The Federation of Malaysian Business Associations stated that a blanket work-from-home policy could cost the Klang Valley hundreds of millions of ringgit a month, emphasizing that these losses are expected to be 1.9x to 2.9x higher than the projected savings of widespread work-from-home arrangements.
"This is absolutely a rare window for young workers because the demand is real, funded, and seemingly long-term," Fraser Patterson, CEO of Skillit, stated. "These are not speculative jobs. They are tied to multi-decade investment cycles, and they offer a path to strong earnings, skill development, and stability without requiring a traditional four-year degree."
The IAA covers several key sectors, including steel, cement, aluminum, cars and innovative technologies, such as batteries, solar, wind and nuclear. The new rules would set a minimum requirement for projects using public funds. For example, aluminum sector projects would require 25% of the aluminum to be produced in the EU and with low-carbon technologies. For cement, the equivalent rate would be 5%.
"In the era of great powers, our freedom is no longer a given. It is under threat," said German Chancellor Friedrich Merz at the opening of the Munich Security Conference earlier in February. Merz explicitly mentioned China. "China has the ambition to shape global affairs, laying the foundations for this over many years with strategic patience. In the foreseeable future, Beijing could draw level with the US in terms of military might. China is systematically exploiting the dependencies of others, reinterpreting the international order on its own terms," he said.
While it's appropriate to lament the lack of bipartisan cooperation in Washington, just because something's bipartisan doesn't mean it's a good idea. Exhibit A could be Senator Tammy Baldwin (D-WI) and Senator J.D. Vance's (R-OH) "Invent It Here, Make It Here" bill. Despite the name and its good intentions, it condemns promising federally funded inventions to waste away without doing a thing to build our domestic manufacturing base. It's scheduled to be considered this Thursday in the Senate Commerce, Science and Transportation Committee.
Given the daunting nature of the challenges they face in the era of Donald Trump, it is perhaps understandable that European politicians should wish to get away from it all. This week, in what is being billed as a leaders' retreat, a remote castle in the Belgian countryside has been selected for an EU summit on competitiveness. The pastoral setting may soothe the spirits of attending heads of state; but it belies the urgency of the debate they need to have.