Consider Anca Gheorghe, a 23-year-old Roma woman from Romania. She attended a poorly resourced school with unqualified teachers and faced unfair discrimination, leaving her with limited opportunities. Left with virtually no other options, she joined an EU-funded vocational program to train as a hairdresser, hoping for financial independence. Yet, there are already enough hairdressers in … Read more
Rebalancing climate finance to increase and ‘ring fence’ investment and incentives across the full agri-food value chain – including in the hidden middle – is critical to stimulate momentum in food systems transformation and to simultaneously strengthen food security. This is particularly true for small and medium-sized enterprises, which account for most of the sector’s businesses.[7] … Read more
Brantner wants to “make Green great again,” she said, adapting the slogan of U.S. President-elect Donald Trump, whom she has criticized as a threat to global climate policy. Brantner will remain state secretary in the German economy ministry, headed by Robert Habeck, Germany’s vice chancellor. He is expected to be nominated as the Green Party’s … Read more
Many Georgians viewed the vote as a pivotal referendum on the country’s effort to join the EU. Granted candidate status last year, Georgia saw its EU accession process halted over the summer after ruling party Georgian Dream passed a slew of Russian-style legislation targeting Western-backed NGOs and cracking down on LGBTQ+ rights. EU foreign ministers will … Read more
Now, encouraged by a wave of support from civil society — as well as the realization that promises to restart the factory were going nowhere — the cooperative born out of this struggle is taking matters into its own hands, outlining a plan for sustainable bottom-up reindustrialization. And yet, as of now, these former GKN … Read more
Chinese investment in Italy is “below potential” and should increase, Italian President Sergio Mattarella said on a visit to Beijing. Italy’s trade with China needs “re-balancing” between import and export, Mattarella told Chinese Premier Li Qiang on Friday, Sky Tg24 reported. Mattarella noted that the value of Italy-China trade doubled from 2016 to 2022 to … Read more
Don’t tell Vuori the athleisure market is softening. The Encinitas, Calif.-based brand on Friday said it has received an $825 million investment led by General Atlantic and Stripes, two global growth investors, along with a collection of other investors that now values the company at $5.5 billion. The investment, structured as a secondary tender offer, … Read more
On the campaign trail, Trump threatened to slap a universal 10 percent tariff on imported goods. He also threatened to turn off Ukraine aid and to stop supporting NATO countries that do not invest 2 percent of their GDP on defense. EU leaders were gathering for an informal summit in Budapest for talks on Draghi’s … Read more
Jörg Kukies, state secretary in the chancellery, will replace Christian Lindner as German finance minister after the collapse of the ruling coalition on Wednesday night, public broadcaster ARD and several other German outlets reported Thursday morning. Kukies is seen as one of Chancellor Olaf Scholz’s closest advisors and is well known in Brussels after he served … Read more
Al Pacino, known for iconic roles in The Godfather and Scarface, had amassed substantial wealth throughout his five-decade career. But, as he approached his 70s, he found himself on the brink of financial ruin, losing an estimated $50 million due to a corrupt accountant’s mismanagement. In recent revelations, Pacino recounted the betrayal that left him … Read more
