U.S.

Visualized: 40 Years of Automobile Recalls in the U.S.

In early February 2023, Honda issued a “Do Not Drive” warning for around 8,200 older cars equipped with the infamous Takata airbags.

These faulty airbags, installed by 19 different automakers including BMW and Toyota from 2002 to 2015, can explode when deployed and have led to numerous tragic accidents. Their recall affected 67 million airbags (including Honda’s vehicles above) and has been known as the largest safety recall in U.S. history.

Authored by Komal Sri-Kumar via Bloomberg.com,

Donald Trump’s appeal last November was linked to two factors. Both are now putting the valuation bubble in equities at risk.

In the latest warning from the White House that it is set to unleash trade policy that will be in sharp conflict with generally accepted trade norms, most likely a reference to some form of Border Adjustment Tax, the Trump administration has warned that the U.S. isn't and won't bound by decisions made at the World Trade Organization, in outlining a new trade agenda that "promises to root out unfair practices by foreign countries" and to escalate what are already simmering trade conflicts.

Donald Trump has announced plans to a withdraw the U.S. from the Trans Pacific Partnership (TPP) on his first day in office, by signing an executive order.  The President-Elect published a video on Monday saying that his very first job as President will be to issue a notification of intent to withdraw from the TPP, and thus void Obama’s “free-trade legacy”.