Northwest bankruptcy shocks European EV battery push in Quebec
Northwest a Swedish EV battery maker founded by ex Tesla executives filed March 12 with plans for a $7 billion Quebec factory amid rising costs geopolitics and demand shifts. Germany and North America remain solvent but the Quebec plant and related subsidies face court scrutiny under a trustee.
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Germany votes to rearm in Bundestag historic vote
In a March 11 Bundestag session the Yes outcome signaled a policy shift as Germany moves toward rearmament. The speaker frames the move as a test of postwar law and borders, arguing the UN Charter norm from 1945 helped deter large-scale wars and nuclear devastation, while noting broader implications for global security and Ukraine.
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Canada bets on EV push fuels China trade clash
Ottawa’s tariff retaliation on China targets canola and seafood, harming farmers and processors. Canola exports falter as anti dumping probes rise, pork and lobster face new limits while Ottawa funds battery plants and gigafactories to spur electric vehicle manufacturing.
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Meng Wanzhou
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