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United States-based General Motors (NYSE: GM) and Ford Motor Company (NYSE: F) are planning for a possible economic downturn.
Reuters reported that Ford Chief Financial Officer Matt Fields said the company has saved a cash buffer of USD20 billion for a downturn event.
Aberdeen was hit by the oil downturn back in 2014, with thousands of workers in the north-east oil and gas industry losing their jobs.
Ireland's acting central bank chief has opined that the government needs to prepare for an economic downturn.
Though a recession is almost certain to take hold at some point, local experts say economic indicators don't suggest a significant downturn is on the horizon yet and that the best way to weather an economic downturn is to have a financial plan and stick to it.
"Investors think there is still some runway left, as much as two to five years before a downturn," said John Kempf, Senior Director.
Despite the seemingly positive direction of the economy today, Beaulieu is confident a downturn is headed our way based on a number of economic indicators.
Betz theorizes that may be because, despite the downturn in coal jobs, the overall U.S.
In general, recessions are linked with an overall decline in drinking, but heavy drinking increases, particularly among people affected by the economic downturn, said study author Mark Kaplan, a professor of social welfare at UCLA.
20 (BNA): Aluminium Bahrain B.S.C (Alba), one of the world's leading aluminium smelters, held a special workshop - 'Market Downturn' for its Executives, Directors and Managers on Wednesday, September 16, 2015 at the Oasis Hall.
On the eve of the downturn typical household incomes across the West Midlands were PS22,279.
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- downpipe shoe
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- Downtown Urban Theater Festival
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