Tag #Industrial Policy

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lemonde.fr

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Mar 25, 13:11

EDF CEO Replaced Amidst Conflicting Demands for Profitability and Affordable Energy

Following the restoration of EDF's electricity production, CEO Luc Rémont was replaced on March 21st, raising questions about the company's role as a profit-driven enterprise versus a public service provider amidst conflicting demands for profitability and affordable energy for French industry.

EDF CEO Replaced Amidst Conflicting Demands for Profitability and Affordable Energy

Following the restoration of EDF's electricity production, CEO Luc Rémont was replaced on March 21st, raising questions about the company's role as a profit-driven enterprise versus a public service provider amidst conflicting demands for profitability and affordable energy for French industry.

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Affordable and Clean Energy

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What are the immediate consequences of replacing EDF's CEO, considering the company's recent financial recovery and the ongoing nuclear energy investment program?

On March 21st, EDF CEO Luc Rémont was unexpectedly replaced. This follows Rémont's success in restoring EDF's electricity production by 30% after corrosion issues, enabling France to become a net electricity exporter and stabilizing EDF's debt. The replacement raises questions about EDF's role: profit-driven company or public service provider prioritizing cheap energy for national reindustrialization.", A2="The removal of Rémont highlights the conflict between EDF's need for profit to fund long-term investments (like six new nuclear reactors) and pressure to provide affordable energy for French industry. Rémont's pricing approach, complying with European regulations, was criticized by energy-intensive clients who benefit from subsidized rates. This conflict intensified in recent months, culminating in Rémont's dismissal.", A3="The new CEO, Bernard Fontana, faces the challenge of balancing EDF's financial needs with political demands for low-cost electricity. The EPR nuclear reactor design remains uncertain, adding complexity to the already challenging task of modernizing France's nuclear fleet while maintaining profitability. The situation underscores the inherent difficulties in managing a state-owned company operating in a competitive market.", Q1="What are the immediate consequences of replacing EDF's CEO, considering the company's recent financial recovery and the ongoing nuclear energy investment program?", Q2="How does the conflict between EDF's need for profitability and pressure to supply affordable energy impact France's industrial competitiveness and energy sovereignty?", Q3="What are the long-term implications of the conflicting demands placed on EDF, and how might this affect the future development of France's nuclear energy sector and industrial policy?", ShortDescription="Following the restoration of EDF's electricity production, CEO Luc Rémont was replaced on March 21st, raising questions about the company's role as a profit-driven enterprise versus a public service provider amidst conflicting demands for profitability and affordable energy for French industry. ", ShortTitle="EDF CEO Replaced Amidst Conflicting Demands for Profitability and Affordable Energy"))

usa.chinadaily.com.cn

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Mar 24, 07:11

China Seeks New Economic Drivers Beyond Real Estate and Infrastructure

A recent study reveals China's economic growth has heavily relied on infrastructure and real estate since 1992, necessitating a shift toward innovation and new growth engines for sustained prosperity.

China Seeks New Economic Drivers Beyond Real Estate and Infrastructure

A recent study reveals China's economic growth has heavily relied on infrastructure and real estate since 1992, necessitating a shift toward innovation and new growth engines for sustained prosperity.

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Decent Work and Economic Growth

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What are the potential risks and challenges associated with China's transition to a new economic model, and how can these be mitigated?

China's future economic success hinges on transitioning to new growth drivers, improving total factor productivity, and fostering innovation across all sectors. This will require sustained investment in R&D, strong intellectual property protection, and a balance between government intervention and market forces.

elpais.com

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Mar 22, 10:09

IMF Warns of Risks in Resurgent Industrial Policies

A new IMF report warns that while industrial policies can boost innovation and growth, they also carry significant risks if not implemented carefully, potentially leading to unforeseen consequences and high fiscal costs; the report highlights the need for structural reforms and careful policy design...

IMF Warns of Risks in Resurgent Industrial Policies

A new IMF report warns that while industrial policies can boost innovation and growth, they also carry significant risks if not implemented carefully, potentially leading to unforeseen consequences and high fiscal costs; the report highlights the need for structural reforms and careful policy design...

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Industry, Innovation, and Infrastructure

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What are the immediate consequences and implications of the renewed focus on industrial policies globally, according to the IMF analysis?

The resurgence of industrial policies, after a period of decline, is driven by the current push for reindustrialization and strategic autonomy. However, a recent IMF analysis highlights that these policies, while potentially boosting innovation, can lead to unforeseen consequences like intersectoral and transnational repercussions and high fiscal costs if not carefully implemented.

sueddeutsche.de

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Mar 20, 19:17

EU Unveils Action Plan to Rescue Europe's Steel Industry

The EU Commission unveiled a plan to rescue Europe's struggling steel industry, facing closure of nine million tons of production capacity last year, by focusing on clean energy, preventing carbon leakage, boosting recycling, and securing jobs; EU Commissioner Séjourné visited Thyssenkrupp in Duisbu...

EU Unveils Action Plan to Rescue Europe's Steel Industry

The EU Commission unveiled a plan to rescue Europe's struggling steel industry, facing closure of nine million tons of production capacity last year, by focusing on clean energy, preventing carbon leakage, boosting recycling, and securing jobs; EU Commissioner Séjourné visited Thyssenkrupp in Duisbu...

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What immediate actions will the EU take to address the crisis in the European steel industry, and what are the short-term implications of these actions for jobs and production capacity?

The EU Commission presented an action plan to support Europe's steel industry, aiming to improve competitiveness by securing access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving well-paid jobs. This follows the closure of nine million tons of European steel production capacity last year. The plan's success hinges on swift implementation to counter global overcapacity, insufficient trade protection, and high energy prices.

africa.chinadaily.com.cn

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Mar 19, 07:13

China's Economic Plan: Policy Mix to Spur Growth and Transition

Faced with economic slowdown due to weakening traditional growth drivers and insufficient emerging industry momentum, China plans a policy mix of macroeconomic and industrial policies, including fiscal and monetary measures, to stabilize growth and transition to new drivers, aiming for a 5% growth t...

China's Economic Plan: Policy Mix to Spur Growth and Transition

Faced with economic slowdown due to weakening traditional growth drivers and insufficient emerging industry momentum, China plans a policy mix of macroeconomic and industrial policies, including fiscal and monetary measures, to stabilize growth and transition to new drivers, aiming for a 5% growth t...

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What are the long-term implications of China's economic restructuring and the potential risks or unforeseen consequences?

Success hinges on seizing opportunities presented by the digital revolution (AI, robotics) to achieve real growth. Stabilizing the real estate market is crucial for overall economic stability. Deepening reforms will build business confidence, improve market efficiency, and unlock economic potential, leading to faster growth. China aims for a 5% growth target, possibly requiring stronger policies to achieve positive GDP deflator.

zeit.de

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Mar 15, 16:12

German Metalworkers Protest Job Losses, Demand Government Intervention

In Hannover, Germany, approximately 6,000-9,000 metalworkers protested against job losses and employer actions, demanding government intervention to secure their jobs and facilitate industrial modernization, amid broader concerns about restructuring and offshoring in various industries impacting ove...

German Metalworkers Protest Job Losses, Demand Government Intervention

In Hannover, Germany, approximately 6,000-9,000 metalworkers protested against job losses and employer actions, demanding government intervention to secure their jobs and facilitate industrial modernization, amid broader concerns about restructuring and offshoring in various industries impacting ove...

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What are the long-term implications of the current trends for Germany's industrial competitiveness and its social welfare model?

The success of the German government's response will determine the future of German manufacturing. Failure to address the issues raised by the protests could lead to irreversible damage to Germany's industrial base, impacting its global competitiveness and economic stability. The demands for state investment and support for the transformation of industries are critical for mitigating these risks.

elpais.com

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Mar 25, 19:18

EU Selects 47 Projects to Boost Strategic Raw Material Production

The European Commission chose 47 strategic projects to boost Europe's strategic raw material capabilities, including seven in Spain, focusing on lithium, cobalt, and nickel to reduce reliance on China and improve supply chain security by 2030, with streamlined permitting and financing.

EU Selects 47 Projects to Boost Strategic Raw Material Production

The European Commission chose 47 strategic projects to boost Europe's strategic raw material capabilities, including seven in Spain, focusing on lithium, cobalt, and nickel to reduce reliance on China and improve supply chain security by 2030, with streamlined permitting and financing.

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Industry, Innovation, and Infrastructure

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How will the streamlined permitting and financing processes affect the timeline and feasibility of these strategic raw material projects?

Driven by geopolitical instability and concerns over China's market dominance (70% global supply), the EU seeks self-sufficiency in critical raw materials. The initiative includes streamlined permitting (27 months for extraction, 15 for processing/recycling) and favorable financing to support 14 of 17 strategic materials, aiming for at least 10% EU consumption in extraction, 40% in processing, and 25% in recycling by 2030.

africa.chinadaily.com.cn

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Mar 24, 07:11

China Seeks New Economic Engines Amidst Infrastructure Dependence

Analysis reveals China's economic growth heavily relied on infrastructure and real estate since 1992, raising concerns about future stability and the need for new growth engines driven by technological innovation and productivity improvements across all sectors.

China Seeks New Economic Engines Amidst Infrastructure Dependence

Analysis reveals China's economic growth heavily relied on infrastructure and real estate since 1992, raising concerns about future stability and the need for new growth engines driven by technological innovation and productivity improvements across all sectors.

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What are the key industries poised to replace infrastructure and real estate as the primary drivers of China's economic growth, and what strategies will ensure their success?

China's recent economic growth has been significantly driven by infrastructure and real estate development. This reliance, however, poses a risk to future stability, highlighting the need for new growth engines.

dw.com

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Mar 20, 13:16

German Industry Faces Crisis Amidst Chinese Competition

Germany's industrial sector faces a significant decline, threatening millions of jobs and 20% of its GDP due to increased energy prices, supply chain disruptions, and intensified competition from China's subsidized high-tech manufacturing sector.

German Industry Faces Crisis Amidst Chinese Competition

Germany's industrial sector faces a significant decline, threatening millions of jobs and 20% of its GDP due to increased energy prices, supply chain disruptions, and intensified competition from China's subsidized high-tech manufacturing sector.

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What are the most significant factors contributing to the decline of Germany's industrial production, and what are the immediate consequences?

Germany's industrial sector, once a global leader, faces a five-year decline in production, threatening 5.5 million jobs and 20% of its GDP, according to a recent report. This is driven by increased energy prices due to reduced reliance on Russian gas following the Ukraine invasion, and post-pandemic supply chain disruptions. The rise of China's manufacturing sector, particularly in high-tech areas, further exacerbates the situation.

zeit.de

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Mar 20, 19:17

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

EU Action Plan Aims to Rescue Europe's Steel Industry

The EU Commission launched an action plan to aid Europe's struggling steel industry, aiming to improve competitiveness through cleaner energy, emission controls, recycling promotion, and job preservation, following a significant production capacity decrease in 2022.

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What specific measures does the EU's new action plan propose to address the crisis in Europe's steel industry, and what are the immediate consequences of inaction?

The EU Commission presented an action plan to support Europe's steel industry, aiming to bolster competitiveness by ensuring access to affordable clean energy, preventing carbon emissions relocation, promoting recycling, and preserving high-paying jobs. This follows the shuttering of nine million tons of European steel production capacity last year, highlighting the industry's dire situation.

elmundo.es

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Mar 16, 01:10

Regional GDP Growth in Spain: Industrial vs. Service-Based Economies

Differences in Spanish regional GDP growth in 2024 stemmed from varying exposure to factors like tourism, agriculture, and the automotive sector; Murcia led with 3.6% growth, while industrial regions like Navarra and the Basque Country lagged behind, highlighting the importance of productivity and h...

Regional GDP Growth in Spain: Industrial vs. Service-Based Economies

Differences in Spanish regional GDP growth in 2024 stemmed from varying exposure to factors like tourism, agriculture, and the automotive sector; Murcia led with 3.6% growth, while industrial regions like Navarra and the Basque Country lagged behind, highlighting the importance of productivity and h...

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Reduced Inequality

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What are the underlying factors contributing to the stagnation of income convergence among Spanish regions since 2008?

Regions heavily reliant on tourism or with strong agricultural exports outperformed more industrial regions. This trend, observed over recent years, is expected to lessen in 2025 as industrial regions' growth narrows the gap. However, despite faster growth in less wealthy regions, income convergence remains stagnant since 2008.

zeit.de

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Mar 15, 16:12

Massive German Protest Demands Industrial Investment

Approximately 81,000 people, including 12,000 in Leipzig, protested nationwide on March 25th, demanding government investments in infrastructure and innovation to secure industrial jobs and modernize Germany's aging infrastructure, highlighting disagreements on how best to achieve this.

Massive German Protest Demands Industrial Investment

Approximately 81,000 people, including 12,000 in Leipzig, protested nationwide on March 25th, demanding government investments in infrastructure and innovation to secure industrial jobs and modernize Germany's aging infrastructure, highlighting disagreements on how best to achieve this.

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What are the immediate demands of the protestors, and how do these demands relate to Germany's economic and industrial future?

Around 12,000 people rallied in Leipzig, part of an 81,000-strong nationwide protest organized by IG Metall, demanding industrial investment and innovation. The rallies, held under the slogan "My workplace. Our industrial country. Our future!" focused on securing jobs and modernizing infrastructure.

Showing 61 to 72 of 121 results