Some hostels are seeing 300% more bookings than in 2021. Once a niche market for frugal backpackers, hostels are becoming a popular form of alternative lodging. No longer just rows of bunk beds, many hostels now offer private rooms and luxury features like rooftop pools and spas.Take the Selina Boquete hostel in Panama. Guests are served a welcome drink. While there's a shared option called a … [Read more...]
Renewables welcome electricity integration plan, seek more details
Action Plan released by the European Commission puts the spotlight on electricity distributors while environmental watchdog regrets lack of initiatives to reduce energy demand. Renewable energy sector players have welcomed the European Commission’s Action Plan tabled this week (28 November) designed to upgrade grids, but said it lacks detail and guidance on how to effectively deliver … [Read more...]
Denmark withdraws 1,000-crown note from circulation
The Scandinavian nation is set to remove the note, its largest denomination, as legal tender in 18 months time. Denmark, where cash is seldom used, is set to withdraw 1,000 crown (approximately €134) notes, its largest denomination, from circulation by May 2025.“With the evolution of Danes' payment habits, the 1,000 crown note is no longer necessary," Christian Kettel Thomsen, the director of … [Read more...]
Making money on defence stocks: Is it ethical to cash in on the boom?
When the war in Ukraine began almost two years ago demand for weapons in Europe skyrocketed, taking arms companies’ shares along with it. Experts expect the market to continue to grow for at least the next five years. Here’s why. With the Ukraine-Russia war continuing and the Middle East conflict between Israel and Hamas intensifying, it doesn't look like the guns will be laid down any time … [Read more...]
Do you use screens often? You’re probably at risk of 'cybersickness'. Here’s what to know
From motion sickness to eye strain, electronic devices can have serious effects on our health. How do we prevent them? Do you use screens and often have red eyes, nausea or a pulsing headache? If that sounds familiar, you might be suffering from something known as "cybersickness".As well as these initial signs, there is a broad range of conditions that are believed to be induced by heavy … [Read more...]
EU car sector calls for fewer regulations, better industrial strategy
The European car industry wants the continent's policymakers to come up with a better industrial strategy as well as a reduction in the pace of new regulations over the next five years, according to the CEO of Renault. Luca de Meo, who is also president of the European Automobile Manufacturers' Association (ACEA), told Euronews that if this is not done, then the sector will find … [Read more...]
ChatGPT turns one: The birthday threatening culture and creativity
2023 has seen some of the biggest breakthroughs in artificial intelligence. The readily available ChatGPT is leading the charge. A year after its launch, what has been its impact on culture and the creative world? And should artists be afraid? ChatGPT is one year old today.Launched on 30 November 2022, the artificial intelligence tool properly entered public consciousness this year, and took … [Read more...]
French banks ploughing billions into green and sustainable loans
French banks have doubled the amount of green and sustainable loans given out in 2022, reaching a total of €216 billion, as announced by the Banque Populaire Caisses d'épargne (BPCE) Chairman Nicolas Namias. As the 28th climate conference unfolds in Dubai, the spotlight is on France's commendable strides in sustainable finance. Nicolas Namias, Chairman of the French banking group BPCE … [Read more...]
Meta's ad-free subscription service breaches EU law, consumer groups say
Consumer groups say Meta's ad-free service, starting at €9.99 per month, is "an unfair choice for users". Appeared first on: euronews.com … [Read more...]
Hamas claims responsibility for deadly Jerusalem shooting
Israel's PM Benjamin Netanyahu said his government would distribute more guns to Israeli citizens, following the attack by Palestinian militants. Hamas has claimed responsibility for a gun attack in Jerusalem that killed three people and left eight others wounded. The Palestinian militant group called for an "escalation of resistance against Israel." Two brothers from East … [Read more...]
The Pogues lead singer Shane MacGowan, known for 'Fairytale Of New York', dies aged 65
The charismatic folk hero and frontman of The Pogues will always be remembered for his timeless Christmas classic "Fairytale Of New York", featuring the late Kirsty MacColl. Shane MacGowan, a legendary figure of Irish folk and punk music, and the iconic lead singer of The Pogues, has passed away at the age of 65. The news comes following MacGowan's ill-health and a recent … [Read more...]
France's government ministers to ditch using WhatsApp for French app Olvid over security fears
The French government is switching out common instant messaging apps with French alternatives in order to tighen up security. French ministers are being advised to stop using WhatsApp, Telegram and Signal in favour of French messaging applications.Olvid is an encrypted instant messaging app developed by French cybersecurity experts, with both messages and metadata encrypted.The prime … [Read more...]
Euro area inflation slowdown brings ECB's 2% target back into focus
Inflation in the euro area has taken a significant dip, reaching its lowest level in over two years. Euronews Business breaks down the latest figures. The latest data from Eurostat reveals that the inflation rate in the euro area, or eurozone, declined to 2.4% year-on-year (y/y) in November 2023, down from a 2.9% annual rate in October 2023. This slowdown in inflation brings the European … [Read more...]
Disney CEO Bob Iger to quit in 2026 – again
Iger announced his design to resign for a second time, amid a conversation about Marvel's box office woes. Walt Disney CEO Bob Iger has announced he will step down in 2026. When his current contract ends, the top executive of the media conglomerate will leave the role for a second time, after he returned to the company in 2022.The 72-year-old Iger became the president of ABC in 1994 and … [Read more...]
Want to work at Disneyland? 8,500 jobs are open as Disney expands operations
Disneyland Paris launches a major hiring campaign, aiming to recruit 8,500 employees, with a focus on filling critical maintenance roles. Disneyland Paris is set to embark on a massive recruitment drive, aiming to bring on board 8,500 new employees, with 1,500 of them securing permanent contracts. In a bid to meet the demands of its extensive attractions, the park is particularly … [Read more...]
Europe has a pivotal role to play in the global green transition
The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. The challenge for European leaders in 2024 is to build a stronger political narrative about why leaning into green transition is not only the right thing to do but the economically sound choice in the long run as well, Susi Dennison writes. … [Read more...]
German unemployment at highest rate in more than two years
Europe's biggest economy is losing momentum and it's dragging down the labour market too, latest data shows. Germany's unemployment reached 5.9% in November, up from October's 5.8%, according to the latest Federal Labour Office figures. This is the highest rate since May 2021.The report shows that the number of people out of work increased by 22,000 in seasonally adjusted terms to 2.702 … [Read more...]
Hundreds of Dutch farmers sign up to close their livestock farms under new scheme
The EU has approved a €1.5 billion scheme to buy out Dutch farmers and reduce nitrogen emissions. Over 750 Dutch farmers have signed up for a government buy-out scheme, although it will take months before it's clear if the plan will be put into practice. It is part of the Netherlands’ drive to drastically slash nitrogen emissions, a major source of which is livestock farms. Farmers in … [Read more...]
Latest news bulletin | November 30th – Midday
Catch up with the most important stories from around Europe and beyond - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel. Appeared first on: euronews.com … [Read more...]
COP28 kicks off in Dubai, promising two weeks of fierce negotiations over fossil fuel phaseout
Representatives from nearly 200 countries have gathered for a fortnight of negotiations chaired by the United Arab Emirates. The 28th United Nations Climate Change Conference (COP28), which promises to be a fierce battle over the exit from fossil fuels and the financing of the energy transition in developing countries, has officially opened in Dubai.The Egyptian president of last year's … [Read more...]
Rivers, birds, culture: ECB selects motifs for new euro banknotes
The EU's central bank is looking to shift from the windows and bridges that decorated the euro since its inception Euro banknotes are set to be adorned with either rivers and birds, or images of European culture, as the European Central Bank (ECB) whittles down options for the first redesign of the currency since its inception.One of the two themes will replace the existing images on euro … [Read more...]
Inflation in Europe falls to 2.4%, as higher interest rates squeeze growth
Inflation for the 20 countries using the euro currency fell from an annual 2.9% in October, according to numbers released Thursday by Eurostat, the European Union's statistics agency. Europeans again saw some relief as inflation dropped to 2.4% in November, the lowest in more than two years, as plummeting energy costs have eased a cost-of-living crisis but higher interest rates squeeze the … [Read more...]
COP28 latest: UN chief says climate talks should aim for complete 'phaseout' of fossil fuels
UN Secretary General: COP28 must aim for a complete 'phaseout' of fossil fuelsUN Secretary General Antonio Guterres has said that COP28 should aim for a complete "phaseout" of fossil fuels. "I think it would be a pity if we would stay in a vague and noncommittal 'phase-down' whose real meaning would not be obvious for anybody," he told AFP before he boarded his flight to … [Read more...]
IAEA: dangers around Ukraine's nuclear power plants are multiplying
The Zaporizhzhzia nuclear power plant in southern Ukraine has remained in Russian hands since the invasion of the country in early 2022. Dangers are multiplying around Ukraine's nuclear power stations because of the proximity of the fighting and the power cuts, the Director General of the International Atomic Energy Agency (IAEA), Rafael Grossi, said on Wednesday."There are a whole host of … [Read more...]
'We belong': LGBTQ community finds haven in Kosovo's inclusive Bubble Pub
Updated: 30/11/2023 - 10:56 As the sun rises over Kosovo’s Pristina, the call to Muslim morning prayer from tens of minarets echoes through the city, just as the last call sees patrons at the capital's first and only LGBT bar Bu Appeared first on: euronews.com … [Read more...]
What are blue carbon credits and can they help battle the climate crisis?
Experts say this form of carbon offsetting could strengthen the fight against climate change, but it must be used responsibly. You may have heard people say that trees are the lungs of the earth - and they’re not wrong.Forests play a key role in our fight against the climate crisis, as they’re able to absorb carbon dioxide from the air and release oxygen via photosynthesis.But whilst our green … [Read more...]
Drinking water restrictions introduced as northeast Spain weeks away from drought ‘emergency’
Drought ‘emergency’ could be weeks away, authorities in northeast Spain have warned. Appeared first on: euronews.com … [Read more...]
France price rises fall in November as inflation eases in the energy sector
French inflation numbers for November came in lower than expected following a slower rise in energy and service sector prices. France’s year-on-year November inflation print was released on Thursday, coming in at 3.4%, down from 4% in October. This is the lowest figure since last January and was mainly attributed to a slower-than-expected rise in services prices, which rose 2.7%, … [Read more...]
Record increase in EU military spending amid 'demanding times'
Despite the funding surge, Europe's defence industry cannot meet demand from Ukraine as it battles the Russian invasion. Military spending in the European Union hit a record €240 billion in 2022 - up 6% on the previous year, the European Defense Agency (EDA) said on Thursday.This is the eighth consecutive year of growth in the bloc, with many states defending the need for a significant … [Read more...]
Elon Musk uses expletive to blast advertisers fleeing X over hate speech and antisemitism
In a deepening crisis for X (formerly Twitter), Elon Musk used a swear word in front of an audience when talking about advertisers fleeing the site. Billionaire Elon Musk said on Wednesday that advertisers who have halted spending on his social media platform X in response to antisemitic and other hateful material are engaging in "blackmail" and, using a profanity, essentially told them to go … [Read more...]
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