After the EU Commission classified gas and nuclear as "green" investments in its climate taxonomy despite strong opposition, the next dispute is looming. This is about the "social" taxonomy. It is supposed to define minimum social standards of the financial classification system, such as ethical supply chains and decent working conditions. With the start of the war in Ukraine, one sector of the economy is now particularly explosive: the arms industry.
Von Redaktion Table
Chinese brands are overtaking former Western heavyweights. One example is Luckin Coffee. Starbucks used to dominate the market for on-the-go coffee. Now, a domestic competitor is taking over. The ingredients are the same as in other sectors: A better sense of the market and a head start on digitization. Zero Covid speeds up the shift.
Von Redaktion Table
