finance

The Rise of Web Shops and Successful Online Brands

In the digital age, the rise of web shops has transformed the way consumers shop and brands operate. No longer constrained by physical storefronts, businesses have embraced the online marketplace, allowing consumers to shop with utmost convenience from the comfort of their homes. Imagine a world where customers can explore […]

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Dubai Investing: Unlocking the Potential of Your Money

Dubai has long been known as a hub for luxury and extravagance, but it is also quickly becoming a top destination for investors. With its booming economy and stable political climate, many are wondering if it is worth investing in Dubai real estate. In this article, we will explore the […]

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Nobel Prize Winner Stiglitz wants 70% tax on top incomes

Nobel Prize winner Joseph Stiglitz is concerned about increasing social inequality in the world. The gap between rich and poor is widening. To reverse the trend, he calls for the super-rich to pay a higher income tax and a wealth levy. He says introducing a special global tax rate of […]

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Scotland bans rent increases and stops evictions

Rent prices are being frozen in Scotland until at least March 2023 – evictions are also to be suspended. The Scottish First Minister sees the cost of living crisis as a “danger to life” and demands an energy price cap from London. This is a “humanitarian emergency”, says Scottish First […]

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“Work will pay again”: EU directive for adequate minimum wage

The EU Parliament agrees on the new directive for an adequate minimum wage. In the future, the cost of living, purchasing power, general economic growth, and the wage structure of an EU member state will be used as benchmarks for the national minimum wage. The new directive obliges EU member […]

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Greece: Energy companies must give up 90 percent of their extra profits to cover electricity costs for citizens

Energy and power companies are among the biggest beneficiaries of the current crisis. Bills are skyrocketing for the population, while energy suppliers are making billions in profits. In Greece, energy companies must now pay 90 percent of their excessive crisis profits to the state. The conservative government wants to use […]

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Price limits, vouchers, and tax cuts: Unlike Austria, most governments are trying to fight inflation

Energy prices are going through the roof. But for the first time, the Austrian government did not decide on anything at the energy summit. Many other European governments have already taken measures against inflation in the summer and are now extending them—relatively unattached to the ruling party’s colour. Whether Orbán […]

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