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What Evergrande reports about China’s economic future
Chinese Evergrande has long been an icon. It is not just a real estate developer, but a conglomerate that has embarked on many different businesses, including the production of electric vehicles. Unfortunately, reaching such a huge size has come at the cost of enormous leverage. Leverage is the use of debt in order to undertake …
Netflix touts Korea’s success with $ 4.7 billion economic boost
A smartphone with the Netflix logo is visible on a keyboard in front of the words “streaming service” displayed in this illustration taken on March 24, 2020. REUTERS / Dado Ruvic / File Photo Netflix Inc. celebrated its successful foray into South Korea by highlighting its contributions to the country’s economy, which is increasingly fueled …
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European economy: playing defense in EU trade policy | Opinion
Maravillas Delgado Italy in the 1982 FIFA World Cup, Greece in the 2004 European Championship, Leicester City winning the Premier League in 2016 and Atlético de Madrid winning the Spanish La Liga soccer championship this year. All these teams have one concept in common: catenaccio. This defensive tactical system in football, based on the prevention …
Economy of Mallorca: Francina Armengol
The president of the Balearic Islands, Francina Armengol obtains paid less than any other regional leader in Spain, according to Forbes magazine. President Armengol receives an annual salary of just under 70,000 euros which is divided into 14 installments of one per month and two additional installments of 4,934 euros. The The Catalan leader’s salary …
BIS raw material quality standards to hit India’s circular economy hard
The implementation of the Bureau of Indian Standard (BIS) standards on raw materials is likely to affect India’s recycling business and possibly destabilize efforts to move from a linear to a circular economy. It could also force the closure of more than 5,000 treatment units across the country, experts said. Thousands of recycling units in …
Editorial – Presse-Républicain: getting vaccinated, helping the economy | Editorials
This editorial appeared in the Republican Press on September 15: PLATSBURGH – Anyone who wants to help strengthen the local economy can easily do so by getting vaccinated, wearing a mask, and avoiding large crowds. These are all measures that help us fight COVID-19, which has been responsible for serious damage to the economy in …
Latinx conference addresses economics, race and politics of change – non profit news
Photo by Black Sete from Pexels. As attendees of the Hispanics in Philanthropy (HIP) annual conference gathered, both in Los Angeles and online, the state of the Latinx community and how to build coalitions for social justice were at the heart of the agenda. Presenting a panel on the politics of change, moderator Efrain Escobedo, …
Rishi Says: UK Economy ‘Roars Back’ | Politics | New
Rishi says plan to slow down time off and get money back is now working (Image: PA Images) Official figures released last night confirmed companies were returning unused cash aid intended to keep workers on the payroll. Around £ 300million distributed under the Coronavirus Job Retention Scheme has been returned in the past three months. …
The stars appear to be aligning for Spain’s economy after catastrophic 2020 – EURACTIV.com
The Spanish economy appears to be recovering faster than expected after a catastrophic 2020 marked by the coronavirus pandemic, with the latest forecasts pointing to robust growth in 2022 and 2023. Reports from EURACTIV partner EFE. On Tuesday, the Spanish Socialist Minister of Economic Affairs, Nadia Calviño, stressed that “the first quarter of 2022 will …
The perfect storm of the Chilean economy
The pandemic is no longer the greatest risk for the Chilean economy, which over the past three decades has been one of the most stable in the region. Economists from different political sectors agree that the problem lies in a disorderly exit from the crisis, due to the great impact of consecutive withdrawals from pension …
The circular economy, the new economic market underway
In Italics Magazine, we studied Italy’s position in Europe on recycling, such as a recent Symbola Foundation report in February declared Italy on the podium with France and the UK followed by Germany – the Italian rate stands at 79%, the French at 56%, the British at 50% and the Germans at 43 %. Italy …
EU bureaucracy will have ‘catastrophic’ impact on Irish economy, tax expert says ‘We warned you’ | World | News
France: Expert discusses decision to fine Google Bob Lyddon was commenting on a new survey released last week by the Irish Council for Civil Liberties (ICCL). It suggested that Ireland – led by Taoiseach Micheal Martin, with former leader Leo Varadkar as his Tanaiste or deputy – was not applying Europe’s broad privacy laws to …
The belligerent plans for the German economy are full of holes
“I I HOPE YOU I’ll never have to see it like that again, â€says Markus Quint, communications manager at Frankfurt’s Messe (exhibition center), as he examines 440,000 square meters of empty halls from a 22nd-floor terrace. When the pandemic struck last spring, the Messe, which had welcomed nearly 2.5 million visitors in 2019, had to …
Critical, interdisciplinary and decolonial perspectives – Middle East Monitor
The decolonial approach of this collection of studies offers an important and sometimes overlooked perspective on how Palestinians found themselves trapped in a colonialist and neoliberal project. “The Political Economy of Palestine: Critical, Interdisciplinary and Decolonial Perspectives” (Palgrave Macmillan, 2021) illustrates how Palestinians live between erasure and endurance in the face of Israel’s colonial expansion, …
The German economy under the reign of Angela Merkel
BERLIN – The Germans are doing better than ever. In many ways, the economy has broken records under the reign of outgoing Chancellor Angela Merkel: household financial assets have peaked; the number of jobs reached an all-time high before the pandemic struck in early 2020; GDP – the sum of all goods and services produced …
Yemen calls on GCC to support deteriorating economy – Middle East Monitor
Yemeni Foreign Minister Ahmed Awad Bin Mubarak yesterday called on member states of the Gulf Cooperation Council (GCC) to hold an emergency conference to provide economic support to Yemen and help the government deal with the deterioration of the country’s economy. “We are suffering from economic catastrophe and deteriorating economic and social development indicators in …
Russia’s greatest enemy? Its own economy
Like Obama before him, Biden sees Russia as a regional power hampered by internal weakness, not a threat worth spoiling relations with Germany, especially when there is a real strategic challenger in the form of China to face. Russia is a second-order problem to park and manage. There is a lot to be said for …
SYSTEMIQ publishes circular economy report ahead of Climate Week
The systems change company SYSTEMIQ published a report on the circular economy on behalf of the SUN Foundation and with the assistance of the Ellen MacArthur Foundation. Ahead of this year’s Climate Week, an annual showcase of leading climate action, the ‘Everything-as-a-Service’ (XAAS) report provides insight into how global communities can transform models of climate …
Four Nations hail Saudi Arabia, UAE efforts to support Yemen’s economy
RIYAD – The ambassadors to Yemen from Saudi Arabia, the United Arab Emirates and the United Kingdom, and the charge d’affaires of the United States met on Wednesday (September 15) to discuss the situation in Yemen, in particular issues related to the economy of Yemen. . Quad nations have noted with concern the depreciation of …
Reviews | Do we need to shrink the economy to stop climate change?
This article is part of the Debatable newsletter. You can register here to receive it on Tuesdays and Thursdays. If there is a dominant paradigm for how politicians and economists today think about solving the problem of climate change, it is called green growth. According to the green growth orthodoxy – whose adherents populate European …
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PRISA Media presents its new organizational structure | Economy and business
PRISA Media continues to move forward on its new roadmap, and announced a new organization that will allow more agile and efficient management, based on digital transformation and the convergence of resources around seven transversal platforms: Commercial, Digital and Technology, Audio, Operations, Human Resources and Talent, Legal and Marketing, and Public. The new structure has …
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Electricity: Spain announces new measures to lower soaring energy bills | Economy and business
Electricity meters inside a building in Seville.PACO PUENTES (EL PAS) Spanish Prime Minister Pedro Sánchez on Monday evening announced a series of measures aimed at lowering soaring costs of natural gas and electricity for consumers. Spain’s wholesale electricity market, which sets the amount paid by companies that supply electricity to households, has seen record prices …
Camptoo acquires the sharing economy platform Out2Camp
Netherlands/Scandinavia: Motorhome and motorhome rental marketplace Camptoo has announced the acquisition of Nordic sharing platform Out2Camp. Camptoo, which was founded in 2014 in the Netherlands, connects owners and renters of motorhomes, motorhomes and touring motorhomes. Ranked the fastest growing travel agency in 2020 [FT1000]Camptoo users have booked more than 500,000 days in vehicles rented through …
Spain had a plan to fix the odd-job economy. it did not work
Under Spain’s new employment rules, courier Daniel Freitas should now be on staff at two of the country’s largest take-out companies. Yet he still roams popular restaurants with one goal in mind – to earn $ 50 a day working for food delivery apps Deliveroo and Glovo. He says he won’t be able to get …
A hotel complex ready to boost tourism and the economy of Negros Occidental in the midst of a pandemic
WESTERN NIGS. Resorts Negrense owner Enrique Rojas (second from right) with his wife, Lourdes (left), Negros Occidental tourism agent Jennylind Cordero (right) and Casa Noble president Ging Noble (second left) during the reopening of the Barangay Punta Taytay resort in Bacolod City on September 8, 2021. Also pictured are Bacolod City Councilors Israel Salangga and …
An economy back on track – The New Indian Express
The recent release of India’s first quarter statistics warrants an article discussing the numbers, but more importantly, analyzing the likely trajectory of the economy going forward. Such a discussion is important because many have been worried about their future economic conditions. Even as the growth statistics were dissected, many were quick to point to the …
Spanish Economy Minister sees minimum wage hike approved in September | Invest News
MADRID (Reuters) – Improving economic conditions should allow Spain to approve a long-awaited minimum wage hike in September, the economy minister said on Monday, ending months of back-and-forth comes between unions and companies. The “limited” increase would take effect as early as October, Economy Minister Nadia Calvino said in an interview with Spanish television channel …
Economy of Mallorca: Millionaires of the Balearic Islands
More than 8,000 taxpayers in the Balearic Islands have an asset of one million euros, according to figures from the Tax Agency for 2019. 8,127 declared assets of more than 26,000 million and the average amount rose to 3.24 million, from nearly 3.1 million a year earlier. The Balearics now have the 5th highest average …
Malmö experiments with the “sharing economy”
Malmö experiments with the “sharing economy†The city is home to one of four Swedish testbeds seeking a new paradigm for city living (VIDEO) A national program is currently taking place in Sweden called “Sharing Citiesâ€. It is a multi-stakeholder initiative aimed at tackling the excessive consumption of resources prevalent in contemporary societies. The alternative …
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Spain’s tourist industry celebrates a beautiful summer season | Economy and business
The crisis that hit the Spanish tourism industry following the coronavirus pandemic appears to be over. For more than a year, the sector – which is one of Spain’s main economic engines – has struggled for its survival, with the number of tourists visiting the country at an all-time high. But this summer is on …