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The Japanese government officially declared a state of emergency in the Tokyo region
Japanese Prime Minister Yoshihiro Suga: The Japanese government officially declared a state of emergency in the Tokyo region. The state of emergency in the Tokyo area will continue until August 22. If the situation improves, the state of emergency in the Tokyo area may end prematurely.
Jeffrey: Electric cars “implied” significant carbon emissions
Broker Jefferies (Jefferies) believes that electric vehicle production is currently facing a “hidden carbon emissions” challenge. Simon Powell (Simon Powell), head of global research at Jefferies, said, “In order to reap the environmental dividends expected by the government, users will have to use them longer and drive farther than traditional internal combustion locomotives.” He explained that only by doing this can we offset the materials such as steel, aluminum, and glass used to produce electric vehicles, as well as the “large” carbon emissions generated in the process of assembling electric vehicles. The problems faced by electric vehicles are more complicated, he said, because
Another tech company moved out of Buffett in California to “break new ground” Snowflake cancels its California headquarters
Snowflake, which created the largest software IPO in US stocks last year, announced that it had closed its headquarters in California and became another technology company that moved out of California. Snowflake said there will no longer be a corporate headquarters, but according to US SEC regulations, a “main executive office” will be set up in Bozeman, Montana, a small city with a population of less than 50,000, as the permanent location for its CEO and CFO. However, Snowflake will still have a huge business in Silicon Valley, and recently even carried out a major redesign of its San Mateo office for employees
Italian Prime Minister Draghi: EU needs a common budget to fight recession
In his first speech to the Italian Parliament, Italian Prime Minister Draghi said: "supporting this government means sharing the irreversible choice of the euro and the prospect of increasing integration of the European Union." this will lead to a common public budget that can support countries in times of recession. "Today, we may or rather have a responsibility to start a new reconstruction, just like the post-World War II government," Mr Draghi said. Italy can only grow to get rid of high debt, and EU funds must be used to support potential growth.
Louis Camilleri suddenly resigns as Ferrari CEO and the company is once again facing a leadership crisis
The sudden resignation of Ferrari CEO Louis Camilleri caused the Italian supercar manufacturer to face a leadership crisis for the second time in just over two years, and the company's plans to transition to electric vehicles were thwarted as a result. Chairman John Elkann will temporarily take over as CEO. Just 30 months ago, he chose Camilleri to replace Sergio Marchionne, who passed away in July 2018 due to complications from surgery, and now he has to look again for a new candidate. Camilleri, 65, earlier because of her feelings
Clearing the way for the appreciation of the euro towards $1.25, the risk of verbal intervention by the European Central Bank is temporarily removed.
Euro bulls need not worry about a less likely potential disadvantage: strong verbal intervention by the ECB. In response to a question about the rise of the euro on Thursday, ECB President Christine Lagarde said the central bank's governing council followed the euro "very cautiously", reminiscent of the language in the ECB's previous communiqu é. And cheered traders who had been preparing Ms Lagarde to crack down harder on the appreciation of the euro. The euro's move towards its best annual performance since 2017 has sparked speculation that policy makers may be inclined to oppose appreciation because it further suppresses price levels. However, given the short duration of the ECB,
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