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Record value for financial assets: German private households are richer than ever
n-tv.de/wirtschaft/Deutsche-Privathaushalte-sind-so-reich-wie-nie-article24882901.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.
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Netflix is getting even more expensive: another price increase in Germany: If you want to watch Netflix documentaries, series and films without advertising in ...
stadt-bremerhaven.de/netflix-wird-noch-teurer-schon-wieder-preiserhoehung-in-deutschland/
Integration in Germany: Around two thirds of the refugees who arrived in 2015 have jobs
spiegel.de/wirtschaft/soziales/iab-studie-rund-zwei-drittel-der-2015-gekommenen-fluechtlinge-haben-arbeit-a-92bc9ea9-8cfa-4e61-891c-adfb8f539ada
Ikea is planning more stores in city centers - possibly in Galeria Karstadt spaces
rnd.de/wirtschaft/ikea-plant-mehr-laeden-in-innenstaedten-womoeglich-auf-galeria-karstadt-flaechen-BJCADO53L5NO3GH35WLHGJ5MMQ.html
The German chancellor’s awkward meeting with China’s boss: It is time for Xi Jinping to accept that Germany isn’t America’s puppet
economist.com/europe/2024/04/18/the-german-chancellors-awkward-meeting-with-chinas-boss
Foreign policy of the traffic light government: Germany is only a lightweight: The Chancellor in China, the Foreign Minister in the Middle East: The government ...
spiegel.de/politik/deutschland/aussenpolitik-der-ampel-koalition-deutschland-ist-nur-ein-leichtgewicht-a-9bade0f8-5456-4538-b974-8635f3dda171
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Finance Minister Lindner (FDP): Germans work too little: Christian Lindner (FDP) says that the problem with the German economy is that too little work is being ...
focus.de/politik/deutschland/anderswo-wird-deutlich-mehr-gearbeitet-finanzminister-lindner-fdp-die-deutschen-arbeiten-zu-wenig_id_259868020.html
Fewer cars sold: Tesla plans to lay off around 14,000 employees: After a weak first quarter, CEO Elon Musk wants to lay off around 14,000 employees at the e-car ...
focus.de/finanzen/boerse/us-elektroautobauer-weniger-verkaufte-autos-tesla-will-rund-14-000-mitarbeiter-entlassen_id_259856387.html
This is what Planted's new vegan steak is really like: A vegan steak that can do everything the real thing offers - That's what the startup Planted promises with ...
businessinsider.de/gruenderszene/food/vom-sternekoch-tim-raue-zubereitet-so-ist-das-neue-vegane-steak-von-planted-wirklich/
Mother-of-four Angelina lives on citizen's income - and saves 1000 euros every month
focus.de/kultur/kino_tv/vierfach-mutter-angelina-bezieht-buergergeld-und-spart-jeden-monat-1000-euro_id_259858069.html
First German city cannot supply new customers with electricity: too many heat pumps are putting a strain on the grid
fr.de/wirtschaft/viele-waermepumpen-belasten-netz-das-kein-strom-fuer-neukunden-in-oranienburg-zu-zr-93010219.html
Global economy threatens to shrink by a fifth by 2050: According to a study, the damage caused by climate change is six times higher than the cost of climate ...
faz.net/aktuell/wirtschaft/weltwirtschaft-droht-bis-2050-um-ein-fuenftel-zu-schrumpfen-19661042.html
Labor market: Should we all work more?: There has never been so much work done in this country. It is still wrong to provide tax relief for overtime ...
zeit.de/wirtschaft/2024-04/arbeitsmarkt-erwerbstaetigkeit-frauen-ueberstunden-steuervorteile
Spain Says Germany Can Find a Way to Make Joint EU Borrowing Work: The European Union will be able to find a way to raise more joint debt that is acceptable to ...
bloomberg.com/news/articles/2024-04-19/spain-says-germany-can-find-a-way-to-make-joint-eu-borrowing-work
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Green social policy: failing beautifully with Lisa Paus: What is the most effective way to get a political project off the ground? An instruction manual using ...
faz.net/aktuell/wirtschaft/lisa-paus-und-die-kindergrundsicherung-gebrauchsanweisung-fuers-scheitern-19647706.html
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Withdrawing money in supermarkets is becoming increasingly popular: expensive consequences for retailers
sueddeutsche.de/wirtschaft/bargeld-abheben-supermarkt-kosten-haendler-1.6559988
Ailing economy: Munich Re CEO demands far-reaching reforms from politicians: A dissatisfied voice from the business world: The CEO of reinsurer Munich Re ...
spiegel.de/wirtschaft/unternehmen/munich-re-chef-joachim-wenning-fordert-von-politik-tiefgreifende-reformen-a-89789bf0-7d51-4b87-90ed-5543eb0fc569
The fall in house prices continues: A little more is now being paid for apartments in new buildings. Otherwise, prices have also fallen so far this year ...
faz.net/aktuell/finanzen/der-hauspreisverfall-geht-weiter-19662386.html
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Greek economy surges after decade of pain: A decade ago, Greece was in the throes of a devastating debt crisis marked by years of austerity, hardship and unrest ...
reuters.com/markets/europe/greek-economy-surges-after-decade-pain-2024-04-18/
Measly Riester earnings: cancel the contract quickly - or not?: The Riester pension has been under discussion for a long time. The first payout statistics do not ...
focus.de/finanzen/altersvorsorge/nur-132-euro-im-monat-mickrige-riester-ertraege-schnell-den-vertrag-kuendigen-oder-doch-nicht_id_259872708.html
Dispute over basic child welfare: It is time for a social change: Basic child security is at risk of ending in disaster. The fault is with a policy that does not ...
spiegel.de/wirtschaft/soziales/kindergrundsicherung-streit-eine-soziale-wende-ist-dringend-noetig-a-58c942f5-5403-48f2-97e9-3b2dc15e4681
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International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/internationaler-waehrungsfonds-senkt-erneut-wachstumsprognose-fuer-deutschland-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Cyrus One is investing billions in data centers in the Rhine-Main area: The American company Cyrus One is investing billions in data centers in Frankfurt and ...
faz.net/aktuell/rhein-main/wirtschaft/cyrus-one-investiert-milliarden-in-rechenzentren-im-rhein-main-gebiet-19660686.html
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Growth debate: Lindner wants to “make you want to work overtime”: Finance Minister Lindner is convinced: The economy needs new impulses in order to grow again ...
spiegel.de/wirtschaft/arbeitseinsatz-lindner-sieht-arbeitseinstellung-der-deutschen-als-wachstumsfaktor-a-90db6114-abb6-43a9-ae28-03086f08bae0
Tesla says 300 subcontracted workers let go in Germany: Tesla has let go of 300 temporary workers in Germany in keeping with their contract period ...
reut.rs/3vZecT6
DIW analysis: more people are working in Germany than ever before: Finance Minister Christian Lindner bemoans the Germans' attitude towards work - yet they ...
spiegel.de/wirtschaft/diw-in-deutschland-wird-so-viel-gearbeitet-wie-noch-nie-a-01fb269f-3ed5-4e67-88ec-ecfe5bfb049f
Employer President Rainer Dulger calls for a “fundamental overhaul” of citizens’ money
faz.net/aktuell/wirtschaft/arbeitgeberpraesident-rainer-dulger-fordert-grundsanierung-des-buergergelds-19662497.html
Temporary workers initially affected: Tesla separates from 300 employees in Germany
n-tv.de/wirtschaft/Tesla-trennt-sich-von-300-Mitarbeitern-in-Deutschland-article24882129.html
AI video shows possible future of Germany after far-right election successes: Filmmakers are using an AI-generated video on YouTube to draw attention to the ...
welt.de/vermischtes/article251005344/KI-Video-zeigt-moegliche-Zukunft-Deutschlands-nach-rechtsextremen-Wahlerfolgen.html
Asylum costs, remigration, SA slogan: the fact check on the TV duel with Höcke: In the TV duel, the Thuringian CDU candidate Mario Voigt wanted to confront his ...
focus.de/politik/deutschland/tv-duell-im-faktencheck-migration-wirtschaft-thueringen-so-oft-lagen-voigt-und-hoecke-daneben_id_259847298.html
Quick Glance: Voigt accuses Höcke of 'dilly-dallying' after TV duel
- Thuringia's CDU leader Mario Voigt defends public confrontation with AfD far-right extremist Björn Höcke as meaningful.
- Voigt highlights differences between CDU and Höcke's far-right extremist group.
- Poll shows 29% support for AfD in Thuringia despite Höcke's extremism.
- Voigt advocates for reason and warns against chaos from exiting Euro and EU.
Shortage of skilled workers in Germany: Lack of a welcoming culture, bureaucratic hurdles and right-wing populism: Many international skilled workers are now ...
deutschlandfunk.de/internationale-fachkraefte-deutschland-100.html
Innovations: VW invests the most: Research expenditure: Germany is being left behind
sueddeutsche.de/wirtschaft/vw-amazon-forschung-innovation-1.6559809
For three companies: Aldi supplier Stute files for bankruptcy: For three companies: Aldi supplier Stute files for bankruptcy
focus.de/finanzen/news/lebensmittelhersteller-fuer-gleich-drei-gesellschaften-aldi-lieferant-stute-meldet-insolvenz-an_id_259864915.html
Traditional company closes plant - Over 500 jobs affected: “I’m shocked”: The Danish heat pump manufacturer Grundfos wants to close a German factory ...
fr.de/wirtschaft/traditionsunternehmen-schliesst-werk-grundfos-wahlstedt-waermepumpe-zr-93018180.html
Exchange rate gains and savings interest: financial assets of private households at a record high
focus.de/finanzen/boerse/dax-konzerne-schuetten-rekordsumme-aus-kursgewinne-und-sparzinsen-geldvermoegen-privater-haushalte-auf-rekordhoch_id_259871786.html
Germany arrests two dual nationals over alleged Russian sabotage plot: Prosecutors accuse German-Russian duo of being prepared to ‘carry out explosive and arson ...
aljazeera.com/news/2024/4/18/germany-arrests-two-dual-nationals-over-alleged-russian-sabotage-plot
German Economy Probably Grew in First Quarter, Bundesbank Says: The German economy — Europe’s largest — is set to avoid a winter recession thanks to a pick-up in ...
bloomberg.com/news/articles/2024-04-18/german-economy-probably-grew-in-first-quarter-bundesbank-says
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38 trillion in one year: How much climate change will cost the economy: Climate change is also hitting the economy hard, a study shows. The consequences of the ...
az-online.de/wirtschaft/38-billionen-jahr-kosten-klimawandel-wirtschaft-studie-zr-93020232.html
Will Bitcoin Price Explode to $175,000? These facts are clear: Bitcoin halving could send price up 160%, with possible rise to $175,000.
boerse-online.de/nachrichten/rohstoffe/explodiert-der-bitcoin-preis-auf-175000-us-dollar-diese-fakten-sind-eindeutig-20354832.html
Chancellor in Shanghai - Scholz gives cannabis tips at a Chinese university: The chancellor's visit to China is all about the economy. But it is also about ...
stuttgarter-nachrichten.de/inhalt.kanzler-in-shanghai-scholz-gibt-an-chinesischer-uni-cannabis-tipps.60cc6c42-36b3-4c56-b4e8-6347fc580eb6.html
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
Basic allowance increases: many pensioners no longer liable to pay tax: Almost a quarter of a million pensioners will no longer have to pay tax this year ...
tagesschau.de/inland/rente-steuern-grundfreibetrag-100.html
Expert reveals: Bitcoin is worthless, but investors should still buy diligently: Stock market expert Heiko Thieme considers Bitcoin to be worthless ...
boerse-online.de/nachrichten/rohstoffe/experte-verraet-darum-ist-bitcoin-wertlos-aber-anleger-sollten-trotzdem-kaufen-20354282.html
IMF: Germany remains at the bottom of the class among industrialized countries: In no other major industrialized country is the economy growing so slowly ...
sueddeutsche.de/wirtschaft/wirtschaftspolitik-weltwirtschaft-iwf-investitionen-christian-lindner-1.6557260
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German factory production expands at fastest rate for a year: Construction and carmaking drive stronger than expected performance in February
ft.com/content/f559f6d7-bafe-44b5-ac88-15229bf7eefa
The world's leading manufacturer of packaging systems is insolvent: Illig GmbH, a world market-leading manufacturer of thermoforming and packaging systems ...
focus.de/finanzen/news/suche-nach-investor-und-frischem-kapital-weltweit-fuehrender-deutscher-hersteller-ist-insolvent-so-soll-es-jetzt-weitergehen_id_259843966.html
EU expected to sue Germany over gas tariff, sources say: The European Commission is expected to sue Germany for charging its neighbours an extra fee for buying ...
reuters.com/business/energy/eu-expected-sue-germany-over-gas-tariff-sources-say-2024-04-17/
Inflation: Federal Statistical Office records an increase of 2.2 percent in March
spiegel.de/wirtschaft/statistisches-bundesamt-notiert-im-maerz-ein-plus-von-2-2-prozent-a-d74820c9-ede4-4e1d-a948-7f728ef03396
School: Children learn too little about economics and finance: According to a survey, German schoolchildren learn too little about investments and retirement ...
capital.de/wirtschaft-politik/schule--kinder-lernen-zu-wenig-ueber-wirtschaft-und-finanzen-34612166.html
Possible precedent: First climate action successful before European human rights court
faz.net/aktuell/wirtschaft/klima-nachhaltigkeit/erste-klimaklage-vor-europaeischem-menschenrechtsgericht-erfolgreich-19640917.html
Budget gap: bridge modernization will cost billions more: There is a gaping hole of almost 10 billion euros in the Autobahn GmbH's budget planning for the next ...
faz.net/aktuell/wirtschaft/luecke-im-haushalt-modernisierung-von-bruecken-kostet-weitere-milliarden-19636955.html
Lawsuit against Volkwagen: Who owns the "ID." brand?: Volkswagen wants to build on previous successes with the catchy word mark for its electric cars ...
faz.net/aktuell/wirtschaft/unternehmen/klage-gegen-volkwagen-wem-gehoert-die-marke-id-19652987.html
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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.
Federal Audit Office warns of unconstitutional budgets: The Constitutional Court has already rejected one of the government's central financing ideas ...
faz.net/aktuell/wirtschaft/bundesrechnungshof-warnt-vor-verfassungswidrigen-haushalten-19657855.html
Eurobarometer: What citizens think of the European Parliament: The image of the European Parliament is better than ever - but the differences between the ...
zdf.de/nachrichten/politik/ausland/eurobarometer-europaparlament-europawahl-100.html
Second assignment in Austria: Böhmermann and Schulz commentate on the ESC again: After their first commentary assignment at the Eurovision Song Contest ...
n-tv.de/leute/Boehmermann-und-Schulz-kommentieren-wieder-den-ESC-article24858776.html
Balance sheet and sustainability: “You can’t separate them artificially”: Melanie Sack, spokeswoman for the board of the IDW Institute of Auditors ...
faz.net/aktuell/wirtschaft/wirtschaftswissen/bilanz-und-nachhaltigkeit-das-kann-man-nicht-kuenstlich-trennen-19653142.html
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Illegal streaming: charges against “Movie2k” operator: The Dresden Public Prosecutor's Office has charged the second alleged operator of the film portal ...
faz.net/aktuell/wirtschaft/unternehmen/illegales-streaming-anklage-gegen-movie2k-betreiber-19662429.html
Biggest premium increase of all time is imminent! Everything you need to know now
focus.de/finanzen/versicherungen/krankenversicherung/beitragsschock-ab-2025-groesste-beitragserhoehung-aller-zeiten-droht-was-sie-wissen-muessen_id_259863595.html
Law instead of MINT: “The federal ministries lack specialist knowledge”: Economists and engineers are rare in government - This is shown by an evaluation by the ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/kaum-oekonomen-und-ingenieure-in-der-regierung-den-ministerien-fehlt-fachwissen-19642057.html
German beverage manufacturer is insolvent - end for former flagship company: Hopes were once high, but the imbalance could no longer be corrected: A German ...
fr.de/wirtschaft/insolvenz-fuer-deutscher-getraenke-hersteller-geldgeber-springen-ab-93008702.html
Lack of living space: Owners' association wants to sue against extended rent cap: The traffic light government is clearly violating the constitution ...
faz.net/aktuell/wirtschaft/eigentuemerverband-will-gegen-verlaengerte-mietpreisbremse-klagen-19645380.html
Quick Glance: FDP and SPD Reach Agreement on Key Issues
- SPD and FDP have reached compromises on key issues, including the extension of the rent control measure until 2029 and the 'Quick-Freeze' data storage procedure.
- Despite additional desired changes in rental law, no specific agreements have been made, raising concerns about the housing market.
- The 'Quick-Freeze' data storage procedure is implemented in cases of suspicion of serious crimes, marking a departure from indiscriminate mass data storage and receiving positive reactions.
- The next steps involve drafting proposals in the Federal Ministry of Justice for data storage and the extension of the rent control measure, which are likely to be approved by the cabinet simultaneously.
BMW and VW are more confident about e-cars again: BMW and VW are more confident about e-cars again - Mercedes has problems
sueddeutsche.de/wirtschaft/bmw-vw-mercedes-e-autos-verkehrswende-1.6538256
Attention Cathie Wood fans: You can now buy these ETFs from the star investor in Germany
boerse-online.de/nachrichten/aktien/cathie-wood-fans-aufgepasst-diese-etfs-der-star-investorin-koennen-sie-jetzt-auch-in-deutschland-kaufen-20355593.html
Spargelzeit: Six things to know about the German love affair with asparagus: The start of spring marks a particularly joyful time in every Germans' calendar: ...
thelocal.de/20230413/spargelzeit-six-things-to-know-about-the-german-love-affair-with-asparagus
Ifo survey: Germany is becoming less and less attractive for companies: As a business location, the Federal Republic is drifting further and further into the ...
nzz.ch/international/neue-umfrage-experten-vertrauen-der-schweiz-und-hadern-mit-deutschland-ld.1825502
René Benko's luxury life: “I knew then that René had become megalomaniacal”: By 2023, Signa was already running out of money and was close to insolvency ...
manager-magazin.de/unternehmen/rene-benko-penthouse-in-berlin-da-wusste-ich-dass-er-groessenwahnsinnig-geworden-war-a-51106633-76b5-4b26-8f0b-1a2e771c1a87
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Economist: Great wave of inflation is over: Inflation in Germany is falling to its lowest level for around three years. Energy and food prices are the main ...
fr.de/wirtschaft/volkswirt-grosse-inflationswelle-ist-vorbei-zr-93006049.html
Analyst: The simple times on the stock market are over - This is what investors face
boerse-online.de/nachrichten/aktien/analyst-die-einfachen-zeiten-an-der-boerse-sind-vorbei-das-kommt-auf-anleger-zu-20355550.html
European gas price rises to highest level since the beginning of the year: The price of gas has been rising significantly for a week now. This is also due to the ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/europaeischer-gaspreis-steigt-auf-hoechsten-stand-seit-jahresbeginn-19659458.html
Germany's economy: 36 levels of humiliation for Christian Lindner: At a lecture in the USA, Federal Finance Minister Christian Lindner experiences a nasty ...
wiwo.de/my/politik/deutschland/standort-deutschland-36-stufen-demuetigung-fuer-christian-lindner/29760010.html
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Large TV arena for the party leaders: "The traffic light suffers from different understandings of the state"
n-tv.de/politik/Die-Ampel-krankt-am-unterschiedlichen-Staatsverstaendnis-article24887817.html
Are electric cars tire eaters? E-car driver draws a clear conclusion: Tires on electric cars wear out faster than on combustion vehicles. An electric car driver ...
focus.de/auto/verschleissgrenze-nach-24-000-kilometern-erreicht-sind-elektroautos-reifenfresser-e-auto-fahrer-zieht-ein-deutliches-fazit_id_259861392.html
'Start early': Your best hacks for finding a rental home in Germany: From offering landlords extra money to posting on social networking sites ...
thelocal.de/20231221/start-early-your-best-hacks-for-finding-a-rental-home-in-germany
Economist on the state of German industry: "Even the oil price crisis was harmless in comparison!"
spiegel.de/wirtschaft/oekonom-tom-krebs-zur-deutschen-industrie-selbst-die-oelpreiskrise-war-im-vergleich-harmlos-a-da60910c-8b54-44ec-a009-5b290c2fe9b2
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Mixed costing: What tradespeople need to know: Mixed costing is a good way to distribute costs and profits between wages and materials ...
deutsche-handwerks-zeitung.de/mischkalkulation-was-handwerker-dazu-wissen-muessen-317758/
Comeback of “Germany’s most beautiful policewoman”: Where Adrienne Koleszár from Dresden is now on patrol
freiepresse.de/nachrichten/sachsen/comeback-von-deutschlands-schoenster-polizistin-wo-die-dresdnerin-adrienne-kolesz-r-jetzt-streife-faehrt-artikel13337334
A Syrian with an irrepressible will to integrate is Bavaria's best floor layer: Yasser Assany fled Syria in 2015. He has integrated in an exemplary manner ...
deutsche-handwerks-zeitung.de/ein-syrer-mit-unbaendigem-integrations-willen-ist-bayerns-bester-bodenleger-335427/
Impending shortage of doctors: 50,000 doctors not trained enough: The Federal Minister of Health warns that the shortage of GPs in Germany is worsening because ...
faz.net/aktuell/wirtschaft/drohender-aerztemangel-50-000-aerzte-zu-wenig-ausgebildet-19653983.html
Economics warns: Future electricity costs will be significantly higher than renewable energy costs
faz.net/aktuell/wirtschaft/klima-nachhaltigkeit/veronika-grimm-warnt-vor-steigenden-strompreisen-19643851.html
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