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Economy

Economist Georg Cremer on justice: “We are not the customers of a Supply Ando state”

Georg Cremer was Secretary General of the German Caritas Association for 17 years and a member of the Pensions Commission. Here he explains what is going wrong in the German welfare state – and why the call for more justice is dividing the country.

Updated: 1 min read deublitz newsroom Neutral
Economist Georg Cremer on justice: “We are not the customers of a Supply Ando state”

Georg Cremer was Secretary General of the German Caritas Association for 17 years and a member of the Pensions Commission. Here he explains what is going wrong in the German welfare state – and why the call for more justice is dividing the country.

Source: Spiegel ›

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Real estate loans as expensive as since 2009
Economy

Real estate loans as expensive as since 2009

Anyone who currently wants to buy a house must dig particularly deep into the pocket for financing. The interest rates on real estate loans are as high as long. In addition, there are high material and labour costs.

tagesschau Negative
Billionaire Mukesh Ambani launches India’s biggest-ever IPO
Economy

Billionaire Mukesh Ambani launches India’s biggest-ever IPO

Low-cost broadband provider Jio Platforms aims for £81bn valuation when it floats on the stock market on WednesdayBusiness live – latest updatesIndia’s second-richest man, Mukesh Ambani, is launching what could be the country’s biggest-ever initial public offering (IPO), despite a stock market downturn.Mumbai-based Jio Platforms, a telecoms company backed by Meta Platforms and Google, is hoping to raise up to 302bn rupees (£2.4bn) and is targeting a 10.3tn rupees (£81bn) valuation when it floats on the stock market from Wednesday. Continue reading...

The Guardian Positive