Economist Calls for European Gas Buying Cartel Amid Price Spikes
Faced with sharply rising procurement costs for natural gas, economist Gabriel Felbermayr is calling for European and Asian nations to consolidate their market power well before the summer months. This consolidation, he suggests, would be necessary to refill gas storage facilities at affordable prices. According to the economist, who spoke to the Funke media group’s…
April 10, 2026
Economist Advocates Hike to Commuter Allowance
Economist Lars Feld has stated that an increase in the commuter allowance is advisable. Feld told the “Rheinische Post” (Friday edition) that, from an economic standpoint, this can be justified using the net principle and will not interfere with price formation. He suggests raising the commuter allowance to 45 cents per kilometer. A former head of the Economic…
April 10, 2026
High Fuel Costs Boost Public Transport Ridership Surprising Verkehrsunternehmen
High fuel costs in Germany have the apparent effect of significantly increasing ridership on buses and trains. A spokesperson for the Association of German Transport Companies (VDV) noted to the “Rheinische Post” (Friday edition) that demand for public transport tickets is assumed to have risen due to the increased price of gasoline for private cars. However, the…
April 10, 2026
Rehlinger Demands Fuel Price Cap And VAT Cut Before Finance Summit
Ahead of a meeting with business associations and trade unions involving Finance Minister Lars Klingbeil (SPD), Saarländische Ministerpräsidentin Anke Rehlinger (SPD) has advocated for state price caps on gasoline and a reduction in the value-added tax. Speaking to “Redaktionsnetzwerk Deutschland” (Friday edition), the Minister-President, who also serves as a…
April 10, 2026
Martin Schulz Predicts End of Orban Era in Hungary
Former President of the European Parliament, Martin Schulz (SPD), predicts that Viktor Orbán is likely to lose the election in Hungary on Sunday. Schulz told the “Stern” podcast “5-Minute Talk” that “Viktor Orbán’s time is coming to an end”. He added, “You can feel it in the atmosphere that emanates from him. He no longer…
April 10, 2026
Left Party Demands 9 Euro Ticket Return And Energy Price Cap Amid High Costs
Given the persistent high prices for fuel and energy, the Left Party has called on the federal government to introduce a comprehensive “relief package”. Ines Schwerdtner, head of the Left Party, told the “Rheinische Post” (Friday edition) that if Merz is serious, he “must deliver now: effectively cap prices, consistently recoup the crisis…
April 10, 2026
Nursing Salaries See Significant Gains In Caregiving Fields
Wages for employees in care professions have increased considerably over recent years. This information comes from responses by the Federal Ministry of Labour to an inquiry submitted by The Left party, which was reported by the “Rheinische Post” on its Friday edition. According to the report, the median gross salary for full-time workers in care professions…
April 9, 2026
Mainz Beats Racing Strasburg 2 to 0 Securing Quarterfinal Edge
Mainz 05 secured a favorable position for the second leg of the Conference League quarterfinals with a 2-0 victory against Racing Strasbourg in the first match. The home team controlled the game from the start and rewarded their active performance early on. Kaishu Sano opened the scoring from distance in the 11th minute, putting Mainz up 1-0. Not long after, Mainz doubled…
April 9, 2026
Freiburg Dominates Celta Vigo Secures Big Lead in Europa League Quarterfinal
SC Freiburg secured a comfortable 3-0 victory against RC Celta Vigo in the first leg of the Europa League quarter-finals on Thursday evening, giving them an excellent starting position for the return match. The home team started aggressively and scored the first goal in the 10th minute through a precise strike from Vincenzo Grifo in the left half-space, making it 1-0.…
April 9, 2026
US Markets Fall Oil Prices Jump Amid Mixed Signals
US stock markets gained ground on Thursday. By the close in New York, the Dow Jones stood at 48,186 points, marking a 0.6 percent increase compared to the previous trading day. Minutes earlier, the broader S&P 500 was up 0.6 percent with around 6,825 points, and the technology-focused Nasdaq 100 calculated approximately 25,082 points, a 0.7 percent gain. Market…
April 9, 2026
Putin Halts Fighting for Orthodox Easter Pause in Ukraine War
Russian President Vladimir Putin announced a 32-hour ceasefire for the Orthodox Easter period in the conflict between Russia and Ukraine, according to the state Russian news agency Tass on Thursday. The ceasefire is scheduled to last from 4:00 PM on April 11th until the end of April 12th. Russian forces are reportedly ordered to halt hostilities but remain ready to stop any…
April 9, 2026
IG Metall Demands Quick Energy Price Relief Before Finance Minister Meeting
Before meeting with business associations and trade unions to discuss the economic situation stemming from the war in Iran, IG-Metall Vice President Jürgen Kerner is demanding swift state relief measures. Speaking to the “Power & Policy” podcast from Politico, Kerner stated, “Klingbeil’s office needs to secure financing in the short term, in my…
