UK Economy Shows Signs of Recovery Amidst Inflation Concerns

The United Kingdom’s economy has recently shown signs of recovery, despite facing challenges such as inflation. According to the latest preliminary PMI survey, the UK’s economic activity has reached its strongest level in a year. Furthermore, the GfK consumer confidence index has risen to its highest level since February of 2022. While these indicators are […]

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EU Digital Services Act and Digital Markets Act

Summary The European Parliament has approved two new regulations, the Digital Services Act and the Digital Markets Act, which aim to regulate online platforms and limit the power of dominant digital companies. The Digital Services Act updates the 20-year-old E-Commerce Directive and introduces new rules for online platforms, while the Digital Markets Act introduces a […]

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Chinas Economy shows “Strong Momentum”

China’s economy has been demonstrating strong momentum, despite the challenges posed by the global environment, according to Premier Li Qiang. Speaking at the Boao Forum, a high-profile meeting on China’s southern Hainan island, Li pledged to support businesses as the country emerges from strict COVID-19 controls that have negatively impacted GDP. China’s economic growth has […]

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The European Green Deal – Green and Big until 2050?

The European Green Deal is an ambitious plan put forward by the European Union (EU) to tackle climate change, foster sustainable growth, and promote social justice. The Green Deal consists of a comprehensive set of policy measures aimed at achieving three overarching goals: no net emissions of greenhouse gases by 2050, economic growth decoupled from […]

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Virgin Orbit Faces Bankruptcy as Valuation Plummets to Less Than $100 Million

Virgin Orbit, the satellite launch company backed by British billionaire Richard Branson, is reportedly on the brink of bankruptcy. The company’s valuation has taken a massive hit, falling from nearly $4 billion in 2021 to less than $100 million today. According to CNBC, the company has struggled to generate enough revenue due to its inability […]

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