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Cooling towers at Uniper's coal-fired power plant in Germany. Fabian Strauch/picture alliance via Getty Images Germany pledged €67 billion ($ 66.9 billion) in funding to assist utility companies, the FT reported. The money will be redeployed from a COVID-19 bailout fund established to help companies avoid insolvency. Gas importers have been forced to pay higher […]
A Dollar General store in Amenia, New York. Landon Speers for Insider Shoppers earning six-figure salaries are turning to dollar stores amid soaring inflation in the US. Economic uncertainty is pushing some Americans to tighten their pursestrings. Dollar General's "core customer" usually earns under $ 40,000 a year, CNN reported. Shoppers with six-figure salaries are […]
“WE CAN’T SAVE Brazil by killing old people,” says Jair Bolsonaro, Brazil’s next president. He is referring to the country’s main public-policy problem: a bill for pensions that eats up more than half of the federal budget and is growing at a rate four percentage points above inflation. He is not the only person in […]
Whether he reins it in will shape his presidency—and Brazil’s future
Justin Sullivan/Getty Images There were no winners in Saturday night’s Powerball lottery drawing, putting the jackpot at $ 620 million. No one won the last Mega Millions drawing either, sending its jackpot soaring over $ 1.6 billion. The two jackpots are now worth more than $ 2.2 billion combined. The massive Mega Millions jackpot has […]
Young Hongkongers have to violate the law by living in industrial buildings, as the insane prices for property in the region make it difficult to afford rent, much less buy a house. Surging house prices have pushed rents to record levels. Hong Kong is the world’s priciest home market, and one of the most densely […]
Chris Jackson / Getty When Meghan Markle or Kate Middleton wear a new item in public, it’s not uncommon for it to sell out almost immediately. Canadian retailer Aritzia told investors that it had experienced a boost in sales in the first quarter after Markle had been photographed wearing its clothing. “By all accounts, Meghan […]
Piers Morgan entered into fiery tirade against Sadiq on Good Morning Britain as he told the viewers he “wanted answers” about the growing crime rates in the capital. It all unfolded as Piers, 53, hosted the programme alongside regular co-presenter Susanna Reid. He told the camera: “I’m a Londoner, I’ve lived here for the last […]
Drug-related violence is soaring in a quiet corner of Latin America, and it’s not clear what the new president plans to do about it NOW WATCH: A rescue center in Costa Rica wants you to snuggle their sloths See Also: Drug-related violence is soaring in a quiet corner of Latin America, and it’s not clear […]
Costa Rica has seen steady increases in homicides over the past several years. These increases appear driven largely by the drug trade, exacerbated by poverty and inequality. It’s not clear how the new president will address violence and its underlying problems. Carlos Alvarado Quesada’s surprisingly large victory in Costa Rica’s presidential election has buoyed hopes […]
