Newsletter

No cuts to social security

Negotiations on the budget for 2025 have begun in the federal government. Labor Minister Heil makes it clear: there will be no cuts in social benefits with him. Federal Labor Minister Hubertus Heil does not want to save on social benefits despite the tight budget situation. “We will not cut any services that citizens are […]

Banks See Increase in Interest Rate Reduction Requests, Decrease in Acceptance Rates

Money Today Reporter Lee Byeong-kwon | 2024.02.29 17:43 In the second half of last year, the number of requests to banks for interest rate reductions increased compared to the first half, but the acceptance rate decreased. Among the five major banks, NH Nonghyup Bank had the highest rate of acceptance of interest rate reduction requests, […]

NASA to Lay Off 530 Employees at Jet Propulsion Laboratory Amid Budget Uncertainty

National Aeronautics and Space Administration (NASA) [사진: 셔터스톡] [디지털투데이 AI리포터] The National Aeronautics and Space Administration (NASA) plans to lay off about 530 employees at the Jet Propulsion Laboratory (JPL) in California due to budget uncertainty, IT media Engadget reported on the 7th (local time). NASA’s decision came after a hiring freeze and layoff of […]

Despite farmers’ protest – Bundestag decides to cut subsidies

The nationwide farmer protests were triggered by the planned reduction in subsidies for agricultural diesel. Now the Bundestag has decided on it – the approval of the Bundesrat is still pending. The Bundestag has decided on a higher flight ticket tax, cuts in subsidies for agricultural diesel and stricter sanctions on citizens’ money. With the […]

Pinecone Launches Pinecone Serverless: Revolutionizing Vector Databases for AI Applications

Startup Finecon presented a new serverless vector database architecture. The explanation is that this makes it possible to create cost-effective artificial intelligence (AI) applications by allowing companies to access more data at lower costs. Venture Beat reported on the 16th (local time) that Pinecone launched “Pinecone Serverless”, a cloud computing execution model in which cloud […]

Lindner takes a clear position on the diesel issue

On Monday, Christian Lindner showed up at the farmers’ demonstration and signaled his understanding. However, that did not change his stance on the diesel issue. Federal Finance Minister Christian Lindner (FDP) has once again taken a clear position on the issue of subsidies for agricultural diesel. Accordingly, the discounts will be gradually withdrawn in the […]

FDP sticks to cutting agricultural subsidies – “must be”

The FDP currently sees no scope for further concessions on the agricultural subsidies that need to be cut. However, parliamentary group vice-president Meyer makes alternative suggestions that could relieve the farmers. Hundreds of thousands of farmers protested across Germany this week. Their goal: for them everything should stay as it is, the traffic light government […]

Farmer protests: Scholz wants to stick to the planned cuts

News blog about the farmers’ protests Scholz wants to stick to cuts despite protests Updated on January 8th, 2024 – 6:48 p.m. Reading time: 22 min. The farmers’ protests are taking on new dimensions: convoys, demonstrations and blockades. (Source: Reuters) Farmers want to paralyze Germany from Monday: The farmers’ association has called for large-scale protests. […]

The government wants to partially reverse cuts for farmers

The federal government’s plans to reduce subsidies for agriculture are highly controversial, and there will be a farmers’ week of action starting Monday. But now the coalition is changing course. The traffic light coalition wants to partially reverse planned cuts in subsidies for farmers. Accordingly, there should be no cancellation of the vehicle tax exemption […]