The US debt mountain continues to grow. The Gross Federal debt has crossed $38 Trillion (or)$38,000,000,000,000 according to an article at the Peter G. Peterson Foundation. Since this is a such huge amount, the following infographic puts the number in perspective in a few ways. While most this debt is held by the general public …
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The US average effective tariff rate has reached the highest level since 1909 with the raft new tariffs announced by President Trump according to Yale Budget Lab. According to their estimates, the rate has reached 22.5%. Frank Holmes at U.S. Global Investors notes 1909 is the year President Howard Taft proposed the idea of an …
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Electricity prices for households in the EU vary widely across countries. Germany has the highest prices while Turkey has the lowest price per kWH in the first half of this year according to a report in Deutsche Welle. Germans pay an average of 39.15 Euro center per kWH and Turks pay just 4.88 Euro center …
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Apple Vision Pro is a wearable headset made by Apple (AAPL) that costs nearly $4,000. In this chart post, let’s take a quick look at the some of the key suppliers for the chips that are in this device. Last year, when Apple’s iPhone 15 came out I wrote a post on the key suppliers …
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The automotive industry is one of the largest industries in the EU employing about 13 million people both directly and indirectly according to data by ACEA. Out of the 12.9 million jobs, 2.4 million are direct jobs while the rest are indirect employment. To put it another angle, the auto sector accounts for 3.1 million …
Continue reading ‘Notes on Automotive Employment in the European Union’ »