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...But the vote in Michigan in November will also hinge on which candidate appeals more to blue-collar workers in sectors such as auto manufacturing....
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...Other nearby companies, too, are oriented to the auto industry....
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...Reigniting the recovery That helps explain Li’s presence at the Tianjin event, among other outreach initiatives. But the immediate priority for Beijing will be to stabilise the recovery....
...This means Beijing is expected to refrain from acting against companies and industries seen as critical to economic recovery....
...And as the country focuses on dominating green technologies — in 2022 it became a bigger auto exporter than Germany — western companies can still count on plenty of growth sources....
...It is estimated that Greece received a sum of $700mn, the sixth largest beneficiary of the ‘European Recovery Program’....
...China’s sputtering economic recovery is still hurting oil demand and weighing on prices. Goldman Sachs believes Chinese oil demand dropped by 500,000 b/d last week — a huge number....
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...Sales at Volkswagen group, which includes premium brands such as Audi and Porsche, have dropped by just over 9 per cent in China for the year to the end of October, compared with a 25 per cent decline in western...
...Ukraine says national recovery plan to cost $750bn Ukraine’s prime minister yesterday told the Ukraine Recovery Conference in Lugano, Switzerland that his country would need $750bn to rebuild its shattered...
...Western leaders in Munich over the weekend warned of Moscow waging a disinformation war, including about allegedly withdrawing its troops....
...He said last night that discussions included 10 PSD proposals which he said were incorporated into his draft government programme....
...The CRS says that vehicle parts exported to Canada and Mexico often return to the US to be incorporated into the finished vehicles....
...Russia’s central bank cut its benchmark interest rate to 14 per cent as it tries to overcome the shock of western sanctions....
...The commission and Warsaw are also at loggerheads over judicial independence requirements that will be incorporated into the recovery plan....
...One bad deal and one instance of bad judgment can upset the apple cart,” said the head of equity capital markets for India at one western bank. “Valuation is going to be very difficult.”...
...Other sectors affected include the Japanese auto industry, where companies such as Toyota could be hit by the closure of factories in Thailand and Malaysia as well as a lack of temporary labour because of...
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...Class action lawyers are scrambling to file suits on behalf of aggrieved investors, but their chances of recovery are much lower than they would be with a western company....
...“It paid off big time for some of those Asian countries, and it will pay off big time for the western economies.”...
...western Europe and China....
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