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Economy / Finance
277 posts
The Dark Side of the German Empire’s Automotive Arm!
Economist Monika Schnitzer has demanded a hard course correction at Volkswagen. “At VW, an end with a shock…
38% of Firms Ready to Cut Jobs in Shocking Survey!
Four of ten German companies plan to reduce their workforce in the new year. This is evident from…
BREAKING: The Shocking Oil Price Surge That’s About to Bankrupt the World!
On Wednesday, the Dax index decreased. At the Xetra closing, the index was calculated at 2,399 points, a…
BREAKING: US Inflation Bombshell: 2.7% Rate Soars, Is the American Dream in Flames?
US Inflation Rate Rises Slightly, Core Inflation at 3.3% The general inflation rate in the US has risen…
BOMBSHELL: German Regulator’s Shocking Approval of Soaring Mail and Package Prices!
Starting from January 1, 2025, the Deutsche Post will apply new postal rates for its services. The planned…
US Trading Opens, Will Investors Finally Get the Thrill They’ve Been Waiting For?
The Dax index had a moderate start on Wednesday and barely moved until lunchtime. By around 12:30 pm,…
BREAKING: EU Fishing Deal Sets Hook for North Sea, But What’s Baiting the Real Catch?
EU Fisheries Ministers Reach Agreement on 2025 Catch Quotas for North Sea and North Atlantic After lengthy negotiations,…
INFLATION SHOCK: US Numbers Send Dax into Freefall – What’s Next for Global Markets?
The Dax started the trading day on Wednesday with slight losses. By 9:30 am, the leading index was…
The Ride-Sharing Giant’s Next Big Move?
Uber to expand services beyond major cities. “Of course, our goal is also to come into the rural…
Record-Breaking Overnight Stays in the Making!
Germany’s domestic tourism declined in October. Compared to the previous year’s month, the number of overnight stays rose…
Pension Bombshell: Public Servants’ Golden Years Under Threat!
The number of public sector pensioners in Germany increased by 0..8% in 2024 compared to the previous year,…
BREAKING: Skyrocketing Prices Spark Insidious Debt Bomb in the Making!
Rising living costs put more consumers in financial distress in Germany. “The number of over-indebted households will increase”…
Germany’s Richest Man Exposes the Shocking Truth About the Country’s Economic Disaster!
According to Hessian entrepreneur Friedhelm Loh, the German economy is in a state of acute emergency. “The economic…
US Stock Market Seeks Next Big Thing!
US stock markets declined on Tuesday. At the close of trading in New York, the Dow was calculated…
Dax’s Sudden Slump Leaves Traders in a State of Panic!
On Tuesday, the Dax index slightly declined. At the Xetra market close, the index was calculated at 20,329.16…
BREAKING: Germany’s Shocking Science Slump – What’s Behind the Decline?
Germany’s investment in research and development (R&D) has increased significantly in 2023, but other European countries have made…
BREAKING: 100,000 Strong, IG Metall’s Unrelenting Push for Change at VW
Over 100,000 employees participated in the warning strikes at Volkswagen, according to IG Metall. The union specified the…
Are the Firm Failures Finally Flattening?
Insolvency numbers for German companies drop in November, but remain high According to a recent analysis by the…
BREAKING: Dax’s Mid-Day Crash – Sell-Off Continues Unchecked!
The Dax index barely moved on Tuesday, after a cautious start, until lunchtime. By 12:30 pm, the index…
2023: The Year You’ll Get an Extra Day of Vacation, But at What Cost?
By 2025, there will be an average of 248..1 working days across the country, which is 0.7 days…
German DAX Market Plummets in Record-Breaking Freefall – Is the Bear Market Here to Stay?
The Dax started the trading day on Tuesday with a slight loss. By 9:35 am, the leading index…
In a Shocking U-Turn, Nobel Laureate Acemoglu Slams Germany’s Debt-Breaking Brakes Reform
Economist Daron Acemoglu, who is to receive the Nobel Prize in Economics in Stockholm on Tuesday, deems a…
BOMBSHELL: Germany’s Inflation Rate Explodes to 2.2% in a Shocking November Surge!
German Inflation Rate Confirmed at 2.2% in November 2024 The German Federal Statistical Office (Destatis) has confirmed the…
Golf-Class Production to Rev Up the Economy?
BYD, the Chinese automaker, will start its local production in Europe in the compact car segment next year,…
BOMBSHELL: Price Hike Pandemonium: Top Firms Unleash Inflation Fury on the Market!
Businesses want to raise prices again in trade. According to the Munich Ifo Institute, price expectations decreased slightly…
BOMBSHELL: 200 German Flights Vanish into Thin Air in Shocking 5-Year Decline!
In the past five years, the German aviation industry has seen 200 routes, to, from, and within Germany,…
A Nation’s Defense in Free Fall
Germany Faces Massive Funding Gap in Defense Budget, Study Finds Germany will face a significant funding gap in…
BREAKING: US Market Plunge Ahead – Waiting for Economic Miracle!
US stock markets declined on Monday. At the end of trading in New York, the Dow was calculated…
SHOCKING: Dax Breaks the Mold, Soars to New Record High in a Stun!
The Dax index slightly retreated at the start of the week. At the close of the Xetra trading…
‘Wachstumsagenda’ Unleashed!
Clemens Fuest, the President of the Ifo Institute, warns of a trend change in economic policy. It is…
BREAKING: Shocking Employee Survey – Despite Takeover Drama, Commerzbank Staff Reveals Surprisingly High Job Satisfaction!
Commercial Bank Employees’ Satisfaction Soars Despite Unicredit’s Takeover Plans Employees at Commerzbank, Germany’s second-largest bank, have expressed a…
Riches Plummet as They Frantically Try to Hold On to Their Fortunes in the Wake of Unprecedented Market Crash
The Dax index slipped into the red area by midday on Monday, after a half-friendly start. By 12:35…
BREAKING: ECB’s Daring Move Sends Shocks Through Global Markets
The Dax opened with slight gains in trading on Monday. By 9:30 a.m., the leading index was calculated…
Germany’s Shocking New Trend for the Unemployed to Stay Unemployed
Small business owners in Germany head into 2025 with a bleak outlook. According to a survey published by…
BREAKING: Thyssenkrupp’s Steel Warning: ‘Fatal Blow’ to the Company Imminent?
Before a meeting between German Chancellor Olaf Scholz (SPD) with representatives of the steel industry in Berlin, workers’…
SHOCKING: Mental Health of Young Generation CRASHES!
Coronavirus pandemic had a significantly greater impact on the mental health of young people than the global financial…
Christmas Sales Plunge to Unprecedented Lows as Small-Scale Shops Struggle to Keep afloat
Germany’s retail trade currently sees little momentum in the ongoing Advent season. According to a report by the…
BREAKING: Wall Street in Freefall – Oil Prices Plunge in Wild Weekend Whiplash
US stock markets developed unevenly on Friday. At the close of trading in New York, the Dow was…
Bombshell Budget Boost: Merkel’s Government Spends Almost 130 Million Euros on Outside Agencies in Shocking Move
Federal Government Spent Over 130 Million Euros on External Lawyers and Advertising Agencies this Year Alone According to…
Worst Economic Downturn in Decades: Three Quarters of Germans Despair
Most Germans look pessimistically at the future of the domestic economy. According to a survey commissioned by “Sunday…
VW’s Imminent Crash: Scholz Warns of Factory Shutdowns in Shock Economic Move
German Chancellor Olaf Scholz has appealed to the Volkswagen car manufacturer to forgo factory closures. “Closing down locations…
The 6 Most Expensive Industries For Start-Up Costs
Entrepreneurship is more than a career path; it’s a journey driven by ambition, ingenuity, and the thrill of…
Germany down: After Corona & sanctions, the banking crisis hits the country hard.
Germany’s economy is facing multiple challenges, including the ongoing COVID-19 pandemic, economic sanctions, and now a banking crisis.…
The Chinese communist regime “sinks” billionaire Jack Ma
The founder of e-commerce company Alibaba, Jack Ma, has stepped out of the spotlight as China’s Communist Party…
Zybio company fired 10 thousand workers, causing unrest
The unrest in China is continuing as many companies are beginning to have financial difficulties as infections with…
Inflation in the Eurozone falls to 9.2 percent
The drop in inflation was stronger than expected, but experts are not overly optimistic. The next meeting of…
Shares of Apple and Tesla fall
Shares of Apple and Tesla have fallen on growing concerns about delays in their production lines in China.…
The price of oil in the world market falls
Oil prices on the world market today fell to their lowest level since the beginning of the year…
Oil prices in the world at the lowest level since last year
Oil prices fell to their lowest level since December 2021 as a wave of unrest in China hit…
Britain’s economy, the most affected among the G7
The global energy crisis will hit the UK economy harder than those of other powerful countries in the…
Surprising drop in producer prices in Germany
German manufacturers suddenly cut their prices in October for the first time in two and a half years.…
The Eurozone avoids the risk of a deep economic recession
The chances of the Eurozone falling into a deep economic recession this winter are shrinking. Big fiscal supports…
Mayor of London: BREXIT is not working
The mayor of London, Sadiq Khan, has said that BREXIT is not working because exporters in Great Britain…
Russia makes the largest one-day debt issuance in its history
Russia has made its largest one-day debt issue in history, raising the equivalent of €13.6 billion, the UK’s…
Germany increases emergency fund to cope with energy crisis
German authorities have stepped up preparations for an emergency fund in case of an energy crisis, as the…
FTX has filed for bankruptcy in the US
Cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it searches for a…
Musk does not rule out the possibility of bankruptcy of Twitter
Twitter’s new owner Elon Musk raised the possibility of bankruptcy for the social media platform on Thursday, capping…
Amazon becomes the first company to lose $1 trillion
It’s been a bad few weeks for tech companies as companies like Twitter and Meta announced massive layoffs.…
Tesla shares fall to their lowest level in two years
Shares of Tesla have fallen to their lowest level in nearly two years after Chief Executive Elon Musk…
Elon Musk sells $4 billion worth of Tesla shares
Tesla CEO Elon Musk has sold 19.5 million shares in a transaction valued at $3.95 billion. Musk’s move…
Twitter is asking dozens of workers to return to the company
After Twitter laid off roughly half of its staff following its acquisition by billionaire Elon Musk, the company…
Meta might be planning to lay off “thousands” of workers
Meta plans major job cuts that could affect “thousands” of workers. Sources familiar with the situation said the…
Angela Merkel in the target of the Ministry of Finance
Angela Merkel has been targeted by the German Ministry of Finance for the exorbitant expenses of her office…
Canada orders three Chinese firms to leave its lithium mines
Canada has ordered three Chinese companies to divest their investments from critical Canadian minerals, citing national security. As…
Germany fills gas deposits by 99.19 percent
German gas storage facilities are now 99.19 percent full, according to the latest preliminary data from European gas…
UK sanctions four Russian tycoons financing Putin’s war
The British Ministry of Foreign Affairs announces that it has placed on the sanctions list four Russian tycoons…
Musk denies reports that Twitter is planning mass layoffs
Elon Musk has denied a report that he plans to lay off workers massively from Twitter before the…
The world is facing the first global energy crisis
Russian military aggression in Ukraine will have long-term effects on energy supplies and markets. According to the results…
The EU proposes a major overhaul of bank payments
The European Commission has proposed a law according to which banks will have to immediately carry out all…
Coca-Cola’s revenue rose strongly after the price hike
US drinks giant Coca-Cola today reported double-digit revenue growth in the third quarter thanks to higher prices that…
Gas prices fall below 100 euros per MWh
Gas prices in Europe have fallen below 100 euros per megawatt-hour for the first time since mid-June, as…
The number of attacks on ATMs is increasing dramatically
The number of attacks on ATMs in Europe is increasing dramatically, Europol has determined. According to this agency,…
The EU will investigate the purchase of Covid vaccines
The European Public Prosecutor’s Office (EPPO) announced that it is conducting an investigation into the purchase of vaccines…
The pound rises after the resignation of the British PM
The pound rose against the dollar and government borrowing costs fell as investors reacted to the resignation of…
Home prices could fall by 20 percent in the US
Home prices in the United States could fall as much as 20 percent within the next year as…
The pound rises after the resignation of Liz Truss
The pound rose against the dollar and government borrowing costs fell as investors reacted to the resignation of…
Interest rate increase in the US risk of economic decline
The increase in interest rates in the United States of America is influencing the global increase in prices,…
The EU significantly reduces gas imports from Russia
The European Union (EU) has significantly reduced natural gas imports from 40 percent to 7.5 percent, with measures…
The EU significantly reduces gas imports from Russia
The European Union (EU) has significantly reduced natural gas imports from 40 percent to 7.5 percent, with measures…
The IMF allocated 1.3 billion dollars for Ukraine
The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of $1.3 billion to Ukraine…
Amazon plans to hire 150,000 workers
On Thursday, Amazon said it plans to hire 150,000 new workers across America to handle increased demand ahead…
Inflation in Turkey reaches a record level of over 80 percent
Inflation in Turkey in annual terms reached a new level of 83.4 percent in September, unlike that of…
Russian Gazprom cuts gas supplies to Italy as well
The Italian energy company ENI has informed that the Russian Gazprom has interrupted the flow of gas. Italian…
Protests in London against the high cost of living
Several hundred people protested in London against the high cost of living. Demonstrators gathered in front of King’s…
The new Norway-Poland gas pipeline opens
Gas has started flowing to Poland through a new “Baltik Pipe” pipeline, says the country’s gas pipeline operator…
Inflation in Europe, increased by 10 percent in September
Everyone has noticed it in the bank account. Money is running low. Prices are skyrocketing and filling the…
An increase in hotel prices is expected in 2023
A recent report from American Express Global Business Travel has revealed that hotel prices will increase over the…
All Turkish banks ban use of Russian payment system ‘Mir’
Three Turkish banks plan to exit the Russian payment system “Mir” due to warnings of economic sanctions. Turkiye…
IMF: The economic outlook is worsening in the world
International Monetary Fund loans to countries with economic problems have reached a record high, as the world organization…
The war in Ukraine has the biggest impact on the world economy
The Organization for Economic Co-operation and Development (OECD) said Russia’s war in Ukraine – now in its eighth…
The UAE will supply Germany with gas and oil
The United Arab Emirates (UAE) and Germany signed today, during the visit of German Chancellor Olaf Scholz to…
The Bank of England raises the interest rate to 2.25 percent
The Bank of England announced that it has raised interest rates by 0.5 percentage points to 2.25 percent…
Germany fills 90 percent of its gas reserves
Economy Minister Robert Habeck said that Germany can spend the winter “comfortably” despite the lack of Russian gas.…
The Federal Reserve will keep interest rates above 4 percent
The United States Central Bank will raise its key monetary policy rate to above 4 percent and keep…
Bitcoin continues to depreciate, falls below $19,000
Cryptocurrencies have fallen to lower levels again, due to concerns of regulators over risky assets with rising interest…
France will stop exporting electricity to Italy
Italy may be forced to go without French electricity for several years, from which it imports 5 percent…
Ethereum could topple Bitcoin
Ethereum‘s ‘merger’ marks a new era for cryptocurrencies that could turn it into the No. 1 coin in…
Prince William will have an income of 25 million euros
As heir to the throne, the King’s eldest son is entitled to the surplus created by the Duchy’s…
UK inflation shows signs of slowing
The rate of inflation in the UK has eased slightly, although prices continue to rise at almost their…
Most of the monuments will remain without power in Paris
Paris will start turning off the decorative lights adorning the city’s monuments a few hours earlier than usual.…