transitory trend, Nikkei Asia Review on Friday reported that Foxconn, one of Apple’s biggest and most important iPhone suppliers, is cutting seas...
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New Concepts, New EVs, Toyota Supra 2020 and Shelby GT500 at Detroit Auto Show 2019

New Concepts, New EVs, Toyota Supra 2020 and Shelby GT500 at Detroit Auto Show 2019

SUVs may rule the sales reports, but cars ain’t dead by a long shot. The first day at the 2019 North American International Auto Show in Detroit saw a dozen new vehicles, ranging from the revival of a beloved sport...
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Collapse Of Global M1 Supply Signals A Big Headache

Collapse Of Global M1 Supply Signals A Big Headache

  Every time M1 growth has dipped negative – as central bank liquidity injection either slowed or went into reverse – there has been a financial crisis. Milton Friedman was well aware of the consequences of the decline of M1,...
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