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Tuesday, October 9, 2018

Volkswagen furloughs workers in Brazil as demand from depressed Argentina weakens

Volkswagen's Brazil operation is putting workers on a 20-day furlough, the company said on Monday, citing reduced demand from Argentina, which is undergoing an economic crisis that has derailed growth and slashed spending power.


from Reuters: Business News https://ift.tt/2yjrGai

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US holds rates steady despite economy fears

The US central bank warns that economic uncertainty has "increased". from BBC News https://ift.tt/V0ZjlF8