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Idaho Champion Announces Name Change to Champion Electric Metals
Idaho Champion to Present and Host 1x1 Meetings at Sequire Metals & Mining Conference on January 27th, 2022
The climate import tax to be implemented by the European Union makes trading partners unhappy
The EU's initiative to implement the carbon Boundary Adjustment Mechanism (CBAM) is bold, but it is not surprising given the growing gap in attitudes to tackling climate problems in different parts of the world. The EU's carbon price for imported goods and services is essentially a transmission of its determination to address the climate problem to its trading partners. This ensures that the competitiveness of local producers will not be undermined by the fact that imported goods are not subject to the same level of environmental review or cost. Not surprisingly, the EU's trading partners are resistant to the border adjustment mechanism. Threats of a trade war and international disputes abound in the press, but the EU's position is that
The impact of US Treasury yields on emerging market currencies is bound to increase
If US bond yields rise again, a slowdown in the economic recovery as a result of the rebound in the epidemic will put emerging market currencies at risk of selling. Companies such as Fidelity International and Oriental Huili Bank believe that while the impact of US borrowing costs on currencies in developing countries has weakened in recent months, as China's economic growth has rebounded and the cushioning effect of low inflation has declined, then its impact on high-risk currencies is once again significant. "for emerging market currencies, a very large and rapid rise in US front-end real yields would be a very bad outcome," said Paul Gr, a fund manager at Fidelity in London.
KE Holdings Inc. fell more than 11% before the market, and Zuo Hui, founder and chairman of the company, died of illness.
KE Holdings Inc. fell 11.14% before trading, after the company announced that its founder and chairman, Zuo Hui, had died on May 20, 2021 due to an unexpected deterioration of his illness.