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Economy / Finance
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40% of Companies Already Using Artificial Intelligence
German Economy Drives Adoption of Artificial Intelligence The German economy is continuing to push the use of artificial…
Can Europe’s Stricter Rules Drive Industry to Abandon Ship?
German Industry Fears Climate Regulations May Drive Production Abroad, Hampering Global Efforts Sachsen-Anhalt’s Minister-President, Reiner Haseloff, has expressed…
A ‘Bankruptcy Declaration for Tax Fairness’?
A significant decline in the number of tax audits targeting high-income earners has been revealed, with the German…
Heating Oil Prices Soar After Two-Year Low Amid Middle East Tensions.
Energy Prices in Germany Rise Following Israeli Attack on Iran, Analyst Says According to a recent analysis by…
Minister of Finance Pledges to Speed Up Infrastructure Projects by Working Unconventional Hours
Germany’s Finance Minister, Lars Klingbeil, has expressed his intention to accelerate infrastructure projects, including working on weekends and…
On the Road to Recovery?
BASF Aims to Cut Costs at Ludwigshafen Site by Half a Billion Euros by Year’s End The German…
How Middle East Tensions Could Wreak Havoc on World Markets
Economic Fears Grow as Israel-Iran Tensions Escalate, Warns Trade Chief The escalating conflict between Israel and Iran is…
Insurers Pay Out €350 Million in Damages
Insurance Companies in Germany Pay Record High for Lightning Damages in 2024 According to the annual report of…
Study Debunks Myths on Flex Work
A recent study by the Institute of the German Economy (IW) has found that flexible work arrangements do…
CEO’s Game of Spin-Offs
Thyssenkrupp Considers Major Restructuring, Potential Spin-Off of Steel Division Thyssenkrupp’s CEO, Miguel López, has left the door open…
Red Cross Demands €18 Billion for Climate and Digital Resilience
A German Red Cross President Calls for Investment in Social Infrastructure The President of the German Red Cross,…
Global Markets in Freefall as Mideast Tensions Ignite Wall of Fear
Financial Markets Slump as Tensions in the Middle East Escalate The US stock markets closed significantly lower on…
What’s Next for the Market?
Financial Markets Experience Volatility as Israeli Military Action Against Iran Looms The German Dax index closed the week…
Contract Extension on the Horizon?
Thyssenkrupp CEO’s Contract Expected to be Extended Ahead of Schedule According to sources within the company, the contract…
The End of an Era in Dresden, the Birth of a High-Tech Hub
Volkswagen Drives Forward Reorientation of Dresden Plant In a significant development, Volkswagen is pushing ahead with the reorientation…
RETIREMENT REVOLT: SPD Leader Exposes CDU’s “Pension Cuts” Plan!
A senior Social Democratic Party (SPD) official has refuted the comments made by the German Federal Minister of…
Germany’s Quest for Independence from China’s Rare Earths
Germany’s Efforts to Secure Critical Resources Face Delays The German government has allocated one billion euros for the…
Oil Price Plummets, Stocks Crash, Gold Rises in Desperate Bid for Safety
30 pm, a 1.5% drop from the previous day’s close. Market analysts attribute the decline to the growing…
FUEL APOCALYPSE: Get Ready to Pay the Price for the Middle East Crisis
German motorists can expect higher fuel prices in the wake of the escalating military tensions between Israel and…
How Putin’s War Chest is Filling Up
Russian Exports Surge Despite Western Sanctions, Study Finds Despite the significant economic sanctions imposed by the West, Russia…
ECONOMIC APOCALYPSE: German Expert Warns of Catastrophic Consequences as Middle East Crisis Unfolds
Economic Experts Warn of Severe Consequences for German Economy and Markets Amid Escalating Middle East Tensions As the…
War in the Middle East Sends Shockwaves Through the World’s Financial Systems
30 am, a 1.3% decline from the previous day’s close. Most stocks on the list were trading in…
2% Growth Target in Reach, but Only with Reforms, Ifo Warns
German economic growth prospects are being reevaluated by the President of the Ifo Institute, Clemens Fuest. In a…
Is the Worst Behind Us?
According to preliminary data from the Federal Statistical Office (Destatis), the number of applications for corporate insolvency in…
Coffee and Sugar Soar, Fuels Dive
According to the German Federal Statistical Office (Destatis), the wholesale prices in May 2025 showed a 0.4 percent…
Inflation Rate Hits 2.1% in May, Energy Prices Stabilize
The German Federal Statistical Office (Destatis) has confirmed the inflation rate for May 2025, at 2.1 percent. This…
Merkel’s Successor Demands Rethink on Germany’s €130 Billion Investment Package
German Chancellor’s Investment Package Faces Complications Saxony’s Prime Minister, Michael Kretschmer of the Christian Democratic Union (CDU), has…
Billions Paid to Putin’s War Machine in the Name of ‘Energy Security’
European Union Continues to Import Russian Liquefied Natural Gas in Billions of Euros According to recent Eurostat data,…
US Markets Breathe a Sigh of Relief, Euro Soars to New Heights!
Financial Markets Post Slight Gains in Trading The US stock markets ended the day with a slight uptick,…
Can Europe Still Avoid the Crash?
Economic Experts Warn of Uncertainty Amid Global Trade Tensions Clemens Fuest, the head of the Ifo Institute, has…
Crafts: The Backbone of Germany’s Economy?
German President Frank-Walter Steinmeier Emphasizes the Importance of the Crafts for the German Economy German President Frank-Walter Steinmeier…
What’s Behind the Market Panic?
Financial Markets Experience Mixed Signals as DAX Index Slips The DAX index, a key indicator of the German…
Biontech to Take Over Curevac in $5.5 Billion Deal
Biontech Acquires Curevac in a Move to Strengthen mRNA-Based Cancer Immunotherapy Research and Development In a bid to…
Is the Bear Market Back?
Financial Markets Experience Volatility as Investors Reassess Risks The German Dax index continued its decline on Thursday, with…
German Economy to Surge 0.4% in 2025?
Economic Forecasts Revising Upward for Germany and the Eurozone The Leibniz Institute for Economic Research in Halle (IWH)…
Ifo Institute Sees Economy Bouncing Back
The German economy is expected to experience a moderate upswing, according to the latest forecast from the Ifo…
Trump’s Tariffs to Send German Stocks Crashing to Earth?
30 am, a 0.9 percent decline from the previous day’s close. Market analysts are attributing the decline to…
Farm Prices Jump 3.2% in a Year, but Plant-Based Products Plummet
Agricultural Product Prices in Germany Rise by 3.2% in April 2025 According to the German Federal Statistical Office…
No More Money, Quality Matters!
Germany’s Employers’ Association Rejects Proposal to Increase Health Insurance Contributions The German Employers’ Association, the Bund der Deutschen…
First Decline in Employment in Years
According to a recent study by the Institute of the German Economy (IW Köln), the German retail industry…
Tobacco Taxpocalypse: EU’s Shocking Plan to Burn Your Pocket and Your Cigarette!
EU Commission Urges Higher Tobacco Taxes for Public Health In a 196-page proposal, the European Commission has called…
Only 2.6% Pay Index Rent, But New Builds and Big Cities See a Surge
A recent study by the German Institute for Economic Affairs (IW) has shed light on the prevalence of…
45% of Citizens Ready to Work Forever!
According to a recent survey conducted by the Institute Insa, a significant majority of Germans would be willing…
FED Frenzy: Markets Hold Breath as Rate Hike Looms
The US stock markets experienced a slight decline on Wednesday, with the Dow closing at 42,866 points, a…
Tariff Tsunami: Trump’s Wild Card Trade Policy Keeps Global Markets on Edge
Investors Remain Uncertain Amid Trade War Uncertainties and Mixed Economic Signals The German Dax index closed at 23,949…
INFLATION ALERT: 2.4% Surge in US Prices, Is a Rate Cut Next?
In the United States, the overall inflation rate has recently edged up. According to the latest data, consumer…
BREAKING: Trump’s Trade Triumph: US and China Seal Historic Deal, But What’s the Real Catch?
In a significant breakthrough, the United States and China have reached a new trade agreement, following a series…
Dax Stands at the Brink of a Correction
Markets React to US-China Trade Deal Progress, Eyeing US Inflation Rate The German Dax index remained largely unchanged…
Expropriate Rosneft: Germany’s Last Stand Against Putin’s Oil Empire?
German Greens Demand Tougher Sanctions and Asset Seizure of Russian Oil Company in Germany The German Greens are…
Cybersecurity Crisis Deepens
German businesses face intensified cybersecurity threats, with 15 percent of companies reporting a successful cyberattack in the past…
The Scary Truth About Germany’s Future Pensions.
New Study Reveals Young Germans’ Growing Concern for Retirement, But Lack of Knowledge and Information Remains a Major…
A Quarter Want to Leave and It’s Not Just the Unskilled
German Migrants Weigh Leaving the Country, Citing Unhappiness and Bureaucracy A recent study by the Institute for Labour…
80-Hour Workweeks in China’s Hidden Factories
Chinese Workers in BYD Factories Report Long Working Hours A recent report has shed light on the grueling…
Markets on Life Support as Trade War Tensions Erupt Again
30 am, a 0.1% gain over the previous day’s close. According to Jochen Stanzl, chief market analyst at…
VW’s Secret: Only 1,300 Severance Deals, Not 20,000 Job Cuts as Claimed?
Volkswagen’s Average Severance Package Lags Behind Maximum Sum, Report Says A recent report by the German news magazine…
95% Import Drop Since Ukraine War
A Dramatic Shift in the Past Year Germany’s imports from Russia have plummeted by 94.6 percent compared to…
Easter’s Late Arrival Boosts Hotel Bookings in April
Germany’s Accommodation Industry Sees a Significant Increase in Overnight Stays in April 2025 According to provisional results from…
ESMA Warns of Imminent Turbulence
Financial Regulator Warns of Market Turbulence Amid Geopolitical Tensions The European Securities and Markets Authority (Esma) has cautioned…
Wholesale Trade Bounces Back from Tariff Shock, But Uncertainty Remains
Economic indicators suggest a temporary rebound in the German wholesale trade, according to the Ifo Institute. The corresponding…
German Minister of Economics to Assemble a Dream Team of Experts!
A German Economics Minister to Seek Guidance from a Panel of Economists In a move aimed at bolstering…
15 Euros Minimum Wage or Political Crisis?
Economist Achim Truger Calls for a Substantial Increase in the Statutory Minimum Wage to 15 Euros In a…
Union Blasts Restructuring Plans as ‘Fact-Free’ and ‘Careerist’
Railway Union EVG Opposes German Rail’s Restructuring Plan The German Railway Union EVG has voiced strong opposition to…
Wall Street in Free Fall as Trade War Tensions Simmer
Financial Markets End the Day in the Green, as US-China Trade Talks Continue The US stock markets concluded…
Investors Flee from German Stocks
Stock Market Index Slips, European Currency Weakens The German Dax index closed lower on Tuesday, with a decline…
Germany’s Sefe to Double Gas Imports in a Decade!
Berlin, Germany – In a significant move, the German state-owned gas importer, Sefe, has signed a contract with…
Families Pay the Price for Deutsche Bahn’s Greed
German Railways Abandons Family Reservation, Raising Fares for Passengers German Railways, the country’s national railway operator, has announced…
A Cashless Revolution?
As contactless payments become the norm in Germany, a recent survey by the IT industry association Bitkom reveals…
Is the Market’s Optimism Fading?
European Stocks and Currencies Experience Mixed Trading The German Dax index experienced a moderate start on Tuesday, slipping…
The Numbers are Still Soaring, But is the Worst Over?
German insolvency numbers decline, but employment impact remains high, experts predict According to the latest insolvency trend report…
Dax on Hold as World Waits for US-China Trade Breakthrough
Financial Markets Show Little Movement at the Start of the Trading Week The Frankfurt Stock Exchange opened on…
A 14-Year Decline in Flexibility?
According to the Federal Statistical Office, the proportion of atypically employed individuals in all core workers in 2024…
Red Flag for Economy?
According to the latest data, the traffic performance of heavy goods vehicles with at least four axles on…
A New Era of Digital Innovation?
German entrepreneurs and small businesses in Germany experienced a significant improvement in their business climate in May, according…
German Industry and Trade Association Demands Radical Overhaul
A German Chamber of Industry and Commerce, the DIHK, has called for more measures to be taken with…
85% of Germans Back Ad Tax on Google and Facebook
A majority of Germans support the idea of digital companies contributing a percentage of their advertising revenue to…
Can Merz’s Government Save the West?
Economic Expert Veronika Grimm Assesses First Weeks of German Government Under Chancellor Friedrich Merz Professor Veronika Grimm of…
S&P 500 and Nasdaq in a Tug of War!
The US stock markets presented a mixed picture on Monday, with the Dow closing at 42,762 points, a…
Trade Talks Stalemate Sends Dax Index Plummeting – What’s Next for Investors?
Stock Market Index Slips at Week’s Start, Investors Cautious Amid Trade Talks The German Dax index closed at…
DAX Dives: Monday’s Market Mayhem
Financial Markets Experience a Calm and Quiet Day on Pentecost Monday The German Dax index struggled to break…
Will the Market Crash?
Financial Markets Experience a Slow Start to the Week, with the Dax Index Opening Down by 0.4 Percent…
Scorching Workplaces: The Heat is On and So Should Action
A leading figure in the German Left, Jan van Aken, has released a policy paper calling for improved…
Study Reveals Dramatic Price Hike for Slow Connections
As internet speeds continue to increase, the prices of slower tariffs are also rising, a recent analysis by…
A Quarter of Retirees Struggle to Survive on Less Than €1,500 a Month
A new report by the Federal Statistical Office reveals a stark contrast in the financial situations of Germany’s…
Steel Blow: Germany’s Exports to US to Plunge 35% as Tariffs Bite
German Steel Industry Bracing for Impact of US Tariffs A recent analysis by the Kiel Institute for the…
METAL APOCALYPSE: China’s Grip on Rare Earths Threatens to Paralyze German Industry
Risks of Raw Material Shortages from China Worry Industry and Experts Industrial associations, politicians and China experts are…
Cabinet to Greenlight Faster Procurement on July 16
A German government is set to accelerate military procurement by streamlining the acquisition process, with a new law…
More Seniors Forced to Work Than Ever Before
Germany Sees Record Number of Seniors in the Workforce, Data Shows According to a recent report, the number…
Stocks Plunge, Gold Falls, Oil Soars, But Labor Market Holds Strong
US Stock Markets Close Out the Day with Gains Friday’s trading session on the US stock markets saw…
Nvidia’s CEO to Meet with German Government, AI Gigafactory Plans on the Table
Berlin, Germany – In a series of high-level meetings, German Chancellor Friedrich Merz is set to meet with…
Dollar Daze: Euro’s Rise Sends Travelers Flocking to Cheaper Long-Haul Escapes
Travel Giant Tui Sees Shift in Booking Trends, Dollar’s Appreciation Boosts Off-season Travel The travel conglomerate Tui has…
US Jobs Data Saves the Day?
The German Dax index closed slightly lower on Friday, ending the day at 24,304 points, a 0.1 percent…
Trump’s Tariffs to Wipe Out 90,000 German Jobs?
The US President’s trade policies, according to the head of the German Federal Employment Agency, Andrea Nahles, have…
Job Market Stabilizes, Rate Cuts on the Backburner?
US Job Market Remains Robust, Unemployment Rate Stabilizes at 4.2% The US Labor Department announced on Friday that…
Autobahn GmbH: A Highway to Exorbitant Salaries?
A German Government Agency’s Highway Company Pays Higher Salaries to Employees Without Clear Justification, Audit Finds A recent…
Electric Car Price Gap Crashes to Historic Low in Germany!
Electric Vehicles Close the Price Gap with Gas-Powered Cars in Germany The price difference between battery-electric vehicles and…
Will the Weekend Bring a Trade War Bombshell?
Financial Markets Remain Cautious Amid Ongoing Trade Tensions The German Dax index continued to trade in the red…
Generation Self-Care: Younger Generation Spends Big on Wellness
New Study Reveals Shift in Consumer Spending on Wellness, with Younger Generations Prioritizing Self-Care A recent survey of…
Passengers Prioritize On-Time Arrival Over Compensation
A European Union Transport Ministers’ Council decision to revise the Air Passengers Rights Regulation has been met with…
Jobs Report to Crush the Market’s Euphoria?
As the Frankfurt Stock Exchange opened on Friday morning, the Dax index began the trading day with a…
German Industry in Free Fall
According to preliminary data from the Federal Statistical Office (Destatis), the season- and calendar-adjusted production in the manufacturing…