Volvo cars CEO sees trade dispute as ‘Bigger’ future threat
20 June 2018 |
3:33 pm
Hakan Samuelsson, president and chief executive officer at Volvo Cars, discusses the opening of the automaker's new factory in South Carolina and his concerns over the growing trade dispute between the U.S., China, and Europe.
Related
2 days ago
Nigerian artist Sly Megida has been using cryptocurrency platforms to sell his pieces after COVID-19 lockdowns and fluctations in the naira's value forced him to reconfigure his business. Nigeria's Central Bank barred local banks from working with cryptocurrencies in February, warning of "severe regulatory sanctions" and freezing accounts of firms it says are using them.
4 days ago
The revision comes as the post-pandemic recovery falters in advanced economies, including the US and Germany. The IMF has kept its growth forecast for 2022 unchanged but has warned of "dangerous" divergent recoveries.
3 days ago
Flower Farm, nestled in the countryside of southern England, faces turmoil this winter as it contends with worker shortages that will leave it struggling to meet its Turkey orders this Christmas.
3 days ago
Less than a year since the EU and UK struck a post-Brexit deal, the sides are apparently preparing for a trade war. Tensions over the Northern Ireland Protocol have pushed things to the brink.
3 days ago
President Emmanuel Macron announces a plan worth 30 billion euros ($35 billion) to re-industrialise France, saying the country should reclaim its crown as a global leader in innovation. The spending was to address "a kind of growth deficit" for France brought on by insufficient investment in the past, he told an audience of company leaders and university students.
2 days ago
The European Commission is outlining a set of measures that would allow EU member states to keep fuel and electricity prices low.
2 days ago
India invested heavily in Afghanistan's development projects after the 2001 US invasion of the country. It is unclear what impact the Taliban's return to power will have on these projects.
2 days ago
Officials are scrambling to help clear supply chain backlogs, with two of the US's largest ports operating 24 hours per day as traffic jams of container ships wait offshore. Also, the IMF unveils a new mechanism for rich countries to lend or donate to poor nations, and Hollywood braces for the biggest crew strike since the 1940s.
1 day ago
Turkish President Recep Tayyip Erdogan had fired three central bankers via decree. Turkey's currency has lost a fifth of its value against the US dollar this year.
1 day ago
Migrants and asylum-seekers in eastern Poland say they have been illegally pushed back to neighboring Belarus multiple times without due asylum process. DW reports on the humanitarian crisis from the border region.
1 day ago
The family of former South African President Nelson Mandela is putting roughly 100 of his belongings up for auction to help fund a memorial garden in his honor, including some of his iconic shirts. It's the trademark clothing of an iconic leader and now Nelson Mandela's exuberant shirts are among around 100 of his possessions being put up for auction.
1 day ago
Taiwanese residents voice anguish and outrage after 46 people perished in an inferno that tore through a dilapidated housing block, as investigators searched for what sparked the island's deadliest fire in decades.
Latest
1 day ago
Here are a few reasons to pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on Saturday.
1 day ago
Exactly 34 years ago today, the charismatic Pan-Africanist and Burkina Faso's then President, Thomas Sankara, was shot dead aged 37 by soldiers during a coup on 15 October 1987. Four years before his assassination with 12 others, Sankara and his close friend, Blaise Compaoré, staged a coup that brought them to power. This is the story of how he shaped Burkina Faso decades after his assassination.
1 day ago
The ex-apartheid fighters locked the ministers in a hotel room after failed talks over a compensation deal. Police arrested a total of 56 people after the incident.
1 day ago
The tiny US town of Green Bank is home to the over six-decade-old Green Bank Observatory, which requires radio silence to be able to peer deep into space to observe stars and black holes. Cell phone service is effectively barred, but the West Virginia town is changing: not everyone agrees about what comes next for this seeming digital age refuge.
1 day ago
On Thursday, artist Lili Bernard filed a lawsuit against the 84-year-old comedian for an alleged hotel room encounter in 1990 after she met the actor while filming The Cosby Show.
1 day ago
While tourists have long been able to mingle freely unofficially at parties in and around Jeddah, known as Saudi Arabia's most open-minded city, Saudis were confined to single-sex beaches. But now, four years into a reform drive aimed at improving the country's image and creating new opportunities for its oil-reliant economy, they are enjoying more freedoms.