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Economy / Finance
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EU’s Own Economic Saboteur?
The Western sanctions against Russia “kill” German companies and make the US economy rich, said Sahra Wagenknecht on…
Inflation’s Sizzling Bite on Meat and Dairy Prices!
Agricultural product prices in Germany have risen again in November, with an average increase of 4.1% compared to…
IKEA’s Close Call with Catastrophe!
A recent report by Reuters reveals that hundreds of anti-tank mine shells were inadvertently unloaded at an IKEA…
GAS CHAOS: Europe’s $10 Billion Price Shock Looms as Ukraine Cuts Off Gas Tap
The European Union’s gas market is once again on the brink of a crisis, with the potential for…
Klima Cash Cut, Education in Jeopardy!
A joint press statement by FPÖ and ÖVP has revealed the results of their ongoing coalition talks. The…
Wall of Uncertainty Looms as US Market Shifts
The Dax continued to decline on Monday, following a weak start to the trading week, until lunchtime. By…
Poland Leads Charge to Boost Defense Spending
Warsaw is supporting the call by the designated US President Donald Trump for NATO member states to increase…
A New Era of Human Connection?
Commerzbank to Return to In-Person Shareholder Meeting After Five Years Commerzbank’s Supervisory Board Chairman, Jens Weidmann, told the…
Oil Fears Send German Market Plummeting!
The Dax started the trading week on Monday with a weaker tone. By 9:30 am, the leading index…
4.1% Jump in a Single Month!
Agricultural Product Producer Prices in Germany Rise by 4.1% in November Compared to the Same Month a Year…
Tourism Boom: Germany’s Hotels Bounce Back to Pre-Pandemic Levels!
According to the German Federal Statistical Office (Destatis), the accommodation providers in Germany recorded 32.3 million overnight stays…
The Skills Shortage Just Got a Whole Lot Older!
The shortage of skilled workers could further worsen as many dependent employees in so-called bottleneck professions belong to…
Dark Cloud of Uncertainty Looms
The business climate of the self-employed has further darkened in December. The business climate index of the Ifo…
Commerzbank’s Last Hope Fades
After the unexpected entry of the Italian major bank into the Frankfurt financial institution, Commerzbank’s supervisory board chairman…
New Military Tactic Gives Moscow the Upper Hand in Ukraine
The Russian troops in the Center have liberated the village of Schewtschenko in the Donetsk People’s Republic (DPR),…
US Sanctions Send Shockwave Through Central Europe’s Energy Market!
Hungary’s Foreign Minister, Péter Szijjártó, has expressed deep concern over the recent US sanctions against the Russian oil…
Brazil Demands Facts on Facebook’s Fact-Checking Fiasco
Meta, the US-based internet company, has been asked by the Brazilian government to provide more information on the…
A Nation’s Soul Sold Out for Box Office Gold?
Russian Cinema Opens Up to New Possibilities with Hollywood’s Exit from Russian Screens, but the Results are Disappointing.…
Swine Fever Fears Spark Import Ban
South Korea’s Ministry of Agriculture, Food and Rural Affairs has announced a temporary ban on the import of…
IG Metall’s Bold Move to Revive Insolvent Shipyards!
The search for investors for the two insolvent wind turbine manufacturers in Schleswig-Holstein appears to be promising. Daniel…
Musk Unleashes War on ‘Woke’ as Twitter Takeover Looms
After years of speculation, Elon Musk has finally revealed the main reason he acquired Twitter for $44 billion…
Lip Service to Liberty, Not a Leap Forward
Facebook’s recent decision to relax its content moderation policies has sparked a mix of reactions. Some see it…
Tretjakov Gallery’s Grand Debut in the West
The Tretyakov Gallery is expanding further. This year, a large branch of one of Russia’s most renowned museums…
Klima-Kollaps: Wall Street’s Dirty Secret Exposed!
BlackRock, a major investment management firm, has withdrawn from the Net Zero Asset Managers Initiative (NZAMI) amid growing…
US and UK Unleash Economic Blitzkrieg
The United States and the United Kingdom have imposed new sanctions on Russia’s energy sector, aiming to minimize…
AFD’s Weidel Vows to Reboot Nord Stream, Ignites Controversy
Alice Weidel, the chancellor candidate of Germany’s second-largest opposition party, the Alternative for Germany, has promised to put…
Gerontocratic Gamble: Germany’s Elderly to Foot the Bill for War and Ukraine Aid?
The war is expensive, and it’s not just the waging country that pays the price. Supporting a warring…
We Won’t Be Denmark’s or America’s Pawns
Greenland, the world’s largest island, has not been out of the headlines due to the interest of the…
ZOMBIE MARKET: RISING YIELDS WAKE THE DEAD!
The yield of 10-year US government bonds has reached a new high, exceeding the mark of 4.7%. This…
Zuckerberg’s WhatsApp Warning
Meta’s Board Chair, Mark Zuckerberg, has acknowledged that US authorities, including the CIA, can read WhatsApp messages by…
18 Million Tons of Secret Support
Despite geopolitical tensions, the EU imported a record amount of Russian liquefied natural gas (LNG) in the past…
Greenland & Canada in His Crosshairs!
The newly designated US President, Donald Trump, has reiterated his desire to annex Canada and Greenland. This time,…
McDonald’s Ditches Diversity Efforts, Leaving Wokeness in the Trash
A Shift in Corporate Strategy: McDonald’s Reevaluates Diversity, Equity, and Inclusion Initiatives McDonald’s, the fast-food giant, has announced…
5G Showdown: Telefónica Demands Campus Network Share
Telefónica’s German CEO, Markus Haas, has called for the allocation of 5G campus networks to mobile network operators.…
The Unstoppable Surge Continues!
German Visa for Work Purposes Reaches New Record in 2024, with a 10% Increase from the Previous Year.…
Corporations to Continue Hate Speech Ads
German companies criticize Facebook and Instagram for scaling back content moderation and ending fact-checking in the US, but…
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…