Published by Promoting Economic Pluralism
A ticket allowing people unlimited travel on Germany’s trains and buses for just €9 ($9.28) a month has led to a large uptick in train trips, particularly in rural and tourist areas, …
Germany’s 9-euro transport ticket drives up train trips Read More
Despite the company’s commitment to decrease its carbon footprint, Amazon’s emissions grew by 18 percent last year, according to the annual sustainability report it released today. While online shopping increased during the pandemic’s second …
Amazon’s emissions increased dramatically last year despite carbon neutrality goal Read More
Meta publicly released information on 21 billion Facebook friendships as part of a research project looking at economic inequality in the United States, the company announced today. Along with new insights …
What 21 billion Facebook friendships say about the economic ladder in the US Read More
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
UK central bank raises interest rate, warns of recession Read More
With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …
Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More
Soaring inflation and economic instability has weighed on UK food and drink dealmaking, with the past quarter seeing the lowest number of deals completed since the depth of the Covid …
Economic instability blamed for decrease in food & drink dealmaking Read More
To go or not to go? That’s the billion-dollar question for House Speaker Nancy Pelosi, the third-most senior U.S. official, whose reported trip to Taiwan next month has spurred threats of a …
Could Nancy Pelosi’s Visit to Taiwan Set Off a War? Read More
Rich countries broke their main climate promise to developing nations, the Organization for Economic Cooperation and Development confirmed Friday. In 2009, high-income countries pledged to deliver $100 billion a year …
Rich countries broke climate finance promise, says OECD Read More
The UK recorded its highest temperature ever on Tuesday, exceeding 40C (104F), and prompting a refocus on climate change as the heatwave gripping Europe intensifies. According to the Met Office a record …
How 40C heatwave vapourised millions of pounds from UK economy Read More
Seattle-based Amazon on Thursday announced its purchase of established primary health care provider One Medical. The deal reportedly cost Amazon $3.9 billion in cash ($18 per share / $76.8 premium). This would …
Amazon buys into health care market for $3.9 billion cash Read More