Hundreds of Millions of British Corona Aid May be Fraud

Hundreds of Millions of British Corona Aid May be Fraud

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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 […]

TotalEnergies and Air Liquide are Building More Than 100 Hydrogen Stations

TotalEnergies and Air Liquide are Building More Than 100 Hydrogen Stations

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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 […]

Former Brazilian President Jair Bolsonaro Admits to Having Made Some Mistakes

Former Brazilian President Jair Bolsonaro Admits to Having Made Some Mistakes

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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

WEF Sees the Purchasing Power Crisis as the Biggest Global Risk in the Short Term

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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 […]

China Pauses Investments in the Chip Sector and is Looking for an Alternative

China Pauses Investments in the Chip Sector and is Looking for an Alternative

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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 […]