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Benko stated that he now earns 3,700 euros per month: VIENNA. Benko can currently only make a living through the support of his family (especially his mother).
nachrichten.at/wirtschaft/benko-gab-an-nun-3700-euro-monatlich-zu-verdienen;art15,3933669
Software engineer can hardly save anything despite earning 10,600 euros a month: With a bachelor's degree in computer science, Arno earns the equivalent of 127 ...
focus.de/finanzen/arbeitet-fuer-schweizer-unternehmen-software-ingenieur-kann-trotz-10-600-euro-gehalt-im-monat-kaum-etwas-sparen_id_259793228.html
Quick Glance: Software Engineer Earns 10,600 Euros and Saves Little
- Arno earns 127,270 euros per year in Switzerland with a bonus.
- After deducting fixed costs, he is left with only 500 euros.
- Despite a high salary, minimal savings are left due to high expenses.
- Comparison to average salary of software developers in Germany.
Pension: Almost 900 euros go to waste! Soon it will come thick and fast: The financial burden is likely to increase significantly in just a few years ...
derwesten.de/politik/rente-rentenbeitrag-2035-id300898187.html
A rancher finds three newborn lynxes in his haystack in Spain: Births of this type are not frequent, although there are several cases of females choosing ...
english.elpais.com/international/2024-03-26/a-rancher-finds-three-newborn-lynxes-in-his-haystack-in-toledo.html
35 million euros sent in circles: Did René Benko deceive his investors?: In the summer of 2023, René Benko is said to have withdrawn 35 million euros from his ...
diepresse.com/18317120/35-millionen-euro-im-kreis-geschickt-hat-rene-benko-seine-investoren-getaeuscht
German asparagus costs almost 20 euros per kilo - when the prices will fall now: For many people, fresh asparagus belongs on the table at Easter ...
focus.de/finanzen/news/preisschock-zu-ostern-deutscher-spargel-kostet-fast-20-euro-pro-kilo-wann-jetzt-die-preise-fallen_id_259806107.html
Euro-Area Economic Confidence Improves, Feeding Turnaround Hopes: Euro-area economic confidence improved, supporting expectations that the region can soon move ...
bloomberg.com/news/articles/2024-03-27/euro-area-economic-confidence-improves-feeding-turnaround-hopes
Wage dispute ended: Deutsche Bahn & GDL have reached an agreement: An ICE train travels on the line between Hanover and Hamburg. The wage dispute at Deutsche ...
morgenpost.de/politik/article241969198/Tarifstreit-beendet-Deutsche-Bahn-GDL-haben-sich-geeinigt.html
Quick Glance: Tariff Dispute Resolved: Deutsche Bahn & GDL Reach Agreement
- The lengthy tariff dispute between Deutsche Bahn and the GDL union was resolved after more than four months.
- The core of the agreement is the reduction of working hours to a 35-hour week with a range of 35 to 40 hours until 2029.
- In addition to the working hour arrangement, a salary increase of 420 euros in two stages was agreed upon, along with an inflation compensation premium.
- The negotiations were marked by strikes and bargaining phases, ultimately leading to an agreement, avoiding strikes until the end of February 2026.
Controversial funding: Wissing wants 150 million euros for air taxis: Transport Minister Volker Wissing wants to invest millions in an air taxi company ...
faz.net/aktuell/wirtschaft/unternehmen/volocopter-wissing-will-150-millionen-euro-fuer-flugtaxis-19610407.html
Quick Glance: Transport Minister to Invest Millions in German Flying Taxi Startup
- Transport Minister Volker Wissing plans to invest 150 million euros in Volocopter despite a strict budget cut.
- The investment risks lie with taxpayers, as the funds are solely allocated to Volocopter.
- Auditors warn of the high risks associated with the investment in the flying taxi startup.
- Volocopter aims for a type certification in summer 2024, but doubts exist regarding the ambitious timeline.
Signa: Former Chancellor Kurz's company waives claim for millions: SK Management should have asserted an outstanding fee claim of 1.65 million euros in the ...
diepresse.com/18316495/signa-firma-von-ex-kanzler-kurz-verzichtet-auf-millionenforderung
Coastguards rescue 124 migrants off Spain's Canary Islands: Spanish coastguards rescued 124 migrants, including young children and a person needing a wheelchair ...
reuters.com/world/europe/coastguards-rescue-124-migrants-off-spains-canary-islands-2024-03-28/
End for Adidas at the DFB: Sports economist Breuer: DFB's change of supplier is "without alternative"
faz.net/aktuell/wirtschaft/sportoekonom-breuer-ausruesterwechsel-des-dfb-ist-alternativlos-19607836.html
Quick Glance: Criticism of Nike: Politicians Disappointed by Equipment Change at DFB
- The DFB's switch from Adidas to Nike has sparked criticism from politicians such as Robert Habeck and Karl Lauterbach.
- U21 trainers and other affected individuals express surprise at the equipment change.
- The DFB responds to the emotional reactions and emphasizes the economic reasons behind the decision.
- Nike is expected to pay the DFB over 100 million euros per year from 2027 onwards, surpassing Adidas's previous sum.
Large-scale influence operation: How deep is the AfD in the Russia swamp?: Several hundred thousand euros are said to have flowed from Russia to politicians in ...
spiegel.de/politik/deutschland/afd-spendenaffaere-neue-enthuellungen-ueber-geldfluesse-aus-russland-a-0633977a-c07f-484b-b6f7-b826b52ed8ad
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Spain suspends Telegram ban to investigate impact on users: Spain's High Court has suspended its own order that was set to block messaging app Telegram's ...
thenextweb.com/news/spain-suspends-telegram-ban-investigate-impact-users-tech
China Scoops Its Own News With Positive Data: I’m Katia Dmitrieva, Asia economics correspondent in Hong Kong. Today we’re looking at China’s messaging strategy ...
bloomberg.com/news/newsletters/2024-03-25/china-scoops-its-own-news-with-positive-data
Citizen's income on "Hart aber fair": "They want to turn the welfare state into a land of milk and honey"
n-tv.de/politik/Sie-wollen-Sozialstaat-nach-Schlaraffenland-machen-article24830862.html
The social power of modular tiny homes: A groundbreaking project led by a small NGO in Cambridge, England is exploring innovative approaches to providing ...
english.elpais.com/lifestyle/2024-03-27/the-social-power-of-modular-tiny-homes.html
The Benko merry-go-round: René Benko had a good 35 million euros withdrawn from his ailing Signa Group in the summer of 2023 in order to pay it back into Signa ...
news.at/a/benko-karusell
Drama in Spain - German wants to save 16-year-old from sea - both die: A 32-year-old German wants to save a 16-year-old in Spain who fell into the sea in high ...
stuttgarter-nachrichten.de/inhalt.drama-in-spanien-deutscher-will-16-jaehrigen-aus-meer-retten-beide-sterben.0036bc0b-2ebe-4fda-ae40-710ace38d434.html
Lauterbach now has to explain €45 million problem due to vaccination campaign: An expensive vaccination campaign by the Ministry of Health under Karl Lauterbach ...
focus.de/politik/deutschland/auch-verwirrung-um-agentur-wegen-impfkampagne-muss-lauterbach-jetzt-45-millionen-euro-problem-erklaeren_id_259801273.html
JPY EUR: Yen Falls to Lowest Against Euro Since 2008 After BOJ Rate Hike: The yen fell to the weakest level since 2008 against the euro on speculation the Bank ...
bloomberg.com/news/articles/2024-03-20/yen-falls-to-lowest-since-2008-vs-euro-as-boj-path-seen-gradual-ltz2jkrf
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Quick Glance: Fate of BOJ's Stimulus Tools Revealed
- The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.
- The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.
- Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.
- The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
Profit doubled: Strong year for motorhome manufacturer Knaus Tabbert: The caravan- and mobile home manufacturer Knaus Tabbert from Jandelsbrunn (Freyung-Grafenau ...
pnp.de/lokales/landkreis-freyung-grafenau/gewinn-verdoppelt-starkes-jahr-fuer-wohnmobilhersteller-knaus-tabbert-15740166
End of the VAT reduction: gas prices are likely to rise significantly from April: Consumers must be prepared for significantly higher gas prices from April ...
spiegel.de/wirtschaft/service/gaspreis-experten-sagen-ab-april-anstieg-wegen-mehrwertsteuersenkung-voraus-a-390b05da-5efe-4ff0-8b6f-376e446a04db
Vodafone wants to save costs - and is cutting 2,000 jobs in Germany to do so: Vodafone Germany is launching a restructuring and savings program - and wants to ...
hna.de/wirtschaft/vodafone-baut-in-deutschland-2000-stellen-ab-zr-92914204.html
Signa Chief Restructuring Officer: "This sick man will not get better": Erhard Grossnigg, outgoing Chief Restructuring Officer at Signa, on the imminent complete ...
profil.at/investigativ/grossnigg-ueber-signa-dieser-kranke-wird-nicht-mehr-gesund/402834238
Thousands of Wien Energie customers get their money back: An average household could get up to 275 euros back, as the energy supplier announced on Monday ...
diepresse.com/18306901/tausende-wien-energie-kunden-bekommen-geld-zurueck
Cash blessing for BSW: Wagenknecht party receives major donation of almost 4.1 million euros
spiegel.de/politik/deutschland/bsw-ehepaar-spendet-sahra-wagenknechts-partei-fast-4-1-millionen-euro-a-8e86f263-3737-4c97-8d67-b42648e777a1
Biontech: Bringing the first cancer drug onto the market in 2026: The Mainz company Biontech is known for its Covid-19 vaccine - and rich - become ...
op-marburg.de/gesundheit/biontech-erstes-krebs-medikament-2026-auf-den-markt-bringen-KIDG6SA66BLXRM2UL6P2I6UBSY.html
Quick Glance: BioNTech Focuses on Cancer Drug Development after Revenue Plunge
- BioNTech reported a significant drop in revenue and earnings in 2023 as it shifts focus towards cancer drug development.
- The company aims for revenues between 2.5 billion to 3.1 billion euros in 2024.
- BioNTech plans to launch its first oncology drug in 2026 and secure ten indication approvals by 2030.
- Partner Pfizer anticipates a decline in sales for the COVID-19 vaccine, while BioNTech invests in scaling up its oncology business.
The bodies of a Mexican and a Guatemalan recovered after Baltimore bridge collapse
english.elpais.com/usa/2024-03-28/the-bodies-of-a-mexican-and-a-guatemalan-recovered-after-baltimore-bridge-collapse.html
Quick Glance: Baltimore's Key Bridge: A Patriotic History and Tragic Collapse
- Baltimore's Key Bridge, which collapsed after being hit by a cargo ship, has a deep and patriotic history.
- Built between 1972 and 1977, the bridge holds historical significance beyond being a transit route.
- Close to the bridge are the ruins of Fort Carroll, an unfinished military post with impressive architecture.
- The Key Bridge served as a crucial transportation link and local landmark before its collapse.
Consumer study: Prices for electricity and gas have fallen significantly: Switching can apparently be worthwhile: According to a new evaluation ...
faz.net/aktuell/finanzen/strom-und-gas-im-ersten-quartal-deutlich-guenstiger-als-in-vorjahren-19604501.html
ÖAMTC warns: Why filling up on Good Friday is not recommended: If you fill up your tank during Easter, you should avoid Good Friday. The traffic club identifies ...
kleinezeitung.at/wirtschaft/18314055/warum-am-karfreitag-vom-tanken-abzuraten-ist
96 in the sponsor trap - Kind's basement vault instead of Brainhouse, the rescue is called promotion
neuepresse.de/sport/regional/96-in-der-sponsorenfalle-kinds-kellertresor-statt-brainhouse-die-rettung-heisst-aufstieg-VUPATYAPMNBXLLUC5CQ6DXRIDY.html
Signa: Construction tycoon Georg Stumpf offers one billion euros for real estate package
diepresse.com/18305787/signa-bau-tycoon-georg-stumpf-bietet-eine-milliarde-euro-fuer-immo-paket
Which generations receive the highest pensions - and which ones least: Those who pay in for a particularly long time receive the highest pensions - It's not that ...
focus.de/finanzen/altersvorsorge/rente/jahrgaenge-im-vergleich-welche-generationen-die-hoechsten-renten-bekommen-und-welche-am-wenigsten_id_259804965.html
Device financing increases risk: consumers accumulate more debt due to smartphones
n-tv.de/ratgeber/Verbraucher-haeufen-mehr-Schulden-wegen-Smartphones-an-article24833471.html
Germany's debt will rise to 2.6 trillion euros in 2023: Last year, the mountain of debt in Germany grew by 62 billion euros to 2.6 trillion euros. The debt ratio ...
tagesschau.de/wirtschaft/schulden-deutschland-bundesbank-billionen-100.html
Deutsche Bahn: Half a billion euros spent on IT consultants in 2023: The railway spent half a billion euros on IT services in 2023. This also includes 160 ...
businessinsider.de/wirtschaft/deutsche-bahn-gab-im-vergangenen-jahr-eine-halbe-milliarde-euro-fuer-externe-beratungsleistungen-im-it-bereich-aus/
RKI gives away almost one million euros: Letters with 5-euro bills in circulation
mz.de/deutschland-und-welt/politik/rki-robert-koch-institut-verschenkt-fast-eine-million-euro-bei-umfrage-briefe-mit-5-euro-scheinen-im-umlauf-3809297
Fast network with pitfalls: The fiber optic connection is not worth it for everyone
faz.net/aktuell/finanzen/glasfaserausbau-in-deutschland-endlich-schnelles-netz-19604877.html
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Backers settle accounts with Signa:Billionaire Benko investor: "Infinitely disappointed in myself"
kleinezeitung.at/wirtschaft/18304244/milliardenschwerer-benko-investor-unendlich-enttaeuscht-von-mir-selbst
Report: Fraud uncovered in German test for immigrants: A language test for immigrants was probably cheated. The correct answers could be bought for 250 euros.
berliner-zeitung.de/news/bericht-betrugsfaelle-bei-deutsch-test-fuer-zuwanderer-aufgedeckt-li.2200048
Annual adjustment: pensioners should receive almost five percent more: Thanks to strong wage increases in 2023, pensions are also expected to rise significantly ...
spiegel.de/wirtschaft/soziales/rente-offenbar-anstieg-um-4-57-prozent-im-sommer-a-abd47a0d-b15b-41c3-ba5d-985a15d0cd30
Quick Glance: Increase in Pensions for 21 Million Germans: Details and Implications
- Starting on the first of July, 21 million retirees will receive a higher pension.
- Pension adjustment stands at 4.57% in both East and West Germany.
- The increment depends on the gross pension and impacts net amounts.
- Authorities are devising strategies for sustainable pension funding.
Karl Lagerfeld's luxury apartment auctioned off for ten million euros: Ten million euros - that's how much the former apartment of the now deceased Karl ...
diepresse.com/18312807/luxus-wohnung-von-karl-lagerfeld-fuer-zehn-millionen-euro-versteigert
Quick Glance: Karl Lagerfeld's Paris Apartment: Auction and Insights
- Karl Lagerfeld's last Parisian apartment was auctioned for nearly 10 million Swiss Francs.
- The 260-square-meter apartment on Quai Voltaire was his home with his cat Choupette.
- The apartment, overlooking the Seine and the Louvre Museum, housed Lagerfeld's carefully curated designer furniture.
- The auction required a one million Swiss Franc upfront payment, and the anonymous buyer was represented by a lawyer on-site.
IKEA SJÖSS: 45 watts for 15 euros: Cables, wireless charging products and power adapters are not new to IKEA. Personally, I never really warmed to it, but still. ...
stadt-bremerhaven.de/ikea-sjoess-45-watt-fuer-15-euro/
Financial policy: German mountain of debt increased by a good three percent in 2023
handelsblatt.com/politik/deutschland/finanzpolitik-deutscher-schuldenberg-2023-um-gut-drei-prozent-gestiegen/100028172.html
Are you one of them? From what salary you are considered rich in Germany: Is 3,000 euros net per month enough? Or is it much more? From this income you are ...
az-online.de/ratgeber/geld/gehalt-vermoegen-wann-sie-reich-gelten-deutschland-reichtum-einkommen-zr-92904914.html
Striking idea: Russian interest for Ukrainian weapons: Proceeds from Moscow Central Bank deposits blocked in the EU are to be used for the supply of weapons to ...
freitag.de/autoren/der-freitag/frappierende-idee-russische-zinsen-fuer-ukrainische-waffen
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Woman raises more than €500k since first Daffodil Day: Hundreds of volunteers around the country are taking part in Daffodil Day, with the society aiming to ...
rte.ie/news/ireland/2024/0322/1439383-daffodil-day/
Advertising bans and fines: France's fight against the "throwaway fashion" of Shein & Co
faz.net/aktuell/wirtschaft/frankreichs-kampf-gegen-die-wegwerfmode-von-shein-co-19608834.html
Spain’s Outlook Raised to Positive at Moody’s on Growth Model: Spain’s credit profile outlook was lifted to positive at Moody’s Ratings, on the back of forecasts ...
bloomberg.com/news/articles/2024-03-16/spain-s-outlook-raised-to-positive-at-moody-s-on-growth-model
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Energy transition: EnBW boss calls for quick concretization of the power plant strategy
faz.net/aktuell/wirtschaft/unternehmen/enbw-chef-fordert-konkretisierung-der-kraftwerksstrategie-19616094.html
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Nuclear power, no thanks? How appealing is Environment Minister Lemke's study?: A new study concludes that nuclear energy has no future. The 274 ...
nzz.ch/international/die-deutsche-umweltministerin-und-die-atomkraft-wie-gefaellig-darf-eine-studie-sein-ld.1823176
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Gustav Klimt's “Portrait of Fräulein Lieser” could fetch more than 50 million euros
nzz.ch/feuilleton/jahrhundertfund-klimts-bildnis-fraeulein-lieser-koennte-50-millionen-euro-bringen-ld.1822796
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Worldcoin hit with another ban order in Europe citing risks to kids: Controversial crypto biometrics venture Worldcoin has been almost entirely booted out of ...
techcrunch.com/2024/03/26/worldcoin-portugal-ban/
German Business Outlook Improves Much More Than Expected: Germany’s business outlook improved much more than anticipated — feeding hopes that the economy will ...
bloomberg.com/news/articles/2024-03-22/german-business-outlook-improves-much-more-than-expected
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Millionaire in 4 years: This is how Dr. Carmen Mayer makes a million with stocks, gold and cryptocurrency
boerse-online.de/nachrichten/geld-und-vorsorge/millionaerin-in-4-jahren-so-schaffte-dr-carmen-mayer-die-million-mit-aktien-gold-und-kryptowaehrungen-20353425.html
Profit promised: Emder transfers tens of thousands of euros to fraudsters: According to an email, a 75-year-old should have won millions. The Emder's wife ...
on-online.de/artikel/1457490/Emder-ueberweist-mehrere-Zehntausend-Euro-an-Betrueger
More senior citizens are studying in Austria than ever before: VIENNA: More women over 55 and men over 60 are studying again than before the introduction of ...
nachrichten.at/panorama/chronik/in-oesterreich-studieren-so-viele-senioren-wie-noch-nie;art58,3934626
Targeted immigration: Lindner proposes a tax discount for foreign skilled workers
faz.net/aktuell/wirtschaft/vorschlag-von-lindner-ein-steuerrabatt-fuer-auslaendische-fachkraefte-19600455.html
Enpal: One billion euros in new customer loans: It's about securing market leadership. The solar unicorn Enpal wants to issue more loans to customers with ...
businessinsider.de/gruenderszene/technologie/eine-milliarde-euro-enpal-sichert-sich-kreditzusagen-von-grossbanken/
Berlin tenants in turmoil: “I’m 37 and I’m really afraid of getting old”: Around 1,000 tenants in Berlin are expected to pay several thousand euros in additional ...
focus.de/finanzen/berliner-mieter-in-aufruhr-berliner-mieter-in-aufruhr-ich-bin-37-und-habe-echt-angst-alt-zu-werden_id_259801613.html
waipu Perfect Plus and WOW Movies & Series for 5 euros a month: Update: 24.3. promotion still running Before Easter, various providers have launched promotions ...
stadt-bremerhaven.de/waipu-perfect-plus-und-wow-filme-serien-fuer-5-euro-im-monat/
Bankruptcy of millions: Innviertel sausage specialist Kletzl is insolvent: ASPACH. The sausage specialist Kletzl, known for its “Kletzerl”, is insolvent and its ...
nachrichten.at/wirtschaft/innviertler-wurstspezialist-ist-insolvent;art15,3932992
Buy stocks now? Allianz, BASF and Deutsche Telekom - Take advantage of high dividends and low P/E ratios?
boerse-online.de/nachrichten/aktien/allianz-basf-und-deutsche-telekom-hohe-dividenden-und-niedrige-kgvs-jetzt-nutzen-20353800.html
J.Peirano: My partner will go into poverty in old age - do I have to share my pension with him?
stern.de/familie/beziehung/julia-peirano/j-peirano--mein-partner-wird-in-altersarmut-gehen---muss-ich-meine-rente-mit-ihm-teilen--34561524.html
‘Caprichos,’ ‘Disasters,’ ‘Disparates’ and ‘Tauromaquia’: All of Goya’s prints, together for the first time in one exhibition
english.elpais.com/culture/2024-03-21/caprichos-disasters-disparates-and-tauromaquia-all-of-goyas-prints-together-for-the-first-time-in-one-exhibition.html
Service horses mistreated: Mannheim police officers have to pay high fines for animal cruelty
spiegel.de/panorama/justiz/amtsgericht-mannheim-polizisten-wegen-tierquaelerei-zu-hoher-geldstrafe-verurteilt-a-9e84b907-30a0-40f4-a36c-eed7b2cdac14
Economy: Institutes lower economic forecast - "Economy battered": The forecast of the leading institutes shows: Things will initially be bad for the economy this ...
handelsblatt.com/politik/deutschland/wirtschaft-institute-senken-konjunkturprognose-wirtschaft-angeschlagen/100028230.html
Beer and communists: things are getting tighter left of center: The Beer Party's takeover is not yet certain, but it is becoming increasingly likely. In addition ...
diepresse.com/18315172/bier-und-kommunisten-links-der-mitte-wird-es-enger
There is now a specific date for the reopening of the closed A27: There is good news from the construction site on the closed A27 near Hagen ...
nordsee-zeitung.de/Cuxland/Gesperrte-A27-soll-in-der-kommenden-Woche-wieder-freigegeben-werden-198733.html
RTL2 documentary shows couple with 1387 euros citizen's allowance, job opportunity turns into a fiasco for Olaf
focus.de/kultur/kino_tv/rtl2-doku-zeigt-paar-mit-1387-euro-buergergeld-jobchance-wird-fuer-olaf-zu-fiasko_id_259780825.html
La acción de Hensoldt: fabricante de defensa en máximos históricos: La incierta situación mundial en materia de seguridad sigue alimentando el auge de los ...
faz.net/aktuell/finanzen/finanzmarkt/ruestungshersteller-hensoldt-mit-rekordhoch-profiteur-des-ruestungsbooms-19610282.html
“Catastrophe for all of us”: Bundesbank President warns AfD against leaving the euro
n-tv.de/wirtschaft/Bundesbankpraesident-warnt-AfD-vor-Euro-Austritt-article24825755.html
Paramount+: More expensive premium subscription and UHD announced: Paramount+ will also have an ad-financed basic subscription in other countries in the future ...
stadt-bremerhaven.de/paramount-teureres-premium-abo-und-uhd-angekuendigt/
More than 70 billion euros: China accuses Evergrande of gigantic fraud: The real estate group is said to have made itself almost five times bigger than it ...
faz.net/aktuell/wirtschaft/unternehmen/mehr-als-70-milliarden-euro-china-wirft-evergrande-gigantischen-betrug-vor-19596989.html
White arrows on no stopping signs: what do they mean?: There are many traffic signs in Germany. The meaning is not always clear. This also applies to the white ...
merkur.de/auto/weisse-pfeile-halteverbotsschild-bedeutung-bussgeld-falsch-parken-zr-92878942.html
Blackrock CEO writes letter: These are the 5 most important points: Larry Fink, the CEO of Blackrock, warned of an impending "pension crisis" in the US in his ...
businessinsider.de/wirtschaft/finanzen/blackrock-ceo-schreibt-brief-an-die-investoren-das-sind-die-5-wichtigsten-punkte/
Quick Glance: 'Out-of-Touch Billionaire' Larry Fink Criticized for Calling 65 a 'Crazy' Retirement Age
- Billionaire Larry Fink, CEO of the world's largest asset management firm, faced backlash for labeling 65 as a 'crazy' retirement age.
- Fink argued for tying retirement age to life expectancy, overlooking the declining trend in U.S. life expectancy.
- Critics accused Fink, as a wealthy CEO, of being out of touch with the realities and needs of the population, especially regarding social security.
- Progressive lawmakers advocate for expanding social security benefits, while Fink proposes collaboration between the private sector and government to ensure retirement security.
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