July Current Affairs 2019 Question Paper 100 Marks
Dear Students, Today here we are upload July Current Affairs 2019 Question Paper 100 Marks, Current affairs 2019 Q&A for competitive exams UPSC, TNPSC, IAS, RRB and Latest Current Affairs 2019 for banking exams IBPS PO Clerk, SBI, RBI and more. Read this beneficial Current Affairs 2019.
WASHINGTON, UNITED STATES:
IKEA said it will close its only US factory at the end of the year, cutting 300 jobs, as it will be more cost effective to make the products in Europe and import them.
The global big-box furniture store, known for its Swedish meatballs and sometimes incomprehensible assembly instructions, said raw material costs were too high compared to plants in Europe meaning prices at the plant in the southern Virginia town of Danville were “significantly higher.”
“We made every effort to improve and maintain the competitiveness of this plant, but unfortunately the right cost conditions are not in place to continue production in Danville, VA for the long-term,” Bert Eades, the company’s site manager, said in a statement last week.
The factory, which opened in 2008 to produce wood shelves and storage units for the US and Canadian markets, will close in December.
“We will do everything we can in the coming months to support our co-workers through this change as they look for new jobs and training opportunities,” Eades said.
IKEA, which has production units at 24 sites in nine countries, with about 20,000 workers, said it will work with labor representatives and US agencies to provide job search assistance.
The Trump administration moved Monday to declare ineligible for asylum most migrants who cross the US southern border after passing through Mexico.
A new rule redefining asylum eligibility — to take effect on Tuesday — is the latest attempt to stem the flow of undocumented migrants into the country, and comes with the White House frustrated at Congress’s failure to toughen immigration laws.
Cracking down on migration has been a signature policy of President Donald Trump.
“The United States is a generous country but is being completely overwhelmed by the burdens associated with apprehending and processing hundreds of thousands of aliens along the southern border,” Attorney General Bill Barr said in a statement.
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