Argentinas new president, Milei, has implemented changes in economic policies, abolishing import restrictions and updating the import payment system, but high inflation and currency devaluation still pose trade risks.
November 1, 2024 12:14
Teslas choice to build this large - scale energy storage battery factory in Shanghai shows the companys high recognition of the potential of the Chinese market. The analysis of Debon Securities points out that Chinas energy storage industry chain has significant advantages in manufacturing, cost, and market. By building a factory in China, Tesla can not only take advantage of Chinas large - scale manufacturing and rapid response to quickly make up for the capacity short - board of Megapack, but also use Chinas complete and low - cost energy storage system industry chain to effectively reduce the production cost of Megapack.
As Christmas approaches, various Christmas products have become popular in the market. However,
The Red Sea Crisis has a profound impact on international trade. The freight rate has doubled directly, the voyage cost around the Cape of Good Hope has increased by about 30%, the spot freight rate of the Asia - Europe route has increased significantly in the short term, and it may damage international trade in the long term.
The Bulgarian Parliament voted to ban the export of fuels made from Russian oil and the processing of Russian oil starting from 2024, in response to the EUs embargo on Russian oil.
The investment of six major Japanese semiconductor manufacturing equipment companies is expected to reach 547 billion yen in the 2023 fiscal year, 1.7 times higher than five years ago, demonstrating Japans competitiveness in the global semiconductor equipment manufacturing field and the growth of market demand.
MSC Suspends the Use of the Suez Canal in Response to Houthi Attacks on Red Sea Shipping. Global Shipping Faces New Geopolitical Challenges.
Recently, Germany and the European Public Prosecutors Office (EPPO) jointly uncovered a criminal organization involved in customs duty and import VAT fraud worth up to €200 million, highlighting the importance of international law enforcement cooperation.
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