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US trade gap grows in February to highest level since April 2023
US trade gap grows in February to highest level since April 2023
Economy
by  AFP

The US trade deficit expanded in February by more than analysts expected to reach its highest level since April 2023, as imports once again exceeded exports, according to government data published Thursday. The February increase reflected a $7.1 billion rise in imports from a month earlier, which was counteracted by export growth of just $5.8 billion, meaning the overall trade gap rose.

Electric cars credited with lower CO2 emissions in US neighborhoods
Electric cars credited with lower CO2 emissions in US neighborhoods
Economy
by  AFP

The booming use of electric vehicles in parts of California is reducing CO2 emissions in those areas, a study showed Thursday, bolstering a key pillar of the state's drive towards net zero. "We show from atmospheric measurements that adoption of electric vehicles is working, that it's having the intended effect on CO2 emissions," said chemistry professor Ronald Cohen, the study's lead author.