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Toyota to mass-produce electric vehicles

Toyota Motor intends to start mass-producing electric vehicles by 2020, hoping to expand its lineup of green automobiles beyond hybrid and fuel-cell cars. Toyota will seek cooperation from group companies to start production quickly. Source: Nikkei Asian Review

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November 7, 2016 by The Board

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RELATED NEWS

Greece: Regional airports see passenger numbers drop by over 70%

Fraport Greece reported a 71.4% annual decline in passenger traffic last year at the 14 regional airports it operates in Greece. The total number of passengers who used the airports of Thessaloniki, Corfu, Hania, Cephalonia, Zakynthos, Aktio, Kavala, Rhodes, Kos, Samos, Mytilene, Mykonos, Santorini and Skiathos reached 8,611,780, of which 5,994,180 were on international flights – a year-on-year decline of 74.2%. Source Ekathimerini


January 18, 2021 by The Board

Gazprom Neft invites crypto miners to use company’s energy resources

Russian oil drilling giant Gazprom Neft opened a crypto mining farm running on associated gas energy unlocking the power of Russia’s oil and gas resources for the needs of bitcoin (BTC) mining, reports Yahoo Finance. The venue for cryptocurrency mining is on one of the company’s oil drilling sites in the Khanty-Mansi Autonomous Okrug in Siberia. It is using the associated gas from Gazprom Neft’s oil field as an energy source and has its own power plant to transform this gas into electricity. Source Realnoevremya

January 14, 2021 by The Board

U.S. trade deficit rises to more than 14-year high

The United States’ trade deficit surged to its highest level in more than 14 years in November as businesses boosted imports to replenish inventories, offsetting a rise in exports. Source Reuters

January 11, 2021 by The Board

 
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Europe's geopolitical situation resembles that of 1913.

The enlargement of the European Union to the east, Germany's Ostpolitik, economic power and its reluctance to align its policy with France's and Italy's make the break-up of the Union unavoidable. While Germany is gaining a status of a financial superstar, German society is starting to disintegrate.

Nobody dares to ask, but the ECB board is bracing itself for the upcoming break-up of the euro. The Gefira team explains why France or Italy will leave the euro and we investigate how the ECB is preparing for the looming euro collapse.

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