The German car manufacturer, “Audi”, said that it will participate in the Formula 1 World Championship starting from 2026. The company confirmed that before the end of this year, it will announce the name of the team it will be associated with in the championship through an engine that will be developed specifically for this purpose. Audi says that Formula 1’s decisions aimed at reducing carbon emissions in the future are among the most important reasons that prompted it to take its decision to participate in the championship.
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August 26, 2022
Citigroup withdraws business from Russia Worried about the economic downturn after the war I TNN Knows how to invest I 26-08-65
written by Alexandra Hartman Editor-in-Chief
Citigroup withdraws business from Russia Worried regarding the economic downturn following the war I TNN Knows how to invest I 26-08-65 #Knowledge to invest #Papchiratiti #Takthitikorn #Thai stocks #news #investment #worldwide #global economy #Thai economy #Citigroup #citibank #citigroup #Russia #business withdrawal #war – Citigroup withdraws business from Russia Worried regarding the economic downturn following the war, Citigroup recently announced the closure of its banking business in Russia. because of concerns that the economy may be severely depressed following the war and want to boycott In which the case is expected to affect more than 2,000 employees, channels to follow the news station TNN Channel 16 https://www.tnnthailand.com https://tv.trueid.net/live/tnn16 https://www.youtube.com /c/tnn16 https://www.facebook.com/TNNthailand/ https://www.facebook.com/TNN16LIVE/ https://twitter.com/tnnthailand https://www.instagram.com/tnn_online/ https https://www.tiktok.com/@tnnonline Line @TNNONLINE or click https://lin.ee/4fP2tltIo Keep up with the world, up to date with the economy, keep up with all the truth with TNN Channel 16, a news station that holds the principle of presenting news that is relevant, fast, cheap. Must be accurate and impartial by a professional news team.
Gold futures fell more than $20, falling off the $1,750 level today. After Federal Reserve Chairman Jerome Powell reiterated that the Fed would continue to raise interest rates to curb inflation. And there is a tendency for the Fed to raise interest rates big in September.
In addition, gold prices were also pressured by the dollar’s appreciation. and the rebound in US government bond yields
At 10.25 pm Thai time, the COMEX (Commodity Exchange) gold contract will be delivered in December. It fell $22.60, or 1.28%, to $1,748.80 an ounce.
A stronger dollar will reduce the attractiveness of gold. by making gold contracts more expensive for holders of other currencies. As the rebound in US Treasury yields increases the opportunity cost of holding gold. Because gold is an asset that does not return in the form of interest.
Mr Powell said The Fed’s mission to combat inflation isn’t over yet. The Fed will continue to tighten monetary policy. This may affect the economic expansion and labor market of the United States.
“We will continue to raise interest rates. Until we are confident that our mission will be successful. Households and businesses may be affected by the Fed’s continued rate hike. But failure to stabilize prices will have a bigger impact,” Powell said at the Fed’s annual meeting in Jackson Hole today.
In addition, Mr Powell said The Fed still needs to raise interest rates. And the Fed won’t cut its options. “Raise interest rates bigger than usual” in September.
Powell stressed that the Fed needed to act quickly. What has happened in the past reflects that too late action will cause the labor market to collapse heavily.
“Although the slowdown in inflation in July is a welcomed thing. But just one month of data isn’t enough to convince the Fed board that inflation has settled,” Powell said.
The US Department of Commerce said that Basic personal consumption expenditure (PCE) price index, excluding food and energy It is the Fed’s key gauge of inflation, up 4.6 percent in July year-on-year. It fell below analysts’ forecast of 4.8% and slowed from 4.8 percent in June.
The PCE Index is a measure of inflation that can detect changes in consumer behavior. And it covers a broader range of prices for goods and services than the Consumer Price Index (CPI) data from the US Department of Labor.
Polyneuropathy (PNP) is the generic term for various diseases of the peripheral nervous system. The function of part of the nervous system is disturbed, typical symptoms are pain or sensory disturbances such as tingling, burning, hot or cold feelings in the feet, legs, hands or arms. The polyneuropathy self-help group offers those affected the opportunity to exchange experiences with the disease, therapy options and illness experiences. The next discussion group will take place on Wednesday, September 7th, at 2 p.m. in the dining room of the Laupheim Center for Elderly Medicine, former Sana Clinic, and will be themed “Sun, Vitamin D, Health”. The consultant is Sybille Braun, a qualified biologist. Interested parties are cordially invited, registration is not required. Further information is available by phone from Albert Scheffold on 07392 / 700 68 36 and online at www.info-cidp.de available.