January, 2023

• 1 January

  Macron: 2023 will be year of pension system reform

    Bloomberg French President Emmanuel Macron pledged to push ahead next year with an unpopular overhaul of the country’s pension system that will effectively force people to work longer. The new rules on retirement will apply from the end of the summer, he said during a New Year’s address to the nation in which he urged citizens to remain unified ...

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• 1 January

  Shielded by Russia and China, Myanmar junta turn more brutal

  

  Bloomberg When Myanmar carried out the death penalty for the first time in three decades by executing four activists in July, China and Russia stayed silent while the US and its allies condemned the junta. Now the regime is on the verge of doing it again. Seven university students were sentenced to death last month by a secretive military court ...

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• 1 January

  Venezuela oppn ends Guaido’s leadership in vote

  

    Bloomberg Venezuela’s opposition put an end to Juan Guaido’s interim government, voting against renewing his US-backed strategy that failed to oust President Nicolas Maduro over the course of almost four years. A proposal to eliminate the parallel government passed a second and final round of voting in the opposition-led National Assembly. Starting from January 5, the National Assembly is ...

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• 1 January

  China’s Communist Party names Yi to lead foreign policy

  

    Bloomberg China’s ruling Communist Party has named Wang Yi to direct the nation’s foreign policy after he was promoted to the 24-member Politburo following last year’s twice-a-decade party congress. The foreign ministry’s website posted a report by Wang as the director of the general office of the Central Foreign Affairs Commission. His previous position as foreign minister was recently ...

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• 1 January

  UK’s problems won’t go away in ’23: Sunak

  

  Bloomberg UK Prime Minister Rishi Sunak told Britons that the problems bedeviling the country won’t disappear in 2023, a warning that prompted the Labour Party to accuse the government of wrecking the economy. In his first New Year’s address as prime minister, Sunak struck a sombre tone, acknowledging that it had been a difficult year for the country. “I am ...

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• 1 January

  Starbucks illegally fired union leader: US

  

  Bloomberg US labour board prosecutors have concluded that Starbucks Corp illegally forced out a New York barista who has been a key architect of the union campaign that swept through hundreds of its cafes this year. The union leader, Jaz Brisack, resigned her Starbucks position in September, alleging that the company had pushed her out by changing its scheduling policies ...

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• 1 January

  Twitter sued for failing to pay office space rent

  

    Bloomberg Twitter Inc was sued for failing to pay $136,250 in rent for its office space in San Francisco. The landlord, Columbia Reit – 650 California LLC, says it notified Twitter that it would be in default on its lease for the 30th floor of the Hartford Building in five days unless the rent was paid. The tenant failed ...

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• 1 January

  Extinction Rebellion UK to stop protests that disrupt public

    Bloomberg The UK arm of environmental activist group Extinction Rebellion said it plans to step away from attention-grabbing tactics that have caused widespread public disruptions and instead focus on building broader support to help combat rising carbon emissions. “As we ring in the new year, we make a controversial resolution to temporarily shift away from public disruption as a ...

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• 1 January

  Tesla stocks witness worst year ever, drop 65% in 2022

  

  Bloomberg Tesla Inc shares have fallen so far, so fast that some individual investors are piling in, seeing a chance to pick up what was once Wall Street’s highest flying stock on the cheap. But would-be bargain hunters may want to take a closer look. Even after 2022’s record 65% drop, the electric-car maker’s meteoric surge during 2020 and 2021 ...

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• 1 January

  2023 will be the year of electric SUV

  

  Bloomberg In the evolution of the electric vehicle (EV), 2022 will be remembered for its megafauna: Massive electric trucks finally roamed the land, with equally outsized prices. Next year, however, should bring some subspecies — a diaspora of SUVs, including some slightly smaller options and, rarer still, a precious few with more modest window stickers. If you are in the ...

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