Turkey slaps counter-tariffs in US products, responds to trade wars

Facebook Twitter LinkedIn Email Reddit WhatsAppAfter being hit by U.S. tariffs as part of the current ongoing trade wars with European countries and China, Turkey has responded to the Trump administration’s measures with retaliatory tariffs. The implanted measures affect 1.8$ billion dollars worth of products, which would represent a set of 266.50$ in tariffs. According to the WHO, the affected products include rice, tobacco, paper and coal. The Turkish tariffs, which are between 5% and 40% of the product’s cost, are a response to the 25% and 10% tariffs implemented…

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Steel manufacturer invests in new factory following Trump tariffs

Facebook Twitter LinkedIn Email Reddit WhatsAppIn March, President Trump imposed a 25% tariff on imported steel, hoping to bolster US manufacturing. JSW Steel USA may finally be the saving grace to his policy, as it invests $500 million in a new US manufacturing plant. The Indian-owned company will not only invest half a billion dollars in the new factory, but it will also allocate another $500 million to revamp one of its old US factories in Baytown, Texas. The new factory will be an Acero Junction factory in Mingo Junction,…

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MoviePass will sell bonds to help its survival

Facebook Twitter LinkedIn Email Reddit WhatsAppIn order to help its subsidiary survive, Helios and Matheson unraveled a $164 million bond sale for MoviePass. MoviePass, a company that allows customers to see a movie a day for just $10 a month, has struggled significantly since Helios and Matheson purchased it in 2017. Although MoviePass has three million customers, the company faces significant long-term dangers. Further, after its Q1 reporting, MoviePass revealed that it has roughly $15.5 million in cash and $28 million in bank deposits. However, its monthly expenses value at…

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Why is ABC Doing A Roseanne Spinoff Without Roseanne?

Facebook Twitter LinkedIn Email Reddit WhatsAppABC announced on Thursday, a Roseanne spinoff that won’t feature Roseanne Barr. Last month, the Roseanne reboot that premiered in March with 18 million viewers and ended its revival season in May was canceled after Barr posted a racist tweet. It was going to have a second season (not anymore). The decision didn’t seem rash for it seems Barr’s Twitter page was heated with controversy and her racist tweet was the boiling point. Many people who were a part of the show were going to…

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Exam Cheating in Algeria Leads to Internet Shut Down

Facebook Twitter LinkedIn Email Reddit WhatsAppAlgeria takes extreme measures to prevent academic cheating: shutting down internet access.  The Algerian government ordered this command for the next several days as students take their final exams. For a couple of hours per day, nobody in the country will be granted access to use the web. Algeria completely blocked social media outlets, like Facebook, for the duration of the exams. All these unnecessary measures are taking place, just because students are cheating.  In 2016, exam questions appeared online before the test. This lead…

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