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14.12.25 - 06:12
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Birthing Pains For A Multipolar World (ZeroHedge)
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Birthing Pains For A Multipolar World
Authored by Adam Sharp via DailyReckoning.com,
After World War 2, the U.S. emerged as the only major power with its industrial base intact.
Europe, the USSR, and Japan were all devastated.
The Soviet Union alone had 26 million deaths due to the war. The rest of Europe had approximately another 20 million. Japan lost around 3 million.
All the major powers' infrastructure had been annihilated. Except for America.
Even before the war, the U.S. was the eminent economic power of the world. But this advantage increased significantly following WW2. After all, it was American ships, tanks, guns, and bombs that turned the tide.
B-24 bomber production line at Ford's Willow Run plant
In 1945, America produced 50% of global industrial output. With just 6% of world population.
By 1947 the bulk of military production lines had switched to civilian goods. Lines that were producing tanks switched to cars and appliances. Factories that were churning out bombers switched ...
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12.12.25 - 19:01
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China Eases Rare Earth Curbs With First Export Licenses (Caixin)
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China has granted its first round of general export licenses for rare earth products, signaling a step toward easing restrictions on the critical materials following recent trade discussions with the United States in Kuala Lumpur.
Jintian Copper (Group) Co. Ltd. (601609.SH), a magnetic materials manufacturer based in Ningbo, said on Wednesday through an investor platform that one of its clients had secured a general export license for rare earth permanent magnet products. On the same day, Ford Motor Co. revealed that its Chinese rare earth supplier was among the initial recipients.
While neither Jintian nor Ford disclosed the specific companies involved, Jintian's website lists Volkswagen AG, Mitsubishi Motors Corp. and Samsung Electronics Co. Ltd. as customers for its neodymium-iron-boron permanent magnets.
The new license system is expected to streamline the export process, alleviating concerns among global manufacturers about supply chain security. Sources familiar with the matter told Caixin that un...
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12.12.25 - 09:36
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SK On und Ford lösen ihr Joint Venture für Batteriezellen auf (Electrive)
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Ford und der südkoreanische Batteriehersteller SK On lösen ihr Batterie-Joint-Venture BlueOval SK in den USA auf und teilen sich die Eigentumsrechte an drei Werken in Kentucky und Tennessee. Dieser Schritt verändert die Strategien beider Unternehmen in Nordamerika angesichts der dort rückläufigen Nachfrage nach Elektrofahrzeugen....
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