An Italian scheme to make homes more energy efficient has been wildly popular, but the government is seeking to rein in its "out of control" costs amid fears it could send the deficit soaring.. Environmentalists were sceptical about its benefits but Italians rushed to take advantage of the programme, in which the state paid 110 percent of the cost of making homes greener, with the subsidy delivered via a tax credit or tax reduction.
At first glance, it is a house like dozens of others in the crowded favelas of Brazil.. The narrow, twisting roads in the favela are difficult for vehicles to navigate.
French President Emmanuel Macron said Saturday that a long-delayed trade deal between the EU and four Latin American nations "is not possible" if they do not follow European environmental policies.. "A deal with countries of the Latin American continent is not possible if they don't respect the Paris (climate) accords as we do, and if they don't respect the same environmental and sanitary obligations that we impose on our producers," said Macron.
German Chancellor Olaf Scholz arrived in India on Saturday seeking to deepen business ties between the world's number four and five economies and push for progress on an EU trade deal despite differences over Ukraine.. Scholz, accompanied by executives from big German firms like Siemens, met Prime Minister Narendra Modi in New Delhi and was due to head to Bengaluru to visit German software firms including SAP. Officials said Scholz would press for progress towards a trade deal between the European Union and India that has long been held up by disagreements on tariffs and access for Indian workers to Europe.
Cuban farmer Maritza Carpio, 62, is optimistic.. As Cuba battles its worst economic crisis in three decades, the government and state-owned company Tabacuba -- which buys 95 percent of its crops from private producers -- provided aid to farmers like Carpio in the form of donations of materials, and cheap loans.
The EU agreed a new round of sanctions over Russia's war in Ukraine on Friday, the one-year anniversary of Moscow's invasion, the bloc's Swedish presidency announced.. The package -- the 10th the EU has imposed since Russia's February 24, 2022 invasion -- contains, it said, "targeted restricted measures against individuals and entities supporting the war, spreading propaganda or delivering drones used by Russia in the war".
There is no recent precedent for a central bank successfully defeating inflation without "substantial economic sacrifice or recession," said a report presented Friday to Federal Reserve policymakers.. Citing historical "disinflation" cases dating back to 1950 in major economies, the report concluded that central banks "are likely to be hard pressed to achieve their disinflationary goals without significant sacrifice in economic activity."
Facebook-owner Meta on Friday unveiled its own version of the artificial intelligence behind apps such as ChatGPT, saying it would give access to researchers to find fixes to the technology's potential dangers.. Meta said these problems, sometimes called hallucinations, could be better remedied if researchers had improved access to the expensive technology.
Fans of HBO juggernaut "Succession" will soon bid a final farewell to the family business drama which will end after its upcoming fourth season, according to the show's creator.. Riding high on both popular success and critical acclaim, "Succession," produced by HBO, is a dark and gritty chronicle of patriarch Logan Roy and his children, a powerful family tearing itself apart to gain control of a media conglomerate.
Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting programme as financial headwinds push operators to rein in spending.. Ericsson said 1,400 of the job cuts were in Sweden, which had already been announced earlier this week.
