Recently, the situation of German corporate bankruptcies has continued to rise. Credit insurance company Allianz Trade has released a research report on Allianz Trade Bankruptcy, stating that the number of German corporate bankruptcies will continue to increase in 2024.
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Recently, the media news that Apple canceled the decade-long electric car plan, abandoning one of the most ambitious projects in the company's history, that is, "Project Titan", the decision has triggered widespread attention and discussion in the industry. After a decade of exploration, billions of dollars of effort and investment, Apple has finally decided to end the project. The total cost of the project exceeded several billion dollars, and the team number exceeded 2,000 people.
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On March 3rd local time, Simon Nyan, the editor in chief of Russian television, revealed on social media today that the Russian Ministry of Foreign Affairs will summon the German Ambassador to Russia on March 4th local time regarding the recording by the German military.
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According to the recently released data, Japan's factory industry is currently struggling, and the operating conditions of the manufacturing industry continue to deteriorate. According to data released by the Japanese government on February 29th, the decline in factory output in January was the largest since May 2020. At the same time, due to weak demand, factory activity in Japan shrank at the fastest pace in more than three years in February.
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Europe is the world's second largest automobile market and an important growth point for new energy vehicles. In the context of carbon neutrality, the increasing demand and policy support for electric vehicles in Europe provides a rare period of opportunity for Chinese auto companies.
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On the 29th local time, the topic of US soldier Bushnell who self immolated in front of the Israeli embassy continued to ferment. The American people gathered spontaneously to commemorate this American soldier.
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Trade ministers and senior officials from the 164 members of the World Trade Organization (WTO) gathered in ABU Dhabi, United Arab Emirates, from February 26 to 29 for the 13th WTO Ministerial Conference.
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On the 27th, Macy's announced the closure of approximately 150 stores, accounting for nearly one-third of the total, marking a decades long decline in the once glorious department store industry.
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The Federal Reserve has recently strengthened its expectation of not cutting interest rates for March this year, and loan costs have continued to rise, doubling the pressure on the US real estate market.
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The battle for chips is a battle for future global economic supremacy, and the US knows this better than anyone. Raymondo of the US Department of Commerce delivered a speech at the Center for Strategic and International Studies in Washington on February 26 to reiterate the importance of chips, she also announced to increase the supply of raw materials to the complete production line of packaging subsidies, and plans to make the US-made chip shipments account for 20% of the world by 2030.
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The 2025 US holiday shopping season was supposed to be a double celebration for both merchants and consumers. However, the reality is shrouded in a "bill chill."
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