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Updated by Economic Insider on Feb 27, 2023
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Cases of Covid Gravely Affect Seniors - Economic Insider

The United States has since relaxed Covid restrictions in light of widespread vaccination efforts. So while there has been another surge in Covid cases in recent months, the number is just a small fraction of the past surges over the past years. However, this time, senior citizens are among the most afflicted.

There May be Months of Train Strikes to Come - Economic Insider

Mick Lynch said that the RMT union, which started its latest round of walkouts on Tuesday, has the power to take action until May and may “go further.”

Website at https://economicinsider.com/uk-pm-liz-truss-says-administration-will-push-through-with-plan-amid-criticisms/

In an effort to relieve the burden businesses are now under in the wake of the energy crisis, the government would drastically reduce the taxes that firms pay under the program.

McDonald's Told Staff to Prepare for Layoffs

With 75% of its corporate offices located outside of the United States, McDonald's employs about 200,000 employees in its corporate and owned locations.

The CEO of the company also announced the termination of some initiatives.

The company did not outline the extent of the suggested employment cuts or which projects would be impacted.

However, Mr. Kempczinski asserted that he had no exact amount of cuts in mind during an interview with the Wall Street Journal.

Court Rules Adidas Loses Trademark Row Over Stripes - Economic Insider

Adidas: The sportswear firm argued that the four stripes of the luxury brand Thom Browne Inc were too similar to its three stripes.

Microsoft set to cut 10,000 jobs - Economic Insider

It will affect about 5% of the company’s employees worldwide and cost the company $1.2 billion (£972 million) in layoffs and reorganization costs.
Microsoft will cut 10,000 jobs as part of the latest round of job cuts in the tech industry.

It will affect about 5% of the company’s employees worldwide and cost the company $1.2 billion (£972 million) in layoffs and reorganization costs.

FTX: New CEO to Bring Back Collapsed Firm - Economic Insider

Cryptocurrency exchange that didn’t work The new CEO of FTX, John Ray, is looking into how the platform can be brought back to life.

Green trade war: The US and the UK at war - Economic Insider

The Inflation Reduction Act that the U.S. Congress passed last summer was a good idea. People who buy electric vehicles and other products that are good for the environment got tax breaks worth billions of dollars because of the act. This was done to improve the United States’ green economy and fight climate change.

Plane tickets prices went up by 44% - Economic Insider

According to official numbers, plane tickets prices went up 44.1% in the year leading up to December. This is the largest jump since the late 1980s.

Adani Enterprises pulls plug on share sale - Economic Insider

The leading company of the Adani Group said that the $2.5 billion (£2 billion) raised from the sale would be given back to investors after the shares dropped 26%.

Unique Property Investment Techniques

However, the current economic environment, characterized by rising prices, increasing debt levels, stagnant wage growth, and broader economic challenges, presents a significant obstacle to achieving financial stability and security.

A request for assistance is made by Pakistan to the IMF

On Thursday, an IMF team will leave the country after ten days of talks with the government. The goal of the discussions was to get important international funds freed up.

In January, the annual inflation rate in Pakistan jumped to more than 27%, the highest it has been since 1975. In this important election year, people are increasingly worried about the economy.

Join the Ghosts of the 1920s at the Escape Hotel: A Unique Experience That Can’t Be Missed

The Haunted Hotel spellbinding success is attributed to its unique approach to escape room adventures.

Adani Group is being probed by SEBI - Economic Insider

India’s markets watchdog SEBI has confirmed that it is looking into the claims made by Hindenburg Research against companies owned by multibillionaire Gautam Adani.

Why the UK economy is lagging behind - Economic Insider

The International Monetary Fund (IMF) thinks the UK economy will shrink this year while all other major economies will grow.

Northern Ireland Protocol explained - Economic Insider

During talks about Brexit, a trade agreement called the Northern Ireland Protocol was made. It means goods can move across Ireland’s land border without being checked.

Qantas: Post-COVID profits soar - Economic Insider

Qantas said that it made more than A$1.4 billion in profits in the first half of the year. From last year, this is a big change.