economic uncertainty
Volkswagen ends employment guarantees
Volkswagen Scraps Decades-Old German Job Security Pact Volkswagen, Europe’s top carmaker, has announced the cancellation of several labor agreements, including a guarantee of jobs until 2029 at six German plants. This move is part of the company’s cost-cutting drive as it struggles to compete against cheaper Asian rivals and adapt to the changing automotive landscape.The decision […]
World Geopolitical Recession: An In-Depth Analysis
In a recent interview at the ET World Leaders Forum, renowned economist Nouriel Roubini articulated a sobering perspective on the current state of global affairs, coining the term “geopolitical recession.” This concept highlights the increasing instability and risks posed by geopolitical events, which, while not necessarily leading to a global economic depression, significantly threaten market […]