Tag #Economic Crisis

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lefigaro.fr

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Nov 6, 01:03

France's Aid Package for New Caledonia

France pledges over 1.4 billion euros in aid to New Caledonia to rebuild after riots that caused significant damage and loss of life.

France's Aid Package for New Caledonia

France pledges over 1.4 billion euros in aid to New Caledonia to rebuild after riots that caused significant damage and loss of life.

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What other administrative measure has been taken?

A third amendment will postpone the New Caledonia census from 2024 to 2025. The last census was conducted in 2019.

dw.com

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Nov 6, 19:08

Volkswagen's Crisis: Electric Vehicles, China, and the Future of the German Auto Industry

Volkswagen, a German automotive giant, faces a multi-pronged crisis encompassing the legacy of Dieselgate, increased competition from Chinese automakers, and the challenges of transitioning to electric vehicles. The crisis is impacting not just VW but also the wider German economy.

Volkswagen's Crisis: Electric Vehicles, China, and the Future of the German Auto Industry

Volkswagen, a German automotive giant, faces a multi-pronged crisis encompassing the legacy of Dieselgate, increased competition from Chinese automakers, and the challenges of transitioning to electric vehicles. The crisis is impacting not just VW but also the wider German economy.

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Why is Volkswagen in crisis?

Volkswagen's crisis is multifaceted, encompassing the lingering effects of Dieselgate, high energy and labor costs, inflation, decreased demand in key markets like China, and the challenges of transitioning to electric vehicles. The company's slower-than-expected investment in electric vehicle technology and software also plays a significant role.

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