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Korean War

Business this week Korean War

Business this week

After a few days of relative calm, stockmarkets were once again beset by volatile trading. Many global markets recorded their worst quarter since the start of the financial crisis in 2008. The S&P 500 fell by 20% over the three months; the Dow Jones Industrial Average was down by 23%.…
bubmag
April 2, 2020
Trump Forces GM, Which Was Already Going To Produce Ventilators, To Produce Ventilators Korean War

Trump Forces GM, Which Was Already Going To Produce Ventilators, To Produce Ventilators

Trump with GM CEO Mary BarraPhoto: APThis week’s drama over whether GM would produce ventilators to help fight the coronavirus pandemic came to a fittingly bizarre conclusion today, with GM saying it was working “around the clock” to make the ventilators and—a few hours after that—President Trump invoking the Defense…
bubmag
March 27, 2020
Defense Production Act could help amid coronavirus, even as Trump resists: experts Korean War

Defense Production Act could help amid coronavirus, even as Trump resists: experts

President Donald Trump's continued resistance to use his emergency powers to compel companies to produce medical supplies needed in the fight against the novel coronavirus has drawn a bipartisan chorus of criticism. Experts say it could jumpstart domestic production, though global constraints may limit how quickly it could make an…
bubmag
March 25, 2020