The European Commission is less pessimistic about the economic outlook in the EU this year than in the autumn. She expects an average growth of 0.9 percent for the eurozone. However, in November, it still averaged 0.3 percent and feared a recession in the months around the turn of the […]
Hundreds of Millions of British Corona Aid May be Fraud
Published on :Small British companies may have received 640 million pounds in corona loans when they were not entitled to them. This was reported by the British state-owned bank British Business Bank. These companies received a loan through the Bounce Back Loan Scheme, which compensated small British companies for loss of income […]
Biggest Strike Ever By British Nurses
Published on :In the United Kingdom, nurses and paramedics were laid off from work en masse on Monday. They demand more pay. More than 100,000 male nurses and 10,000 paramedics are on strike on Monday. It is the largest strike ever within the National Health Service (NHS), the overarching British health system. […]
TotalEnergies and Air Liquide are Building More Than 100 Hydrogen Stations
Published on :Energy group TotalEnergies and chemical company Air Liquide will build a network of more than a hundred hydrogen stations for trucks in Europe. In the coming years, the filling stations must be placed along major roads in Benelux, Germany and France. The companies say they are pooling their knowledge to […]
Small Contraction for German Economy in Fourth Quarter
Published on :The German economy contracted slightly in the last quarter of 2022. In the fourth quarter, the largest economy in the eurozone had to contend with, among other things, a decline in consumer spending after three-quarters of growth. This was reported by the German statistics agency Destatis based on a new […]
Former Brazilian President Jair Bolsonaro Admits to Having Made Some Mistakes
Published on :Brazil’s former president Jair Bolsonaro has admitted he made “some mistakes” during his mandate. This is evident from a video published on Monday. “Every day was Monday for four years. There were indeed some defects, but that makes sense. We made certain mistakes,” Bolsonaro told supporters in the United States. […]
WEF Sees the Purchasing Power Crisis as the Biggest Global Risk in the Short Term
Published on :The purchasing power crisis will be the most significant global risk in the next two years. This is according to a report by the World Economic Forum. Next week the organisation’s annual meeting will take place in Davos, Switzerland. The WEF surveyed more than 1,200 politicians, business people, and civil […]
Slack Code Leaked
Published on :Messaging service Slack has temporarily lost control of its GitHub accounts. As a result, an unauthorized user who gained access could download some code repositories. The leak has now been fixed. Slack writes that in a blog post. The company does not say what the affected repositories are used for. […]
China Pauses Investments in the Chip Sector and is Looking for an Alternative
Published on :The Chinese government has, at least temporarily, stopped its major investments in its own chip industry. The country is suffering from many corona infections, which puts pressure on the world’s second-largest economy and public finances. According to sources from the Bloomberg news agency, talks are underway about definitively phasing out […]
Ryanair Signs Pay Deal With Irish Pilots
Published on :Irish low-cost airline Ryanair has reached an agreement on the wages of its pilots in Ireland, it announced on Tuesday. The four-year deal was signed with the Forsa union. According to Ryanair, the pilots in Ireland will soon receive the same wages as before the corona crisis. During the crisis, […]