Europost (871)

  • To quell unrest, Macron promises wage rises for the poorest

    To quell unrest, Macron promises wage rises for the poorest

    France’s President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners in further concessions meant to defuse weeks of often violent protests that have challenged his authority. In his first national address following France’s worst unrest for years, Macron sought to restore calm and struck a humble tone after accusations his governing style and economic policies were fracturing the country.

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  • Boosting is now illegal in South Korea

    Boosting is now illegal in South Korea

    South Korea has officially declared that it is a criminal offence to offer boosting services in video games. According to the new law that will go into effect in around six months from now, boosting is described as an “act that interferes with a game’s normal operations by providing the service to acquire points or achievements in a way that is not approved by the game business operator”. In layman’s terms, the practice involves playing on a low-skilled player's account to artificially boost their ranking - often for a fee.

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  • Global cleaning giant sheds 100,000 jobs

    Global cleaning giant sheds 100,000 jobs

    ISS of Denmark, the world's largest cleaning company, is planning to get rid of about 100,000 jobs as it plans on exiting 13 countries that were among its least profitable markets. The move represents about a fifth of the company’s global workforce, but will also allow ISS to focus on a smaller group of larger clients.

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  • Mexico to build an $8bn refinery

    Mexico to build an $8bn refinery

    Mexico will start awarding the construction of its seventh refinery as soon as March 2019, President Andres Manuel Lopez Obrador announced at an event at the Dos Bocas port, in the Gulf of Mexico. Revealing his plans for the country’s refining system Lopez Obrador also said Mexico will invest $8bn in the new processing facility at Dos Bocas, which will have crude processing capacity of 340,000 daily barrels, making it Mexico’s biggest refinery.

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  • Russia overtakes UK in global arms sales

    Russia overtakes UK in global arms sales

    Russia has overtaken the UK as the world’s second largest arms producer demonstrating its increased military capabilities, a leading research group has found. Britain has slipped to third place for the first time since 2002 after Moscow “experienced significant growth” in recent years. The US comfortably maintained top spot with sales worth $226.6bn in 2017 according to data from the Stockholm International Peace Research Institute (SIPRI).

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  • UN adopts global migration pact

    UN adopts global migration pact

    Leaders from more than 150 countries on Monday have agreed upon the UN global pact that sets a roadmap "to prevent suffering and chaos" for global migration, despite opposition and several withdrawals, including from the US and a third of the EU Member States. This happened during the  intergovernmental conference in Marrakech, Morocco. The UN General Assembly is now set to adopt a resolution formally endorsing the deal on December 19 in New York.

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  • UK can cancel Brexit decision, EU court rules

    UK can cancel Brexit decision, EU court rules

    The UK has the power to reverse Brexit, without the permission of the other 27 EU members, the EU's highest court has ruled on Monday. According to the decision of European Court of Justice, the so-called Article 50 - the legal mechanism which kickstarted Brexit - allows the unilateral revocation of the UK's intention to withdraw from the EU.

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