Global Unrest: Hong Kong Protests, Chinese Tariffs, US Near Recession and More!
Hong Kong-based Cathay Pacific Airways has been caught up in the fallout of ongoing pro-democracy protests in the semi-autonomous Chinese city. Hundreds of flights were canceled this week because of protests at Hong Kong International Airport, and the airline has threatened to fire employees who take part in the demonstrations. It was announced Friday that the company's CEO Rupert Hogg and Chief Commercial Officer Paul Loo are resigning. The airline's stock has fallen almost 24% since April. What’s going on in Hong Kong and why?
