China: How the drought is affecting the Chinese economy

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Record temperatures and a severe drought in west-central China have crippled hydroelectric power generation and caused many factories to close, the latest blow to a Chinese economy that already has stagnant consumer spending and a housing market. deeply affected. Sichuan province in west-central China, one of China’s most populous and fast-growing industrial bases in recent … Read more

What fuel economy?

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Physically, when a car travels in a straight line on a level road, three forces oppose its free movement: the friction of the tires on the road, mechanical friction, and air resistance. From the point of view of speed variation, tire rolling resistance and mechanical friction do not vary. The rolling resistance force of tires, … Read more

How to make money in a down economy

How to make money in a down economy

Poor Jean was stunned, so stunned he didn’t understand. His mind was shattered and his heart was broken, without him even realizing why. No, I don’t think so, laughs Merry. But that’s another story, which can wait until after lunch. Miss Betsey asked, as she had been silent for a while, and the nodding gradually … Read more

US economy shrinks again, fueling recession fears

US economy shrinks again, fueling recession fears

US gross domestic product (GDP) contracted again in the second quarter, raising risks of the world’s largest economy slipping into recession, months before a key election for Joe Biden. The contraction of GDP is 0.9% at an annualized rate, a measure favored by the United States, which compares with the previous quarter and then projects … Read more

Economics: Altrad completes acquisition of Sparrows

Sparrows fait désormais partie du groupe Altrad.

By metropolitan script Published in 18 July 22 at 17:25 Metropolitan see my news follow this media Sparrows is now part of the Altrad group. (© Sparrows) Announced last March, Altrad ended July 11 the acquisition of the Sparrows groupan important player in engineering, inspection, operation and maintenance services. In the last twelve months, Altrad … Read more

Luxembourg in search of a green economy

Luxembourg in search of a green economy

Franz Fayot, Luxembourg’s finance minister (Photo: Harry Murphy/Collision via Sportsfile) GUEST BLOG. Last month, the Luxembourg Minister for the Economy, Franz Fayot, traveled to Toronto and Montreal as part of an economic mission organized by the Luxembourg Chamber of Commerce in close collaboration with the Ministry for the Economy. I had the opportunity to meet … Read more

The G20 cannot allow Russia to take the world economy hostage – Tribune by Catherine Colonna in the Jakarta Post (08.07.2022)

The G20 cannot allow Russia to take the world economy hostage - Tribune by Catherine Colonna in the Jakarta Post (08.07.2022)

(Translated from English) The G20 is at a crossroads. One of its members, Russia, has flagrantly violated the fundamental values ​​that underpin the multilateral system built after the Second World War. The spirit of cooperation among G20 members is based on a simple idea: it is always possible to resolve our differences through cooperation and … Read more