Found: 331

European Economy Losing Competitiveness: Causes and Consequences

... European society. Key points to consider: Economic challenges: Musk’s words reflect existing issues such as slowing growth, energy shortages, and demographic crises. Investments: Europe needs innovative solutions and the attraction of investments in technological sectors to remain competitive. Political stability: Prolonged geopolitical conflicts and internal disagreements complicate efforts for reform. Social changes: There is a need to work on alleviating pessimism, improving living conditions,...

Strong energy bonds

... balance its energy imports, seeking maximum benefits. Nevertheless, oil, gas, and coal supplies from Russia to China are expected to grow due to strong mutual interest. In nuclear energy, Russia and China are competitors, Malkov notes. However, Russian technology is "more than a generation ahead" of Chinese technology, he adds. A strategically important area of cooperation could involve direct electricity supplies from Russia to China. Currently, electricity is delivered via the high-voltage ...

The Circle: What Do the Russian Government's Plans to Allow Gasoline Exports Mean?

... crisis is linked to the risk of fuel shortages and the long-term impact of sanctions, which was not as noticeable in 2022-2023: due to restrictions on equipment supplies for refineries, oil producers have no ability to quickly ramp up product output. Technological problems are compounded by the gradual depletion of the budget's safety cushion. The federal budget deficit for January-October 2024 was 220 billion rubles, and by the end of the year, it is expected to grow to 3.3 trillion rubles. With ...

In 2025, the UK Became Europe's Leader in Mobile Phone Thefts

... aluminum foil to block GPS and mobile signals. Some devices are hurriedly discarded in predetermined locations (such as bushes), from where accomplices later retrieve them. Police representatives note that modern criminal groups are well-informed about technology and rapidly adapt their methods to minimize the risk of capture and tracking of the stolen devices. Criminal Preferences: Premium Models Thieves primarily target expensive smartphone models that can be profitably resold. Statistics from SquareTrade ...

Wednesday, November 20, 2024: Key Economic Events of the Day

... The U.S. economy, with its substantial trade ties to China, could see changes in export volumes and supply chain dynamics. A lower LPR might lead to increased Chinese imports of American products, positively affecting industries like agriculture and technology. UK Consumer Price Index (CPI) for October (10:00 GMT) The release of the UK's inflation data will provide insights into consumer price trends and may influence the Bank of England's monetary policy decisions. Impact on Europe: Inflation trends ...