German Government is working on a fiscal stimulus program of around 25 billion euros ($32 billion) aimed at softening the economic slowdown without wrecking Germany's efforts to rein in its budget deficits. The government is likely to approve a package of job programs and other measures, but has yet to figure out how to finance the extra outlays.
The planned measures include supporting the auto industry by waiving two years' car tax for low-polluting new cars bought next year. Other plans include aid for renovating buildings, infrastructure projects, a reintroduction of generous tax-depreciation rules for companies, and an extension of the period that people who have shortened workweeks because of difficulties at their companies can claim benefits.
The world is not making nearly enough progress in reducing greenhouse gas emissions to achieve the goals for limiting global warming agreed at the Paris climate summit in 2015, a group of political and business leaders has warned.Read More
Software robots replicate the routine work humans often do in front of computer screens. As software applications have taken over mainline business processes, many back-office workers find themselves filling the gaps between fragmented systemsRead More
US and Chinese tech firms are a good bet despite the trade spat.U.S. and Chinese technology companies in the next ten years and would rather see cooperation between the world's two largest economies instead of "outright competition."Read More