In just a few years, China has become the world’s largest auto exporter, outpacing traditional manufacturers in Europe. With over ten million electric vehicles produced, Chinese companies are now a significant threat to German automakers like Volkswagen and Mercedes. The…
As Donald Trump prepares to potentially reclaim the White House, Europe’s economy is facing unprecedented challenges. Struggling to maintain financial stability amid rising deficits and diminishing tax revenues, European countries could face intensified economic pressures. The continent’s legacy of innovation…
Japanese automakers Nissan and Honda are reportedly in talks to merge, creating the world’s third-largest car manufacturer. The discussions come as both companies face stiff competition in the electric vehicle market. Analysts suggest a merger could improve their production capabilities,…
During a recent summit in Beijing, Chinese Premier Li Qiang addressed the growing challenges faced by the global economy, attributing them to increasing trade barriers and a trend towards ‘demondialisation.’ Highlighting the uncertainty caused by these developments, Li pointed out…
The ongoing economic crisis in France and Germany is causing worries about its potential effects on other European economies, including Greece. Economists highlight significant fiscal challenges, particularly in France with a deficit approaching 6% of GDP, largely attributed to rising…
Designated US President Donald Trump has warned the BRICS nations against creating a competing currency to the US dollar, threatening to impose 100% tariffs on those who proceed with such plans. The BRICS group, comprising Brazil, Russia, India, China, South…
Following a second-hand jeans journey from Paris to India, ‘Envoyé spécial’ explores the global trade of used clothing. The report highlights the immense centers in India, especially in Kandla, where tons of second-hand garments arrive daily. It discusses the economic…
Switzerland’s exports hit a record high of 24.39 billion francs in October, driven by significant growth in the chemical and pharmaceutical sectors, which rose by 15.2%. This total represents a 10.2% month-on-month increase. Exports to Europe and North America surged,…
Leaders from the Asia-Pacific Economic Cooperation (Apec) convened in Lima, Peru, to discuss economic collaboration in the region. Highlighting sustainable growth, Peru’s President Dina Boluarte emphasized a holistic approach to economic interdependence. The summit includes notable attendees such as Xi…
François Villeroy, head of the Banque de France, cautions that Donald Trump’s economic policies could reignite inflation in the U.S. and hinder global growth. He highlights Trump’s proposed tariffs—10% on all imports and 60% on Chinese goods—as potentially burdensome for…
De Nederlandsche Bank (DNB) urges Dutch financial institutions to brace for declining global trade and increased cyberattacks. In a recent report, DNB notes that rising protectionism among nations threatens economic stability and security. Steven Maijoor, DNB’s supervisory director, emphasized the…
