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Starting from 2024, the EU will impose a 15% minimum effective tax rate on multinational corporations with annual revenues exceeding 750 million euros, aiming to increase public revenue and strengthen tax fairness.
Worlds top shipping companies reach agreement with Yemens Houthi rebels to ensure safe passage through the Red Sea, potentially shortening Asia-Europe shipping routes and impacting global freight rates.
January 5, 2024, 11:47
The China-Nicaragua Free Trade Agreement officially took effect on January 1, 2023, marking a new chapter in economic cooperation between the two countries. The agreement covers goods and services trade, implementing a zero-tariff policy to promote economic exchanges between the two nations.
Maersk Suspends Red Sea Operations, CMA CGM Significantly Raises Asia-Mediterranean Freight Rates, Shipping Industry Faces Major Challenges.
The Number of Bankruptcies of Small and Medium - sized Enterprises in Japan Surges by 30% in the First Half of the Year
Argentinas new president, Milei, has implemented changes in economic policies, abolishing import restrictions and updating the import payment system, but high inflation and currency devaluation still pose trade risks.
November 1, 2024 12:14
Teslas choice to build this large - scale energy storage battery factory in Shanghai shows the companys high recognition of the potential of the Chinese market. The analysis of Debon Securities points out that Chinas energy storage industry chain has significant advantages in manufacturing, cost, and market. By building a factory in China, Tesla can not only take advantage of Chinas large - scale manufacturing and rapid response to quickly make up for the capacity short - board of Megapack, but also use Chinas complete and low - cost energy storage system industry chain to effectively reduce the production cost of Megapack.
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