One of the biggest Chinese investments in the European car industry is developing into a loud blow for Turkey, as the country seems to be losing a total investment of $1 billion. ByD continues to strengthen its presence on the European market, seeking to significantly increase the local production of its models and reduce its dependence [...]
On 1 July the EU put a 3 euro cap on every product from Chinese platforms to protect its market. The heat, however, forces her to surrender to a Chinese product. The climate crisis renews high temperature records in countries that by early 2020 did not have the slightest need for [...]
At a final end, it appears that one of the largest investments announced in recent years in the Turkish car industry is being driven, with plans to create a new factory now on ice. One of the most important investment projects to be implemented in Turkey, strengthening the country's ambitions to evolve into one of [...]
Inequality in wealth throughout Europe remains strong, as various indicators show. According to the European Central Bank's latest report, published in 2023, the median net wealth of households in the euro area was EUR 123,500. However, this ranged from just 2,000 euros for the minimum 20% of the population to [...]
