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$5 trillion: Is the US electricity grid ready for the coming EV boom?: US faces trillions-dollar grid investment challenge, study shows
gulfnews.com/special-reports/5-trillion-is-the-us-electricity-grid-ready-for-the-coming-ev-boom-1.1725453814869
TSMC’s Energy Demand Drives Taiwan’s Geopolitical Future: For TSMC to keep its customers, Taiwan must add green energy fast
spectrum.ieee.org/tsmc-energy-choices
The Improving Economics and Worsening Geopolitics of Clean Energy | by Daniel Gros - Project Syndicate
project-syndicate.org/commentary/clean-energy-improving-economics-worsening-geopolitics-by-daniel-gros-2024-09
Silver: This is why a price increase is almost unavoidable: By 2050 the solar industry could consume almost 100% of the silver supply, with China as the main ...
deraktionaer.de/artikel/gold-rohstoffe/silber-darum-ist-ein-preisanstieg-fast-unvermeidbar-20365414.html
VP Alupo woos Chinese investors: Alupo made the remarks on September 3, 2024, while meeting a delegation from China Henan International Co-operation Group ...
newvision.co.ug/articledetails/NV_195155
Huawei seeks to steal spotlight from Apple with launch of US$2,800 tri-fold smartphone
cnalifestyle.channelnewsasia.com/living/huawei-mate-xt-tri-fold-phone-apple-iphone-16-launch-406201
Quick Glance: Huawei Launches Eye-Catching Tri-Fold Smartphone
- Huawei Technologies unveiled a tri-fold smartphone priced at $2,800 on September 10, aiming to strengthen its market position in China.
- The Mate XT, which can fold in three ways, has already received over 3.6 million pre-orders and will be available starting September 20.
- The launch came shortly after Apple's iPhone 16 announcement, during a time of declining sales for Apple in China, while Huawei increased its share in the foldable phone market.
- With a 27.5 percent market share in foldable smartphones, Huawei surpassed Samsung, solidifying its leading position in China.
VW Turns on Germany as China Targets Europe’s EV Blunders: Losing ground in the race to produce electric vehicles, German and French carmakers are heading toward ...
trib.al/1xrXru8
Quick Glance: VW Considers Factory Closures Amid EV Challenges
- Volkswagen AG is contemplating factory closures in Germany for the first time, reflecting the deep issues within the European auto industry.
- This shift is driven by overcapacity and increasing competition from Chinese manufacturers and Tesla in the electric vehicle sector.
- The situation is exacerbated by stagnant sales and declining margins, threatening Germany's competitiveness as a business location.
- Potential closures could have significant repercussions for local communities and employment, highlighting the urgent need for strategic reevaluation.
In Welcoming Putin, Mongolia Prioritizes National Interest Over Russia’s War With Ukraine
thediplomat.com/2024/09/in-welcoming-putin-mongolia-prioritizes-national-interest-over-russias-war-with-ukraine/
PM Anwar Says Malaysia Will Not Halt Oil and Gas Exploration in South China Sea: The PM's comments came after the publication of a leaked Chinese diplomatic note ...
thediplomat.com/2024/09/pm-anwar-says-malaysia-will-not-halt-oil-and-gas-exploration-in-south-china-sea/
Quick Glance: Malaysia Defies China's Pressure on Exploration Activities
- Prime Minister Anwar Ibrahim affirmed that Malaysia will continue its oil and gas exploration in the South China Sea despite a leaked Chinese diplomatic note demanding otherwise.
- China expressed concerns regarding Malaysia's activities near the Luconia Shoals, accusing Kuala Lumpur of infringing on Chinese territory.
- Anwar emphasized that Malaysia has been exploring oil and gas in its waters since 1974 and will defend its sovereignty in disputed regions.
- The increasing Chinese presence in Malaysia's exclusive economic zone raises the potential for direct confrontation, as Malaysia attempts to keep maritime disputes separate from other facets of bilateral relations.
Shock Wave: How the Electric Grid Will Prepare for Mass EV Adoption: More EVs and a growing demand for power will require upgrades to the grid ...
motortrend.com/features/electrical-grid-evs-updates-challenges-new-technology/
What's next: Curbside EV chargers powered by the sun: The 40-foot towers replace streetlights
axios.com/2024/09/09/curbside-electric-vehicle-chargers-solar-polar
Quick Glance: New Solar-Powered EV Charging Stations Unveiled
- Beam Global is introducing a groundbreaking EV charging system that utilizes existing streetlight infrastructure powered by solar and wind energy.
- The system reduces the need for disruptive construction and offers convenient charging in public spaces, although some communities may find the 40-foot towers visually intrusive.
- BeamSpot poles utilize existing grid connections to store a mix of solar, wind, and grid power for LED lighting and slow EV charging.
- While the charging speeds are relatively low, sufficient for daily ranges of around 30 miles, alternative high-powered charging solutions are also being proposed for urban areas.
Japan Inc. Sours on China After Long Years of Brushing Off Risks: Japanese companies are increasingly abandoning an approach to business in China that once ...
bloomberg.com/news/articles/2024-09-08/japan-inc-sours-on-china-after-long-years-of-brushing-off-risks
VW: The works council should rather help Volkswagen to reduce costs: The Volkswagen works council must not object if factories have to be closed ...
wiwo.de/unternehmen/auto/volkswagen-krise-der-betriebsrat-sollte-vw-lieber-helfen-die-kosten-zu-druecken/29977012.html
Quick Glance: VW Management Defends Cost-Cutting Amid Employee Outcry
- The VW leadership defended its cost-cutting measures at a workforce meeting, where employees voiced strong protests.
- Production overcapacities were identified, as sales in Europe have significantly declined, with plant closures and layoffs not ruled out.
- Works council chair Daniela Cavallo announced fierce opposition to the proposed measures and called for a return to technological leadership.
- Federal Labor Minister Hubertus Heil emphasized the need to secure all locations and called for negotiations to address VW's economic challenges.
China exports remain robust in August while imports soften : HONG KONG -- China's exports expanded for the fifth straight month in August ...
asia.nikkei.com/Economy/Trade/China-exports-remain-robust-in-August-while-imports-soften
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Apple unveils iPhone 16, but AI unavailable in Japanese, Chinese till 2025: PALO ALTO, California -- Apple introduced its first AI-powered iPhone on Monday ...
asia.nikkei.com/Business/Technology/Apple-unveils-iPhone-16-but-AI-unavailable-in-Japanese-Chinese-till-2025
Apple's iPhone 16 will put AI features in focus: Apple on Monday unveiled its long-awaited, artificial intelligence-boosted iPhone 16 along with AirPods with ...
reuters.com/technology/artificial-intelligence/apples-iphone-16-will-put-ai-features-focus-2024-09-09/
Quick Glance: New iPhones and Apple Watches Featuring AI Unveiled
- Apple introduced the iPhone 16, featuring four models and the new AI system Apple Intelligence, which enhances message sorting and Siri functionality.
- The Apple Watch Series 10 was also launched, boasting a larger, brighter display and thinner design, alongside new AirPods Pro that reduce noise.
- The iPhone 16 is priced starting at $799 and will be available on September 20.
- Apple plans to roll out AI capabilities in additional countries, facing challenges related to regional customization and data localization.
Mario Draghi calls for €800bn EU investment boost: Former Italian premier demands ‘new industrial strategy’ to stop Europe falling behind US and China
ft.com/content/92f7aedd-67fa-488f-8559-7019b7c2e40a
Quick Glance: Draghi Calls for €800bn EU Investment Surge
- Mario Draghi advocates for a new industrial strategy in Europe, requiring annual investments of €800 billion to keep pace with the US and China.
- Key proposals include relaxing competition rules, market integration, and a new trade agenda to boost the EU's economic independence.
- Draghi warns that without significant new investments, Europe's competitiveness will decline, risking a drop in living standards.
- He calls for a radical overhaul of competition and energy policies to advance common European projects and reduce dependence on fossil fuels.
China's chip capabilities just 3 years behind TSMC, teardown shows: TOKYO -- An analysis of China's current semiconductor technology revealed that the ...
asia.nikkei.com/Business/Tech/Semiconductors/China-s-chip-capabilities-just-3-years-behind-TSMC-teardown-shows
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Quick Glance: China's Chips: Just Three Years Behind TSMC
- An analysis reveals that China's semiconductor technology is only three years behind that of TSMC.
- U.S. export restrictions have encouraged China to strive for self-sufficiency in chip production.
- Hiroharu Shimizu from TechanaLye discusses advancements in China's semiconductor capabilities.
- The U.S. efforts to curb China's progress in advanced chips have shown limited effectiveness.
China’s $6.5 Trillion Stock Rout Worsens Economic Peril for Xi: A deepening selloff in Chinese stocks is exacerbating a crisis of confidence in the world’s ...
bloomberg.com/news/articles/2024-09-10/china-s-6-5-trillion-stock-rout-worsens-economic-peril-for-xi
Trump 'has a lot on his plate', misunderstands Taiwan's chip role, minister says: Former U.S. President Donald Trump "has a lot on his plate" and misunderstands ...
reuters.com/world/asia-pacific/trump-has-lot-his-plate-misunderstands-taiwans-chip-role-minister-says-2024-09-02/
Quick Glance: Trump Misunderstands Taiwan's Role in Semiconductor Industry
- Former US President Donald Trump has a lot on his plate and misunderstands Taiwan's role in the semiconductor industry, according to Taiwan's Economy Minister Kuo Jyh-huei.
- Trump's comments about Taiwan needing to pay for defense and stealing US semiconductor business negatively impacted TSMC's stock.
- Kuo rejected these claims, stating that Taiwan complements the US chip industry rather than stealing from it.
- TSMC is investing billions in new factories, particularly in Arizona, to strengthen the US semiconductor supply chain.
Trump is more locked in on tariffs than ever before: A new Trump administration would likely rely even more heavily than the first on tariffs as a policy tool ...
axios.com/2024/09/09/trump-tariffs-policy-plan
After 30 years, China’s BeiDou is a GPS rival. Will the world enter its orbit?: In the more than 30 years since the Chinese ship Yinhe was stranded in ...
scmp.com/economy/china-economy/article/3277511/after-30-years-chinas-beidou-gps-rival-will-world-enter-its-orbit
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Chinese Stocks on Verge of Five-Year Low as Economic Recovery Hopes Fade: Chinese stocks are on the brink of falling to a five-year low seen in February as ...
bloomberg.com/news/articles/2024-09-09/chinese-stocks-on-verge-of-five-year-low-as-recovery-hopes-fade
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Oil prices hold at 14-month low as demand worries offset big US storage withdrawal
reuters.com/business/energy/oil-steady-investors-weigh-weak-demand-potential-delay-opec-output-hike-2024-09-05/
China urged to spend up to $1.4tn to battle deflation: Estimates underline scale of challenge facing Beijing as it seeks to reboot economy
ft.com/content/a4821d26-784f-46cc-8286-19c7afdb2ed1
China’s Exports Jump to Two-Year High in Rare Boost for Economy: China’s exports unexpectedly accelerated in August, reaching their highest value in nearly two ...
bloomberg.com/news/articles/2024-09-10/china-s-exports-beat-estimates-in-rare-bright-spot-for-economy
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Volkswagen: These are the tasks facing VW boss Oliver Blume: Crash in China, technically weak, costs out of control - | and too little money for innovations ...
wiwo.de/my/unternehmen/auto/volkswagen-die-chinatuenche-ist-ab-wie-vw-derart-in-probleme-geraten-konnte/29977288.html
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China’s Deflationary Spiral Is Now Entering Dangerous New Stage: Deflation stalking China since last year is now showing signs of spiraling ...
bloomberg.com/news/articles/2024-09-09/china-s-deflationary-spiral-is-now-entering-dangerous-new-stage
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China’s Xi’s promises one million jobs for Africa: Xi pledges $51bn in new financing for African countries at Forum on China-Africa Cooperation.
aljazeera.com/economy/2024/9/5/chinas-xis-promises-one-million-jobs-for-africa
Quick Glance: Xi Jinping Unveils $50 Billion Commitment to Africa
- Xi Jinping pledged over $50 billion for Africa over the next three years to enhance cooperation in infrastructure and trade.
- The China-Africa summit was attended by more than 50 African leaders, where multiple agreements for increased collaboration were established across various sectors.
- China aims to provide 360 billion yuan in support, including credits and assistance, with a goal of creating at least one million jobs in Africa.
- Additional agreements include projects in transportation, energy, and agriculture, with concrete commitments for infrastructure development in several African nations.
The Rise, Decline, and Possible Resurrection of China’s Confucius Institutes: CIs grew rapidly in the early years, thanks to a favorable geopolitical environment ...
thediplomat.com/2024/08/the-rise-decline-and-possible-resurrection-of-chinas-confucius-institutes/
Quick Glance: Future of Confucius Institutes: Challenges and Opportunities
- Confucius Institutes, established in 2004, experienced rapid growth, particularly due to a favorable geopolitical climate for China.
- Over the past decade, these institutes have faced significant setbacks, especially in the U.S., where more than 100 have closed.
- Since 2020, China has reformed its international language and culture promotion strategy by decentralizing management and introducing new initiatives like CLEC.
- The future development of Confucius Institutes depends on geopolitical dynamics and China's ability to rebuild trust and cooperation with the U.S.
China’s Commodities Imports Rise Ahead of Peak Demand Season: China’s imports of commodities largely rose in August from the previous month as industries ...
bloomberg.com/news/articles/2024-09-10/china-s-commodities-imports-robust-ahead-of-peak-demand-season
China's copper imports fall 12.3% as weak economy restrains demand: TOKYO -- China's copper imports in August dropped by 12.3% from the previous year ...
asia.nikkei.com/Business/Markets/Commodities/China-s-copper-imports-fall-12.3-as-weak-economy-restrains-demand
China says ties with Philippines at a crossroads over South China Sea: China called on the Philippines to
reuters.com/world/asia-pacific/china-says-ties-with-philippines-crossroads-over-south-china-sea-2024-09-09/
Tesla Gets A New Buy Rating. China Sales Turn Positive For 2024.: Deutsche Bank gave Tesla stock a buy rating while the EV giant's China registrations ...
investors.com/news/tesla-stock-buy-rating-china-sales-2024/
China triplets attend same university, mother says is fulfilment of ‘prophecy’ linked to trio’s names
scmp.com/news/people-culture/trending-china/article/3277671/china-triplets-attend-same-university-mother-says-fulfilment-prophecy-linked-trios-names
Apple starts making latest iPhones in India, accelerates push beyond China: TAIPEI -- Apple has begun mass producing the new iPhone lineup, including the Pro ...
asia.nikkei.com/Spotlight/Supply-Chain/Apple-starts-making-latest-iPhones-in-India-accelerates-push-beyond-China
Quick Glance: Warren Buffett's Apple Sell-Off: Future Implications
- Warren Buffett's recent sale of half of Berkshire Hathaway's stake in Apple raises questions about his reasons and the stock's future potential.
- Apple is set to launch the iPhone 16 featuring AI integration and is shifting towards in-house chip modem production for greater independence.
- Technical analysis indicates that Apple could potentially reach the resistance level of $275 within the next 180-240 days.
- Despite Berkshire's stock sale, there are currently no signs of a bearish trend for Apple.
Myanmar’s Border Trade With China and Thailand Has Collapsed: Ethnic armed groups opposed to the military now control trade routes accounting for 91 percent of ...
thediplomat.com/2024/09/myanmars-border-trade-with-china-and-thailand-has-collapsed/
After Swearing-in, Thailand’s New Government Announces Policy Focus: Prime Minister Paetongtarn Shinawatra says she will focus on reviving the economy ...
thediplomat.com/2024/09/after-swearing-in-thailands-new-government-announces-policy-focus/
Reagan Didn’t Win the Cold War: How a Myth About the Collapse of the Soviet Union Leads Republicans Astray on China
foreignaffairs.com/united-states/reagan-didnt-win-cold-war
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Energy savings from solar panels at high schools in Blue Island, Crestwood unclear months after installation
chicagotribune.com/2024/09/02/energy-savings-from-solar-panels-at-high-schools-in-blue-island-crestwood-unclear-months-after-installation/
Air conditioning gets expensive. Here’s how to save money – and help the planet.: Increased air-conditioning demand, alongside rising energy prices in some ...
csmonitor.com/Environment/2024/0909/air-conditioning-heat-wave-electricity-costs
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Donald Trump says he can stabilize prices. Does his plan make any sense?: The Republican presidential candidate wants to impose stiff taxes on foreign goods and ...
charlotteobserver.com/news/politics-government/election/article291868015.html
America Is Losing Southeast Asia: Why U.S. Allies in the Region Are Turning Toward China
foreignaffairs.com/united-states/america-losing-southeast-asia
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Copper Steadies After China Woes Drive Slump to Two-Week Low: Copper steadied near $9,000 a ton after a five-day run of losses fueled by an increasingly dim ...
bloomberg.com/news/articles/2024-09-04/copper-edges-higher-after-china-woes-fuel-slump-to-two-week-low
China’s Double Threat to Europe: How Beijing’s Support for Moscow and Quest for EV Dominance Undermine European Security
foreignaffairs.com/china/chinas-double-threat-europe
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Transport transition: This is not how climate protection works: The energy transition in transport cannot succeed without robust certification systems ...
faz.net/aktuell/wirtschaft/verkehrswende-so-funktioniert-klimaschutz-nicht-19968645.html
China Warns Japan of Retaliation Over Potential New Chip Curbs: China has threatened severe economic retaliation against Japan if Tokyo further restricts sales ...
bloomberg.com/news/articles/2024-09-02/china-warns-japan-of-retaliation-over-potential-new-chip-curbs
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Volvo gives up plan to sell only EVs by 2030: The car maker's decision comes as industry faces slowing demand in some major markets for electric vehicles.
bbc.com/news/articles/c3ejye39434o
Quick Glance: Volvo Revises Internal Combustion Engine Strategy
- Volvo has postponed its exit from internal combustion engines until 2030.
- The new strategy includes 90 percent of sold vehicles being electric or plug-in hybrids, with 10 percent remaining mild hybrids.
- CEO Jim Rowan highlighted that the transition to electrification is not linear and depends on customer demand.
- The delay is also influenced by European tariffs and market conditions for electric vehicles.
Changan: Next Chinese car manufacturer pushes into Germany: While VW is questioning its plants, the next competitor from China is coming to Germany ...
faz.net/aktuell/wirtschaft/auto-verkehr/changan-naechster-chinesischer-autohersteller-draengt-nach-deutschland-19962486.html
Quick Glance: Changan Enters the German Automotive Market
- Chinese automaker Changan has established a subsidiary in Munich to address the European market.
- The company plans a sales event this year and already operates a design center in the city.
- This announcement comes as Volkswagen questions its future in Germany while Chinese manufacturers gain traction.
- Changan, one of China's largest automakers, shows advancements in electric mobility and has significant partnerships, including with CATL and Huawei.
Kendrick Lamar to headline Super Bowl halftime show in New Orleans: Grammy-winning hip hop artist Kendrick Lamar will perform during the halftime show at the Feb ...
reuters.com/sports/nfl/kendrick-lamar-headline-super-bowl-halftime-show-new-orleans-2024-09-08/
Quick Glance: Kendrick Lamar to Headline the 2025 Super Bowl Show
- Kendrick Lamar is scheduled to perform at the Super Bowl in New Orleans in February 2025.
- This will be his first time headlining after participating in the event back in 2022.
- The performance comes after a successful year highlighted by the hit 'Not Like Us' amid a feud with Drake.
- Lamar is recognized as a remarkable artist with a profound cultural impact.
Viruses detected in China’s fur farm animals, including seven types of coronaviruses
english.alarabiya.net/News/world/2024/09/04/viruses-detected-in-china-s-fur-farm-animals-including-seven-types-of-coronaviruses
Malaysia to investigate media leak of classified diplomatic note from China: KUALA LUMPUR: Malaysia's foreign ministry said on Wednesday (Sep 4) it would file a ...
channelnewsasia.com/asia/malaysia-china-leak-classified-documentoil-gas-exploration-infringe-sovereignty-4586046
Morning Bid: Bracing for heavy selloff: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-09-08/
Electric car boom in China: Get rid of dependence on raw materials: The Chinese government is pushing ahead with electromobility, and for good reasons: what is ...
nzz.ch/pro/elektroauto-boom-in-china-weg-mit-den-rohstoffabhaengigkeiten-ld.1845477
China's consumer prices rise at faster pace in August: China's consumer inflation accelerated in August to the fastest pace in half a year but the uptick was due ...
reuters.com/world/china/chinas-consumer-prices-rise-faster-pace-august-2024-09-09/
Deflation Risk: The Bloomberg Close, Asia Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-09-09/deflation-risk-the-bloomberg-close-asia-edition
China plans to allow wholly foreign-owned hospitals in some areas: China on Sunday said it would the allow the establishment of wholly foreign-owned hospitals in ...
reuters.com/world/china/china-plans-allow-wholly-foreign-owned-hospitals-some-areas-2024-09-08/
Biden administration races to spend billions in climate, energy programs: Agencies are pushing to implement landmark climate and energy laws.
axios.com/2024/09/09/biden-races-spend-billions-climate-programs
China's Xi, Spain's Sanchez seek to ease EU-Beijing trade disputes: BEIJING (Reuters) -- Chinese President Xi Jinping on Monday urged visiting Spanish Prime ...
asia.nikkei.com/Politics/International-relations/China-s-Xi-Spain-s-Sanchez-seek-to-ease-EU-Beijing-trade-disputes
China’s Belt and Road hasn’t fast-tracked Africa’s cities: Over the past two decades, African leaders have become increasingly drawn to Chinese financing and ...
asiatimes.com/2024/09/chinas-belt-and-road-hasnt-fast-tracked-africas-cities/
Quick Glance: Xi Welcomes African Leaders at Major Summit
- Chinese President Xi Jinping opened a significant summit in Beijing with over two dozen African leaders, promising cooperation in infrastructure, energy, and education.
- As Africa's largest trading partner, China has provided billions in loans, but this has sometimes led to debt crises in various nations.
- Analysts suggest that China's engagement with Africa is being recalibrated due to domestic economic challenges and geopolitical tensions with the U.S.
- African leaders are expected to seek support for major projects while emphasizing the importance of debt sustainability in their discussions.
BMW explains why it will sell hydrogen fuel cells in 2028: BMW sees hydrogen as complementary to battery EVs on a region-by-region basis.
arstechnica.com/cars/2024/09/bmw-explains-why-it-will-sell-hydrogen-fuel-cells-in-2028/
Boeing Steps Up 737 Deliveries to China in Respite for New CEO: Boeing delivered its highest number of 737 Max jets to China in almost six years in August ...
bloomberg.com/news/articles/2024-09-04/boeing-steps-up-737-deliveries-to-china-in-respite-for-new-ceo
Huawei just tried to upstage Apple's big iPhone launch: The Chinese tech giant unveiled a $2,800 "tri-fold" smartphone just hours after Apple launched its latest ...
businessinsider.com/huawei-china-upstage-apple-iphone16-launch-2024-9
Samsung SDI to sell polarizing film business to Chinese firm for $836 mln: South Korean battery maker Samsung SDI said on Tuesday it had decided to sell its ...
reuters.com/markets/deals/samsung-sdi-sell-polarizing-film-business-chinese-firm-836-mln-2024-09-09/
Quick Glance: Samsung SDI Divests Polarizing Film Business for $836 Million
- Samsung SDI has decided to sell its polarizing film business to China's Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won.
- The sale includes the manufacturing and sales of polarizing films in Cheongju and Suwon, South Korea, as well as its entire overseas unit in Wuxi, China.
- The company plans to focus on materials for semiconductors, organic light-emitting diodes (OLED), and batteries.
- This strategy aims to enhance competitiveness and maximize synergies with the battery sector.
Gucci-Owner Kering Slumps to 2017 Low on China Demand Fears: French fashion designer Kering SA slumped to a seven-year low on worries about demand in China ...
bloomberg.com/news/articles/2024-09-09/gucci-owner-kering-slumps-to-2017-low-on-china-demand-fears
China Bulls Getting Tired of Waiting for Elusive Stock Recovery: Weakness in Chinese equities is eroding the confidence of some of Wall Street’s staunchest ...
bloomberg.com/news/articles/2024-09-07/china-bulls-getting-tired-of-waiting-for-elusive-stock-recovery
China’s ‘Rotten-tail kids’: This has become the buzzy phrase to describe the plight of a generation of college graduates in China.
reuters.com/podcasts/chinas-rotten-tail-kids-2024-08-28/
Quick Glance: Gulf Markets Rise on US Rate Cut Expectations
- Most Gulf stock markets ended higher on Monday, driven by investor optimism regarding a potential rate cut by the U.S. Federal Reserve in September.
- The Fed is expected to initiate a rate-cutting cycle during its monetary policy meeting on September 17-18, with a 67% chance of a 25 basis-point cut.
- Dubai's main index increased by 0.7%, and Abu Dhabi's index rose by 0.3%, while Qatar's benchmark advanced by 1.1%.
- However, Saudi Arabia's main index eased by 0.2%, impacted by a decline in Al Taiseer Group.
Analysis: Elders stay faithful to Deng over 'reformer Xi Jinping': Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei ...
asia.nikkei.com/Editor-s-Picks/China-up-close/Analysis-Elders-stay-faithful-to-Deng-over-reformer-Xi-Jinping
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Mariah Carey returns to work following ‘a couple of rough weeks’ after deaths of mom, sister
nydailynews.com/2024/09/08/mariah-carey-returns-work-rough-couple-weeks-mom-sister-died/
After China, Vietnam’s New Leader To Lam Is Off To America: To Lam is expected to travel next month to New York for the U.N. General Assembly ...
thediplomat.com/2024/08/after-china-vietnams-new-leader-to-lam-is-off-to-america/
Where the next billion creatives will come from: Far from Silicon Valley, new waves of innovation in shopping, streaming, and other technologies are emerging in ...
fastcompany.com/91184923/from-pessimism-to-promise-payal-arora-global-south
detektor.fm: Biodiversity in solar parks: Solar parks are not only a key element of the energy transition, but can also promote biodiversity.
spektrum.de/podcast/detektor-fm-biodiversitaet-in-solarparks/2229769
China's exports likely slowed further in August as trade tensions mount: Reuters poll
reuters.com/world/china/chinas-exports-likely-slowed-further-august-trade-tensions-mount-2024-09-09/
The Trump policy that scares economists the most: Former President Donald Trump wants to spend trillions of dollars on tax cuts. His plan to pay for this is ...
cnn.com/2024/09/05/business/trump-economy-tariffs/
Fact-checking Harris’ CNN interview: Democratic presidential candidate Vice President Kamala Harris and vice presidential candidate Gov ...
cnn.com/2024/08/29/politics/fact-checking-harris-cnn-interview/
European Luxury Shares’ $240 Billion Rout Is Just the Beginning: After enduring almost a quarter-trillion dollar hit to their market value in recent months ...
bloomberg.com/news/articles/2024-09-08/european-luxury-shares-240-billion-rout-is-just-the-beginning
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A billionaire farmer fights jailing as tycoons face crackdown in China: Sun Dawu was a critic of China’s Communist Party. Now he’s in jail for 18 years ...
reut.rs/3MD6oLh
Where is American empire’s fall taking us all?: The evidence suggests that empires often react to periods of their own decline by over-extending their coping ...
asiatimes.com/2024/09/where-is-american-empires-fall-taking-us-all/
The real problem with China’s economy: The country risks making some of the mistakes the Soviet Union did
economist.com/leaders/2024/09/05/bad-information-is-a-grave-threat-to-chinas-economy
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US safety commissioners call for investigation into Shein, Temu: Two leaders of the U.S. Consumer Products Safety Commission are calling for the agency to ...
reuters.com/technology/us-safety-commissioners-call-investigation-into-shein-temu-2024-09-03/
Iron Ore Prices to Hold Up Even as China’s Steel Sector Buckles: Prices for the commodity will likely remain robust despite the downturn in China.
bloomberg.com/news/newsletters/2024-09-02/iron-ore-prices-to-hold-up-even-as-china-s-steel-sector-buckles
Tax breaks planned: Habeck announces new e-car incentives: With the abrupt end of the environmental bonus, sales of e-cars are collapsing in Germany ...
n-tv.de/wirtschaft/Habeck-kuendigt-neue-E-Auto-Anreize-an-article25202100.html
Quick Glance: New Incentives for Electric Cars Announced
- Minister Robert Habeck has announced tax relief for electric cars to address declining sales in Germany.
- The Cabinet will discuss the proposed measures on Wednesday to support the auto industry as a key economic factor.
- The drop in new electric vehicle registrations is attributed to the end of the environmental bonus and high prices.
- Habeck criticizes political calls to reverse the ban on combustion engines, emphasizing the need for planning security in the industry.
Rampant Nationalism Is Undermining China’s ‘Three Warfares’: Violent xenophobia and “wolf warrior” sentiments are at odds with the government’s emphasis on ...
thediplomat.com/2024/08/rampant-nationalism-is-undermining-chinas-three-warfares/
Quick Glance: Nationalism Undermines China's Strategic Warfare Approach
- Violent nationalism and 'wolf warrior' sentiments conflict with the government's focus on public opinion warfare.
- Two incidents this summer raised concerns about rising nationalism after attacks on foreign nationals.
- Nationalist sentiments are diminishing the effectiveness of China's 'Three Warfares' by negatively influencing public opinion and international relations.
- There is a lack of systematic analysis regarding nationalism's impact on China's ability to project soft power and implement its 'Three Warfares' strategy.
Stocks ease in jittery trading; Harris-Trump debate up next: Global shares dipped on Tuesday, struggling to draw momentum from a rally on Wall Street as concerns ...
reuters.com/markets/global-markets-wrapup-1-2024-09-10/
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