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As EV costs tumble in China, an export wave builds
  + stars: | 2023-04-19 | by ( ) www.reuters.com   time to read: +4 min
[1/5] People use their phones in front of the BYD Seagull that is displayed at the Auto Shanghai show, in Shanghai, China April 19, 2023. Patrick Koller, chief executive of French auto supplier Faurecia (EPED.PA), said the entry-level EV market in Europe was an open lane for Chinese automakers. Koller said he had met with the CEO or chairman of more than two dozen Chinese automakers in Shanghai. Renault’s (RENA.PA) Dacia ships the Spring EV, an entry-level hatchback like the BYD Seagull, to Europe and ranked as the second-largest EV exporter from China last year after Tesla. BYD has not announced export plans for the Seagull, which is priced below what is now the best selling EV in China, the BYD Dolphin, which is priced from 116,800 yuan ($17,000) in China.
GOP megadonor Harlan Crow has been secretly funding lavish vacations for Justice Clarence Thomas. But he's also given thousands to Democrats who've stymied the party's agenda at various times. Joe Manchin and Kyrsten Sinema, as well as Reps. Josh Gottheimer and Henry Cuellar. According to federal campaign finance data, the Texas billionaire has given $16,800 to Rep. Josh Gottheimer of New Jersey since 2018, contributing thousands as recently as October 2022. For his part, Crow told ProPublica in a statement that he and his wife "have never sought to influence Justice Thomas on any legal or political issue."
The median price of homes in some of these markets isn't cheaper than the national median of $398,500. However, these cities scored high on other metrics such as job growth or housing supply. Here are the 10 best places to buy a home in 2023, according to NAR:1. However, this fast-growing market has strong migration gains and job growth that is nearly twice the national average. Just under 30% of renters can afford a typical home with a 10% down payment, which is almost twice the national average.
Charging needs to quadruple by 2025 and grow eight-fold by 2030 to accommodate EVs. Specifically, the US needs to quadruple its charging infrastructure by 2025, and grow it more than eight times by 2030, according to a new report out of S&P Global Mobility. Automakers are betting their futures on available chargingA lack of charging infrastructure is a problem, as nearly every major automaker is buying into electrification with billions in new technology, models, and manufacturing. That's despite the fact that a majority of EV charging can be done at home — if an EV owner has access to a garage and plug. That could change with more and more momentum from the Biden Administration, which is targeting a national network of 500,000 public charging stations by 2030 and has slated $7.5 billion toward charging build-out.
Yen eases after BOJ policy tweak sparked surge
  + stars: | 2022-12-21 | by ( Saqib Iqbal Ahmed | ) www.reuters.com   time to read: +3 min
NEW YORK, Dec 21 (Reuters) - The yen eased in a choppy session on Wednesday, ceding some of the ground gained the previous day when a surprise policy tweak by the Bank of Japan lifted the Japanese currency by 4% against the dollar. The BOJ decided to change its "yield curve control" policy on Tuesday even as it kept broad policy settings unchanged. It is letting 10-year yields move 50 basis points either side of its 0% target, wider than the previous 25 basis point band. On Wednesday, the dollar was 0.2% higher against the yen , having plunged 3.8% in the previous session, its largest one day drop against the Japanese currency in 24 years. I don't think we're going to 150 (yen) anytime soon," Chandler said.
Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company's finances. The move follows a year of plunging cryptocurrency prices and rising energy prices. Core Scientific mines for proof-of-work cryptocurrencies like bitcoin. The process requires expensive equipment, some technical know-how, and a lot of electricity. The company will not liquidate, but will continue to operate normally while reaching a deal with senior security noteholders, which hold the bulk of the company's debt, according to this person, who declined to be named discussing confidential company matters.
Central to the deal: Tax credits and other benefits from both the state of Connecticut and from Washington, D.C., he says. Hurwitz's experience points up one benefit of the Inflation Reduction Act that passed in August: Its extension and expansion of tax credits to promote the spread of home-based solar power systems. California's solar energy net metering decision Certainty has been the thing that's hard to come by in solar, where frequent policy changes make the market a "solar coaster," as one industry executive put it. watch nowFor potential switchers, tax credits can quickly recover part of the up-front cost of going green. The bids for one suburban Chicago house ranged as low as $19,096 after the federal credit and as high as $30,676.
In May 2005, the US Navy sank the decommissioned aircraft carrier America in the Atlantic Ocean. The USS America (CV-66) was one of three Kitty Hawk-class carriers built in the 1960s. Building the USS America of the Kitty Hawk-classUSS America in the Indian Ocean on April 24, 1983. The career of the USS AmericaA U-2 reconnaissance aircraft on the flight deck of the aircraft carrier USS America. A declassified image of USS America sinking after four weeks of live-fire weapons damage tests in May 2005.
The Taihuttu family in November, days after moving back to Phuket. Didi TaihuttuZoom In Icon Arrows pointing outwards The Taihuttu family in Lagos, Portugal on the day they adopted Teddy, their Pomeranian puppy. Thumb drive-size devices like a Trezor or Ledger offer a way to secure crypto tokens "cold." When asked why he is going all in on DEXs instead of keeping his crypto cold, Didi pointed to ease of access. Under it all, the Bitcoin Family still believes that the original cryptocurrency is a solid bet.
More than $1.3 trillion has been wiped off the cryptocurrency market so far in 2022 as the fallout from the FTX collapse continues to weigh on investor confidence. Bitcoin on Wednesday rose to a two-week high as investors continue to weigh up the fallout from the collapse of cryptocurrency exchange FTX. But one analyst warned that the bounce is likely just a bear market rally and would not be sustained. Bitcoin topped $17,000 trading at its highest level since Nov. 15 before paring gains. The world's largest cryptocurrency was trading 2% higher at $16,879.50 at around 2:37 a.m.
The European Central Bank gave a strong critique of bitcoin on Wednesday, saying the cryptocurrency is on a "road to irrelevance." "More likely, however, it is an artificially induced last gasp before the road to irrelevance — and this was already foreseeable before FTX went bust and sent the bitcoin price to well below USD16,000," they wrote. Bindseil and Schaff said that bitcoin didn't fit the mold of an investment and wasn't suitable as a means of payment, either. "Bitcoin's conceptual design and technological shortcomings make it questionable as a means of payment: real Bitcoin transactions are cumbersome, slow and expensive," they wrote. "Bitcoin has never been used to any significant extent for legal real-world transactions."
Iran leader says 'enemies' may target workers as protests rage
  + stars: | 2022-11-19 | by ( ) www.reuters.com   time to read: +2 min
One of the boldest challenges to Iran's clerical leaders in decades, the protests have been gaining steam, frustrating authorities who have blamed Iran's foreign enemies and their agents for orchestrating the disturbances. But the enemies have a new trick every day, and with today's defeat, they may target different classes such as workers and women," state television quoted Khamenei as saying. Protests spread into the vital energy sector last month but demonstrations by workers, which have partly addressed demands linked to pay and working conditions, have been limited. In 1979, a combination of mass protests and strikes by oil workers and bazaar merchants helped to sweep the clergy to power in Iran's Islamic revolution. HRANA said 402 protesters had been killed in the unrest as of Friday, including 58 minors.
Stocks wavered and the dollar briefly rose on initial reports of the Polish deaths as the market was overstretched as data suggested inflation was coming off its peak, said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. The Polish deaths were reminiscent of U.S. bombs that killed three people in the Chinese Embassy in Belgrade in 1999, he said. Reuters Graphics Reuters GraphicsMSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.03%, while its emerging markets index (.MSCIEF) rose 2.22%. The euro up 0.22% to $1.0348, after briefly slipping on the Polish reports, and the yen strengthened 0.50% versus the dollar at 139.18. U.S. crude futures settled up $1.05 at $86.92 a barrel, while Brent futures rose 72 cents to settle at $93.86.
The firm's founder Sam Bankman-Fried had transferred $10 billion of customer funds to his trading company, Alameda Research, the sources said. Blockchain analytics firm Nansen said it saw $659 million in outflows from FTX International and FTX U.S. in the last 24 hours. In January, FTX had raised $400 million from investors at a $32 billion valuation. "Over four years, FTX raised $1.8 billion from venture capital and pension funds. In its bankruptcy petition, FTX Trading said it has $10 billion to $50 billion in assets, $10 billion to $50 billion in liabilities, and more than 100,000 creditors.
loadingIn a follow-up tweet, FTX said subsidiaries LedgerX LLC, FTX Digital Markets, FTX Australia Pte Ltd, FTX Capital Markets, Embed Financial Technologies and Embed Clearing were not included in the Chapter 11 filings. People familiar with the matter told Reuters at least $1 billion of customer funds have vanished from FTX. The nine days of turmoil hit already-struggling cryptocurrency markets, sending bitcoin to two-year lows . Its CEO Brian Armstrong told CNBC crypto markets need regulation to avoid more washouts like FTX. This is the primary way financial markets could suffer, as it may have further minor implications for portfolio shocks in a volatile macro regime."
Meanwhile, the Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, an FTX subsidiary. Broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX. "We believe there is a 20-30% chance of a FTX rescue at best," said Matthew Dibb, chief operating officer of Singapore-based crypto investment manager Stack Funds. He is seeking the remainder from other funds, including current investors such as Sequoia Capital, the source added. It was not clear whether Bankman-Fried will be able to raise the funds he needs or if these investors would participate.
Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Cryptocurrencies resumed their sell-off on Friday morning as FTX announced it has filed for Chapter 11 bankruptcy in the U.S.Bitcoin fell 4% to $16,877.87, while ether lost 3.5% to $1,256.33, according to Coin Metrics. They're down 21% and 25%, respectively, for the week. Sam Bankman-Fried – the CEO of the company that became a so-called white knight for the industry, helping bring crypto to the masses through his relationships with high-profile celebrities, regulators and institutions in addition to his exchange product – has also resigned, according to a statement posted to FTX's Twitter account Friday.
Insider analyzed government data to see just how much the company pays for thousands of roles. That's more than half the number of such workers the company hired in all of 2021, according to a previous analysis by Insider. The company is now conducting what some workers are referring to as "quiet layoffs," too, through new performance evaluations. Another, a product analysis manager for internationalization and product experience, is being paid $1.5 million. Those salaries are outliers, but Facebook is still often the highest-paying Big Tech company, with typical salaries between $150,000 and $250,000.
В настоящее время Moldova IT Park объединяет 800 компаний, являясь основным двигателем развития IT-индустрии и повышения ее конкурентоспособности на региональном уровне. Несмотря на пандемическую ситуацию, Moldova IT Park добился замечательных результатов в 2020 г. На конец 2020 г. в Moldova IT Park было 658 резидентов, из которых 513 компаний с местным капиталом и 145 компаний с иностранным капиталом. Выручка от продаж резидентов Moldova IT Park в 2020 г. достигла 4,99 млрд леев, что на 37% больше, чем в 2019 г., и в 2,6 раза выше, чем в 2018 г. Внешний рынок остается приоритетом для молдавской IT-индустрии, экспорт составляет 80% оборота резидентов Moldova IT Park. В связи с этим была утверждена Стратегия развития Moldova IT Park на ближайшие 5 лет. Стратегия содержит проекты и мероприятия, призванные способствовать выполнению миссии Moldova IT Park по развитию IT-сектора и экосистемы цифровых инноваций в нашей стране.
Organizations: Moldova IT, Минэкономики, Государственная налоговая служба Locations: Moldova, Молдова, США, Румыния, Италия, Великобритания, Германия
Почти 40% людей, перенесших COVID-19, по прошествии 7-9 месяцев после выздоровления ощущают остаточные симптомы болезни, такие как головная боль и быстрая утомляемость. Вирус SARS-CoV-2, вызывающий болезнь COVID-19, может вызывать такие продолжительные симптомы, как постоянная усталость, неврологические и психиатрические расстройства, а также проблемы с сердцем, отмечает университет. Кроме того, у некоторых переболевших симптомы пропадали через 30-45 дней после болезни, а потом вновь появлялись через 7-9 месяцев. Автор научной работы, руководитель клиники в службе первой помощи HUG Мэйссам Мехме, длительные симптомы после COVID-19 чаще проявляются у женщин, чем у мужчин. Это, в частности, усталость, одышка и головная боль.
Persons: Мэйссам Мехме Organizations: Женевский университет, Университетский госпиталь, Белта Locations: Женева
На конец I квартала 2021 г. общий внешний долг Молдовы составил порядка $8,254 млрд, сократившись с начала года на 1,2% ($103,84 млн). По сравнению с аналогичным периодом прошлого года ($7,4 млрд на конец марта 2020 г.) По предварительным данным Нацбанка, представленным в Платежном балансе, на конец марта 2021 г. внешний долг составил 68% ВВП страны. выше чем на конец марта 2020 г.). Краткосрочный внешний долг составил $2,38 млрд, что на 0,3% меньше по сравнению с ситуацией на конец 2020 г.
Persons: enews.md Organizations: Нацбанк, Платежный баланс, Всемирный банк, Международный валютный фонд, Европейский инвестиционный банк, НБМ, МВФ Locations: Молдова
На конец I квартала 2021 г. общий внешний долг Молдовы составил порядка $8,254 млрд, сократившись с начала года на 1,2% ($103,84 млн). По сравнению с аналогичным периодом прошлого года ($7,4 млрд на конец марта 2020 г.) По предварительным данным Нацбанка, представленным в Платежном балансе, на конец марта 2021 г. внешний долг составил 68% ВВП страны. Долгосрочный внешний долг на конец I квартала 2021 г. составил $5,87 млрд, сократившись на 1,6% в сравнении с концом 2020 г., когда он составил $5,97 млрд. Краткосрочный внешний долг составил $2,38 млрд, что на 0,3% меньше по сравнению с ситуацией на конец 2020 г.
Organizations: Нацбанк, Платежный баланс, Всемирный банк, Международный валютный фонд, Европейский инвестиционный банк, НБМ, МВФ Locations: Молдова
MD и Институтом публичных политик с 20 по 30 июня, наименее известными для респондентов из 12 названных партий оказались партия «Гражданский конгресс» (ГК) и партия Партия развития и объединения Молдовы (ПРОМ). 29,6% не слышали о «Партии перемен» во главе с адвокатом Штефаном Глигором. Отвечая на этот же вопрос, больше всего опрошенных заявили, что «очень доверяют» партии PAS — 23,3%, более или менее доверяют — 20,2%. Антирейтинг доверия в этом опросе возглавляет ДПМ — 66,9% опрошенных абсолютно не доверяют демократам, а 16,8% не особенно доверяют им. На втором и третьем местах с небольшим отрывом идут партия «Шор» (61,8% и соответственно 14,3%) и блок «Ренато Усатый» (61,4% и 15%).
Persons: Марк Ткачук, Юрий Мунтян, Ион Кику, Штефан Глигор, Октавиан Цыку, Василий Костюк Organizations: Институт публичные, Гражданский конгресс» (ГК), Партия развития и объединения Молдовы (ПРОМ), Гражданский конгресс, Партия коммунистов, ПРОМ, Партия перемен, Партия национального единства (), Демократия дома, Платформа Достоинство и правда» (), Демократическая партия (ДПМ), Ренато Усатый, Шор, ДПМ Locations: Молдова
Виктория Гросу-ВремешПервое место в избирательном списке AUR занимает Виктория Гросу-Времеш — уроженка Молдовы, последние 15 лет живущая в Италии. Влад БилецкийВторой в списке AUR — лидер унионистского движения Unirea-ODIP, глава молдавского офиса AUR Влад Билецкий. румынских леев). румынских леев). румынских леев).
Persons: Bye, AUR —, — Elitalux, Skoda Octavia, , Helios, Interactiv, Mercedes Benz, Виктория ГросуВремешПервое, Виктория ГросуВремеш, Влад БилецкийВторой, Влад Билецкий, Билецкий, Валериу МунтянуТретью, Валериу Мунтяну, Мунтяну, Дорин КиртоакэБывший, Дорин Киртоакэ, Киртоакэ, Татьяна ПотынгДвухлетний, Татьяна Потынг, Потынг, Вероника ХерцаБывшая, Вероника Херца, Херцы, Кристиан ИгнатовВ, Кристиан Игнатов, Игнатов, Ирина МаркочИрина Маркоч, Ирина Маркоч, Александр КоваленкоБизнесмен, Александр Коваленко, Коваленко, Лариса ЕнакиЗамыкают, Раиса Енаки, Енаки, Чиприан Чубук, Борис ВолосатыйДепутат, Борис Волосатый, Волосатый, Волосатого Organizations: , Volkswagen, Liber Media Consulting, Volvo, Skoda, Opel, BMW, Mazda, Audi, — BB, Toyota, Либеральная партия, Союз спасения Бессарабии» (), ЛП, Либеральнореформаторской партия, Финансовобанковский колледж, Альянс за объединение румын Locations: ., AUR — Unirea, ODIP, Apa, Chisinau, Energetica, Румыния, ЕС, Молдова, Италия, Сучавы
Уже с этого дня, по заверениям представителей НАРЭ, бензин и дизтопливо в стране должно подешеветь более чем на 30 бань. 1 июля бензин А-95 на АЗС стоит 20,37-20,40 леев за литр, цена дизтоплива 16,75 – 16,80 леев, сжиженного газа – 10,92-10,95 леев за литр. Соответственно, бензин 2 июля подешевеет чуть больше чем на 30 банов, дизтопливо станет дешевле примерно на 40 банов, а сжиженный газ, наоборот, может подорожать на 30-35 банов. Он сообщил, что хоть сам и не делал точных подсчетов, но может сказать с уверенностью, что цена на бензин и дизтопливо опустится примерно на 30 банов, а газ, наоборот, существенно подорожает. На газ цена будет значительно выше.
Persons: sputnik.md, Штефан Крянгэ, Крянгэ Organizations: НАРЭ Locations: , Молдова
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