Germany to form next government with Olaf Scholz as chancellor

Published

2 years ago

November 25, 2021

The 16-year reign of Chancellor Angela Merkel in Germany will officially come to an end… with a three-party coalition government set to take over.

Olaf Scholz will lead the government… with his Social Democrat Party going into power with both the Greens and business-minded Free Democrats.

Climate is a major part of the coalition’s plans for the nation… with the parties aiming to phase out coal use by 2030, which is eight years ahead of schedule.

Additionally, the new government will use 2 percent of German territory to develop further wind farms and also focus in on hydrogen-based electricity.

The coalition wants to see 80 percent of Germany’s electricity to be renewable and 15 million electric vehicles on the roads.

Germany is the biggest economy within the European Union… meaning decisions made by the incoming government will have widespread impacts.

In a press conference, Scholz said “the sovereignty of Europe is a cornerstone of Germany’s foreign policy”.

Scholz also highlighted Germany’s friendship with France and partnership with the U.S.

Curious times for AI & investing as stark reality becomes clear

Published

11 hours ago

April 16, 2024

Mike Loder

Both private funding for startups and corporate mergers and acquisitions within the sector have decreased, reflecting a shift in investor sentiment.

While some AI ventures continue to attract significant investments, experts attribute the overall downturn to challenges in scaling AI technologies and a more cautious investment climate.

Generative AI stands out as a bright spot, experiencing exponential growth in funding despite lingering skepticism among corporate executives.

Amidst this market correction, some view the shift as necessary for a more sustainable investment landscape, predicting stable growth in the coming years.

News

Game on with charitable cause and fresh titles of the week

Published

14 hours ago

April 16, 2024

Mike Loder

Xbox ANZ partners with Cure Cancer in an clever collaboration, introducing three exclusive Xbox Series X consoles inspired by the pioneering cancer research of Dr. Arutha Kulasinghe from The University of Queensland.

These unique designs, reflecting Dr. Kulasinghe’s innovative tumour mapping techniques, are currently available for auction, offering gamers an opportunity to contribute to a noble cause while acquiring a prized gaming collectible.

Meanwhile, Nintendo Switch Online unveils its latest additions, including the long-awaited Wrecking Crew 98, previously exclusive to Japan, now accessible to a global audience.

In the gaming sphere, this week brings diverse experiences, from the underwater exploration and sushi entrepreneurship of “Dave the Diver” to the enchanting narrative journey of “Harold Halibut” and the thrilling action RPG “No Rest for the Wicked” by Moon Studios, promising captivating adventures across PlayStation, Xbox, and PC platforms.

News

Donald Trump becomes first former U.S. president to stand trial

Published

14 hours ago

April 16, 2024

Nathan Langridge

Trump has denied any wrongdoing, maintaining that the payments were not campaign-related and therefore not subject to campaign finance laws.

Jury selection commenced today in the criminal trial of former President Donald Trump, focusing on allegations related to hush money payments made to women who claimed to have had affairs with him.

The trial, which has drawn significant attention, marks a pivotal moment in Trump’s post-presidential legal battles. #ticker today #featured