Chinese EV Production in Mexico Threatened by U.S. InfluenceThe Mexican government may halt incentives due to pressure from the United States when Chinese electric vehicle manufacturers aim to build factories, according to a Reuters report on April 18, 2024. Such moves concern access to cheap public land and tax breaks on Mexico’s EV production investment. Companies that can benefit from this include Tesla, […]
Kim Jong Un's Housing Miracle: 10,000 Homes in PyongyangGeneral Secretary Kim Jong Un of North Korea attended the completion ceremony of 10,000 housing units in the second phase of the Hwasong District, Pyongyang (Photo=My Country) North Korea emphasized to Kim Jong Un’s leadership that completing 10,000 housing units in the second phase of the Hwasong District in Pyongyang proves the people can achieve […]
Saudi Arabia's Futuristic City Dream Faces Reality CheckThe Saudi Arabian government is expected to slow down the development of the Neom City project, a key initiative of Crown Prince Mohammed bin Salman. This has diminished expectations for a construction boom in our industry. Bloomberg reported on the 8th, citing sources, “Saudi Arabia has scaled back the midterm goals for Neom City, the […]
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