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economy Archives - Page 2 of 19 - ViewusGlobal

#economy (368 Posts)

  • WTI Crude Rebounds After Middle East Tensions and China’s Rate Cut As military tensions escalated in the Middle East, the price of West Texas Intermediate (WTI) crude oil surged in the New York oil market.
  • Gold Hits Record High as Middle East Tensions and U.S. Election Fuel Demand Gold and silver prices surge amid election uncertainty and geopolitical risks, with gold reaching record highs of $2,740.
  • China and Turkey Set to Dominate Rare Earth Market with New Partnership China and Turkey signed an MOU to enhance cooperation in rare earth mining, aiming to strengthen global supply chains.
  • Musk Eyes Global Dominance: Tesla Semi Truck Heading for Europe and Beyond Elon Musk aims for the Tesla Semi truck to become a global product, with potential production in Europe and China by 2026.
  • Nvidia Slips 5% After U.S. Considers New AI Chip Export Restrictions Semiconductor stocks took a sharp hit on the New York Stock Exchange, with Nvidia, a leader in AI chips, seeing a nearly 5% drop.
  • Nvidia Takes Aim at Apple, Gunning for Top Market Cap Spot Nvidia's stock surged, reaching new highs on the New York Stock Exchange and edging closer to overtaking Apple...
  • Inside North Korea’s Failing Coal Mines: 50-Year-Old Equipment, Production Crashes Despite the government's propaganda, many coal mines struggle with production delays due to outdated equipment.
  • Bill Gates Funds Next-Gen Wind Power That Could Slash Costs by 25% Bill Gates invests in wind power startup Airloom Energy, which raised $13.75 million to develop innovative vertical blade technology.
  • Tesla Hits Record 249K Deliveries in China Amid EV Subsidy Surge At a rally in Pennsylvania, Trump and Musk celebrated Tesla's record deliveries in China while excitement grows for the robotaxi reveal.
  • China’s BYD and Tesla Battle for EV Supremacy as Global Sales Hit 10 Million By August this year, the global number of registered EVs has approached 10 million, marking a 20% increase compared to last year.
  • $2.1 Trillion Needed by 2050 to Meet Raw Material Demand By 2050, the mining industry will need $2.1 trillion to meet the rising demand for minerals crucial for a low-carbon economy.
  • Buffett Goes All-In on Japan with New Samurai Bond Issuance Warren Buffett leads Berkshire Hathaway in a second Samurai bond issuance, emphasizing a strategic focus on Japan's market.
  • $5 Billion Fallout Expected as U.S. Dockworkers Launch Historic Port Strike Dockworkers' strike threatens U.S. ports, significantly risking $5 billion economic fallout and disrupting global supply chains.
  • Domestic First: China Urges Firms to Skip NVIDIA and Buy Local Semiconductors China urges its businesses to favor domestic semiconductor chips over NVIDIA's AI processors to bolster its chip industry.
  • Middle East-North Africa Strengthens Its Position with 7.5% of Global Crypto Trades MENA region has played a significant role in the crypto market. From July 2023 to June 2024, it represented 7.5% of total trading volume.
  • US Job Market Shows Signs of Recovery with Lower New Jobless Claims On Thursday, the U.S. Department of Labor reported that new unemployment claims totaled 218,000 from September 15 to 21.
  • Jerome Powell Sounds the Alarm: Lessons from the 2014 Treasury Market Shock Powell emphasized Treasury market volatility and collaboration among financial institutions at the 2024 U.S. Treasury Market Conference.
  • Canada vs. China: Trade War Heats Up with New Chinese Investigation into Tariff Policies The Chinese government has retaliated against Canada's decision to impose new tariffs on Chinese-made EVs, aluminum, and steel.
  • High-End Knockoffs Thrive in China Amid Rising Economic Challenges High-end counterfeit products are gaining popularity in China as consumers turn to cheaper alternatives amid economic decline.
  • Goldman Sachs Sees Bright Future for Tesla, Suggests Buying Stock Options Goldman Sachs has advised investors to buy call options for Tesla, citing a series of potential key developments.
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