Nearly Impossible to Manufacture Batteries without China
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The China-linked EV battery mega factory dividing a US township
Plans for a sprawling factory in rural Michigan making batteries for electric cars offer an economic lifeline, but for some residents there is a big problem: the parent company is in China. Set among green rolling hills and tall pines, Lori ...The Guardian - World - China -
‘Impossible’ heatwave struck Philippines in April, scientists find
Human-caused climate crisis brought soaring temperatures across Asia, from Gaza to Delhi to Manila. The record-breaking heatwave that scorched the Philippines in April would have been impossible without the climate crisis, scientists have found. ...The Guardian - World -
Biden raises tariffs on $18 billion of Chinese imports: EVs, solar panels, batteries and more
Biden Cabinet members like Janet Yellen, Gina Raimondo and Antony Blinken have all raised concerns about Chinese trade practices.CNBC - Business - Joe Biden -
China’s race to tech supremacy
The country is rapidly accelerating development of critical technologiesFinancial Times - World - China -
The Lopsided Reality of the China-Russia Relationship
Beset by Western sanctions, Moscow has increasingly turned to Beijing for economic and security support.The Wall Street Journal - World -
Memorial Day weekend 2024 could be busiest for travel in nearly 20 years
AAA is expecting a nearly 5% bump in airline travel and a 4% increase in drivers this Memorial Day weekend.CBS News - Top stories -
Red Lobster is closing nearly 50 locations, liquidator says
The store closures come as many Wall Street analysts suspect the restaurant will declare bankruptcy in coming weeks.CBS News - Top stories -
Wegovy users keep weight off for nearly four years: Study
Newly released clinical trial data on the GLP-1 agonist drug Wegovy found that weight loss was sustained for up to four years after participants started taking the once-weekly injected medication. The multi-national trial was sponsored by Wegovy ...The Hill - Politics -
Nearly 40% of dirty money is laundered in London and UK crown dependencies
Deputy foreign secretary urges Cayman and British Virgin Islands to implement UK law requiring public registers of funds. Nearly 40% of the dirty money in the world is going through the City of London and other crown dependencies, the UK’s deputy ...The Guardian - World - United Kingdom -
Office-loan delinquencies jump to nearly 6-year high, says Moody’s
Higher interest rates, hybrid work schedules and tighter credit standards will likely keep putting pressure on office loans through 2026, according to a new Moody’s report.MarketWatch - Business -
2 dead in Louisiana as tornadoes hit the South, leaving thousands without power
At least two people died as severe weather hit Louisiana overnight, with storms and tornadoes bringing devastation to southern states and leaving tens of thousands with damaged homes or severed power lines.NBC News - Top stories