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Ultra-fast fashion provider Shein's IPO in Hong Kong valued the company at around $27 billion, 70 percent below its 2022 peak. Investors expressed concerns about supply chains and environmental impact, leading to a significantly reduced valuation.
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Greece plans a relief package for 2027 worth 2.2 billion euros. This includes special payments for pensioners and civil servants, as well as tax exemptions for low-income farmers and families with many children.
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Punk singer Monchi discusses the high AfD voter turnout in his hometown Jarmen and the emotional voting decisions. He criticizes the absence of East German politicians and stresses the need to confront reality rather than just discussing bans.
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The "Zerbster Bündnis für Demokratie" has formed in Saxony-Anhalt to counter the rightward shift and combat loneliness. The alliance is organizing events and a poster campaign to strengthen social cohesion and promote democratic values.
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As of September 1, over 50,000 applications for e-car subsidies have been approved, with approximately 230 million euros disbursed. The subsidies, aimed at lower-income individuals, range from 1,500 to 6,000 euros depending on the model and income.
Local PoliticsMigration & IntegrationWelfare & Poverty
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In Merseburg, people with a migration background are increasingly taking over previously vacant allotment gardens. This is occurring against the backdrop of the upcoming election.
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Following a devastating flash flood, Nepal's government is demanding climate justice and international support. The country, responsible for only 0.1 percent of global greenhouse gas emissions, is particularly vulnerable to climate change impacts and calls for a fair distribution of costs for adaptation and damages.
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Citizen initiatives and local associations in East Germany face bureaucratic hurdles and a lack of state support in their efforts to solve infrastructure problems or improve medical care. Even elected mayors feel powerless when decisions are made over their heads.
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The UN Environment Programme acknowledges that the 1.5-degree Celsius limit for global warming, as aimed for in the Paris Agreement, is no longer achievable. Global greenhouse gas emissions have reached a new record high, leading to more intense weather extremes and rising sea levels.
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Football fans can serve as role models for democracy, despite negative headlines about riots and far-right incidents. They successfully mobilize against investor decisions and strengthen the sense of community within clubs, which is significant in times of social isolation and psychological strain.
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