Week in Review: Sears, Immigration, and Brexit
Photo from Chicago Business
This Week in Review was written by Senior Editor Jake Whitfield.
1. Sears has announced that they are closing 142 stores as a result of their bankruptcy, which was finalized this week. Their bankruptcy comes with little surprise, as their profits have continually disappointed over the past decade. This follows the trend of brick and mortal retailers facing the challenges of an increasingly digital world. Sears, similar to Toys-R-Us, was unable to adapt to the evolving market and faced the harsh realities of the competitive nature of the U.S. economy. You can read more here.
2. Four thousand Honduran immigrants have been traveling north towards the United States, setting President Donald Trump on a mission to prevent their entry. President Trump threatened that the military would be sent to the border to prevent entry before asking Mexico to stop the immigrants from crossing their border. Law Enforcement in Mexico have been sent to intercept the caravan. So far, this appears as another win for President Trump leading up to the midterms election. GOP voters have shown that immigration is one of their most important issues.
3. The Prime Minister of the UK, Teresa May, has continued her negotiations on behalf her country in their exit from the European Union. The latest development is that nothing has developed. The UK and EU continue to be deadlocked in negotiation with no improvements other than an extended transition period. This summer was two years after the referendum which began the UK’s exit, and five months since May’s March 2018 deadline. It will be interesting to see how much longer parliament will allow May to negotiate without any clear developments. You can read more here.
4. North Park has begun to respond to the Kavanaugh hearings. One of North Park’s newest student organizations, Women in Stem, hosted a discussion on “What We Do Now” following the testimony of and response to Dr. Blasey Ford. Brandel Library is hosting a discussion next month. Vista will be there to follow that discussion.
