Dieter Bornemann presents the ORF business magazine “Eco” on Thursday, November 7th, 2024, at 10:30 p.m. on ORF 2 and on ORF ON with the following contributions:
President for sale: How Elon Musk bought influence with donations
America has voted and Donald Trump will become the 47th President of the USA. A victory that cost him a lot. Democrats and Republicans spent $5.5 billion in the race for the White House, only in 2020 it was more. The majority of the money came from companies or private individuals: Microsoft founder Bill Gates supported Kamala Harris and Tesla boss Elon Musk supported Donald Trump – also active in the election campaign and with advertising on his social media platform X, formerly Twitter. He could even be offered a government position for this. But one thing is already certain: With the millions that Musk put into the Trump campaign, he was able to buy himself a lot of influence. Report: Ines Ottenschläger, Lisa Lind
Large dairy against trading giants: The background to the NÖM milk boycott
It is a dispute between two heavyweights on the Austrian food market: the country’s second largest dairy, NÖM, is boycotting the largest food retailer, Spar. The company refuses to pay higher milk prices, according to the dairy farmers who supply NÖM. There have been no new products from Lower Austrian milk producers on Spar shelves for more than two weeks – at least as far as the NÖM brand is concerned. Because various other products from NÖM are still delivered to the grocer. So what’s behind the argument on the open stage? Who is to blame for the low milk prices? And who designs the milk supply contracts in such a way that preference is given to large agricultural operations? Report: Johannes Schwitzer-Fürnsinn, Emanuel Liedl
No electricity price cap: Are we better prepared for the next energy crisis?
With Russia’s war of aggression against Ukraine in 2022, gas and electricity prices for households and businesses have also skyrocketed to unimagined heights – even for electricity customers who had relied on 100 percent Austrian hydropower. While electricity suppliers’ profits were bubbling, more and more customers could hardly afford the energy prices. The state had to step in with the electricity price brake, which expires at the end of the year. Lawyers and litigation financiers are still demanding a lot of money back from electricity suppliers on behalf of angry consumers. Have the right lessons been learned from the crisis or are there a risk of skyrocketing energy prices again? Report: Bettina Fink
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