German carmaker Volkswagen announced that it will cut 5000 to 7000 jobs by 2023, mostly through retirement offers, to reduce operating costs by $6.6 billion, as it plans to invest $21 billion in next five years in developing cleaner electric vehicles and electromobility technology. The company, which had affected by...
Vicki Squire, University of Warwick Refuting what he called populist “misinformation”, the first vice-president of the European Commission, Frans Timmermans, has stressed that: “Europe is no longer experiencing the migration crisis we lived in 2015, but structural problems remain.” The commission emphasises that the current level of arrivals is just...
Norway's government has announced that it will continue investing in big oil companies, though it will sell its stake in oil and gas explorers and producers. The $1trillion fund — the world's biggest sovereign fund —  will thus keep its investments in companies such as Shell, BP, Total and ExxonMobil,...
A new World Banks study has chosen Bulgaria as among the highest performing economies in women's legal rights affecting work. With a population of 7.1 million, the country scored 93.75 in the index and is one of six economies that removed all job restrictions on women over the ten-year period. The...
 by Morgan Erickson-Davis, Mongabay This week, Norway’s Government Pension Fund Global – the world’s largest sovereign wealth fund – released its 2018 holdings. Thirty companies were divested from on the basis that they “impose substantial costs on other companies and society as a whole and so are not long-term...
As a major step towards ending the austerity measures the country had adopted to deal with an economic crisis, Greece has announced an increase of the country's minimum wages. Greece’s prime minister, Alexis Tsipras, said that the standard monthly minimum wage would rise by 11%, from €586 (£509) to €650....
In a historic moment, the Greek parliament has ratified a deal that approves country’s northern neighbour Macedonia to change its name to North Macedonia. Out of the 300 MPs, 153 voted in support of the deal, which ended bitter diplomatic relations that the countries held over the name, which has...
Calling for more international cooperation in solving pressing problems of the world, UN Secretary-General António Guterres said that although world’s problems are “more and more integrated”, the response to them is increasingly “fragmented” and “dysfunctional”. Speaking to the gathering of the global elite at the World Economic Forum (WEF) in...
Katy Wheeler, University of Essex To sort or not to sort, that is the question. Lots of people wonder whether it’s really worth their time and effort to separate, wash and store recyclable materials – especially if it takes more energy to recycle, or if the plastics sent for recycling...
The British Parliament on Tuesday overwhelmingly voted against a deal that the Theresa May government had reached with the European Union to allow an orderly exit of the country from the EU. The vote, which saw 432 MPs of the lower House of Commons voting against and only 202 in...

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