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Economy / Finance
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BREAKING: Wall Street’s $2 Trillion Slump – What’s Next?
The US stock markets retreated somewhat on Thursday. At the close of trading in New York, the Dow…
Bessent’s Bombshell: US Dollar in Jeopardy as New Finsec Minister Reveals Sane Sanctions Shocker!
The newly designated US Treasury Secretary, Scott Bessent, acknowledged during his Senate hearing in Washington on Thursday that…
A Miserable Failure?
The head of the German Institute for Economic Research (DIW), Marcel Fratzscher, has described Germany’s preparations for Donald…
Syria’s Top Rebel Demands Israel’s Withdrawal and UN Peacekeepers’ Return
Israeli forces, which have entered Syria, should withdraw, and UN peacekeeping troops should be deployed in the buffer…
‘Peace Through Sanctions Relief’?
Advisers to the designated US President Donald Trump are working on a comprehensive strategy to address the anti-Russian…
BEEF APOCALYPSE: Swine Fever Outbreak to Send Meat Prices Soaring!
The outbreak of the bovine and swine fever (MKS) in Germany may have consequences for consumers. “We need…
5,000 Jobs on the Chopping Block!
British energy giant BP is set to lay off nearly 4,700 employees and 3,000 contractors this year, the…
4 Million Foreign Visitors in 2022, Eyeing 16 Million by 2030!
Russia has welcomed a significant increase in international tourism, with 4 million foreign visitors arriving between January and…
Brussels and Tokyo Offices to Close in Cost-Cutting Coup
Gazprom, the Russian energy conglomerate, is set to make a decision on the possible closure of its representations…
Market Mood Remains Buoyant!
The Dax index closed on Thursday with a gain. At the Xetra market close, the index was calculated…
Washington’s Shift: A New Path to Peace in Ukraine?
Russian Official Expresses Skepticism Over Ukraine Conflict Resolution Under Trump Alexei Drobinin, the Director of the Department of…
Canada Unleashes $105 Billion Revenge List on Trump’s Tariffs
Canada is preparing a list of American products, worth around $105 billion, to be hit with retaliatory tariffs…
Sanctions Send Prices Soaring
The world oil prices surged on Wednesday, following the announcement of a new sanctions package by the US…
€1 Billion in Losses After MKS Outbreak
The German Raiffeisen Association has provided a concrete estimate of the economic damages caused by the outbreak of…
Leaked Chats Reveal Catastrophic Errors in Kazakhstan Crash
A plane of Azerbaijan Airlines, an Embraer E190, crashed near Aktau in Kazakhstan on December 25. The aircraft,…
Freezing Assets: Gig Economy Raid Uncovers Hidden Cash
A large-scale raid took place on Thursday, targeting dozens of individuals who offer ride-hailing services through Uber and…
Cyclic Sectors Lead the Charge!
The Dax index maintained a slightly positive trend throughout the day, with a mid-day calculation of around 20,607…
Scholz’ Ukraine-Spiel mit Deutschen Geld
Before the upcoming federal elections, in which he is likely to lose, German Chancellor Olaf Scholz is attempting…
Can He Save the Day?
Ahead of the German federal election, likely to be lost by Chancellor Olaf Scholz, he is attempting to…
Dax Soars to New Heights, Zalando Leads the Pack!
The Dax opened the trading day on Thursday with slight gains. By 9:30 am, the leading index was…
Hackers’ Paradise Exposed
German Health Minister Karl Lauterbach has pushed forward the electronic patient file (ePA), despite warnings from various groups.…
Germany’s Price Hike Slows to 2.2% in 2024!
Consumer prices in Germany have increased by an average of 2.2 percent in the year 2024 compared to…
German Firms Plot to Hike Prices Again!
German companies plan to increase their prices again. The Ifo Institute’s index of price expectations has risen from…
Butter and Milk Prices Expected to Plunge as Germany’s Swine Fever Crisis Hits Supermarkets!
In the face of trade restrictions following the outbreak of the Swine Fever (MKS) in Germany, the President…
Drone Attack Foiled, Gas Flow Intact!
The Turkish Minister of Energy and Natural Resources, Alparslan Bayraktar, has confirmed that an attack on the TurkStream…
MARKET MIRACLE: Dow Soars 600 Points on Inflation Data!
US stock markets saw a significant uptick on Wednesday. The Dow Jones was calculated at 43,222 points at…
Hungary and Serbia Ditch Allies for Russian Oil
Hungary and Serbia are accelerating the construction of a new pipeline that will supply Serbia with Russian oil…
Habeck Fires Back at Tech Titans!
Germany’s economic and climate minister, Robert Habeck, is on a campaign tour, criticizing the influence of US billionaires…
Inflation Fears Fizzle!
The Dax index recorded a significant decline and a new record high on Wednesday. At the Xetra closing,…
Just a Few Months of Survival in a War with China?
A recent article by Bloomberg, citing an unnamed military source, suggests that Taiwan would only be able to…
Hofreiter’s Plan to Ignite Europe’s Military Machine
Anton Hofreiter, a German Bundestag member and a sought-after talk show guest, is enthusiastic about the idea of…
Pipeline-Power Play gegen Russland!
The Czech Prime Minister, Petr Fiala, has announced the completion of the modernization of the TAL oil pipeline,…
BOMBSHELL: US Inflation Soars to 2.9% as Americans Feel the Pinch!
The general inflation rate in the United States has risen again. In December, prices in the US increased…
US Sanctions: Russia’s Nuclear Pride
The US Treasury Department announced on January 10 that it would impose restrictions on several Russian companies and…
Prices Soar, But Not as Bad as 2023’s Shock!
Austria’s inflation rate continued to decline in 2024, although still higher than in the previous year. According to…
Germany’s Stock Market on a Roll!
The Dax index continued to rise on Wednesday, building on a friendly start that had already been seen…
OIL SHOCK: US Sanctions Send Crude Prices Soaring!
Oil prices for tankers continue to rise as the expected decline in oil shipments by sea due to…
Lotto Hack: Math Whiz Tries to Crack Swiss Jackpot, But Did He Go Too Far?
A Swiss Lottery, Loterie Romande, has temporarily suspended its “Joker” game in the western region of Switzerland due…
Fuel Frenzy: German Petrol Prices Soar Again!
German fuel prices at German gas stations have continued to decrease as of mid-January. According to a spokesperson…
0.2% Blow to Growth!
Germany’s gross domestic product (GDP) in 2024 was, according to preliminary calculations by the Federal Statistical Office (Destatis),…
The Bull Run Has Begun!
The Dax started the trading day on Wednesday with moderate gains. By 9:30 am, the leading index was…
German Woman’s Heartbreak and Financial Ruin
A recent case of a love scam has left a 53-year-old French woman, Anne, out of pocket to…
SEC Sues Musk for $150M in Illicit Gains
The US Securities and Exchange Commission (SEC) has sued tech billionaire Elon Musk, alleging that he failed to…
Inflation Plunges to 2.5%!
British Consumer Prices Show Slowing Growth in December The latest figures from the British Office for National Statistics…
The Plot Thickens!
The sales prices in the wholesale market in December 2024 were 0.1% higher compared to December 2023, and…
Sanktion Shockwaves to Hit $100 Billion in Revenue?
New US Sanctions on Russia’s Oil Exports: A Temporary Setback or a Lasting Impact? Citibank strategists predict that…
Trainwreck Averted: Union’s Plan for Deutsche Bahn Overhaul Unleashed!
The Union is pushing for far-reaching reforms at the German Railways. “A complete reorganization of the DB is…
Trump’s Tariffs to Wipe Out 300,000 German Jobs?
The planned tariffs of the future US President, Donald Trump, on imports threaten to inflict severe economic damage…
Ukraine’s Drone War Spreads Blaze of Controversy
In the Saratov region, a state of emergency has been declared at the inter-municipal level to combat the…
A Billionaire’s Bonanza in Disguise?
The Hamburg Senate has decided to repurchase the former Pflegeheim operator, Pflegen & Wohnen, from the real estate…
BREAKING: Wall Street’s Rollercoaster Rides On!
US stock markets closed with mixed results on Tuesday. The Dow Jones was calculated at 42,518 points, a…
Who Will Fix the Mess?
According to the latest poll by Forsa, CDU/CSU and SPD have each lost a percentage point in comparison…
One in Ten Tankers Grounded by US Russia Sanctions
The latest US sanctions on Russian oil shipments will affect 10% of the global tanker fleet and hinder…
BUTTER SHOCKER: German Farmers’ Chief Says Prices Too Low!
German farmers’ association president Joachim Rukwied believes that food prices in Germany are sometimes too low. “I don’t…
Beijing Scrambles to Secure Fuel as Sanctions Bite
China’s state-owned oil companies and major private refiners, including Cnooc, Yulong Petrochemical, and Jiangsu Eastern Shenghong, are sending…
Will the World Lose or Gain?
The tone of Donald Trump’s words has changed significantly since his election victory and his current statements. Ending…
DAX Soars as US Inflation Shockwaves Hit European Markets!
The German Dax index closed on a positive note on Tuesday, gaining 0.7% to 20,271 points at the…
Germany’s Clawed Critters Cut Off!
Britain Joins South Korea and Mexico in Banning German Livestock Imports Amid Mucosal Disease Outbreak The British government…
German Auto Empire Crumbles as Tesla Surpasses Audi in Global Sales!
The effects of Germany’s deindustrialization are now becoming apparent, as reported by Bloomberg. For the first time, the…
6 Nations Demand Oil Price Cap Slash!
Six EU countries are calling on the European Commission to lower the price cap on Russian oil, aiming…
EU’s Russian Gas Ditch Puts US in the Gas Game, Europe’s Energy Future at Risk
Greek Deputy Defense Minister Yiannis Kefalogiannis recently participated in a conference on the topic “The Eastern Mediterranean after…
Speak Russian or Spend, EU Warned
Mark Rutte, the new NATO chief, has warned the EU of the consequences of inadequate defense spending. In…
DAX Soars to New Heights, BASF Leads the Pack!
The Dax Index continued its upward trend on Tuesday, reaching a high of around 20,285 points by 12:30…
300 Billion Dollar Stakes in Ukraine’s Peace of Mind
The US administration, led by President Joe Biden, is reportedly seeking to convince its European partners to transfer…
TikTok’s US Fate in His Hands?
TikTok’s Future in the US Remains Uncertain According to a report by Bloomberg, the Chinese government is exploring…
German Market on the Rise!
The Dax index started the trading day on Tuesday with gains, with the benchmark index calculated at around…
Experts Predict Scorching 2028
Economic experts expect only a slight decline in inflation rates in the next four years, according to a…
German Retailer to Prescribe Online Pharmacy in Second Half of the Year!
German retail chain DM is set to enter the pharmacy business in the second half of the year,…
Russian Chocolate Craze Sweeps the USA!
According to a report by the RIA Nowosti news agency, citing data from the US statistics service, the…
Solar Surge: German Grid on Brink of Collapse?
Energy Providers and the Power Industry Urge Immediate Measures to Mitigate the Risk of Excessive Solar Power. Following…
German Fury: Majority Rejects Boss’s Sick Day Pay Cut Plan
The majority of Germans reject Allianz CEO Oliver Bäte’s proposal to relieve companies by canceling the payment of…
Euro on Brink of Parity in Shock Market Shift!
US stock markets closed unevenly on Monday. The Dow was calculated at 42,297 points, a 0.9% increase from…
12% Slump in a Year!
Audi, the German automaker, reported a global decline of 12 percent in vehicle deliveries last year, according to…
US on the Hook for More Military Spending?
The outgoing US Defense Minister, Lloyd Austin, has recommended a 50 billion US dollar increase in defense spending…
Kiev’s Strategic Reserves on Brink of Collapse?
The relentless pounding of Ukrainian cities by Russian artillery has become a grim reality, with the latest wave…
BREAKING: EU on High Alert as Ukraine’s ‘Gas Gamble’ Backfires in Explosive TurkStream Ambush!
The European Commission has expressed concern over reports of a foiled Ukrainian drone attack on a gas pipeline…
OIL SHOCK: US Slams Russia with ‘Toughest’ Sanctions, Prices Soar to 4-Month High!
Oil prices have reached a four-month high after the US introduced a comprehensive package of sanctions against the…
Did PM Send Spies to Rig US Elections?
Elon Musk, the CEO of SpaceX and Tesla, has accused the British Prime Minister, Keir Starmer, of interfering…
Can KI Plug the Skills Gap?
A recent survey by the German IT industry association Bitkom has shed light on the efforts of large…
20,000 Barrier Under Siege!
The Dax index lagged behind at the start of the week, closing at 20,133 points, a 0.4% decline…
LA Ablaze: 24 Dead, Fierce Winds the Real Enemy
Wildfires Erupt in Los Angeles, Leaving Trail of Destruction On Wednesday of last week, an uncontained fire broke…
Ukraine’s TurkStream Sabotage Exposes European Sovereignty Crisis!
The attack on the TurkStream gas pipeline is an attack on the sovereignty of the countries that use…
‘Biodeutsch’ Named Word of the Year’s Worst
The word “biodeutsch” has been chosen as the “Unword of the Year” for 2024 by the jury of…
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…