Ford Announces Return to Legendary 24 Hours of Le Mans in 2027
Ford, renowned for its achievements in the automotive market and its rich motorsport history, has officially confirmed its plans to return to the iconic 24 Hours of Le Mans race in 2027. This return marks not only a strategic move for the brand but also a significant event for racing enthusiasts and the entire automotive industry.
Continue readingExclusive Ferrari 250 LM, that participated in Le Mans, is for sale
A unique opportunity has arisen in the vintage car market: a Ferrari 250 LM, the famous sports car that raced in the 24 Hours of Le Mans, is up for sale. This car belongs to one of the most iconic and sought-after Ferrari models produced in the early 1960s.
Continue readingTrump's Proposed Tariffs on Mexico, Canada, and China May Increase Inflation, Warns Goldman Sachs
In a recent report, Goldman Sachs' expert team warns of the potential negative consequences of implementing new tariffs on imports from Mexico, Canada, and China that were proposed by former US President Donald Trump. It is expected that the proposed measures will significantly impact the economy, particularly the inflation rate in the country.
Continue readingEconomic Analysis: Expectations on the Impact of Trump's Tax Cuts and Deregulation on Economic Growth
Economists from Goldman Sachs have presented their analysis of the effects of tax reforms and deregulation proposed by the Trump administration on the economic growth of the United States. In their report, they determined that these measures indeed led to an increase in GDP growth rates, but there are also negative aspects related to tariffs that could hinder economic development.
Continue readingGoldman Sachs Unveils New Stock Model Challenging ESG Assumptions
Goldman Sachs has introduced a new investment model that questions existing assumptions surrounding environmental, social, and governance (ESG) criteria that many investors use to gauge corporate responsibility. This ambitious approach comes at a time when scrutiny of ESG investing is intensifying amid rising skepticism within the investment community about the tangible benefits of these guidelines.
Continue readingFord Mustang Becomes the Pace Car at the Legendary Le Mans with GT40 Engine
Ford has unveiled its new racing car, the Mustang, which will serve as the pace car at the upcoming 24 Hours of Le Mans. This new Mustang has received an impressive upgrade—it is equipped with an engine from the legendary Ford GT40. This special version of the car is designed for spectacular laps and will lead the race participants as the pace car, ensuring their safety and order on the track.
Continue readingGoldman Sachs Forecast: AI Will Suppress Oil Prices Over the Next Decade
In a new report from investment bank Goldman Sachs, analysis reveals how artificial intelligence (AI) will impact oil prices over the next decade. It is expected that the integration of AI in various aspects of the oil industry will lead to a decrease in the price of black gold, which could have a significant effect on the global market.
Continue readingGoldman Sachs Cuts India’s GDP Growth Forecasts for 2024 and 2025
Recently, investment bank Goldman Sachs announced a revision of its economic forecasts for India, lowering the expected growth of gross domestic product (GDP) for 2024 and 2025. This decision was prompted by a number of factors, including slowing reform pace and global economic conditions that are putting pressure on the country’s economic development.
Continue reading