In Sweden, a strike involving 70 car mechanics at Tesla’s service centers has entered its second year, raising questions about how the situation will be resolved. The strike, which began on October 27, 2023, centers on the union IF Metall’s desire for collective bargaining rights regarding pay and conditions for its members—a crucial aspect of […]
The striking Swedish workers taking on carmaker Tesla Read More »
Rachel Reeves, the UK Chancellor, is set to lead a delegation of senior business leaders to Saudi Arabia on Monday. This visit marks the first time a UK Chancellor has traveled to the Gulf in six years. During her trip, Reeves aims to strengthen the UK’s economic relationship with Saudi Arabia and is scheduled to
Reeves to lead trade mission to Saudi Arabia amid human rights concerns | Rachel Reeves Read More »
A government budget is set to be presented next month, focusing on key economic principles. The chancellor’s address highlights the commitment of a Labour government to achieve balance not only in fiscal terms but also in economic health. It acknowledges that during periods of diminished demand and reduced investment, government intervention is necessary to support
The Guardian view on the budget: what a Labour chancellor should really say | Editorial Read More »
On October 26, U.S. Treasury Secretary Scott Bessent announced that the U.S. and China have concluded negotiations regarding the transfer of TikTok’s U.S. operations to new owners. In a statement made during an appearance on CBS’s Face the Nation, Bessent highlighted that a final agreement was reached, with details finalized in Madrid. He indicated that
US and China reach ‘final deal’ on TikTok sale, treasury secretary says | TikTok Read More »
On the morning after the internet experienced a significant outage, individuals faced practical challenges in performing daily tasks, such as grocery shopping or communicating with employers. This incident was triggered by a glitch at a data center in Virginia, highlighting the vulnerabilities of the internet infrastructure that, despite its pivotal role in modern society, relies
Supermarket leaders in the UK, including executives from large chains like Tesco, Asda, Sainsbury’s, and Morrisons, have expressed concerns over potential tax increases in the upcoming budget, warning that this could further elevate food prices for households. In a letter addressed to Rachel Reeves, they indicated that any rise in taxes, such as a new
Supermarkets tell Reeves tax rises could push food prices higher | Supermarkets Read More »
A recent article from the New York Post highlighted a controversial workplace policy introduced by a manager for work-from-home employees. The policy, referred to as the “five-minute rule,” required employees to notify their team if they stepped away from their desks for any reason, including using the bathroom. This directive raised eyebrows among employees, with
Donald Trump’s aim to mediate peace in Ukraine centers on a key question: Can he persuade the global community to stop purchasing Russian fossil fuels? Recently, Trump instituted sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, intending to curtail Moscow’s funding for its military operations. Experts, including Tom Keatinge from the Centre for
Jacob Taylor, deputy leader of the Labour-run Brighton and Hove City Council, is overseeing a significant initiative to address housing shortages in the area. The council has recently approved a plan to spend £50 million to acquire 200 homes over the next two years, specifically targeting properties from private landlords. This approach aims to replenish
Corinne Low, an economist at the University of Pennsylvania’s Wharton School, experienced significant challenges after the birth of her son in 2017. While she was fulfilling her career ambitions, an increase in her commute time due to track repairs made balancing work and family responsibilities increasingly difficult. This led her to conceptualize “the squeeze,” a
