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Julien Lafargue - 1
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Chongqing China
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Barclays Private Bank - 1 Overseas Services - 1

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3 mentions found


☆ We expect interest rates to come down, strategist says
  + stars: | 2024-07-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect interest rates to come down, strategist saysJulien Lafargue, chief market strategist at Barclays Private Bank & Overseas Services, discusses where global markets are headed in the second half of the year.
Persons: Julien Lafargue Organizations: Barclays Private Bank, Overseas Services
☆ China to help electric vehicle industry respond to foreign trade restrictions
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: +1 min
Rows of new energy vehicles are parked at Changan Automobile's vehicle distribution center in Chongqing, China, on Jan. 14, 2024. China's commerce ministry said on Wednesday it would encourage the new energy vehicle industry to "actively" respond to foreign trade restrictions and cooperate with overseas firms, amid a European probe into Chinese subsidies for the sector. The ministry issued guidelines that also encouraged automakers to set up R&D and after-sales service centers abroad, to collaborate with foreign partners in building up supply chains, and to work more closely with shipping companies on transportation logistics. Under the measures, Chinese banks would be encouraged to expand domestic and overseas services for automakers and their supply chains, including the scale of cross-border RMB settlements. The ministry also said it would optimize export procedures for NEVs and batteries.
Locations: Chongqing, China
☆ In Argentina, controls spawn soybean and 'Netflix' currency rates
  + stars: | 2022-10-19 | by ( Lucila Sigal | ) www.reuters.com   time to read: +5 min
The blossoming of parallel foreign exchange rates has gained pace in recent weeks, becoming the target of memes online, one calling the array a "tutti-frutti". But it also reflects a serious risk the government faces to protect dwindling dollar reserves needed to pay back debt. The government and central bank argue that the controls are needed to protect foreign reserves and stabilize the economy. "All these different exchange rates shows a political desperation for dollars," said Eduardo Maehler, 37, a self-employed worker in Buenos Aires. "We know the cost of imposing these controls over time: it always ends in a very deep crisis," he said.
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