By Kerry Jackson, Pacific Research Institute Private automobiles are no longer allowed on Market Street in San Francisco, California. The result has been an increase in bike ridership. This is, of course, being hailed as progress. So why does it look like the city is resetting the clock to a previous century? […]
Tag: automotive
Fate of UK manufacturing hangs on minimizing trade friction with EU
“Minimum trade frictions will be vital for the UK automotive industry” By Prof. David Bailey, courtesy of UK In a Changing Europe The UK manufacturing and especially the automotive industry has faced a turbulent period since the referendum. By 2018-19 something of a perfect storm had hit. The auto industry faced a triple […]
U.S.-China trade deal will hurt Germany, Brazil — coronavirus is wildcard
“New US-China trade agreement to hurt Germany and Brazil” IFW Kiel German exporters will be particularly affected from the implementation of the Phase I trade agreement between the USA and China which has now come into force. As a result of trade diversion, Germany’s exports of goods to China are likely to […]
The Sake-Scotch Pact: New EU-Japan alliance forming
“A Surprising New Alliance: Europe and Japan” Courtesy of CEPS Almost surreptitiously, Europe and Japan are discovering they have a great deal in common, joining up to defend free trade, democracy and the rule of law. For decades, low-grade commercial friction and political indifference marked the relationship. Japan’s powerful car industry frightened […]
Brexit is certain — but very little else
“Weekly Briefing: Attention turns to the structure of next phase Brexit talks” By Anthony Egan, courtesy of Open Europe The UK’s departure from the EU on 31 January is now certain. Later today, the House of Commons is expected to approve the Withdrawal Agreement Bill, before it proceeds through the final stages of […]
Around half a million German jobs depend on exports to UK
“460,000 jobs in Germany are linked to exports to the United Kingdom” Courtesy of the IAB Around 460,000 jobs in Germany are directly or indirectly linked to exports to the United Kingdom. Around 60,000 of these are employed in the automotive industry. This emerges from a study published on Tuesday by the Institute for Labor […]
Congestion costs Mexican cities 94 billion pesos a year
“The cost of congestion: life and resources lost” Courtesy of IMCO Mexican cities do not measure the effects that vehicular congestion has on the population, so the inhabitants pay the high costs generated by this problem due to the lack of public policies and investment to guarantee better public transport services. This […]
Hungary Squares the Circle of Globalization
By Erik Sass, TES Editor-in-Chief What does a smallish Central European country have to teach the rest of the world about inclusive growth, fighting income inequality, and social cohesion, all while steering clear of protectionism and maintaining an open economy – in short, “squaring the circle” of globalization? In the case of […]
Brexit uncertainty cost UK new Tesla gigafactory
“Brexit uncertainty means Tesla choses Germany for European for new factory” By Professor David Bailey, courtesy of UK In a Changing Europe Last week Tesla CEO Elon Musk said that Brexit uncertainty was a factor in the firm’s decision to build its first major European factory near Berlin in Germany rather than the […]
“This is a mess”: QE isn’t working – and neither is government
By Erik Sass, TES Editor-in-Chief Collectively and individually the countries of Europe face economic problems that they are either unwilling or unable to confront due to a lack of political courage, despite the availability of effective remedies. That was the bleak takeaway from a panel discussion of economic and political experts at the […]