Why are Euro auto brands losing to China? Well... let's look at costs, productivity, employee output, etc. Hard to compete with this.
"Using VW’s auto plants as a proxy, labor costs, labor productivity, sick leave rates, unit costs and electricity costs in its China plants are a fraction of what they are in Europe, so no one should be surprised at the market share shifts on the right. Even the imposition of 17%-35% tariffs has done little to slow European imports of Chinese EVs."
The state of the world in one chart.
🇪🇺 Europe represses wages and exports its savings: that's the "Europoor" phenomenon.
🇺🇸 America turns European savings into soaring tech valuations: that's the AI bubble.
🇨🇳 China builds the factories and floods the world with cheap goods: that's involution.
And each loop feeds the next.
More here: https://t.co/MUKmBDxVNX
If you want to do a road trip across all Tanzania regions, in one go, then you may use this to achieve that. Makambako - Iringa may be the only major backtrack just for the sake of stepping feet in a region
Could take anywhere between two weeks to more than a month
Yes, those photos you’ve seen are real.
More than 18 years ago, a baby named Lamine Yamal and his mom Sheila met Lionel Messi at a UNICEF fundraising photoshoot.
Today, their achievements on the pitch inspire millions. Off the pitch, both Messi and Lamine Yamal use their voices and platforms as UNICEF Goodwill Ambassadors to support and advocate for children around the world.
The goal? That every child survives, thrives, and fulfils their potential.
We are proud to have them on our team.
Credit: Joan Monfort
lamine being on his phone 3 hours before a world cup semi final slapping up throwbacks on his story insinuating that he’s gonna cook you again and following through with it, is exactly what this game need
Came as a star.
Leaves as legend.
Thank you, Robert Lewandowski, for every goal, every battle, and every magic moment wearing these colours. Culer forever. 💙❤️