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Boeing is facing a new backlash as the U.S FAA confirmed its 737 MAX planes would have to stay grounded longer than planned in order to fix the CMAS' glitch on its plane's software that caused the death of more than 300 people this year.
Huawei is undergoing serious losses a year after the US-China trade war started. On top of this, expanded tariffs to more than $300 billion goods will likely only worsen its financial results for the year, analysts reported.
With a new age of data collection, it seems that capitalism is entering a new era where users lack of privacy protection, while their data is monetized. A new kind of economy called “surveillance capitalism”.
Africa has the biggest number of Chinese manufactured smartphone owners in the world. While the US-China trade war escalates, experts consider it is only a matter of time before the United States pressure Africa to switch its preferences.
According to specialists, a "Trump recession" is on its way. From a ban to Huawei products to Canada's recession, it seems that the U.S trade decisions might have consequences on the world's economical health.