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 […]
Read MoreScience a key ally to tackle the multiple challenges we face — Jean-Eric Paquet
Science a key ally to tackle the multiple challenges we face — Jean-Eric Paquet Over the past four years of tenure, it’s been a bumpy ride at times. What kept you awake at night the most? Well, there are two things which kept me awake at night occasionally, and I’m […]
Read MoreScotland 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 […]
Read MoreUK: 4-Day week trial shows first successes
The world’s largest trial of a 4-day week in the UK has got off to a successful start and is showing initial positive results. CNN Business questioned employees and participating companies: Many do not want to go back to the long working hours after the test phase – that’s how […]
Read MoreFighting inflation: Spain makes public transport free until the end of the year
The socialist government in Spain is making public transport free of charge in response to inflation. Passengers can use the trains of the state railroad company free of charge until the end of the year. The only exceptions are long-distance trips and tickets for single journeys. With this measure, Spain […]
Read MoreSpain is fighting food waste by holding companies accountable
Spain obliges supermarkets, retailers, and restaurants to reduce the amount of food waste. An average of 31 kilos of food per Spaniard ends up in the rubbish each year. The new rule requires edible goods to be donated, and products close to their best-before date will be reduced in price. […]
Read More“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 […]
Read MoreBan or regulate: The world searches for a way to deal with cryptocurrencies
China bans cryptocurrencies. The Central African Republic is making Bitcoins a legal tender. Meanwhile, the EU failed to require the crypto industry to be more sustainable: Conservatives and the Right prevent the paragraph demanded by the Social Democrats. The world is divided on how to deal with cryptocurrencies like Bitcoin. […]
Read MoreWorking shorter hours: 38 companies in the USA are testing the 4-day week
After success stories from Iceland and news about the large-scale field trial in Great Britain, a pilot project on the 4-day week is now starting in the USA. 38 companies are testing the 4-day week while the results are being scientifically analyzed. Last year, some companies already tested the effects […]
Read MoreGreece: 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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