The International Energy Agency says China is the biggest winner and has already taken the lead, leaving the West far behind.
2024/05/04 13:38 Military writer Chen Xi
Electric vehicles have become mainstream in China Electric vehicles made in China lead the world in quality and quantity, creating another manufacturing miracle.
The automotive field has always been China’s weakness, and it has long lagged behind traditional Western car companies.
However, China has always insisted on innovation and has not stopped catching up just because it is behind.
The hard work soon paid off, allowing China to achieve cornering, directly overtaking Europe, the United States, Japan and South Korea working hard, making China’s electric vehicle industry one step ahead .
In this regard, international organizations also said that China is the biggest winner in this automotive revolution.
(WORLD factory)
“China becomes the biggest winner”
According to the Russian Satellite News Agency, the International Energy Agency released a report called “Global Electric Vehicle Outlook 2024”.
Data provided by the report shows that more than half of the electric vehicles sold globally last year were produced by Chinese car companies,
Lee Chang-Yong The Economic Situation Has Changed Reexamining…
Lee: “The U.S. interest rate cut has been delayed.”
Domestic demand is strong, growth forecast upwards inevitable.”
Expert: “Interest rates will likely fall in the 4th quarter at the earliest.” Bank of Korea Governor Lee Chang-yong is holding a press conference in Tbilisi, Georgia on the 2nd (local time). Provided by Bank of Korea
There are predictions that the Bank of Korea’s base interest rate cut may be later than originally expected. Bank of Korea Governor Lee Chang-yong expressed his opinion that the timing of the interest rate cut should be reexamined from the beginning.
On the 2nd (local time), Governor Lee met with reporters in Tbilisi, Georgia, where he was visiting to attend the Asian Development Bank (ADB) general meeting, and said, “The standards that can be used as a premise for monetary policy have all changed since the Monetary Policy Committee monetary policy meeting in April. “He said, “I think we will have to reexamine from scratch for two weeks until the May meeting.”
Governor Lee cited the following as grounds for reviewing the monetary policy starting point: △a setback in the United States’ base interest rate cut, △Korea’s economic growth rate in the first quarter of this year (January to March) exceeding expectations,
Unveiling The Mega Millions Jackpot: The $284 Million…
Mega Millions Jackpot Reaches $284 Million
The Mega Millions jackpot for the upcoming drawing has soared to an estimated $284 million following no winner in the previous draw. The winning numbers will be announced at 11 p.m. ET on Friday, and the results will be available below.
Recent Mega Millions Winners
In March, a fortunate individual from New Jersey clinched the first Mega Millions jackpot of the year, bagging a staggering $1.13 billion. The excitement and anticipation continue to build with each draw.
Current Jackpot Details
If a lucky player manages to secure the $284 million Mega Millions jackpot, they could potentially take home around $130 million after tax deductions. The allure of winning big is undeniable.
Winning Numbers for 5/03/24
The winning numbers for the most recent Mega Millions draw on Friday, May 3, were 13, 53, 15, 56, and 6, with a Mega Ball of 11. The Megaplier value was 2X, adding to the excitement of the game.
Playing Mega Millions
To participate, players must select six numbers, including five white balls ranging from 1 to 70 and one gold Mega Ball between 1 and 25. For those seeking convenience,
More Than 28,000 MSMEs Are Concentrated In The…
Assumption, IP Agency.- A total of 28,384 micro, small and medium-sized companies are located in the departments of Concepción, Amambay and San Pedro, which is why the north of the country concentrates a high percentage of MSMEs within its territories.
Of this amount, 85% corresponds to microenterprises; while 3% and 12% are small and medium-sized, respectively, confirmed the Formalization Bulletin of the Vice Ministry of MSMEs, dependent on the Ministry of Industry and Commerce.
The Vice Ministry bulletin reports that Concepción, one of the most populated cities along with Asunción, registered a total of 7,715 MSMEs in 2022, which represents 2.1% of the country level.
Similar to the panorama at the national level, microenterprises are the most predominant with 88%, equivalent to 6,473; followed by 10% of small companies, about 805, while 2% are medium-sized companies, about 167 businesses.
Compared to the national level, employment formalization is relatively low, reaching only 8%.
Concepción is the fifth largest department and the seventh most populated in the country, with 204,536 inhabitants in 2022, which represents 3.35% of the total Paraguayan population.
Amambay
For its part,
INTERNET End Of The Floor Price
The floor price for the purchase of a gigabyte of mobile internet is repealed.
The ministerial decree concerning the setting of internet floor prices is repealed, as announced by the Ministry of Digital Development, Posts and Telecommunications (MNDPT).
It’s a turnaround. After collecting the opinions of users and consumers of internet services, the State revokes its decision to set the price of a gigabyte at $0.95. The MNDPT announces that “the government is putting an end to the internet floor price”, a measure announced last night via a press release. According to this ministry, this adjustment comes after an evaluation of the different pricing practices following the application of this decree, setting the price per gigabyte at less than 1 dollar. It was therefore announced yesterday that the ministerial decree establishing a floor price for the purchase of a gigabyte of mobile internet is repealed. “The government noted that the prices kept artificially high by telecommunications operators did not reflect the commitments made during the negotiations. Consequently, this measure aims to restore fair competition and lower costs for end users,” specifies the MNDPT press release.
Negotiations had started upstream between the State and local telecommunications operators in April 2023,
Invitation: Press Conference With VP Representative. Andreas Hanger…
Monday, May 6, 2024, 10:00 a.m., in the Raab room of the ÖVP parliamentary club
Vienna (OTS/ÖVP-PK) – We cordially invite media representatives to one
P r e s s e k o n f e r e n z
with deduction Andreas Hanger, parliamentary group leader of the People’s Party in the two investigative committees.
TOPIC: “The truth behind the Kickl system”
Subtitle: Blue post haggling, favoritism, collaboration with spies, advertisement corruption, proximity to Russia, trust contracts and co.
TIME: Monday, May 6, 2024, 10:00 a.m
LOCATION: ÖVP Parliamentary Club, Parliament, 1017 Vienna, Raab Room, ground floor
Representatives of the media who do not have a permanent authorization card need a photo ID for access and must register in advance on the parliamentary website:
General information on the access rules for media can be found here: https://www.parlament.gv.at/presse
Please allow time for the security check.
(Ending)
Questions & Contact:
Press office of the ÖVP parliamentary club
+43 1 401 10-4439 or +43 1 401 10-4432
#Invitation #Press #conference #ÖVP #representative #Andreas #Hanger #topic #truth #Kickl #system
PW150A Aircraft Engines From TAAG Enter The Fleet…
#PW150A #aircraft #engines #TAAG #enter #fleet #management #maintenance #Pratt #Whitney #Canada
Image: Disclosure
TAAG Linhas Aéreas de Angola and Pratt & Whitney Canada signed an engine maintenance agreement, valid for six years, for the 13 PW150A engines and one spare engine kept in inventory, which equip the fleet of Dash 8 model turboprop aircraft. 400 from the airline.
The agreement consists of a Fleet Management Program (FMP), which allows Pratt and Whitney to customize its offering to meet TAAG’s specific operational context.
FMPs are flexible solutions and add value to maintenance management and planning. The program reduces operating costs, simplifies the management of fleet operations and has the advantage of being customized and adapted to meet the individual requirements of each airline.
Thus, highlights Pratt & Whitney Canada, FMPs allow customers to focus on their core business and eliminate expenses and logistics challenges related to maintenance.
Irene Makris, Vice President of Sales and Marketing at Pratt & Whitney Canada, comments that TAAG is an airline that plays a key role at a national and international level,
Current Mortgage Rate Trends: What Buyers And Financiers…
As the mortgage market sees rates decline, buyers and financiers need to closely monitor the trends to effectively plan their investments. According to recent analyses, although the rate cut is continuing, it is not happening as quickly as some would have hoped. Here is a complete overview of the current real estate financing conditions. The current state of mortgage rates
The data released recently shows the continuation of the decline in mortgage interest rates. In fact, for May 2024, the average negotiation rates showed a slight decrease compared to the previous month.
For example, for loans decided over a period of 15 yearsthe mean rate was reported at 3.65%, indicating a drop of 0.19 points. Longer loans, spanning 20 and 25 years, also track rates of 3.77% etc 3.93%. These figures show a favorable, albeit small, trend for property buyers.
Rate projections and economic impact
- Show the experts: The famous mortgage broker Cafpi projects a more prominent resumption of falling rates in the coming months. Current economic indicators support this hypothesis, expecting a level of approx 3.30% on 20-year loans by the end of 2024.
- Impact on borrowers: A continued recession could mean lower borrowing costs,
Rue21 Files For Bankruptcy For The Third Time:…
Rue21 Files for Bankruptcy for the Third Time, Plans to Close 540 Stores
Bankruptcy is a legal procedure that no company wants to experience, as it involves liquidating a company that is declared insolvent. Rue21, the American retailer specializing in casual clothing and accessories for men and women, recently filed for bankruptcy for the third time in its history. The company, known for its designs aimed at people who want to look 21 years old, plans to close its 540 stores.
This news comes amidst a trend of retailers announcing closures, with The Body Shop and 99 Cents Only also closing their stores. Rue21 stated that all stores are scheduled to close in the next 4 to 6 weeks, and the company is looking to sell its intellectual property.
In 2017, Rue21 filed for Chapter 11 bankruptcy and closed around 400 of its almost 1,200 stores. This is the latest setback for the brand, which also filed for bankruptcy in 2002. Similarly, the 99 Cents Only Store chain, known for its discounts on household and personal care products, announced the closure of 371 stores in California, Nevada, Texas, Arizona, and elsewhere.
The closure of these stores marks the end of longstanding traditions and affordable shopping options for consumers.