Germany’s economy ministry has proposed to cover 80% of electricity costs for energy-intensive companies until 2030, aiming to support industries like chemicals, steel, and glass. The plan, estimated to cost €25-30 billion, also seeks to […]
In June 2023, South Africa will impose a flat excise duty of R2.90/ml on nicotine substitutes, including vaping products. This tax has been anticipated since finance minister Enoch Godongwana announced it in his 2022 budget […]
In a surprising move, the UK’s Competition and Markets Authority (CMA) has halted Microsoft’s $68.7 billion acquisition of video game giant Activision Blizzard. The deal would have given Microsoft control over popular titles like Call […]
In a world-first initiative, one million smokers in England will be encouraged to trade cigarettes for vapes in the innovative ‘swap to stop’ program. The aim is to boost public health and slash smoking rates […]
Juul Labs Inc, the e-cigarette giant, is coughing up $462 million to settle allegations by six US states, including New York and California, that it illegally hooked teens on its addictive products. Like bees to […]
Greece has launched a new subsidy program to encourage more households and farmers to install solar projects and small storage systems. The €200 million ($215.3 million) scheme is part of the country’s post-pandemic recovery plan […]
Utah has just passed some sweeping legislation aimed at protecting children and teens from the negative effects of social media. It’s a really ambitious attempt to tackle some of the issues around addiction, mental health […]
In 2021, the Biden Administration announced the roll out of the Affordable Connectivity Program – low cost and high-speed internet for those who couldn’t afford their own connection or have difficulty setting it up. The […]
The government of New Zealand, a country notorious for having more sheep than people, has proposed a creative way to fight the impending climate crisis – a tax on the flatulence produced by cattle and […]
The People’s Bank of China, China’s central bank, announced this week that they would reduce the current reserve requirement ratio (RRR) to just over 8.4%. A reduction in RRR will allow banks to hold less […]
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