Diplomacy
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The 77th anniversary of the United Nations
24 October marks United Nations Day, the anniversary of the day in 1945 when the UN Charter entered into force. In the past 77 years, the UN has worked to maintain international peace and security, promote social progress, improve living standards and support human rights. There is no other global organization with the legitimacy, convening power and normative impact of the United Nations. No other global organization gives hope to so many people for a better world and can deliver the future we want.
Economics
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Carbon inequality
The richest 1% of the world's population produce 15% of the world's carbon emissions, double the emissions of the poorest 50%. On average, they emit more than 70 tonnes of carbon dioxide per person per year, 30 times more than we can afford to emit if we try to avoid exceeding the 1.5 degrees of global warming. If we consider individuals rather than industry, 10% of European citizens are responsible for 27% of the continent's total pollution. One of the billionaires' favourite toys, a superyacht—which is kept on constant standby—emits around 7,000 tonnes of CO2 per year.
Lifestyle
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Fairytale City in France: The Delightful Colmar Christmas Market
Christmas traditions are, as you know, very lively in Alsace. For centuries, the region has been observing Advent, the period that commences the fourth Sunday before Christmas. Time suddenly stops, and you enter into another dimension, one of wonder and emotion. You are in Colmar, a city of art and history, whose half-timbered houses are nestled between the hills of the vineyard and the Rhine Plain.
Beyond
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Making cars and aircrafts from the byproducts of petroleum refining
Cars are getting heavier. In the same category, the change compared to 30 years ago is dramatic: the weight of cars has increased by more than 15 percent. This goes against the principle of making vehicles more efficient to reduce greenhouse gas emissions and increase the range of electric vehicles. The solution to this problem would be to use lighter materials that also meet safety requirements.
Burghausen, city of opposites and special sights
In Germany, the Bavarian state has the most castles, with over one hundred castles and ruins marking the former important, central role of the region. The uniquely beautiful palaces and castles, each with its own legend, attract visitors not only from Germany but everywhere around the world. The appeal of the area comes from its cultural treasures, culinary delicacies, and the naturally cheerful Bavarian people. The symbol of Burghausen is the longest castle in the world, which is an outstanding sight in Upper Bavaria.
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Venice, the city of water and lights
Venice’s unique location, stunning architecture, romantic atmosphere, and world-famous carnival are all part of its appeal. Nicknamed as the Queen of the Adriatic, its former wealth, power, glamour and luxury evokes. Despite its faded charm, the city is made rather patinated and attractive by the fusion of cultures that have met here over the past centuries. It is no coincidence that the city of lagoons has inspired so many writers, poets and artists.
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One of the forerunners of photo-realism: László Méhes
We were sad to hear, László Méhes, one of the most important and internationally renowned figures in modern Hungarian art, passed away in Bry-sur-Marne on July 5, 2022. He was recognized as one of the major artists of Hungary, as well as he was one of the most important and internationally renowned figures in modern Hungarian art. His works are in the collections of major institutions such as the Centre George Pompidou, National Museum of Hungary. As a remembrance, we are sharing an interview from 2017.
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The Finest Art of Luxury Living
At the Crystal VAYA Unique, extraordinary design and a first-class location make it the ideal home base for your winter holiday in Obergurgl or your summer holiday in the rear Ötztal. In winter just strap on your skis in the morning directly in front of the hotel – and off you go for a full day skiing ahead. The Crystal VAYA Unique is located directly at the Festkoglbahn valley station. It combines glamour, chic alpine lifestyle and first-class design to create a very special holiday ambiance for all.
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The heart of Lake Constance, the floral Mainau Island
In the corner of the German, Swiss, and Austrian borders, where the Alps turn into a gentle slope, Lake Constance lies in an expansive valley protected from the wind. The subtropical area has a very rich flora, especially in the north-west. Germany’s national monument and most beautiful tourist attraction, the almost 45-hectare Mainau floral island is found in the basin of Upper Lake Constance.
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The economic shock of 2022: Is the global economy at risk of stagflation?
Last year, many economists were expecting 2022 to be a period of strong economic rebound. Instead, stagflation is again on the cards. After the double shock of COVID-19 and the Russian invasion of Ukraine, inflation rates have exceeded expectations, while economic growth forecasts are rapidly deteriorating. Therefore the prospect of stagflation’s return strikes fear – because there are few monetary tools to address it.
But what is stagflation?
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