The 29th United Nations Climate Change Conference (COP29), held in Baku, Azerbaijan, wasn’t just another meeting of world leaders—it was a moment to decide whether global promises on climate action would translate into real change. Against the backdrop of towering mountains, melting glaciers, and drying rivers, Central Asia stepped forward with ambitious ideas and plans to address its climate challenges. For a region often overlooked, COP29 provided a moment to showcase not just its vulnerabilities but its potential to lead in the fight against climate change.
On November 17th, Joe Biden’s administration permitted Ukraine to use US-made ATACMS (Army Tactical Missile Systems) long-range missiles on Russian soil, rather than only in Ukraine and on the Crimean peninsula. This marked an escalation in the war after a seemingly long period of relative stability. The following events also contributed to illuminating the overbearing question: Will this conflict become something greater?
On Tuesday, November 19th, British farmers gathered en masse in the English capital to protest the so-called ‘tractor tax’ included in the recent budget, delivered by Chancellor Rachel Reeves on October 30th. The budget, Labour’s first in 14 years, also included headline announcements such as an increase in capital gains tax, an increase in the ‘National Living Wage’, and increased funding for the National Health Service (NHS). None of these measures, however, have garnered as much attention as the ‘tractor tax’, which has drawn both praise and scrutiny
It is safe to say that Donald Trump’s re-election is having a substantial impact on the stock market, both in the USA and worldwide. The tariffs he plans to implement will radically change the economic landscape and flood the markets with extreme instability at a time when little seems to be certain.
With the past two years of mass job cuts 2024 looks to be taking the same route. Tech companies continue to announce layoffs, amid this advancement of technology. In January of this year over 34,000 people were laid off from over 40 different companies.
In total this year 457 tech companies have laid off 143,136 employees, for some companies these layoffs are a way of restructuring while others had to close down whole departments due to slow revenue growth.
Despite this uncertainty in the US, it is clear that the era of government friendliness towards Big Tech is over, and it is probable that in the future more and more lawsuits will be filed as governments seek to limit the power, size, and influence of Big Tech.
This article is written in conjunction with the IE Law Society.
By Paulette Freixas
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