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The European Central Bank is on track to start cutting interest rates next month, but will need to keep policy in restrictive territory through 2024, according to Chief Economist Philip Lane. “The best way to frame the debate this year is that we still need to be restrictive all year long,” Lane told the Financial Times in an interview published Monday. ...
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While American manufacturer Tesla is largely synonymous with electric vehicles (EV) to most consumers in advanced economies, it is in fact Chinese firms that have become increasingly dominant in global EV manufacturing, particularly when viewed across the entire value chain. However, this market position – and the role of government subsidies in its ...
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