The Dutch city of Haarlem will outlaw meat advertising in all public spaces starting in 2024. Local environmentalists believe it will aid in preventing climate change. The Guardian reports that Haarlem will be the first city in the world to outlaw all public advertising for meat and meat products. According to the local authorities, this action will help lessen the effect that livestock has on...

A reduction in Russian gas imports has led to the German nuclear sector intending to delay the final two of its three nuclear power projects until next spring, reports Der Spiegel magazine. German Economics and Energy Minister Robert Habeck will reportedly reveal results of stress tests of German nuclear power facilities to the government Monday evening, according to Der Spiegel. Germany's...

Swiss Ministry of Economy: Switzerland's GDP increased by 0.3% in the second quarter. According to a statement posted on the department's website by the Ministry of Economics, Switzerland's GDP increased by 0.3% in the second quarter of 2022, down from 0.5% in the first quarter. "The Swiss economy expanded by 0.3% in Q2 2022 after growing by 0.5% the previous quarter. The economic recovery has...

In an unsuccessful attempt to monopolize the most cutting-edge technology on the planet and uphold its technological superiority, the U.S. is erecting a technological blockade by banning the sale of computer chips, stated Wang Wenbin, a representative for the Chinese Foreign Ministry. "The American strategy typifies technological hegemony. The United States frequently oversimplifies the idea of...

Moody's cut their estimate for the growth of the world economy in 2022 and 2023. The agency forecasts that the global GDP will increase by 2,5% in 2022 and by 2,1% in 2023. The organization expected earlier that the number will increase by 3.1% in 2022 and by 2.9% in 2023. The projection for U.S. GDP growth was downgraded by Moody's from 2.8% to 1.9% in 2022 and from 2.9% to 1.1% in 2023. The...

Europe needs to make significantly more "sacrifices" than in previous instances of monetary tightening in order to counteract growing inflation. Officials of the European Central Bank (ECB) noted this during a gathering of central bank representatives from around the world in the American state of Wyoming, according to the Financial Times. European central banks "will confront an even larger...

There will not yet be any new assistance programs for Ukrainian refugees from the British government. The Guardian newspaper forecasts that by the middle of 2023, nearly 50,000 of them would still be without permanent shelter The government's "Homes for Ukrainians" initiative, which assists refugees who have been in the UK for more than six months, will shortly come to an end, according to the...

Approximately 250 million yen ($1.8 million) will be spent by the Japanese government for former Prime Minister Shinzo Abe's state burial, Kyodo news reports. The cabinet meeting on August 26 will authorize the final sum to be spent. The funds will be utilized to pay for space rental and anti-coronavirus measures. The Japanese government anticipates that 6,400 people will attend the ceremony,...

After examining more consumer activity data, the U.S. Department of Commerce revised its projection of the nation's GDP decrease in the second quarter. According to a report from the Bureau of Economic Analysis, the GDP loss year over year is now pegged at 0.6%, while the expected figure was 0.9%. The research stated that decreases in fixed asset investment, state and local government spending,...