In October, 1,530 German companies filed for insolvency. This is 17% more than in September and 48% more than in the same month in 2023. This made October the worst October since 2004, according to calculations by the Institute for Economic Research of the Leibniz Association in Halle (IWH). It is the highest number of insolvent German companies in 20 years.
Australia has passed a globally unique law that prohibits children under the age of 16 from using social media. The regulation is intended to force platforms such as TikTok and Meta (Facebook, Instagram) to block access for minors, otherwise they will face heavy fines. The law was passed after intense debate and is to apply from 2025. The aim is to protect children from psychological and physical harm caused by excessive use of social media, particularly through problematic content. Reactions are mixed: while some welcome the law, others criticize it as an encroachment on freedom. Experts and tech companies warn of possible negative consequences such as children being moved to more dangerous platforms. Ukrainian energy workers risk their lives to maintain the power supply despite Russian attacks. A DTEK thermal power plant, hit several times, requires constant repairs. The workers see themselves as part of the front line in the war and are fighting to supply millions of people with ene...
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