#economic downturn

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#economic-downturn

Botswana's ruling party loses power after six decades, early results show

The Botswana Democratic Party (BDP) suffered a major election defeat after nearly 60 years in power, losing its parliamentary majority.

Dropbox is laying off 20 percent of its workforce

Dropbox is laying off 20% of its workforce due to slowing demand and organizational complexity.

Budget brands are winning in China as people turn to cheap food and fashion

China's economic downturn has led consumers to seek wallet-friendly options, benefiting companies like Saizeriya that offer budget-friendly food.

A 65,000-square-foot waterfront mansion, believed to be Canada's largest home, has been abandoned for over 15 years. Take a look inside.

The Peter Grant mansion, Canada's largest home, has been abandoned for over a decade and may soon be featured in a reality show.

LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout

Bernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump.

4 Strategies to Achieve Market Dominance, Even During a Downturn | Entrepreneur

In economic downturns, businesses should pivot to invest strategically in growth opportunities rather than scaling back.

Botswana's ruling party loses power after six decades, early results show

The Botswana Democratic Party (BDP) suffered a major election defeat after nearly 60 years in power, losing its parliamentary majority.

Dropbox is laying off 20 percent of its workforce

Dropbox is laying off 20% of its workforce due to slowing demand and organizational complexity.

Budget brands are winning in China as people turn to cheap food and fashion

China's economic downturn has led consumers to seek wallet-friendly options, benefiting companies like Saizeriya that offer budget-friendly food.

A 65,000-square-foot waterfront mansion, believed to be Canada's largest home, has been abandoned for over 15 years. Take a look inside.

The Peter Grant mansion, Canada's largest home, has been abandoned for over a decade and may soon be featured in a reality show.

LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeout

Bernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump.

4 Strategies to Achieve Market Dominance, Even During a Downturn | Entrepreneur

In economic downturns, businesses should pivot to invest strategically in growth opportunities rather than scaling back.
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How to Safeguard Your Brand Against Economic Downturn

In times of economic downturn, marketing budgets are often the first to be cut.
Brands can build a safety net by investing in owned assets and using behavior data to connect with consumers.

California's revenue decline is reminiscent of the Great Recession, new report says

California is projected to have a $58 billion revenue shortfall over three fiscal years due to lower-than-expected tax payments.
The state's economy has been impacted by higher borrowing costs, reduced investment, and a slowdown in the housing market.

Good News About Biden's Meeting With the President of China

The meeting between Biden and Xi resulted in the resumption of communications between U.S. and Chinese military officers
Xi agreed to significantly reduce China's export of fentanyl
Xi attended a business dinner with over 300 U.S. business executives

Top Biglaw Firm Leaders Criticize Milbank's Money Moves

Law firms criticized for raising associate salaries during an economic downturn.
Critics argue that increasing salaries puts more pressure on associates and leads to increased billable hours.
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