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#87 – Vocabulary on the topic: Economy – Part 1 by Learn German Podcast | learn German

Free eBook: — Socials: Instagram: Youtube: TikTok: FREE SCRIP HERE: Huge hole in Nord Stream 1 pipeline It has been clear since September that the Nord Stream 1 pipeline was severely damaged. The secret service assumes that an explosion was the cause of the incident. There appears to be a large hole in the Nord Stream 1 pipeline. According to the Swedish newspaper Express, a 50 meter section of the pipeline is missing. The newspaper used its own footage from an underwater drone to find out this information. Right or wrong? The hole in the pipeline isn’t that big. The missing piece is 50 meters long. The evidence was recorded using a flying drone. Asset managers are criticized by Greenpeace Greenpeace accuses large German asset managers of still investing too much in environmentally harmful companies. Money managers have the power to put pressure on companies through their vast fortunes, as they can decide which companies get funding and which don’t. But according to a financial expert from Greenpeace, many promises, such as the 1.5 degree target, are not being kept. The asset managers defend themselves and plead for understanding, since such a transformation takes time. Companies would therefore have to adapt. True or False Wealth managers only invest in environmentally harmful companies. Asset managers plead for understanding. Wage increases in the chemical and pharmaceutical industry Swift agreement between union and employer: More than 500,000 employees in the German chemical and pharmaceutical industry will receive significant salary increases and lump-sum compensation. The trade union IG BCE and the employers’ association BAVC have agreed on a new tariff package for employees in the chemical and pharmaceutical industry. Around 580,000 employees are to receive a total of 3,000 euros per person in special benefits. The one-off payment is taxed as inflation money and tax-free and paid out in two installments of €1500 per person. True or False The promised wage increase will take place. Half a million employees should benefit from it. The one-off payment is to be made in three installments.