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Allan Leibowitz introduces news edition #934

Thursday, 1 August 2019 ( #934 )
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
This week's decision by the US Federal Reserve to cut interest rates for the first time since the 2008 financial crisis is a sign that governments are concerned about a slow-down. In the US, the fear centres around the impacts of the ongoing US-China trade war, which has already taken a toll on the forklift market. The Fed move is also an attempt to address broader concerns about the global economy stoked by the uncertainty surrounding Brexit. These developments make an interesting backdrop for the current round of financial reports from the major materials handling manufacturers, many of which are expected to downgrade their profit projections.

Fact of the week

Did you know that in Hong Kong, a betrayed wife is legally allowed to kill her adulterous husband? Although she may only do this with her bare hands.
A New Zealand Festival Turns Detritus Into Offbeat Art
Every January, the windswept coast of Hokitika is bedecked with colorful pennants marking the beginning of the Driftwood & Sand festival.

Fact of the week

Did you know that in Hong Kong, a betrayed wife is legally allowed to kill her adulterous husband? Although she may only do this with her bare hands.
A New Zealand Festival Turns Detritus Into Offbeat Art
Every January, the windswept coast of Hokitika is bedecked with colorful pennants marking the beginning of the Driftwood & Sand festival.

Fact of the week

Did you know that in Hong Kong, a betrayed wife is legally allowed to kill her adulterous husband? Although she may only do this with her bare hands.
A New Zealand Festival Turns Detritus Into Offbeat Art
Every January, the windswept coast of Hokitika is bedecked with colorful pennants marking the beginning of the Driftwood & Sand festival.