- Details
- Category: Economy
- Hits: 672
Colombia’s President Gustavo Petro wants to tax oil exports and the rich. This could raise 11.5 billion dollars a year for the country. Petro wants to use this money to fight poverty among the population and invest in universities and social programmes. This way, he aims for a fairer distribution of wealth in Colombia.
Read more: President Petro wants to change wealth distribution in Colombia
- Details
- Category: Economy
- Hits: 481
The world’s largest trial of a 4-day week in the UK has got off to a successful start and is already showing very positive results. So positive, in fact, that 86 percent of the companies surveyed are considering retaining the reduction in working hours with full pay after the trial phase. Back in the summer, CNN Business checked with employees and participating companies: The new daily routine is “phenomenal”.
Read more: World's largest trial in the UK: 86 percent want to keep 4-day week
- Details
- Category: Economy
- Hits: 423
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. Proponents point to the security and independence – critics to the high energy consumption and the fight against money laundering and tax evasion.
Read more: Ban or regulate: The world searches for a way to deal with cryptocurrency
- Details
- Category: Economy
- Hits: 529
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 analysed. Last year, some companies already tested the effects of shorter working hours – and have ended up switching permanently to a 4-day week.
Read more: 38 companies in the USA are testing the 4-day week
- Details
- Category: Economy
- Hits: 460
Spain and Portugal are the first in Europe to cap gas prices and make electricity cheaper by law. Starting in May, prices per megawatt hour will be lowered from €90 to €50. This is the result of intensive negotiations with the European Commission on an exemption from the liberalized European electricity market.
Read more: Spain and Portugal cap gas prices – thereby lowering electricity bills