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EU may fund Ukraine reconstruction with Russian oligarchs’ frozen assets



There are new ideas into how to reconstruct Ukraine as the country buckles after nearly three months of war with Russia

The European Union is considering using the frozen assets of Russian oligarchs to rebuild the war-torn Ukraine.

The European Commission is pledging a €9 billion loan to Kyiv to keep the nation afloat as it defends itself against Russian forces.

European Commission president Ursula Von der Leyen spoke to ZDF television revealing that “lawyers are working intensively on finding possible ways of using frozen assets of the oligarchs for the rebuilding of Ukraine” proposing that Russia should also make its contribution.

She also assured that efforts will be put into helping Ukraine with reforms needed for it to join the European Union.

These include changes in rule of law and in the economic and political spheres particularly in battling corruption.

This comes only hours after Europe revealed its plan to reduce its dependence on Russian oil.

The EU sources around 40 per cent of their natural gas and 27 per cent of its imported oil from Russia paying Moscow approximately €400 billion per year.

Europe will begin to invest in pipelines in other countries and increase its reliance on greener energy sources.

The strategy announced in March aims on reducing Europe’s energy dependence on Russia by two thirds just this year.

This all comes amid rising energy costs as businesses deal with increasing financial pressures.

If all goes to plan the EU will have cut all energy ties with Russia by 2030.

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How Elon Musk built his empire



A plane arrives in China. On board, one of the world’s richest men. He’s come to convince authorities that he should be allowed to set up a brand new factory.

He is Elon Musk.

And this is his first trip to China in three years.

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Amazon employees walk out to protest office policies



Staff at warehousing giant Amazon have walked off the job to protest the company’s return-to-office program

Over 1,900 Amazon employees pledged to protest globally over proposed changes to the company’s climate policy, layoffs and a return-to-office mandate.

The activist group behind the rally is known as Amazon Employees for Climate Justice (AECJ), who are seeking a greater voice for employees.

“Our goal is to change Amazon’s cost/benefit analysis on making harmful, unilateral decisions that are having an outsized impact on people of color, women, LGBTQ people, people with disabilities, and other vulnerable people,” organisers said.

Over 100 people gathered at the heart of Amazon’s Seattle headquarters on Wednesday. The company said it had not witnessed any other demonstrations.

AECJ said the walkout comes after Amazon made moves “in the wrong direction”.

The company recently has recently overturned a desire to make all Amazon shipments net zero for carbon emissions by 2030.

The company maintains a pledge on climate change.

Amazon spokesperson Brad Glasser told Reuters the company is pursuing a strategy to cut carbon emissions.

“For companies like ours who consume a lot of power, and have very substantial transportation, packaging, and physical building assets, it’ll take time to accomplish.”

AECJ protesters also sought support for the 27,000 staff, who had lost their jobs in recent months —around 9 per cent of Amazon’s global workforce.

The company has also mandated a return-to-office program.

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The Great Resignation vs. The Great Burnout



As employees recover from the height of the pandemic, the Great Resignation has come to light

The pandemic saw the term ‘the great resignation’ coined as thousands of people resigned from their jobs across the U.S. in 2021 and 2022.

Karin Reed, the author of ‘Suddenly Hybrid said the great resignation was a period of employees taking control of their future.

“A lot of people realised in their current environment they were not happy with what they were doing with their job. They chose to vote with their feet and go elsewhere,

In other parts of the world, a spike in resignations was not reported.

However, a higher degree of workers began reporting post-Covid burnout, as they made a return to the office.

“There’s been a blurring of the lines. You have work that’s not confined by a physical space.

“Instead of closing the computer and walk away, our computer is in the next room.”

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