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Economy / Finance
3199 posts
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…
CEO’s Shocking Tax Demand
Allianz CEO Oliver Bäte urges to relieve middle-income earners from taxes. To finance such a step, he brings…
Sanctions Backfire: West’s Blow Boosts Russia’s Ties to Ex-Soviet Neighbors
Russian Leaders Meet in Leningrad Region, Emphasizing Economic Cooperation and Regional Integration Russian President Vladimir Putin praised the…
Bundesgesundheitsminister in Atemnot über Fake News
German Health Minister Karl Lauterbach Faces Backlash on X Network Over Foreign Interference Claims German Health Minister Karl…
Atom Giant Sues Over Delayed Deliveries
Russian State Nuclear Company Rosatom Plans to Sue German Siemens Over Delayed Delivery of Equipment for Turkish Nuclear…
‘Buying Out’ Russia’s Stake in NIS?
Serbia’s President, Alexander Vucic, believes that the US is likely to impose sanctions on the critical energy company,…
Ukraine’s Bold Play at Kursk
Russian Military Claims Ukraine’s Latest Attacks in Kursk Region Fizzle Out Russian military bloggers reported that the Ukrainian…
Oxygen Deprivation in the Brain
December 23, a Swiss flight with 74 passengers and five crew members on board, bound for Zurich from…
Sapping Germany’s Brew Empire?
China Emerges as a Major Player in Russian Beer Market China has become the third-largest beer supplier to…
West’s Market in Decline
Russian Art Market Blooms Amid Western Sanctions, Surpassing Global Auction Houses The Russian art market has witnessed a…
The Battle for Russian Fuel is Far from Over
New Year’s Celebrations Mark a Shift in the Energy Landscape As the year began, the main event wasn’t…
Germany’s Skilled Trades on the Brink of Collapse?
According to the Central Association of the German Crafts (ZDH), a firm extinction is drawing a picture of…
New Revelations of Deeper Ties to the Regime
Switzerland Confronted with a Dark Chapter of Its Past New research by the Wall Street Journal has uncovered…
Digital Euro: The Future of Money?
Interview with Burkhard Balz, a member of the German central bank’s executive board, reveals his views on the…
How the Rich Buy the German Government
Lobbyists and Influencers Shape Politics Germany’s parliament is awash with lobbyists, with hundreds of millions of euros being…
The Real Winner is Not a Party, But a Surprise Donor!
German Political Donations Reach Record High Ahead of Election The German Bundestag has published a report revealing a…
Fuel Frenzy: Gas and Petrol Prices to Skyrocket by 2027!
Carbon Emissions to Face Steeper Price as EU’s Green Agenda Takes Shape By 2025, the carbon price for…
Greenland’s PM Seeks Break from Denmark
Greenland in the Spotlight as Independence Debate Heats Up Greenland, a sparsely populated island, has once again become…
Debt Collection Goes Digital in 2025
Russian Courts to Collect Debts in Digital Rubles from January 1 Russia’s Federal Bailiff Service has announced that…
2025 on the Brink?
Germany’s Mid-Sized Enterprises Look Pessimistically at 2025 A recent survey by the “Welt am Sonntag” shows that Germany’s…
A New Era of European Independence?
Burkhard Balz, the head of the German Bundesbank, considers the introduction of the digital euro and a European…
US Arms Ukraine for a Final Hail Mary
A Shift in the War’s Dynamics As the new year begins, the Western media portrays a dismal outlook…
Women, Youth, and Migrants Hit Hardest
Jobless numbers rise alarmingly in Austria The number of people seeking work in Austria has increased by 27,007,…
Tech Stocks Soar as US Markets Surge
US stock markets rose on Friday. The Dow was calculated at 42,732 points, a gain of 0.8% compared…
A Dystopian Future Looms
Yanis Varoufakis, a left-wing economist and former Greek finance minister, has warned of a precarious future for Europe…
Euro Plummets as Global Uncertainty Rises!
China’s Bond Market Sends Warning Signals of Economic Uncertainty China’s bond market has hit a record low, with…
RWE and Hannover Lead the Pack Down!
The Dax index closed the week with a loss. At the Xetra closing, the index was calculated at…
Germany’s Jobless Rate Hits 6% as Crisis Looms
Jobless Rate in Germany Rises in December, Economic Growth Remains Weak Germany’s unemployment rate rose in December, with…
Dollar Supremacy Unstoppable as Economic and Political Turmoil Engulfs Europe
Euro Hits Two-Year Low Against Dollar Amid Economic Stagnation and Energy Crisis The euro has fallen to a…
Electric Vehicle Charging Grid Grows, But at a Snail’s Pace
Germany makes only slow progress in expanding the charging infrastructure for e-cars. Recently, 17 e-cars and plug-in hybrids…
DAX Crashes Amidst Weak Midday Rally
The Dax index continued to decline in the afternoon, after a weak start to the trading day, and…
Yandex Blocked: Russian Court Acts After Drone Attacks
Yandex Ordered to Remove or Retouch Images of Russian Military Facility from Maps A court has ruled that…
Unemployment Spikes in the Heat of the Year!
Germany’s jobless count rose by 170,000 in December 2024 compared to the previous year, with a total of…
Justice in the Balance
DR Congo Sentences 13 Soldiers to Death in a Bid to Restore Military Discipline Thirteen soldiers in the…
DAX Crashes, Euro on Brink of a Revolution!
The Dax index started the trading day on Friday in a negative direction. By 9:30 am, the leading…
German Workforce Sees Slight Bounce in November
In November 2024, approximately 46.1 million people with a residence in Germany were employed. According to preliminary calculations…
US Seizes Opportunity to Make Europe Hooked on LNG
EU’s Shift to US LNG a Game-Changer, but at a Higher Cost For decades, Europe was heavily reliant…
‘Take Any Foreign Fighter’
Russian Mercenaries Capture Polish Fighter in Ukraine, Claim Easy Recruitment Process Russian-backed separatists in eastern Ukraine have captured…
The High Cost of a Russian Transit Stop
Ukraine’s Decision to Halt Russian Gas Transit to Europe Expected to Cost $1 Billion a Year Ukraine’s decision…
US Markets Plunge
US stock markets declined on Thursday. At the end of trading in New York, the Dow was calculated…