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Iran, US mobilisations could lead to conflict

Behind recent US and Iranian military mobilisations lies a perception by each side that the other may be about to attack. This doesn’t appear to be posturing by either nation but is instead a confrontation that could lead to actual conflict if there’s a miscalculation. The United States sent an aircraft carrier task force, bombers and other assets to the ...

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The US consumer isn’t so mighty

It’s no secret the US economy keys off consumption. On that count, it’s beginning to look less and less like an expanding economy. Whether it’s the internals of the first-quarter GDP report or the source of March personal spending, the trend is not the friend of growth in coming months. Some of it comes down to the state of US ...

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Electric vehicle manufacturers banking on growing demand

Last year, the world’s consumers bought more than 2 million electric vehicles. By 2025, they’ll be buying 10 million; by 2040, 56 million, according to BloombergNEF’s new long-term Electric Vehicle Outlook. The report looks at how this fleet will transform transportation as China’s 421,000 electric buses join those millions of personal EVs. As the expanding electric fleet drives electricity demand ...

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