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Cowen: "Early Stages Of Looming EV Comeback"
Cowen: "Early Stages Of Looming EV Comeback"
Cowen analysts led by Itay Michaeli say the EV market has entered the early stages of stabilization as a combination of more self-driving capabilities and elevated gas and diesel prices has shifted consumers toward these vehicles.
"We are still in the early stages of this looming EV comeback," Michaeli told Bloomberg in an interview on Friday. "EV market coverage, by our estimation, will grow substantially in the next couple of years by existing players."
A welcome sign of stabilization came as Tesla and Rivian...
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Iraq Formally Requests Syria Act As 'Hormuz Bypass' Route For Its Crude
Iraq Formally Requests Syria Act As 'Hormuz Bypass' Route For Its Crude
Syria's geography has long given the country huge economic opportunities as a major energy transfer hub connecting Middle East states to the Mediterranean.
But as the last decade plus of proxy war which resulted in the overthrow of Bashar al-Assad demonstrated, Syria has also long been target of foreign machinations bent on seeing a puppet state installed in Damascus. The US-Gulf allies broadly waged war against the so-called 'Shia crescent' represented in the old Baghdad-Damascus-Hezbollah axis.
Henry Kissinger famously stated of...
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