ECB CIPOLLONE THE MONETARY AND FISCAL RESPONSES TO ENERGY SUPPLY SIDE SHOCKS ARE COSTLY NO MATTER HOW SMARTLY AND CAREFULLY ENGINEERED THEY MAY BE:

美國國務卿魯比奧：“自由計劃”將營救被困在波斯灣的來自87個不同國家的近23000名平民。

China's auto sector is likely to face multiple challenges this year, Bernstein analysts say, maintaining a cautious outlook. The reduction in government subsidies and a 5% purchase tax hike on EVs are expected to slow market momentum, following a high base with demand pulled forward into 2024-2025. Macro headwinds and weak consumer sentiment persist, they note. The auto sector will likely also face pressure from material cost inflation headwinds, they say. Sector sales volumes could fall between 4% and 8%, to 28 million to 29 million units this year, they add. Among the EV makers, Bernstein rates BYD and Xiaomi at outperform