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...Senior executives at BASF and Siemens Energy — two of Germany’s largest companies — said a combination of pragmatic US government industrial policies, a strong long-term market outlook and increasing focus...
...The main headwind for the global trading system has come in the form of a breakdown of the WTO’s dispute resolution system since 2019....
...Europeans, like so many American chief executives, have long been wilfully blind to the fact that the global trade model and the institutions that support it are not built to deal with today’s reality....
...But their scale is smaller than pumped hydro both in terms of brute power and how long they can produce electricity at full capacity (two to four hours for lithium-ion batteries, versus roughly a whole day...
...The majority of the industry still believes that developing profitable BEVs is the most important long-term goal for carmakers, but the mini-renaissance of hybrids is forcing some to change their plans....
...Tackling climate change through decarbonisation is urgent and essential, but there are also trade-offs and long-term consequences to the choices made today....
...This misses the core problem, which is that the long-term imbalances between the deficit countries and the surplus nations have created unsustainable economics and politics around the world....
...This is particularly crucial as the business faces steep investment demands into electric cars, self-driving systems and software in the coming years....
...We have to think about long-term security for workers,” says McCall....
...This US administration is committed, under section 232 provisions of the Trade Expansion Act, to raising domestic steel production output long term....
...And China’s very good at painting the Americans as the outside provocative power....
...piece looks at how the rising cost of being middle class, coupled with a sense of endemic labour market insecurity despite the strong jobs numbers of the moment, have led to a persistent wariness about the long-term...
...It would cost them, but this is about the future of their company and of American aerospace,” says one long-term observer....
...lines and electric cars....
...The transport system accounts for something like 8 per cent of our emissions just in terms of cars, for example....
...An operating margin of 12.4 per cent still trails rival General Electric’s at 19 per cent. Erginbilgic has promised to set out longer-term plans next month, a bigger test....
...Preoccupied by their own internal conflicts, the American elite would lose the will or the ability to project power around the world....
...However, the long-term trend away from fossil fuels remains undiminished....
...Need to know: UK and Europe economy Some British boardrooms are uneasy about plans from the UK’s opposition Labour party to improve workers’ rights should it win power in the general election....
...Some of this has been addressed in Beijing’s bold attempts to reshape world trade on its own terms, building an alternative system focused on developing countries....
...Last week US carmaker General Motors dropped plans to build 400,000 electric vehicles by the middle of next year, citing “slowing near-term growth”....
...I mean, as you say, there’s the Arab plan. The EU is pushing for concrete steps towards a two-state solution, which is, as you know, its long-standing position....
...In particular, they should seek to protect long-term imports of LNG from the US, which is now its biggest supplier, he argued....
...The company’s defence business builds engines for submarines and fighter jets, while its power systems business makes diesel and gas engines for ships and for power generation....
...Also, it’s easy for Europeans and Brits and even Americans to forget that the US is really big. Like, really really big....
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