No Data
No Data
A beggar full of gold and silver: What are Afghanistan's mineral reserves?
Original title: The Beggar with the Golden Mountains and the Silver Mountains: What are the mineral reserves in Afghanistan? According to the World Bank's “Doing Business Report 2018”, Afghanistan ranked 183rd in the world's business environment out of 191 economies; in the “2018 Global Happiness Index Report” released by the United Nations, Afghanistan ranked 145th out of 156 countries and regions; according to a report released by Transparency International in 2018, Afghanistan ranked 177th in the integrity index out of 180 countries and regions in the world. As can be seen, Afghanistan is a country with a relatively backward economy and culture. However, it has trillion-dollar gold such as tungsten, molybdenum, and rare earths
General Motors Co fell 2.4% before trading, and the company expanded the recall scope of Chevrolet Bolt electric vehicles over the weekend.
General Motors Co (GM.N) fell 2.4% before trading after the company expanded the recall of its Chevrolet Bolt electric car over the weekend after it announced a partial recall of the car due to fire risk.
US housing prices soared 23% in the second quarter, setting a record for the highest growth rate
The median price of single-family homes rose 23% year over year to a record high of $357,900, making it difficult for buyers to find affordable homes. Second-hand housing sales declined for the fourth month in a row in May. Housing prices in the US recorded the highest increase on record in the second quarter, and competition among buyers was fierce. The National Association of Realtors of America released a report on Thursday saying that the median price of a second-hand single-family home rose 23% year on year to a record high of 357,900 US dollars. Of 183 metropolitan areas, 94% reported double-digit increases in housing prices, up from 89% in the first quarter. Sluggish mortgage interest rates have triggered the US real estate market for more than a year
Bank of America predicts that the UK economy will not be able to reduce V-shaped growth this year's GDP growth forecast to 6.9%
Bank of America lowered its forecast for the UK's economic growth, saying that the rebound curve is unlikely to be “V” shaped. Chief British economist Robert Wood lowered his 2021 GDP growth forecast to 6.9%, lower than the previous forecast of 7.3%. According to official data released earlier, GDP growth in the second quarter was lower than the Bank of England forecast, reflecting the impact of labor and material shortages. “GDP growth peaked in March and has been slowing almost continuously since then,” Wood wrote in a report on Thursday. “Most of the benefits brought about by the unblocking of the economy have passed, and the policy will soon change from a tailwind to a headwind
Musk complains about automotive chip supply and responds to Tesla's declining deliveries in China
Tesla CEO Elon Musk complained that the world's two largest automotive chip suppliers are hampering the electric vehicle manufacturer's production. “We are subject to extreme supply chain restrictions on some 'standard' automotive chips,” Musk said in response to Ark Investment Management CEO Cathie Wood on Twitter on Thursday. “So far, the biggest problems have been with Renesas and Bosch.” Before Musk, manufacturers in the automotive industry had already complained that Japan's Renesas Electronics and Germany's Bosch had limited automobile production. Ford Motor Corp. earlier this year
Biden chooses Frost of the New York Fed as Assistant Secretary of the Treasury for Financial Markets
U.S. president Joe Biden plans to nominate Joshua Frost, who has long worked at the Federal Reserve Bank of New York, as assistant secretary of the Treasury for financial market affairs, responsible for debt management, market supervision and regulation. Biden will announce the nomination on Tuesday, according to a person familiar with the matter. Frost has been working at the Ministry of Finance this year as Deputy Assistant Secretary for Financial Markets. The nomination needs to be confirmed by the Senate. Frost is likely to play a central role in the current assessment of the Treasury market. The trigger for this assessment was the outbreak of Covi in the $22 trillion US Treasury bond market in March 2020.
No Data