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By AFPThe president of Chinese electric vehicle maker XPeng on Friday criticised the fresh tariffs on Chinese cars imposed by Washington as "unfavourable" for the United States' energy transition.US President Joe Biden announced earlier this week the...
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By AFP/Isabel Malsang and Nick PerryThe sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment, the International Energy Agency said Friday.In its second annual review of t...
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By AFPThe United States said Thursday it is blocking imports from dozens of China-based textile companies, citing forced labor concerns surrounding their products.Out of the 26 new additions to the Uyghur Forced Labor Prevention Act entity list, 21 w...
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By AFPGeopolitical tensions and policy uncertainty in a year featuring many elections worldwide present risks to euro area financial stability, the European Central Bank (ECB) warned Thursday.In its half-yearly financial stability review, the ECB sai...
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By UN NewsThe global economic picture has improved since January, but vulnerabilities remain, the mid-year update of the World Economic Situation and Prospects report published on Thursday has revealed.The world economy is forecast to grow by 2.7 per...
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By AFPRussia's economy will grow further this year despite Western sanctions over its Ukraine invasion, while Israel's war against Hamas in Gaza will weigh on neighbouring nations, Europe's development bank forecast Wednesday.The London-based Europea...
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By AFPGlobal oil demand will grow slower than anticipated in 2024 following a first-quarter drop in developed economies due to a mild winter and a declining diesel car fleet, the IEA said Wednesday.Demand is expected to increase by 1.1 million barrel...
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By AFPIndia's foreign minister has said his country will work to communicate the benefits of a strategic port project in Iran, after the United States said Indian firms working on the project risked sanctions.Iran and India this week signed a contrac...
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By AFP/Steven TraskAustralia touted plans to become a "renewable energy superpower" in an annual budget Tuesday, but the government's books also laid bare the depth of the economy's dependence on mining and fossil fuels.Treasurer Jim Chalmers said th...
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By AFPThe Paris Olympics this year will generate an economic gain of 6.7-11.1 billion euros (7.2-11.9 billion dollars) for the capital region, according to a study commissioned by the organising committee and released on Tuesday.The research by the F...
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By UN NewsGetting under way in Manama, the fifth World Entrepreneurs Investment Forum (WEIF), with a key focus on Arab and African regions, is being held under the theme of ‘Achieving the [Sustainable Development Goals] through Fostering Innovation a...
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By AFPPhilanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world.The announcement from the 5...
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