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Economy / Finance
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Bundeswehr Should Focus on Drones, Not Traditional Arms
Former Airbus CEO Tom Enders warns the new German government against indiscriminately spending billions on armament and focusing…
US Stocks Surge as China Signals Open Door for Talks
The US stock markets saw significant gains on Friday. At the close of trading in New York, the…
Dax Soars Past 23,000 Points, Easing Economic Worries
At the end of the week, the Dax made significant gains. At the Xetra closing, the index was…
What Does It Mean for Investors?
The unemployment rate in the United States remained at 4.2 percent in April, according to the US Department…
EU and Indonesia Trade Talks Accelerate Amidst US Customs Policy Concerns
The European Union sees good prospects for quickly concluding trade talks with Indonesia. Talks have recently “made very…
Dax Rises Amid Airbus, MTU, Siemens Energy and SAP Stocks; BASF Slumps Post-Qualified Results
The Dax continued to be in the green on Friday after an already strong start to the trading…
Data transfers to China deemed insufficient
Ireland’s Data Protection Commission imposes a €530 million fine on TikTok. The Commission announced on Friday that TikTok…
Germany’s Energy Burden
A study by Enportal, an energy procurement advisor for businesses in Germany, shows that network fees are becoming…
2.2 Percent in April
Inflation in the Eurozone remains stable at 2.2 percent in April 2025 The annual inflation rate in the…
Dax Soars on Strong German Stocks, Tech Giants Disappoint
The Dax made a strong start to the trading day on Friday morning. At around 9:30 am, the…
Experts Warn of Rising Earnings and Economic Impact
There is a potential increase in black market work in Germany due to the proposed rise in the…
US Stock Markets Surge as Tech Stocks Soar!
US stock markets have risen on Thursday. At the end of trading in New York, the Dow was…
SoVD Shocked by Top Manager Salary Gap in Germany Amidst Pandemic Impact.
The Sozialverband Deutschland (SoVD) has sharply criticized the gap in salary development between employees and top managers. “I…
DIW Warns of Recession and Calls for Action
DIW President Marcel Fratzscher warns of the consequences of a struggling US economy for Germany and calls on…
Condos, Homes Skyrocket 1.1%, 2.9% in First Quarter of 2025
The prices of residential properties and single and double-family homes in Germany have experienced a significant increase for…
Warning: Nursing Insurance at Risk of Mass Bankruptcies – Urgent Action Needed
Anne-Kathrin Klemm, chairwoman of the BKK-Dachverband, is urging the new government to stabilize the financial situation of many…
Meat Industry Cheers as Meat Subsidies Rejected, New Minister Announced
Deutschland’s food and meat industry representatives welcome the appointment of Alois Rainer (CSU) as the new state agriculture…
Stock markets soar despite signs of weaker economy
US stock markets have risen on Wednesday. At the end of trading in New York, the Dow was…
US GDP Data Causes US Stock Market to Dip, Boosting Dax
On Wednesday, the Dax experienced an increase. At the Xetra trading close, the index was calculated at 22,497…
Greenpeace Slams Meat Tax Proposal of Upcoming Agriculture Minister
Greenpeace criticizes designee Federal Minister of Agriculture Alois Rainer (CSU) for advocating against higher taxes on meat and…
Imports Fuel Decline, Consumer Spending Weakens.
The US economy surprisingly contracted by 0.3 percent in the first quarter of 2025, marking the first negative…
Social Association: Pension Increase Insufficient for Many
The Social Association of Germany welcomes the pension increase that was introduced by the Federal Cabinet on Wednesday,…
Inflation rate drops to 2.1 percent, but core inflation remains high in April 2025
The annual increase in consumer prices in Germany has once again slightly slowed down in April 2025, according…
Verdi Union Demands 15 Euro Minimum Wage Starting Next Year
The head of the services union Verdi, Frank Werneke, expects the minimum wage to be at 15 euros…
Diesel and Super E10 Fall Below Previous Week’s Highs.
Diesel and Super fuel prices have decreased after the increase in the previous week. Super E10 has become…
Dax Surges Amid Reporting Season, Postpones Punitive Tariffs Worries
The Dax remained in the green area on Wednesday after a friendly start until midday. At around 12:30…
Pension Increase: July 1st Brings Higher Payments for Retirees
The outgoing federal government has brought the pension increase announced by Federal Minister of Labor Hubertus Heil (SPD)…
Inflation Rate Stays Steady Across Germany in April.
The nationwide annual inflation rate, which stood at 2.2 percent in March, is expected to have remained relatively…
Germany’s GDP Upslightly in Q1 Despite Year-on-Year Decline.
The gross domestic product (GDP) in Germany increased by 0.2 percent, seasonally and calendar-adjusted, compared to the previous…
Germany’s Unemployment Rate Soars to 6.3% Despite Seasonal Decline
The number of unemployed people in Germany has risen by 182,000 to 2.932 million in April compared to…
Trump’s Auto Tariff Discount Announcement Sparks Dax Surge
The Dax opened positively on Wednesday. At 9:30 am, the Frankfurt stock exchange displayed around 22,585 points, 0.7…
Germany’s Employment Stalls in March Amidst Slight Labor Market Decline
In March 2025, approximately 45.7 million people with a residence in Germany were employed. According to preliminary calculations…
Germany’s labor costs soar to seventh-highest in EU, outpacing EU average by 30%
In 2024, German businesses in the manufacturing and service sectors paid an average of 43.40 euros for a…
German Import Prices Surge 2.1% in March, Exports Rise 2.0%
In March 2025, import prices in Germany were 2.1 percent higher than in the same month of the…
Food Up, Non-Food Down.
The turnover of retail companies in Germany decreased in March 2025 compared to February, after adjusting for calendar…
Volkswagen’s Profit Plummets as Electric Cars Drag Down Results
Volkswagen starts fiscal year 2025 with a profit decline. As the company announced on Wednesday, the consolidated net…
Retirees to face tax cuts, but only if economy grows
Thorsten Frei, the future Chief of the Chancellor’s Office (CDU), expects tax relief for small and medium-sized enterprises…
IG Metall Optimistic with Thyssenkrupp
The IG Metall is currently in negotiations with Thyssenkrupp regarding the closure of thousands of steel jobs. Christiane…
IG Metall: Wealth Tax & Higher Top Marginal Tax Rate to Fund Public Good
Christian Benner, the head of the IG Metall, is calling for a wealth tax in the tax debate.…
Rainer Promises No Meat Tax Hikes, Sees Potential for Lower Meat Prices
Designated Federal Agriculture Minister Alois Rainer (CSU) announces a shift in agricultural and meat policies and suggests that…
Stock markets rise despite falling consumer confidence.
US stock markets have closed with gains on Tuesday. At the end of trading in New York, the…
Critics slam Merz’s cabinet picks as ‘Rich and Powerful’ agenda
Grünen- und Linke-Chefs kritisieren Friedrich Merz für angeblich einseitige Kabinettsbesetzung The leaders of the Green and Left parties…
Experts Call for Urgent Action and Stabilization Measures.
Germany is facing a prolonged economic stagnation crisis, according to several economists. Since 2019, before the COVID-19 pandemic,…
Expert Rules Out Iberian-Style Blackout
Aachen, Germany – Aachen University’s Professor Albert Moser has stated that a large-scale blackout like the one recently…
Minimum wage demand of 15.12 euros to end poverty despite work
On Labor Day, the SoVD is calling for a strengthening of employee rights and a noticeable improvement in…
Deutsche Bank’s Profit Surge Lifts Dax, as Investors Await Key Data and Trade Policy Clarity
On Tuesday, the Dax experienced gains. At the Xetra trading close, the index was calculated at 22,425 points,…
Blackrock CEO Sees Europe as Winner in US Trade Dispute
Larry Fink, CEO of the asset manager BlackRock, sees weakness in the US dollar as an opportunity for…
Dax Soars on Hope of Trade Deal, as Investors Await Quarterly Reports
The Dax remained in the green on Tuesday after a friendly start in the morning. By around 12:30…
Deutsche Bank CEO Urges Rapid Reforms Amid Economic Uncertainties
Deutsche Bank CEO Christian Sewing urges new government to swiftly implement necessary reforms Christian Sewing, CEO of Deutsche…
Verdi Union Accepts Mediation Deal for Ground Handling Workers
The Bundestarifkommission Bodenverkehrsdienste of the service workers’ union Verdi has accepted the mediation recommendation from last week for…
Dax Surges as Trade War Worries Fade; Investors Eye Tech Giants’ Earnings Reports.
The Dax started the trading day on Tuesday in a friendly mood. At around 9:30 am, the leading…
DWS and Deutsche Bank Expand Private Credit Partnership
Deutsche Bank and its asset management subsidiary DWS expand cooperation on private loans The collaboration between Deutsche Bank…
EU Promises Financial Aid to German Businesses Hit by African Swine Fever
The European Commission has promised financial aid for the German businesses that were previously affected by the foot-and-mouth…
The Poor Are Getting Poorer
A new report by the Paritätischen Wohlfahrtsverband has found that income-poor people have become even poorer in recent…
German Companies Struggle with Economic Uncertainty Amidst Trade Tensions
German companies are increasingly struggling to predict their business development. According to a survey conducted by the Ifo…
GfK Report
German consumer sentiment has continued its recovery in April, according to the GfK Consumer Climate survey released on…
European Banks: Strong and Prepared for Tariffs and Market Turbulences
According to the European banking supervisor Eba, European banks are well-prepared for the challenges posed by the US…
DAK Urges Quick Action from New Health Minister
The head of the health insurance company DAK, Andreas Storm, has urgently appealed to the newly appointed Health…
Trump’s 100 Days: Chaos and Uncertainty Dominate US Foreign and Economic Policy
According to the deputy Prime Minister of North Rhine-Westphalia, Mona Neubaur (Green Party), the first 100 days of…
Rheinmetall: No Problem with Trump Tariffs, Sees Strong Future in US Military Programs and European Growth Opportunities.
The arms company Rheinmetall is taking the trade policies of US President Donald Trump in stride. “We are…
Unionist Calls for Action Against AfD Rise
IG Metall’s Chaja Boebel criticizes trade unions’ stance towards right-wing initiatives in companies. Boebel, who is responsible for…
Tech Giants’ Earnings Reports Expected to Drive US Stock Markets Despite Trade Uncertainty
US stock markets showed caution on Monday. At the end of trading in New York, the Dow was…
EU Struggles to Meet $350 Billion Target
US President Donald Trump’s request for more gas imports from the US puts the EU in a difficult…
Green Party Demands Transparency from Incoming CDU Ministers
The European Parliament member Daniel Freund (Grüne) demands that the designated Federal Economic Minister Katherina Reiche (CDU) and…
DAX Holds Steady as Airbus and Merck Surge Amidst Political News Lull
At the start of the week, the Dax showed a cautious performance. At the Xetra trading close, the…
German Farmers’ Association Urges New Minister to Simplify Regulations
The German Farmers’ Association (DBV) has called on the designated Agriculture Minister Alois Rainer (CSU) to reduce regulations…
SAP, FMC and Airbus Lead Gains
The Dax remained in the green on Monday after a friendly start earlier in the day. By around…
ENTSO-E Proposes Dividing Germany’s Power Zone into Five New Zones for Increased Efficiency
The European transmission system operators (ENTSO-E) are considering dividing the current electricity zone, which includes Germany and Luxembourg,…
Dax Rises on Monday, with Daimler Truck Leading the Pack
The Dax started the trading day on Monday in a friendly manner. At around 9:30 am, the leading…
A Bold Step in Financing the Defense Sector
The Deutsche Bank has expressed its support for partially guaranteeing bank loans to defense firms. In a guest…
Highest Proportion in Hospitality, Arts and Retail
In Germany, more than a quarter (27 percent) of the self-employed worked at least occasionally on weekends in…
Job Cuts Slow Down Slightly in Germany, but Uncertainty Lingers
German companies continue to reduce jobs, albeit at a slower rate than in the previous month. The employment…
Tariffs Threaten Jobs in Southern Germany Amidst Trump’s Trade War
If the threatened tariffs by US President Donald Trump against the EU were to come into effect after…
Record Spending on Citizen’s Income Hits 46.7 Billion Euros: CDU Calls for Abolition
The costs of citizens receiving unemployment benefits have reached a record high of 46.7 billion euros last year.…
Cashless Mini-Supermarkets to Boost Rural Provision
The retail trade in North Rhine-Westphalia is calling for the creation of uniform regulations for automated stores across…
A Double-Edged Sword in the Fight Against Recession
The future German government plans to take on several hundred billion euros of debt. The aim is to…
Stock Markets Plummet, Trump Slams Central Bank Chief as ‘Loser’
US Stocks and the dollar fell again after President Donald Trump escalated his attack on the US central…
New Tariffs on Solar Imports from Southeast Asia
Washington has expanded its trade dispute with China by imposing high tariffs on solar imports from four Southeast…
Austria Tightens Borders Amid Suspected Biological Terrorism Threat
Swine Vesicular Disease (SVD) is spreading in Hungary and Slovakia. Veterinarians are vaccinating and authorities are closing borders,…
Trump’s Move Fails to Weaken Global Trade Powerhouse
China’s Rise and the Shift in Global Manufacturing China is no longer the world’s workshop as western companies…
Record High Amidst Uncertainty of US Monetary Policy
Gold Price Hits Record High of Over $3,400 per Ounce The price of a fine ounce of gold…
Hefty Costs Hit Homeowners
Germany’s outgoing Minister for Economic Affairs, Robert Habeck (The Greens), claims that the decision to stop importing Russian…
Raw Material Imports Down, US Agriculture Suffers
The trade dispute between the US and China, fueled by President Donald Trump’s administration, has already had an…
China’s Ambassador Warns Tariffs Could Spark Global Economic Crash
The Chinese Ambassador to the United States, Xie Feng, has called on Washington to seek a common ground…
A Boon for the World or a Threat to Western Economies?
The concept of “Chinese overproduction” has become a common phrase when discussing China’s export products. It implies that…
China’s Ambassador Warns Trade War Could Trigger Global Economic Collapse
The Chinese Ambassador to the United States, Xie Feng, has called on Washington to seek a common ground…
Chinese Ambassador Warns of Economic Apocalypse if Trade War Continues
Chinese Ambassador Xie Feng Calls for Peaceful Coexistence and Warns of Retaliation in Trade War BEIJING – Chinese…
US Wealthy Flee to Switzerland Amidst Trump’s Trade War Escalation
Wealthy Americans are increasingly looking to Switzerland as a safe haven for their assets amid heightened tensions and…
China Snubs US Gas, Seeks Russian LNG Partnership
According to the consulting firms Kpler and LSEG, China did not purchase any gas from the United States…
Trade Wars Threaten Global Economy, Warns IWF Chief Kristalina Georgieva
The International Monetary Fund (IMF) has warned that the global economy is expected to slow down and face…
One-Third of Companies Plan Layoffs
A survey conducted by the Cologne-based Institute for Economic Research (IW) has revealed that more than a third…
Russia’s Shift to Domestic Currency Transforms Global Trade Landscape
Russia Successfully Reduces Use of “Unfriendly” Currencies Russia has successfully reduced the use of “unfriendly” currencies, according to…
US Gains Control Over Ukraine’s Reserves?
The United States and Ukraine have signed a draft agreement on rare earths, Ukrainian Economy Minister Julia Swiridenko…
Ruble Soars 40%: Trump-Moscow Rapprochement and Smart Central Bank Strategy Drive Record Gain
The Russian ruble has broken through the psychologically important threshold of 81 against the US dollar, reaching its…
EU Companies Embrace Russian Gas as US Dependency Fades
French and German companies are reportedly discussing the possibility of Gazprom returning to the European gas market. Didier…
A Boost for Domestic Industry?
The Ministry of Industry and Trade is planning to restrict parallel imports in favor of Russian goods, according…
Trump Intervenes Directly
US President Donald Trump directly intervened in the trade talks with Japanese officials on Wednesday, indicating that much…
ECB Cuts Rates Again Amidst Global Economic Uncertainty
The ECB’s decision comes only a few weeks after the controversial “Day of Liberation” declared by US President…
Deutsche Bahn stoppt Bauprojekte – Schweizer Kollegen jubeln
The Berliner Tagesspiegel reports on the latest bad news from the planning offices of the Deutsche Bahn. The…
Ruble Surpasses Gold as World’s Most Profitable Currency, Thanks to Trump’s Trade Wars
The Russian Ruble has become the most profitable currency in the world, having gained 38% in value since…