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The US halts global CO2 tax on cargo ships
The debate surrounding CO₂ emissions from cargo ships attracted considerable attention. At the International Maritime Organization meetings in London, the US delegation took a firm stance, rejecting a global levy on high-emission vessels. From the US perspective, this levy would have increased trade costs, as stricter emissions limits would have triggered substantial expenses. In discussions…
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22,000 apple trees are to be cleared for a solar park
Long-standing fruit production is coming to an end on the site near Sarstedt-Ruthe because Leibniz University Hannover is planning a large-scale solar park there. A total of 22,000 apple trees are to be cleared for the project. The decision affects not only the use of the farmland but also the university’s increasing energy needs and…
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Industrial electricity price – a costly mistake
The industrial electricity price dominates energy policy, but the very start of the debate reveals a remarkable spectacle: leading coalition representatives are patting themselves on the back, even though reality is making their self-portrayal absurd. While politicians speak of historic relief, businesses are struggling with record prices and increasing cost pressures. This discrepancy seems almost…
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Prime Minister Haseloff states what most people already know – Germany is bankrupt
Saxony-Anhalt’s Minister-President Reiner Haseloff, appearing on Maybrit Illner’s talk show, used words that few top politicians express so openly. The longest-serving head of government in the country used a phrase that sounded like a blow to the political establishment: “We are essentially bankrupt.” This statement wasn’t uttered impulsively, but rather out of frustration with a…
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Mercedes strengthens Hungary’s automotive industry with new research and development center
Hungary is strengthening its role in the automotive industry and, with the new Mercedes-Benz research and development center, is gaining greater international attention. The company is thus sending a clear signal in support of electromobility, dynamic investment, and the expansion of its local production facilities. This initiative serves as a catalyst for the entire automotive…
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Britain is building its first mini-reactor in North Wales
North Wales is facing a major transformation, as the UK’s first small-scale reactor is set to be built at the Wylfa site. This was officially announced by the British government in a press release on November 13th. The northern region will benefit from new jobs, modern technology, and a significant influx of infrastructure. The project…
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Swiss labor market facing headwinds: Unemployment climbs above a key threshold
Switzerland is experiencing a period of significant uncertainty, as the labor market is showing clear signs of weakness. The recent rise in unemployment is putting a strain on many households, especially as the economy is losing momentum and companies are planning more cautiously. According to the latest statistics from the Federal Statistical Office, the unemployment…
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Despite ambitious climate targets, demand for fossil fuels continues to rise
Global demand for fossil fuels remains high, despite many countries announcing ambitious targets. This growing demand directly impacts high expectations for the energy transition, which is nevertheless progressing slowly in many regions. At the same time, fossil fuels continue to dominate markets, even as political programs aim for the rapid electrification of the economy. This…
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Billions are wasted – yet global CO2 emissions continue to rise relentlessly
Current research on global CO2 emissions reveals a sobering reality: despite massive climate investments, emissions continue to rise. Despite multi-billion-dollar emissions reduction programs, the persistently high CO2 levels demonstrate that key policy measures are largely ineffective and many strategies for reducing fossil fuels are clearly failing to meet their targets. What is saved at one…
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Norway’s wealth tax is leading to lower revenues due to massive capital flight
Europe is experiencing a period of intense capital flight, which is hitting Norway and the UK particularly hard. Both countries opted for stricter wealth taxes and a more stringent tax policy, hoping for increased revenue, but achieved precisely the opposite. The capital flight triggered massive outflows of assets, exacerbated their decline in competitiveness, and significantly…
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Over half of the balsa wood used for wind turbines comes from illegal logging
Global demand for balsa wood has reached a critical point, as the booming wind power industry is putting immense pressure on the Amazon region. In the heart of the rainforest, destruction is accelerating rapidly because many traders rely on illegal logging to meet the rising demand. This fragile ecosystem is increasingly collapsing, as even protected…
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Bankruptcies reach record high in October – German companies fight for survival
German corporate bankruptcies have reached a new record high. Amid the economic downturn, small and medium-sized enterprises (SMEs) are particularly under pressure. The number of insolvencies rose significantly in October, with the construction industry, restaurants, and logistics sectors being especially hard hit. In addition to this new record, high energy costs, consumer restraint, excessive bureaucracy,…
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Nokia’s withdrawal from Munich puts over 700 jobs at risk
Nokia plans to close its Munich site, a move with far-reaching consequences for more than 700 employees and thus for the jobs there. The company is restructuring and relocating key functions to other regions. This gives topics such as digital sovereignty, modern network technology, and strong research facilities added importance. The manufacturer is pursuing an…
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Climate aid: Billions flow into wealthy countries – Germany contributes as a donor country
The allocation of climate aid is facing increasing criticism, as a large portion of the funds goes to economically powerful nations, with Germany contributing billions annually. While fragile countries barely benefit, a number of recipients with high emissions and substantial revenues receive considerable sums. These subsidies from industrialized nations were originally intended to support vulnerable…
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Hungary’s tax policy – engine of dynamic economic development
For years, Hungary’s tax policy has shaped the country’s economic direction, influencing the tax rate, competitiveness, investment climate, and corporate tax structure. The tax code establishes clear parameters, while the capital environment fosters additional growth. This combination strengthens the economy’s performance and provides a stable foundation in a changing European landscape. This tax policy has…