Lets look at what this materials move means for the rest of the world. The consensus is that will be damaging not fatal for the United States. The reason china dominate the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. You dontjust dig them up from the ground, they are derived from a more complicated Reduction Process and china has that capability. So governments and businesses will have to rely on cheaper substitutes and alternative sources. It means prices will go up, it means some products might be less effective and some production right be delayed. So this sort of poses a bit of an existential thread for western industry, its the gradual erosion of capability. But in a broader sense this threatened the overall narrative of globalisation, the idea that International Markets will be able to deliver what you need, when you need it at the price that you need. Derisking is what western g
What this materials more means for the rest of the world. The consensus is that will be damaging not fatal for the United States. The reason china dominate the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. You dontjust dig them up from the ground, they are derived from a more complicated Reduction Process and china has that capability. So governments and businesses will have to rely on cheaper substitutes and alternative sources. It means prices will go up, it means some products might be less effective and some production right be delayed. 50 some production right be delayed some production right be dela ed. , delayed. So this sort of poses a bit of an delayed. So this sort of poses a bit of an existential delayed. So this sort of poses a bit of an existential thread i a bit of an existential thread for western industry. Finding a place for western industry. Finding a place for for west
lebanon s central bank governor riad salameh has stepped down after 30 years. the 73 year old leaves office facing a slew of criticism, including presiding over a financial crisis as well as corruption charges both at home and abroad. lebanon has failed to appoint an official successor to mr salameh, who has headed the central bank since 1993 and has worked for 12 prime ministers. an interim governor will take over in the meantime. india has released core industry output figures on monday. and while numbers touched a five month high, the index of the country s industrial growth has slowed compared to last year. my colleague arunoday mukharji explains why. india s eight key industrial sectors have registered a growth of around 8% last month, which is the highest since the start of this year, but if you compared it to last year, it is a drop from 13%. these sectors include areas like cement, steel, coal, electricity, among a few, but if you talk about lecture but if you talk about electr
an interim governor will take over in the meantime. india has released core industry output figures on monday. and while numbers touched a five month high, the index of the country s industrial growth has slowed compared to last year. my colleague arunoday mukharji explains why. india s eight key industrial sectors have registered a growth of around 8% last month, which is the highest since the start of this year, but if you compared it to last year, it is a drop from 13%. these sectors include areas like cement, steel, coal, electricity, among a few, but if you talk about electricity it is the biggest contributor to the calculations when you re looking at india s output. electricity demand has picked up in the last few months. all the sectors have seen an uptick this time around except for one crude oil. that continues to witness stagnant growth. why? because when you speak
at india s output. electricity demand has picked up in the last few months. all the sectors have seen an uptick this time around except for one crude oil. that continues to witness stagnant growth. why? because when you speak to experts there is consensus globalfood present have been dropping, and in such a scenario, countries prefer the cheaper option. that is, to halt domestic production and rely more on imports. that is what india has done as well. so you continue to see negative growth in that territory. why are these industrial growth figures important? it is because these core sectors contribute about 40% of india s industrial growth, a key barometer to india s economic growth as well. and finally, the owners of twitter, now known as x, have been accused of trying to bully anti hate campaigners into silence with letters threatening legal action. the center for countering digital hate said elon musk s x corp accused it of making