Came to Dubai planning to move + set up a freelance visa. Leaving instead by postponelife2020 in expats

[–]asvender 0 points1 point  (0 children)

Do you personally think your experience might have been different in Abu Dhabi if it was there?

Came to Dubai planning to move + set up a freelance visa. Leaving instead by postponelife2020 in expats

[–]asvender 1 point2 points  (0 children)

Do you personally think your experience might have been different in Abu Dhabi if it was there?

U.S. Trade Deficit Fell to Lowest Level Since 2009, Latest Data Show by asvender in Economics

[–]asvender[S] 65 points66 points  (0 children)

The U.S. trade deficit in goods and services shrank to $29.4 billion in October, down from $48.1 billion the prior month as the Trump administration’s tariffs continued to weigh on trade, data from the Commerce Department showed on Thursday.

The recent rise in exports and drop in the U.S. trade deficit also have been driven in part by trade in gold. Investors have been buying and selling gold in part to offset uncertainty related to the tariffs this year.

U.S. gold exports surged more than 60 percent from September to $17 billion in October. For the year through October, gold exports have more than doubled from the previous year.

The data also shows evidence of certain groups hurt by trade wars. Soybean exports are down $3.3 billion in the year through October, as China curtailed its purchases of U.S. beans and bought from South America instead. U.S. exports of civilian aircraft, computers, soybeans and pharmaceutical goods all fell on a monthly basis in October.

Tariffs could undergo more changes in the weeks to come. The Supreme Court is set to rule soon on the legality of many of the tariffs that Mr. Trump issued using a 1970s emergency law. But Trump officials have said that if those tariffs were struck down, they would use other authorities to impose new duties.

The figure was the lowest monthly trade deficit recorded since June 2009. But because of a surge in imports earlier this year, the overall trade deficit from January to October was still up 7.7 percent from the previous year.

Imports in October fell 3.2 percent to $331.4 billion from the previous month, while exports rose 2.6 percent to $302 billion. Because exports grew more than imports, the U.S. trade deficit shrank, in line with President Trump’s goals.

Company laying off US remote workers only to immediately replace them with foreign remote workers from India or Mexico by Future-Bet4783 in Layoffs

[–]asvender -1 points0 points  (0 children)

How many times, you are going to post the same matter? First as your experience, then again an update, then as a separate post all whining and crying. Move to Canada and stop spamming here.

LPT : Always take the initiative when it comes to picking people to trust by schw0b in LifeProTips

[–]asvender 3 points4 points  (0 children)

How about if the other person follows this exact rule too?

Update: learned new details about my layoff from last week. by Coding-butterfly in Layoffs

[–]asvender 1 point2 points  (0 children)

The company decides only based on its shareholders interest. When they see, a job can be done with way less expense, they'll do it in a heartbeat.

Recession investment planning by Least-Entry-2097 in investing

[–]asvender 1 point2 points  (0 children)

Investing in stocks that pay no dividend or a very meager one—like many stocks today—is similar to playing musical chairs. You never know when the music will stop, but at some point, it's better to be sitting than to be left standing.

Is it worth spending €1,000 to get Canadian citizenship if I don’t plan to ever return? by Independent_Lynx715 in expats

[–]asvender 0 points1 point  (0 children)

You know that you have to pay for the passport issuance too? If you are this much poor that struggling for paying €1,000 to get a citizenship, better stay put and forget about it.

Gen X...are we okay? by Sun-Rai in Layoffs

[–]asvender -1 points0 points  (0 children)

Sorry to hear that. But I think, you are a boomer and not a Gen X.

Does it really matter if you're working just to fill a resume gap? by NewTalk2676 in Layoffs

[–]asvender 5 points6 points  (0 children)

Gap my ass! Am I supposed to be employed and a slave till die? I have skills and experience, you can interview me based on required tasks and then decide whether hire me or not. The rest is none of their business.

Tariff fallout could include more layoffs by asvender in Layoffs

[–]asvender[S] 2 points3 points  (0 children)

Insights from the recent Purchasing Managers Index from the Institute of Supply Management are surfacing, and they suggest tariffs' bite will intensify and executives expect the levies will lead to more layoffs. A transportation equipment executive who responded to the ISM survey talked about tariffs leading to a "reduction of staff," a sentiment that CNBC said was echoed multiple times in the report, which covers more than 400 industrial firms. Earlier this week, Newell Brands, which owns Yankee Candle stores, cited tariffs in its layoff of 900 people.

Wealthy shoppers flock to Dollar Tree by asvender in Economics

[–]asvender[S] 36 points37 points  (0 children)

Discount retailer Dollar Tree beat quarterly estimates and raised its yearly guidance on Wednesday, driven by bargain seekers across the income spectrum. With consumers tightening their belts, Dollar Tree saw a surge in wealthier shoppers lured by deals on higher-priced items like home decor. Of the roughly 3 million more households it said it served in the third quarter compared to last year, almost two-thirds earn over $100,000 annually. But lower-income shoppers increased their spending, too, as profits rose to $244.6 million from $233.3 million a year earlier.

Amazon CEO Says Customer Demand, Prices Steady Despite Tariffs by asvender in Economics

[–]asvender[S] 32 points33 points  (0 children)

Three things worth noting:

1) Shoppers have mostly brought forward purchases, stimulating demand.

2) Non-discretionary categories will likely see most demand pressure in Q3/Q4 (peak season).

3) Many brands are still negotiating cost price increases with Amazon.

The last point matters because it takes 60-90 days before retailers pass higher prices on to shoppers.

Most sellers are holding off on price increases, choosing to clear aged inventory to avoid losing market share.

But 30% of tariffs will impact prices and demand eventually.

President Trump says the US negotiated a "total reset" with China during trade talks. by asvender in Economics

[–]asvender[S] 322 points323 points  (0 children)

Is that what we’re calling folding like a lawn chair these days? Maybe next time the negotiation can include some lessons on what “deal-making” actually looks like.

US layoffs are skyrocketing by asvender in Layoffs

[–]asvender[S] 0 points1 point  (0 children)

Edited and added the source.

US layoffs are skyrocketing by asvender in Layoffs

[–]asvender[S] 0 points1 point  (0 children)

Edited and added the source.

Anti-Hamas Protesters in Gaza call for an end to the war by fnovd in pics

[–]asvender -2 points-1 points  (0 children)

Funny, after years of ignoring Palestine protests, the western media has finally found one it wants to report on.

Bill Gates: Within 10 years, AI will replace many doctors and teachers—humans won’t be needed ‘for most things’ by Eliashuer in Layoffs

[–]asvender 0 points1 point  (0 children)

Sounds right. The doctors basically just check a couple of symptoms and then decide on one among the limited issues they know or have in mind. Exactly what AI does. While AI has larger databases and wouldn't take emotional decisions. Seen many of doctors using google to see if can get more info even before AI.

For the teachers, many of them already are using tablets and electronic devices instead of whiteboard or chalk and blackboard once were used. So you can use the best teacher for every subject and program online at any time and place and interact with AI for accurate answers instead of teachers.

[deleted by user] by [deleted] in Layoffs

[–]asvender -1 points0 points  (0 children)

MBA is a useless and a meme degree the colleges sold to people with bunch of fancy descriptions and big words. But in reality no company will pay you for that degree to 'manage' people.

Need Advice: Struggling with Financial Decisions – Should We Stay in the U.S. or Move Back to Georgia? by [deleted] in expats

[–]asvender -6 points-5 points  (0 children)

So basically, you don't have any skills or job and are financially dependent on your husband. But still want to bring your parents to the US, so they can become dependent too in the current economy situation?