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Trump Taps 27-Year-Old Karoline Leavitt as White House Press Secretary
Washington, D.C., Saturday, 16 November 2024.
Donald Trump selects Karoline Leavitt as the youngest-ever White House press secretary. At 27, she’ll be the first under-30 to hold the position since 1969. Leavitt, a former campaign aide, is known for her aggressive defense of Trump in media appearances.
German Economy Stagnates: Real Wages Rise Despite Challenges
Berlin, Saturday, 16 November 2024.
Germany’s economy is set to contract by 0.1% in 2024, marking the second consecutive year of negative growth. However, real wages are increasing due to falling inflation, offering a glimmer of hope amid economic stagnation and rising unemployment.
Trump's Climate Policy Reversal: A Billion-Dollar Gamble
Washington, Thursday, 14 November 2024.
Donald Trump’s potential repeal of Biden’s climate policies threatens the US’s position as a clean energy leader. This move could divert $80 billion in investments abroad and cost $50 billion in lost exports, potentially ceding ground to China in the rapidly growing clean technology sector.
Klarna Aims for U.S. Market with Confidential IPO Filing
Stockholm, Thursday, 14 November 2024.
Swedish fintech giant Klarna has confidentially filed for a U.S. IPO, signaling a major move in the buy now, pay later sector. This strategic decision comes amid fluctuating valuations and growing regulatory scrutiny, highlighting Klarna’s ambition to capture the American market.
Germany Sets Early Election for February After Coalition Collapse
Berlin, Tuesday, 12 November 2024.
Chancellor Olaf Scholz’s government breakdown leads to a February 23 snap election, seven months ahead of schedule. This political shift could reshape Germany’s economic policies and international relations, particularly with the United States.
Shell Wins Appeal Against Emissions Reduction Order
The Hague, Tuesday, 12 November 2024.
A Dutch court overturned a landmark 2021 ruling requiring Shell to cut emissions by 45% by 2030. The appeals court recognized climate protection as a human right but ruled Shell isn’t legally obligated to reduce emissions as previously determined.