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Ghosn and Nissan's new strategy and plans.

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Cable news in structural decline says this report in NYT. It is particularly severe at CNN News. Viewers are declining rapidly dropping 27% in the second quarter for a year ago, and down to 639,000 people in prime time. This trails MSNBC where viewers have declined by 23%. Fox News viewer numbers show a 1% increase.

Viewers looking for discriminating and in depth news have other alternatives including online editions of major newspapers around the world.

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To be frank says the Chinese premier Wen Biao we face severe challenges in China. Unemployment is rising in urban areas, export industries are affected as external demand slumps. He called the US model of development based on low savings and high consumption unsustainable.

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Half of the 17 percentage points of lower investment in Britain between 2016 and 2023 came from administrative barriers with EU and of Brexit. Britain had deindustrialized and hoped to get growth from so called "clever industries" such as finance, media, and higher education. The Tories party led by Johnson and then Sunak painted a rosy picture for Britain leaving the European Union and doing better without it by working with China and the US and connecting to global supply chains. They ignored the actual facts of the globalization cycle reversing itself leaving Britain exposed in the storm.The slump in investment from Brexit hit Britain hard, the Ukraine war meant higher prices for energy imports from Norway and the US. The result is that only about half percentage point of 2 percent cumulative GDP growth in Britain between 4th qtr 2019 and 4th qtr 2023 came from jobs growth compared to about 3.75% in the EU economies. Eurozone growth at 4% was twice that in UK, and the US with higher productivity and job growth was growing at four times that in UK and twice that in EU at 8% over this period. ...