Tag #Economic Development

Showing 169 to 180 of 897 results

zeit.de

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Jul 10, 19:15

German Startup Incubator Futury Receives €10 Million in Federal Funding

Futury, a German startup incubator, received €10 million in federal funding, bringing its total to €20 million, to support its goal of establishing 1,000 new startups in the Rhine-Main region by 2030, addressing the region's lagging position in national startup rankings.

German Startup Incubator Futury Receives €10 Million in Federal Funding

Futury, a German startup incubator, received €10 million in federal funding, bringing its total to €20 million, to support its goal of establishing 1,000 new startups in the Rhine-Main region by 2030, addressing the region's lagging position in national startup rankings.

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What is the significance of the €10 million federal funding for Futury and its impact on the Rhine-Main region?

The German federal government awarded Futury, a Frankfurt-based startup incubator, €10 million in funding. This brings Futury's total funding to €20 million, including €10 million in private investment. The funding will support Futury's goal of creating 1,000 new startups in the Rhine-Main region by 2030.

theglobeandmail.com

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Jul 9, 16:14

Canada's 5% Defence Spending Pledge: A Cultural Confrontation

Canada's plan to boost defense spending to 5 percent of GDP by 2035 aims to counter growing threats from Russia and China in the Arctic, stimulate economic growth through job creation and technological innovation, and overcome a cultural aversion to defense investment.

Canada's 5% Defence Spending Pledge: A Cultural Confrontation

Canada's plan to boost defense spending to 5 percent of GDP by 2035 aims to counter growing threats from Russia and China in the Arctic, stimulate economic growth through job creation and technological innovation, and overcome a cultural aversion to defense investment.

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How will Canada's increased defense spending impact its economic and industrial landscape?

This increase in defense spending is intended not only to bolster military capabilities but also to stimulate economic growth through job creation, technological innovation, and the development of a robust domestic defense sector. The plan is to leverage defense spending as an industrial policy, fostering clusters of manufacturing, supply chains, and research and development.

chinadaily.com.cn

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Jul 9, 04:14

China's Motorcycle Exports to Africa Surge

Chongqing, China exported over five million motorcycles in 2022, valued at $2.86 billion, a significant increase driving the rising popularity of Chinese motorcycles in African countries like Rwanda and Nigeria due to affordability and reliability, reflecting deepening economic ties and collaboratio...

China's Motorcycle Exports to Africa Surge

Chongqing, China exported over five million motorcycles in 2022, valued at $2.86 billion, a significant increase driving the rising popularity of Chinese motorcycles in African countries like Rwanda and Nigeria due to affordability and reliability, reflecting deepening economic ties and collaboratio...

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How do factors such as urbanization, industrialization, and consumer demand in Africa contribute to the growth of the Chinese motorcycle market on the continent?

The rising popularity of Chinese motorcycles in Africa reflects the deepening economic ties between China and Africa. Increased industrialization and urbanization in Africa create high demand for affordable transportation, while China offers advanced manufacturing capabilities and a robust supply chain. Agreements signed during the 7th Western China International Fair for Investment and Trade further solidify this collaboration, focusing on motorcycle and automobile assembly and spare parts production.

usa.chinadaily.com.cn

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Jul 7, 07:14

BRICS Summit Strengthens Global South Cooperation, Challenges G7 Dominance

The 17th BRICS summit, held in Rio de Janeiro from July 23-24, focused on strengthening Global South cooperation for inclusive governance, with BRICS now representing 41% of the world's population and over 40% of global GDP (PPP), exceeding the G7, and the NDB approving over $40 billion in projects.

BRICS Summit Strengthens Global South Cooperation, Challenges G7 Dominance

The 17th BRICS summit, held in Rio de Janeiro from July 23-24, focused on strengthening Global South cooperation for inclusive governance, with BRICS now representing 41% of the world's population and over 40% of global GDP (PPP), exceeding the G7, and the NDB approving over $40 billion in projects.

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What is the primary significance of the BRICS summit's focus on strengthening Global South cooperation?

The 17th BRICS summit, held in Rio de Janeiro, focused on strengthening Global South cooperation. BRICS, now encompassing about 41% of the world's population, represents over 40% of global GDP (PPP) exceeding the G7. The New Development Bank (NDB), a BRICS initiative, has approved over $40 billion in projects across various sectors.

theguardian.com

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Jul 6, 19:13

Energy, Prosperity, and the Climate Challenge: The Nuclear Power Solution

Global energy consumption directly correlates with GDP, but current energy production methods cause significant greenhouse gas emissions; nuclear power offers a solution, but faces public perception and regulatory hurdles.

Energy, Prosperity, and the Climate Challenge: The Nuclear Power Solution

Global energy consumption directly correlates with GDP, but current energy production methods cause significant greenhouse gas emissions; nuclear power offers a solution, but faces public perception and regulatory hurdles.

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No Poverty

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How can the global community promote energy abundance while mitigating the environmental impact of energy production?

The relationship between energy abundance and economic prosperity is undeniable, as evidenced by the strong correlation between energy consumption and GDP per capita. This connection highlights the critical role energy plays in economic development, particularly for impoverished populations. However, the environmental impact of current energy production methods poses a significant obstacle to sustainable development.

elpais.com

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Jul 5, 01:12

Chile's Shift to Digital Payments: A Leading Position Faces New Challenges

Chile's cash usage decreased from 70% to 63% among its banked population in 2024, with debit card use rising to 87% for in-person transactions, driven by increased digital access and technological advancements, though challenges remain in keeping pace with regional innovation.

Chile's Shift to Digital Payments: A Leading Position Faces New Challenges

Chile's cash usage decreased from 70% to 63% among its banked population in 2024, with debit card use rising to 87% for in-person transactions, driven by increased digital access and technological advancements, though challenges remain in keeping pace with regional innovation.

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What is the most significant change in payment methods observed in Chile, and what are its immediate implications?

In 2024, Chile saw a notable decrease in cash usage among its banked population, from 70% to 63%, marking a significant shift towards digital payment methods. Debit cards, in particular, became the preferred choice for both in-person and online transactions.

fr.allafrica.com

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Jul 9, 16:15

Morocco Emerges as Top African Destination for Millionaires; Tunisia's Absence Highlights Data and Image Challenges

The Henley Private Wealth Migration Report 2025 shows that Morocco, Mauritius, and Seychelles are the only African countries projected to experience net inflows of high-net-worth individuals, while Tunisia's absence highlights its need for improved economic data and investor relations.

Morocco Emerges as Top African Destination for Millionaires; Tunisia's Absence Highlights Data and Image Challenges

The Henley Private Wealth Migration Report 2025 shows that Morocco, Mauritius, and Seychelles are the only African countries projected to experience net inflows of high-net-worth individuals, while Tunisia's absence highlights its need for improved economic data and investor relations.

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Why is Tunisia absent from the rankings of wealth migration destinations, and what are the potential consequences of this for its economic future?

Morocco's rise is attributed to a stable business environment, economic reforms implemented over a decade, modernized infrastructure in major cities, and competitive tax policies. Casablanca's financial hub status and Marrakech's quality of life attract both local and international investors. The Africa Wealth Report 2025 supports this, placing Morocco among the top 5 African countries with the most millionaires, at approximately 6,800.

china.org.cn

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Jul 9, 07:18

China to Share High-Speed Rail Technology Globally

At the 12th UIC World Congress on High-Speed Rail in Beijing, Chinese Vice Premier Zhang Guoqing announced China's commitment to sharing its high-speed rail technology and expertise globally, emphasizing collaboration and technological exchange, while showcasing the world's fastest train, the CR450,...

China to Share High-Speed Rail Technology Globally

At the 12th UIC World Congress on High-Speed Rail in Beijing, Chinese Vice Premier Zhang Guoqing announced China's commitment to sharing its high-speed rail technology and expertise globally, emphasizing collaboration and technological exchange, while showcasing the world's fastest train, the CR450,...

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Industry, Innovation, and Infrastructure

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What are the potential long-term implications of China's strategy of sharing high-speed rail technology, considering both economic and geopolitical factors?

China's proactive approach to international high-speed rail development suggests a strategic move to expand its global influence and economic ties. Sharing its technological expertise not only benefits other nations but also solidifies China's position as a leader in this sector, potentially leading to future contracts and technological advancements through collaborative projects. The emphasis on both "hard" and "soft" connectivity indicates a comprehensive approach to long-term global impact.

china.org.cn

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Jul 7, 10:12

Suzhou Invests $13.8 Billion in Computing Power Cluster

Suzhou city in Anhui province is investing 100 billion yuan ($13.8 billion) to expand its Computing Power Industrial Park, aiming to become a regional computing center by 2025, supporting various sectors and collaborating with major tech firms and research institutions.

Suzhou Invests $13.8 Billion in Computing Power Cluster

Suzhou city in Anhui province is investing 100 billion yuan ($13.8 billion) to expand its Computing Power Industrial Park, aiming to become a regional computing center by 2025, supporting various sectors and collaborating with major tech firms and research institutions.

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What is the significance of Suzhou's planned 100 billion yuan investment in its computing power industry?

Suzhou city in Anhui province, China, is developing a 100 billion yuan ($13.8 billion) computing power industrial cluster. The Suzhou Computing Power Industrial Park, established in 2012, houses major clients like Huawei and research institutions such as Tsinghua University. It offers supercomputing for high-precision tasks and intelligent computing for everyday applications, supporting diverse sectors including gaming and e-commerce.

kathimerini.gr

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Jul 7, 01:11

Epidavros Festival: Lygourio's 70-Year Transformation

The Epidavros Festival, beginning in 1955, significantly boosted Lygourio's economy and cultural landscape, impacting everything from local businesses like Leonidas Liakopoulos's tavern to the village's infrastructure and tourism.

Epidavros Festival: Lygourio's 70-Year Transformation

The Epidavros Festival, beginning in 1955, significantly boosted Lygourio's economy and cultural landscape, impacting everything from local businesses like Leonidas Liakopoulos's tavern to the village's infrastructure and tourism.

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How did the festival's presence influence the economic and social development of Lygourio?

Leonidas Liakopoulos's tavern, established in 1953, became central to the festival. Initially serving actors, it later became a renowned restaurant, highlighting the festival's economic impact on the village. The festival's presence facilitated the village's integration into the broader economic and cultural landscape, attracting both residents and businesses.

china.org.cn

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Jul 6, 10:10

Xiamen's 15-Year Plan: A Model for Sustainable Urban Development

In 1985, Xi Jinping, then vice mayor of Xiamen, led the creation of a 15-year development plan, integrating expert knowledge and public input to transform the city into a major economic hub while prioritizing ecological protection and citizen well-being; this forward-thinking approach has influenced...

Xiamen's 15-Year Plan: A Model for Sustainable Urban Development

In 1985, Xi Jinping, then vice mayor of Xiamen, led the creation of a 15-year development plan, integrating expert knowledge and public input to transform the city into a major economic hub while prioritizing ecological protection and citizen well-being; this forward-thinking approach has influenced...

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Sustainable Cities and Communities

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What were the key strategies employed in Xiamen's 15-year development plan, and what immediate impacts did they have on the city's economic and social landscape?

In 1985, Xiamen, a modest port city, faced the challenge of expanding its Special Economic Zone from 2.5 to 131 square kilometers. Xi Jinping, then vice mayor, spearheaded the creation of a 15-year development plan, a novel approach at the time, focusing on long-term vision and comprehensive strategies. This plan involved extensive expert consultation and public participation, resulting in a blueprint that transformed Xiamen into a major economic hub.

zeit.de

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Jul 4, 13:17

Northvolt Insolvency: Criticism of Schleswig-Holstein's Due Diligence in €600 Million Investment

Schleswig-Holstein's Ministerpräsident Daniel Günther faces criticism for insufficient oversight in approving €600 million in funding for the now-insolvent Swedish battery manufacturer Northvolt, raising concerns about due diligence in large-scale industrial investments. This followed the company's ...

Northvolt Insolvency: Criticism of Schleswig-Holstein's Due Diligence in €600 Million Investment

Schleswig-Holstein's Ministerpräsident Daniel Günther faces criticism for insufficient oversight in approving €600 million in funding for the now-insolvent Swedish battery manufacturer Northvolt, raising concerns about due diligence in large-scale industrial investments. This followed the company's ...

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What systemic changes are needed to improve the assessment and approval processes for large-scale industrial investments to prevent similar situations in the future?

The Northvolt failure exposes potential weaknesses in Schleswig-Holstein's investment strategy and raises concerns about future large-scale projects. The lack of transparency and apparent incomplete documentation surrounding the decision-making process demands further investigation. The long-term economic consequences for the region and the financial implications for the state and federal government remain uncertain.

Showing 169 to 180 of 897 results