Russian President Vladimir Putin said Saturday that he hopes work on the Nord Stream 2 gas pipeline will be finished by early next year. “I hope that by the end of this year, or in the first quarter of next year, work will be finished and the gas pipeline will start operating,” Putin told a joint press conference with German Chancellor Angela Merkel after talks at the Kremlin. Source France24
BYD experiences probably its worst period in history as the plug-in electric car sales keep declining at a rate far exceeding the average New Energy Vehicle drop after the subsidies were cut in China.
In December, BYD managed to sell only 10,717 plug-in electric cars, which is 71% less than a year ago. As a consequence, plug-ins account for just 26% of total passenger car sales by the brand. Source Inside EV
The New York Federal Reserve on Thursday accepted all $44.15 billion in overnight bids from primary dealers in a repurchase agreement (repo) operation meant to keep the federal funds rate within the target range. Source Reuters
Supermarket sales in 2019 fell 1.8 percent from the previous year on a same-store basis, down for the fourth consecutive year, affected by the consumption tax hike on Oct. 1 and unfavorable weather, an industry body said Thursday. Source The Japan Times
