Germany struggles to fix its pension system

[ad_1] German Chancellor Friedrich Merz, right, and German Finance Minister Lars Klingbeil (AP) Germany’s baby boomers are retiring. Those born between 1955 and 1969, when the birth rate was at an all-time high, are also living longer. The workforce is not growing at the same rate.So who will pay the elderly’s pensions? A considerable chunk […]

US universities issue letter condemning Trump’s ‘political interference’ in country’s education system

[ad_1] Over 100 universities and colleges across the US issued a joint letter on Tuesday, denouncing the Trump administration’s “unprecedented government overreach and political interference,” in the country’s education system.The letter was signed by leaders from a wide range of schools, including large state universities, small liberal arts colleges, and Ivy League institutions like Harvard, […]

UN shipping body approves global carbon pricing system

[ad_1] LONDON: Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday.From 2028, all ships will be required to use a less carbon-intensive fuel mix or face financial penalties, the IMO said.The carbon pricing measure must now […]