Britain’s economy is stuck in a growth “doom loop,” according to the U.K.’s Institute for Public Policy Research, due to decades of underinvestment by the government and corporations. According to recent data from a left-leaning think tank, the U.K. has… Read More ›
Economy & Finance
The Goal Of Macron’s Paris Meeting Is To Revive The Global Finance Agenda
On Thursday and Friday this week, a summit is being hosted by French President Emmanuel Macron to lay out a plan for reducing the debt loads of low-income nations while freeing up more money for climate spending. In order to… Read More ›
IMF Developing Platform For Global Central Banks’ Digital Currencies
According to IMF Managing Director Kristalina Georgieva, the IMF is developing a framework for central bank digital currencies (CDBCs) to promote trade between nations. “CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need… Read More ›
More Countries Are Affected By The Continued Toxic Syrup Risk, Claims The WHO
Toxic cough syrups continue to represent a hazard on a worldwide scale, the World Health Organisation (WHO) told Reuters, adding that it is now collaborating with six more nations than previously disclosed to track the potentially lethal children’s medications. After… Read More ›
VW Perfects The Dry-Coating Battery Process, Which Might Lower Cell Costs
According to Volkswagen’s battery boss, the company has perfected a dry coating battery manufacturing technique that, if scaled up, could reduce the cost of cell production by hundreds of millions of euros annually. The automaker claimed that it and the… Read More ›
JLR Uses AI From Everstream Analytics To Avoid Supply Chain Issues
JLR said on Monday that it has teamed up with supply chain mapping and risk analytics company Everstream Analytics. This partnership will integrate artificial intelligence into the system of the British luxury carmaker to help prevent future troubles with the… Read More ›
Ford Chairman Says The US Can’t Yet Match China In The EV Sector
Bill Ford, the executive chairman of Ford Motor, claimed that the United States wasn’t yet prepared to compete with China in the manufacture of electric cars. “They developed very quickly, and they developed them in large scale. And now they’re… Read More ›
EV Startups Are Expected To Continue Their Explosive Rally
On Friday, electric vehicle startups Nikola and Lordstown Motors were poised to continue a ferocious share surge that had placed the cash-strapped businesses on course for substantial weekly gains. Since there has been no clear news or catalyst for the… Read More ›
Tesla’s China Growth Encounters A Roadblock Due To Oversupply In The Sector
The approval of China to develop 70 hectares (172 acres) of former farmland that is currently overrun with wildflowers is crucial to Tesla’s ambitious aim to increase auto production in Shanghai, its most valued facility internationally. Tesla may now be… Read More ›
The EU Must Reduce Greenhouse Gas Emissions By 90 To 95% By 2040, According To Experts
As Brussels sets a new objective to reduce Europe’s contribution to climate change, official experts suggested that the European Union should pledge to reduce its net greenhouse gas emissions by as much as 95% by 2040. The third-largest economy in… Read More ›