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Continental drift: Europe’s challenges

The Intelligence from The Economist

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Europe's Not a Good Place to Do Business

Inflation Reduction Act contains a loss of protectionism, which means the electric vehicle has to be assembled in North America. Europe's having to deal with the fact that this investment is being tempted away. President Emmanuel Macron has been talking to a lot of European firms,. trying to persuade them not to relocate their investment overseas.

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