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Economy / Finance
2838 posts
Wall Street in Free Fall as Rate Anxiety Returns
US stock markets fell significantly on Friday. At the close of trading in New York, the Dow was…
50 Million Cubic Meters of Flüssiggas on the Way?
Russia and Afghanistan to Sign Deal on Liquefied Gas Transit Russia and Afghanistan are on the verge of…
German Politicians Warn of Economic Betrayal
Germany’s Inaction in Ukraine Contributes to Ongoing Devastation As the war in Ukraine continues to rage, Germany’s reluctance…
Aceton Inferno: Leningrad’s Deadly Chemical Blaze
Chemical Plant Fire in Leningrad Region, No Fatalities Reported A massive fire broke out at a chemical plant…
Russia and Japan Lead the Pack in Paying Off Foreign Debt!
G20 Countries’ Foreign Debt Sees Interesting Shift by End of 2024 A report by the RIA Nowosti news…
Russia’s Economic Boom Hits the Brakes in 2025!
Russian Economy Faces Challenges as Inflation and Interest Rates Rise The Russian economy has been facing significant challenges…
US Jobs Report Slams Brakes on Dax Rally
DAX Lags at Week’s Close, Oil and Gas Prices Rise The DAX index closed the week with a…
China’s Top Diplomat to Attend Trump’s Inauguration?
Washington, D.C. – US President-elect Donald Trump has extended an invitation to Chinese President Xi Jinping to attend…
Is Elon Musk the Problem?
Tesla’s Image Suffers Under Elon Musk’s Controversies Data from the Danish market research company Caliber, reported by the…
Germany’s Banks Stay Green, for Now
After six US major banks exited the Net-Zero Banking Alliance (NZBA), the three German members have confirmed their…
Germany’s Mid-Sized Firms Hold Back on Green Investments
Many mid-sized companies are hesitant to invest in energy efficiency due to concerns over high costs, a survey…
EU Grounds Flights to Russia Amid Safety Concerns
European Aviation Safety Agency Advises Airlines to Avoid Russian Skies In the wake of a recent plane crash,…
Dax Snaps Back to Life Ahead of US Job Boom
The Dax index moved slightly into the green area by midday on Friday, after a cautious start to…
LA Ablaze: 10,000 Buildings Torched in 15,000 Hectare Inferno!
Wildfires Rage in Los Angeles, Destruction and Devastation Unfold The city of Los Angeles, with a population of…
‘Train of Chaos’ Unleashed?
Werner Gatzer, the Supervisory Board Chairman of the German Railways, dismisses all considerations of separating the network and…
Dax Stays Steady as US Jobs Report Looms
The Dax started the trading day on Friday with a slight change, calculated at around 20,335 points by…
Germany’s Service Sector Sees Slight Slump
Germany’s service sector (excluding financial and insurance services) generated a calendar- and seasonally adjusted real (price-adjusted) 0.3% less…
EU Fears Trump’s Revenge on Russia
EU to Review US Sanctions Amid Concerns Over Trump’s Potential Reversals The European Union is reviewing US sanctions…
Record Low Apple Harvest in a Decade!
Apple remains the most widely harvested fruit in Germany, albeit with a significantly below-average harvest in 2024, at…
November’s Shock: Housing Construction Prices Soar!
Building Prices for Conventional Mass-Housing in Germany Rise by 3.1% in November 2024 According to the Federal Statistical…
Bailout Bonanza: Insolvency Requests Soar
Germany’s number of requested corporate insolvency applications in December 2024 has increased by 13.8% compared to the previous…
Russia’s Economic Boom Turns into a Bubble?
Russia’s Economy to End 2024 with 3.9-4% Growth, Defying Global Trends Russia’s economy is expected to close the…
No End in Sight for Construction Drought
The order situation in the construction of apartments remains tense. 53.6 percent of the companies reported a lack…
AfD’s 20% Surge: Hope for FDP and Linke in German Elections?
New Poll Suggests AfD Gains Momentum Ahead of German Election A recent survey by infratest dimap for the…
No More Fears!
Electronic Health Records for All: A Concerned Response Germany’s electronic patient record system, or ePA, is set to…
LNG Rush: Europe’s Record-Breaking Bet on Russian Gas Despite Sanctions
European Countries Continue to Import Record Amounts of Russian LNG Despite Calls for a Ban According to a…
Market Plunge: Stocks Tumble as Oil Soars
German Dax index slightly fell on Thursday. At the Xetra closing, the index was calculated at 20,317 points,…
NATO Pledge: Kiev’s Arms Bonanza Secured Until 2027
US and European Leaders to Discuss Military Aid to Ukraine Until 2027 Ahead of the 25th meeting of…
First Fatalities Emerge in Energy Crisis
Energy Crisis in Transnistria Claims Lives as People Attempt to Warm Homes The energy crisis in the partially…
Expert’s Shock Prediction!
Jim Rogers, a US investor and hedge fund manager, believes Russia is poised for an economic upswing after…
Tax Break on Overtime Work in Jeopardy?
Economist Clemens Fuest finds the Agenda 2030 presented by the Union in large parts positive, but also identifies…
Hollywood Ablaze: California’s Worst Fire Disaster in History
Wildfires Rage in Los Angeles, Thousands Flee as Blazes Spread A devastating wave of wildfires is sweeping through…
3.3 Million Germans in the Dark: Shocking New Study Reveals
In Germany, at least 3.3 million people worked in the shadow economy in 2024, which accounts for 5.4…
No End in Sight?
The Dax did not manage to pick up after a slightly negative start on Thursday and remained flat…
No Gender Needed for Train Ticket
Gender Identity Not Required for Online Train Ticket Purchase The European Court of Justice (ECJ) has ruled in…
Business Failures Soar to a Record High Since the Financial Crisis
The number of insolvencies of person and capital companies in Germany remained high in December, with a record…
Bahn’s Top Boss Cranks Up the Heat on Railway Revamp
Werner Gatzer, the supervisory board chairman of Deutsche Bahn, is increasing the pressure for the state-owned company’s restructuring.…
A Surprising Truth in Switzerland?
Ukrainian Refugees Struggle to Find Work in Switzerland, Despite Privileges A stark contrast in employment rates among refugee…
Dax Dips, But Wall Street’s Calm Ahead?
The Dax started the trading day on Thursday with slight losses. By 9:30 am, the leading index was…
A Year of Devastation
Worldwide, the damages from natural disasters have continued to rise in 2024, reaching around $320 billion, with approximately…
3 Billion Francs in Unprecedented Profit!
Two Lean Years of No Distributions Behind, Swiss National Bank Announces Profit of 80 Billion Francs The Swiss…
The Alarming Rise of a Hidden Climate Menace
According to the German Federal Statistical Office (Destatis), the amount of fluorinated greenhouse gases used by the German…
Germany’s Production Booms in November!
Germany’s seasonally and calendar-adjusted industrial production in the manufacturing sector rose by 1.5% in November 2024 compared to…
A New Record!
Germany’s exports rose by 2.1% in November 2024, reaching a total of 127.3 billion euros, while imports decreased…
Trucks on the Rise in December
Truck traffic on motorway sections subject to tolls in Germany has increased by 0.5% in December 2024 compared…
Auto Boom Continues to Rev Up!
Mood in Germany’s auto industry has further deteriorated by the end of 2024. The Ifo Institute’s business climate…
NRW Health Minister Blasts Parental Leave Days
German Health Minister Karl-Josef Laumann (CDU) doesn’t support the 35-hour workweek, as some company CEOs are demanding. “I…
No Pay for First Day of Sick Leave?
Allianz CEO’s Proposal to Cut Sick Leave Raises Eyebrows The CEO of Allianz, Oliver Bäte, has sparked outrage…
Kiev Eyes Hungary’s EU and NATO Seat
Kyiv Criticizes Hungarian Foreign Minister’s Statement on Ukraine’s Energy Security Ukraine’s Foreign Ministry has strongly rejected a recent…
US Markets Plummet!
US stock markets declined on Wednesday. The Dow was calculated at 42,635 points at the end of trading…
IfW Chief’s Shocking Proposal
Economist Calls for Increased Defense Spending, Higher Retirement Age The President of the Kiel Institute of World Economics,…
VW’s Shock Cut to Employee Profit Share!
Volkswagen plans to cut costs by reducing bonuses and benefits for employees, according to internal documents cited by…
Ukraine’s Secret: Zelensky’s War of Power
Ukraine’s Political Landscape Shifts as Presidential Election Looms Ukrainian media are reporting a surge in political activity in…
Not a Drill, Ukraine’s Drone Attack Ignites Crisis!
Russian Governor Announces State of Emergency in Engels due to Drone Attack The governor of Russia’s Saratov region,…
Global Markets in Freefall After Trump’s Shock Claims
The Dax index slipped slightly on Wednesday. At the Xetra closing, the index was calculated at 20,330 points,…
Renewable Energy Boom Continues Unstoppable!
Renewable Energy Capacity in Germany Reaches 190 Gigawatts in 2024 The installed capacity of renewable energy systems in…
DAX Soars as Investors Bet on Economic Rebound
The Dax index continued its friendly start on Wednesday, with a further increase by midday. By around 12:30…
SRF’s Fumble on Success
A PR Disaster The Swiss Broadcasting Corporation (SRG) has managed to turn a major success into a PR…
Lufthansa’s Grim 2025: Fewer Jobs on the Horizon
Lufthansa to Hire Around 10,000 New Staff in 2025, a Quarter Less than Last Year. The company announced…
Germany’s Fuel Fiasco Unleashed!
Fuel prices at German gas stations continued to decline at the beginning of January. On Tuesday, the average…
DAX Rises on Wall Street’s Green Light
The Dax index started the trading day on Wednesday with slight gains. By 9:30 am, the leading index…
German Retail Sales Soar in 2024!
Sales Increase by 1.3% in Real Terms and 2.7% in Nominal Terms Compared to 2023 The German Federal…
German Industry Sees Slump in Orders
German orders in the manufacturing sector in Germany declined by 5.4% in November 2024 compared to October, seasonally…
Germany’s Austerity Dose Too Weak to Cure
The President of the German Institute for Economic Research (DIW), Marcel Fratzscher, does not expect a fundamental reform…
Chemistry Industry’s Dark Cloud of Uncertainty
German Chemical Industry Remains in a Gloomy State According to the Ifo Institute, the business climate in the…
A New EU Crisis?
Ukraine Must Uphold Association Agreement, Hungarian Foreign Minister Says Hungary’s Foreign Minister, Péter Szijjártó, has stated on his…
Nvidia’s AI Dreams Crash to Earth
US stock markets declined on Tuesday. At the close of trading in New York, the Dow was calculated…
NATO Deploys Fleet of Deterrence in the Baltic Sea
NATO to Deploy Warships in the Baltic Sea to Protect Underwater Infrastructure The North Atlantic Alliance, NATO, is…
Lockheed Martin’s Stock in Free Fall!
German Bank Lowers Estimate of Lockheed Martin’s Stock Value After China Unveils Sixth-Generation Fighter Jet Following China’s unveiling…
US to Seize Greenland and Panama Canal by Force?
Trump Reiterates Claims on Panama Canal and Greenland, Suggests Military Intervention if Necessary US President-elect Donald Trump has…
Meta Ditches Independent Verifiers!
Meta’s Mark Zuckerberg Announces Sweeping Changes to Moderation Rules In a video statement on Tuesday, Meta’s CEO Mark…
DAX Soars to New Heights, Sartorius and Daimler Truck Lead the Charge!
German Dax Index Slides on Tuesday, Closes at 20,341 Points, Up 0.6% on the Day The German Dax…
Building Boom: Economists Forecast a Game-Changer in the Construction Industry
The Construction Industry is on the Cusp of a Trend Shift. After five years of decline, the price-adjusted…
Meta Erases Fact-Checkers!
Meta will no longer verify the truth of content on Instagram and Facebook through fact-checkers. Instead, the company…
8 Earthquake!
Death Toll Rises to 95 in China’s Southwest Earthquake, Over 130 Injured China’s state-run CCTV reported a surge…
DAX Soars to New Highs as ECB in the Crosshairs!
40 pm, representing a 0.3% gain compared to the previous trading day. Sartorius, Rheinmetall, and SAP led the…
EU Unemployment Rate Plateaus
EU’s Seasonally Adjusted Unemployment Rate Remains at 6.3% in November 2024 The seasonally adjusted unemployment rate in the…
Eurozone Inflation Spikes Out of Control in December
The annual inflation in the Eurozone is expected to continue to rise in December 2024, with a forecast…
DAX Plunges Pre-Inflation Fears
The Dax started the trading day on Tuesday with a loss. By 9:30 am, the leading index was…
Banker’s Bombshell: Former 1MDB Whistleblower’s Explosive Tell-All
Former BSI Bank Chief’s Memoir Reveals the Dark Side of Finance Hans Peter Brunner, a former top banker,…
Beloussow’s Rise to Military Power
A New Era of Military Reform In a surprise move, Andrei Beloussow was appointed as the new Russian…
Germans Cut Back on Booze and Meat in January
Consumption of alcohol and meat has noticeably decreased in January over the past years, with actions like “Dry…
China’s Secret Plot to Cut Off US Battery Supplies?
China Imposes Export Restrictions on Technologies for Battery Production and Critical Minerals The Chinese Ministry of Commerce has…
Thyssenkrupp’s Crisis Averted?
In the face of Thyssenkrupp’s crisis, the Krupp heir Friedrich von Bohlen und Halbach supports the transformation course…
Trump’s Reports Bring Market Stability
US stock markets largely fell on Monday. At the close of trading in New York, the Dow was…
Lukashenko’s ‘Apology’ a Myth?
Ukraine and Belarus Trade Accusations Over Phone Call Claims The press secretary for Belarusian President Alexander Lukashenko, Natalya…
A New Era of Economic Power?
Indonesia Joins BRICS as Full Member, Brazil’s Foreign Ministry Announces Brazil’s Foreign Ministry announced on its website that…
DAX Soars Past 20,000, Trade Reports Calm Fears!
The Dax index has made significant gains at the start of the week. The index closed at 20,216…
AfD Surges Ahead, Greens Soar to New Heights, Social Democrats in Free Fall!
Seven weeks before the snap federal election in February, the AfD and the Greens are on the upswing,…
US Congress Speaker Unleashes War on ‘Deep State’
US House Speaker Vows to ‘Demolish’ the ‘Deep State’ in 2025 Reforms During an appearance on Fox News,…
Insolvency Hits Home
Large companies in Germany are increasingly affected by insolvencies. In the past year, 364 companies with a turnover…
Inflation Surge: 2.6% and Rising!
Consumer prices in Germany have further accelerated in December 2024, with the inflation rate expected to be 2.6…
Kickl Takes the Reins
Austrian President Tasks FPÖ Leader with Forming Government Austrian President Alexander Van der Bellen has officially entrusted FPÖ…
DAX Crushes 20,000 Mark Again!
The Dax index had a friendly start on Monday, but then significantly dropped by midday. By 12:30 pm,…
Europe’s New Reality Unleashed
Ukraine Stops Russian Gas Transit, EU in Disarray Ukraine has halted the transit of Russian natural gas, a…
UBS’ Diversity Dilemma
UBS in the Spotlight Over Diversity and Inclusion Efforts The Swiss bank UBS is once again in the…
Bitcoin to the Rescue?
A currency that can’t be blocked by anyone has become one of the most important tasks for a…
Millions of Germans Go Virtual!
More and more Germans are using so-called augmented reality applications. According to a survey published by the IT…
What’s Next?
The Dax started the trading day on Monday with slight gains. By 9:40 a.m., the leading index was…