RWE CEO Proposes Two‑Year Strategic Gas Reserve, Challenges Current Fill‑Level Rules
Markus Krebber, chief executive of RWE, has called for the creation of a strategic gas reserve to be rolled out over a two‑year period, and has raised doubts about the current inventory‑level targets. He told the news portal Politico that the present “fill‑level” specifications are counter‑productive for the market and ultimately make gas supply more expensive.…
March 2, 2026
EU and Switzerland Sign Agreement to Strengthen Bilateral Cooperation
The EU and Switzerland have launched a comprehensive package of agreements aimed at deepening and broadening their bilateral ties. President of the European Commission Ursula von der Leyen and Swiss President Guy Parmelin signed the package on Monday. The new framework is designed to provide modern access to the EU internal market for key sectors and to deliver economic…
March 2, 2026
550 Dead in Iran After US and Israel Attacks
According to the Iranian Red Crescent Society, the U.S. and Israel’s attacks on Iran have killed at least 550 people so far. 131 cities across the country have been affected, and the figures do not separate military personnel, regime officials, and civilians. The Red Crescent reports that more than 100,000 rescue workers and aid volunteers are on high alert nationwide.…
March 2, 2026
SPD Accuses Gas Stations Of Nickel And Dime Over Iran War Fuel Price Hikes
The SPD says that the rapid rise in fuel prices at gas stations-attributable to the Iran war-is unjustified. Esra Limbacher, the party’s deputy group leader, told the Rheinische Post’s Tuesday edition that what is happening at many pumps is outright gouging and that the very early price hikes are unacceptable. She added that the gasoline and diesel currently sold…
March 2, 2026
German Federal Police on High Alert at Train Stations and Airports Amid Rising Iran Conflict
The Federal Police are on heightened alert at German train stations and airports amid the expanding conflict in Iran.Police Union (GdP) chairman for the Federal Police area, Andreas Roßkopf, told the “Rheinische Post” (Tuesday edition) that the increased readiness applies especially to stations and airports, describing them as critical infrastructure.He added…
March 2, 2026
Starlink Plans 150 Mbps 5G Mobile Service
SpaceX is reportedly planning a mobile service that could deliver speeds of up to 150 Mbps. Two senior SpaceX officials told different industry conferences, as reported by “Handelsblatt” in its Tuesday issue. According to Jack Rockaway, who heads the company’s government relations, the high speed might be reached within “a few years”. The idea…
March 2, 2026
Beyer Warns Merz Washington Visit Will Shift Focus After Iran Attack
Peter Beyer, a CDU foreign‑policy spokesperson, says the recent Iranian attack will change the agenda of Chancellor Friedrich Merz’s visit to Washington. The visit had originally been planned to focus mainly on Ukraine and transatlantic tariff disputes, but that focus will now shift toward the conflict and its aftermath. “It will essentially be about Iran and…
March 2, 2026
Dax Starts Weak as Investors React to Middle East Conflict
The DAX opened the trading day on Monday with sharp losses. By 9:30 a.m. the benchmark was priced at about 24,715 points, down 2.3 % from Friday’s closing level. At the top of the most‑active list were shares of Rheinmetall and RWE, the only names trading in the green, while the bottom saw Deutsche Bank, Zalando and Siemens slide into the red. Investors reacted…
March 2, 2026
U.S. Military Jets Crash in Kuwait Amid Ongoing Tensions
Several US fighter jets appear to have crashed in Kuwait. According to the Kuwaiti defense ministry on Monday, the crews were unharmed and were taken to hospitals for medical examinations. The exact number of aircraft involved and the causes of the crashes were not immediately known. The ministry added that it was coordinating with its U.S. ally on the circumstances of the…
March 2, 2026
Schleswig-Holstein Demands Tougher Penalties for Antisemitism After Kiel Incident and Berlinale Row
After a string of antisemitic incidents in Kiel and controversial remarks at the Berlinale, the state of Schleswig‑Holstein seeks to tighten its criminal law. At a ministerial conference on 5 March, Prime Minister Daniel Günther (CDU) will present a proposal that classifies hate against Jews and against Israel as a “particularly serious case of incitement to…
March 2, 2026
German Retail Sales Dip 0.9% in January 2026
Retail sales in Germany fell 0.9 % in real terms after calendar‑ and seasonally adjusting, from December to January 2026. Nominal sales were unchanged month‑on‑month, according to provisional results announced by the Federal Statistical Office (Destatis) on Monday. Against the same month last year, sales rose 1.2 % in real terms and 2.5 % nominally. For December 2025, after…
March 2, 2026
Germany Social Media Use Hits 59 Percent Among Ages 16 to 74 in 2025
The use of social media in Germany has risen sharply over the past five years across all age groups. In 2025, 59 percent of people aged 16 to 74 reported using social media for private purposes, according to a statement from the German Federal Statistical Office (Destatis) on Monday. This marks a clear increase from 2021, when less than half of the population (47 percent)…
