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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent news coming out of Russia, however, suggests that the era of US dollar dominance could be coming to an end, due to increasing competition from the world''s second largest economy and primary consumer of commodities, China. However, the Chinese have a problem in their plans for the yuan. Rise of the Yuan.

Russia 225
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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

& "The major players in the global economy, Europe, the U.S. With the global situation looking increasingly hectic and economies in varying degrees of disarray, there are a lot of questions about the future landscape of business. This purchasing power should benefit us." influence.&

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. Live by Energy…. The emergence of the U.S., Wary of U.S.

Russia 150
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How the Huawei Fight is Changing the Face of 5G

Cars That Think

But it may also signal a de-escalation of the pressure Washington has brought to bear on the Chinese company now that Huawei is on its heels. Huawei has long been regarded as a rogue player in the international telecoms market with deep ties to the Chinese Communist Party. Huawei is slow in fixing their vulnerabilities.

Chinese 136
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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

For Iran, the only other OPEC country for which the IEA provides domestic demand data, the increase in exports, 0.7 million barrels per day in 1H 2015, in part because as Russia's economy contracted, reducing domestic crude demand to 3.47 percentage points. percent, matched the increased domestic output. MMbbls/day in 1H 2015 from 3.65

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Chilean lithium to be eligible for U.S. tax break – ET Auto

Baua Electric

The IRA tax breaks will incentivize Chile’s export of raw lithium materials as well as costlier cathode material and lithode byproducts, the economy ministry said. the two countries “made it explicit” that Chile was eligible for the tax breaks, the economy ministry said.

Tax 52
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Strong Dollar Could Cap Oil Prices

Green Car Congress

The dollar has gained more than 8 percent against the Chinese currency since March. This really shows the folly of waging trade war,” said Zhang Bin, an economist at the Chinese Academy of Social Sciences, told the FT. The oil supply outages in Venezuela, Libya and Iran could yet drive oil prices much higher.