Consumer confidence falling to a 7-month low, what are people concerned about? The energy crisis continues in Europe and China. One Chinese official is desperate for more coal imports. Ford announces its largest manufacturing investment ever. It says it will lead America’s transition to electric vehicles.
NTD Business Full Broadcast (Sept. 22)
The federal reserve chair didn’t give a timeline at his speech on Wednesday for when to reduce its monetary stimulus, even though many say it’s fueling the price increases. The child care industry is experiencing a crisis. Workers are quitting and children need to get on wait lists for pre-school, with the treasury department calling…
NTD Business Full Broadcast (Sept. 20)
The Stock market takes a steep dive today, major indexes down around 2 percent. What caused it? The White House planning to ease travel restrictions for foreign travelers who’ve been vaccinated against the CCP virus. But there are some exceptions. A natural gas crisis in the UK. High gas prices have forced several energy suppliers out…
European Energy Crisis Forces First Factories to Shut Down
This story originally appeared on ValueWalk The European energy crisis is throwing a spanner in the economic recovery of the region, given the escalation of natural gas prices and the lack of reserves. Amid the situation, U.S.-based fertilizer company CF Industries Holdings Inc. announced it would stop production at its UK facilities. European Energy Crisis…
Beijing Power Load Reaches Historical High, Residents Complain of Insufficient Heating Through Severe Winter
January 8, 2021
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Beijing Electric Power Company announced on Jan. 7 that as of 9 p.m. Jan. 6, the power load of the Beijing Power Grid had reached 24.51 million kilowatts, setting a new historical record. Meanwhile, many Beijing residents complained on social media of insufficient heating. The entire China has already entered an extremely cold winter. Temperatures…
Mass Power Outages Reported in Major Cities of Southern China
December 22, 2020
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Major cities in China’s southern Guangdong Province experienced sudden widespread blackouts on Dec. 21. The power outages lasted for more than an hour, causing panic among residents. Amid the power usage restrictions enforced by several provinces since last week, the recent incident fuels concern about China’s energy crisis as coal imports from Australia have been…
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