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Four hard-to-abate industries (aluminum, ammonia, steel and cement) will play a pivotal role in Europe's green transformation.
The yield curve sweet spot, France’s better-late-than-never budget and the geopolitics of minerals
2024 was a reality check for the global automotive market and 2025 does not look much better. After recording almost +10% growth in 2023, the automative sector saw a modest +1.7% increase of new registrations in 2024, hit by lower demand; higher rates, which translated into higher loan costs coupled with tighter lending conditions, and a line-up from some carmakers that failed to match consumer expectations while legacy auto makers announced hundreds of new models over 2023-2024.