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Germany Recession Latest: Economy Shows Signs of Life as Industry Struggles: Germany’s economic prospects are looking up after two grueling years of near-zero ...
bloomberg.com/news/articles/2024-04-27/germany-recession-latest-economy-shows-signs-of-life-as-industry-struggles
Traffic light coalition: Liberals feel their fist on their necks: The FDP is struggling with the traffic lights and wants to use an “economic turnaround” to lead ...
zdf.de/nachrichten/politik/deutschland/fdp-ampel-wirtschaftswende-100.html
56% at the start of the year: renewables are producing more and more electricity in Germany
n-tv.de/wirtschaft/Erneuerbare-produzieren-immer-mehr-Strom-in-Deutschland-article24902492.html
Reusable obligation: BUND calls for a ban on disposable tableware: Although reusables have had to be offered for over a year, not much has changed ...
faz.net/aktuell/wirtschaft/klima-nachhaltigkeit/mehrweg-pflicht-bund-fordert-verbot-von-wegwerfgeschirr-19682886.html
Department store group: Galeria is apparently closing 16 of its 92 department stores
spiegel.de/wirtschaft/unternehmen/galeria-schliesst-offenbar-16-seiner-92-warenhaeuser-a-b328c096-c24f-4445-891e-07c6c1bfb869
Legal lower limit: Klingbeil demands significantly higher minimum wage: Will the minimum wage soon rise to 14 or even 15 euros? If SPD leader Klingbeil has his ...
spiegel.de/wirtschaft/soziales/mindestlohn-lars-klingbeil-fordert-deutliche-anhebung-der-untergrenze-a-efacab21-4cda-48ad-8bba-af5327377b4b
Kremlin designed concept to achieve “majority in elections at all levels” for AfD
welt.de/politik/deutschland/article251241360/Kreml-entwarf-Konzept-um-fuer-AfD-Mehrheit-bei-Wahlen-auf-allen-Ebenen-zu-erreichen.html
Restaurateur sues! “People leave right after they eat”: At the beginning of the year, the VAT on food in restaurants was increased to the full 19 percent ...
focus.de/finanzen/news/hohe-preise-restaurantbesitzer-klagt-die-leute-gehen-gleich-nachdem-sie-gegessen-haben_id_259874694.html
Viral Tiktok video: Can't find a job because of tattoos?: Experts explained to Business Insider how likely it is that you won't find a job because of your ...
businessinsider.de/leben/international-panorama/virales-tiktok-video-findet-man-wegen-tattoos-keinen-job/
Porsche starts with sales and profit slump in the year: Porsche is renewing its model range: But costs are causing sales and profits to collapse in the first ...
faz.net/aktuell/wirtschaft/unternehmen/porsche-startet-mit-umsatz-und-gewinneinbruch-ins-jahr-19682453.html
Job fears in the automotive industry: electromobility forces job cuts: The automotive industry is one of the largest employers in Germany. But electromobility is ...
faz.net/aktuell/wirtschaft/unternehmen/job-angst-in-der-autoindustrie-elektromobilitaet-erzwingt-stellenabbau-19676214.html
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Nobel restaurant in Günther Jauch's villa is closing - for three reasons: Under the leadership of Berlin star chef Tim Raue, Jauch opened the restaurant in the ...
focus.de/panorama/in-potsdam-villa-kellermann-von-guenther-jauch-das-nobelrestaurant-am-heiligen-see-in-potsdam-schliesst_id_259890700.html
Endless price spiral: car insurance 20 percent more expensive: Car insurance is usually required after car accidents. Insurance companies have increased their ...
morgenpost.de/wirtschaft/article242175796/Preisspirale-ohne-Ende-Kfz-Versicherungen-20-Prozent-teurer.html
Lilium and Volocopter bosses push for state aid: Because the development costs a lot of money, the air taxi providers want help from the state ...
businessinsider.de/gruenderszene/automotive-mobility/finanzieller-druck-chefs-von-lilium-und-volocopter-fordern-staatliche-unterstuetzung/
Large corporation announces job cuts and wants to close several plants: Thyssenkrupp Schulte has announced significant job cuts and also wants to close several ...
fr.de/wirtschaft/grosskonzern-kuendigt-stellenabbau-an-und-will-mehrere-werke-schliessen-zr-93033291.html
Climate summit in Berlin: A world without coal: In times of tight national coffers, the question remains where the billions for the climate will come from ...
zdf.de/nachrichten/politik/ausland/petersberger-klimadialog-finanzierung-100.html
Climate money: The price increase is intentional: Prices have been rising for years, and emissions trading is also making an increasing contribution to this ...
t-online.de/klima/kolumne-sara-schurmann/id_100393940/klimageld-der-preisanstieg-ist-beabsichtigt.html
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
merkur.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Study: AfD is the strongest party among young voters - these are the reasons: A new study surprises with its results on the voting behavior of young people: ...
infranken.de/deutschland/studie-afd-ist-staerkste-partei-bei-jungen-waehlern-das-sind-die-gruende-art-5861594
German government raises economic forecast slightly: The German economy is experiencing weak growth - for how much longer? There are increasing signs of a ...
fr.de/wirtschaft/bundesregierung-hebt-konjunkturprognose-leicht-an-zr-93030997.html
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
Residential construction: Growth in orders again for the first time: The current figures for residential construction are positive. Nevertheless ...
deutsche-handwerks-zeitung.de/wohnungsbau-erstmals-wieder-zuwachs-bei-den-auftraegen-337981/
Report: Russia is said to have planned AfD strategy with a “manifesto” - Party denies
berliner-zeitung.de/news/bericht-russland-soll-afd-strategie-mit-manifest-geplant-haben-partei-dementiert-li.2209906
AfD strongest party among young people: "The issue of refugees is not the only divisive factor"
berliner-zeitung.de/politik-gesellschaft/afd-staerkste-partei-bei-jugend-spaltend-nicht-nur-fluechtlinge-li.2209047
Price for solar systems halves: forecasts put to the test: Prices for solar systems and storage systems are falling, oil and gas are becoming more expensive: ...
businessinsider.de/wirtschaft/preis-fuer-solaranlagen-halbiert-sich-prognosen-fuer-den-energiemarkt-2024-auf-dem-pruefstand/
Location debate: Are taxes in Germany really too high?: Work is more expensive in Germany than in almost any other industrial country. On average ...
spiegel.de/wirtschaft/soziales/steuern-und-abgaben-was-arbeit-in-deutschland-teuer-macht-a-98114889-173d-464a-b2d2-c6847231b4b2
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Czech billionaire joins Thyssenkrupp Steel: Czech businessman Daniel Kretinsky joins Thyssenkrupp Steel with his company EPCG.
waz.de/wirtschaft/article242184230/Tschechischer-Milliardaer-steigt-bei-Thyssenkrupp-Steel-ein.html
Federal Statistical Office: (Slightly) more men work part-time - but often not for the family
spiegel.de/wirtschaft/arbeitszeit-etwas-mehr-maenner-arbeiten-teilzeit-aber-oft-nicht-fuer-die-familie-a-f2d0405a-fc45-4596-a05f-778ae03e393c
Farmers see black: future economic situation rated worse: Farmers are more pessimistic about their future economic situation than ever before ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/die-bauern-sehen-schwarz-zukuenftige-wirtschaftliche-lage-schlechter-bewertet-19678294.html
German government raises its growth forecast slightly: The mood in the German economy has improved significantly for the third time in a row ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/bundesregierung-hebt-ihre-wachstumsprognose-leicht-19675081.html
Economic downturn: Economic institute expects rising unemployment: The economic downturn in Germany is apparently increasingly having an impact on the job market ...
spiegel.de/wirtschaft/soziales/arbeitslosigkeit-iw-koeln-erwartet-anstieg-auf-2-8-millionen-a-df10fce6-2753-4a75-a3d5-18edc177fbff
Chico won 10 million in the lottery - Here he reveals what happened to the money: In 2022, Kürsat Yildirim, better known as Chico, hit the jackpot in the lottery ...
focus.de/kultur/kino_tv/lotto-millionaer-im-interview-die-glauben-dass-der-chico-geld-und-keine-ahnung-hat_id_259887582.html
U.S. Economy Grew At Slowest Pace Since 2022 Last Quarter—But Still Far From Recession
forbes.com/sites/dereksaul/2024/04/25/us-economy-grew-at-slowest-pace-since-2022-last-quarter-but-still-far-from-recession/
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Deutsche Bank declares Postbank problems resolved: Germany's largest bank finally wants to draw a line under the Postbank debacle.
sueddeutsche.de/wirtschaft/deutsche-bank-postbank-quartalszahlen-1.6599071
Quick Glance: Deutsche Bank Increases Quarterly Profit by 10 Percent
- Deutsche Bank surpasses expectations in the first quarter of 2024 with a profit of 2 billion euros before taxes and 1.5 billion euros after taxes.
- CEO Christian Sewing expresses satisfaction, citing the best results since 2013, emphasizing discipline in meeting cost targets, and the strong capital base.
- Revenue in investment banking increases significantly, particularly through trading in bonds, currencies, and large loans.
- Deutsche Bank invests in buying back its own shares, raises dividends, and plans job cuts to keep costs below 20 billion euros.
Building interest rates are rising again: How expensive will it be to build a house?
faz.net/aktuell/finanzen/bauzinsen-steigen-wieder-wie-teuer-wird-der-hausbau-19677969.html
Climate policy: The government frees itself from its responsibility: The Climate Protection Act should ensure that Germany pursues serious climate protection ...
zeit.de/wissen/umwelt/2024-04/klimapolitik-klimaschutz-ampel-koalition-aenderung-rueckschritt
What Mario Draghi would mean for Germany as head of the EU Commission: The Italian could soon replace Ursula von der Leyen. A change that would radically change ...
berliner-zeitung.de/politik-gesellschaft/was-mario-draghi-als-eu-kommissionschef-fuer-deutschland-bedeuten-wuerde-li.2207530
New study: For one in two people, their search for an apartment takes longer than a year
spiegel.de/wirtschaft/service/bei-jedem-zweiten-dauert-wohnungssuche-laenger-als-ein-jahr-a-5f87a946-b64f-41c4-82ea-f91bb07d819d
Decline of ten percent: extreme weather causes historically poor wine harvest: Droughts, fires and other climate-related problems are causing a serious slump in ...
n-tv.de/wirtschaft/Extremwetter-sorgt-fuer-historisch-schlechte-Weinernte-article24902261.html
Solar package: Why having your own power plant will soon be much easier: The Bundestag decides on the "solar package": solar systems on the roof or balcony ...
sueddeutsche.de/wirtschaft/solarpaket-bundestag-2024-aktuell-1.6599714
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René Benko's pyramid scheme: This is how he made his investors happy: René Benko managed to make his investors happy for a long time. Now an insider unpacks how ...
businessinsider.de/wirtschaft/rene-benkos-schneeballsystem-so-machte-er-seine-investoren-gluecklich/
Data centers in the "climate lab": Why Germany is a sought-after location for power guzzlers
n-tv.de/wirtschaft/Rechenzentren-im-Klima-Labor-Warum-Deutschland-ein-begehrter-Standort-fuer-Stromfresser-ist-article24900543.html
Retirement planning: Can I afford to work part-time?: A woman wants to reduce her working hours to have more time for her hobby. It's not just your salary that ...
faz.net/aktuell/finanzen/altersvorsorge-kann-ich-es-mir-leisten-in-teilzeit-zu-arbeiten-19665572.html
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Sweden should hike military budget to 2.6% of GDP, defence committee says: Sweden should raise its military spending to around 2.6% of GDP by 2030 ...
reuters.com/world/europe/sweden-should-hike-military-budget-26-gdp-defence-committee-says-2024-04-26/
Economy: Habeck sees signs of slight recovery: Federal Minister of Economics Robert Habeck presents his spring report: Falling prices are encouraging ...
deutsche-handwerks-zeitung.de/konjunktur-habeck-sieht-zeichen-fuer-leichte-erholung-337948/
Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
16 million Californians use TikTok. Soon, it could go away. What would that mean?
sacbee.com/news/politics-government/capitol-alert/article287974225.html
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
‘Operation Save Rishi’ Aims to Get UK Premier Through Key Vote: Rishi Sunak said this week he’s putting UK defense spending on a “war footing ...
bloomberg.com/news/articles/2024-04-27/-operation-save-rishi-aims-to-get-uk-premier-through-key-vote
China's first-quarter industrial profits rise at slower pace: China's industrial profits posted smaller gains for the first quarter compared to the first two ...
reuters.com/world/china/chinas-first-quarter-industrial-profits-rise-slower-pace-2024-04-27/
US economy grew slower than expected at the start of 2024: Gross domestic product, the broadest measure of goods and services produced across the economy ...
foxbusiness.com/economy/us-gdp-economy-first-quarter-2024
GDP Report Was Better Than it Looked. Here’s Why.: Household and business spending grew at an annual rate of more than 3%, an encouraging sign ...
barrons.com/articles/gdp-dollar-stocks-market-selloff-0fc9fd46
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Weaker GDP Isn’t a Reason to Dump Stocks: Blue chip techs, financials and industrials can keep growing.
on.barrons.com/44i0Y0n
Japan's defense spending climbs to 1.6% of GDP: TOKYO -- Japan's defense-related budget for fiscal 2024 has expanded to 1.6% of gross domestic product ...
asia.nikkei.com/Politics/Defense/Japan-s-defense-spending-climbs-to-1.6-of-GDP
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Relative measures can be absolutely wrong: Comparing one data point with another can be misleading, nonsensical or even dangerous.
ft.com/content/7f0d8140-ee06-4a51-a35a-bc1cab5ec4cf
Vive la simplification: France wants to cut bureaucracy for businesses: President Macron’s government embarks on a tape-cutting crusade to support overburdened ...
euronews.com/business/2024/04/26/vive-la-simplification-france-wants-to-cut-bureaucracy-for-businesses
Euro zone consumers lower inflation expectations again, ECB survey shows: Euro zone consumers lowered their expectation for inflation over the next 12 months in ...
reuters.com/markets/europe/euro-zone-consumers-lower-inflation-expectations-again-ecb-survey-shows-2024-04-26/
Shehbaz Sharif is 'ashamed' as Bangladesh beats Pakistan in economic growth
wionews.com/south-asia/shehbaz-sharif-is-ashamed-as-bangladesh-edges-pakistan-in-economic-growth-714891
Prosperity in Switzerland has increased more than expected: The widespread opinion is that the population would no longer benefit from economic growth ...
handelszeitung.ch/konjunktur/der-wohlstand-in-der-schweiz-hat-starker-zugenommen-als-gedacht-704679
How to establish yourself as a data pioneer: Some companies use their data from internal and external sources according to a structured plan ...
cio.de/a/so-etablieren-sie-sich-als-daten-pionier,3574089
The latest on the US economy and other economics stories to read: Top economy stories: Lastest on the US economy; Bank of Japan keeps interest rates steady; ...
weforum.org/agenda/2024/04/us-economy-economics-finance-news-26-april/
Proposed 40% debt to GDP in 2025 could risk overall economy - Economy - The Jakarta Post
thejakartapost.com/business/2024/04/26/proposed-40-debt-to-gdp-in-2025-could-risk-overall-economy.html
Q1 GDP Report: Don't Use Yesterday's News To Predict Tomorrow's Inflation: Despite the first-quarter GDP anomaly, the long-term trend suggests a soft landing ...
seekingalpha.com/article/4686661-q1-gdp-report-dont-use-yesterdays-news-to-predict-tomorrows-inflation
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Russian central bank warns of slower drop in inflation as it holds rates at 16%: Inflation is set to ease more slowly than previously thought, Russia's central ...
reuters.com/markets/europe/russian-central-bank-holds-rates-16-raises-inflation-forecast-2024-04-26/
Delhi’s Dilemma: A Growing Economy and Growing Unemployment: India is on its way to becoming the third-largest economy in the world, yet unemployment among young ...
thediplomat.com/2024/04/delhis-dilemma-a-growing-economy-and-growing-unemployment/
Fixed Income Luminaries Favor Coupon Clipping as US Yields Rise: Welcome to the Weekly Fix, the newsletter with high yields and low duration risk ...
bloomberg.com/news/newsletters/2024-04-26/fixed-income-luminaries-favor-coupon-clipping-as-us-yields-rise
Bitcoin price risks 1-week lows as US GDP sparks ‘stagflation’ woes: Bitcoin reacts to “stagflationary” U.S. macro data with BTC price nearing weekly lows.
cointelegraph.com/news/bitcoin-price-1-week-lows-us-gdp-stagflation
Consumers Splurge On Services, Fixed Investment Surges, Imports Drag On GDP And There's A Blip In Government Spending
seekingalpha.com/article/4686640-consumers-splurge-on-services-fixed-investment-surges-imports-drag-on-gdp-and-theres-a-blip-in-government-spending
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Bucharest startup scene maintains positive outlook as economy grows: BR Exclusive - The startup ecosystem in Bucharest was valued at USD 37 billion last year ...
business-review.eu/br-exclusive/bucharest-startup-scene-maintains-positive-outlook-as-economy-grows-259893
Korean economy grows but public feels little effect : The surprise growth of the Korean economy in the first quarter of this year appears not to be felt by the ...
koreatimes.co.kr/www/biz/2024/04/126_373557.html
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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What to read about India’s economy: Can it emulate China’s past manufacturing success—and should it even try?
economist.com/the-economist-reads/2024/04/22/what-to-read-about-indias-economy
South Korea's public finances no longer a credit rating 'strength', Fitch says: South Korea's public finances are no longer a strength for its sovereign credit ...
reuters.com/markets/asia/south-koreas-public-finances-no-longer-credit-rating-strength-fitch-says-2024-04-26/
Proxmox VE 8.2 helps migrate ESXi VMs: Proxmox VE 8.2 brings a wizard for migrating third-party VMs. There is also a tech preview of the firewall implementation ...
heise.de/news/Proxmox-VE-8-2-hilft-bei-der-Migration-von-ESXi-VMs-9699311.html
How SC verdict on childcare leave opens up possibilities for women: A decrease in women’s unpaid care work is related to a 10-percentage point increase in ...
indianexpress.com/article/opinion/columns/how-sc-verdict-on-childcare-leave-opens-up-possibilities-for-women-9291069/
Oil prices on track to snap two-week losing streak: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U ...
reuters.com/markets/commodities/oil-prices-rise-us-official-eases-market-concerns-over-economic-headwinds-2024-04-26/
Ringgit retreats vs US$ ahead of personal consumption expenditure reading: KUALA LUMPUR: The ringgit was lower against the greenback in early trade on Friday ...
thestar.com.my/business/business-news/2024/04/26/ringgit-retreats-vs-us-ahead-of-personal-consumption-expenditure-reading
Yellen: Subpar U.S. growth may get revised up, inflation will ebb: U.S. Treasury Secretary Janet Yellen told Reuters on Thursday that U.S. economic growth was ...
reuters.com/markets/us/yellen-says-economy-performing-well-inflation-will-ebb-2024-04-25/
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