fundamental problem of economics, satisfying unlimited wants with limited resources
🔴 DEVELOPING: At least three Palestinians have been killed and several injured in an Israeli airstrike that hit a residential home in Rafah city ... Show more www.aljazeera.com/news/liveblog/2024/4/24/israels-war-on-gaza-live-rafah-family-killed-injured-in-israeli-strike
Increase stronger than inflation: Federal Cabinet decides to increase pensions by 4.57 percent
spiegel.de/wirtschaft/rente-bundeskabinett-beschliesst-rentenerhoehung-bezuege-steigen-staerker-als-inflation-a-86189476-6c53-4fad-a05f-441aca7d5d0a
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Riester pension disappoints: many only receive measly returns: Disappointing Riester pension: New figures from the Federal Ministry of Finance reveal low payout ...
t-online.de/finanzen/ratgeber/altersvorsorge/privatevorsorge/riester-rente/id_100390008/riester-rente-enttaeuscht-viele-bekommen-nur-mickrige-ertraege.html
Markets pay it forward: cash payouts are popular - but a problem for traders: Many supermarkets and drugstores offer cash withdrawals as a service for their ...
n-tv.de/wirtschaft/Bargeldauszahlung-ist-beliebt-aber-ein-Problem-fuer-Haendler-article24879587.html
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
Gold is back — and it has a message for us: The precious metal’s surge may herald a whole new world
ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503
Why the US dollar is setting off alarm bells around the world: Suddenly, tension and uncertainty have gripped financial markets, making them highly volatile.
theage.com.au/business/markets/why-the-us-dollar-is-setting-off-alarm-bells-around-the-world-20240415-p5fjta.html
More Malaysians seeking jobs in Singapore amid weakening ringgit, inflation: Recruiters
channelnewsasia.com/singapore/malaysians-working-jobs-ringgit-inflation-manpower-employment-4265736
China’s Big Data Release to Show If Economy Rebounded
bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data
US wholesale inflation rose again last month | CNN Business: A key US inflation gauge rose last month to its highest level since April 2023.
cnn.it/4aPm5cj
Morning Bid: De-risking, seeking safety as Middle East tensions rise: A look at the day ahead in Asian markets.
reuters.com/markets/global-markets-view-asia-graphic-pix-2024-04-14/
Breaking news: The dollar has notched up its strongest weekly performance since 2022 after outsize US inflation figures caused ripples through world markets ... Show more www.ft.com/content/85f87fa4-80b0-4a94-90bc-8f7e0a00c70a
Berlin start-up Enpal wants to shake up the heat pump market: The Berlin start-up wants to invest a three-digit million euro sum. Turnover of one billion euros ...
berliner-zeitung.de/mensch-metropole/berliner-start-up-enpal-will-waermepumpen-markt-aufmischen-li.2205374
Gold slips from record levels after hot US inflation data: Gold prices slipped from record-high levels on Wednesday as the U.S. dollar and Treasury yields firmed ...
reuters.com/markets/commodities/gold-near-record-high-inflation-risk-lifts-safe-haven-appeal-2024-04-10/
Zimbabwe's new ZiG currency starts trading, credibility doubts linger: Zimbabwe's new gold-backed currency started trading on Monday amid doubts that the ...
timeslive.co.za/news/africa/2024-04-09-zimbabwes-new-zig-currency-starts-trading-credibility-doubts-linger/
Dollar firm, yen under watch ahead of key US CPI release: The dollar consolidated on Wednesday ahead of a key inflation report later in the day ...
reuters.com/markets/currencies/dollar-sideways-yen-under-watch-ahead-key-cpi-release-2024-04-10/
Light wind in dollar's sails after bumper US payrolls: The dollar was firm but sluggish in Asian trading on Monday as investors looked ahead to U.S ...
reuters.com/markets/currencies/light-wind-dollars-sails-after-bumper-us-payrolls-2024-04-08/
The days of a kebab for 3 to 4 euros are probably a thing of the past in many places. Because of inflation, catering establishments in Germany had to raise ... Show more
US recently authorized more bombs for Israel: The Biden administration recently authorized the transfer of over 1,000 500-pound bombs and over 1 ...
cnn.com/2024/04/04/politics/us-israel-bombs-transfer/
Israeli Military Says Series of Failures Led to World Central Kitchen Attack: “It’s a serious event that we’re responsible for, and it shouldn’t have happened ...
nytimes.com/2024/04/05/world/middleeast/israel-military-world-central-kitchen-strike.html
Quick Glance: Fatal Mistake: IDF Reveals Errors in Attack on Aid Workers
- A series of catastrophic mistakes led to the deaths of seven aid workers delivering crucial aid to Gaza.
- Investigations revealed serious errors in identification, resulting in a tragic outcome.
- Decisions to carry out the attack broke operational procedures and resulted in a grave tragedy.
- The IDF has taken responsibility, soldiers involved have been suspended, and a potential criminal investigation looms.
Inflation : les nouvelles données sont un bon signal pour les consommateurs: Plus que 2,2 % ! Selon une première estimation, l'inflation a de nouveau ...
focus.de/finanzen/news/gespenst-der-inflation-verliert-an-schrecken-endlich-erloesung-neue-inflationsdaten-sind-ein-gutes-signal-fuer-verbraucher_id_259817068.html
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
The economy is on a knife edge. An interest rate change could tip the balance: The RBA board said it was not yet confident inflation was definitely tracking down ...
smh.com.au/politics/federal/the-economy-is-on-a-knife-s-edge-an-interest-rate-change-could-tip-the-balance-20240402-p5fgnn.html
Morning Bid: All bow to the mighty dollar: A look at the day ahead in Asian markets.
reuters.com/markets/asia/global-markets-view-asia-graphic-pix-2024-04-01/
Gas and district heating more expensive from April 1 - this is how much prices will rise
focus.de/finanzen/news/hohe-mehrbelastung-gas-und-fernwaerme-ab-1-april-teurer-so-stark-steigen-die-preise_id_259808110.html
Cocoa prices: Chocolate becomes a luxury good: Bad news for chocolate lovers: just before Easter, the price of cocoa shoots through the roof ...
wiwo.de/finanzen/boerse/kakaopreise-schokolade-wird-zum-luxusgut/29731764.html
Quick Glance: Shrinking Sweets: Concerns of Chocolate Collapse
- Around the world this weekend, hundreds of millions of Easter eggs and bunnies will be consumed, with a global cocoa shortage leading to price hikes and smaller chocolate bars.
- Rising cocoa prices have reached record highs, prompting warnings of further price increases and size reductions in chocolate products.
- Hedge funds have placed significant bets on the commodity price, while household items like coffee, tea, bananas, and cocoa are threatened by global warming.
- Experts caution on the long-term impacts on cocoa production as prices remain high and investments are needed to secure the supply.
Fisker’s talks with big automaker fails, New York Stock Exchange to delist stock: The news comes a week after the company paused electric-vehicle production ...
financialexpress.com/business/express-mobility-fiskers-talks-with-big-automaker-fails-new-york-stock-exchange-to-delist-stock-3436496/
Yen hits 34-yr low ahead of key US inflation data: The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top ...
reuters.com/markets/currencies/dollar-steadies-yen-teeters-ahead-key-us-inflation-data-2024-03-27/
The Albanese government is pushing for a third consecutive wage rise to help Aussies facing cost-of-living pressures.
In a submission to the Fair Work ... Show more #9News www.9news.com.au/national/minimum-wage-rise-needed-federal-government-tells-fair-work-commission/91f6deae-a921-4ca5-bf35-476b8a74db17
Gold hits fifth record high in March on Fed rate-cut view: Gold prices on Thursday hit record highs for the fifth time this month after the U.S ...
reuters.com/markets/commodities/gold-sprints-record-high-fed-sticks-2024-rate-cut-view-2024-03-21/
Dollar weakens after Fed meeting, yen strengthens: The dollar weakened and the yen rebounded from near multi-decade lows on Wednesday after the Federal Reserve ...
reuters.com/markets/currencies/yen-flounders-near-four-month-low-fed-spotlight-2024-03-20/
Turkish central bank jumps interest rates to 50 pc amid surging inflation: Turkish central bank jumps interest rates to 50 pc amid surging inflation
wionews.com/business-economy/turkish-central-bank-jumps-interest-rates-to-50-pc-amid-surging-inflation-702929
Income tax: Five tax tips for saving: The hassle of tax returns is annoying - but it can pay off. Which tax tips can save you a lot of money and which deadlines ...
zdf.de/nachrichten/ratgeber/steuer-einkommenssteuer-spartipps-100.html
Industrial sales in Thuringia have fallen significantly: The companies' sales totaled around 2.9 billion euros in January. (symbolic image)
thueringer-allgemeine.de/wirtschaft/article241913912/Industrieumsatz-in-Thueringen-deutlich-gesunken.html
February Inflation Report Live Updates: Consumer Price Increases Inch Higher: Inflation climbed 3.2 percent in the year through February, faster than expected ...
nytimes.com/live/2024/03/12/business/cpi-inflation-fed
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
Deutsche Bahn: GDL allowed to continue striking after court ruling: Even in the second instance, Deutsche Bahn has been unsuccessful in legally preventing the ...
zeit.de/arbeit/2024-03/landesarbeitsgericht-lehnt-berufung-der-bahn-gegen-gdl-streik-ab
Quick Glance: Railway: Strike in Passenger Traffic Commenced
- The strike by train drivers in passenger traffic began at night and will last for 24 hours.
- The Frankfurt Labor Court rejected an application by the railway against the strike.
- The railway plans to appeal the decision and have it reviewed by the Hessian State Labor Court.
- The GDL hopes that the legality of their strike actions will be confirmed.
Social contributions are increasing! Shopping in the supermarket will soon be really expensive
focus.de/finanzen/news/rente-pflege-krankenkasse-sozialbeitraege-steigen-einkaufen-im-supermarkt-wird-bald-richtig-teuer_id_259743368.html
Leipzig: First bakery raises prices on Sunday: A bakery chain in Leipzig is now charging its customers higher prices for bread, rolls and cakes during Sunday ...
lvz.de/lokales/leipzig/leipzig-erster-baecker-erhoeht-am-sonntag-die-preise-AAE2UHLGRBEQFOP2LN3RNDMYWM.html
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Municipal utilities make high losses with gas - and the customers have to pay: Municipal utilities and energy suppliers have a problem. You purchased energy very ...
focus.de/finanzen/news/teuer-eingekauft-aber-stadtwerke-machen-hohe-verluste-mit-gas-und-die-kunden-muessen-zahlen_id_259742062.html
Morning Bid: Cracks show in dollar's reign: A look at the day ahead in European and global markets from Rae Wee
reuters.com/markets/europe/global-markets-view-europe-2024-03-08/
East Africa’s ‘onion war’ a boon for Kenyan growers: Unexpected turn of events creates unique window of opportunity for onion growers in Kenya.
nation.africa/kenya/counties/east-africa-s-onion-war-a-boon-for-kenyan-growers-4549052
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